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Lumber prices Presently there is a healthy lumber economy in the United States, directly employing about 500,000 people in three industries: Logging , Sawmill , and Panel . [ 62 ] Annual production in the U.S. is more than 30 billion board feet making the U.S. the largest producer and consumer of lumber. [ 62 ]
When the St. Louis County Parks Department purchased a $56,000 TimberKing Sawmill, it likely never expected the purchase would one day lead to the discovery of a multi-county theft operation.
Stumpage is the price a private firm pays for the right to harvest timber from a given land base. It is paid to the current owner of the land. Historically, the price was determined on a basis of the number of trees harvested, or "per stump". Currently it is dictated by more standard measurements such as cubic metres, board feet, or tons. To ...
Portable sawmills are sawmills small enough to be moved easily and set up in the field. They have existed for over 100 years but grew in popularity in the United States starting in the 1970s, when the 1973 oil crisis and the back-to-the-land movement had led to renewed interest in small woodlots and in self-sufficiency.
Price gouging is a pejorative term for the practice of increasing the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair by some. This commonly applies to price increases of basic necessities after natural disasters. Usually, this event occurs after a demand or supply shock.
From 1990 through early 2024, the S&P CoreLogic Case-Shiller U.S. National Home Price Index, which measures residential real estate values, rose by about 323%. On an average annual basis, that's ...
Core prices rose 3.3% over last year, marking an uptick from the 3.2% seen in December, which was the first time since July that year-over-year core CPI showed a deceleration in price growth.
Friedrich (Frederick) Weyerhäuser (November 21, 1834 – April 4, 1914 [1]), also spelled Weyerhaeuser, was a German-American timber mogul and founder of the Weyerhaeuser Company, which owns sawmills, paper factories, and other business enterprises as well as large areas of forested land in the northern United States.