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Lumber’s price drop has been particularly dramatic in just the last 90 days in the futures market, with contract prices for July falling 28% to $466 per thousand board feet (futures prices are ...
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]
Lumber. Wood cut from Victorian Eucalyptus regnans. The harbor of Bellingham, Washington, filled with logs, 1972. Lumber is wood that has been processed into uniform and useful sizes (dimensional lumber), including beams and planks or boards. Lumber is mainly used for construction framing, as well as finishing (floors, wall panels, window frames).
Laminated veneer lumber (LVL) is an engineered wood product that uses multiple layers of thin wood assembled with adhesives. It is typically used for headers, beams, rimboard, and edge-forming material. LVL offers several advantages over typical milled lumber: Made in a factory under controlled specifications, it is stronger, straighter, and ...
The caution comes as Lowe's (LOW) posted a mixed quarter on Wednesday before the market open. The retailer reported adjusted earnings per share of $2.28, topping above analysts expectations for $2 ...
The median household income increased by only $6,005 between 2001 and 2021, from $64,779 to $70,784, and median home sale prices increased by more than $250,000 in that same time frame, according ...
Wood flooring. Wood flooring is any product manufactured from timber that is designed for use as flooring, either structural or aesthetic. Wood is a common choice as a flooring material and can come in various styles, colors, cuts, and species. Bamboo flooring is often considered a form of wood flooring, although it is made from bamboo rather ...
Spruce-pine-fir. Black spruce stand at Arctic Chalet, Inuvik, NT. Spruce-pine-fir (SPF) is a classification of lumber that can be traded on commodities exchanges. In Canada, and parts of the United States, most of the spruce tree species, pine tree species, and fir tree species share similar physical and mechanical characteristics, to the point ...
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