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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 ]
In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...
In 1996, the United States and Canada reached a five-year trade agreement, The Softwood Lumber Agreement, officially ending Lumber III. Under its terms, Canadian lumber exports to the United States were limited to 14.7 billion board feet (34.7 million cubic meters) per year. However, when the agreement expired on April 2, 2001, the two ...
After lumber prices surged in 2021 and 2022, the lumber industry responded by investing to increase production. Many lumber veterans saw a long-term opportunity for increased demand for their ...
A Eucalyptus being felled using springboards, c. 1884–1917, Australia McGiffert Log Loader in East Texas, US, c. 1907 Lumber under snow in Montgomery, Colorado, 1880s Logging is the process of cutting, processing, and moving trees to a location for transport .
The United States is the world's second-largest manufacturer after the People's Republic of China with a record high real output in 2021 of $2.5 trillion. [2] As of December 2016, the U.S. manufacturing industry employed 12.35 million people. A year later, in December 2017, U.S. manufacturing employment grew by 207,000, or 1.7%, employees. [3]
Aluminum producer Alcoa said last month that Trump's plan to impose a tariff could cost about 100,000 U.S. jobs and would itself not be enough to entice it to boost production in the country. Its ...
The U.S. imports over 70% of its softwood lumber and gypsum from Canada and Mexico, according to the NAHB. Construction workers build a single-family home in Westhampton Beach, New York, US, on ...