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Economic Outlook

2 min read

Economic Conditions Remain Unchanged, How Does This Impact the Forest Products Industry?

With economic conditions showing little variation, the forest products industry finds itself at a crucial juncture due to global conflicts and...

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Line graph of southern yellow pine kiln dried prices, 2023 year to date.

3 min read

2023 Recap: SYP KD Lumber Prices Fall to 2019 Lows as Economy Slumps

As 2023 finishes out, SYP KD lumber prices have steadily fallen to levels not seen since 2019. With economic factors showing a potential recession on...

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ISM Performance Index line graph, 2008 to 2023 Sept.

3 min read

Economic Contraction Slows, but Remainder of 2023 Brings Uncertainty

Economic conditions have inched up in several key indicators. But global conflicts and persistent inflation position us on the brink of recessionary...

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Graph indicating slight increases in manufacturing and industrial production.

3 min read

Manufacturing and Industrial Production Show Very Slight Increases

Recession still looms over the economy. But a few small upticks in economic indicators show some life as we move into the 4th quarter of 2023.

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Graph indicating lumber price trends in 2023.

3 min read

SYP Lumber Prices Fall to Lowest Level This Year

Reported SYP KD lumber prices have dropped to the lowest level so far this year. According to ResourceWise data, the price dipped just under...

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US $100 bill with a decreasing line graph cutting across it indicating the start of a recession.

4 min read

The Verdict’s Out: We’re in the Starting Phase of a Recession

Ongoing debate continues among economists as to whether we’re actually seeing a “true” recession. Some analysts split hairs as to how we define a...

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Line chart of SYP lumber weighted MBF prices, January through May, 2021, 2022 and 2023.

3 min read

SYP Lumber Prices Steady as Housing and Manufacturing Improve

SYP lumber prices have held somewhat steady across 2023 thus far. Price variance is far below the meteoric rises and falls of 2022 and 2021. Some...

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A log collector vehicle picks up timber at a harvest site.

3 min read

Further Declines in Manufacturing Will Impact Forestry

As a result of late-March revisions modifying the entire historical sweep of affected data series, total industrial production (IP) was reported as...

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