Current status of the U.S. hardwood industry
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In: 2nd biennial international conference on Processing Technologies for the Biobased Products Industries; 2012 November 6-7; St. Simons Island, GA. PTF BPI: 23-25. Extended abstract.
The U.S. manufacturing sector has seen challenging years during the past decades. The major driver behind the decline of U.S. manufacturing prowess has been the ongoing globalization of trade, which has brought market share losses for U.S.-based manufacturing in many hardwood lumber consuming industries. The wood furniture, flooring, and millwork industries, for example, were especially hard hit by the worldwide opening of markets for goods and services. More recently, the U.S. wood products industry has been impacted by the bursting of the housing bubble, followed by the global financial crisis, which has further dampened demand for many hardwood products associated construction-based markets such as cabinets.
Buehlmann, Urs; Bumgardner, Matthew; Sperber, Michael. 2012. Current status of the U.S. hardwood industry. In: 2nd biennial international conference on Processing Technologies for the Biobased Products Industries; 2012 November 6-7; St. Simons Island, GA. PTF BPI: 23-25.