Housing's impact on wood products sales
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FDMC. July: 50, 52, 54. [3 p.]
What are the market conditions for woodworkers involved in construction-based sectors and what investments are planned to improve capabilities in the current business environment? For a fifth straight year, construction-based markets continued their growth trends in 2016, as U.S. spending on single family housing, multi-family housing, and nonresidential construction all increased, with repair and remodeling increasing for a fourth straight year, according to the U.S. Census Bureau. Total value of construction put in place in these sectors was $877 billion in 2016. It's against this backdrop that the eighth annual housing market study was conducted in early 2017 as a joint effort by Virginia Tech, the U.S. Forest Service and Woodworking Network/FDMC.
Bumgardner, Matt; Buehlmann, Urs; Koenig, Karen. 2017. Housing's impact on wood products sales. FDMC. July: 50, 52, 54. [3 p.]