Business Trends North America

Interest Rates, Tariff Uncertainty Impact West Coast Region Throughout the West Coast region sources that were contacted at the time of this writing differed as to how their companies were faring in the marketplace. One source noted that due to the uncertainty in the economy and housing market that his sales have slowed. Another source […]

Market Slowdown’s Not Only Challenge; So Is Finding Skilled Workers The hardwood sector is seeing a slowdown due to economic conditions and U.S. imposed tariffs. Producers are stating that production is being cutback due to the uncertainty surrounding tariffs causing exporters to reduce purchases of products shipped like Cherry, Red Oak and Walnut. Weather is […]

Quieter Business Market Sets The Tone The impact of U.S. tariffs are being felt around the globe, as well as on hardwood lumber and products imported and exported in the province as across the country. This is causing production declines in all areas, which were already declining prior to tariffs imposition. Based on information from […]

Overseas Export Drops and Domestic Is On The Rise For The Lake States The Lake States region is in agreement when it comes to the market having little change over six months and its generally positive. Transportation does not seem to be an issue and while the overseas export market is seeing delays, domestic sales […]

Oak And Ash Remain Best Sellers Throughout Lake States Throughout the Lake States region, sources that were contacted at press time differed as to how their markets were doing. One source stated that he is running his business on a week-to-week basis, hoping that he will get a clearer picture of his marketplace soon. Another […]

The Northeast Raises Concerns About Chinese Conflicts The concerns about the tariff situation have affected the Northeastern hardwood lumber market, causing hesitation in buying and shipping the lumber. Red Oak was specifically named as a specie that many are struggling to move. Despite these issues, lumber spokesmen remain hopeful due to the expected increase in […]

The Southeast Reports Uncertainties But Holds Steady Most Southeastern hardwood representatives contacted for this writing have reported that Red or White Oak, and even Poplar, are their best sellers. There is also a very low supply of all three listed species, observed one source. A lumber spokesperson in Tennessee reported that the market in his […]

Across the West Coast, lumber providers that were contacted agreed that they are doing well with their domestic business. One source stated that his business is better than it was six months ago. Another source agreed, adding that this could be due in part to a lack of supply. In Southern California, a lumberman said […]

March and April were eventful months dominated by the federal election on April 28, an unpredictable race between the Liberal and Conservative parties, at the time of this writing. Meanwhile, ongoing tariff conflicts between Canada and the U.S. created uncertainty, affecting businesses across the hardwood industry as well as most businesses in other sectors. Tariff […]

The ongoing tariff war between the U.S. and Canada, and the U.S. and other countries, have affected sales of most hardwood species of grades and thicknesses. Exports to the U.S. have dropped, while shipments to China have increased slightly for some in the export business of Cherry, Red and White Oak, Walnut, Poplar and Ash. […]