Lumber Builds the Future

“Lumber and economic growth are tightly connected,” says USDA Forest Service scientist Jeffrey Prestemon. “At a certain rate of GDP growth, you get a certain path of lumber consumption.” Prestemon recently led a modeling study that projects softwood lumber demand under different economic growth scenarios, represented by real gross domestic product. Real GDP is adjusted…  More 

U.S. Forest Products in the Global Economy

Although the United States leads the world in both production and consumption of forest products, the U.S. share of the global forest products market has declined precipitously since the 1990s. The declines are a result of decreases in U.S. construction and paper manufacturing, according to a new study by U.S. Forest Service Southern Research Station…  More 

Where Do U.S. Forest Products Stand Globally?

A newly published report by U.S. Forest Service researchers shows that since the 1990s the U.S. share of the global forest products market has declined as a result of decreases in U.S. construction and paper manufacturing. Forest Service Southern Research Station (SRS) economists Jeff Prestemon and David Wear and SRS staff Michaela Foster authored the general technical…  More