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Recent Trends in the Timber Sector
Our objective in this section is to measure how timber markets have changed in the US South since detailed records have been kept, with emphasis placed on the most recent changes. Our approach is to use timber harvests and prices as compact, summary indicators of the sector’s evolution over time. We begin by examining how harvest quantities and then prices have changed over time. We put these changes into context by decomposing quantity and price changes into their root causes, the shifts in supply and demand. The remaining sections of this report will examine several factors that have influenced supply and demand over this period.

