Lumber, especially softwood lumber like pine and spruce, is critical to U.S. home construction. Its availability and price directly affect housing costs and broader economic activity in the building sector. The U.S. imports about 40% of the softwood lumber the nation uses each year, more than 80% of that from Canada.
Why higher tariffs on Canadian lumber may not be enough to stimulate long-term investments in US forestry
Reader’s Picks
-
Life satisfaction among spouses aged over 50 is strongly interrelated, according to a longitudinal study by the University of Eastern [...]
-
Why do some people endorse claims that can easily be disproved? It’s one thing to believe false information, but another [...]
-
Grandparents can play a critical role in helping mediate their grandchildren’s media use and serve as an ally for their [...]