Exclusive study: Housing trends' impact on the wood products industry
from Woodworking Network
What's ahead for wood products manufacturers involved in construction-based sectors and what investments have companies planned to improve their capabilities in the current business environment? To gain perspective, construction-based markets continued their growth trends in 2018, as U.S. spending on multifamily housing increased for an eighth consecutive year, while spending on new single family housing and nonresidential construction both increased for a seventh straight year, and spending on repair and remodeling increased for the sixth consecutive time, according to the U.S. Census Bureau.
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