The Wood Product Manufacturing industry produces a diverse range of wood products, including wood ladders, cabinets, toothpicks, wood flour and kiln-dried lumber. The construction sector is the industry's largest source of demand and manufacturers have benefited going into 2022 from solid growth in housing starts and consumer spending, boosting demand from households for other wood products. However, demand has slowly shrunk since 2021 because of the former economic effects of…

2024 – the Wood Dragon year comes once every 60 years in the Chinese zodiac. The dragon is associated with incredible strength, positive transformation, and challenges. And, the element wood, symbolises creativity and adaptability. Together, they make the Year of the Wood Dragon sound surprisingly like this year’s mass timber outlook. Engineered wood products continue to go from strength to strength with improved durability and energy efficiency. Wood is replacing…