APA Revises 2007 Structural Wood Panel Production Forecast
North American production of structural plywood and oriented strand board (OSB) is now expected to total 41.4 billion square feet next year, or 3.8 percent less than in its earlier fall forecast, APA—The Engineered Wood Association announced.
The housing downturn is expected to have a similar dampening effect on demand next year for other structural engineered wood products, such as glulam timber, wood I-joists and laminated veneer lumber.
Demand in the industry's other domestic markets — remodeling, industrial and nonresidential construction — is still expected to be about the same next year as this, according to the revised outlook.
The housing downturn is expected to have a similar dampening effect on demand next year for other structural engineered wood products, such as glulam timber, wood I-joists and laminated veneer lumber.
Demand in the industry's other domestic markets — remodeling, industrial and nonresidential construction — is still expected to be about the same next year as this, according to the revised outlook.