What we can offer you

We provide detailed transactional data, cost benchmarks and in-depth analytics for participants in the wood raw materials supply chain.
  • Pricing Data
  • Benchmarks
  • Product Forecasting
  • Advisory Services
  • Analytics
Learn More

SilvaStat360 Platform

  • Price Benchmarks
  • Madison’s Lumber Reporter
  • The Beck Group’s Sawmill TQ
  • Timber Supply Analysis 
  • Global Economic Data

Explore Forest2Market's Interactive Business Intelligence Platform

Learn More


From biomass suppliers in the Baltics to pulp producers in Brazil and TIMOs in the United States, Forest2Market provides products and services for suppliers, producers and other stakeholders in the global forest products industry.

Learn More

Forestry-Related Industry Performance: May 2015

June 23, 2015
Author: Joe Clark

Forestry-related industry performance for the latter part of April and May was mixed over March data in both the manufacturing and non-manufacturing sectors.

Total industrial production (IP) decreased 0.3% (0.0% expected) in April, its fifth consecutive monthly loss. At 105.2% of its 2007 average, total IP was 1.9% above its April 2014 level. Manufacturing output was unchanged in April; March was revised from +0.1% to +0.3%. The fall-off in oil and gas well drilling caused a 0.8% drop in mining output (its fourth consecutive monthly decrease) in April; the output of utilities also declined 1.3%. Performance of major sub-groups included:

  • Wood Products rose by 1.3% (+2.0% YoY)

  • Paper output rose by 0.2% (-2.3% YoY).

  • Consumer spending on goods improved slightly (from +0.05% to +0.10%)

Capacity at the all-industries and manufacturing levels moved higher: +0.2% (to 134.5% of 2007 output) and +0.1% (to 132.6%), respectively. Wood Products increased by 0.3% (+4.9% YoY) to 118.4%. Paper, on the other hand, contracted by 0.1% (-2.4% YoY) to another new low (98.5%).

Capacity utilization (CU) for the industrial sector decreased 0.5% in April to 78.2%, or 1.9 percentage points below its long-run (1972-2014) average. Wood Products and Paper CU both bucked the larger trend by rising +0.9% (to 69.2%) and +0.4% (to 83.6%) respectively.


Manufacturing and Non-Manufacturing Surveys

The Institute for Supply Management’s (ISM) monthly opinion survey indicated that growth of activity in the U.S. manufacturing sector quickened slightly in May (Figure 2). The PMI rose 1.3 percentage points, to 52.8%. (50% is the breakpoint between contraction and expansion.) Virtually all sub-indexes were higher in May (Table 3), but the most obvious change was a substantial moderation in the pace of input price decreases.



While Paper Products expanded amidst widespread support in May, Wood Products was unchanged. After essentially trading flat since mid-April, the July lumber futures contract abruptly increased by $26/MBF (10.5%) between mid-May and the first week of June. We suspect the price rise reflected stronger demand from April’s housing start surge, and supply disruptions from wet weather across the mid-South (particularly Texas).

The pace of growth in the non-manufacturing sector slowed in May. The NMI dropped 2.1 percentage points to 55.7%.



 Forest2Market's Economic Outlook  




Back to Blog

You May Also be Interested In

January 22, 2020
US Forest Industry Performance: December 2019
US forest industry performance in November and December was recently reported by both the US government and the...
Continue Reading
January 08, 2020
Forest2Market Announces Role in Knight Property Transaction
Northern Trust (as trustee) recently sold the Knight Property—54,929 acres of timberland—in the Florida Panhandle....
Continue Reading
December 26, 2019
US Labor Market Wraps Up 2019 With a Bang
Every month, Forest2Market publishes updated forecasting products designed specifically for participants in the...
Continue Reading