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

US Forest Industry Performance: August 2019

September 18, 2019
Author: Joe Clark

US forest industry performance in July and August was recently reported by both the US government and the Institute for Supply Management.

Total industrial production (IP) declined 0.2 percent in July (+0.5 percent YoY). Manufacturing output decreased 0.4 percent (-0.5 percent YoY) and has fallen more than 1.5 percent since December 2018. In July, mining output fell 1.8 percent, as Hurricane Barry caused a sharp but temporary decline in oil extraction in the Gulf of Mexico. The index for utilities rose 3.1 percent, however.

Wood Products (-1.1percent) was among the largest decliners in durables, whereas Paper (+1.3 percent) posted the only increase among nondurables. With Wood Products capacity expanding, capacity utilization dropped; by contrast, Paper capacity utilization rose in July.

On a more positive note, new orders rose 1.4 percent (+1.8 percent YoY); excluding transportation, the gain was a less robust 0.3 percent (+0.8 percent YoY), however. Business investment spending nudged up 0.2 percent (+0.6 percent YoY).




The Institute for Supply Management’s (ISM) monthly survey showed that in August, US manufacturing contracted for the first time since August 2016. The PMI registered 49.1 percent, down 2.1PP. Significant declines were seen in the indexes for new orders (-3.6PP), employment (-4.3PP) and exports (-4.8PP). By contrast, the pace of growth in the non-manufacturing sector accelerated (+2.7PP, to 56.5 percent). The increase was driven primarily by jumps in business activity (+8.4PP) and new orders (+6.2PP). Of the industries we track, only Paper Products contracted.

The consumer price index (CPI) increased 0.3 percent in July (+1.8 percent YoY); contributing factors included the indexes for gasoline (+2.5 percent), electricity (+0.6 percent) and shelter (+0.3 percent). Meanwhile, the producer price index (PPI) advanced 0.2 percent (+1.7 percent YoY), mainly on a 5.2 percent jump in the gasoline index that was only partially offset by a drop in the guestroom (motel) rental index (4.3 percent). Prices for final demand construction rose 0.6 percent.

In the forest products sector, index performance included:

  • Pulp, Paper & Allied Products: -0.4 percent (-1.3 percent YoY)
  • Lumber & Wood Products: -0.1 percent (-5.9 percent YoY)
  • Softwood Lumber: +1.7 percent (-19.5 percent YoY)
  • Wood Fiber: -0.3 percent (-4.6 percent YoY)


economic outlook

Back to Blog

You May Also be Interested In

March 23, 2020
How the Forest Industry Survives Down Markets, COVID-19 Crisis
Just two months ago, Americans watched cautiously from a distance as the COVID-19 contagion caused a nearly...
Continue Reading
March 18, 2020
US Forest Industry Performance: February 2020
US forest industry performance in January and February was recently reported by both the US government and the...
Continue Reading
February 25, 2020
Housing Market Demonstrates Momentum Despite January Dip
US housing starts dropped 3.6 percent in the first month of 2020, however new building permits rose to a nearly...
Continue Reading