December 20, 2024: Experts Talk Tariffs, Inventory Levels, and Market Temps to Wrap up 2024
Update: 2024-12-20
Description
Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Supply is thinning as we head into the end of the year but activity remains steady. Justin and Ken wrap up 2024 with a discussion on the new administration's potential tariffs, a look at housing starts and their impact on the upcoming lumber market, and share some expectations heading into the new year. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Ken has been with AIFP since 2017, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry.
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