Industry Analysis & Industry Trends
The Logging industry has been in recovery mode during the past five years, as construction activity has been climbing upward from recessionary lows, driving industry revenue. Demand conditions for the industry are expected to continue improving through 2020, as recovery in the residential construction market is forecast to strengthen and home improvement spending rises. However, paper manufacturing is forecast to slow due to the continued trend toward electronic communication, reducing demand... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The US Logging industry is in the mature stage of its economic life cycle. In the 10 years to 2020, industry value added, which measures the industry's contribution to the overall economy, is forecast to increase at an annualized rate of 2.0%, in line with GDP, also slated to grown an annualized 2.5% during the period.
Although the majority of the industry's products are used in the construction sector and various wood-based manufacturing sectors, the industry will face lower demand from paper manufacturers over the next five years. Downstream industries within the paper manufacturing sector have entered into decline due to continued substitution for electronic-based communication, although this loss will be offset by increased sales to international markets... purchase to read more