Trio Forest

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LATEST POSTS

Year End Lumber Market Analysis

Year End Lumber Market Analysis

Dec 18, 2023

As the year concludes, the lumber market demonstrates a blend of stability, cautious optimism, and strategic considerations influenced by both market and seasonal dynamics.

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Trio’s Toy Drive is in Full Swing

Trio’s Toy Drive is in Full Swing

Nov 29, 2023

There’s still time to be a part of Trio’s Toy Drive this Holiday Season! Partner with Trio to drop off a toy to our office or make a quick cash donation to Trio’s St. Vincent De Paul Toy Drive site.

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Analyzing the Lumber Market’s Holding Pattern

Analyzing the Lumber Market’s Holding Pattern

Nov 17, 2023

Your teams Lumber Purchasing Playbook can call plays based on a safe approach by purchasing lumber now (like kicking a field goal) or a game winning touchdown approach, wait and see what the market will bring (like going for the fourth down). You make the call coach! Keep reading to help determine your teams next play!

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Lumber Market Considerations: March and April 2023

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What do flat lines in our graphs mean for the lumber market?
Perhaps is means that supply and demand are at a temporary check mate.

Even though interest rates continue to fluctuate, nationwide residential housing starts are up and permits are also up overall since January. Approximately 75% of builders anticipated housing starts down in 2023. Builders confidence has improved by about 20% after Q1.
Multifamily is predicted to stay strong for this upcoming spring season.

As winter winds down, spring conditions are bringing a stronger demand for lumber. Building typically amps up nationwide with favorable weather conditions.

Overall, our business partners are cautiously optimistic about the consistency in volume demand for 2023.