What is Lumber?
Lumber refers to wood that has been processed into beams and planks for construction or other purposes.
Types of Lumber
- Softwood: Pine, cedar, fir
- Hardwood: Oak, maple, cherry
Uses of Lumber
Lumber is commonly used in the construction industry for building homes, furniture, and more.
Case Study: Lumber Industry
In 2020, the lumber industry saw a surge in demand due to increased home renovations during the pandemic, leading to higher prices.
Statistics
According to the National Association of Home Builders, lumber prices have increased by over 250% in the past year.
