Tariffs that are central to President Donald Trump's economic policies could destabilize markets for numerous Maine products from lumber to lobsters to electricity. The president has said he will ...
Additionally, prices of lumber and other building materials slumped after a renovation project surge and the pandemic eased; the lower prices left many suppliers in shaky financial condition.
Lumber prices have been stable at $500 per thousand board feet as of 2023-2024. Boise Cascade sees profits despite the soft housing market linked to construction demand. International Paper excels ...