Sales in the wood product manufacturing industry have bucked the trend in the manufacturing sector as a whole. Total sales in the wood product industry were up 19.7% over the 12-month period from June 2012 to May 2013 compared with the same period one year earlier. By comparison, total manufacturing sales in Canada, excluding wood products, decreased 1.1% over the same period.
Wood product manufacturing was one of only eight industries where sales increased from June 2012 to May 2013, and represented both the largest dollar gain and largest percentage gain by industry. This paper examines the recent turnaround in the wood industry, including national and provincial trends.
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