There were a number of trade publications that excitedly announced the following yesterday:
U.S. Hardwood Exports Hit 72-Month High:
May’s hardwood lumber export data totaled 121.4 million board feet, the highest level in 72 months and the fifth highest monthly total ever. China shipments set a record.
This is good news for hardwood sellers, I guess. And it might indicate that the global economy is improving. Hardwood is used to make stuff, after all. And if factories are making stuff, then it’s likely that people are buying stuff. But I’ve got to admit, this headline makes me sad. Here are a few of the reasons:
