What is it?
Sawn boards from broadleaved trees - what furniture, flooring, cabinets and barrels are made of.
Why does it matter?
Hardwood is a different business from softwood in every respect: graded for the amount of clear face you can cut out of a board rather than for strength, sold in random widths and lengths rather than standard sizes, and priced species by species. A walnut board and an oak board are not substitutes at any price.
Deeper written sections for this material have not been published yet. Everything below is drawn straight from the source datasets and is complete.
Price
Hardwood lumber made in sawmills, US producer price index
Annual averageIndex Dec 2003=100
Basis: US producer price index for hardwood lumber made in sawmills.. Annual averages as published in FRED (US Bureau of Labor Statistics producer price indexes) · source ↗. These are reference annual averages, not a live market quote.
Hardwood lumber, US producer price index
Annual averageIndex 1982=100
Basis: US producer price index for hardwood lumber. An index, not a price. Hardwood is priced species by species and grade by grade, so a single index necessarily averages markets that do not move together.. Annual averages as published in FRED (US Bureau of Labor Statistics producer price indexes) · source ↗. These are reference annual averages, not a live market quote.
What it is used for
All end markets →| End market | What it does there | Importance |
|---|---|---|
| Furniture & Joinery | The raw material of the whole industry | Defining |
