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July 3, 2023

North American lumber producers are booming again

Home construction boom suggests builders are going to need a lot more wood.

Their stocks aren’t quite as hot as home builders’, but Weyerhaeuser WY 0.54% increase; green up pointing triangle, Boise Cascade BCC 1.05% increase; green up pointing triangle and others that own sawmills and make wood panels have been big winners lately, thanks to the recovery in residential construction.

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