JULY 2008: THE STATE WE'RE IN


0708IndicatorsChart1.png Lumber prices and output chopped


Unlike oil and farm products, lumber prices have not been appreciating. In 2007, Random Lengths’ index had declined 30% since 2004 when the composite price topped $400 per thousand board feet, and 2008’s year-to-date average is even lower: $252. Stalled-out homebuilding and competition from overseas have slackened demand for Oregon timber. West Coast softwood production dropped 12% in 2007 and rail and truck shipments are down 16% year-to-date in 2008.


 


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Current Issue | DEC 08

  • The sky is not falling
    10 reasons why you shouldn't panic* *And 9 reasons why you should  MORE >

  • Where did they go? What does it matter that Oregon hasn't seen an IPO for years?
  • Down the line The future of the seafood industry rests with leaders such as Pacific Seafood’s Frank Dulcich, and his ability to balance strong-willed business tactics with collaboration.
  • Economist Tim Duy tempers state's optimism How will Oregon weather the economic storm in comparison to the rest of the nation? This question is at the top of the list for local policymakers and firms.

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Out of the frying pan
There’s been a lot of criticism directed at those who believe the economic sky is is falling.

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Feedback

Readers put forth their legislative agenda

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