Year Of Unexpected Events Brought Some Pleasant Surprises

No one was expecting such a year when it began on Jan. 1, 2020, and much happened that caught everyone off guard, but there were a few positive surprises amid the wild ride, which F&W President Marshall Thomas discusses in the new edition of his company’s newsletter.

“Housing starts hit 1.547 million units (annualized) in November, 12.8 percent above the same month in 2019,” Thomas writes in the first F&W Forestry Report of the new year.  While that is great news, he notes that “the better news is that 1.186 million (annualized) of those starts were single-family units.  That is the highest level of single-family starts since April 2007.”

Thomas notes that pellet production was not impacted by the pandemic, and exports of the product continue to increase. 

Thomas also outlines a few items of interest to look for in 2021, including the new Biden administration’s actions on environmental policies, tax policies, and positions on China trade.