Virus will have impact on wood products industry well into 2021

COVID-19's impact on the wood products industry will last well into 2021, and possibly longer.

Industry News

With millions of Americans already out of work and continued job losses exceeding that of the Great Recession of 2009, U.S. GDP is projected to decline by 8 percent in 2020.

There are projections that it could take up to three years for the U.S. economy to recover from the COVID-19 coronavirus pandemic, according to a report by McKinsey & Company.


Source: Magnolia Reporter


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