MATERIAL SUBSTITUTION IN THE U.S. RESIDENTIAL CONSTRUCTION INDUSTRY, 1994 VERSUS 1998
The US residential construction industry has undergone a period of rapid change over the past decade. The effects that timber harvest restrictions in federal and state forests have had on softwood lumber price, price volatility, and lumber quality, combined with technological advances employed by th...
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| Veröffentlicht in: | Forest products journal 2001-09, Vol.51 (9), p.30-30 |
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| creator | EASTIN, IVAN L SHOOK, STEVEN R FLEISHMAN, SAMUEL J |
| description | The US residential construction industry has undergone a period of rapid change over the past decade. The effects that timber harvest restrictions in federal and state forests have had on softwood lumber price, price volatility, and lumber quality, combined with technological advances employed by the manufacturers of substitute materials, have contributed to the increased use of substitute materials in residential construction. The objective of this research was to assess the extent of material substitution in residential construction between 1994 and 1998, as well as to provide insight into the factors driving the changes in material substitution. Results of this study are based on a random sample of 2,400 US residential construction firms and a census of the 100 largest US residential construction firms. This study offers convincing evidence that softwood lumber continues to lose market share in the US residential construction industry and that builders remain concerned about softwood lumber quality, price, and price stability. |
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products journal</jtitle><date>2001-09-01</date><risdate>2001</risdate><volume>51</volume><issue>9</issue><spage>30</spage><epage>30</epage><pages>30-30</pages><issn>0015-7473</issn><eissn>2376-9637</eissn><coden>FPJOAB</coden><abstract>The US residential construction industry has undergone a period of rapid change over the past decade. The effects that timber harvest restrictions in federal and state forests have had on softwood lumber price, price volatility, and lumber quality, combined with technological advances employed by the manufacturers of substitute materials, have contributed to the increased use of substitute materials in residential construction. The objective of this research was to assess the extent of material substitution in residential construction between 1994 and 1998, as well as to provide insight into the factors driving the changes in material substitution. Results of this study are based on a random sample of 2,400 US residential construction firms and a census of the 100 largest US residential construction firms. This study offers convincing evidence that softwood lumber continues to lose market share in the US residential construction industry and that builders remain concerned about softwood lumber quality, price, and price stability.</abstract><cop>Madison</cop><pub>Forest Products Society</pub><tpages>1</tpages></addata></record> |
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| ispartof | Forest products journal, 2001-09, Vol.51 (9), p.30-30 |
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| source | Business Source Complete |
| subjects | Bias Buildings Construction industry Environmental impact Environmental policy Equipment and supplies Forest management Forest products Forest products industry Housing starts Lumber industry Market shares Perceptions Polls & surveys Statistical analysis Studies Timber Trends Volatility Wood |
| title | MATERIAL SUBSTITUTION IN THE U.S. RESIDENTIAL CONSTRUCTION INDUSTRY, 1994 VERSUS 1998 |
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