Out of the Woods? The Construction Sector is Up Again

‚ÄčThe wood industry benefits from the recovery in the construction sector: In 2017 wood output will grow by +2.6% and construction by +1.5%. The trend over the past ten years shows a stable 1 to 10 ratio between the two: the wood industry is registering USD1,000bn in output while the construction sector is registering USD10,000bn. In 2018, the pace of growth will increase. Construction is set to expand by +3.6% and wood by +4.0%.