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There Could Be Higher Lumber Prices


Longtime Central Oregon builder Dennis Luke says the construction industry usually leads Central Oregon out of a recession. He says one challenge we may see is high lumber prices; that's because many of our Oregon mills have big contracts with China and Japan, so there may be a squeeze on supply if the local building industry heats up again. "Which is good for the mills because they're able to run and keep things going. But the question becomes if construction really starts to pick up here in the U.S., will the mills be able to service both contracts and so that could be a challenge and something we'll have to face." Luke was a Deschutes County Commissioner, State Representative and was in Central Oregon during the big recession of the late 80’s and early 90’s.

 

 

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