NEWS

The now-defunct Global Plywood and Lumber Trading LLC pled guilty to violating the Lacey Act by buying illegally harvested or shipped hardwoods from three Peruvian suppliers in 2015. The company will pay $205,000 in restitution and fines alone.

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In August, China’s exports and imports were much stronger than anticipated due to vigorous demand. Customs data showed that exports rose 25.6% to $294.3 billion, an increase from July's 18.9% growth. Imports rose 33.1% to $236 billion, an increase from growth in July of 28.7%. Imports of American goods grew 33.3% to $14 billion, up again after a 25.5% gain in July.

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Decorative Hardwoods Association (formerly HPVA) eNews Volume XIV, Issue XVII: Vietnamese Plywood Will Be Covered As Chinese Product | COVID-19 Outbreak Has Huge Impact On Vietnam's Wood Industry | U.S. Hardwood Exports To India Surge | Industries Are Growing, But Companies Are Scrambling To Keep Workers

What and where is the tallest native hardwood tree in North America?

Answer:  A tulip tree or yellow poplar (Liriodendron tulipifera), 191.9 feet tall, in the Great Smoky Mountains National Park

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Chart: Real Business Fixed Investment, 2005-2021 (PDF)