NEWS

The Biden administration will invest nearly $34 million from the Bipartisan Infrastructure Law into strengthening the wood products industry. “Healthy forests depend on a healthy forest products industry . . . it is more important than ever to invest in sustainable forest management across all lands,” said Agriculture Secretary Tom Vilsack.

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It was expected, but still disappointing for landowners and housing interest groups: President Biden vetoed a congressional resolution to rescind the waters of the U.S. rule change, despite bipartisan disapproval in both the House of Representatives and Senate. However, the Supreme Court may act to limit regulation under WOTUS.

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On Tuesday, May 9, at 1 pm ET, DHA will host an information session about the upcoming Hardwood Federation Congressional Fly-In. All DHA members are welcome. During the Congressional Fly-In on June 13, 14, and 15, Hardwood Federation members, including DHA leadership and members, will advocate for legislative priorities—like the farm bill—with members of Congress and their staff.

After increasing by 11% in 2022, U.S. imports of multilayered wood flooring through February are down by more than 27% in volume vs. the same period last year. The value of imports from nearly all countries declined, with one notable exception: the volume of imports from Vietnam remained the same. 

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Last year, U.S. imports of hardwood plywood grew by 12% in value to more than $2.1 billion. This year-to-date through February, total imports have declined by 66% in volume and 68% in value vs. the same period last year. U.S. imports from most countries are down, except for those from Canada and Ecuador.

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