Softwood Lumber Board Releases Q1 Report

The Soft Wood Lumber Board (SLB) on Monday (6-26-23) published its 2023 Q1 Report, which details the SLB, its funded programs, and their results. For the first time, the report is available as an interactive webpage that provides a high level of detail on each focus area.

The Q1 report revealed the outcome of capitalizing on strong 2022 results and making smarter investments to further impacts. According to the press release, the SLB and its funded programs continue to advance the industry’s goal of stimulating demand and expanding markets for softwood lumber.

Key highlights include the following:

• 439 MM BF of incremental demand generated; 1.1 MM metric tons of CO2 stored and avoided
• The 2023 Mass Timber Conference welcomed an estimated 3,000 delegates
• The American Wood Council launched its second year of EPD data collection
• Think Wood secured the highest ever conversion rate of Qualified Leads to new projects, at 29%
• WoodWorks directly influenced 123 projects and indirectly influenced 309 projects in Q1
• The Wood Institute saw 661 new accounts created and 1,080 courses completed, greatly exceeding 2022Q1

The full report is available at the original source.