From national economic trends to housing demand, lumber supply and global trade shifts, many economic forces are shaping the U.S. forest products industry. In a recent Farm Credit East webinar, Paul Jannke, of Forest Economic Advisors, provided an economic forecast pointing to a year of stability, modest growth and continued adjustment across the forest products sector. The following are the key insights from the webinar.
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In this update, we share key 2026 changes to New York’s Farm Employer Overtime Credit, including expanded eligible overtime hours, shifting thresholds, and new certification requirements for all farm employers. We also highlight reminders on payroll adjustments and advance payment options to help farmers stay compliant and prepared for the season ahead.
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2023 was a challenging year for wood products markets. Rising interest rates hampered demand while capacity ramped up across the south. Paul Jannke, a forest industry expert with Forest Economic Advisors (FEA), recently presented his perspective on the region’s forest product markets and economic outlook.
April 26, 2024
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