Results of Logger Inflation Survey
Modeled after Maine’s Inflation Survey to gauge “real” inflation impacts to the logging industry, the national responses mirrored those found in Maine.
Average inflationary impacts for industry specific items and services found a 25% increase. (Note: there was a survey format limit for Diesel price increase that only allowed for the highest choice of 50%. The majority selected that option, but it is obviously far greater than 50%.)
By contrast, the delivered wood prices increased for only 30% of the respondents, with delivered wood prices remaining the same for 50% of the respondents and declining for 20%.
With tight profit margins the logging industry cannot absorb these increases while wood prices remain flat.
IT IS NOT SUSTAINABLE.
