Memphis, TN, June 1—-The Wood Flooring Manufacturers Association released figures showing an increase of hardwood flooring products in April of 5.57 percent.
The association reported 56.6 million in board feet shipments in April, compared to 53.62 million the month prior. April's shipments also represent a slight 0.8 percent increase from April shipments of 56.1 million board feet in the 2004 record year. It's the first time this year monthly shipment figures have surpassed their 2004 equivalents.
Year-to-date figures still linger at 4 percent less than the same period last year, at 212.8 million board feet, compared to 222.35 million for the same period last year.
According to association officials, slow-downs in production spurred by lower pricing in the first four months of 2005 have caused the industry to fall short of demand in previous months. Increased shipments in April reflect companies catching up with demand now that prices have stabilized.
