In Q3, the SLB advanced key investments tied to its new strategic plan, focusing on segments where wood already wins: in 1- to 8-story multifamily and commercial projects, along with emerging opportunities in education construction and the industrial sector. Programs streamlined project assistance, accelerated post-secondary wood design education, continued wood-friendly code support, and targeted high-opportunity cities. Early results show faster conversions, a strong project pipeline, and a scalable growth model for future quarters.
2025
REPORT
Scroll down to hear from industry leaders on the SLB’s impact.
Industry Voices
Lumber industry leaders are speaking out about the SLB’s impact.
Their message is clear: The industry needs this work now more than ever.
Click below to see each video.

Q3 HIGHLIGHTS

Tackling the Demand Challenge
Steel Structure With
Mass Timber Walls
Steel Post and Beam
With CLT Decking
Mass Timber
With CLT Decking
Light-Frame
With CLT Decking
Light-Frame
Hover below to see the opportunity in each structure type.
The SLB's "Niche to Mainstream" strategy for growth targets a diverse mix of lumber products and structural systems.
Representing
of Construction
MM
SF
49
Projects Influenced YTD
1,142
Q3 ENVIRONMENTAL IMPACT FROM INCREASING LUMBER USE
Hybrid Light-Frame
& Mass Timber
%
Mass Timber
%
Light-Frame
%
Which Equals a Total Carbon Benefit of

890,000

Metric Tons of CO2
Metric Tons of CO2 Avoided

610,000

Metric Tons of CO2 Stored

280,000

Q3 INCREMENTAL LUMBER DEMAND GENERATED
MILLION
BOARD FEET OF INCREMENTAL DEMAND.
396
1,149 MM BF toward
the 1,510 MM BF
2025 goal.

Mercer Court | Ankrom Moisan Architects |
Rendering Credit: WG Clark Construction

Since 2015, SLB-funded programs have converted 2,300 multifamily projects and 1,500 nonresidential projects to lumber. Each $100 invested by the SLB leverages an additional $96 in outside funding from partners such as the USDA Forest Service, multiplying returns and extending market impact.

A newly approved strategic plan builds on this momentum by sharpening
focus where results are proven: project conversion (WoodWorks), interest in specification (Think Wood), building code support (AWC), and education initiatives shaping the next generation of architects, engineers, and contractors. The SLB’s Accelerator Cities program—expanding from Boston, New York, and Georgia to Portland, Oregon, and Santa Monica, California—has directly supported more than 40 innovative wood projects, with additional cities slated for 2026.

By investing through the SLB, the industry strengthens its market position today and secures new demand for the future. Read more.

With single-family housing down 4.9% year to date, softwood lumber producers face renewed pressure from both market volatility and competition from steel, concrete, and composites. The SLB remains an essential player in stabilizing demand and expanding the industry’s reach into multifamily and nonresidential markets.

“Our industry is facing a demand problem,” says Ashlee Cribb, Vice President of the Wood Products Division for PotlatchDeltic and Second Vice Chair of the SLB. “Investments made through the SLB are critical to broadening and expanding
the markets for our products.”

Ashlee Cribb
Vice President, Wood Products Division, PotlatchDeltic
Second Vice Chair, SLB Board of Directors

The SLB Delivers Measurable Growth
in a Shifting Construction Market

Jump to these stories.

Want to read more SLB stories?


BuildFest 2025 | Flux

Photo Credit: Breyden Anderson

SLB Education seeks to change the way we build by instilling practitioners, institutions, educators, and emerging professionals with knowledge of and preference for wood building solutions.


BuildFest 2025 | Peace Pavillion

Photo Credit: Breyden Anderson

= Total Market
= Target Market Share
= Current Market Share
Market Share in Residential Segment
57%
65%
Multifamily 5-8
87%
95%
Multifamily 1-4
The SLB’s Strategic Plan
to Grow Light-Frame by 1.4 BBF Annually

The SLB’s new strategic plan aims to generate 2.9 BBF in new annual lumber demand by 2035, with nearly 1.4 BBF (~47%) expected to come from light-frame construction, led by multifamily housing. The fastest path to volume is clear: Focus on the “missing middle”—housing that fills the gap between single-family and high-rises—along with affordable and attainable projects where light-frame already wins on cost, speed, and scalability.

The strategy builds on proven gains, sharpening SLB-funded programs—
the AWC, Think Wood, WoodWorks, and Education—to convert more 1 to
8- story multifamily projects by cross-promoting the well-established value propositions of light-frame and hybrid light-frame/mass timber systems. Priority actions include accelerating code adoption, expanding technical project support, and scaling outreach in regions with the largest opportunity for growth.

For developers, the business case is compelling: Shorter construction
time reduce financing costs, faster lease-up accelerates cash flow,
and hybrid systems (such as light-frame interiors with mass timber floors or cores) deliver performance and design flexibility without inflating budgets. These advantages boost net operating income while reducing delivery risk, playing a key factor in a tighter lending environment.

By concentrating investment where light-frame’s advantages are already proven and adoption can scale quickly, the SLB is positioning lumber for sustained, repeatable annual growth of 1.4 BBF from light-frame construction alone. See the SLB's strategy.


Williams College Davis Center | Leers Weinzapfel Associates |

Photo Credit: Albert Vecerka Photographs

WoodWorks is the AEC+D community’s go-to resource for commercial and multifamily woodbuilding design, engineering, and construction. It works to support AEC+D professionals with free one-on-one project assistance, continuing education, design tools, and on-demand resources, with the goal of converting more projects to wood.


Williams College Davis Center | Leers Weinzapfel Associates |

Photo Credit: Albert Vecerka Photographs

This Portland, Oregon, project includes two four-story towers built with acoustic dowel-laminated timber floors and glulam beams and columns.

Cleveland High School

SLB-Funded Mass Timber Competition
Expands Momentum for Lumber in K-12 Schools

The SLB and the USDA Forest Service have announced the winners of the 2025 Mass Timber Competition: Building Sustainable Schools, awarding $1.8 million to projects that showcase how mass timber can transform K-12 educational design. Now in its third cycle, the competition continues to expand lumber’s market share in the high-volume, high-visibility sector of public education.

The winning schools—from Oregon to Washington, D.C.—demonstrate mass timber’s ability to deliver measurable benefits: improved student focus, occupant well-being, faster construction timelines, and reduced carbon impact. For investors, the K-12 segment represents one of the most scalable opportunities for growth. The selected designs represent repeatable, code-compliant models that can be replicated nationwide.

By integrating biophilic design and sustainable materials, these projects model how wood construction can outperform conventional systems in cost-efficiency, durability, and community impact. Each project will share performance data and design insights to accelerate adoption across school districts. Through the Mass Timber Competition, the SLB is not just funding design innovation—it’s also expanding demand for softwood lumber in an essential market segment that builds both communities and long-term industry value.

The Mass Timber Competition is another example of the SLB’s alliance with the USDA Forest Service to unlock innovation across the building sector. Since formalizing their collaboration through a memorandum of understanding in 2015, the SLB and Forest Service have co-invested nearly $100 million in programs and competitions that expand markets for softwood lumber and position it as a sustainable building solution. These initiatives are unlocking innovation, removing barriers, and driving measurable growth in market share.


CLT House | nArchitects |
Photo Credit: Michael Moran 

Think Wood is a communications and education campaign that provides commercial, multifamily, and single-family home design and build resources to architects, developers, and contractors.


CLT House | nArchitects |
Photo Credit: Michael Moran 

WoodWorks works directly with design and construction teams to support and influence projects, converting 2,525 projects to wood from 2019 to 2024. Together with the AWC, Think Wood, and SLB Education, the SLB’s programs are the engine that drives demand growth for the lumber industry.

391

30

97

264

470

28

130

312

465

31

91

343

448

16

80

352

400

24

73

303

351

18

56

277

National Project Conversions

1.59

1.90

2.00

1.85

1.62

1.45

BBF

SLB Programs Critical for the
Lumber Industry’s Continuing Growth

This unified strategy supports the SLB’s goal of capturing 2.9 BBF in incremental annual lumber demand by 2035—building on a proven track record of 16.4 BBF in new demand and a $44 return for every $1 invested. Together, these programs ensure lumber’s ongoing leadership in sustainable, high-performance construction and position the industry
for continued long-term growth. Read More.

The SLB’s programs are uniquely focused on resilient, strategic growth for the softwood lumber industry—adapting and pivoting as market conditions shift. As the majority funder of the AWC and WoodWorks and the primary funder of Think Wood and SLB Education, the SLB provides the structure, coordination, and investment needed to keep lumber advancing across every sector of the built environment.

Together, these programs form a powerful ecosystem: The AWC protects and expands wood’s place in building codes and standards; WoodWorks converts real-world projects and trains builders and engineers; Think Wood drives awareness and preference among project teams; and SLB Education fosters early adoption through engagement with students and faculty.

Jackson Hole History Museum | HGA
Photo Credit: Albert Vecerka

The AWC is the nation’s leading technical authority and advocate for the sustainable wood building products industry in the codes, standards, and sustainability arenas.

Jackson Hole History Museum | HGA
Photo Credit: Albert Vecerka

If you have any questions about any SLB reports, please email info@softwoodlumberboard.org.

Q3 2025 Report
Download the SLB
The Softwood Lumber Board (SLB) is an industry-funded initiative established to promote the benefits and uses of softwood lumber products in outdoor, residential, and nonresidential construction. Programs and initiatives supported by the SLB focus on increasing the demand for appearance and softwood lumber products in the United States.
In Q3, the SLB advanced key investments tied to its new strategic plan, focusing on segments where wood already wins: in 1- to 8-story multifamily and commercial projects, along with emerging opportunities in education construction and the industrial sector. Programs streamlined project assistance, accelerated post-secondary wood design education, continued wood-friendly code support, and targeted high-opportunity cities. Early results show faster conversions, a strong project pipeline, and a scalable growth model for future quarters.
REPORT
2025
Click below to see each video.
Lumber industry leaders are speaking out about the SLB’s impact.
Their message is clear: The industry needs this work now more than ever.
Industry Voices
Steel Structure With
Mass Timber Walls
Steel Post and Beam
With CLT Decking
Mass Timber
With CLT Decking
Light-Frame
With CLT Decking
Light-Frame
67%
Light-Frame
24%
Mass Timber
9%
Hybrid Light-Frame
& Mass Timber
1,149 MM BF toward
the 1,510 MM BF
2025 goal.
BOARD FEET OF INCREMENTAL
DEMAND.
MILLION
396
Click below to see the opportunity
in each structure type.
The SLB's "Niche to Mainstream" strategy for growth targets a diverse mix of lumber products and structural systems.
Tackling the Demand Challenge
Which Equals a Total Carbon Benefit of
Metric Tons of CO2
890,000
Metric Tons of CO2 Stored
280,000
Q3 ENVIRONMENTAL IMPACT FROM INCREASING LUMBER USE
Metric Tons of CO2 Avoided
610,000
Q3 INCREMENTAL LUMBER DEMAND GENERATED

Q3 HIGHLIGHTS

Representing
of Construction
MM
SF
49
Projects
Influenced YTD
1,142

Ashlee Cribb
Vice President, Wood Products Division, PotlatchDeltic | Second Vice Chair, SLB Board
of Directors

Want to read more SLB stories?

Jump to these stories.

Mercer Court | Ankrom Moisan Architects |
Rendering Credit: WG Clark Construction

Since 2015, SLB-funded programs have converted 2,300 multifamily projects and 1,500 nonresidential projects to lumber. Each $100 invested by the SLB leverages an additional $96 in outside funding from partners such as the USDA Forest Service, multiplying returns and extending market impact.

A newly approved strategic plan builds on this momentum by sharpening focus where results are proven: project conversion (WoodWorks), interest in specification (Think Wood), building code support (AWC), and education initiatives shaping the next generation of architects, engineers, and contractors. The SLB’s Accelerator Cities program—expanding from Boston, New York, and Georgia to Portland, Oregon, and Santa Monica, California—has directly supported more than 40 innovative wood projects, with additional cities slated
for 2026.

By investing through the SLB, the industry strengthens its market position today and secures new demand for the future.
Read more.

With single-family housing down 4.9% year-to-date, softwood lumber producers face renewed pressure from both market volatility and competition from steel, concrete, and composites. The SLB remains an essential player in stabilizing demand and expanding the industry’s reach into multifamily and nonresidential markets.

“Our industry is facing a demand problem,” says Ashlee Cribb, Vice President of the Wood Products Division for PotlatchDeltic and Second Vice Chair of the SLB. “Investments made through the SLB are critical to broadening and expanding the markets
for our products.”

The SLB Delivers Measurable Growth
in a Shifting Construction Market

BuildFest 2025 | Peace Pavillion | Photo Credit: Breyden Anderson

STORIES
ABOUT SLB EDUCATION
SLB Education seeks to change the way we build by instilling practitioners, institutions, educators, and emerging professionals with knowledge of and preference for wood building solutions.
= Total Market
= Target Market Share
= Current Market Share
57%
65%
Multifamily 5-8
87%
95%
Multifamily 1-4
Market Share in Residential Segment

The SLB’s new strategic plan aims to generate 2.9 BBF in new annual lumber demand by 2035, with nearly 1.4 BBF (~47%) expected to come from light-frame construction, led by multifamily housing. The fastest path to volume is clear: Focus on the “missing middle”—housing that fills the gap between single-family and high-rises—along with affordable and attainable projects where light-frame already wins on cost, speed, and scalability.

The strategy builds on proven gains, sharpening SLB-funded programs—the AWC, Think Wood, WoodWorks, and Education—to convert more 1 to 8- story multifamily projects by cross-promoting the well-established value propositions of light-frame and hybrid light-frame/mass timber systems. Priority actions include accelerating code adoption, expanding technical project support, and scaling outreach in regions with the largest opportunity for growth.

For developers, the business case is compelling: Shorter construction time reduce financing costs, faster lease-up accelerates cash flow, and hybrid systems (such as light-frame interiors with mass timber floors or cores) deliver performance and design flexibility without inflating budgets. These advantages boost net operating income while reducing delivery risk, playing a key factor in a tighter lending environment.

By concentrating investment where light-frame’s advantages are already proven and adoption can scale quickly, the SLB is positioning lumber for sustained, repeatable annual growth of 1.4 BBF from light-frame construction alone. See the SLB's strategy.

The SLB’s Strategic Plan
to Grow Light-Frame by 1.4 BBF Annually

Williams College Davis Center | Leers Weinzapfel Associates |
Photo Credit: Albert Vecerka Photographs

STORIES
ABOUT WOODWORKS
WoodWorks is the AEC+D community’s go-to resource for commercial and multifamily woodbuilding design, engineering, and construction. It works to support AEC+D professionals with free one-on-one project assistance, continuing education, design tools, and on-demand resources, with the goal of converting more projects to wood.

This Portland, Oregon, project includes two four-story towers built with acoustic dowel-laminated timber floors and glulam beams and columns.

Cleveland High School

The SLB and the USDA Forest Service have announced the winners of the 2025 Mass Timber Competition: Building Sustainable Schools, awarding $1.8 million to projects that showcase how mass timber can transform K-12 educational design. Now in its third cycle, the competition continues to expand lumber’s market share in the high-volume, high-visibility sector of public education.

The winning schools—from Oregon to Washington, D.C.—demonstrate mass timber’s ability to deliver measurable benefits: improved student focus, occupant well-being, faster construction timelines, and reduced carbon impact. For investors, the K-12 segment represents one of the most scalable opportunities for growth. The selected designs represent repeatable, code-compliant models that can be replicated nationwide.

By integrating biophilic design and sustainable materials, these projects model how wood construction can outperform conventional systems in cost-efficiency, durability, and community impact. Each project will share performance data and design insights to accelerate adoption across school districts. Through the Mass Timber Competition, the SLB is not just funding design innovation—it’s also expanding demand for softwood lumber in an essential market segment that builds both communities and long-term industry value.

The Mass Timber Competition is another example of the SLB’s alliance with the USDA Forest Service to unlock innovation across the building sector. Since formalizing their collaboration through a memorandum of understanding in 2015, the SLB and Forest Service have co-invested nearly $100 million in programs and competitions that expand markets for softwood lumber and position it as a sustainable building solution. These initiatives are unlocking innovation, removing barriers, and driving measurable growth in market share.

SLB-Funded Mass Timber Competition
Expands Momentum for Lumber in K-12 Schools

CLT House | nArchitects | Photo Credit: Michael Moran

STORIES
ABOUT THINK WOOD
Think Wood is a communications and education campaign that provides commercial, multifamily,
and single-family home design and build resources to architects, developers, and contractors.

WoodWorks works directly with design and construction teams to support and influence projects, converting 2,525 projects to wood from 2019 to 2024. Together with the AWC, Think Wood, and SLB Education, the SLB’s programs are the engine that drives demand growth for the lumber industry.

The SLB’s programs are uniquely focused on resilient, strategic growth for the softwood lumber industry—adapting and pivoting as market conditions shift. As the majority funder of the AWC and WoodWorks and the primary funder of Think Wood and SLB Education, the SLB provides the structure, coordination, and investment needed to keep lumber advancing across every sector of the built environment.

Together, these programs form a powerful ecosystem: The AWC protects and expands wood’s place in building codes and standards; WoodWorks converts real-world projects and trains builders and engineers; Think Wood drives awareness and preference among project teams; and SLB Education fosters early adoption through engagement with students and faculty.

This unified strategy supports the SLB’s goal of capturing 2.9 BBF in incremental annual lumber demand by 2035—building on a proven track record of 16.4 BBF in new demand and a $44 return for every $1 invested. Together, these programs ensure lumber’s ongoing leadership in sustainable, high-performance construction and position the industry for continued long-term growth. Read more.

SLB Programs
Critical for the
Lumber Industry’s Continuing Growth

Jackson Hole History Museum | HGA | Photo Credit: Albert Vecerka

STORIES
ABOUT AMERICAN WOOD COUNCIL
The AWC is the nation’s leading technical authority and advocate for the sustainable wood building products industry in the codes, standards, and sustainability arenas.
Other ReportS
2024 annual report
2023 annual report
2022 annual report
Q3 2025 Report
Download the SLB

If you have any questions about any SLB reports, please email info@softwoodlumberboard.org.

Access Past Reports
2025 Quarterly Report
2024 Quarterly Report
The Softwood Lumber Board (SLB) is an industry-funded initiative established to promote the benefits and uses of softwood lumber products in outdoor, residential, and nonresidential construction. Programs and initiatives supported by the SLB focus on increasing the demand for appearance and softwood lumber products in the United States.