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September 1, 2001 News Release: September 2001 Pending Issues Resource Economics LLC has completed its September 2001 Pending Issues of our Timber Supply and Product Demand Service. The September 2001 pending issue contains five sections. The first is a descriptive update of the macroeconomic drivers for the US and Canada used in our December 2000 Long Term Outlook. The update includes information that was not available before the completion of our Long Term Outlook, this includes information from the 4th quarter of 2000. Comparisons are also made with the actual year-end data and our December 2000 projected year data. The second section addresses the timber supply issues facing the five South Central states (Texas, Louisiana, Mississippi, Alabama, Arkansas). In-depth inventory analysis of each state is graphically presented. Historical trends and explanations are also discussed. The third section graphically and textually presents what the five South Central individual state harvests should be in order to obtain sustainability. The fourth section provides a review of Global Douglas-fir industries. Provided by Dennis Neilson, the review looks at the supplies of Douglas-fir in North America, Europe, Southern Hemisphere, Latin America, and Japan. The fifth section compares and updates our composite product prices and log prices in our 2001 Short Term Outlook, with the year-end actual prices. Composite product prices are projected and explained quarterly for the year 2001. Available
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