"More than 90% of American homes are built with wood frames," reports the construction education company MT Copeland. (Photo: Michael Flippo/Adobe Stock)

Wood framing is a $24 billion U.S. industry that covers the "new construction, alterations, maintenance, repairs and additions" of both residential and commercial structures like mixed-use facilities, according to research from IBISWorld.

Although recently impacted by the pandemic, labor and material shortages, supply chain issues and project delays, a 2022 ThinkWood survey found that the latest low carbon, hybrid, prefabrication, mass timber and low-cost housing trends were likely to spur the further growth of wood design and construction projects. This is mainly due to the simplicity, ease and speed associated with wood construction.

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