U.S. Forest Products Stock Index Declines 41 Percent Year-Over-Year

According to the Fibre Box Association, box shipments fell 14.4 percent in November from a year earlier, while containerboard consumption was down 15.3 percent. For 2009, U.S. box shipments are estimated to drop by more than 3.5 percent.

The recently launched U.S. Forest Products Stock Index by Forestweb is a comprehensive index containing the stocks of all publicly held forest products-related companies headquartered in the United States that trade on the New York Stock Exchange. The index is calculated using a market capitalization approach similar to the S&P 500 and is updated every 10 minutes to reflect the price movement of significant sector participants. The Forestweb iiStock Index is available at no charge and e-mailed each day at the close of the market to registered users. To sign up, visit http://my.forestweb.com/iiStockIndex