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

Industry downtime has come swiftly. Many in the industry were concerned yet optimistic about the future as recently as Labor Day. But none could have predicted the full extent of Wall Street’s financial havoc, as witnessed by the Jan. 26 Chapter 11 bankruptcy filing by Smurfit-Stone, the second largest containerboard and corrugated producer.