LMA shatters traditions

trend, lumber supply increasing, short temr interest rates up l-ll2%o la27o in '95, with single family housing starts declining from the 1.3 million seasonally adjusted pace of 1993 to 1 million in 1995.

"California will be lucky to stay at its current starts rate of 100,000 single family units," Michaelis said. He foresees North American lumber demand declining 57o in 1995.

Inspirational speaker Donna Hartley, Hartley International, spoke on how !o balance personal and pro- fessional skills to make it in the '90s.

Two roundtable discussions involving dealers and wholesale associate members rounded out the program.

Despite the state's recession, LMA remains in good financial shape and has acquired neady 30 new members. During a business session they selected a name for the previously unnamed newsletten "The Lumber Log."

The meeting was held at the Embassy Suites Resort, Lake Tahoe, Ca., Nov.3-5.