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Nominal lumber sizes are your common names that we all know like 1×2, 2×4, 1×3. The nominal dimensions are the size of the board before it is ran through the planer, squared to size and kiln dried.
When wood is cut down, trimmed to size, squared off and dried out you will always have shrinkage. As the years have gone by our process of creating lumber has gotten more consistent. Making it easier for big box stores to sell lumber that is consistent in size.
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