The dream in which you see the wood could show the spiritual and vital aspects of your personality. On the other hand, the wood may show the apathetic you feel in all aspects of your life. The dream may show the deep depression you are suffering from. Perhaps you should look for some advice or help in your waking life. The dreamer that was carving the wood is known as creative and imaginative person that is able to get the best from the simple things.
Read more about dreaming of Wood in other dream meanings interpretations.