As if construction projects haven't been plagued with enough problems this year, it seems that lumber prices are headed skyward yet again. According to the Bureau of Labor Statistics Producer Price ...
Let’s keep this simple: lumber and steel are two of the biggest drivers of flatbed freight in this country. If people are building houses, warehouses, retail centers, data centers, transmission lines, ...
In just one year, the price of lumber has increased a whopping 377%. A boom in home renovations, combined with an increase in disposable income stemming from the coronavirus pandemic, caused prolonged ...
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Why the US and Canada Are at Loggerheads Over Lumber
(Bloomberg) -- The US and Canada are fighting about lumber once again. The neighbors have feuded over “softwood” lumber from fast-growing coniferous trees since the 1980s. The US has periodically put ...
Kyle Little, Sherwood Lumber's chief operating officer, argued on "Mornings with Maria" on Tuesday that the price of lumber was pushed to an "unsustainable price point and now we're seeing a little ...
The price of lumber impacts many industries, from construction to transportation. When the real estate market cools down, fewer people spend money on home improvements and home construction, which ...
Amid surging lumber prices that are already adding an average of $36,000 to the construction cost of new homes, the Biden administration is moving forward with plans to double tariffs on lumber ...
The global demand for lumber has skyrocketed since the world went into lockdown. Consider this stat: Lumber prices have risen by 130 percent since before the COVID-19 pandemic, which makes for an ...
Last year, lumber turned into the surprise superstar of the U.S. economy when it briefly outperformed bitcoin, gold, and the S&P 500 to become “the hottest commodity on the planet.” To learn more, I ...
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