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, ...
Lumber rose to an unsustainable level. Illiquid markets do crazy things, but there is sanity in the insanity. Lumber is consolidating as the winter approaches. Another rally is in the cards for the ...
The current sawmill capacity estimate is down 1.2% from the first quarter of 2025. Despite this quarterly decline, capacity is higher than a few years ago. Compared to the second quarter of 2023, the ...
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 ...
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 ...
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 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 ...
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 ...