The Bureau of Labor Statistics (BLS) reported that the seasonally adjusted (SA) Producer Price Index (PPI) for materials and components used in construction was unchanged in January after rising 0.1% in December. The index was up 3.1% on a ...
Tags: News Update, Market View, Construction Material, Price
US house completions reached an estimated 583, 900 units in 2011, 10.4% below the 2010 total (651, 700). The latest figures from the US Census Bureau also show that estimated housing starts in 2011 were up 3.4% to 606, 900 units, while the ...
Tags: market view, housing
In this edition of my column I would like to put lumber into the spotlight. A commodity like oil is a good indicator of the state of the economy, but perhaps the price developments of random length lumber futures can give us also a clue as ...
Tags: industry trends, lumber, economic upturn
Lumber prices have taken an unseasonal price spike as U.S.Wholesalers and retailers start buying well ahead of the expected construction season next year. Spurred by low inventories, strong apartment construction and a surprise jump in ...
Tags: market view, lumber, price