Forklifts drove across the frozen campus of Pleasant River Lumber’s sawmill in Enfield on a bitter January morning with ease, ...
Beef, coffee and produce were among the items that surged in price, inflation data showed. By Madeleine Ngo Food prices climbed sharply in December, providing little relief to consumers at the grocery ...
Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...
SPOKANE VALLEY, Wash. — Local lumber manufacturers are optimistic that a new 10% tariff on Canadian lumber will help stabilize prices and revive domestic production. The tariff, implemented by the ...
Another day, another tariff announcement from the White House. This time, it’s a 10% import tax on softwood lumber and timber. It’ll go into effect mid-October, at the same time as the 25% tariffs ...
During the pandemic when low mortgage rates dropped to 3% and prompted a strong demand for building, the framing lumber composite price per 1,000 board feet rose from $400 in 2019 to $1,400 in 2021 ...
Lumber prices are so weak that Beckerle Lumber, a New York-based retailer, can now get next-day deliveries from its distributor at a lower cost than its usual bulk orders from mills, which take weeks ...
When the Trump administration more than doubled import fees on Canadian softwood lumber earlier this year, the goal was to support domestic prices and boost U.S. production. Instead, prices have ...
Falling lumber prices suggest there is trouble ahead for the struggling U.S. housing market, as builders scale back new construction because of a recent inventory glut and growing economic uncertainty ...
Construction costs nationally rose 2.7% in the second quarter of this year as commodities, including lumber and copper, grew more expensive, according to a national cost index. Costs rose 5.4% ...
Lumber futures hit their highest price in three years Friday despite a home-building slump and a lackluster remodeling market. Though wood demand is tepid, traders are pricing in dramatically higher ...
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