Tag: Lumber

Construction Processes, Procurement

Report: Materials prices soared 20% in 2021

January 14, 2022

Via: Construction Dive

The producer price index for inputs to new nonresidential construction — the prices charged by goods producers and service providers, such as distributors and transportation firms — increased by 0.5% in December and 19.6% in 2021 as a whole, according […]

Construction Processes, Procurement

Contractors find new ways to cope with elevated lumber prices

September 16, 2021

Via: Construction Dive

U.S. commercial and residential builders breathed a sigh of relief last month when softwood lumber prices dropped more than 30% after reaching an all-time high in May. Although prices still remain elevated, they have come down to a more manageable […]

Construction Processes, Financial

Lumber prices soar due to shutdowns, higher demand

August 21, 2020

Via: Construction Dive

Several factors have led to the price jump, according to the Wall Street Journal: An increase in residential construction including do-it-yourself projects like decks. Low mortgage rates that spurred residential construction and remodeling. The construction of outdoor seating and dining […]