NAHB: Building material prices up 19% year-over-year | Woodworking Network

Econ & Housing

According to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics, the prices of goods used in residential construction ex-energy (not seasonally adjusted) climbed 0.5% in April, following upwardly revised increases of 1.9% and 2.4% in March and February, respectively. This adds up to an 4.9% increase in building materials prices since…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

A History-Making Hurricane Brings High Flash Flood Risk to More Than 7.2 Million Homes in Florida
B.C. housing plan great ‘in theory’ but questions linger: Experts
For India, Adaptation and Finance More Urgent Than Ever
Governor Newsom Issues Legislative Update 9.29.22 | California Governor
In this economy, should you hire or hold tight?