Lumber prices—which warned us about inflation over a year ago—are again trying to tell us something

Industry News

Lumber markets were a harbinger of big economic shifts early on in the pandemic, and today’s slumping prices could be just as telling about the economy’s future. Lumber prices hit a record $1,607 per thousand board feet in May 2021, due to soaring demand for new homes, a boom in DIY home renovation activities, and…

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