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…

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

Articles You May Like

Stock market live news updates: Stock futures mixed ahead of holiday trading
A concrete challenge: Tel Aviv tech startup uses sensors to ensure better building
Housing market ‘balance’ could return in 2023, but interest rates the ‘wildcard’: Re/Max
New Critical Materials Taskforce to address building materials shortages
Lumber Futures – November 28, 2022