Among materials used in residential construction, lumber and wood products ranks 3rd in terms of importance for the Inputs to New Residential Construction Index.
Lumber futures Monday rose to their highest point since August 2022, when wood prices were plunging from their pandemic peak, ...
U.S. lumber futures surged Monday to their highest since August 2022, rising as much as 3.5%, after President Trump ordered ...
The lumber and building industry is reeling from President Trump’s on-again, off-again threat to impose a 25 percent tariff ...
Overall construction input prices are 0.3% higher than one year ago, while nonresidential construction input prices are 0.1% ...
Construction goods prices grew by 1.2% year-over-year. Softwood lumber was one of the largest contributors of this growth, ...
With focus turning to increased domestic production, the Chicago Mercantile Exchange plans to launch a new lumber futures trading exchange in late March.
Lumber tariffs have been imposed, postponed, and reinstated, creating uncertainty for businesses in the industry.
On Monday, lumber prices rose to a 30-month high in anticipation of President Donald Trump's tariffs. Here's what that could ...
President Donald Trump's tariffs have caused a rise in lumber prices, which homebuilders have warned will increase ...
Tariffs on Canadian products, in effect or not, are having an impact on the American lumber industry. Fluctuating prices, ...
The president initiated an investigation that could lead to tariffs on lumber imports, nearly half of which comes from Canada ...