Softwood Lumber Price Decline Largest in Seven Years

Softwood lumber prices fell 10.3% in October-the largest drop since May 2011-according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The producer price index for softwood lumber has fallen 21.2% since setting the cycle and all-time high in June (see below). Even after the decrease, however, the index currently sits just 4.7% lower than... Read More ›...(read more)

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