Thursday, October 15, 2020

Softwood Lumber Prices Surge a Record 29% in September — Building Materials Up 4.4% in 2020

Prices paid for goods used in residential construction climbed 1.8% in September (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The index for inputs to residential construction, goods less food and energy (i.e. the "core")-a less volatile price measure-increased 2.2% over the month. The core index for building materials has... Read More › The post Softwood Lumber Prices Surge a Record 29% in September -- Building Materials Up 4.4% in 2020 first appeared on Eye On Housing ....(read more)
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