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US Construction Self-Employment Rates: Full Year 2016
According to the 2016 ACS, released Thursday, over 23% of construction workers are self-employed, while an economy-wide average does not reach 10% of the employed labor force. The high self-employment rates in construction reflect a common practice of builders and remodellers to maintain relatively small payrolls and rely on subcontractors for a large share of…
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Madison’s Announces . . . BC Coastal Log Prices: Monthly
The information tool for your forest management and investment planning decisions. Our *new* monthly log price report is tailored to provide you with vital data about prices of various species and grades of British Columbia coastal logs, for Canadian and international markets, at your fingertips in a timely manner. Order our PRE-PUBLICATION sale and be…
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US Building Materials Prices Continue Recent Increases: Feb 2018
Prices paid for building materials in the US increased across the board in February, according to the latest US Producer Price Index (PPI) release by the Bureau of Labor Statistics said the National Association of Home Builders Wednesday. The indices for softwood lumber (+5.6%), gypsum products (+4.2%), OSB (+3.1%), ready-mix concrete (+0.4%), and inputs to…
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Astonished Customers Delay Buying as Softwood Lumber Prices Remain High
Players in the recent overheated lumber market took a pause this week as benchmark WSPF KD 2×4 #2&Btr cash prices stayed flat over the previous week. The lumber futures board on the Chicago Mercantile Exchange dropped down-limit at close Thursday and continued it’s slide in active trading Friday. Sawmills were able to respond to reluctant…
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Opinions Vary on Market Conditions as Lumber Prices Rise
FURTHER TO LAST WEEK’S LUMBER MARKET COMMENT “Prices Are Elevated and Might Just Correct Downward” …. Madison’s has received, and is receiving many comments with informed opinions from operators: An astonishing increase in values of lumber futures on the Chicago Merchantile Exchange in the past week did a lot to keep upward pressure on cash…