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Benchmark Softwood Lumber Price Loses Ground, Specialty Item Prices Tank
The price of benchmark construction framing dimension softwood lumber commodity Western Spruce-Pine-Fir KD 2×4 #2&Btr dropped another -$8 last week as customer reluctance to buy won over supplier stubbornness to keep prices higher. For their part, many specialty items like Douglas fir green, studs in Eastern Canada, and plywood, dropped significantly as players were better…
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North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: July 2019
The latest issue of the Western Wood Products Association’s monthly Lumber Track, for January-July 2019, shows a -0.1% decrease in US softwood lumber production volume from the same time last year, to 20,687 mmfbm. January – July softwood lumber production in Canada increased drops through most of this year, down by another -10%, to 14,720…
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Madison’s Western SPF Prices This Week: Sneak Preview
Benchmark North America construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&btr prices are mostly level into mid-October 2019. Full price list will be released tomorrow, Friday morning, by 8:30am Eastern time! Don’t miss out . . . sign up now to receive this vital and timely information directly to your desktop every…
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US Construction Job Openings: Aug 2019
The US construction sector hiring rate, as measured on a twelve-month moving average basis, held steady at 5.3% in August 2019. The twelve-month moving average for layoffs ticked up to 2.5%, continuing a rising trend in recent months. Data from the BLS Job Openings and Labor Turnover Survey (JOLTS) indicate that construction job openings increased in August.…
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US Building Materials Prices: Sept 2019
The PPI report shows that softwood lumber prices increased +3.8% in September 2019—the index’s largest percentage increase since prices rose +4.8% in June 2018. Prices have fallen -8.7% over the last 12 months but remain nearly +15% higher than they were in 2016. Prices paid for goods used in residential construction in the US decreased…
