SPOKANE VALLEY, Wash. — Local lumber manufacturers are optimistic that a new 10% tariff on Canadian lumber will help stabilize prices and revive domestic production. The tariff, implemented by the ...
Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...
BUFFALO, N.Y. (WKBW) — John Bossinger is the owner of Built by Boss, he handles all sorts of projects, almost all require lumber. He very much noticed the dramatic rise in lumber prices this year.
Falling lumber prices suggest there is trouble ahead for the struggling U.S. housing market, as builders scale back new construction because of a recent inventory glut and growing economic uncertainty ...
Even as mills ramp up production to meet wood demand, contractors are still having a difficult time sourcing the material for concrete framing, roofing and several other non-residential construction ...
The price of lumber has already bottomed, according to Ed Egilinsky of Direxion. He expects lumber to stabilize in the near term after a torrid decline. Egilinsky also shared three bullish drivers he ...
Lumber buyers placed unsuccessful bets on tariffs and interest rates Lumber prices have dropped by more than 14% from a record high in early August. Many home builders, contractors and retailers ...