Rising Softwood Lumber Costs Lead Building Materials Prices Higher in June

Prices paid for goods used in residential construction increased 1.9% in June (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. It is the second consecutive monthly increase since the index declined three months straight by a total 5.4%. The index has decreased 3.0% year-to-date (YTD), five times the magnitude … Continue reading Rising Softwood Lumber Costs Lead Building Materials Prices Higher in June