Tag Archive for ‘Building Materials’

Prices of Building Materials Decline

Prices received for four key building materials (prior to sales to consumers)—softwood lumber, OSB, gypsum products, and ready-mix concrete—all fell in October according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. OSB prices declined 0.5% in October, ending a 7-month trend that had made the commodity the most expensive it had been in over… Read More ›

Key Building Materials Remain Stubbornly Expensive

Inflation in prices received for building materials (prior to sales to consumers) was mixed in September according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Although their monthly changes were relatively modest, the prices of OSB and ready-mix concrete have been trending upward for quite some time and remain at historically high levels. OSB… Read More ›

Building Materials Prices Continue to Climb

Inflation in prices received by producers (prior to sales to consumers) held steady in August after a striking 0.4% decline in July.  The flat reading was the result of a 0.1% increase in prices for services combined with a 0.4% drop in goods prices, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics (more weight is… Read More ›

Producer Prices Surprise in July

Contrary to economists’ expectations of a small gain, inflation in prices received by producers (prior to sales to consumers) fell 0.4% in July, nearly erasing June’s 0.5% increase. According to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics, the decline was a result of nearly identical drops in prices of services and goods of 0.3%… Read More ›

Producer Price Index Posts Broad-Based Gains

Inflation in prices received by producers (prior to sales to consumers) increased 0.5% in June according to the latest Producer Price Index release by the Bureau of Labor Statistics.  The increase was driven by a 0.4% increase in the price of services, while the final demand index for goods rose 0.8% (the price of services is weighted roughly double the… Read More ›

Vinyl is the Most Widely Used Exterior On New Homes

According to data from the Census Bureau’s Survey of Construction (SOC), vinyl (including vinyl-covered aluminum) was the most common principal siding material on new single-family homes started in 2015 (27 percent), followed by stucco (25 percent), brick or brick veneer (22 percent each), and fiber cement siding (such as Hardiplank or Hardiboard) (19 percent). Wood or wood products accounted for… Read More ›

Prices of Building Materials Increases in April, Like Most Goods

Inflation in prices received by producers (prior to sales to consumers) rose 0.2% in April according to the latest Producer Price Index release by the Bureau of Labor Statistics.  The gains were broad-based as the prices for goods and services which posted increases of 0.2% and 0.1%, respectively. Prices for goods advanced 0.2% as declines in prices for trade, transportation,… Read More ›

Producer Prices in March – Energy Up, Services Down

The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for March. Inflation in prices received by producers (prior to sales to consumers) declined 0.1% in March based on declining prices in the service sector. In contrast, prices for goods rose 0.2% driven largely by a 1.8% increase in energy goods. The price index for goods less food… Read More ›

Producer Prices in January – Energy Down (again), Services Flat

The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for February. Inflation in prices received by producers (prior to sales to consumers) fell 0.2% in February based on declining energy prices. Prices for services were unchanged while prices for goods declined 0.6%. Excluding food and energy, prices for goods rose 0.1%. Softwood lumber prices trended down modestly… Read More ›

Producer Prices in January – Services Up, Energy Down

The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for January. Inflation in prices received by producers (prior to sales to consumers) increased 0.1% in January based on increased prices for services. Prices received by producers for goods declined 0.7% based on another large decline in energy prices. Excluding food and energy, prices for goods rose 0.2%. Softwood… Read More ›