Tag Archive for ‘inflation’

Have Gypsum Prices Found a New Normal?

The prices of ready-mix concrete, gypsum, and softwood lumber fell 0.2%, 3.5%, and 0.1%, respectively, in January according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics.  OSB prices ticked up 1.8%, reversing the 1.3% price decline in December. Long-term trends in gypsum and ready-mix concrete prices are in focus this month, albeit for different reasons. Gypsum… Read More ›

Consumer Price Index Rose in December

The Bureau of Labor Statistics (BLS) reported the Consumer Price Index (CPI) rose in December. Both headline inflation and core inflation rose. The CPI rose at a seasonally adjusted annual rate of 3.4% in December, following a 2.4% increase in November. Excluding the volatile food and energy components, “core” CPI increased at a seasonally adjusted annual rate of 2.8%, faster… Read More ›

OSB Prices Climb 14% in 2016

The price of softwood lumber rose by 2.3% in December, while prices paid for ready-mix concrete, gypsum products, and OSB all fell, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics.  Ready-mix concrete, gypsum products and OSB prices fell by 0.1%, 0.2%, and 1.3%, respectively. The 2.3% increase in the softwood lumber price index… Read More ›

Moderate Rise for CPI in November

The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose in November and the pace of headline consumer inflation slowed in November from 4.37% to 2.43%. The CPI rose at a seasonally adjusted annual rate of 2.43%, slowing from 4.37% in October. Excluding the volatile food and energy components, “core” CPI rose at a seasonally adjusted… Read More ›

Prices of Most Building Materials Increase in November

Prices received for three key building materials (prior to sales to consumers)— OSB, gypsum products, and ready-mix concrete—all rose in November according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics.  In contrast, softwood lumber prices continued a three-month downward trend, falling 1%. Prices received for ready-mix concrete and gypsum products increased by 1.0% and… Read More ›

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 ›

FOMC Statement: All Eyes on December

The statement released following the September meeting of the Federal Open Market Committee (FOMC) fell in line with market expectations as the committee chose to keep the federal funds rate unchanged.  The Committee’s assessment of the economy remained positive, leaving a December rate hike very much in play.  In the statement, the Committee continued its upbeat assessment of labor and economic activity…. 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 ›