Prices paid for inputs to residential construction (+0.7%), softwood lumber (+2.3%), gypsum products (0.4%), and OSB (+15.3%) all increased in November, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Since January 2017, the price paid for every major input to construction NAHB tracks has increased. The following is…
The price of OSB fell 1.0% in October, in contrast to prices paid for softwood lumber (+2.3%), gypsum products (+0.3%) and ready-mix concrete (+0.2%), which all increased. In addition, the price index measuring inputs to residential construction rose 0.1% in October, according to the latest Producer Price Index (PPI) release by the Bureau of Labor…
The residential sector accounts for less than 8 percent of water used in the U.S., according to a recent study published by NAHB. The recent NAHB study draws on information published by the U.S. Geological Survey (USGS). The USGS compiles data on water use every five years. The latest numbers (from 2010) were published in 2014. The USGS labels water used by residences…
The 2016 American Community Survey data shows that New Jersey still leads the nation with the highest average annual real estate tax (RET) bill of $8,374—$7,707 more than RETs paid by Alabama’s homeowners. The difference between the highest-taxed state (New Jersey) and lowest (Alabama) grew by $481 in 2016. The overall distribution remained roughly unchanged…
The softwood lumber trade dispute between the U.S. and Canada has sent prices significantly higher in the first seven months of 2017. The Random Lengths Composite Price—a weighted-average measure consisting of multiple species and dimensions of softwood lumber products—increased 14% over just three weeks in February. Certain framing lumber—such as spruce-pine-fir (S-P-F) studs—remains 40% more…
Specialty contractors structured as partnerships generated aggregate net income of $4.5 billion in 2014, according to the most recent IRS data available.[1] These data are broken out by industry and income tax deductions, allowing us to compare the use of tax deductions by partnerships across a wide array of sectors. Analyzing the size of depreciation…
