Tag Archive for ‘Building Materials’

Building Materials Price Declines Led by Lumber and Plywood

Prices paid for goods used in residential construction decreased by 1.1% in June (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics.  The decline broke a four-month trend of increases and was only the fifth month over the past two years in which prices fell. Over the past 12 months, building materials prices… Read More ›

How Tariffs and Tariff Announcements are Affecting Building Materials Imports from China

In July 2018, the United States Trade Representative (USTR) announced its intention to levy tariffs on a series of imports from China. USTR rolled out proposed tariffs in three waves, with the third list (List 3) covering approximately $200 billion worth of Chinese imports. The List 3 goods comprises 5745 items, approximately 450 of which are commonly used in the… Read More ›

Gypsum, OSB, and Softwood Lumber Prices Decline in January

Overall, the price of goods used in residential construction declined 0.5% in January (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. In contrast to December–when prices paid for building materials (except OSB) changed little–prices fell by an average of 2.9% in January. Prices paid for inputs to residential construction (goods)… Read More ›

OSB, Lumber, and Gypsum Lead Building Materials Prices Lower in November

Softwood lumber prices fell 3.0% in November the second consecutive decrease for the index to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. The producer price index for softwood lumber has fallen 23.6% (not seasonally adjusted) since setting cycle and all-time highs in June (see below). After the decrease, the index level is 9.6% lower… Read More ›

Softwood Lumber Price Decline Largest in Seven Years

Softwood lumber prices fell 10.3% in October—the largest drop since May 2011—according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The producer price index for softwood lumber has fallen 21.2% since setting the cycle and all-time high in June (see below). Even after the decrease, however, the index currently sits just 4.7% lower than… Read More ›

Ready-Mix Concrete, OSB Lead Price Increases in March

Building materials prices continued to climb in March, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Oriented strand board (OSB) led price increases, up 9.3% since February (not seasonally adjusted), while the indexes for ready-mix concrete (+3.3%), softwood lumber (+2.2%), structural steel (+2.0%), and gypsum products (+1.1%) also moved higher. The 9.3% increase in OSB… Read More ›

Broad-Based Price Increases Plague Building Materials in February

Prices paid for building materials increased across the board in February. The indexes for softwood lumber (+5.6%), gypsum products (+4.2%), OSB (+3.1%), ready-mix concrete (+0.4%), and inputs to residential construction less labor (+1.0%) all increased, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The percentage increase in softwood lumber prices (not seasonally adjusted)… Read More ›