Eye On Housing
The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for July. Producer prices for finished goods were flat in July after rising 0.8% in June and 0.5% in May. Excluding food and energy, the core index continued its recent stability rising 0.1%. A 0.2% monthly decline in energy prices and flat food prices held the headline index flat… Read More ›
Tag Archive for ‘Building Materials’
Building Material Price Growth Slows
After a period of significant increases, the growth in the prices of building materials has slowed according to June Producer Price data from the Bureau of Labor Statistics (BLS). Year-over-year growth in gypsum prices slowed by 3.8 percentage points to 15.6%. Annual softwood lumber price growth decelerated by 8.7 percentage points to 8.0%. And Oriented Strand Board (OSB) prices grew… Read More ›
Builders and Lumber Dealers Both Report Shortages of Key Materials
The home building industry is facing emerging shortages of key building materials like lumber and wall board, according to surveys conducted by the National Association of Home Builders (NAHB) and National Lumber and Building Material Dealers Association (NLBMDA) in May. Among builders, the highest incidence of shortages was for oriented strand board (OSB), with 22 percent of builders reporting shortages,… Read More ›
Producer Prices in April – Builders May Get Relief on Wood Products Prices
The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for April. Overall, producer prices declined for a second month based on continuing declines in energy prices, but the sharp price increases for the building materials framing lumber and OSB may be nearing an end. The PPI for finished goods declined 0.7% in April from March (seasonally adjusted)… Read More ›
Producer Prices in March – Building Materials Prices Approaching Housing Boom Highs
The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for March. Overall producer price increases have been relatively modest but prices for some building materials have soared in the last year. The PPI for finished goods decreased 0.6% in March from February (seasonally adjusted) based on declines in energy prices, and prices are up 1.1% from one… Read More ›
Producer Prices in February – Building Materials Prices Continue to Outpace the Rest
The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for February. Energy prices, rising 3.0% based largely on gasoline prices, pushed the overall index up 0.7%. Food prices declined 0.5% while the core price index (i.e., excluding food and energy) was stable, rising 0.2% since last month. While overall producer prices have been relatively stable, the prices… Read More ›
Producer Prices in October – A Modest Decline As Energy Turns Down
The Bureau of Labor Statistics (BLS) has released the Producer Price Indexes (PPI) for October. Producer prices continued the recent pattern of following energy prices. The PPI for finished goods declined by 0.2% in October from September while the index for energy goods declined by 0.5%. The core index which excludes food and energy declined by 0.2%. Turning to the… Read More ›
Buying Products for Home Building and Remodeling: Who and Where
In a recent article, NAHB asked who is most often responsible for choosing everything from wood products to electrical and plumbing fixtures, finishing materials, siding, windows and doors, and other items that go into a new home or home renovation. Then, the surveys went one step further and asked, regardless of who chooses these products, where are they generally purchased? Perhaps not surprisingly, the… Read More ›
Producer Prices in September – Stable Core, Volatile Energy, Some Building Materials Inflation
The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for September on Friday. The PPI for finished goods increased 1.1% from August on a seasonally adjusted basis, driven mainly by a 4.7% increase in prices for finished energy goods. Prices for finished food goods rose at a 0.2% annual rate while the core index (i.e., finished goods… Read More ›
Producer Prices in April – Mixed
The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for April today. Overall, the PPI for finished goods declined 0.2 percent from March on a seasonally adjusted basis, as a 1.4 percent decline in energy prices outpaced 0.2 percent gains in both food goods and the core index (i.e., finished goods less food and energy). In a… Read More ›