Tag Archive for ‘concrete’

Building Materials Prices Increase in July as Concrete Surges

The prices of building materials rose 0.4% in July (not seasonally adjusted) even as softwood lumber prices increased 2.3%, according to the latest Producer Price Index (PPI) report. Prices have surged 35.7% since January 2020, although 80% of the increase has occurred since January 2021. The PPI for goods inputs to residential construction, including energy, decreased 1.2% as the prices of… Read More ›

Lumber Price Decline, Volatility of All Building Materials Highlight June PPI

The prices of goods used in residential construction climbed 1.5% in June (not seasonally adjusted) even as softwood lumber prices fell 23%, according to the latest Producer Price Index (PPI) report. Prices have surged 41.7% since January 2020. Building materials (i.e., goods inputs to residential construction, less energy) prices have increased 4.8%, year-to-date, and are 12.2% higher than they were… Read More ›

Top Products Used in New Residential Construction

In a recent article, NAHB analysis of government data found that new single-family and multifamily construction used a total of roughly $94.93 billion in building products in 2019.  Although the vast majority of the $94.93 billion was produced domestically, supporting jobs in the U.S. manufacturing sector, about 6.4 percent ($6.12 billion) was imported from other countries.  It may seem a… Read More ›

Share of New Homes with Patios Edges Up Again

Of the roughly 876,000 single-family homes started in 2018, 59.4 percent came with patios, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau and partially funded by HUD).  This is the highest the number has been since NAHB began tracking the series in 2005.  The incidence of patios on new homes… Read More ›

OSB Price Declines Consistent with Random Lengths Data

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 Statistics. The drop in OSB… Read More ›

Prices of Softwood Lumber and OSB Decline in June

The prices of softwood lumber and OSB fell by 3.0% and 0.4%, respectively, in June according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. In contrast, prices paid for gypsum and ready-mix concrete increased 1.3% and 0.4%, respectively, over the month. The softwood lumber price index fell for the first time in seven months… Read More ›

Softwood Lumber and OSB Push Building Materials Prices Higher

For the second consecutive month, prices of softwood lumber, gypsum, ready-mix concrete, and OSB all increased, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics.  The increases were led by softwood lumber and OSB. The price of softwood lumber increased 2.3% in March after rising 4.8% in February. Softwood lumber prices have increased 7.2% over the… Read More ›