Tag Archive for ‘construction costs’

Price of OSB Up More Than 500% Since January 2020

Framing lumber prices garnered more attention than any other building material over the past year as prices quadrupled between April 2020 and May 2021.  But even as lumber prices decline, the spotlight on lumber continues to crowd out the story of meteoric price increases of another wood product integral to the integrity of a building’s structure—oriented strand board (OSB). The… Read More ›

Prices of Residential Construction Inputs Up 23% Year-Over-Year

Prices paid for goods used in residential construction ex-energy rose 3.6% in May (not seasonally adjusted) and have increased 16.5% over the past 12 months, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials (i.e., inputs to residential construction less food and energy) prices have declined just twice since December 2019. The index… Read More ›

Lumber Headlines Broad-Based Increases in Building Materials Prices

Prices paid for goods used in residential construction ex-energy rose 2.1% in January (not seasonally adjusted) and have increased 6.8% over the past 12 months, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials (i.e., inputs to residential construction less food and energy) prices have declined just twice since December 2019…. Read More ›

Led by Lumber, Building Materials Prices Climb 5.4% in 2020

Prices paid for goods used in residential construction ex-energy rose 0.7% in December (not seasonally adjusted) and ended the year 5.4% higher than they stood in December 2019, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials (i.e., inputs to residential construction less food and energy) prices declined just twice over the… Read More ›

Softwood Lumber Costs Up Nearly 30% Over Three Months, Push Building Materials Prices Higher in July

Prices paid for goods used in residential construction continued their upward trend in July, increasing 1.8% (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. It is the third consecutive monthly increase since the index declined three months straight by a total 5.4%. The index has decreased 1.3% year-to-date (YTD), a larger… Read More ›

Rising Softwood Lumber Costs Lead Building Materials Prices Higher in June

Prices paid for goods used in residential construction increased 1.9% in June (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. It is the second consecutive monthly increase since the index declined three months straight by a total 5.4%. The index has decreased 3.0% year-to-date (YTD), five times the magnitude… Read More ›

Building Materials Prices Move Higher in May

Prices paid for goods used in residential construction increased 0.6% in May (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. May marks only the fourth monthly increase in the past 12 months in the price index for residential construction inputs. The index has declined 4.8% year-to-date (YTD), nearly four times the… Read More ›

Building Materials Prices and Supply Chain Routes

Prices paid for goods used in residential construction decreased 0.5% in February (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. Building materials prices are just 0.6% higher than they were 12 months ago and have been remarkably stable since then, with an average monthly increase of 0.05%. In fact, the… Read More ›

Ready-Mix Concrete, Gypsum Products Lead Building Materials Prices Higher in January

Prices paid for goods used in residential construction increased 0.5% in January (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. Building materials prices have increased 2.0% over the last 12 months and by 3.3% since January 2018.  The average monthly increase since the start of 2018 has been 0.14%, with the largest… Read More ›