Eye On Housing
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 a list of price increases… Read More ›
The price of softwood lumber rose by 2.3% in December, while prices paid for ready-mix concrete, gypsum products, and OSB all fell, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Ready-mix concrete, gypsum products and OSB prices fell by 0.1%, 0.2%, and 1.3%, respectively. The 2.3% increase in the softwood lumber price index… Read More ›
For the second time in three months, the Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged from the prior month’s reading. Once again, energy prices weighed on topline CPI as the energy index fell for the third month in a row, contracting 1.4% from May 2012 and 3.9% versus June 2011. Gasoline prices fell throughout the month of… Read More ›
Today’s release for the Consumer Price Index for All Urban Consumers (CPI-U) showed a 0.3% decline between April and May 2012. The energy index accounted for most of the drag on topline CPI last month, falling an additional 4.3% after a 1.7% drop in April. The latest decline represented the largest percentage contraction in the energy index since December 2008—a… Read More ›