Eye On Housing
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 ›
Tag Archive for ‘ppi’
Producer Prices in May – Wood Products Prices Begin Their Descent
The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for May. A 1.3% increase in energy prices and a 0.6% increase in food prices helped to push the overall producer price index for finished goods up 0.5%. Excluding food and energy, the core index rose 0.1%. As expected (Producer Prices in April – Builders May Get Relief… 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 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 November – Energy Price Declines Push Overall Prices Down – Little Relief For Home Builders
The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for November. Once again energy prices are the main driver. The PPI for finished goods declined 0.8%, led by a 4.6% decline in the energy index. Core producer prices (i.e., excluding food and energy) rose 0.1%. Historically, core prices have been relatively stable, averaging monthly increases of 0.2%,… 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 ›
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 ›
Producer Prices in March – Gypsum Continues to Rise
The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for March last week. The PPI for finished goods was unchanged from February on a seasonally adjusted basis, as a 1.0 percent decline in energy prices offset a 0.2 percent increase in food goods and a 0.3 percent increase in the core index (i.e., finished goods less food… Read More ›
Producer Prices in February – Higher Prices for Gypsum
The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for February last week (PPI). The PPI for finished goods rose 0.4 percent in February from January on a seasonally adjusted basis. Excluding food and energy, the core index for finished goods rose 0.2 percent. The monthly data can be volatile, but these growth rates are roughly in… Read More ›