When the Trump administration more than doubled import fees on Canadian softwood lumber earlier this year, the goal was to support domestic prices and boost U.S. production. Instead, prices have ...
Lumber prices, which shed more than 20% in August, have continued to fall to start September, hitting their lowest price this year thanks to a glut of wood that was piled up ahead of a big increase in ...
Construction costs nationally rose 2.7% in the second quarter of this year as commodities, including lumber and copper, grew more expensive, according to a national cost index. Costs rose 5.4% ...
Lumber futures fell again Wednesday, dropping to their lowest prices since last autumn, before higher duties on Canadian imports and the threat of tariffs sent them soaring. Futures for September ...
Editor’s note: This article, distributed by The Associated Press, was originally published on The Conversation website. The Conversation is an independent and nonprofit source of news, analysis and ...
Tariffs that were meant to protect domestic producers are now ricocheting through the home improvement sector, helping to topple a regional rival to Home Depot just as lumber prices jump 14.5%. The ...
Lumber prices drive profitability – The performance of lumber stocks is heavily tied to lumber prices, which are influenced by housing demand, interest rates, and supply chain disruptions.
Wood prices have plunged 23% since early August and lumber mills are cutting back due to a building slump and uncertainty over tariffs, in a signal of potential problems in the U.S. economy, The Wall ...