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Where is Lumber Heading in 2025?The high was nearly one-third of the 2021 peak lumber price. At near the $600 level ... Fed Funds Rate by 100 basis points in 2024 and forecasts another 50 basis point cut in 2025, long-term ...
Ditto the price of siding and framing materials, according to the Seattle Post-Intelligencer. Wholesale costs of lumber have soared in the past few weeks, driven by the continuing boom in new-home ...
Lumber prices have been stable at $500 per thousand ... like plywood panels. In February 2021, the lumber producer acquired Norbord, another Canadian timber company and the world's biggest ...
which was narrow considering the price of the now delisted CME’s random-length lumber futures rose to over $1,710 in 2021 and above $1,470 per 1,000 board feet in 2022. Lumber futures suffered ...
The mere threat of tariffs being tacked onto Canadian lumber imports in the U.S. is raising fears of panic buying that could roil lumber markets and prices. “A number of Canadian lumber ...
In the last six months, average lumber prices have ranged from $475 to $625 per thousand board feet, about one-third of the peak in 2021. Donald Trump has threatened to add 25% tariffs on goods ...
Inflation has declined from a peak of 5.5% in early 2023 and December's rise is the smallest since November 2021, when it rose by 1.6%.
Overall, about 14,000 jobs in the state were supported by Maine exports in 2021 ... with tariffs on lumber, a universal tariff would have the biggest effect on the price of energy.
material shortages and potentially higher cost for everything from lumber to bathtubs. In terms of economic upheaval, it could be the construction industry equivalent of what the COVID-19 pandemic ...
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