Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...
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 ...
U.S. sawmill production was unchanged in the third quarter. Utilization rates for sawmills and wood preservation industries remained near 70% despite a weakened demand environment from lower levels of ...
Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to throttle back output by 12%. Interfor said Thursday that it would reduce ...
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% ...
Crews at a construction site in Denver, Colorado, are working around the clock, trying to keep up with an increased demand by building more housing. “It’s getting really interesting out there isn’t it ...
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 ...