What part of a new house costs 4 times as much as a year ago? Lumber!

Apr 19, 2021
Demand for new U.S. homes is at a record high, and existing homes are old and need repairs.
Lumber prices had risen for a while before the pandemic spurred a renovation trend and boosted prices further.
Scott Olson/Getty Images

Housing starts pick up — prices too

Aug 18, 2020
Lumber prices are surging, along with prices of Chinese-made components that go into building a home.
A construction worker roofing a New York residence in May. Housing starts were up more than 22% in July.
Al Bello/Getty Images

Lumber prices climb as people stuck at home build those gazebos they've been putting off

Jul 10, 2020
The price of lumber is at a 2½ year high, driven by a sawmill slowdown and more interest in home projects.
Timber on the dock of a New Zealand port in February. Demand for lumber hasn't slowed, but production has.
Phil Yeo/Getty Images

Home Depot blames lumber prices for drop in sales

Aug 20, 2019
The company says that a better price for lumber is better for business.
A customer's lumber sits on a cart at a Home Depot store on in 2017 in Chicago, Illinois. The company cited lumber price deflation as a reason it trimmed its outlook for 2019.
Scott Olson/Getty Images

Lumber trade dispute and tariffs boost U.S. wood products

Sep 20, 2018
Prices for U.S. softwood lumber have jumped since tariffs against Canadian lumber took effect last year.
A machine piles pine logs for processing at the Montrose Forest Products sawmill. In 2012, this Colorado log yard was nearly empty. 
Esther Honig/Harvest Public Media

Satisfied with Trump in rural Pennsylvania

Feb 20, 2018
We check in with small business owners about changes they've seen with Trump as president.
Union City, Pennsylvania — population 3,300, is located in the rural outskirts of Erie.
Marketplace

Blue-collar jobs that pay 6 figures are going unfilled

Jul 3, 2017
'This is an avenue for even some folks with college degrees.'
“There are a lot of people with college degrees now competing for some of the most competitive jobs out there, and some of them are ending up applying for jobs at 84 Lumber,” Prashant Gopal says.
Justin Sullivan/Getty Images

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Canadian lumber is the first demonstration of Trump’s tough-on-trade promises

Apr 25, 2017
When President Trump promised he’d be tough on trade, Canada wasn’t a name he threw around much. But his administration’s first big trade tax turns out to be a proposed 20 percent or so tariff on Canadian “soft lumber.” That’s pine, spruce, fir — the kind of wood used to build homes. Secretary of Commerce […]

Lumber mills buzzing again in Louisiana

Jul 1, 2013
Louisiana manufacturers that produce lumber plan to reopen and expand factories, as nationwide housing market shows steady recovery.

Downside of a housing rebound? The price of plywood on the rise

Mar 22, 2013
As the housing market recovers, prices for some construction and building materials reach pre-bust highs
Thanks to improvements in the hosuing market, demand for plywood and other lumber products is growing. But suppliers haven't been able to keep up with demand, so prices are unusaully high.
Joe Raedle/Getty Images