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- High lumber prices in 2020 and 2021 were an early indicator that construction—and the economy in general—was set to go through some profound inflationary changes. Today’s slumping prices, and where lumber markets go over the next few months, could be an equally important indicator of where the economy is headed.
Jun 22, 2021 · What lumber can tell us about the economy right now. The drop in lumber prices, as production ramps up and orders fall, gives credence to the argument that the rise in inflation is a result of...
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Jul 8, 2021 · Here are three things that the rise, fall and now volatility of lumber prices tell us about the pandemic economy. Behind the great rise of lumber prices. The supply shock that sent...
Jul 9, 2022 · High lumber prices in 2020 and 2021 were an early indicator that construction—and the economy in general—was set to go through some profound inflationary changes. Today’s slumping prices, and...
- 2 min
- Tristan Bove
Jul 3, 2024 · What see-saw prices for wood tell us about America's economic future. Supply and demand were the culprits when lumber prices were soaring during the pandemic, and they've helped fuel the...
- Henry Blodget
Jun 21, 2021 · From sawmills to store shelves to your own hammer swings, lumber can tell you a lot about what’s going on in the economy right now.
May 2, 2024 · After a volatile period in pricing, including extreme highs from 2020 to 2022, lumber prices have largely stabilized during the past year to a range above pre-pandemic levels. According to price...
Jul 8, 2021 · Booming demand from homebuilders and do-it-yourselfers sent the price of lumber to record highs earlier this year. But now the price is falling fast. And the Federal Reserve says that's a hopeful sign that other pandemic price spikes are also likely to be temporary. NPR's Scott Horsley reports.
