Biden Joins the Lumber Trade Wars

Posted on December 1, 2021 by Jorie Helms
By The Editorial Board Nov. 29, 2021 6:34 pm ET PHOTO: STEPHANIE STRASBURG/BLOOMBERG NEWS President Biden says he feels your pain regarding inflation, and he’s made public-relations moves to show it, begging ports to move goods faster and O...
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NAHB Condemns Commerce Action to Double Tariffs on Canadian Lumber

Posted on November 29, 2021 by Jorie Helms
In a blow to housing affordability and a move strongly opposed by NAHB, the Commerce Department today moved forward today with its next administrative review to double the tariffs on Canadian lumber shipments into the U.S. from 9% to 17.9%. In response...
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Building Materials Prices Climbing at Record Year-To-Date Pace

Posted on August 23, 2021 by Jorie Helms
Prices paid for goods used in residential construction ex-energy rose 0.2% in July after climbing 3.0% in June (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building mate...
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White House Summit on Building Materials

Posted on July 28, 2021 by Jorie Helms
From:   Chuck Fowke, NAHB Chairman I am pleased to report that NAHB’s tireless efforts to engage the White House to convene a home building materials supply chain summit to seek out solutions to end production bottlenecks that have resulted in soa...
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New Home Sales Fall in June as Supply-Chain Challenges Remain

Posted on July 27, 2021 by Jorie Helms
Sales of newly built, single-family homes fell 6.6% in June to a 676,000 seasonally adjusted annual rate, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The June number follows down...
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The Lumber and Chip Shortages Have the Same Root Cause: Underinvestment

Posted on April 30, 2021 by Jorie Helms
Perhaps no manufactured good is less technologically sophisticated than a 2×4, while none is more complex than the latest microprocessors. Yet the U.S. economy is currently suffering from shortages of both lumber and chips—and for similar reasons. In ...
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