Prices paid for goods used in residential construction continued their upward trend in August, increasing 0.9% (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. It is the fourth consecutive monthly increase since the index declined three months straight and brings the index back to its pre-pandemic level. Prices of… Read More ›

The post Largest Four-Month Lumber Price Increase in 70 Years Outweighs Other Price Declines in August first appeared on Eye On Housing.



Source link