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Little and other experts estimate that lumber prices could jump 25% to 40%. And that’s even before any additional tariff increases. In the last six months average lumber prices have ranged from ...
Lumber’s price drop has been particularly dramatic in just the last 90 days in the futures market, with contract prices for July falling 28% to $466 per thousand board feet (futures prices are ...
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Lumber prices. Presently there is a healthy lumber economy in the United States, directly employing about 500,000 people in three industries: Logging, Sawmill, and Panel. [62] Annual production in the U.S. is more than 30 billion board feet making the U.S. the largest producer and consumer of lumber. [62]
For example, in the first quarter of 2016, the PPI for final demand increased 0.5 percent because the index levels were 109.7 in March 2016 and 109.1 in December 2015. The percent change is calculated as: 109.7 - 109.1 = 0.6 0.6 ÷ 109.1 = 0.005 0.005 × 100 = 0.5 percent [9]
The caution comes as Lowe's posted a mixed quarter on Wednesday before the market open. The retailer reported adjusted earnings per share of $2.28, topping above analysts expectations for $2.21.
In 1961, at a meeting in Scottsdale, Arizona, the Committee on Grade Simplification and Standardization agreed to what is now the current U.S. standard: in part, the dressed size of a 1-inch (nominal) board was fixed at 3 ⁄ 4 inch; while the dressed size of 2 inch (nominal) lumber was reduced from 1 + 5 ⁄ 8 inch to the current 1 + 1 ⁄ 2 ...
The beams are continuously formed, so the length of the beam is limited only to the maximum length that can be handled and transported. Typical widths are 3 + 1 ⁄ 2, 5 + 1 ⁄ 4 or 7 inches (89, 133 or 178 mm); typical depths are 9 + 1 ⁄ 2, 11 + 7 ⁄ 8, 14, 16 and 18 inches (240, 300, 360, 410 and 460 mm). Typically the beams are made to a ...