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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]
US producer price index 2005-2022. The Producer Price Index (PPI) is the official measure of producer prices in the economy of the United States. It measures average changes in prices received by domestic producers for their output. The PPI was known as the Wholesale Price Index, or WPI, up to 1978.
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That, coupled with interest rate cuts that could stoke lumber demand, will likely lead lumber futures prices to a range between $500 and $600, or slightly above pre-pandemic levels, according to ...
In just one year, the price of lumber has increased a whopping 377%. A boom in home renovations, combined with an increase in disposable income stemming from the coronavirus pandemic, caused ...
Lumber hit an all-time high of $1,686 per thousand board feet this month, surging by 406 percent from the $333 it was trading at the same time last year.
Sierra Pacific Industries (SPI) is the second-largest lumber producer in the United States. [1] A privately held company, it was co-founded in 1949 by R. H. Emmerson and his son, A. A. "Red" Emmerson, the long-term CEO, and A. A. Emmerson's sons George and Mark are now president and CEO.
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