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An index level of 110, for example, means there has been a 10% increase in prices since the base period; similarly, an index level of 90 indicates a 10% decrease in prices. To calculate the percent change in prices between some previous period and a more current period using a PPI, the BLS uses the following formula:
The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and exacerbated inflation is now nothing more than a memory.. Spot lumber prices have plummeted ...
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Competitive auctions determine the stumpage fees to be paid. The difference between the cost of acquisition of harvested timber between the United States and Canada is the cause of the ongoing Canada-United States softwood lumber dispute. The United States' representatives claim the Canadian system of determining stumpage fees amounts to a subsidy.
Its departure follows other closures or sales of longtime locally owned lumber yards over the past decade, like Bremerton's Parker Lumber, which shut down in 2010 after nearly 50 years, or ...
[citation needed] PSL can be made from any wood species, but Douglas fir, southern pine, western hemlock, and yellow poplar are commonly chosen [9] because of their superior strength. The product is manufactured as a 12-by-12-inch (300 mm × 300 mm) or 12-by-18-inch (300 mm × 460 mm) billet in a rectangular cross-section, which is then ...
Wood, carpentry. Rough carpentry (unfinished) Heavy timbers, log home, timber framing or "post and beam" Bamboo; Engineered wood, dimensional lumber. Stud, joist, rafter; Treated lumber and wood decking; Sheathing, subflooring, panelling. Plywood, shiplap, tongue and groove; Oriented strand board; Parallel strand lumber or "PSL" Glued laminated ...
In 1996, the United States and Canada reached a five-year trade agreement, The Softwood Lumber Agreement, officially ending Lumber III. Under its terms, Canadian lumber exports to the United States were limited to 14.7 billion board feet (34.7 million cubic meters) per year. However, when the agreement expired on April 2, 2001, the two ...