Tag: Headlines

Lumber Headlines Broad-Based Increases in Building Materials Prices


Prices paid for goods used in residential construction ex-energy rose 2.1% in January (not seasonally adjusted) and have increased 6.8% over the past 12 months, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials (i.e., inputs to residential construction less food and energy) prices have declined just twice since December 2019.

The index for inputs to residential construction, including food and energy, also increased over the month (+2.5%) as energy prices climbed 5.1%.

Prices paid for softwood lumber (seasonally adjusted) rose 13.9%. Lumber prices have remained extremely volatile since the 88.5%


Today’s Breaking News & Headlines in Politics, Health, Finance and More.

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    Rep. Matt Gaetz, R-Fla., praised fellow Republican Reps. Jim Jordan of Ohio and Rodney Davis of Illinois for their letter to House Administration Committee Chair Rep. Zoe Lofgren, D-Calif., asking that the chamber keep conservative outlets…

  • House Dems Seek White Supremacy Briefing From FBI

    House Democrats are requesting FBI Director Christopher Wray provide them with a private briefing on white supremacy infiltration of law enforcement, claiming 18 current or former officers have been charged in the Jan. 6 Capitol breach.

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