Tag: years

Largest Four-Month Lumber Price Increase in 70 Years Outweighs Other Price Declines in August

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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 excluding energy increased 1.0% over the month.

The four-month increase is almost exclusively due to the dramatic rise in softwood lumber prices, which advanced 14.9% in August. Prices have increased nearly 50% since April, the largest four-month gain in the

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Home prices see biggest gains in more than 2 years: S&P Case Shiller

Strong demand and a limited supply of homes have caused home price gains to accelerate dramatically.

Prices beat expectations, rising 5.7% annually in August, up from 4.8% in July, according to the S&P CoreLogic Case-Shiller National Home Price Index.

The 10-City Composite posted a 4.7% gain, up from 3.5% in the previous month. The 20-City Composite rose 5.2% year-over-year, up from 4.1% in July. Detroit was not included in the findings, due to insufficient data reporting. All 19 cities for which data was reported rose monthly and annually, with all 19 seeing larger annual gains than in July.

“A trend

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SETI@home’s crowdsourced search for aliens ending after 21 years

The project is going into hibernation on March 31, according to a post on its website, which said scientists have reached a point of diminishing returns.

“Basically, we’ve analyzed all the data we need for now,” according to the post.

The scientists will now focus on studying the results they’ve brought in and writing a scientific journal paper on the findings.

Aliens, flying discs and sightings -- oh my! A short history of UFOs in America

Millions of volunteers around the world have downloaded the SETI@home screen saver over the years, to help analyze radio telescope data and search for extraterrestrial intelligence, according to the group. SETI stands for Search for Extraterrestrial Intelligence.

Scientists
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