News

The latest happenings in the woodworking industry.

 

Woodworking Industry News

NAHB: Building material prices up 19% year-over-year

According to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics, the prices of goods used in residential construction ex-energy (not seasonally adjusted) climbed 0.5% in April, following upwardly revised increases of 1.9% and 2.4% in March and February, respectively. This adds up to an 4.9% increase in building materials prices since the start of 2022. Year-over-year, building materials prices are up 19.2% and have risen 35.6% since the start of the pandemic.

Video

How NOT to haul lumber

There is a right way to haul lumber, and then there was the way a Texas driver hauled lumber. In this video, a wood-hauling car smashed its way through a Texas roadway and fled from the chaos leaving wood parts flying.