What’s Up With Materials Prices? Gypsum, for One.

Filed in Economics by on October 20, 2014 3 Comments

The latest government report shows that gypsum wholesale  prices edged 0.1% lower in September from the previous month and are down from the most recent February peak. However, prices won’t stay this way for long.

Two major drywall suppliers have announced price increases for 2015. National Gypsum will be raising prices by 20% for their entire gypsum wallboard product line effective Jan. 1, 2015 for the entire year. USG announced in September that prices would increase by 5% effective October 6, 2014.

This will be the fourth consecutive year annual price increases have been implemented.

In releasing its Producer Price Indexes (PPI) for September, the Bureau of Labor Statistics also reported that softwood lumber prices rose 1.3% in September but have moved mostly sideways since the beginning of the year. OSB prices slipped another 1.1% in September, bringing prices 8.6% below year ago levels.

The PPI measures inflation in prices received by domestic producers. It gauges price changes from the seller’s perspective, while the consumer price index (CPI) measures price changes from the consumer’s perspective.

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Comments (3)

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  1. All (4) Fiberglass manufactures (O.C., J.M., Knauf, & Certainteed) have announced price increaces
    for early January 2015 ranging from 12% to 18% depending on the product.

  2. Cindy says:

    We just called 4 sources for a concrete delivery for 8 post holes only to be told there is a concrete shortage and we have to get in line for a delivery sometime this week. Prices are also going up an average of $9cy.

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