Tag: softwood lumber

NAHB Members Testify before the U.S. Int’l Trade Commission on Softwood Lumber

Filed in Construction Industry, Economics by on September 13, 2017 0 Comments
NAHB Members Testify before the U.S. Int’l Trade Commission on Softwood Lumber

Two NAHB members testified before the U.S. International Trade Commission (ITC) on Sept. 12 as part of the ITC’s final hearing to determine whether U.S. lumber producers have been injured as a result of softwood lumber import from Canada

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In Wake of Harvey, NAHB Urges Action on Lumber Supply

Filed in Disaster Response, Home Building, Leadership by on August 30, 2017 1 Comment
In Wake of Harvey, NAHB Urges Action on Lumber Supply

“In the aftermath of the devastating storm, demand for softwood lumber is expected to increase dramatically as home builders and remodelers repair and replace housing in Houston and across Texas. This crisis makes it more important than ever that the United States quickly achieve a lasting trade agreement regarding U.S. imports of Canadian softwood lumber,” said NAHB Chair Granger MacDonald today.

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A Show of Unity on Canadian Lumber

Filed in Construction Industry, Economics by on August 24, 2017 3 Comments
A Show of Unity on Canadian Lumber

NAHB CEO Jerry Howard participated in a forum on Canadian softwood lumber this morning at the Canadian embassy in Washington that included Canadian Ambassador David MacNaughton and special softwood lumber envoys from the Canadian provinces.

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Short-Term Window in Collecting Canadian Lumber Duties Could Boost Market

Filed in Economics by on August 17, 2017 1 Comment
Short-Term Window in Collecting Canadian Lumber Duties Could Boost Market

In what could be a positive development in the ongoing U.S.-Canadian lumber dispute, countervailing duties on Canadian lumber shipments into the U.S. will be temporarily suspended between Aug. 26 and Sept. 6. While no one can predict with any certainty how this will affect lumber prices, the lumber futures market is anticipating that this development could temporarily moderate the cost of lumber.

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Non-Canadian Softwood Lumber Imports Hit a 10-Year High

Filed in Home Building by on May 22, 2017 1 Comment
Non-Canadian Softwood Lumber Imports Hit a 10-Year High

In a positive development for home builders, lumber consumers and housing affordability, U.S. softwood lumber imports (excluding shipments from Canada) hit a decade high in the first quarter.

European suppliers – including Australia, Germany, Sweden, Finland, the Czech Republic, Russia, Lithuania, Estonia, Latvia and Romania – accounted for nearly all the increase.

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What is the Impact of New Duties on Canadian Lumber?

Filed in Economics by on April 25, 2017 12 Comments
What is the Impact of New Duties on Canadian Lumber?

A new analysis by NAHB shows that more than 8,000 full-time jobs will be lost this year as the result of the decision by the U.S. Department of Commerce to impose a 19.88% duty on Canadian softwood lumber exports to the United States.

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NAHB’s Lumber Battle Plays Out in the Press

Filed in Codes and Regulations, Construction Industry by on April 19, 2017 8 Comments
NAHB’s Lumber Battle Plays Out in the Press

NAHB’s longstanding battle to maintain consistent and consistently priced sources of lumber for our members is gaining visibility in the press as your association hammers home the fallout from the trade dispute between the United States and Canada: Higher prices for home buyers.

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Cost of Building Materials is on the Rise

Filed in Economics by on April 14, 2017 5 Comments
Cost of Building Materials is on the Rise

Prices of softwood lumber, gypsum, ready-mix concrete, and OSB all rose for the second consecutive month, according to the latest Producer Price Index (PPI) released on April 13 by the Bureau of Labor Statistics. Softwood lumber and OSB experienced the largest price increases.

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Building Materials Prices Rise in February

Filed in Economics by on March 15, 2017 2 Comments
Building Materials Prices Rise in February

The cost of building homes is going up.

The latest Producer Price Index release by the Bureau of Labor Statistics shows that prices of softwood lumber, gypsum, ready-mix concrete and OSB all rose in February. The increases were led by gypsum products, with softwood lumber a close second.

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Key Building Materials Prices Far Surpassed Inflation in 2016

Filed in Economics by on January 27, 2017 1 Comment
Key Building Materials Prices Far Surpassed Inflation in 2016

Softwood lumber, oriented strand board (OSB), ready-mix concrete and gypsum products all posted price changes in 2016 well above the 1.3% average for the Consumer Price Index, according to the latest Producer Price index released by the Bureau of Labor Statistics.

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