Sentences with phrase «lumber prices by»

This answer was in a response to a question brought by Rep. Kenny Marchant (R - Texas), who said that Texas home builders are concerned how the lumber tariffs have escalated lumber prices by 40 % to 60 % in just the last year.

Not exact matches

Over the past 12 months, prices have increased 19 % on steel mill products, 17 % on copper and brass mill shapes, 7.6 % on gypsum products like wallboard and plaster, and 7.3 % on lumber and plywood, according to data released last week by the Bureau of Labor Statistics.

«Given that home builders are already grappling with 20 percent tariffs on Canadian softwood lumber and that the price of lumber and other key building materials are near record highs, this announcement by the president could not have come at a worse time.

Rather than giving American companies an edge, they might just raise prices by 15 % or so, making their products just a little cheaper than Canadian lumber while increasing their own profits.

A key element in this shift is China; the value of Chinese exports to Canada tripled over this period and Canadian exports to China, while still small relative to exports to the US, have grown steadily in value driven by commodity exports which have been buoyed by high prices and huge demand in China for key Canadian exports such as minerals (nickel, coking coal, potash, copper and iron ore), pulp and lumber.

The Commerce Department has imposed tariffs averaging 20 % on Canadian lumber shipments into the U.S. NAHB believes the tariffs are harming housing affordability, home builders and consumers by artificially inflating lumber prices, which are running at an all - time high.

The price of softwood lumber rose by 2.3 % in December, while prices paid for ready - mix concrete, gypsum products, and OSB all fell, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statisprice of softwood lumber rose by 2.3 % in December, while prices paid for ready - mix concrete, gypsum products, and OSB all fell, according to the latest Producer Price Index (PPI) release by the Bureau of Labor StatisPrice Index (PPI) release by the Bureau of Labor Statistics.

To preserve the number of oak trees from being cut for lumber, wood was priced quite high by the government.

There are the usual objections that it will increase the cost of housing (estimated to be $ 9500 per house) but California houses go up by that much every month due to land prices, President Trump's tariff on Canadian lumber caused a 7 percent increase, and you probably heard the same thing when indoor plumbing became mandatory.

Higher development fees in many municipalities are also adding to costs, as are fuel surcharges increasingly being levied by gravel, lumber and concrete suppliers in the face of soaring diesel prices.»

A study by NAHB economists shows that the increase in the cost of lumber since the beginning of 2017 has been enough to drive up the price of an average new single - family home by $ 6,388, and the market value of an average new multifamily housing unit by $ 2,430.

Annual softwood lumber price growth decelerated by 8.7 percentage points to 8.0 %.

Home builders across the country were getting hammered by skyrocketing lumber prices earlier this year.

I know lumber varies in price by type and the local.