Falling Lumber, Concrete Prices Offset Steel Increases in September

By October 14, 2021Housing
Prices paid for goods used in residential construction ex-energy decreased 0.8% in September (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The decrease was largely driven by lower lumber and concrete products prices and was the second monthly decline since the start of the last recession.  The price index of… Read More ›