Sprouts makes its debut on the Fortune 500 - Phoenix Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
2021 Hearthstone BUILDER Humanitarian Award Winner: Sheryl Palmer builderonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from builderonline.com Daily Mail and Mail on Sunday newspapers.
According to CNBC, lumber prices are skyrocketing for various reasons beyond just high demand from homebuilders and remodelers. Lumber tariffs had prices already rising a year ago, but then when the pandemic hit, production shut down. The expectation was that housing demand would dry up for a long time. But instead, after a brief pause, it came roaring back. Homebuilders were caught off guard, as were lumber producers. Clearly, increasing the cost of imports via tariffs does not help the situation, said Robert Dietz, chief economist for the National Association of Home Builders. We need to do everything that we can to increase domestic supply, including producing more domestic lumber, as well as resolving the trade dispute. It is matter of housing affordability.