Industry News
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Liberty Cedar
Leading top quality specialty wood products, tropical lumbers & domestic hardwoods, custom milling and flooring, trim packages, timbers and other materials serving Rhode Island, Massachusetts, Connecticut, and Long Island with excellent customer service. Delivery to other areas via common carrier.
Shop online at Libertycedar.com
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ABC: December Construction Backlog Indicator Falls, Contractor Confidence Rises
According to an ABC member survey performed between December 20 and January 6, the Construction Backlog Indicator decreased to 8.3 months in December. The reading is reduced by 0.3...
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2024 Residential Construction Input Price Growth Slows
According to the most current Producer Price Index (PPI) report published by the United States Bureau of Labor Statistics, prices for new residential building inputs—excluding capital investment, labor, and...
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NAHB: November New Home Sales Up
The US housing market had a substantial increase in November 2024, with sales of new single-family houses hitting a seasonally adjusted annual rate of 664,000, according to freshly released...
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NAR: November Existing-Home Sales Rose 4.8%, Strongest Y-O-Y Gain Since June 2021
The National Association of Realtors reported that existing house sales increased in November. Sales grew in three major U.S. regions while remaining stable in the West. Sales increased year...
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Single-Family Starts Gain While Multifamily Fails
Ongoing low levels of single-family existing home inventory boosted single-family output in November, while overall housing production declined due to a double-digit percentage reduction in multifamily building. Housing starts...
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Single-family permits rise October 2024
In the first ten months of 2024, the total number of single-family permits issued year-to-date (YTD) nationally was 846,446. On a year-over-year (YoY) basis, this is a 9.4% growth...
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Jartek and Arbor Wood Co. seek to boost production
Arbor Wood Co., a maker of high-quality thermally treated wood products in the United States, has announced that it has agreed to purchase a new thermokiln from Jartek, a...
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Building Materials and Lumber Prices Rise in November
According to the U.S. Bureau of Labor Statistics’ most current Producer Price Index (PPI) data, prices for inputs to new residential construction—excluding capital investment, labor, and imports—remained steady in...
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Inflation Sticks Despite Lower Housing Costs
Inflation rose to 2.7% in November, meeting predictions, but the last stretch to the Fed’s 2% objective becomes the most difficult. Shelter expenses continued to be the primary driver...
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Boise Cascade expands in Florida with Parksite door shop acquisition
Boise Cascade has announced that it has acquired the assets of the Parksite door shop in Lakeland, Florida. Parksite now has 22 sites, and this purchase only affects their...
