‘Pure panic’: Lumber prices up a staggering
280% as builders scramble for supply
Posted By: NorthernDog, 5/5/2021 12:33:56 PM
The lumber shortage is getting worse. On Tuesday, the price per thousand board feet of lumber soared to an all-time high of $1,359, according to Random Lengths. Since the onset of the pandemic, the price of lumber has skyrocketed 280%. For weeks, Fortune has relayed a similar message to readers: The price of lumber is likely to continue posting new all-time highs this spring. To the ire of home builders and DIYers alike, that prediction continues to be right. And signs point to this all-time high soon getting topped too. On Tuesday, the July futures contract price per thousand board
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NorthernDog"
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Rhode Island man
handcuffed by police dies 15 replies
handcuffed by police dies 15 replies
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Most Active Articles (last 48 hours)
Old Coke, New Coke,
Woke Coke, Broke Coke 41 replies
Woke Coke, Broke Coke 41 replies
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Report: Athletes Told To ‘Be Quiet’ About Trans
Weightlifter Ahead Of Olympic Qualification 27 replies
Weightlifter Ahead Of Olympic Qualification 27 replies
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Chris Wallace Pushes Republican to
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Gets Stunning Response 25 replies
Renounce Claim of ‘Stolen’ Election,
Gets Stunning Response 25 replies
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Warren ‘fighting as hard as I can’ to
nudge Joe Biden left; wants to help
president succeed 21 replies
nudge Joe Biden left; wants to help
president succeed 21 replies
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Comments:
Sounds like the price is only going to soar higher in the near future.