Will Lumber Prices Go Down In A Recession at Beth Heard blog

Will Lumber Prices Go Down In A Recession. Lumber futures fell to just $500 per thousand board feet on friday, or 62% below january’s $1,329 high. Spot lumber prices have plummeted 75% from their may 2021 record high of $1,514 per thousand board feet to just $366 this week,. High lumber prices in 2020 and 2021 were an early indicator that construction—and the economy in general—was set to go through. Lumber futures soared back above $1,000 per thousand board feet by the start of 2022. Spot lumber prices have plummeted 75% from their may 2021 record high of $1,514 per thousand board feet to just $366 this week,. Lumber prices fell 63 percent in 2022. But since then, prices have once again plummeted. The trend is continuing into the new year, marking a reversal of record high prices during the pandemic. As a result, lumber prices soared — from $349 per thousand board feet in april 2020 to $1,514 this may, according to the trade journal. At about $365 for 1,000 board feet, lumber prices are lower now than they’ve been in more than two years.

When Will Lumber Prices Go Down? Maybe in 2024?
from www.sawinery.net

The trend is continuing into the new year, marking a reversal of record high prices during the pandemic. Lumber futures soared back above $1,000 per thousand board feet by the start of 2022. Spot lumber prices have plummeted 75% from their may 2021 record high of $1,514 per thousand board feet to just $366 this week,. Lumber prices fell 63 percent in 2022. At about $365 for 1,000 board feet, lumber prices are lower now than they’ve been in more than two years. As a result, lumber prices soared — from $349 per thousand board feet in april 2020 to $1,514 this may, according to the trade journal. Lumber futures fell to just $500 per thousand board feet on friday, or 62% below january’s $1,329 high. But since then, prices have once again plummeted. High lumber prices in 2020 and 2021 were an early indicator that construction—and the economy in general—was set to go through. Spot lumber prices have plummeted 75% from their may 2021 record high of $1,514 per thousand board feet to just $366 this week,.

When Will Lumber Prices Go Down? Maybe in 2024?

Will Lumber Prices Go Down In A Recession Spot lumber prices have plummeted 75% from their may 2021 record high of $1,514 per thousand board feet to just $366 this week,. Lumber futures fell to just $500 per thousand board feet on friday, or 62% below january’s $1,329 high. As a result, lumber prices soared — from $349 per thousand board feet in april 2020 to $1,514 this may, according to the trade journal. Spot lumber prices have plummeted 75% from their may 2021 record high of $1,514 per thousand board feet to just $366 this week,. Spot lumber prices have plummeted 75% from their may 2021 record high of $1,514 per thousand board feet to just $366 this week,. Lumber futures soared back above $1,000 per thousand board feet by the start of 2022. Lumber prices fell 63 percent in 2022. But since then, prices have once again plummeted. At about $365 for 1,000 board feet, lumber prices are lower now than they’ve been in more than two years. High lumber prices in 2020 and 2021 were an early indicator that construction—and the economy in general—was set to go through. The trend is continuing into the new year, marking a reversal of record high prices during the pandemic.

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