Softwood Lumber, OSB Lead August Price Increases

The prices of softwood lumber, OSB, and ready-mix concrete increased by 2.5 percent, 2.9 percent, and 0.5 percent, respectively, in August according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. In contrast, the price paid for gypsum fell 0.6 percent, its first monthly decline since May.

Softwood lumber prices rose for the second consecutive month the 3.0 percent decrease in June. The final demand price index for softwood has increased 22 percent since the start of 2016.

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