Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...
Lumber futures hit their highest price in three years Friday despite a home-building slump and a lackluster remodeling market. Though wood demand is tepid, traders are pricing in dramatically higher ...
When the Trump administration more than doubled import fees on Canadian softwood lumber earlier this year, the goal was to support domestic prices and boost U.S. production. Instead, prices have ...
Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to throttle back output by 12%. Interfor said Thursday that it would reduce ...
We recently published an article titled 9 Best Lumber Stocks to Invest in Now. The Home Depot, Inc. (NYSE:HD) is among the best lumber stocks to invest in now. On January 16, Truist raised its price ...