Lumber Among Three Big Input Reductions
Softwood lumber is one of the three largest construction input cost reductions year-over-year from December 2021 to December 2022, according to a recent ConstructionDive market report. Citing Producer Price Index data from December 2022, the report noted that overall residential and nonresidential construction input prices fell 2.7% in December from November, the largest monthly drop since April 2020, according to Associated Builders and Contractors (ABC). The construction input reductions were led by steel mill products, softwood lumber and iron and steel, which have seen a 12-month reduction of 29%, 26% and 25%, respectively, through December 2022. Conversely, lumber competitor concrete products had a major construction input cost increase from December ’21 to December ’22, going up 15% during that time. The report also noted that contractors surveyed say they’re currently seeing the longest project backlogs since 2019, according to ABC.
Latest News
Boise Cascade Curtails Chapman Sawmill
Boise Cascade announced an indefinite curtailment of its lumber production in Chapman, Ala. The curtailment will affect 80 positions. The plywood operations at the Chapman location are not part of the curtailment. Worker Adjustment and Retraining Notification (WARN) Act notification was provided to impacted employees and specifies that operations will cease on January 28, 2024…
WWPA’s Mathews Leaves A Legacy
James R. Mathews, known by most as Jim, was a WWPA Lumber Inspector and Master Lumberman, but is most remembered by his colleagues and those in the industry as a great friend and mentor. He died at the age of 74. Mathews spent 42 years working in the lumber industry. He began his career with Weyerhaeuser Co., Klamath Falls, Oregon in 1970. He worked in most of the planer mill positions until moving into the lumber grading department as a student grader in 1972…
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