The U.S. construction industry may face higher lumber prices within a month if President Donald Trump follows through with his threat of tariffs on Canada this weekend.
The timing also would mean higher costs for rebuilding efforts in L.A. County communities destroyed by wildfires.
The CME’s physical lumber futures contract moved 5.66% higher in Q4 2024 but was 3.76% lower in 2024, settling at $550.50 per ...
With California wildfires triggering a massive rebuilding process that could take several years, investors are looking closer ...
Homes smolder as an apartment fire rages in the background during the Eaton fire on Jan. 8 in Altadena. (Gina Ferazzi / Los Angeles Times) ...
Additionally, prices of lumber and other building materials slumped after a renovation ... a shortage of houses and ...
In November 2024, the average price for the lumber exported from European Union to MENA slipped 2% c ...
Average UK house prices increased by 3.3%, to £290,000, in the 12 months to November 2024 (provisional estimate); this annual growth rate is up from 3.0% in the 12 months to October 2024. Average ...
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The mere threat of tariffs being tacked onto Canadian lumber imports in the U.S. is raising fears of panic buying that could roil lumber markets and prices. “A number of Canadian lumber companies are ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...