Economic

Lumber Prices Climb on Heels of Strong Housing Reports

Lumber, which is closely tied to the construction industry, has been rising with the restrengthening housing market, reaching a five-month high Friday at $355 per thousand board feet.

Alexander Lumber Hires Former ProBuild Sr. VP as CEO

Alexander Lumber, a lumber dealer with 20 yards across the U.S., today announced the hiring of Russ Kathrein as its new CEO.

Top 10 Markets for New Residential Construction

Housing starts numbers out today surprised many observers with its strength (+15.7%), but we find it to have been in line with our actual counts, released earlier this month. As we predicted, last month’s Census estimate was revised upward, and now the numbers are back in line with the trends revealed by the Metrostudy roll-ups.

Housing Starts Rebound Sharply in July

After a disappointing June report, housing starts rebounded to an annual rate of 1.093 million for a 15.7% increase over the upwardly revised June level.

US Economic Expansion Predicted to Last 2 More Years

After a puzzling first-quarter contraction, growth has returned, though the recovery remains the weakest since the second world war.

Top 10 Multifamily New Construction Permit Markets

In June, the annualized rate of multifamily permit activity dropped by double-digit percentage for the second straight month. 

Top 10 States for Sales of New Homes

Here is a look at the last year in New Home Sales by region showing sales have decreased slightly over the past few months.

Outlook Brightening for Housing in Second Half of 2014

Freddie Mac released today its U.S. Economic and Housing Market Outlook for July, showing mixed data results for the housing recovery as we head into the second half of the year.

States Where Energy Efficient Framing is in Highest Demand

This interactive heat map that displays how each state ranks for total energy costs, and breaks down average electric, natural gas, and fuel costs from WalletHub's "Most and Least Energy Expensive States" report.

Despite Perceptions, Economy Doing Well

National media recently covered the gap between perception and reality with regard to national economic performance.