Good news on the construction horizon! Lumber sales, the best indicator of activity in the construction markets, is continuing to rise well above last year’s figures, and also even beating the 5 year average. The charts below are courtesy of Builders Enterprises, dealers of a wide variety of construction materials.
Dimensional lumber and plywood sales are steadily continuing their climb that was established in the first quarter. Meanwhile, OSB sales are sharply climbing.
Figures like these often lead to pricing increases in the industry as manufacturers manage their supplies against demand. But it is also indicative of a return to growth in new construction and the overall economy.