Andre Mai Construction Permits - January to May 2019, 2020, 2021 ** *Source:* United States Census Bureau/ Join Our Newsletter ** Sign up for our newsletter to get the latest news and updates. Subscribe Now [1] [1] http://eepurl.com/hGYkR5... Construction Jul 2, 2021 The Lowdown
Andre Mai Construction Employment Down due to Lost Jobs and Cancellations Contribution Factors: Excessive materials costs Delays from supply chain interruptions Shortage of labor force leads to double labor rates Source: Associated General Contractors of America, Wall S... Jul 2, 2021 The Lowdown
Andre Mai Lumber Futures and Cash Prices Crashing Futures fell by 41%. "The rapid decline suggests a bubble that has burst". Source: Wall Street Journal Before the fall, lumber prices went from ~$250/1K feet to ~$1,700. Causes: Longhorn Beetle d... Jun 17, 2021 The Lowdown
Andre Mai Cabinet Sales Strong Cabinet Manufacturers reported an increase in overall cabinet sales by nearly 47% for April 2021 compared to the same time in 2020. However, sales are trending downward as compared to March 2021 due... Jun 16, 2021 The Lowdown
Andre Mai Ocean Freight Costs Spiral Out of Control Ocean freight costs: ~$3K/20ft container to ~$12K ~$5K/40ft container to ~$17K Source: Shipping Network Alliance Inc. Join Our Newsletter ** Sign up for our newsletter to get the latest news and... Jun 16, 2021 The Lowdown
Andre Mai Vietnam Gains as China Loses Vietnam's wood exports increased by 61.3% compared to the same time last year. Almost 85% of the total value goes to just four countries: the US, China, Japan, and South Korea. Source: Decorative Wood... Jun 16, 2021 The Lowdown
Andre Mai Inflation at Highest in 30 Years "5% inflation year-year in the month of May, highest it has been in 30 years." 10-Year yield shows little change; the market keeping an eye on two factors. Supply-Chain Shortage Inflation; likely shor... Jun 14, 2021 The Lowdown
