Prices for building materials for new residential construction, minus capital investment, labor and imports, increased 0.7% from 2023 this year. According to the Producer Price Index (PPI) from the U.S. Bureau of Labor Statistics, prices increased 0.3% in October but …
Read More »
Spending on home improvement projects and repairs is expected to be up 9 percent in 2022 compared to spending in 2021, according to the Joint Center for Housing Studies of Harvard University. While that’s good news for contractors and home …
Read More »
The Home Improvement Research Institute (HIRI), the nation’s leading resource for market research concerning the home and building products industry, forecasts the total U.S. building products market will build on its already exponential growth of 2020 and 2021. HIRI predicts …
Read More »
It’s no secret that building materials are in short supply and the price of lumber and other supplies has increased significantly. In May 2021, the National Association of Home Builders (NAHB) surveyed builders in its annual Housing Market Index. Builders …
Read More »
The rising prices of popular building materials, particularly lumber, are resonating with retailers and customers alike. Earlier this month, new data showed residential home builders reported a 26 percent increase in building material prices. In May, the price of lumber …
Read More »
Building material spending is expected to boom in 2021 with single-family housing starts and home renovations catching up after delays caused by the pandemic in 2020. There is nothing like extra time at home to make homeowners rethink how their …
Read More »
Building materials distributor US LBM has signed an agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under president and CEO L.T. Gibson and the current management team. Financial …
Read More »
What is Hempcrete? The short answer: it is a biocomposite building material. However, the short answer doesn’t tell the whole story. Hemp and mortar mixes have been used as building material for hundreds of years. During the 1990s, it was …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
