The Fed’s rate hikes are beginning to have their effect on slowing inflation. For example, lumber prices have dropped more than 50% since the central bank started raising interest rates in March.
Home Depot signaled the swings in lumber prices plaguing builders are not going to abate anytime soon. "When lumber hit those extraordinary highs in the early part of last year, we saw a dramatic unit ...
With lumber prices going into free fall lately after soaring to record highs just a few months ago, at least one prominent American business executive has a simple explanation: It’s all a matter of ...
Stacks of lumber sit under an overcast Illinois sky, marked with prices that jumped in a matter of days. Forklifts move ...
North American Builder's Supply, a longstanding Midwest lumber and materials provider based in Yorkville, Illinois, filed for ...
Home Depot (NYSE: HD) has experienced a sales surge since the pandemic's onset. Customers cooped up at home are noticing things that need to be fixed. Furthermore, the drastic lifestyle change ...
Lumber is a core component for many of the projects that drive people to Home Depot. For instance, the work-from-home trend created an urgent need for home offices. Some folks turned existing spaces ...
Sliding lumber prices and softer consumer demand hit sales at Home Depot in the first quarter. Framing lumber prices dropped 64% in a year, while sales for patio furniture and grills softened. "DIY ...
Home Depot Inc., the largest U.S. home improvement retailer, is feeling the squeeze for two reasons: lumber prices have topped out and competitor, Lowe’s Cos. Inc. has been improving its performance, ...
The price of lumber shot higher over the past year. Now, it's crashing down and some wonder if it will threaten earnings. Lumber prices have taken a wild ride since the onset of the pandemic. Folks ...
MILWAUKEE — Two home improvements stores are accused of deceiving the buyers of four-by-four boards, the big brother to the ubiquitous two-by-four. The alleged deception: Menards and Home Depot (HD) ...