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Homebuilding slows in April with both labor and lumber in short supply

May 18, 2021
"All of a sudden, these guys don’t have the wood to start supplying some of these jobs,” one analyst said.
Both labor and lumber are in short supply when it comes to building new homes.
Tim Boyle/Getty Images

Tariffs on imported materials could push up post-disaster costs

Sep 13, 2018
Hurricane Florence, currently tearing along the Southeast coast of the U.S. could bring wind gusts of 80 mph. The governor of North Carolina said that “tens of thousands of structures are expected to be flooded.” The post-storm costs could be high as communities buy up the drywall, lumber, and steel to rebuild. The price of […]
Waves created by Hurricane Florence are seen along Cherry Grove Fishing Pier on September 14, 2018 in North Myrtle Beach, United States. 
Joe Raedle/Getty Images