Lumber prices soften as housing starts slow

| Print |  Email
Saturday, July 01, 2006

The number of new housing starts in Oregon and the United States grew by 13.6% and 4.1%, respectively, during 2005, the fifth consecutive year of growth for both areas. However, with many economists expecting the real estate boom to subside, the number of starts fell 8.2% in Oregon and 0.6% nationwide in the first four months of 2006 versus the same period in 2005. Likewise, after a banner 2005, western softwood lumber output has dropped 5.6% for the first four months of 2006. With production slackening, Random Lengths’ framing lumber composite price has still declined — by nearly a third from its peak in August 2004 — though it has not reached the lows seen from 2001 to 2003.

{safe_alt_text} {safe_alt_text}{safe_alt_text}

 

More Articles

Staffing Challenge

July/August 2015
Monday, July 13, 2015
BY KIM MOORE

A conversation with Greg Lambert, president of Mid Oregon Personnel Services.


Read more...

Unshakable

September 2015
Wednesday, August 19, 2015
BY BRIAN LIBBY

Ben Kaiser holds his ground.


Read more...

Inside the Box

September 2015
Wednesday, August 19, 2015
BY GINA BINOLE

Screening for “culture fit” has become an essential part of the hiring process. But do like-minded employees actually build strong companies — or merely breed consensus culture?


Read more...

Downtime with Jill Nelson

September 2015
Wednesday, August 19, 2015
BY JACOB PALMER

Live, Work, Play wit the CEO of Ruby Receptionists.


Read more...

Flattery with Numbers

July/August 2015
Friday, July 10, 2015
BY JOE CORTRIGHT

The false promise of economic impact statements.


Read more...

Bendafornia: What’s driving the Northern California migration?

Contributed Blogs
Wednesday, August 05, 2015
bendiforniathumbBY KEN MAES

A huge migration from Northern California has contributed to average 16% growth per year since 1990.


Read more...

Living the dream

News
Friday, August 21, 2015

smugglespearsthumbRenee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS