Industry News

SBCA sends out weekly Industry News updates to provide insight into general industry news and trends to provide our readership a greater depth of industry knowledge on best practices and business management. If you would like to submit an item to Industry News, please email the submission to staff. Thank you!

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Consumer sentiment toward the housing market hit a near two-year high in January.

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Component manufacturers (CMs) do not simply purchase lumber for use in their products, but rather, they purchase and rely on the design values...

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Criminals are becoming increasingly sophisticated in their methods for diverting business funds through fraudulent wire instructions.

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Westcap Mgt. Ltd. is pleased to announce an investment in Timber-Tech Truss Limited Partnership completed by Westcap MBO III Investment LP, which is...

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Mortgage rates that hit more than a 20-year high, coupled with elevated construction costs and excessive regulatory costs, left housing...

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Lumber is on the move and the market feels solid as prices creep up slightly.

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The Federal Reserve’s monetary policy committee held the federal funds rate constant at a top target of 5.5% at the conclusion of its January meeting.

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For consumers of structurally graded lumber, such as component manufacturers (CMs) and framers, the two key elements of the lumber’s grade stamp are...

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84 Lumber has announced area manager Mark Ingersoll will be moving to its Western Division, overseeing facilities in California, Nevada, and Arizona.

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SBCA’s executive director, Jess Lohse, has been re-appointed to the Building Systems Councils’ Board of Trustees with the National Association of...

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While the prevailing sentiment heading into 2023 was that the overall economy would move into a mild recession, the year was characterized by...

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Century Communities reaped the benefits of an increased level of home starts earlier in 2023 and continued improvements of cycle times in its fourth...

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