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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National Association of Home Builders CEO Jerry Howard warned on "Varney & Co." Monday of "a tough time" ahead for the industry as data revealed the...

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There is No Slowing Down at BCMC 2022 in Columbus, Ohio, this fall! Early Bird registration is now open and you don’t want to miss this year’s...

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UFP Industries (UFPI) reported second quarter sales increased 7% to $2.9 billion from second quarter 2021 sales of $2.7 billion.

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Increased interest rates, building material supply chain bottlenecks and elevated construction costs continue to put a damper on the single-family...

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The 2021 Survey of Construction (SOC) from the Census Bureau shows that the average completion time of a single-family house is around 8.2 months,...

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Lumber prices have been on a roller-coaster ride over the past two years and reached to an all-time high price of $1,515 per thousand board feed in...

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Construction input prices increased 1.9% in June compared to the previous month, according to an Associated Builders and Contractors analysis of...

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Since the relatively low point at the onset of the pandemic on April 17, 2020, lumber prices have been volatile, with record setting spikes...

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Mortgage rates are on the rise; the average interest rate on a 30-year fixed mortgage is just over 5.5%, according to Freddie Mac.

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Young professionals represent the future of the building industry.

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So far this year has been nothing but wall-to-wall angst: runaway inflation, stock market staggering, recession around the corner, gridlocked supply...

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Buyers continue to purchase lumber as needed, but order files appear to be getting farther out as wildfire and hurricane seasons begin.

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