Industry News

Stay informed with all that is happening within the industry.

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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Framing News Industry News Podcast : Component Connection Podcast : Lumber Connection SBCA Magazine Webinars

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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Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged...

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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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