Lumber prices skyrocket as predicted... brokers buy up supplies in advance of store demand.
Profits are going up as the $26 sheet of plywood reaches $40 in 3 weeks, demand as storm damaged areas rebuild entire cities, & worse weather hitting lumber production & distribution.
Can you spell inflation? 32% increase in 3 weeks sounds like that? Some are still not aware of what transitory means… a transition from one level to another, like handicapped ramps that only go up but never down. How does that work if we only transition higher and higher… as if transitioning is not just another word for inflating costs by lowering th…
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