How the Pandemic Pushed Lumber Costs to Record Highs
New York, NY, April 20, 2021-The Wall Street Journal explores what factors have caused the record boom in lumber costs and who is benefiting in a video called How the Pandemic Made Lumber America’s Hottest Commodity.
It also explores,
* the impacts of the unexpected housing boom and the commercial market's demands due to social distancing needs
* the current disparity between log and lumber prices
* the excess of timber in the Southern U.S.
As flooring installation is completed in the late stages of the construction process, general contractors are often downgrading flooring to offset overspending in lumber and other materials.