Shepformation Monthly Newsletter
Information, resources, and news from Shepley for building professionals on Cape Cod and Nantucket.
Lumber Market Updated- June
For most of the industry, May was a quiet sales month due to a lagging demand and, particularly on the East Coast, bouts of soggy weather certainly didn’t help matters.
Lumber Market Report- May
On April 3rd it was announced that Canadian lumber would be spared the 25% reciprocal tariff and, with that, a collective sigh of relief coursed throughout the industry.
Lumber Market Report- April
With what seemed to play out as some sort of large-scale game of “Red Light, Green Light” with President Trump at the helm, the threat of a 25% tariff on Canadian lumber had everyone in the industry on pins and needles throughout March.
“Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.”
John F. Kennedy
Lumber Market Report- March
The 30-day reprieve on a 25% Canadian tariff ordered by President Trump made for an interesting and suspenseful month.
Lumber Market Update- February
Lumber sales started off the new year flat-footed, with concerns about rising mortgage rates, seasonally disruptive weather and, with the inauguration of President Trump, threats of tariffs to be assessed on Canadian lumber.
Lumber Market Update- January
A seasonal fade in demand cooled the lumber market last month, which gave mills some much needed time to rebuild depleted stock, a challenge that they have been under since early October.