Friday, March 22, 2013

Could have predicted this................

...............actually, I think I did, but I'm not willing to root through the old posts to prove it to you.   Lumber prices are up big-time.  Not because of tremendous demand, mind you, but because a slight increase in demand met lowered supply and capacity.  Whole swathes of the construction industry will have trouble meeting any sizable increase in demand.  The past five years seemed to have hollowed the industry out.  It will be fun watching it come back to life.

















back story and enlargeable chart here

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