Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
US construction building materials shortage eased in 2022
Posted on January 20, 2023 |
Since May 2022, in the US, the building materials shortage eased but the major exceptions are shortages of HVAC equipment and certain categories of ceramic materials (certain tiles, clay bricks, and cement-based building materials), which have worsened.
In October 2022, 80% of single-family builders registered either serious or some shortages in three categories of building products which are appliances (88%), transformers (86%), and windows and doors (83%).
The availability of lumber products improved since May 2021, which is consistent with the concurrent decline in lumber prices.