Gas Prices Set To Fall, But Small Hikes for Some Materials in 2019

摘要

Lumber's escalation rate is slowly declining, after a prolonged period of double-digit price increases. The ENR 20-city average price for the most common types of lumber is up 6.9% over this time last year, after a 10.4% hike at the end of the first quarter of 2018. Following steel tariff-related uncertainty in 2018, price increases have steadied. ENR's 20-city average price for steel is up 5% in 2019, while IHS Markit expects small hikes in several steel products over the year.