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Why are lumber prices surging right now?

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Consumers are looking to reclaimed lumber after the recent rise in regular lumber rates. Currently, the industry is expecting a 4% development by 2028. #FoxBusiness

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Why are lumber prices surging right now?

Consumers are turning to reclaimed lumber after the recent surge in regular lumber prices. Now, the industry is expecting a 4% growth by 2028. #FoxBusiness

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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