Vincent Salandro is an associate editor for Builder. He covers products for the Journal of Light Construction and also has stories appearing in other Zonda publications. He earned a B.A. in journalism and a B.S. in economics from American University.
Supply-side limitations, such as mill curtailments and forest fires, coupled with housing strength have caused lumber prices to rise in recent months.
Economists share the data and indicators builders should monitor in the spring months to track the health of the economy.
Shocks to the economy suggest the Federal Reserve may temper short-term interest rate hikes, while new-home sales rates rebounded in February.