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Lumber Wipes Out 2021 Gain With Demand Ebbing After Record Boom
Lumber Wipes Out 2021 Gain With Demand Ebbing After Record Boom
(Bloomberg) -- Lumber, which at one point was among the world’s best-performing commodities as the pandemic sent construction demand soaring and stoked fears of inflation, has officially wiped out all of its staggering gains for the year.Prices at Monday’s close are now down 0.6% for the year as demand eases and supply expands in response to earlier gains. The rally turned a common building product into a social media sensation and a flash point in the debate over U.S. monetary policy. At one po
·finance.yahoo.com·
Lumber Wipes Out 2021 Gain With Demand Ebbing After Record Boom
Coffee Prices Soar After Bad Harvests and Insatiable Demand
Coffee Prices Soar After Bad Harvests and Insatiable Demand
The rises threaten to drive up costs at the breakfast table as the world’s biggest coffee producer, Brazil, faces one of its worst droughts in almost a century.
·wsj.com·
Coffee Prices Soar After Bad Harvests and Insatiable Demand
Michigan RV industry continues long, strange trip
Michigan RV industry continues long, strange trip
Jerry Bridges looks at his books and sees black, but nothing else about the numbers over the past year-and-a-half are normal.There's never been so many people looking for an RV or fifth wheel at Lloyd Bridges Traveland in Chelsea. Even so, sales volume is down 40 percent from last year."I can't get…
·crainsdetroit.com·
Michigan RV industry continues long, strange trip