The COVID-19 pandemic caused supply chain interruptions across industries, from toilet paper and cleaning supplies, to red meat. Although most states have resumed close to “normal” capacity and operations, the nation still faces an historic and unprecedented lumber shortage. As a result of this perfect storm, prices for lumber and other building materials have skyrocketed since the start of the pandemic, and have only just begun to fall, as the increasing supply struggles to catch up with still very high demand.
Continue Reading Pandemic Demand Causes Unprecedented Building Supply Shortage
