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Construction Economy

🏗Timber Shortage Driving Up Construction Costs | Lumber Futures up 180%

Timber shortages are driving up construction costs

#Timber #Lumber #HeiseSays

https://youtu.be/mzKOhy_Sg6U
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Timber shortages are driving up construction costs due to high demand, while global supply is reduced because of bushfires, and industry expectations of reduced demand.

References

https://fbx.freightos.com/freight-index/FBX02

https://www.marinetraffic.com/en/ais/home/centerx:90.8/centery:9.2/zoom:3