Economic Tidbits


“As people started nesting in response to the pandemic, they started undertaking all sorts of home renovation projects . . . At the same time, sawmills started shutting down and have only partially reopened because of social distancing concerns.” National Association of Home Builders chief economist Robert Dietz commenting on lumber prices increasing more than 160 percent adding about $16,000 to the cost of a new house. Van Trump Report, Kevin Van Trump, September 8, 2020.

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