Lumber Index Reports
What are they? Where can I get them?
A third-party lumber index helps lumber buyers keep track of what they should be paying for different types of lumber. While an index is rarely used for pricing directly, its value is in the trends that are revealed. If the index is decreasing, for example, and you haven’t also received a decrease from your vendor, it is a good place to start a conversation.
There are a two major lumber index publications that I recommend:
We can help you understand how to use these market reports. Specifically, we will use these reports to identify cost saving opportunities through market trend awareness and possible lumber substitutions.
These indices are subscription based.
Do you have questions? Reach out! We’d love to hear from you.