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The Producer Price Index for final demand increased 6.2 percent from April 2020 to April 2021. Producer prices for lumber rose 89.7 percent for the year ended April 2021, the largest 12-month advance since the data were first collected in January 1927.
Month | Processed goods for intermediate demand: index | Processed goods for intermediate demand: 12-month percent change | Lumber and wood products: index | Lumber and wood products: 12-month percent change | Lumber: index | Lumber: 12-month percent change | Softwood lumber: index | Softwood lumber: 12-month percent change | Hardwood lumber: index | Hardwood lumber: 12-month percent change |
---|---|---|---|---|---|---|---|---|---|---|
Jan 2018 |
100.0 | 4.7% | 100.0 | 6.2% | 100.0 | 10.9% | 100.0 | 14.5% | 100.0 | 5.4% |
Feb 2018 |
100.8 | 4.8 | 102.1 | 7.2 | 105.2 | 12.8 | 106.9 | 17.0 | 102.0 | 5.9 |
Mar 2018 |
101.0 | 4.8 | 103.1 | 7.5 | 106.7 | 13.5 | 109.0 | 17.5 | 102.3 | 6.5 |
Apr 2018 |
101.6 | 4.8 | 103.2 | 6.6 | 105.8 | 10.4 | 107.3 | 11.3 | 103.1 | 8.5 |
May 2018 |
103.2 | 6.2 | 105.2 | 8.5 | 110.7 | 14.2 | 113.9 | 16.6 | 104.9 | 9.6 |
Jun 2018 |
104.1 | 6.6 | 106.6 | 10.0 | 113.0 | 17.8 | 117.3 | 23.4 | 105.0 | 7.7 |
Jul 2018 |
104.2 | 6.7 | 105.7 | 9.0 | 110.1 | 14.3 | 113.9 | 19.2 | 103.0 | 5.7 |
Aug 2018 |
104.3 | 6.4 | 103.8 | 6.3 | 102.8 | 4.3 | 103.3 | 5.1 | 102.0 | 2.9 |
Sep 2018 |
104.6 | 6.0 | 102.9 | 5.4 | 101.2 | 3.3 | 101.9 | 4.5 | 99.9 | 1.1 |
Oct 2018 |
104.7 | 6.1 | 101.1 | 2.3 | 95.1 | -4.2 | 91.9 | -8.2 | 100.9 | 3.0 |
Nov 2018 |
103.5 | 4.5 | 99.7 | 0.8 | 92.9 | -6.9 | 89.1 | -10.9 | 99.7 | 0.5 |
Dec 2018 |
102.0 | 2.8 | 99.8 | 0.5 | 93.7 | -5.5 | 90.1 | -9.2 | 100.5 | 1.0 |
Jan 2019 |
101.2 | 1.2 | 99.8 | -0.2 | 93.2 | -6.8 | 89.6 | -10.4 | 100.0 | 0.0 |
Feb 2019 |
101.4 | 0.6 | 100.6 | -1.5 | 95.8 | -8.9 | 94.0 | -12.0 | 99.1 | -2.9 |
Mar 2019 |
102.1 | 1.2 | 100.4 | -2.6 | 94.8 | -11.2 | 92.8 | -14.9 | 98.4 | -3.7 |
Apr 2019 |
102.5 | 0.9 | 100.7 | -2.4 | 94.4 | -10.8 | 91.9 | -14.4 | 99.0 | -4.0 |
May 2019 |
102.5 | -0.7 | 100.3 | -4.6 | 93.6 | -15.4 | 91.8 | -19.4 | 96.9 | -7.6 |
Jun 2019 |
101.7 | -2.3 | 99.4 | -6.8 | 91.3 | -19.2 | 88.7 | -24.4 | 96.1 | -8.5 |
Jul 2019 |
101.8 | -2.3 | 99.7 | -5.7 | 93.2 | -15.4 | 91.9 | -19.3 | 95.5 | -7.3 |
Aug 2019 |
101.2 | -3.0 | 99.2 | -4.3 | 92.7 | -9.8 | 92.4 | -10.6 | 93.3 | -8.5 |
Sep 2019 |
100.9 | -3.5 | 99.4 | -3.4 | 93.6 | -7.5 | 94.2 | -7.6 | 92.5 | -7.4 |
Oct 2019 |
100.7 | -3.8 | 99.2 | -1.9 | 92.6 | -2.6 | 93.1 | 1.2 | 91.7 | -9.1 |
Nov 2019 |
100.5 | -2.9 | 99.1 | -0.6 | 92.5 | -0.4 | 93.5 | 4.9 | 90.7 | -9.1 |
Dec 2019 |
100.3 | -1.7 | 99.2 | -0.5 | 93.2 | -0.6 | 94.6 | 5.0 | 90.7 | -9.8 |
Jan 2020 |
100.2 | -1.0 | 99.3 | -0.5 | 93.0 | -0.2 | 94.9 | 5.9 | 89.8 | -10.2 |
Feb 2020 |
99.4 | -2.0 | 100.3 | -0.3 | 95.5 | -0.3 | 98.5 | 4.8 | 90.1 | -9.1 |
Mar 2020 |
98.1 | -4.0 | 101.8 | 1.3 | 98.6 | 4.0 | 103.1 | 11.2 | 90.2 | -8.4 |
Apr 2020 |
94.7 | -7.6 | 99.7 | -1.0 | 90.8 | -3.8 | 91.0 | -0.9 | 90.3 | -8.7 |
May 2020 |
95.1 | -7.2 | 100.2 | -0.2 | 93.7 | 0.1 | 95.4 | 4.0 | 90.6 | -6.5 |
Jun 2020 |
96.6 | -5.0 | 102.5 | 3.1 | 99.9 | 9.5 | 105.4 | 18.9 | 89.9 | -6.5 |
Jul 2020 |
98.1 | -3.7 | 105.6 | 5.9 | 107.0 | 14.9 | 116.3 | 26.4 | 90.0 | -5.7 |
Aug 2020 |
98.9 | -2.3 | 111.7 | 12.5 | 119.9 | 29.3 | 135.9 | 47.1 | 90.7 | -2.8 |
Sep 2020 |
99.3 | -1.6 | 120.4 | 21.1 | 142.9 | 52.7 | 171.1 | 81.6 | 91.2 | -1.4 |
Oct 2020 |
99.8 | -0.9 | 117.7 | 18.7 | 133.7 | 44.4 | 156.4 | 68.1 | 92.0 | 0.3 |
Nov 2020 |
100.4 | -0.2 | 112.3 | 13.3 | 117.3 | 26.8 | 128.4 | 37.3 | 96.9 | 6.9 |
Dec 2020 |
101.8 | 1.5 | 115.8 | 16.6 | 129.4 | 38.8 | 145.9 | 54.3 | 99.1 | 9.2 |
Jan 2021 |
103.3 | 3.1 | 122.0 | 22.8 | 142.4 | 53.1 | 164.1 | 73.0 | 102.7 | 14.5 |
Feb 2021 |
105.9 | 6.6 | 125.5 | 25.1 | 151.8 | 58.9 | 177.1 | 79.7 | 105.3 | 16.9 |
Mar 2021 |
110.4 | 12.5 | 131.1 | 28.8 | 162.9 | 65.3 | 189.1 | 83.4 | 114.8 | 27.3 |
Apr 2021 |
112.1 | 18.4 | 136.0 | 36.5 | 172.2 | 89.7 | 201.3 | 121.1 | 118.9 | 31.6 |
Note: January 2018 = 100 |
Within lumber, producer prices for softwood lumber increased 121.1 percent, while producer prices for hardwood lumber rose 31.6 percent from April 2020 to April 2021. Producer prices for processed goods for intermediate demand increased 18.4 percent, the largest 12-month advance since February 1980.
These data are from the Producer Price Indexes program and are not seasonally adjusted. To learn more, see "Producer Price Indexes — April 2021." Producer price indexes measure prices U.S. producers receive for goods, services, and construction. Processed goods for intermediate demand are commodities businesses sell to other businesses. All producer price data are subject to revision once, 4 months after initial publication. Also see Charts related to the latest "U.S. Producer Price Indexes" news release.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices for lumber up 89.7 percent for the year ended April 2021 at https://www.bls.gov/opub/ted/2021/producer-prices-for-lumber-up-89-7-percent-for-the-year-ended-april-2021.htm (visited October 31, 2024).