30
Sep
NAHB Conveys Urgent Concerns on Lumber with Commerce Secretary
NAHB Senior Officers and senior staff held a 30-minute virtual meeting with Commerce Secretary Wilbur Ross on Sept. 25 to discuss the growing problem that escalating lumber prices and supply shortages are having on the housing industry and economic recovery.
During the discussion with NAHB leaders, Ross repeatedly acknowledged how “critical” housing is to the U.S. economy.
NAHB Chairman Chuck Fowke and Second Vice Chairman Jerry Konter told the secretary how higher costs are affecting their businesses, with Konter adding that his business is planning for reduced sales due to higher lumber costs.