Lumber fell to 612.13 USD/1000 board feet on July 3, 2025, down 0.47% from the previous day. Over the past month, Lumber's price has risen 3.47%, and is up 37.26% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lumber - values, historical data, forecasts and news - updated on July of 2025.

The price of lumber in the United States fluctuated widely over the last five years, from a low of 240 dollars per 1,000 board feet in January 2016 to a peak of over 1,500 dollars in April 2021. This overall increase has not been linear though, with, for example, lumber prices falling by around 50 percent between June and September 2018, and again between August and October 2020. The value fell again by around 75 percent between May and August 2021. As of the end of December 2024, the price of lumber stood at 550.5 U.S. dollars per thousand board feet. Which nations are at the forefront of lumber production? The production of lumber is dependent on the availability of forest resources, market demand, and technological advances. Sustainable forest management practices a continuous supply of timber, while economic factors and construction activity drive demand. Among the countries countries with the largest production of lumber were China and the United States. Other countries with a relatively high lumber production rate were Russia, China, and Brazil.

Non-seasonal prices paid for softwood lumber in the United States have remained relatively stable since 2023, after reaching a peak in March 2022. While the price of softwood lumber in May 2021 was valued at over 581 index points, that figure dropped to 274 in September of that year. The price of softwood veneer and plywood in the United States has also followed a similar trend.

Interactive chart of historical daily lumber prices back to 1972. The price shown is in U.S. Dollars per thousand board feet.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: All Other Miscellaneous Wood Products (WPU08490901) from Jun 1984 to May 2025 about miscellaneous, wood, commodities, PPI, inflation, price index, indexes, price, and USA.

The price of lumber has seen both an overall increase, and large amounts of volatility since 2019. From its low in early April 2020 to its peak in May 2021, the price per 1,000 board feet of lumber increased almost sevenfold, reaching ***** U.S. dollars. Yet, after reaching this peak the price then fell to below *** U.S. dollars per 1,000 board feet in August 2021 before rising again to reach over 1,000 U.S. dollars in the beginning of 2022. Since then, the price per 1,000 board feet of lumber decreased overall, reaching *** U.S. dollars as of January 29, 2025.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Lumber was 279.04900 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Lumber reached a record high of 316.10800 in May of 2022 and a record low of 24.30000 in January of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Lumber - last updated from the United States Federal Reserve on July of 2025.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Lumber was 277.36400 Index 1982=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Lumber reached a record high of 462.00000 in May of 2021 and a record low of 4.50000 in August of 1932. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Lumber and Wood Products: Lumber - last updated from the United States Federal Reserve on July of 2025.

Series Is Presented Here As Two Variables-- (1)--Original Data, 1913-1951 (2)--Original Data,1947-1954. See 1931 Bls Bulletin For Revisions From 1926-1931. Beginning In 1935, Revised Indexes Are Based Upon A Larger Sample Of Lumber Prices And An Improved Method Of Weighting Is Used. The Price Data Were Not Available For An Adequate Number Of Types Of Lumber To Make It Feasible To Compute Revised Indexes Prior To January, 1935. However, A Continuous Index (1926=100) Has Been Constructed Using The Revised Index For January, 1935 At The Same Level As The Series Which It Replaces. In October, 1940, The Bls Lumber Index Was Revised Back To January, 1935. Figures For November And December, 1942, Were Shown In Monthly Wholesale Prices (Mimeographed) For April, 1944; Not Published Elsewhere. Figures For September-December, 1943 Were Shown In Monthly Wholesale Prices (Mimeographed) For June 1945; Not Published Elsewhere. After December, 1951, Index On 1926 Base Was Discontinued. Source: Bls Bulletin Of 1930 And Following Issues Of "Wholesale Prices" Through 1941; Bls Bulletin Nos. 736, 759, 785, 870, 877, 920, 947, 973, 1007, And 1083 Through 1950; Monthly Labor Review, 1952 Issues For 1951.

This NBER data series m04164a appears on the NBER website in Chapter 4 at http://www.nber.org/databases/macrohistory/contents/chapter04.html.

NBER Indicator: m04164a

United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Made from Purchased Lumber was 270.48400 Index Dec 2003=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Made from Purchased Lumber reached a record high of 334.29300 in March of 2022 and a record low of 100.00000 in December of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Made from Purchased Lumber - last updated from the United States Federal Reserve on June of 2025.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber was 263.98400 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber reached a record high of 565.70000 in May of 2021 and a record low of 57.10000 in January of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber - last updated from the United States Federal Reserve on July of 2025.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Flooring, Other Than Oak and Maple was 148.43700 Index Dec 2011=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Flooring, Other Than Oak and Maple reached a record high of 153.88900 in March of 2023 and a record low of 99.60000 in February of 2012. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Flooring, Other Than Oak and Maple - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Index of Wholesale Prices of Lumber for United States (M0464AUSM336NNBR) from Jan 1913 to Dec 1951 about wood, wholesale, price index, indexes, price, and USA.

Throughout the timeline, hard sawn wood has had higher prices than any other type of timber. In 2024, its price amounted to ****** U.S. dollars per cubic meter, which is twice higher than that of hard timber logs. During that period, soft logs were the cheapest type of timber at approximately ****** U.S. dollars per cubic meter. Meanwhile, lumber prices in the U.S. fluctuated a lot between 2020 and 2022.

Lumber wholesalers distribute a wide range of lumber, plywood, millwork and wood panel products to contractors, home improvement stores, hardware stores and other miscellaneous buyers, like government agencies, businesses for end use, consumers and farms. The industry has faced severe volatility through most of the current period as a result of the pandemic, massive supply chain disruptions and surging interest rates. In particular, higher rates offset growth realized at the start of the pandemic from torrid housing starts and home improvement markets, leading to five-year declines in the industry. Overall, revenue has faltered at an expected CAGR of 1.1% to $150.7 billion through the current period, despite a 1.3% jump in 2025, where profit reached 4.3%. Supply chain disruptions have also had an outsized impact on the industry's performance. In particular, major lumber shortages caused prices to skyrocket more than 36.0% in 2021. Wholesalers faced shrinking inventories and heightened demand from housing markets, with demand overwhelming availability. Companies were able to heavily raise prices, reaping 14.0% growth in the year. As prices ebbed and construction markets cooled, revenue dropped significantly, erasing gains from the start of the current period. In general, the cyclical nature of construction markets contributes to major boom-or-bust cycles. Lumber wholesalers will continue to contend with uncertainty through the outlook period. While interest rate cuts in 2024 and 2025 point toward healthier construction markets in the near future, tariffs may likely create economic uncertainty. Additionally, trade policies may introduce new supply chain complexities, raising lumber prices and potentially encouraging contractors to adopt alternative materials in home building. Additionally, companies will start to prioritize cost-saving technology and systems, like robotics and inventory management systems, improving connectivity with buyers and suppliers while reducing labor reliance. Wholesalers will also need to effectively manage inventories, ensuring products meet sustainability standards to attract and retain buyers. Overall, revenue will rebound at an expected CAGR of 2.0% to $166.7 billion through the outlook period, where profit will reach 4.4%.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Logs, Bolts, Timber and Pulpwood was 110.34600 Index Dec 2011=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Logs, Bolts, Timber and Pulpwood reached a record high of 118.22800 in July of 2022 and a record low of 100.00000 in December of 2011. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Lumber and Wood Products: Logs, Bolts, Timber and Pulpwood - last updated from the United States Federal Reserve on July of 2025.

United States - Import Price Index (End Use): Lumber was 104.80000 Index 2000=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Import Price Index (End Use): Lumber reached a record high of 584.10000 in June of 2021 and a record low of 50.80000 in March of 1982. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Import Price Index (End Use): Lumber - last updated from the United States Federal Reserve on June of 2025.

The annual price growth rate of hardwood lumber in the United States fluctuated significantly between 1970 and 2024. During that time, the highest increase was observed in 2021 when hardwood lumber prices increased by 34.9 percent. The producer prices for hardwood lumber fell by 15 percent in 1975.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Prefabricated Stationary Wood Buildings, Components (Not Sold as Complete Units) was 236.62700 Index Dec 1984=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Prefabricated Stationary Wood Buildings, Components (Not Sold as Complete Units) reached a record high of 239.00000 in January of 2025 and a record low of 104.20000 in January of 1990. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Lumber and Wood Products: Prefabricated Stationary Wood Buildings, Components (Not Sold as Complete Units) - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber (WPS0811) from Jan 1975 to Apr 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.