Slowing! US Framing Lumber Collapses In 2018 As Economy Slows (But Still Above 2%)

Ain’t this a kick in the head!

The US Framing Lumber Composite Index for December collapse. No, it isn’t just a seasonal effect since it hasn’t been happening in recent years. Just in 2018.

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The decline is coinding with a general economic slowdown, although the various Fed Nowcasts are still above 2%.

fedfollu

Even Nicolas Cage knows it is slowing.

269850-knowing

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