Softwood lumber producer prices increased by 3% in April 2025, continuing an upward movement after a 3% rise in March. Hardwood lumber prices remained flat after gaining 1% the previous month, signaling a pause in recent momentum. Millwork prices edged up by 0.1%, recovering from a 1% decline in March, while plywood dropped 0.4%, reversing a 2% gain in the prior month. The softwood veneer and plywood category fell by 1%, after a 3% increase in March, according to the U.S. Bureau of Labor Statistics.
Overall, the Producer Price Index for final demand declined by 0.5% in April, following no change in March and a 0.2% increase in February. The decrease was driven by a 0.7% drop in final demand services, while prices for final demand goods remained unchanged. On an unadjusted basis, the final demand index rose 2.4% over the 12 months ending in April. Image: Seasonally Adjusted PPI % Changes for Intermediate Demand in the U.S. / U.S. Bureau of Labor Statistic
