By Don Magruder
The Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index) declined in February by .3% to $29,462.33 as commodities and lowering fuel costs pressured most commodity pricing downward. The vast majority of the items on the Index stayed flat and only five items eked out minor gains. While some manufacturers and mills would like to increase pricing, most are having a hard time making anything stick.
The following are the notable movers since mid-January:
The Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index is based on wholesale costs of the base components to build a 2,200 square foot wood frame home with a concrete stem wall in Central Florida. The Index includes foundation, metal, concrete, block, stucco, cement, wood framing, siding, sheathings, trusses, roofing, drywall, insulation, windows, doors, trim, garage doors, and most building hardware. It does not include décor, electrical, plumbing, mechanical, landscaping, or labor. Because the Index uses current wholesale costs, this should be a strong indicator of the direction of building prices for the next 30-45 days.
Don Magruder is the Chief Executive Officer of Ro-Mac Lumber & Supply, Inc. in Central Florida. Go to www.romaclumber.com to sign-up for the Index and other free market reports. To sign-up for this information via email, contact Rebecca Ballash at