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Lumber Futures Slide Amid Oversupply And Housing Weakness

Microsoft NewsBenzinga

Lumber Futures Slide Amid Oversupply And Housing Weakness

Lumber futures have dropped 24% since early August, signaling Wall Street concerns about trade uncertainty, a weakening housing market, and potential economic trouble, according to The Wall Street Journal. Falling wood prices are seen as a key warning sign for downturns in the housing market and the broader economy. Lumber prices have swung ...

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