Lumber Prices Skyrocket
The economy is slowly taking a turn for the better, so some local contractors are seeing more people building. But with more demand, comes an increased cost for materials, like lumber. Studies show there's almost a 60% rise in the cost of wood in the past year, and local contractors are personally seeing the rising cost. Contractors told 9&10 News they are trying to find ways to dodge those increasing prices, like pre-buying lumber at a cheaper cost. 9&10's Cali O'Rourke and photojournalist Corey Petee were out in Ludington today and spoke with several contractors, they have more details on how they're trying to stay competitive in such tough conditions.