Dock Treece Good News Wednesday December 16, 2020
Update: 2020-12-16
Description
Good news Wednesday and stocks come through. All three major indices were up as Congress inches toward another covid relief package.
Lumber prices are up 120% since April but have moderated since September. Lumber cost has added, on average. $16,000 to the cost of a single family house.
A real life story about customer service.
A quote from the WSJ story, "Industrial production decreased sharply in March and April as the coronavirus pandemic took hold in the U.S., but has gradually recovered in subsequent months. The pace of gains slowed in late summer and into the fall, however, and output overall in November remained 5% below February levels, according to the Fed."
Lumber prices are up 120% since April but have moderated since September. Lumber cost has added, on average. $16,000 to the cost of a single family house.
A real life story about customer service.
A quote from the WSJ story, "Industrial production decreased sharply in March and April as the coronavirus pandemic took hold in the U.S., but has gradually recovered in subsequent months. The pace of gains slowed in late summer and into the fall, however, and output overall in November remained 5% below February levels, according to the Fed."
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