My #2 son sold his 2017 Jeep with 15k miles for the same price he purchased it 4 years agi!
Our production manager and his crew had to crate up a rush order from a customer -- usually we have a crate from ULine but this needed to be delivered tomorrow via Express Freight-- so they went to HD to purchase materials. Price of some lumber has increase 40% in just a few weeks.
Titanium Dioxide -- try finding it.
Our production manager and his crew had to crate up a rush order from a customer -- usually we have a crate from ULine but this needed to be delivered tomorrow via Express Freight-- so they went to HD to purchase materials. Price of some lumber has increase 40% in just a few weeks.
Titanium Dioxide -- try finding it.
Lots of things have really increased in price over the last year or so. Look at the price of semiconductors for example.
Lumber is insane and still climbing. We get quotes guaranteed for a couple of days or a week at most. Looking now for some good stuff, vertical grain fir etc and it is priced like they need to melt gold bars to make it.
I work for a financial institution so the raw material is money, which is actually pretty cheap right now.
The fence around my house needs replacing. It was constructed with this crosshatch palisade top decoration, which I've been busting out after too many section fails due to rot, falling limbs smashing them.
The (jerk) previous owner painted it, which just caused the cedar framing to hold water and rot in places. Lots of the crosshatch section framing material still OK, but has paint on it.
To save about 30 8', 2 X 1" sticks, I took my table saw and planed off all 4 edges; well they're no longer 2 X 1", but still useful material for gardening posts, frames and arbors. My wife wouldnt accept them with the paint on...
I better get looking for those taller fence boards, before they go over $5 each or something.
A year ago, the grade of steel we use the most of was $.30/lb or thereabouts, it's $.72 now and is going to be over $.80 next order. That's a $20K increase on a typical 40,000lb truckload.
My neighbor is a handyman and does a lot of finishing basements and decks. There is the cost of raw material and then in Ontario there is a lockdown on now. He orders something and days later gets a call to pick it up. There is one job he is doing that was a one day job but he waited 4 days for supplies to do it. It makes it hard to organize for a single person business.
More money chasing less goods and services, prices go up. Sounds scary if prices have doubled in a year. Could go parabolic, at least the stimulus has.
Sheet metal is seeing increased prices at an alarming rate here.
Suppliers of products made in part of sheet metal (like electrical enclosures), are giving us updated quotes each week or two in two weeks. Price hikes are usually at the 8~10% mark each time.
Not to mention electronics. That market is just crazy right now. And I don't mean prices. We're seeing deliveries that were usually made two to three weeks after ordering are beeing pushed to anything between two months to half an year! 29 weeks for simple capacitors, for example.
Suppliers of products made in part of sheet metal (like electrical enclosures), are giving us updated quotes each week or two in two weeks. Price hikes are usually at the 8~10% mark each time.
Not to mention electronics. That market is just crazy right now. And I don't mean prices. We're seeing deliveries that were usually made two to three weeks after ordering are beeing pushed to anything between two months to half an year! 29 weeks for simple capacitors, for example.