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Unprecedented Lumber Market Demand Continues into Autumn

2020 has created unique circumstances for various commodity industries. The lumber market has experienced an unprecedented boom that looks, for now at least, to be continuing into autumn. In our last blog on this topic, we discussed the reasons for this unprecedented lumber demand, including low mortgage rates, service-industry businesses adjusting to outdoor seating requirements, and homeowners turning their attention to remodeling and decking projects, among others. Today, we’ll take a look at some hard numbers that highlight how unique the situation in the lumber market currently is.

Lumber Trends as They Currently Stand

As the COVID-19 pandemic began to emerge as a global challenge, the lumber industry expected a huge downturn in demand as lockdown restrictions came into place and businesses waited to learn whether local governments would consider their operations essential. This uncertainty was reflected in the price of lumber, hitting an annual low of $264 per board foot on March 30th of this year. However, as demand exploded rapidly, the price followed suit. It peaked at $948 on September 7th, an increase of 153.48% over the previous year. This staggering trend has been unprecedented within the industry. Since its peak, prices have trended downward. However, even with this downward trend, prices for lumber are still far outpacing the averages for years past. Most recently, the price was $607.60 on September 21st, an increase of 62% over the previous year. Using the chart below courtesy of Davis Hawn, we can see how these trends break down for individual lumber products.

How Long Will the Trend Continue?

Some experts predict that prices will continue to fall as autumn approaches, a typical trend for what is often a seasonal market. However, the degree to which remains to be seen. Even if the prices continue to fall, they will still likely eclipse the monthly averages from last year. The direction of this trend may largely be dependant on whether building companies continue their demand for lumber products or if they too slow down as the weather changes and the uncharted effects of the global pandemic begin to balance out. In the meantime, lumber market prices are still far outpacing predicted prices, and while the trend is slowing, we will still have to wait and see to what degree.

Get the Lumber Products You Need for Your Next Project

Despite the unprecedented times, the team at National Lumber has made it our goal to deliver the lumber products and other building materials you need to you on-time. If you’re ready to get started on your next project, request a quote today.

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Meet Mario Meneghelli Gerard

Our Team is what keeps the gears turning at National Lumber. As such, it’s our pleasure to get to highlight the fantastic people who work for our company. Today, we’d like to introduce to you all Mario Meneghelli Gerard, a General Manager at our flagship Baltimore location.

About Mario

Mario was born and raised in Brazil. When he arrived in the US, he came with few resources and a basic level of English. After working for several years in a retail store, Mario began his journey in the building supplies industry. For the past 16 years, he has stuck with the industry and has been part of the National Lumber team for the past 5 years. As an immigrant and native Portuguese speaker, Mario had to adjust to the challenges of the industry, including learning the vocabulary of specific products.

Mario’s Role at National Lumber

As General Manager of our flagship store in Baltimore, Mario is a familiar face. He takes on a variety of responsibilities to ensure daily operations within the storefront run efficiently. Mario’s responsibilities include sales management, inventory control, merchandising, and purchasing. In addition to his managerial duties, Mario is also heavily involved in sales, helping a huge variety of clients find the right products for their next project.

Construction and general contracting are diverse industries and many clients for whom English is not their first language shop at National Lumber and place orders for building materials. As a speaker of English, Portuguese, and Spanish, Mario is able to assist these clients to ensure they get the materials they need. At National Lumber, Mario has come to appreciate the aspects of working for a family business and within a team environment.

Getting to Know Mario

Over the course of his time at National Lumber, Mario has built personal connections with his clients over mutual interests such as their love of soccer. Together, they formed a soccer team, the Brazucas. When you visit National Lumber, you find a framed team jersey honoring this connection between NL and our customers. Mario is a family man and spends his free time with his wife and son. Currently, he’s trying to teach his son Portuguese. Any chance he gets, you can find Mario on the beach, whether it be Bethany Beach for a short weekend or Jamaica for a longer trip.

Mario Meneghelli Gerard is a staple of the National Lumber team, and an extraordinary person who helps make the experience of our clients the best it can be when they come into our store.

If you need help with your next material order, contact our team today to get started.

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Exploring the Trex Building Materials We Stock

Trex is the industry leader in composite decking products. At National Lumber, we’re proud to stock some of their most popular products. Each Trex decking option is thoughtfully designed to fit the diverse tastes of homeowners. Composite decking materials have overtaken wood as the new standard and for good reason: they offer unparalleled durability, lower maintenance, and are built from recycled materials that help builders and homeowners make an eco-friendly choice with the product they choose. Today, we’ll explore some of the most popular Trex building materials we stock at National Lumber

Trex Enhance

Exceptional Decking to Fit Your Budget

Trex Enhance offers great decking options at an attractive price perfect for your next project. On hand, we stock three of the most popular colors:

Foggy Wharf

Foggy Wharf is the perfect choice for those that like a clean, neutral tone approach to their decking. The soft gray evokes waterfront piers, and brings revitalizes a classic aesthetic with the modern feel of Trex composite decking.

Clam Shell

Clam Shell inverts Foggy Wharf with a deep gray that stands up to dirt. Perfect for those who want to create beautiful color contrast between the darker tone of the decking and vibrant accessories such as railings and furniture.

Beach Dune

Bring the sunny beachfront to your next home build with Beach Dune color of Trex Enhance decking. The sandy brown is the perfect versatile shade to mix and match with rustic outdoor furniture in other earth tones.

Trex Select

Unique Color Options to Build Unbelievable Outdoor Spaces

Trex Select brings luxury decking to your next project at an affordable price. With a great lineup of colors to choose from, select the perfect Trex building materials to create something incredible.

Pebble Grey

Homeowners can feel as if they’re walking along a beautiful lakeshore with this Trex Select color choice. Pebble Grey strikes a strong balance between lighter and darker tone gray options.

Saddle

Evoke the earthen tones of the American West with this standout Trex Select option. Homeowners will love how they can match the color to wooden exterior features of their home such as doors and windows.

Get Trex Building Materials When You Need Them

All of the options we’ve looked at in this blog are stocked in store by National Lumber, allowing us to deliver the decking product you need next-day. Looking for a different Trex product line or color option? We can order them for you at a great price so your project turns out exactly how you envision. National Lumber prioritizes flexibility and efficiency. All of our decking deliveries come equipped with mechanical unloading. Don’t worry about having to take time from your building schedule to lug materials from the front yard to the back. We’ll deliver your decking products directly to where you’re constructing it, saving you time and manpower.

If you’re reading to craft exceptional decks that will be the selling point of your next project, contact the team at National Lumber today. We can help you pick the perfect Trex decking products.