Wisconsin Builders Could Feel Effects From Katrina; Gulf Coast Work Might Put Pressure On Supplies, Prices

Summary

---

Rebuilding the devastated Gulf Coast could result in shortages of construction materials nationwide, increasing expenses for builders in states such as Wisconsin.

Some of the shortages could be temporary, as the United States imports more lumber and other materials to meet a crushing demand and stem runaway prices. With a little luck, some trade associations said, the government will be convinced to reduce or eliminate trade barriers on cement from Mexico and lumber from Canada.

See the full content of this document

Extract

---

Wisconsin Builders Could Feel Effects From Katrina; Gulf Coast Work Might Put Pressure On Supplies, Prices

"We may see some relief in December," said Ken Simonson, chief economist for Associated General Contractors of America.

Hurricane Katrina had an immediate effect on the lumber and cement industries. Gulf Coast timber mills were knocked out of service, and cement imports bou...

See the full content of this document

---