Building supply shortage expected
- Share via
The building industry is gearing up for post-disaster shortages of roofing materials, plywood, wood paneling, windows, sheet rock and concrete.
Rebuilding, however, will not begin for months, after insurance claims are settled, and will go on for years, experts say. Demand, therefore, is expected to evolve slowly, mitigating price increases, said Shawn Church, editor of Random Lengths, a service that tracks lumber prices.
Projects nationwide using concrete, however, may be deferred or abandoned because of Hurricane Katrina, as those resources go into repair efforts in the South, said Michael Carliner, chief economist for the National Assn. of Home Builders.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.