Colorado Lumberyards Hurting During Slumping Economy

By: Associated Press
By: Associated Press

DENVER (AP) -- Colorado lumberyards are shutting down and thousands are losing their jobs across the country as homebuilders have scaled back on construction.

At least a dozen Colorado lumberyards have closed in the last two years as demand for materials has decreased. One supplier, 84 Lumber, had seven locations in Colorado in 2007 but now has only its store in Grand Junction.

The lumberyard industry is struggling as housing starts have declined. The Denver Post reports that housing starts are down 35 percent from last year in the Denver area.

The federal Bureau of Labor Statistics says more than 100,000 building-material workers have lost their jobs in the U.S. since 2006.


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:
KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 38778282 - kktv.com/a?a=38778282
Gray Television, Inc.