It's more than one data point. I've checked the price at least once a week for three months and a day now. This is the first price change and it was a decrease. The MSM constantly says tariffs most always increase the price.
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Copper tariffs
- Thread starter 865resi
- Start date
ModbusMan
Senior Member
- Location
- Cleveland, OH
- Occupation
- Building Automation Engineer
All else being equal, and taken in isolation, this is true. However, you're dealing with an entire global economy, and said economy doesn't seem very healthy right now. Sure, the stock markets are "soaring" to new heights, but they're being driven by a select handful of very big names to such an extent that even the financial media is starting to question the wisdom of their weighting, as under the froth is a very different story, and any tariff-induced cost increases are likely being offset/overshadowed by demand destruction.The MSM constantly says tariffs most always increase the price.
jaggedben
Senior Member
- Location
- Northern California
- Occupation
- Solar and Energy Storage Installer
Okay don't draw conclusions from three weeks of data from one supplier, either. That's still a tiny amount of data, and since it only contains one price change really still only one data point. It's not a medium term trend in fact it's not a trend at all.It's more than one data point. I've checked the price at least once a week for three months and a day now. This is the first price change and it was a decrease. The MSM constantly says tariffs most always increase the price.
My normal suppliers have slightly increased prices recently. So that's a counterpoint to what you're seeing, and taken together our experiences still aren't remotely close to enough data to tell what prices are doing on average nationally.
VirutalElectrician
Senior Member
- Location
- Mpls, MN
- Occupation
- Sparky - Trying to be retired
I've been tracking the price of 12/2 at menards for a long time. It was sitting at $99 after 11% since Covid ended. For the last 12 months it's been jumping over that, and back down to $99. It's currently at $123 after 11%, so the price trend is up.
However, the problem with tracking Romex is that it's also affected by the price of PVC, which has also been tracking down since Covid ended.
The price of a stick of 1/2 PVC was $.89 after 11% just before Covid. It jumped up to a high of around $8! It's now down to just over $5 after 11%.
However, the problem with tracking Romex is that it's also affected by the price of PVC, which has also been tracking down since Covid ended.
The price of a stick of 1/2 PVC was $.89 after 11% just before Covid. It jumped up to a high of around $8! It's now down to just over $5 after 11%.