Producer Price Index for lumber, a group inside the WPU08 lumber and wood products major group, covering WPU0811 (Softwood Lumber) and WPU0812 (Hardwood Lumber) together rather than either grade alone. Index base: 1982 = 100.
Latest value
286.633
Index · as of Aug 2026
Year-over-year change
+10.3%
BLS
Month-over-month change
-1.5%
Latest value is 1 month old. Next update expected around Sep 2026.
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Price history
Data & insights
Key figures
From Jan 2024 to Aug 2026 the index went from 246.5 to 286.6, a change of +16.3%.
Highest reading in that period: 291.0 in Jul 2026. Lowest: 246.5 in Jan 2024.
Largest one-month rise: +3.8% in Jul 2026. Largest one-month fall: -2.5% in Sep 2025.
For a clause that resets its base every year, a 10% cap or floor would have limited the adjustment in 2 of the last 20 months.
Volatility (12mo)
±1.90%
Std. dev. of month-over-month change
Strongest average month-over-month move historically: February (+1.8% avg).
What this means for your clause
Framing and general timber supply contracts that buy a mix of softwood and hardwood stock cite this blended series, while a contract buying structural framing lumber specifically should use the softwood-only series instead, since softwood and hardwood prices swing on different demand cycles.
Draft a clause
A starting point citing this series by name and code. Replace the bracketed terms with your contract's actual scope before use.
The [affected portion] of the Contract Price shall be adjusted using US PPI — Lumber (BLS series WPU081), published by BLS.
Base Period: the index value published for August 2026 (or the month of contract signing, if different) is the Base Value.
Adjustment: at each Adjustment Date, the Current Value is the most recently published three-month average of the index (the Averaging Window). The Escalation Factor equals Current Value divided by Base Value.
Cap: the Escalation Factor applied under this clause shall not exceed 1.10 or fall below 0.90 (a 10% cap and floor) in any single Adjustment Date, regardless of the index's actual movement.
[Replace bracketed terms with your contract's actual affected-portion definition and adjustment-date schedule before use. This is a drafting starting point, not legal advice.]
A lumber PPI escalation clause compares a current-period Producer Price Index value for the softwood lumber series to the value at contract signing (the base period), turns that into a ratio, then applies the ratio to the contract price or affected line items. Clauses typically name the exact BLS series code, an averaging window, a publication lag, and a cap limiting the maximum adjustment.
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