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Daily Bread for 5.29.25: Higher Lumber Prices Will Affect Homebuilding

Good morning.

Thursday in Whitewater will be partly sunny with a high of 70. Sunrise is 5:20 and sunset is 8:24, for 15 hours, 4 minutes of daytime. The moon is a waxing crescent with 8.9 percent of its visible disk illuminated.

Whitewater’s Police & Fire Commission meets at 6 PM.

On this day in 1848, Wisconsin enters the Union:

Wisconsin was admitted to the Union by act of Congress on May 29, 1848. As soon as possible after the close of the second [state] constitutional convention, notice was given in Congress (Feb. 21, 1848), by the territorial representative, the Hon. John H. Tweedy, of his intention to introduce a second bill for the admission of Wisconsin into the Union (the first bill had not taken effect because the voters of Wisconsin rejected the first, 1846, draft constitution).

March 13, 1848, the people of the territory voted on the new constitution, and it was approved by a vote of 16,799 to 6,384. On March 16, President Polk in a special message submitted to Congress the Wisconsin constitution with accompanying documents. On March  20, Mr. Tweedy introduced his bill, which on April 13 was favorably reported from the committee on territories, read first and second times and referred to the committee of the whole. It was made a special order for May 9, and on the 11th was engrossed, read a third time and passed. The Senate at once took action, and a week later, May 19, the bill was concurred in and ten days later, May 29, was approved by the president.


How higher lumber prices will impact homebuilders:

Volatile lumber prices are once again rattling the U.S. housing market, squeezing builders and threatening to exacerbate an already dire affordability crisis. Though lumber avoided inclusion in the latest round of tariffs, the Trump administration has signaled growing interest in tightening trade restrictions, which could also increase lumber prices.

Glacier collapses burying evacuated Swiss village in mud and rocks:

A huge section of a glacier in the Swiss Alps has broken off, causing a deluge of ice, mud and rock to bury most of a village evacuated earlier this month due to the risk of a rockslide.

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