Finally. By July it looks like prices on lumber are finally coming down around here. May lumber prices hit an all-time high, but they are seeing a decline. The drop in prices won't bring the prices back to where they were, but they will be MUCH better.
In the years since Buffalo's glory days, heavy industry has been replaced with financial services, medical research, technology and education. And Buffalo has seen slight growth over the past few years, although its been ever so slight.
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Job growth in May beat economists' expectations, coming in at 175,000 new positions added, which aligns closely with the yearly average. The unemployment rate rose ever so slightly, from 7.5 percent to 7.6 percent, a result of more people entering the work force, according to the Labor Department.