Originally Posted by Rod Kaufman
"Some are predicting a lot of inflation around the corner. Hope it is not as bad as some believe."
It's not. Lumber prices have recently dropped 40%: https://www.ajc.com/news/lumber-prices-see-biggest-drop-in-history-after-historic-highs/L2HEEWAUJFGRDCOIQM2ST2RSU4/
As the Fed had previously noted, and verified in the above link, people reach a point where they're just not willing to pay more for a particular product or commodity and prices begin to moderate. Certain Republicans and their propagandists would like you to believe otherwise but they're wrong, as usual...
You link does say it is still about double what it was before COVID hit.