Following two months of uptick, U.S. housing starts declined 7% in July from June 2021, showing a seasonally adjusted rate of 1.534 million, which was 2.5% above July 2020, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Single-family starts were at an annual rate of 1.11 million, down 4.5% from June, but up 11.7% over a year ago. Multi-family (five units or more) came in at 412,000, down 13.6% from the previous month and down 16.3% from a year ago.
Housing building permits were at a seasonally adjusted rate of 1.635 million in July, 2.6% above the previous month, and 6% over a year ago. Single-family permits came in at 1.048 million, down 1.7% from June and up 5.5% from the same period last year. Multi-family reached 532,000 in July, up 11.1% over the previous month and ahead of last year by 6.4%.
U.S. housing starts dipped slightly in September to a seasonally adjusted rate of 1.555 million, down 1.6% from August, but 7.4% above September 2020, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly…
By customer request Mellott Manufacturing Co., Inc. is now offering the model 70E log flare butt reducer—designed and built with the same rugged quality as the LMR debarkers and all the Mellott product lines. Adding a log flare butt reducer to a mill infeed system will vastly reduce log handling problems…
USNR and Wood Fiber Group have announced their merger. USNR is an industry-leading global supplier of sawmill and plywood mill machinery, aftermarket parts, and technical and engineering services. Wood Fiber Group is the largest supplier of cutting tools and filing room equipment to the wood products…
George W. Varn, Sr., who broke into the family turpentine business following World War II, and then along with a cousin built a chip mill and a sawmill in the late 1960s in Hoboken, Ga., called Varn Wood Products, and who became one of the patriarchs of the southern pine lumber industry, died September 4 in St. Vincent’s Hospital in Jacksonville, Fla., the same hospital…
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