Housing Starts Increase In April
Housing starts across the U.S. increased in April 2.2% to 1.4 million according the U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction report released May 17. Notably, this is 22.3% lower than April 2022’s 1.8 million. Single-family home construction increased 1.6% to its highest level so far in 2023. Starts of apartment buildings and other multifamily projects also rose: The April rate for units in buildings with five units or more was 542,000.
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Good Times Don’t Last Long Sometimes
Article by Rich Donnell, Editor-In-Chief, Timber Processing June 2021 – Never—for as long as we’ve been conducting an annual Sawmill Operations & Capital Expenditure Survey—have softwood lumbermen and hardwood lumbermen in the U.S. expressed at…
Katerra Digs Too Deep Of A Hole: Anybody Want A New CLT Plant?
Rumors abound over which company will purchase the Katerra cross-laminated timber facility in Spokane, Wash. The new CLT plant is now part of Katerra’s Chapter 11 bankruptcy filing…
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