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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Labor, Materials Issues Cause Project Delays
The same labor availability issues that have plagued forest products manufacturers since the COVID pandemic began are also plaguing builders as the economy seeks to rebound. According to a survey of more than 2,000 construction companies…
SFPA Expo Gets It Done, TP&EE 2022 Next Up
Article by Rich Donnell, Editor-In-Chief, Timber Processing September 2021 – A tip of the cap goes to Eric Gee, executive director of Southern Forest Products Assn., and his SFPA team for producing an excellent machinery exposition in mid-August at the Georgia World Congress Center in Atlanta…
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