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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Weyco Wood Fiber Will Feed Aymium Biocarbon
Weyco Wood Fiber Will Feed Aymium BiocarbonWeyerhaeuser Co. and Aymium entered a memorandum of understanding (MOU) to partner to produce and sell 1.5 million tons of sustainable biocarbon annually for use in metals production. As an initial stage of this partnership,...
U.S. Lumber Coalition Pulls No Punches With New Year Statement
U.S. Lumber Coalition Pulls No Punches With New Year StatementSoftwood lumber prices remain at historically low levels. Prices today are 54% lower than their 1975 average and 49% lower than their 1995 average, adjusted for inflation, yet Canada and the National Assn....
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