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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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SFPA Receives $1.24M In RAPP Funding

SFPA Receives $1.24M In RAPP FundingThe Southern Forest Products Assn. (SFPA) has received approval for $1.24 million in funding over five years from the USDA Foreign Agricultural Service’s Regional Agricultural Promotion Program (RAPP). The USDA announced the funding...

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