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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Arkansas Government Asks 120 Sawmills To Participate In Survey
Arkansas will ask 120 of its active sawmills to participate in a survey, which will allow it to construct year-end harvest and production reports. "The Timber Products Output Survey (TPO) helps us better understand the forest industry, and increases the visibility and...
Maine’s Hancock Lumber Acquires Mainely Trusses
Maine’s Hancock Lumber Acquires Mainely TrussesHancock Lumber of Casco said Monday that it has acquired Mainely Trusses, a roof and floor truss manufacturer based in Fairfield. The acquisition will add a new product line to Hancock’s manufacturing portfolio, the...
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