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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Canadian, U.S. Timber Markets See Same Issues In Different Ways
Canadian, U.S. Timber Markets See Same Issues In Different WaysLike a pair of fraternal twins, the timber markets of the United States and Canada don't quite look identical. In the West, both sides cut conifers mainly for the U.S. housing market. The industries each...
Maine’s Katahdin Forest Products Mulls Sawmill Expansion
Maine’s Katahdin Forest Products Mulls Sawmill ExpansionKatahdin Forest Products, the Oakfield-based maker of cedar log homes, is considering expanding its sawmill in Ashland at the same time that a lumber dispute between the U.S. and Canada leaves a cloud of...
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