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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Global Softwood Lumber Trade Forecasted To Increase In 2016
Global trade of softwood lumber is forecasted to increase by almost 14% in 2016, driven by higher wood demand in China and the US, according to the Wood Resource Quarterly. The World Trade Organization (WTO)…
Trump’s ‘Get Tough’ Trade Plan Could Benefit Maine Lumber Industry
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Maine sawmills and timber harvesters could benefit if President-elect Donald Trump goes through with a draft plan to aggressively renegotiate trade terms for competing softwood lumber imported from Canada. A Trump…
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