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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USDA Sets Dates For Softwood Check-Off Program Referendum
The U.S. Department of Agriculture’s (USDA) Agricultural Marketing Service (AMS) announced today that a continuance referendum will be conducted among eligible domestic (U.S.) manufacturers and importers of softwood lumber from August 1 through Aug. 25, 2016. The...
Appalachian Lumber Industry Shows Improvement After 2008 Recession
While the lumber economy is improving, it still has a long way to go to fully bounce back from the 2008 recession. For the consumer, this means cheaper prices for raw wood materials needed to build houses, make home repairs or other do-it-yourself projects. “Oh...
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