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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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USDA Kills Hardwood Checkoff Program

There will be no Hardwood Checkoff promotions program. The U.S. Department of Agriculture has stopped the rulemaking process on the controversial "Hardwood Lumber and Hardwood Plywood Promotion, Research and Information Order." Published in the Oct. 28 Federal...

U.S. Lumber Coalition: Time To Rewrite Canada Softwood Agreement

The U.S. Lumber Coalition says the U.S.-Canada Softwood Lumber Agreement, which expired October 12, 2015, is due for a rewrite after nine years. "World timber and lumber markets have evolved and the 2006 agreement is now outdated," says Charlie Thomas, Chairman of the...

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