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.
Latest News
U.S. Tall Wood Building Prize Competition Winners Revealed
U.S. Secretary of Agriculture Tom Vilsack, in partnership with the Softwood Lumber Board and the Binational Softwood Lumber Council, recently announced the winners of the U.S. Tall Wood Building Prize Competition. The two winning development teams were granted a...
Weak Demand Slows Production At Southern U.S. Interfor Mills
Interfor Corp. said weak demand for southern yellow pine lumber is forcing it to reduce production by 20 percent at its southern U.S. mills. Work hours at the mills were reduced by five hours until further notice, Interfor said. "Prices for southern yellow pine lumber...
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.