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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Simpson Lumber Company Announces Washington Mill Closures
Simpson Lumber Company Announces Washington Mill ClosuresSimpson Lumber Company LLC delivered a blow to the city of Shelton, announcing that the company will close two mills, which will result in about 270 jobs lost. The closures are part of an asset sale agreement...
Study: Wooden Buildings Are Cheaper And Cleaner
Study: Wooden Buildings Are Cheaper And CleanerAlthough it may seem counter-intuitive, it would be better if we built buildings from wood than from concrete, brick, aluminum and steel. We use millions of tons of these modern materials every year. They have many...
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