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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U.S. Exports Of Logs And Lumber Continue Slide
U.S. Exports Of Logs And Lumber Continue SlideU.S. exports of logs and lumber via ocean container declined year-over-year in January for the fourth consecutive month, partly because of declining demand from China and unfavorable exchange rates. After growing 9 percent...
American Wood Council Awarded USDA Grant To Research Tall Wood Construction
The American Wood Council has been awarded a $250,000 grant from the U.S. Department of Agriculture (USDA) to conduct research on the fire performance of mass timber buildings. AWC will partner with the National Fire Protection Association's (NFPA) Fire Protection...
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