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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Vermont’s Britton Lumber Hopes To Rebuild Sawmill
Vermont’s Britton Lumber Hopes To Rebuild SawmillAlmost two weeks after a four-alarm fire leveled the sawmill at Britton Lumber Co., officials there announced their intentions to rebuild the sawmill and continue the company’s other operations as usual. “That’s what’s...
USDA Awards Funds To Expand, Accelerate Wood Product Markets
Today USDA Secretary Tom Vilsack announced the award of over $9 million to expand and accelerate wood energy and other wood product markets. The federal funds will leverage $22 million in investments from partners, resulting in a total investment of $31 million in 23...
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