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. Hardwood Lumber Demand Indicator Lags Year-Ago Levels
Hardwood Publishing says its latest Leading Hardwood Demand Indicator (LHDI), while rising in the March through May 2015 period, is falling behind the levels of 2014. A big unknown: how much lumber China will be buying. The LHDI, a forecast of future demand for U.S....
Pro South Announces New Mississippi Sawmill
Pro South Announces New Mississippi SawmillOfficials from Pro South announce the company is expanding its operations by adding a sawmill at its location near Booneville, Miss., in Prentiss County. The project represents a $2.75 million company investment and will...
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