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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On The Verge Of Something Or Nothing?
Article by Rich Donnell, Editor-In-Chief The majority of this issue—nearly 30 pages in fact—is devoted to the results of our annual Sawmill Capital Expenditure Survey. Again we’ve broken it down into two sections—softwood lumber and…
Washington Lumber Mill Closing After 75 Years
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); The last lumber mill in Snohomish is closing after almost 75 years due to low demand. The Daily Herald of Everett reports that the Seattle-Snohomish Mill plans to close this summer,…
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