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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Montana Governor Promotes State’s Wood Products
A recent executive order signed by Gov. Steve Bullock recognizes Montana’s wood products industry by calling for more use of wood and other indigenous, renewable products in state building projects. Bullock cited his “Forest in Focus” initiative in his Oct. 17 order,...
Canada, U.S. At Loggerheads Again Over Softwood Lumber
With less than a year to go until the Canada-U.S. Softwood Lumber Agreement expires, lines are being drawn on both sides of the border over the future of lumber trade between the two countries. Canadian producers say they want to extend the agreement, which has...
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