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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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Sierra Pacific Becomes Quiet Giant In U.S. Lumber Industry

If pressed to name the biggest forest products companies in the U.S., or the most significant in Washington, you might come up with names such as Weyerhaeuser or Boise Cascade or Georgia-Pacific. For some local flavor you might throw in some names such as Simpson,...

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