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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WorkSafeBC Fines Lakeland Mills $724,000 For 2012 Sawmill Explosion
WorkSafeBC has imposed fines totaling $724,163.28 on Lakeland Mills Ltd., owners of the Prince George sawmill that exploded in 2012 killing two workers and injuring many more. In a news release Tuesday, WorkSafeBC said Lakeland Mills Ltd. was in violation of the...
U.S. Hardwood Lumber Demand Indicator Rises For August
The Weekly Hardwood Review Leading Hardwood Demand Indicator (LHDI)—a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets—rises from a reading of 128.4 in July to...
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