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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Oregon’s Rough & Ready Lumber Rehires Many Of Its Workers
Lonnie Rollins, Larry Mason and Lonnie Adams wore big smiles last week as they chatted with Rough & Ready Lumber owner Jennifer Phillippi. The three men with 75 years of combined experience at the mill were rehired in the past few months, after the entire...
Lumber Exports Will Drive B.C. Economy, Says Export Development Canada
Export Development Canada (EDC), the federal Crown corporation that provides financing to Canadian exporters, is forecasting that an increase in lumber shipments overseas will drive the B.C. economy for the next two years. The forestry sector is predicted to grow by...
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