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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Washington Lumber Companies Merge To Form Alta Forest Products
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); TMI Forest Products and Welco Lumber Company USA have become Alta Forest Products LLC, a partnership between longtime Western Red Cedar manufacturers. Morton-based Alta took over the ownership, operations and assets…
One Last Look At How Bad It Was In 2007-08
Many people tend to recall that the Great Recession began with the collapse of the Lehman Brothers financial firm in September 2008. But those of us associated with the forest products industry, and especially you…
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