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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Southern Lumber And Timber Market Recovery Underway
Economic recovery is producing promising outgrowths for the Southern lumber and timber industry. Increasing demand and constrained supply globally are inciting a long-term rebound across the U.S., which is good news for Florida where timber resources are an important...
Florida Governor Confirms New Jobs At West Fraser Mill Set To Restart
Florida Governor Confirms New Jobs At West Fraser Mill Set To RestartFlorida Gov. Rick Scott confirmed Wednesday morning that dozens of new jobs are coming to McDavid as the West Fraser sawmill reopens after sitting idle for four years. As NorthEscambia.com first...
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