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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West Coast Lumber Exports Decrease
Lumber exports from the West coast decreased 7 percent in the first quarter of 2013 according to a Forest Service research economist. Log exports increased by 16 percent: from 362 million board feet in the first quarter of 2012, to 420 million board feet in the first...
Florida Lumber Mill Expected To Bring 350 Jobs
An Austrian lumber company plans to build a $130 million sawmill near Live Oak, Florida employing 350 people, a project touted as a shot in the arm to the local economy while also raising concerns about its impact on the timber supply and competing sawmills as well as...
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