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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Jordan Forest Products Invests More Than $1.4 Million To Expand In North Carolina
Jordan Forest Products Invests More Than $1.4 Million To Expand In North CarolinaJordan Forest Products, a wood products manufacturing company, will invest more than $1.4 million to expand its production facility in Biscoe, North Carolina. The company plans to create...
Closure Of Oregon Mill Highlights Logging Stalemate In Congress
Citing a lack of federal timber, Rough & Ready Lumber is closing its 90-year-old sawmill in Cave Junction, Oregon the last mill operating in southwest Josephine County. The closure, announced Wednesday, means the loss of 85 jobs. It comes amid a Congressional...
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