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.
Latest News
Interfor Completes Acquisition Of Rayonier’s Wood Products Business
Interfor Completes Acquisition Of Rayonier’s Wood Products BusinessInternational Forest Products Limited (Interfor) announced that it had completed the acquisition of Rayonier's Wood Products Business in the U.S. South, as scheduled on March 1st. The acquisition...
Demand For Western Lumber Products Increases, While Log Supply Is Tight
Hundreds of sawmill representatives gathered in Portland Monday for a trade association meeting. Thanks to a recovering housing market, the U.S. demand for lumber is increasing. Last year, sawmills in Oregon, Washington, and Idaho sold about 10 percent more lumber....
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.