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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googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Canada’s lumber producers ought to be enjoying the fruits of a U.S. housing recovery. Trouble is, they can’t take full advantage of it. The forestry companies say that a shortage of…
Jordan Forest Products Invests More Than $1.4 Million To Expand In North Carolina
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Jordan 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 31 jobs in…
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