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 Parallel Forest Products Plans Alabama Sawmill Operation
Southern Parallel Forest Products Plans Alabama Sawmill OperationCanadian-based Southern Parallel Forest Products Corporation, a firm producing Southern Yellow Pine dimensional lumber, plans to open a sawmill later this year in Albertville, Alabama, employing 130...
North American Lumber Prices Forecast To Soar In 2013 and Reach Record Highs In 2014
A new five-year outlook shows that supply and demand conditions in wood products for the long-awaited ‘super-cycle’ are now taking hold, with the full impact still some 3+ years away. With the return of a demand-driven wood products market in 2012 – due to rapidly...
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