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 Log, Lumber Exports Down In First Half Of 2012
Log exports from Washington, Oregon, northern California, and Alaska totaled 736 million board feet in the first 6 months of 2012, a decrease of 25% compared to the same time last year, according to the U.S. Forest Service’s Pacific Northwest Research Station. During...
Sierra Pacific Industries Reports Record Losses In Recent Wildfires
A record amount of Sierra Pacific Industries land has been torched by the wildfires burning in eastern Shasta County. The nation's second-largest timber producer estimated that roughly 33,000 acres of its timber had burned as of last Wednesday. The Ponderosa Fire...
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