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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Lumber Revival Sweeps The West
West Fraser Timber Co. and Western Forest Products Inc. are leading Canadian lumber producers to the biggest combined profit since 2006 as mills run at five-year highs to feed a U.S. housing rebound and near-record Chinese demand. Lumber mills in B.C., Canada's...
New Event In Portland Is Our Baby
Story by Rich Donnell, Editor-in-Chief I hope by now you’ve made plans to attend the Timber Processing & Energy Expo scheduled this October 17-19 at the Portland Exposition Center in Portland, Ore. This is a new event sponsored by this magazine and our publishing...
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