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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Timber Could Be Growth Industry If Housing Soars
For some reason, investors seem to be wary of stocks. It may be because bonds have beaten the stuffing out of stocks for the past 20 years. It may be the stream of scandals plaguing Wall Street. Or it may be that they are Facebook shareholders. So today's column is...
Sawdust Fuelled Most B.C. Sawmill Fires In Last Decade
Sawdust, wood shavings and chips, which are suspected to have played a part in two recent deadly sawmill explosions, have also fuelled dozens of fires at B.C. sawmills over the past decade. Sawdust was listed as the material that first caught fire in more than half of...
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