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.
Latest News
Canadian Forest Industry Applauds Pacific Trade Talks
The Forest Products Association of Canada (FPAC) welcomes the government’s acceptance into negotiations to reach a Trans Pacific Partnership (TPP) aimed at reaching a free trade deal with a group of important markets including Australia, Vietnam, and Peru. Canadian...
Vancouver Sawmill Set For Millions Of Dollars In Upgrades
A Vancouver-based manufacturer of wood products has an ambitious plan to operate the largest single line sawmill on the coast of British Columbia. Western Forest Products Inc. plans to invest millions of dollars to upgrade the infrastructure at its facility on...
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.