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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Fifty Jobs Lost In Seattle-Snohomish Mill Closure
Fifty Jobs Lost In Seattle-Snohomish Mill ClosureThe Seattle-Snohomish Mill in Snohomish, Wash. will close in March after more than 70 years in business. The mill, which currently employs 50 people, first opened in Snohomish in 1941. "This is a very difficult...
Canada Pleased With Softwood Lumber Agreement Extension
The agreement that ended many years of trade disputes over duties and other barriers to selling wood across the Canada-U.S. border was set to expire in 2013, but will be extended until 2015, and industry associations across Canada are pleased with the news. President...
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