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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Mississippi Lumber Company Forced To Shut Down
Hankins Lumber Company in Elliott, Miss. announced last week that it would temporarily cease operations beginning January 6. According to Office Manager Jerry Pegg, employees were told that operations will be suspended until the lumber market improves. “We’ve taken...
American, Canadian Union Members Unite To Speak To RFP
American and Canadian union members who work for forest industry giant Resolute Forest Products (formerly AbitibiBowater) have joined forces to "speak with one voice" to the company. About 100 union delegates from ten Canadian Resolute mills in Ontario, Quebec and...
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