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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AbitibiBowater Changes Name To Resolute Forest Products
AbitibiBowater has changed its name to Resolute Forest Products, effective this month. "We are changing our name to Resolute Forest Products to better reflect the fundamental characteristics of the company we are today, including our determination, strength and...
British Columbia Surpasses 2010 Lumber Export Record
British Columbia has broken another record in lumber exports to China this year, with shipments already surpassing 2010's record total. According to the latest international merchandise trade data released by Statistics Canada, lumber exports over the first eight...
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