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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Story by Rich Donnell, Editor-in-Chief We appear to be ending 2010 about like we ended 2009—stuck in the housing mud. But as bad as it was economically, it wasn’t boring. Here’s a recap: Wood pellet plants and woody biomass power plants continued to be announced left...
All The World’s A Stage
Story by Rich Donnell, Editor-in-Chief Are you aware that Timber Processing magazine has gone global? We haven’t publicized this development much, so it may have slipped by you. This issue, for example, is in the hands of more than 1,200 sawmill owners, managers and...
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