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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Seeking Signs Of Sustainable Recovery
Story by Dan Shell, Managing Editor Right now housing starts are up for the past three months, and after a revision of March statistics to an annual rate of 636,000, housing starts are currently at their highest level since November 2008. Of course, it’s important to...
Sawdust Musings
Story by Jennifer McCary, Senior Associate Editor During the last 25 years, sawdust, trimmings and shavings have gone from being a waste disposal problem to being a revenue stream that helped some mills keep running even in the face of declining lumber demand. Today...
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