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.
Latest News
USDA Invests $115.2M Through Timber Production Expansion Program
USDA Invests $115.2M Through Timber Production Expansion Program At the Advanced Bioeconomy Leadership Conference, U.S. Department of Agriculture Administrator for the Rural Business and Cooperative Service J.R. Claeys announced the USDA is guaranteeing $115.2...
Ashlee Cribb To Lead Gorman Group
Ashlee Cribb To Lead Gorman Group Following the announcement from current CEO Nick Arkle of his intent to retire more than a year ago, the Board and ownership group of Gorman Group has named Ashlee Cribb its next Chief Executive Officer. Cribb joins the Gorman Group...
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.