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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Pyramid Mountain Closing Sawmill
Pyramid Mountain Closing Sawmill Reports in late March indicate that Pyramid Mountain Lumber plans to close its Seeley Lake, Mont. sawmill. Pyramid announced its board of directors and shareholders unanimously voted “with the heaviest of…
The Issues: Oregon Facing Danger Signs
Oregon Facing Danger Signs googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Article by Dan Shell, Senior Editor, Timber Processing April 2024 The state may be the top U.S. lumber producer right now, but log supply in Oregon the…
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