U.S. housing starts dipped slightly in September to a seasonally adjusted rate of 1.555 million, down 1.6% from August, but 7.4% above September 2020, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Single-family starts were at a rate of 1.080 million, about even with August and down 2% from September a year ago, while multi-family (five units or more) came in at 467,000, down 5.1% from August, but up 38% from September last year.
Housing starts began a run of consecutive monthly jumps in August 2020 extending through December, so the current numbers reflect a slight variation of that trend.
Housing building permits were at a seasonally adjusted rate of 1.589 million, 7.7% below August and unchanged from September 2020. Single-family permits were 1.041 million, down 0.9% from August and down 7% from September 2020, while multi-family permits were 498,000, down 21% from August and up 18% over a year ago.
Every year, millions of workers get injured on the job, and a significant number of reported occupational injuries are hand related. But some of the best companies have managed to reduce hand injuries by 50, even 90 percent. How?
Brad Thorlakson, President and CEO of Tolko Industries, has announced that Pino Pucci, Vice President of Sales, Marketing and Logistics will assume a newly created interim role as Tolko’s Chief Operating Officer. “This role has been created to support our succession planning process, as Pino will eventually succeed me as President & CEO,” Thorlakson says. “Pino’s proven leadership experience, significant focus on people and…
Article by Jessica Johnson, Senior Editor, Timber Processing September 2023 – Unlike my dear old boss Rich Donnell, I did not grow up in Nashville. When the Southern Forest Products Assn. announced the move from my beloved hometown of Atlanta, Ga. for its Forest Products Machinery & Equipment EXPO…
Find Us On Social
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
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.
Complete the online form so we can direct you to the appropriate Sales Representative.