U.S. single-family housing starts in April dipped 7.3% from March to a seasonally adjusted rate of 1.1 million, but multi-family starts (five units or more) shot up 16.8% over March to 612,000, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Multi-family was up a whopping 42% from April 2021, registering its third consecutive monthly increase, while single-family has recorded two consecutive months of decline.
The combined housing starts in April were 1.724 million, down 0.2% from March, but up 14.6% over April 2021.
U.S. single- and multi-family housing starts were 1.601 million in 2021, following 1.380 million in 2020.
Housing building permits were at a seasonally adjusted rate of 1.819 million in April, which was 3.2% below March. Single-family permits were 1.11 million, down 4.6%, while multi-family was 656,000, down less than a percent from March.
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…
As a specialist in engineered wood production lines, Minda has been a perfect partner for green and brownfield projects for more than 40 years. One of the last brownfield projects was the extension of a glulam line in Poland for Andrewex Construction, the biggest manufacturer of glulam in Poland with more than 30 years of experience…
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