U.S. housing starts decreased slightly in October to a seasonally adjusted rate of 1.520 million, down 0.7% from September, while up 0.4% from October 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 1.039 million, down nearly 4% from September and less 10.6% from October 2020. Multi-family starts (five units or more) were 470,000, up 6.8% from September and ahead 39.5% over October a year ago.
The drop in October marked the fourth consecutive monthly decline for single-family starts.
Housing building permits were at a seasonally adjusted rate of 1.65 million, 4% above September and 3.4% over October 2020. Single-family permits in October were 1.069 million, 2.7% above September. Multi-family permits were 528,000 in October, 6.5% above September.
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…
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