Header: Header: Header:

Single-Family Housing Starts Show Strength

U.S. housing starts had a minor dip in March, at 1.42 million, down 0.8% from February, though single-family starts were at a rate of 861,000 in March, an increase of 2.7% from February, while multi-family (five units or more) were 542,000, down 6.7% from February, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.

Building permits were at a rate of 1.413 million in March, down 8.8% from February. Single-family permits were 818,000, a 4.1% increase, while multi-family was 543,000, down 24%.

Housing completions were 1.542 million, 0.6% below February. Single-family completions were 1.05 million, 2.4% above February, while multi-family was 484,000, down 7%.

Latest News

New Northwest Pellet Mill Gains Approval

New Northwest Pellet Mill Gains ApprovalAir quality officials recently issued a final notice and approval for an air quality permit at a new wood pellet manufacturing plant to be built by Pacific Northwest Renewable Energy (PNWRE) on a 60 acre site leased from the...

Collins Sues PG&E Over Dixie Fire

Collins Pine Co. and several affiliated companies have filed a lawsuit against Pacific Gas and Electric utility seeking compensation for property and business losses stemming from the Dixie Fire in July 2021, which was caused by PG&E’s equipment and negligent operations, according to the complaint.

Prairie Wood Products Closes Due To FS Transport Grant Dispute

Prairie Wood Products Closes Due To FS Transport Grant DisputeClaiming that a change in policy concerning the use of Forest Service grant money for transportation costs, Prairie Wood Products in Prairie City, Ore. suspended operations in March citing a disagreement...

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.