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 Chinese Log Requirements
On December 20, 2021, the General Administration of Customs of the People’s Republic of China (GACC) released Decree 110. The Decree, entitled Quarantine Requirements on Pine Wood Imported from Countries with Occurrence of Pine Wood Nematodes is believed to generate more cost and probably new challenges to the U.S. export of logs and lumber to China…
Weinig Gains CLT Project
The Weinig Group reports it has received an order as a complete supplier for a CLT project at HolzBauWerk Schwarzwald GmbH, including all automation components, planers, crosscut saws, fingerjointing lines, edge-gluing machines for longitudinal and cross-layers, plus the…
New Sawmill Is Planned For Near Forks
He’s back. Phil Johnson, who was one of the principals and helped to build sawmill operations called Lewis County Forest Products in Winlock, Wash. and Mason County Forest Products in Shelton, Wash., is in the sawmill development business again with Spencer Forest Products and its proposed softwood sawmill in…
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.