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
Interfor Lays Off Gilchrist Staff
Following an earlier announcement, Interfor began laying off 130 of 150 employees at its Gilchrist, Ore. sawmill in late June. Company officials cited difficulties with the coronavirus issue and overall market conditions as reasons for the layoffs…
Wood ID Lab Moves To Oregon State
Thanks to a five-year, $4 million federal grant from the Forest Service International Programs Office, the Wood Identification and Screening Center (WISC) is moving to Oregon State University, where it will join the College of Forestry. The WISC was…
Oregon Salamander Lives With Logging
Following a seven-year study of 88 timber tracts across Oregon’s western Cascade Range, researchers have concluded no “discernable difference” in populations and occupancy of a rare salamander on recently harvested stands compared to…
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.