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
OSU Gets Grant For Cross-Laminated Timber Research
Oregon Senators Jeff Merkley, the top Democrat on the Senate Appropriations Agriculture subcommittee, and Ron Wyden announced Thursday that a nearly half-million dollar U.S. Department of Agriculture grant was awarded to Oregon State University for research on the...
Freres Lumber Representatives Visit Japanese Wood Products Manufacturers
Freres Lumber Representatives Visit Japanese Wood Products ManufacturersOne of the best aspects of our industry is how open and inviting other producers are to visitors. It is a fact that in the wood products industry some of our fiercest competitors may also be our...
Pacific Northwest Weyerhaeuser Employees Vote On Union Strike Authority
Pacific Northwest Weyerhaeuser Employees Vote On Union Strike AuthorityAbout 1,200 Weyerhaeuser Co. employees in Washington and Oregon voted overwhelmingly to give the regional woodworkers union strike authority, paving the way for a work stoppage if negotiators...
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.