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%.
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Idaho Grant Helps College Train Woodworkers, Address Skill Gaps
North Idaho College has been awarded a $482,582 grant by the Idaho Department of Labor to train more than 200 workers in the wood products manufacturing industry. The two-year grant is a partnership with Lewis-Clark State College and five wood products manufacturing...
The Past Is Present
The Past Is PresentArticle by Rich Donnell, Editor-in-Chief, Timber Processing May 2017 I am excited to hear about Bruce Vincent’s new book, “Against The Odds,” about which there’s more detail on page 72. If you’ve been around this industry for a couple of decades or...
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