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
Another One Bites The Dust
Article by Jessica Johnson Associate Editor The year 2016 has been one for the history books. Just a quick read of the world’s headlines will confirm it. I would be lying if I said I…
Montana’s Sawmills Ponder Future Of Timber Industry
From the gateway on Half Moon Road, F.H. Stoltze Land and Lumber looks a lot like it did in 1923. About 200 truckloads of logs roll through every week. They get dumped in muddy yards,…
U.S. Lumber Coalition Files Petition Against Canadian Softwood Producers
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); The Canadian-U.S. softwood lumber dispute reignited Friday after the U.S. Lumber Coalition said it formally petitioned the American government to impose duties against Canadian softwood lumber producers. The lobby group said…
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.