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
N.M. Rep. Pursues Forest Restoration Efforts Through Logging, Sawmilling
U.S. Representative Steve Pearce is continuing to pursue his desire to create jobs by reestablishing logging and sawmilling in New Mexico, and specifically in Cibola County. He visited the Mt. Taylor Manufacturing’s sawmill in Milan recently to learn about and support...
Burns Lake Sawmill Recovery Efforts Continue, Six Months After The Blast
It was six months ago last Friday that explosion and fire ripped through the Babine Forest Products saw mill in Burns Lake. Two people died, a further 44 were injured. Since that time, there have been numerous efforts launched to assist the community in its recovery...
$2.3 Million Wood First Program Supports B.C. Forest Industry
More than $2.3 million is being invested this year in the Wood First program to broaden the use of B.C. wood products in commercial, government, and mid-rise buildings. The 2012-13 Wood First Investment Strategy allocates available Wood First funding to the following...
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.