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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Georgia Mill Planning Downtime
Georgia Mill Planning DowntimeJordan Forest Products in Barnesville, Ga. is closing its lumber manufacturing plant during the months of November and December. The 91 workers there were notified on October 18 of the scheduled downtime that has been blamed on “a poor...
Layoffs Announced At Washington Sawmill
Portland-based lumber company Hampton Affiliates announced on October 17 that it will lay off 80 workers at its Darrington, Wash. sawmill in response to poor domestic sales and more log exports to China. The announcement comes only a month after the company announced...
USFS Awards Money To APA
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