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
Schooler Cuts Down The Net
Timber Processing magazine presented its 34th Annual Person of the Year award to Eric Schooler, CEO of Collins, as he prepared to embark on his new career of “retirement.” The presentation ceremony and reception, which was hosted by Hatton-Brown Publishers, Inc. and sponsored by Real…
Pallet Block Facility Planned
BID Group has announced a partnership with ArbaBlox Inc. to build a state-of-the-art turnkey composite pallet block plant in Winona, Miss. BID will manage, design, build, install and provide startup services for the $53 million project, the largest of its kind in the country…
Sawmillers Show Up: TP&EE Portland 2022 Was A Success
The recent Timber Processing & Energy Expo, held in Portland, Ore. September 28-30, had a knockout crowd of sawmillers from around the globe walking the aisles. 110 wood producer companies sent representatives to the three-day trade show which featured a sold-out exhibit floor, and one-day…
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.