Single-Family Housing Starts Rise Again
U.S. housing starts reached a seasonally adjusted rate of 1.415 million in September, a 1.9% increase above August and an 11.1% increase over September 2019. Single-family starts carried the day at 1.108 million in September, a whopping 8.5% above August and 22.3% over September 2019.
Single-family starts have increased for five consecutive months, since hitting a low ebb of 679,000 during the onslaught of the pandemic in April.
Multi-family starts, however, continued a downward swing in September, at 295,000, 14.7% decline from August.
Building permits in September were 1.553 million, a 5.2% jump over August and 8.1% increase compared to September 2019.
Latest News
WWPA Names Jeff Keller President
WWPA Names Jeff Keller PresidentWestern Wood Products Assn. named industry veteran Jeff Keller as...
Riverside Seeks To Open Washington Mill Facility
Riverside Seeks To Open Washington Mill FacilityMore than a decade after another mill closed at...
SPONSORED CONTENT: From Scrap to Solution: Vecoplan Processing Systems
Vecoplan is at the forefront of this transformation, providing advanced shredders and chippers that are specifically engineered to convert wood waste into high-value resources.
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.