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
Seneca Companies Offer $5,000 Scholarship In Essay Contest
Seneca Sawmill in Eugene and its sister companies are offering a $5,000 scholarship to the winner of a high school essay contest about the benefits of the wood products industry. To be considered for the…
Museum Exhibit Challenges Notion That Wood Is An Antiquated Building Material
For centuries, wood was civilization’s primary construction material, but as the use of concrete, glass and steel grew, wood was largely relegated to flooring and interior paneling. An exhibition at the National Building Museum in…
$80 Million Investment In Arkansas Sawmill To Create 120 Jobs
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); A Canadian timber company will invest $80 million in an El Dorado sawmill, creating 120 new jobs, the Arkansas Economic Development Commission said in a statement. Conifex Timber will create a…
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.