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
Oregon’s Rough & Ready Lumber Rehires Many Of Its Workers
Lonnie Rollins, Larry Mason and Lonnie Adams wore big smiles last week as they chatted with Rough...
Lumber Exports Will Drive B.C. Economy, Says Export Development Canada
Export Development Canada (EDC), the federal Crown corporation that provides financing to Canadian...
LP’s $1.1 Billion Acquisition Of Ainsworth Lumber Stymied By Regulators
The $1.1-billion acquisition of Vancouver-based Ainsworth Lumber Co. appears to hit a wall with...
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.