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
B.C. Lumber Producers Hurt By Building Season’s Slow Start In U.S.
How rapidly U.S. housing construction awakens from a deep winter hibernation will determine how strongly B.C. lumber producers continue their recovery, according to new figures from the accounting and consulting firm PwC. So far this…
Western Forest Products B.C. Sawmill Restarts Following Recent Shooting
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Western Forest Products sawmill workers in Nanaimo will return to the job site in a “soft start” following the shooting deaths of two workers. Michael Lunn, 62, and Fred McEachern, 53,…
Washington Lumber Companies Merge To Form Alta Forest Products
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); TMI Forest Products and Welco Lumber Company USA have become Alta Forest Products LLC, a partnership between longtime Western Red Cedar manufacturers. Morton-based Alta took over the ownership, operations and assets…
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.