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
GP Taylorsville Provides Tornado Relief
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Through their partnership with Convoy of Hope, a non-profit organization dedicated to providing disaster relief, Georgia-Pacific Taylorsville lumber and plywood mill employees handed out a variety of relief items to people…
Sumitomo Forestry America Acquires Teal Jones Louisiana Mill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); In early April, Sumitomo Forestry Co., Ltd. announced that its Board of Directors has agreed to acquire 100% of the shares of Teal Jones Louisiana Holdings, LLC (TJLH) through its wholly…
Charles Ingram Lumber Commissions Fulghum 170 ft. Log Crane
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Fulghum Industries, Inc. has successfully commissioned a new 170 ft. 45-ton log crane for Charles Ingram Lumber’s expanding operations in Effingham, SC. “Charles Ingram Lumber has had a very positive experience…
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.