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
Weyerhaeuser Continues THRIVE Program
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Weyerhaeuser has announced a commitment to invest $1 million in Raymond, Wash., through the company’s THRIVE program, which was launched in 2023 to provide targeted assistance to five of its rural…
Two More Oregon Mills Go Down: Malheur, W. Cascade Closures
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Two more Oregon sawmill operations have announced imminent closures, extending a run of bad news that began earlier this year and the announcements now make seven mills in the state that…
NHLA Receives Second Grant From Forest Service
National Hardwood Lumber Assn. (NHLA) is proud to announce that it has beenawarded its second $500,000 matching grant from the USDA Forest Service Wood Innovations Program. “We appreciate the USDA Forest Service for recognizing the…
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.