U.S. Housing Starts Continue Upward Trek
U.S. housing starts in October increased 2% from September to a seasonally adjusted rate of 1.372 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report. Single-family starts were at a rate of 970,000, about even with September, while multi-family starts were 382,000, an increase of 5%.
Building permits were 1.487 million, up a percent over September, with single-family at 968,000, a half percent increase, and multi-family was 469,000, an increase of 2.2%.
Housing completions were at an annual rate of 1.410 million, down 4.6% from September, with single-family at 993,000, a percent below September, and multi-family at 408,000, a decrease of 12.6%.
RELATED ARTICLES
U.S. Housing Starts Show Significant Jump In September
U.S. Housing Starts Fall While Building Permits Rise
Single-Family Starts Lead U.S. Housing Rebound In July
Housing Starts Decline, But Still Steady
Housing Starts Come On Like Gangbusters
Housing Starts Increase In April
Single-Family Housing Starts Show Strength
U.S. Housing Starts Rebound In February
U.S. Housing Starts Were Soft In January
U.S. Housing Starts Dipped Slightly In 2022
Latest News
Salvation In A Colorado Sawmill
Salvation In A Colorado SawmillAn idea seemingly as simple as building a sawmill can make a world of difference for the people of rural Costilla County. The county in the San Luis Valley is plagued by a struggling economy and overgrown forests, which create wildfire...
Survey Results Show Optimism
Article by Rich Donnell, Editor-In-Chief It’s difficult to interpret such things, but the results of our Sawmill Capital Expenditure Survey reveal that 66% of U.S. softwood lumbermen expect business to be excellent or good for the remainder of this year and into the...
Resolute Forest Products Files Racketeering Suit Against Greenpeace
Resolute Forest Products Inc. recently announced a federal lawsuit in the United States District Court for the Southern District of Georgia against Greenpeace International, Greenpeace USA, Greenpeace Fund, Inc., STAND (formerly ForestEthics) and a number of their...
California OSHA Moves Step Closer To Regulating Wood Dust Exposure
Regulation of worker exposure to wood dust moves another step closer in California, where the state Occupational Health & Safety Administration (OSHA) closed a comments period on May 19. The state's effort to regulate exposure to wood dust began in 2010. The...
Federal Judge: USDA Failed To Justify Rule Supporting Lumber Check-Off
The Department of Agriculture (USDA) failed to justify the amount of money it collects from U.S. lumber companies to support an industry marketing campaign, a federal judge ruled. Resolute Forest Products sued the Department of Agriculture in December 2014,...
USDA Awards Funds To Grow Wood Energy And Wood Products Markets
The U.S. Department of Agriculture's Forest Service Chief Tom Tidwell today announced over $8.5 million to expand and accelerate technologies and strategies that promote the use of wood in commercial construction, heat and power generation, and other wood product...
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.