Header: Header: Header:

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%.

Latest News

Will New York Embrace The Wood Building Movement?

In some ways, a wooden condominium tower planned for Chelsea has roots in an 18th-century barn. Chris Sharples, a principal at SHoP Architects, remembers the barn as one of his first encounters with architecture, at his childhood home in Pennsylvania’s Chester County....

Staying Sharp

Staying Sharp Means Harnessing New TechnologyArticle by Dan Shell, Senior Editor, Timber Processing December 2015 Published a quarter-century ago this month in Timber Processing, then Stimson Lumber general manager of sawmill operations Bob Schutte in Forest Grove,...

Resolute Forest Products Halts Canadian Timber Operation

High fiber costs and low market values have forced Resolute Forest Products to suspend indefinitely its wood-cutting operations in Quebec's Mauricie region near Trois-Rivieres. The suspension, which took effect November 27, affects at least 180 jobs. The Mauricie...

Montana Timber Industry Facing Increasingly Tough Times

At Sun Mountain Lumber in Deer Lodge, about 50 of its 160-person workforce got pink slips this fall – but owner Sherm Anderson says the sawmill and timber company is still losing money. “We laid off one shift, and all that does is slow down the bleeding, to where you...

Colorado Billionaire Conservationist Proposes Huge Sawmill

Colorado Billionaire Conservationist Proposes Huge SawmillHedge-fund manager and renowned conservationist Louis Bacon plans to build a large sawmill in the San Luis Valley to help process timber harvested from his Trinchera Blanca Ranch, the largest contiguous ranch...

Roseburg Forest Products Names New President

Roseburg Forest Products Names New PresidentAllyn Ford, CEO and president of Oregon-based Roseburg Forest Products, announced that the Ford Family and the Roseburg Board of Directors have chosen Grady Mulbery to assume the role of Roseburg President effective January...

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.