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
Award Recipient Is No Stranger
AWARD RECIPIENT IS NO STRANGER Article By Rich Donnell, Editor-in-Chief, Timber Processing February 2015 "We’re showing our age,” David Richbourg said to me when I told him I had passed along an article I had written about him in 1988 to our associate editor who was...
Interfor Acquires Simpson Lumber Sawmills In U.S. Southeast, Pacific Northwest
Interfor Acquires Simpson Lumber Sawmills In U.S. Southeast, Pacific NorthwestInterfor announced that it has reached agreement with Simpson Lumber Company, LLC to acquire Simpson’s sawmill operations in Meldrim, GA, Georgetown, SC, Longview, WA and Commencement Bay,...
Arizona’s Newpac Fibre Hoping For A Forest Industry Revival
Wood grinders hummed and blades whirred under the weak winter sun Thursday afternoon as 12 men hustled to transform dozens of ponderosa pine logs into boards, wood chips and sawdust at Newpac Fibre. The Williams-based sawmill is heading into its third month of...
California Redwood Company Sawmill To Close, 106 Employees Will Lose Jobs
California Redwood Company Sawmill To Close, 106 Employees Will Lose JobsThe California Redwood Company will close down its last remaining California sawmill in February 2015, putting over 100 people out of a job and ending the company’s half-century-long involvement...
Bittersweet Reopening At Site Of Lakeland Mills Sawdust Mill Explosion
Almost three years after a sawdust-fueled explosion destroyed a Prince George lumber mill, a replacement facility will start operations on Wednesday. For the 110 workers returning to the Lakeland Mills site with well-paid, full-time jobs, it is a moment to celebrate....
Mill Explosions Stay With Us
Article by Rich Donnell, Editor-In-Chief The Ministry of Justice and the Ministry of Jobs, Tourism and Labour in British Columbia can’t seem to get on the same page with regard to the two tragic sawmill explosions that occurred early in 2012. But before you even get...
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.