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
Canadian Lumber Companies Boost U.S. Mill Activity As Domestic Production Wanes
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Canada’s top lumber companies, struggling to make two-by-fours from trees killed by the mountain pine beetle, made less lumber at home in 2014, but made up for it by increasing production…
These Things Can Take Some Time
Story by Dan Shell, Managing Editor Way back 20 years ago I had a hot lead on a hardwood sawmill in Eugene, Ore. Diamond Wood Products actually operated three manufacturing facilities in the state, but…
U.S. Hardwood Lumber Demand Indicator Lags Year-Ago Levels
Hardwood Publishing says its latest Leading Hardwood Demand Indicator (LHDI), while rising in the March through May 2015 period, is falling behind the levels of 2014. A big unknown: how much lumber China will be…
Pro South Announces New Mississippi Sawmill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Officials from Pro South announce the company is expanding its operations by adding a sawmill at its location near Booneville, Miss., in Prentiss County. The project represents a $2.75 million company…
Flush With Lumber, N.A. Hardwood Buyers Slow Purchases
North American hardwood sawmills reported slow sales during the first half of March. “Normally we see business improve from the second week of January through May,” said one contact. “This year, we are quoting and…
Georgia-Pacific Concludes Deal For Alabama Lumber Facility
Georgia-Pacific today announced it has concluded an agreement with RoyOMartin for the transfer of RoyOMartin’s Mexia, Alabama, Rocky Creek lumber operations to Georgia-Pacific. The Rocky Creek lumber facility employs approximately 110 employees. Terms of 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.