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
Glen Duysen, 96, Remembered For Always Stepping Up
Glen Duysen, 96, Remembered For Always Stepping UpGlen H. Duysen, co-founder of Sierra Forest Products, and a leader in the Western timber industry, died February 7. He was 96. Duysen was a past president of the Western Timber Assn., Timber Assn. of California,...
SFPA Announces 2024 Safety Award Winners
SFPA Announces 2024 Safety Award WinnersSouthern Forest Products Assn. (SFPA) announced the recipients of the John Edgar Rhodes 2024 Sawmill Safety Excellence Awards, which embody the impact, dedication, and legacy of the association’s founding leader, John Edgar...
Rosboro Converts To Uniflow CDKs From USNR
Rosboro Converts To Uniflow CDKs From USNRRosboro Co. recently converted four of their double-track kilns to USNR's patented UniFlow continuous design, exceeding initial production increase goals while keeping emission levels below emission cap requirements. The...
Minda Acquires Fingerjoint Specialist Howial
Minda Acquires Fingerjoint Specialist HowialFor many years, Minda and Howial have collaborated on projects, with Minda supplying conveyors and presses, and Howial providing fingerjoint technology. A cooperation contract was signed in 2022 to enable integration at the...
Vaagen Bros. Lumber Installs Gilbert Planer
Vaagen Bros. Lumber Installs Gilbert Planer Vaagen Bros. Lumber in Colville, Wash. installed a Gilbert high-speed planer featuring the Gilbert Roll Intelligent Positioning (GRIP) system, feed decks, feed table and slowdown belts. The mill will be running lumber up to...
TimberHP Expects Long-Term Success
TimberHP Expects Long-Term Success TimberHP, a Maine-based manufacturer of wood fiber insulation, announced that it has filed a voluntary, pre-negotiated Chapter 11 plan of reorganization in the U.S. Bankruptcy Court for the District of Delaware. The plan, according...
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.