U.S. Housing Starts Fall While Building Permits Rise
U.S. housing starts fell in August from July, at a seasonally adjusted rate of 1.283 million, down 11.3%. Single-family starts were at a rate of 941,000, 4.3% below July, while multi-family starts were the primary culprit at 334,000, down 26.3%, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Housing starts had increased 4% in July over June, with single-family increasing 6.7% in July over June.
Building permits in August were 1.543 million, almost 7% above July. Single-family permits were 949,000, 2% above July, and multi-family was 535,000, up nearly 15%.
RELATED ARTICLES
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
Latest News
Does Forest Service Letter Have Teeth?
Does Forest Service Letter Have Teeth? Restoration Forest Products, a sawmill operation in Bellemont, Ariz., is touting a letter of intent from the USDA Forest Service and signed by supervisors on the four national forests in Arizona comprising the Four Forest...
Fire Tragedy Strikes Robbins Lumber In Maine
Fire Tragedy Strikes Robbins Lumber In Maine On May 15, a fire and explosion in the silo area had turned Robbins Lumber in Searmont into a scene of tragedy. It killed one 27-year-old fireman, injured eight firefighters and first responders, sent co-owners Alden and...
Wood Bioenergy Conference Proves Forest Residues Can Find New Life
Wood Bioenergy Conference Proves Forest Residues Can Find New Life Atlanta, Goergia The unstated message of the recent Wood Bioenergy Conference & Expo was to “turn lemons into lemonade,” with lemons being the crash of a significant portion of the pulp and paper...
Forest Service Moves Forward With Disaster Recovery
Forest Service Moves Forward With Disaster RecoveryThe U.S. Forest Service announced that significant recovery efforts across national forests and grasslands continue to progress following damage caused over three years of natural disasters, including hurricanes,...
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.