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
U.S. Lumber Coalition Files Petition Against Canadian Softwood Producers
U.S. Lumber Coalition Files Petition Against Canadian Softwood ProducersThe Canadian-U.S. softwood lumber dispute reignited Friday after the U.S. Lumber Coalition said it formally petitioned the American government to impose duties against Canadian softwood lumber...
Oregon’s Rosboro Announces Its Sale, Starting With Timberlands
Oregon’s Rosboro Announces Its Sale, Starting With TimberlandsWood products manufacturer Rosboro, one of Springfield’s oldest employers, has sold its timber holdings, and the rest of the firm, including its large mill on Main Street in Springfield, could be sold by...
Struggling Timber Industry Puts Rural Idaho At Crossroads
Struggling Timber Industry Puts Rural Idaho At CrossroadsDavid Bartlett stopped frequently to chat with friends as he made inquiries with employers at a recent Idaho Department of Labor job fair in Orofino. The nonchalance of the former Tri-Pro Forest Products...
New Sawmill To Open In Louisiana
New Sawmill To Open In LouisianaLe Moyen Mill & Timber LLC, a wholly owned subsidiary of Adobe Machinery Group, revealed plans to acquire land in order to develop a wood products manufacturing facility in LeMoyen, La. Financial details of the transaction were not...
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.