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
Huge South Carolina Lumber Mill Could Start Up This Year
Huge South Carolina Lumber Mill Could Start Up This YearKlausner Holding USA’s plans to construct a large lumber mill in Rowesville are taking a little longer to come to fruition than elsewhere, but officials say the project is still under development. Orangeburg...
Stimulus-Funded Lumber Mill Closes In Idaho
Emerald Forest Products in Emmett, Idaho has closed its lumber operation and laid off 50 people. The owner is looking for a buyer. The company, which began in 2010 with help $4 million in federal economic-stimulus money, was undercapitalized, said Dick Vinson, who ran...
Klausner May Build Third Sawmill In South Carolina
Klausner May Build Third Sawmill In South CarolinaSouth Carolina’s Bureau of Air Quality approved an air quality and construction permit for Austria’s Klausner, which, through its U.S.-based office, appears to be moving forward with building a sawmill on 248 acres...
West Coast Lumber Exports To China Nearly Doubled In Fourth Quarter Of 2012
Lumber exports to China from Washington, Oregon, northern California, and Alaska rebounded in the fourth quarter of 2012, jumping to 89.4 million board feet, an increase of 97.2% compared to the third quarter of the year, according to the U.S. Forest Service’s Pacific...
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.