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
TP Man Of the Year: Industry’s Best Of the Best
TP Man Of the Year: Industry’s Best Of the BestArticle by Dan Shell, Managing Editor, Timber Processing (2013) My first involvement with the Timber Processing Man of the Year award was in February 1989: I was with the company less than a year and coming off my first...
Austrian-Based Klausner Lumber One Invests $130 Million In Florida Sawmill
Austrian-Based Klausner Lumber One Invests $130 Million In Florida SawmillAustrian-based Klausner Lumber One will invest $130 million over the next three years to develop a sawmill in Suwannee County, Florida, creating 350 jobs. Friedrich Klausner of Klausner Lumber...
Crown Will Review WorkSafeBC Sawmill Blasts Case
WorkSafeBC completed its investigations into the explosion on January 20, 2012 at the Babine Forest Products Co. sawmill in Burns Lake and the explosion on April 23, 2012 at Lakeland Mills Ltd. Sawmill in Prince George. Two workers were killed and 20 injured in the...
Louisiana Fraud Lumber Stamp User Pays Big Bucks
Louisiana Fraud Lumber Stamp User Pays Big BucksPacific Lumber Inspection Bureau has agreed to an out of court settlement in a trademark infringement claim the organization had made against a company in the Southern U.S. for unauthorized use of a certification stamp....
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.