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
Austria’s Klausner Group Plans To Build Sawmill In North Florida
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); The U.S. subsidiary of Austrian lumber giant Klausner Group is planning to build a 700 million board ft./year sawmill in North Florida, Euwid reported on July 30. Few details have apparently…
Wood Products Boost Revenues At Weyerhaeuser
Weyerhaeuser Co., one of the industry’s largest supplier of wood products, reported net sales from continuing operations of $1.8 billion for its second fiscal quarter, a 12.5% increase over net sales from continuing operations of…
N.M. Rep. Pursues Forest Restoration Efforts Through Logging, Sawmilling
U.S. Representative Steve Pearce is continuing to pursue his desire to create jobs by reestablishing logging and sawmilling in New Mexico, and specifically in Cibola County. He visited the Mt. Taylor Manufacturing’s sawmill in Milan…
Burns Lake Sawmill Recovery Efforts Continue, Six Months After The Blast
It was six months ago last Friday that explosion and fire ripped through the Babine Forest Products saw mill in Burns Lake. Two people died, a further 44 were injured. Since that time, there have…
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.