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
Look Long-Term For Better Markets
Article by Dan Shell, Managing Editor, Timber Processing (2011) The other day I attended a ribbon-cutting ceremony at the world’s largest fuel pellet plant in Waycross, Ga. The Georgia Biomass facility is owned by a…
Promoting Ourselves Home And Abroad
Story by Rich Donnell, Editor-in-Chief Last November in this space we informed you that Timber Processing had gone global, adding 1,200 sawmill owners, managers and other lumber industry professionals from outside of North America to…
Remember When You Didn’t See It Coming?
Story by Rich Donnell, Editor-in-Chief This issue focuses on our Sawmill Capital Expenditure Survey of softwood and hardwood lumbermen throughout the United States. The results coming out of the survey are quite interesting. I won’t…
Is The New Wood Bioenergy Market Going To Stick?
Story by Rich Donnell, Editor-in-Chief Your head would have to be buried in the sand to not hear or read about the ongoing developments in what we call “the new generation” wood bioenergy industry. Of…
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.