U.S. Housing Starts Show Significant Jump In September
U.S. housing starts increased 7% in September from August, coming in at a seasonally adjusted rate of 1.358 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report. Single-family starts were at a rate of 963,000, up 3.2%, and multi-family starts were 383,000, up 17%.
Building permits were 1.473 million, 4.4% below August, though single-family was 965,000, up 1.8%, while multi-family permits were 459,000, down 14%.
Housing completions were at a rate of 1.453 million, 6.6% above August, with single-family at 998,000 completions, up 5.3%, and multi-family at 445,000, up 10.1%.
RELATED ARTICLES
U.S. Housing Starts Fall While Building Permits Rise
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
IKEA Will Close Lone U.S. Plant
IKEA Industry announced it will discontinue production at its Danville, Va. location in December. The plant, which has been in operation since 2008 and employs 300, produces wood-based furniture for its retail stores in the U.S. and Canada. Production will be moving...
Reaching Excellence
Reaching ExcellenceArticle by Jessica Johnson, Senior Associate Editor, Timber Processing September 2019 The parallels between sports and success are strong; the life lessons kids learn while playing on teams is invaluable. Teaching children you finish what you start,...
Mid-South Recognized For Work At Dierks
Mid-South Engineering, Hot Springs, Ark., was awarded three Engineering Excellence awards from the Arkansas branch of the American Council of Engineering Companies for its work on the new 388MMBF Weyerhaeuser sawmill in Dierks, Ark. Among other statistics, the sawmill...
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.