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
Evergreen Adds Seattle Office
Evergreen Engineering, Inc., is adding a location in the Seattle, Wash. area. “We wanted to better serve our major wood products and pulp & paper clients in Washington state,” comments Evergreen Business Development Director Aaron Edewards. “We also wanted to take...
Element5 Plans Second CLT Plant
Element5 Plans Second CLT PlantTembec founder Frank Dottori appears to be fronting the establishment of Ontario’s first cross-laminated timber (CLT) plant in St. Thomas, Ontario. The Ontario government announced a contribution of close to $5 million for the $32...
Hardwood Lumbermen Aren’t As Upbeat
Hardwood Lumbermen Aren’t As UpbeatA survey conducted in Timber Processing in April 2019 revealed, not surprisingly, that confidence has declined among U.S. hardwood lumbermen compared to a similar survey a year ago. Over half of U.S. hardwood lumbermen (55%) are...
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.