Header: Header: Header:

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%.

Latest News

Oregon’s Rough & Ready Lumber Coming Down

The Rough & Ready Lumber mill that shut down last fall after 73 years in operation still has plenty of metal buildings and odd scrap metal lying around. But the guts are gone, said Link Phillippi, one of the mill’s owners. Workers Wednesday dismantled the boilers,...

Biewer Lumber Opens State-Of-The-Art Sawmill In Mississippi

Biewer Lumber Opens State-Of-The-Art Sawmill In MississippiIn recent years the operation of sawmills has changed significantly, replacing the manual labor of earlier generations with modern technology – evident at the new state-of-the-art lumber mill in Newton. The...

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.