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

Canfor Establishing U.S. Headquarters In Alabama

Canfor Establishing U.S. Headquarters In AlabamaCanadian wood products company Canfor is opening its U.S. headquarters in Mobile. The U.S. branch will operate under the name Canfor Southern Pine, said Fred Stimpson, Canfor Southern Pine president. The move will bring...

Canada, U.S. Far Apart On Softwood Lumber

Canada, U.S. Far Apart On Softwood LumberWith a fall deadline approaching, Canada's chief negotiator in the softwood lumber talks with the United States says the two sides remain far apart on several key issues. Martin Moen told a parliamentary committee on Thursday...

Weyerhaeuser To End Production At Montana Mills This Week

Seventy years of lumber production will come to an end this week when the Weyerhaeuser Company starts to shut down its lumber and plywood mills in Columbia Falls. Weyerhaeuser Montana Resources Team Leader Tom Ray said lumber production will end Aug. 19, although some...

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.