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
USDA Kills Hardwood Checkoff Program
There will be no Hardwood Checkoff promotions program. The U.S. Department of Agriculture has stopped the rulemaking process on the controversial "Hardwood Lumber and Hardwood Plywood Promotion, Research and Information Order." Published in the Oct. 28 Federal...
U.S. Lumber Coalition: Time To Rewrite Canada Softwood Agreement
The U.S. Lumber Coalition says the U.S.-Canada Softwood Lumber Agreement, which expired October 12, 2015, is due for a rewrite after nine years. "World timber and lumber markets have evolved and the 2006 agreement is now outdated," says Charlie Thomas, Chairman of the...
Montana Wood Products Industry Concerned About Expiration Of Trade Agreement
Approximately 500 jobs supported by Montana’s wood products industry have dried up this year alone, and with the expiration Monday of the 2006 Softwood Lumber Agreement between Canada and the U.S., even broader repercussions are expected to hit the state’s economy. In...
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.