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
Future Looks Much Brighter For Western Forest Products
All indications are that the future may be bright for Western Forest Products, which operates two sawmills in Nanaimo, and the province's forest industry after years of struggle. WFP, one of the largest forest companies in the province, reported in May that it had...
Alaska Sawmill Destroyed By Fire
One of the last major Alaska sawmill operations in Wrangell has been destroyed by fire. Mike Allen Enterprizes burned to the ground in Tuesday’s mid-afternoon fire at 13 Mile Zimovia Highway. The distance as well as unreliable phone service made firefighting a...
Montana Sawmill Gets $650K Loan For New Employees, Equipment
A Montana sawmill has received $650,000 to fund new equipment and hire more employees. Pyramid Mountain Lumber Co. plans to bump production as much as 10 percent with new equipment bought with a state revolving fund loan. “We’re the third loan since all these funds...
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.