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
Reviving Timber Sales Boost Sawmill Hiring
Lumber and wood products firm Sierra Pacific Industries has its help-wanted sign out, with rising demand reactivating dormant plants and putting workers on overtime. At Sierra Pacific Industries, job listings include a millwright/machine maintenance technician for the...
Railroads Pull Cars From Storage To Haul Lumber For Homebuilders
Union Pacific is pulling railcars from storage for the first time in four years to haul lumber for home builders, a welcome source of strength for an industry that’s bucking the effects of a slowing economy. North American rail carloads of lumber and wood products...
Eacom’s Timmins Mill To Reopen In April 2013
Work is beginning to rebuild a Timmins sawmill destroyed by fire this past winter. About 120 people were put out of work in January when the Eacom mill was shutdown after the blaze. Company vice-president Mel Lemky said he's ordering new machinery. In the meantime,...
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.