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Housing Starts Increase In April

Housing starts across the U.S. increased in April 2.2% to 1.4 million according the U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction report released May 17. Notably, this is 22.3% lower than April 2022’s 1.8 million. Single-family home construction increased 1.6% to its highest level so far in 2023. Starts of apartment buildings and other multifamily projects also rose: The April rate for units in buildings with five units or more was 542,000.

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Two More Oregon Mills Go Down: Malheur, W. Cascade Closures

Two More Oregon Mills Go Down: Malheur, W. Cascade ClosuresTwo more Oregon sawmill operations have announced imminent closures, extending a run of bad news that began earlier this year and the announcements now make seven mills in the state that have quit operating in...

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