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.
Latest News
Pyramid Mountain Closing Sawmill
Reports in late March indicate that Pyramid Mountain Lumber plans to close its Seeley Lake, Mont. sawmill. Pyramid announced its board of directors and shareholders unanimously voted “with the heaviest of hearts” to shut the mill and wind down operations as a result of a financial crisis that is worse than challenges the mill weathered in 2000, 2007 and 2015.
The Issues: Oregon Facing Danger Signs
Oregon Facing Danger SignsArticle by Dan Shell, Senior Editor, Timber Processing April 2024 The state may be the top U.S. lumber producer right now, but log supply in Oregon the past 30 years or so has been an uneasy balance of private, federal (Forest Service and...
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.