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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Interfor to Exit Operations In Québec
Interfor to Exit Operations In QuébecInterfor has announced plans to exit its operations in Québec, Canada, including the sale of its three manufacturing facilities and the closure of its Montréal corporate office. This strategic initiative will support a focus on the...
USDA Appoints Six Members To Softwood Lumber
USDA Appoints Six Members To Softwood LumberThe U.S. Department of Agriculture (USDA) has appointed six members to serve on the Softwood Lumber Board. The appointees will serve three-year terms beginning Jan. 1, 2025, and ending Dec. 31, 2027. Newly appointed members...
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