Single-Family Housing Starts Rise Again
U.S. housing starts reached a seasonally adjusted rate of 1.415 million in September, a 1.9% increase above August and an 11.1% increase over September 2019. Single-family starts carried the day at 1.108 million in September, a whopping 8.5% above August and 22.3% over September 2019.
Single-family starts have increased for five consecutive months, since hitting a low ebb of 679,000 during the onslaught of the pandemic in April.
Multi-family starts, however, continued a downward swing in September, at 295,000, 14.7% decline from August.
Building permits in September were 1.553 million, a 5.2% jump over August and 8.1% increase compared to September 2019.
Latest News
New Northwest Pellet Mill Gains Approval
New Northwest Pellet Mill Gains ApprovalAir quality officials recently issued a final notice and...
Collins Sues PG&E Over Dixie Fire
Collins Pine Co. and several affiliated companies have filed a lawsuit against Pacific Gas and Electric utility seeking compensation for property and business losses stemming from the Dixie Fire in July 2021, which was caused by PG&E’s equipment and negligent operations, according to the complaint.
Prairie Wood Products Closes Due To FS Transport Grant Dispute
Prairie Wood Products Closes Due To FS Transport Grant DisputeClaiming that a change in policy...
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.