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
Vida Purchases Swedish Sawmill
Vida Purchases Swedish SawmillVIDA AB plans to acquire a 50MMBF sawmill from Ingarp Träskydd for...
Daniels, Pannell Join Potlatch
PotlatchDeltic Corp. has announced that Ryan Daniels and Bobby Pannell have joined the Wood Products division, with Daniels serving as Director of Operations, responsible for leading the manufacturing teams at the six lumber facilities and the St. Maries plywood mill, and Pannell serving as Director of Engineering, responsible for leading the engineering, reliability, and continuous improvement team for the division…
Labor Department Slaps Sawmill Operator
U.S. Dept. of Labor obtained a federal consent order and judgment against a Northern sawmill operator following the death of a child due to an “industrial accident.” The order requires the company to place labels and signage to prevent children under age 18 from using dangerous equipment and entering the company’s sawmill and planer buildings…
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.