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
U.S. Housing Starts Dip Slightly In November
U.S. housing starts (combined single-family and multi-family) showed a slight decline in November, coming in at a seasonally adjusted rate of 1.427 million, 0.5% below October, and 16.4% below starts in November 2021, according to the U.S. Census Bureau and U.S. Dept. of Housing and…
Snider Industries Announces New Plant Manager
Snider Industries, LLC has announced that after 23 years of Jimmy Brewer at the helm, the role of plant manager is being transitioned to Wayne Fleming. Fleming brings over 30 years of forest products industry experience to the role. With this transition, Snider Industries is building on…
Alabama Wildlife Federation, The Westervelt Co. Unveil “Westervelt Forest”
Representatives of the Alabama Wildlife Federation (AWF) and The Westervelt Co. unveiled “Westervelt Forest” with a ribbon cutting on December 6. The seventy-acre working forest and wildlife demonstration area, located at AWF State Headquarters in Millbrook, Ala…
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.