U.S. Housing Starts Fall While Building Permits Rise
U.S. housing starts fell in August from July, at a seasonally adjusted rate of 1.283 million, down 11.3%. Single-family starts were at a rate of 941,000, 4.3% below July, while multi-family starts were the primary culprit at 334,000, down 26.3%, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Housing starts had increased 4% in July over June, with single-family increasing 6.7% in July over June.
Building permits in August were 1.543 million, almost 7% above July. Single-family permits were 949,000, 2% above July, and multi-family was 535,000, up nearly 15%.
RELATED ARTICLES
Single-Family Starts Lead U.S. Housing Rebound In July
Housing Starts Decline, But Still Steady
Housing Starts Come On Like Gangbusters
Housing Starts Increase In April
Single-Family Housing Starts Show Strength
U.S. Housing Starts Rebound In February
Latest News
New California Sawmill Receives Boiler Grant
New California Sawmill Receives Boiler Grant A new sawmill in Truckee, Calif. that was approved by county officials in October recently received a $1.5 million grant from the Sierra Nevada Conservancy (SNC) for the purchase of a second wood-fired boiler at the...
New OSB Project In Alabama Gains Permitting
New OSB Project In Alabama Gains PermittingPeak Renewables U.S. Inc. has received required permitting for the construction and operation of a greenfield 650MMSF oriented strandboard plant in Enterprise (Coffee County), Ala. Last February, the Enterprise City Council...
Loan Program Aims For Wood Processing Facilities To Help Reduce Wildfire Threats
Loan Program Aims For Wood Processing Facilities To Help Reduce Wildfire ThreatsU.S. Department of Agriculture (USDA) Secretary Tom Vilsack has unveiled a new program to support American wood processing facilities, through a partnership with the USDA Rural Development...
Carbotech Group Announces New Strategic Direction
Carbotech Group Announces New Strategic DirectionCarbotech Group is proud to announce a major strategic step: The unification of Carbotech and Autolog, acquired in 2021, under a single operational entity, Carbotech. This initiative strengthens the company's identity,...
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.