U.S. Housing Starts Show Big Increase
U.S. housing starts in June increased more than 17% over May to an annual rate of 1.186 million, with both single family housing starts (831,000) and multi-family housing starts (350,000) showing big increases, according to the U.S. Census Bureau monthly report.
Housing starts performance in June continues a bounceback from the low of 934,000 starts in April following the onslaught of the pandemic. The June 2020 number is only 4% below June 2019.
RELATED ARTICLES
Single-Family Starts Dip, But Multi-Family Ticks Upward
U.S. Housing Starts Hit A High Note
U.S. Housing Dips Again in February; Pandemic Started Hitting Home A Year Ago
Housing Starts Jump Out Of Gate Slowly, But Building Permits Looking Good
Housing Starts Finish Year With A Bang
U.S. Housing Starts Continue Upward
U.S. Single-Family Starts Jump for Sixth Month In Row
Single-Family Housing Starts Rise Again
Single-Family Housing Starts Go Up
Latest News
Robbins Lumber Acquires Two Sawmills In Maine
Robbins Lumber, Inc., based in Searsmont, Me., has acquired two sawmills from Pleasant River Lumber Co., expanding the company’s footprint from two locations to four locations. The sawmills in Hancock and Sanford, Maine, will retain all 74 employees between the two locations. The company says the acquisition will allow it to build upon its eastern white pine production, which the…
Luoma Announces Retirement
Longtime executive and manager in the wood products industry, for years with LP, Brian Luoma announced he is retiring at the end of 2023 from his position as president and CEO of The Westervelt Co. Luoma joined Alabama-based Westervelt as president and CEO in 2017, and has been instrumental in the company’s expansion of its lumber and timberlands divisions…
Maybe The Markets Will Surprise Us Once Again
Article by Rich Donnell, Editor-in-Chief, Timber Processing June 2023 – If you didn’t notice it on the cover, your eyes are getting as bad as mine, but yes this is our annual U.S. Sawmill Operations and Capital Expenditure survey report. It doesn’t pretend to be as…
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.