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 Urban Development monthly new residential construction report.
Single-family starts were 828,000, down 4.1% compared to October, and recording the third consecutive monthly decline; but multi-family came in at 584,000, up 4.8% over October.
Building permits declined 11.2% to 1.342 million, including a 7.1% drop in single-family to 781,000, and a 17.9% dip in multi-family to 509,000 compared to October.
Housing completions in November were 1.490 million, an increase of 10.8% over October, including single-family completions at 1.047 million, up 9.5%, and multi-family completions at 430,000, up 16% from October.
Alan Douglas Brett, who in the latter half of his career led the international advertising sales growth of Panel World magazine, and whose vigorous life included professional motor cycle speedway racing as a young man and a long stint as sales manager with the Daily Telegraph in London, died January…
To better address its operational and strategic development plans, Raute is changing its organizational structure, which will strengthen Raute’s ability to service customers and streamlines internal operations. The change will also be reflected in the…
Roseburg Forest Products has ordered a veneer dryer for its plant in Coquille, Ore. from Westmill. At 204 ft. length, the dryer will be the longest veneer dryer in North America, according to the participants. The 6-deck, steam-heated jet dryer is designed to dry the heaviest moisture Douglas fir, hemlock and spruce…
Find Us On Social
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!