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
Timber Construction Has Mill Machinery Rolling
Timber construction is opening a new market that has been keeping lumber and milling machinery busy at a growing number of wood products companies,...
Permit Approved For Nation’s First All-Wood High-Rise In Oregon
Officials in Oregon have approved construction permits for the first all-wood high-rise building in the nation. Construction on the 12-story...
Woodworking Innovations Highlight Ligna 2017
Against a backdrop of Industry 4.0, “LIGNA 2017 will go down as a milestone in the digitalization of the wood industry,” said Dr. Andreas Gruchow,...
EPA’s Final Rule Extends Formaldehyde Compliance Dates
EPA issued a proposed Direct Final Rule, concerning formaldehyde emission standards for composite wood products, extending all of the TSCA Title VI...
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
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.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!