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
Boise Announces New Investments
Boise Cascade has announced new investments in Alabama and Louisiana in support of its engineered wood products (EWP) growth strategy.
Hunt Modernizes Lathe Operations
In a significant step toward modernizing their production line, Hunt Forest Products in Pollock, La. is receiving new lathe controls and BlockLogix optimization from USNR, as well as a Bosch valve upgrade to the lathe spindles and replacing the lower portion of the core drive.
Roseburg Names Tony Ramm Senior VP
Roseburg announced that Tony Ramm has been named Senior Vice President of Human Resources and Labor, overseeing the company’s human resources, benefits and compensation, recruitment, and environmental health and safety teams.
PELICE 2024 Will Cover Higher Level Focus On Markets & Technologies
The ninth Panel & Engineered Lumber International Conference & Expo (PELICE) will feature 38 speakers, while nearly 100 exhibitor sponsors will fill the Grand Ballroom North of the Omni Atlanta Hotel at Centennial Park in downtown Atlanta, Ga. USA.
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