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
All Said And Done: Fifty Speakers Brought Their Expertise To PELICE
PART FOUR: This is the fourth of a four-part series summarizing the presentations delivered during the Panel & Engineered Lumber International Conference & Expo (PELICE) held this spring and hosted by Panel World in Atlanta March 31 to April 1. The first three parts appeared in the May, July and September issues. PELICE 2024 will be held March 14-15, 2024 again at the Omni Hotel at CNN Center in Atlanta…
Plywood Operations Order Lay-Up Lines
Due to the industry-wide challenge to get labor, automation plays a big part in profitable production. This is one of the reasons Richmond Plywood Corp. Ltd. (Richply), Canada, and Tolko Industries…
Peak Renewables Announces SYP Pellet Mill in Alabama
Vancouver, Canada-based Peak Renewables plans to build a 180,000 metric tons per year wood pellet mill in Dothan, Ala. The $30 million project will utilize residuals from Rex Lumber sawmills in the area…
Dieffenbacher Collaborates On EU-funded EcoReFibre Project
Dieffenbacher Collaborates On EU-funded EcoReFibre Project Dieffenbacher and 19 organizations from seven countries have joined forces in the...
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!