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
Saariaho To Start As President & CEO Of Raute Corp. On October 1
Mika Saariaho’s starting date as President and CEO of Raute Corp. has been specified. He will start in the position on October 1, 2022. On May 24, 2022, Raute announced Saariaho’s appointment and that he will assume his position at the latest on November 24, 2022…
LP Goes With Biele For Manitoba Shake Line
Louisiana Pacific and Biele Group have successfully implemented their first project—a shake profile production line in Swan Valley, Manitoba, Canada. This investment is part of the company’s expansion plans for siding products within their LP SmartSide…
Wood Producers Stand Out At IWF
The International Woodworking Fair (IWF) at the Georgia World Congress Center completed four days of tremendous activity on Friday, dominated by 925 exhibits. Machinery on tap was mostly downstream, remanufacturing and secondary processing, with some primary manufacturing technologies and laminate…
West Fraser To Curtail Shift At Two Sawmills; Plywood Plant
West Fraser Timber Co. Ltd. has announced it is permanently curtailing approximately 170 MMBF of combined production at its Fraser Lake and Williams Lake sawmills and approximately 85 MMSF of plywood production at its Quesnel Plywood mill…
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!