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
LP Opens New HQ
LP Building Solutions (LP) celebrated a landmark day in company history on Aug. 19, 2022 with the grand opening of its new global headquarters in Nashville, Tennessee. The new headquarters, which spans the top two floors—all 60,000 sq. ft.—of the Creative Office Building in Midtown’s Broadwest development, allows LP to further expand its corporate hybrid workplace model while upgrading its office environment…
PELICE 2022 Brought Everything From Taguchi To Board Quality Control
PART THREE: This is the third 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 two parts appeared in the May and July issues of Panel World, and the fourth and final selection will be in the upcoming November issue…
TP&EE Hosts Mass Timber Developments
The biennial Timber Processing & Energy Expo, following a pandemic-induced cancellation in 2020, returns this September 28-30 to the Portland Exposition Center in Portland, Ore. Hatton-Brown Expositions, an affiliate of Panel World magazine, has hosed the event since 2010.
“It’s hard to believe it has been four years since TP&EE was held, and what a strange trip it has been,” comments Rich Donnell, TP&EE Show Director and Editor-in-Chief of Panel World. “The important thing is that we’re back face-to-face. ‘Virtual’ is okay, but it’s not like being there.”
RoyOMartin Adds Natalie Monroe To Executive Leadership Team
RoyOMartin has named Natalie Martin Monroe Vice President of Environmental, Safety, and Sustainability Operations. She will also serve as a member of the Strategic Action Leadership Team (SALT) and the Corporate Secretary for the Martin Sustainable Resources (MSR) Board of Directors…
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