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
Producers Sign Orders
Boise Cascade in Chester, SC has ordered its third veneer dryer system from USNR. The 14-section steam heated M-72 jet dryer includes USNR’s Unloader, Gsc2000 scanning system, Sequoia Sentry moisture detector, and a 4-bin random/sheet stacker…
Zak Leads Dürr’s Clean Tech Systems
Ken Zak is the new head of the Dürr Group’s Clean Technology Systems division, succeeding Dr. Daniel Schmitt, who joins the Board of Management of Homag Group AG….
Homag Purchases Press Manufacturer
Homag Group is acquiring majority interest in the Danish mechanical engineering company, Kallesoe Machinery A/S, as Homag takes another step toward establishing…
Raute To Move Locations For Chinese Operations
Raute is moving its operations in China to a new location in Changzhou, which is in the Jiangsu province. The new facility is located three hours of driving time from Shanghai and there…
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!