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
Great Plains MDF Moves Forward
Great Plains MDF announced it has selected a site for its greenfield wheat-straw based MDF plant, has added two industry veterans to its team, and has formed an…
Alex Hunt, Jr. Led Family Business
Alexander (Alex) Trotter Hunt, Jr., who began his wood products career working for the family’s lumber business in Louisiana, oversaw Willamette’s sawmill, plywood…
Plywood Leader Crutchfield Dies
Richard (Dickie) Lawrence Crutchfield Sr., who led Whiteville Plywood in Whiteville, NC, died peacefully November 28 at The Arboretum at Heritage Green in Greensboro…
New Strategic Marketing Manager For Roseburg
Roseburg announced that Kara Herron has joined the company as strategic marketing manager. Based at the Eastern Regional Office near Atlanta, Ga., Herron…
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!