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April 16, 2010 Housing Numbers Continue to Improve Permits for privately owned housing units in March were at a seasonally adjusted rate of 685,000, a 7.5% increase over the revised February rate of 637,000 and 34.1% above the March 2009 estimate of 511,000, the U.S. Census Bureau reported today. Single-family permits were at a rate of 543,000, up 5.6% from the revised February figure of 514,000 and 50.8% above March of last year.
Meanwhile, March housing starts were at a seasonally adjusted rate of 626,000, which is 1.6% above the revised February estimate of 616,000 and 20.2% above the March 2009 rate of 521,000. Single-family starts were at a rate of 531,000, down 0.9% from the revised February figure of 536,000, but up 47.1% over March 2009. Click here to read the Census Bureau’s report and find a full statistical breakdown. |
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Time to Prepare for Future Our industry has changed dramatically thanks to the historic downturns that slammed the nation’s housing market and economy in late 2008 and 2009. A slow, but steady recovery appears to be in sight, however, so now is the time to start looking ahead by attending SFPA’s Midyear Meeting to hear status reports on several major initiatives that will affect our industry in the coming years.
The meeting is May 26-27 at the Hotel Monteleone in New Orleans. Speakers include Carlton Owen of the U.S. Endowment for Forestry and Communities; Bob Glowinski of the American Wood Council with Joe Patton of Westervelt Lumber and Marc Brinkmeyer of the Idaho Forest Group; Steve Lovett of the Blue Ribbon Commission for Check-off; and Cees de Jager of the Binational Softwood Lumber Council. Hotel rooms must be reserved no later than April 26 to obtain SFPA’s special rate. Click here for a meeting agenda and details about how to register. And if you have questions, contact Linda Patch, program administrator, at 504/443-4464, ext. 231, or by e-mail at lpatch@sfpa.org.
If you want to mix a little pleasure with business while in New Orleans that week, you might want to take in the New Orleans Wine & Food Experience. One of the most prestigious festivals of its kind, the event – set for May 25-29 – brings together world-renowned winemakers and celebrated chefs. Visit www.nowfe.com for details. |
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Let’s Not Forget Wood on Earth Day
Several industry publications and related associations have already helped spread the word. “Wood Facts” and SFPA’s environmental message were mentioned in Texas Forestry, Building Online’s eUpdate, the LBM Alert, the Florida Building Material Association’s e-Blueprint, BC Wood News & Updates and the Business Innovation Partnership’s Web site. The North American Wholesale Lumber Association included a link to “Wood Facts” in their March newsletter and reported that out of 30 links included in the newsletter, “Wood Facts” attracted the second highest number of clicks. If you have questions, contact Georgiann Gullett, SFPA’s communications manager, at 504/443-4464, ext. 216, or by e-mail at ggullett@sfpa.org. |
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SFPA Seeking Safety Award Candidates
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