Home Construction Market Update – Housing Starts Plummet in March Amidst Coronavirus Shutdowns - Apr 17, 2020
This sudden drop follows an upward trend as the housing sector had continued to gain significant momentum in 2019. When compared to March 2019 numbers, housing starts are still up 1.4% despite all the COVID-19 impacts.; Details Matter With PPP: For starters, there is no guarantee the loans will be forgiven. You have to submit an application to your lender. Fill out the paperwork wrong, and you may get a big “Rejection” notice even if your company suffers hardships due to COVID-19, and you retain workers.; NEWS IN BRIEF: The European Pallet Association (EPAL) has developed its CP pallet, a design based on the technical needs of the chemical industry. Researchers have discovered that two eastern softwoods have the structural stability to be used in cross-laminated timber (CLT) construction. NC State’s Lumber Drying Mini-Course goes online. J.D. Irving has re-opened a sawmill that was temporarily closed in Nova Scotia due to workers testing positive for COVID-19.
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