Business

Production of new single-family homes and apartments rose 9.3 percent to a seasonally adjusted annual rate of 685,000 units in November.

Simpson Strong-Tie agreed to acquire substantially all of the assets of North Carolina-based Automatic Stamping.

Harvard researchers contend in a new book that builders were more focused on growing their companies from 1999 to 2004 than improving their products and operating procedures.

The National Labor Relations Board issued a rule that will lead to speedier union elections and make it easier for unions to gain members, the US Chamber has filed suit.

One analyst makes the case that 30-year fixed-rate mortgages may be a great deal less safe than they are advertised to be.

The results of a working session of Southern Pine lumber producers, component manufacturers, builders, lumber dealers and technical experts regarding proposed design values for visually graded Southern Pine lumber are now available in a  report. 

Small-business optimism rose for the third consecutive month, gaining 1.8 points in November, and settling at a still weak 92.0.

The pressure is on the other domestic mills as now both Nucor and US Steel have revised their coating extras on galvanized steel.

Nucor expects that its fourth quarter net income will be far below what analysts were expecting, as low steel prices cut the company's profit margins.

After 77 years, Parker Lumber is closing in Maitland, Fla., to make way for a commuter rail station.