The U.S. has recently received an additional spate of bad news concerning its housing market. Since the expiry of the tax credit on April 30th, homebuyers have become an endangered species and both developers and real estate professionals are finding it a hard scrabble to make sales. Show More Summary
As Montreal heads into the second half of 2010, it’s clear that the city must be doing something right.
According to the Ontario Collective Bargaining Review, 2,025 collective agreements were negotiated in 2009.
A brief inspection of the Massachusetts Prompt Pay Law
Much can be learned about the economy by analyzing shifts between the five major asset classes – stocks, bonds, currencies, commodities and real estate. These investment vehicles are linked together in complicated ways, often moving in tandem, but at other times inversely. Currently, North American investor interest is mainly focusing on the stock markets.
Kitchener, Ont.’s economy is heading into the second half of 2010 in high gear, based on the employment report for July and the building permits statistics for June.
U.S. employment fell by 131,000 in July, the Bureau of Labor Statistics recently reported. This was less than June’s decline of 221,000, but it was disappointing nonetheless after the substantial month-to-month gains earlier in the year. Show More Summary
Given that Chicago’s June unemployment rate – 10.6% – is more than a full percentage point above the national average of 9.5%, it is clear that the Windy City’s economic health is still fragile and that a full recovery is months awa...
Among the 50 largest metro areas in the country, the economic health of Austin, Texas is second to none, according to the June 2010 employment report.
The accompanying tables show 20 of the largest upcoming medical and education construction projects. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations.
It’s been a challenge to assess the impact on the economy of the Infrastructure Stimulus Fund (ISF), introduced by the federal government in the 2009 budget.
Over the past several weeks, there has been an increase in concern about the health of the U.S. economy.
Housing demand in Canada’s six major cities was still quite strong midway through the second quarter, based on the most recent (April) Teranet/National Bank House Price Index.
One of the major clouds hanging over British Columbia’s economy and forest products industry is uncertainty about the mountain pine beetle epidemic.
The accompanying table records the 10 largest construction project starts in Canada in July 2010. This looks at 12-month moving totals of the two major non-residential building categories in Canada ? total ICI starts and engineering work. ICI stands for industrial, commercial and institutional.
The construction industry is a major energy consumer. Given recent concerns about the significant potential impact of carbon taxes and/or cap and trade legislation on all energy consumers, it is useful to try and get some perspective on the world’s current “hot” button issue: climate change.
The most recent data releases south of the border provide further evidence that the U.S. economy has gone into a summer doze.
In a recent analysis of the health of the Canadian auto manufacturing industry a year after the government bailout of General Motors and Chrysler, Dennis DesRosiers, Canada’s leading automotive industry analyst, made a number of insightful observations.
To all appearances, the U.S. housing market is moving sideways. That is what several recent data releases suggest. June new home sales increased to 330,000 units from their cyclical low point of only 267,000 units the month before. However, this still left them at the same depressed level where they have been for most of the past year and a half. Show More Summary