Industry News & Blogs

Big Leaps in Both U.S. and Canadian Jobs in March

It’s on occasions such as this that it’s good to be an economist. That’s because it’s more fun delivering positive rather than negative news. It’s on occasions such as this that it’s good to be an economist. That’s because it’s more fun delivering positive rather than negative news. In Ma...

Are the Stock Markets Marching in Front of or Lagging Behind the News?

The major U.S. stock market indices have maintained a sweet and steady groove, with the S&P 500 setting a new all-time high on March 21 and the Dow Jones Industrials index sitting just below its record peak.   The major U.S. stock market indices have maintained a sweet and steady groove, with th...

Reed Construction Data Announces Spring Economic Webcast: 2014, Breakthrough Year for Construction

Construction economy experts, Bernard Markstein of Reed Construction Data, Kermit Baker of the AIA and Ken Simonson of the AGC join forces in an all-new webcast to discuss what’s ahead for 2014 construction. Reed Construction Data announces its sixth annual spring economic webcast: 2014, Bre...

NLCA and Reed Construction Data Create Strategic Alliance

New strategic alliance between NLCA and Reed will share information on an unprecedented scale. New strategic alliance between NLCA and Reed will share information on an unprecedented scale, creating outstanding value for the Atlantic construction industry. Newfoundland and Labrador Construction A...

Canada’s Long-term Construction Outlook Puts the Recession in its Rear-view Mirror

The tables accompanying this article set out CanaData’s latest put-in-place investment forecasts. The tables accompanying this article set out CanaData’s latest put-in-place investment forecasts. There are 14 tables in all ‒ seven in current dollars and an equal number in “real” or “constant...

ECONOMIC NUGGETS – April 2, 2014

Economic nuggets from the past two weeks/ news headlines and industry publications.   Janet Yellen, the new chairperson of the Board of Governors of the Federal Reserve System, survived her first press conference. She learned the hard way the weight her words carry when asked when the Fed was l...

Construction Spending Ekes Out a Small Gain in January

The U.S. Census Bureau reported that total construction spending edged up 0.1% in January to $943.1 billion at a seasonally adjusted annual rate (SAAR). December’s spending number was revised up by $11.4 billion, 1.2% of the previously reported number. As a result, December’s monthly increase was re...

Heavy Engineering Construction Moves Forward in January

Heavy engineering (non-building) construction spending started the year with a 0.4% gain on a seasonally adjusted (SA) basis after surging 3.4% in December. Although November spending was revised down by $2.1 billion (0.8% of previously reported spending), December spending was revised up by $4.9 bi...

Nonresidential Building Construction Continues to Struggle in January

Nonresidential building construction spending fell 1.0% at a seasonally adjusted (SA) rate in January following a 1.3% drop in December. November spending was revised down by $3.0 billion, 1.0% of the previously reported spending number. This was partially offset by an upward revision in December of...

New Residential Construction Continues to Move Higher in January

New residential construction spending continued on its upward trajectory, rising 1.7% on a seasonally adjusted (SA) basis in January after advancing 2.5% in December. January marked 28 months in a row that spending increased. New residential construction spending continued on its upward trajectory...

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