Mixed signals from U.S. construction industry
New orders soar
Jobs market still weak: "Beige book"
4.5% drop blamed on blackout
Plunge in imports boosts Canadian trade surplus
Trade deficit narrows
Commercial construction market remains weak
U.S initial jobless claims dropped to an eight-month low last week, down 23,000 to 382,000. The report is good news for those who fear the lack of job growth could hamstring the U.S. recovery.It’s the second time in the last month that weekly claims have been below 400,000 comfort level. Recent economic growth is finally […]
Demand for housing remains strong
Sharp decline likely a one-off spike