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US Home Equity for New Small Businesses
Equity in a home was used as a source of capital to start 284,618 businesses in the US—7.3 per cent of all businesses—according to a new source of data released August 10 by the US Census Bureau. The new data source is the Annual Survey of Entrepreneurs, which collects economic and demographic information on businesses…
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Weekly Rail Traffic, US: Aug 2017
For the week ending August 6, total US weekly rail traffic was 554,822 carloads and intermodal units, up 4.3 per cent compared with the same week last year, said the Association of American Railroads August 9. Total carloads for the week ending August 5 were 273,199 carloads, up 1.9 per cent compared with the same…
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Softwood Lumber CVD Gap Window *Use With Caution*
Much fuss was made this week among operators subject to the Canadian Softwood Lumber AD/CVD Case CVD GAP period. The issue requiring further clarification has to do with the ability of the U.S. Customs Broker to delay filing of a shipment’s “Entry Summary” for ten business days from the time the shipment is “Arrived” at…
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Canada-US Softwood Lumber Trade: Further Updates
Fast on the heals of British Columbia’s new NDP Premier John Horgan’s assertion last week that Canada and the US were “close” to a new softwood lumber trade deal, Canadian Prime Minister Justin Trudeau said on Tuesday he was “very hopeful” of getting a deal with the United States on softwood lumber, which has become…
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US Private Residential Construction Spending: June 2017
National Association of Home Builders analysis of Census Construction Spending data released Tuesday shows that total private residential construction spending stood at a seasonally adjusted annual rate of $US502.9 billion in June, 0.2 per cent lower than downwardly revised May estimates. It was the third consecutive monthly decrease after a strong start this year. Nevertheless,…
