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US Residential Construction Employment
The count of unfilled jobs in the overall construction sector increased in November, as hiring in the home building sector accelerated. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis Tuesday, the number of open construction sector jobs (on a seasonally adjusted basis) increased to 135,000 in November from 121,000…
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US Producer Prices: December 2015
In the US, The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for December Friday. Inflation in prices received by producers (prior to sales to consumers) declined 0.2 per cent in December based on declining energy prices. Prices for goods declined 0.7 per cent, but excluding food and energy, rose 0.1 per…
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Canada Housing Starts: December 2015
Canadian housing starts fell more than expected in December from a month ear- lier as construction of multiple units, typically condominiums, dropped sharply, the national housing agency reported on Monday. The Canadian Mortgage and Housing Corp indicated the seasonally adjusted an- nualized rate of housing starts dropped to 172,965 units in December from an up–…
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Sawmill Fire
Nobody was injured when a small fire caused an explosion that ripped a hole in a wall at the Flavelle Sawmill in Port Moody, BC, early Tuesday morning. PoMo Fire Chief Remo Faedo told The Tri-City News investigators are unsure what caused the blaze but said the flames heated up a nitrogen tank attached to…
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Japan Lumber and Logs: October 2015, Housing Starts
According to Japan’s Ministry of Agriculture, Forestry and Fisheries “Informa- tion on the Exports and Imports of Agricultural, Forestry and Fishery Products” report, Japan’s export of agricultural, forestry, and fishery products amounted to 66.07 billion yen in October 2015, an increase of 17.5 per cent from the same month of the previous year, said the…
