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ISM Manufacturing Index, US: August 2015
The Institute for Supply Management’s manufacturing purchasing managers index, released Tuesday, fell to 51.1 in August from 52.7 in July. Manufacturing Index, US The ISM survey’s exports index declined to 46.5 last month from 48 in July. That gauge has slid each month since May—the last time it was at a break-even level. The new-orders…
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Merchandise Trade, US and Canada: July 2015
Canada’s exports rose 2.3 per cent in July and were concentrated in non-energy products, according to Statistics Canada Thursday. Exports excluding energy products rose 4 per cent. Overall, export prices grew 1.3 per cent while export volumes advanced 1.0 per cent. US exports, meanwhile, increased 0.4 per cent to US$188.5 billion, despite a strong dollar…
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Canada and US Residential Construction Spending
Canadian investment in residential construction totalled $28.9 billion in 2Q, up 4 per cent from the same quarter in 2014, said Statistics Canada Thursday. Renovation spending (up 4.3 per cent to $13.9 billion), investment in apartment and apartment-condominium buildings (up 9.9 percent to $3.9 billion) and acquisition costs for new dwelling units built (up 9.9…
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New Inland Container Port: British Columbia
A new container transload facility in the BC interior, which received its first containers from Hapag-Lloyd this week, has been in the making for more than a decade. Funded primarily by the Landucci family, with a $3.57-million grant from the federal government, the terminal is expected to offer an inland port for some of the…
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Interfor to Cut US South Lumber Production
Interfor Corp, out of Vancouver, BC, Friday announced plans to reduce production across its operating platform in the US South by 20 per cent on a temporary basis in response to weak market demand. These curtailments will be taken by way of reduced hours at five of the company’s mills in the region and will…
