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US Mortgage Deliquency: July 2015
Freddie Mac reported Friday that the Single-Family serious delinquency rate declined in July to 1.48 per cent, down from 1.53 per cent in June. Freddie’s rate is down from 2.02 per cent in July 2014, and the rate in July was the lowest level since October 2008. Freddie’s serious delinquency rate peaked in February 2010…
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Canada Industrial Price Index: July 2015
The Industrial Product Price Index increased 0.7 per cent in July, mainly because of higher prices for motorized and recreational vehicles, said Statistics Canada also Friday. The Raw Materials Price Index declined 5.9 per cent in July, led by lower prices for crude energy products. Canada Industrial Product and Raw Materials Prices The Industrial Product…
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US Architecture Billings Index: July 2015
The Architecture Billings Index (ABI) is reflecting healthy and sustained demand for design services in nearly all nonresidential project types, the American Institute of Architects (AIA) said Wednesday. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The AIA…
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US Producer Price Index: July 2015
The US Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for July. Inflation in prices received by producers (prior to sales to consumers) rose 0.2 per cent in July after a 0.4 per cent increase in June. The increase was based on rising prices for services (0.4 per cent), prices for goods…
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Goodfellow – Lebel Cambium Joint Venture
A joint venture announced this week would combine Goodfellow’s three plants in Delson, QC, Elmsdale, NS, and Deer Lake, NL, and Lebel Cambium’s two Ontario plants (Bancroft and Caledon) and two Quebec plants (Degelis and St-Joseph), as those two companies expand their reach and profits by forming one of Eastern Canada’s largest producers of treated…
