-
Transportation Update: North America
Big news out of the US this week on the transportation front: a Senate plan to fund federal highway and rail transportation projects for three years advanced on a procedural vote on Wednesday, overcoming a roadblock to begin debate on the legislation. The legislation is expected to dominate Senate debate into next week but would…
-
US Housing Starts: June 2015
New-home construction in the U.S. climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects. Housing starts rose 9.8 per cent to a 1.17 million annualized rate from a revised 1.07 million in May that was stronger than previously estimated, figures from the Commerce Department showed Friday…
-
US Producer Prices: June
The US Bureau of Labor Statistics (BLS) Wednesday released the Producer Price Indexes (PPI) for June. Inflation in prices received by producers rose 0.4 per cent in June after a 0.5 per cent increase in May. The increase was based on rising prices for both goods (0.7 per cent) and services (0.3 per cent). Within…
-
Canada Manufacturing Survey: May
Manufacturing sales in Canada edged up 0.1 per cent to $49.9 billion in May, while constant dollar sales fell 0.5 per cent, indicating a lower volume of goods sold, said Statistics Canada Wednesday. The slight increase in current dollar sales was the second gain in 2015. Sales were up in 6 out of 21 industries,…
-
Great Lakes Forestry Funding
The Government of Canada announced Tuesday $5-million in new funding for Natural Resources Canada’s Great Lakes Forestry Centre in Sault Ste. Marie, ON. The funding will be used for energy-efficiency and infrastructure upgrades to the Centre, which conducts research on sustainable forest management, biological control of forest pests and diseases, forest productivity and forest fire…
