-
US Home Sales, Prices: June 2015
New-home sales fell 6.8 per cent in June from a month earlier to a seasonally adjusted annual rate of 482,000, the lowest reading since November 2014, the US Commerce Department said Friday. US new home sales fell 1.1 per cent in May, down from an initially reported 2.2 per cent increase. Sales jumped 28 per…
-
Chicago Fed Index: June
The Chicago Federal Reserve’s national activity index the Chicago Fed National Activity Iindex (CFNAI) moved up to +0.08 in June from –0.08 in May, largely due to improvements in production- and employment-related indicators. Three of the four broad categories of indicators that make up the index increased from May, and two of the four categories…
-
Seneca Breaks Ground
Major building upgrades are set to begin at Eugene, OR-based Seneca Sawmill Company Friday, said The Register-Guard. The company invited media to the start of a US$60 million overhaul of its dimension mill on Highway 99. The dimension mill processes logs with diameters between 12 and 40 inches. The upgrades will improve efficiency at the…
-
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…
