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US Purchasing Managers Index, Canada Producer Price Index
March data pointed to a positive month for U.S. manufacturing business conditions, with momentum building again after a slowdown at the turn of the year, said Markit Wednesday. This was highlighted by stronger rates of output and new business growth, alongside sustained job creation during the latest survey period. New export sales remained a source…
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Montana to Log Timber
A logging project in the Bitterroot, MT, will provide nearly six million board feet of timber for state mills, the US Forest Service said Thursday. Montana Logging A logging project in the Bitterroot will provide nearly 6 million board feet of timber for state mills. The Stevensville Ranger District is closing Forest Road #428…
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US Residential Construction Spending
National Association of Home Builders analysis finds that over the last year, the pace of private single-family construction spending increased 9.7 per cent and multifamily construction spending increased 31.5 per cent For the month of February, the annual rate of single-family construction spending was US$203.9 billion, down 1.4 per cent from January. The February rate…
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Canada and US Trade Data: 1Q 2015
Export Development Canada’s annual report, released Wednesday, shows Canadian exports rose 5.7 per cent in 2014 over 2013, with 7,400 companies and investors tying into EDC services. The agency’s customer base increased 3.7 per cent over the same period. Elsewhere, Canada’s merchandise trade deficit narrowed in February as prices for exported energy recovered from the…
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US Existing Home Sales: February 2015
Existing home sales in the US increased 1.2 per cent in February, and the share of sales for first-time buyers registered its first gain since last November. The National Association of Realtors (NAR) reported February 2015 total existing home sales at a seasonally adjusted rate of 4.88 million units combined, up from 4.82 million units…
