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US Treasury Budget Deficit
The Treasury May Monthly Treasury Statement released Wednesday reported a US$130 billion deficit in May 2014, down from US$138 billion in May 2013. For fiscal year 2014 through May, the deficit was US$436 billion, compared to US$626 billion for the same period in fiscal 2013. The Congressional Budget Office released their Updated Budget Projections: 2014…
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Wood Trade Globally
A wide array of data was released this week demonstrating softwood imports and exports to various regions of the world: The US imported 8.932 million cubic metres of softwood lumber between January and April 2014 according to the US Federal Acquisition Service (FAS), a 3 per cent increase over the same period last year. Canada’s…
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BC Sawmill Worker Injured
Details about the condition, identity, and injuries of a Centurion Lumber Manufacturing worker, hurt late Thursday morning in a planer mill near Chemainus, BC, were unknown at press time. Cpl. Jon Stuart of the North Cowichan/Duncan RCMP confirmed on scene man in his mid- to late-50s was seriously injured at 11:33 a.m. in the firm’s…
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US Real Estate, Mortgages
Asking home prices rose at their slowest rate in 13 months, rising just 8 per cent year-over-year, or 7.2 per cent excluding foreclosures, according to Trulia Thursday. Although this year-over-year increase is slower than in previous months, an 8 per cent increase is still far above the long-term historical norm for home-price appreciation, the agency…
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British Columbia Exports to Asia 2000-2013
British Columbia Exports to Asia A new analysis of more than a decade’s worth of trade data show that the volume of shipped goods out of Canada varies widely by province and sector. British Columbia’s exports to Asia, for example, have nearly doubled between 2000 and 2013 from roughly 24 per cent of provincial exports…
