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Manufacturing Survey, US
The pace of growth in the US manufacturing sector rose in August to its highest level since March 2011, according to an industry report released Tuesday. The Institute for Supply Management (ISM) said its index of national factory activity rose to 59.0 from 57.1 the month before. A reading above 50 indicates expansion in the…
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Alberta Forest Industry Trees Planted
Members of the Alberta Forest Products Association (AFPA) planted 65 million trees in forests throughout Alberta during the summer of 2014, the agency announced Wednesday. This works out to 16 trees for every person in Alberta and an average of more than two trees for every tree the industry harvested. In addition to long-term benefits,…
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Canada Housing Starts
Canadian housing starts cooled more than expected in August, while the previous month was also revised slightly lower, data showed on Tuesday. A report from the Canada Mortgage and Housing Corp showed the seasonally adjusted annualized rate of housing starts slipped to 192,368 last month from a downwardly revised 199,813 units in July. The small…
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Housing Starts, Japan
Housing Starts, Japan According to the Ministry of Land, Infrastructure, Transport and Tourism, Japan’s housing starts in July 2014 were 72,880 units, a 14.1 per cent drop from the same month in the previous year, and was below the result of the preceding year for the fifth consecutive month, said the Japan Lumber Journal Friday.…
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US Home Sales, Mortgages
US foreclosure activity jumped in August for the second consecutive month, industry firm RealtyTrac said on Thursday. Overall, 116,913 properties were at some stage of the foreclosure process, which includes foreclosure notices, scheduled auctions and bank repossessions, the group said. That pushed overall activity up 7 per cent from July. From a year ago, foreclosure…
