Archive for January, 2010
After weak start to 2010, non-residential construction should start to gain strength
Despite a 3.3% increase in institutional construction in the fourth quarter of 2009, the total value of non-residential construction fell by 2.5%.
Cost Trends Change with Evolving Recovery
Cost trends will change in the next six months as overall spending in the economy continues to rise and spending continues to slip lower in most construction markets, says Reed Construction Data chief economist Jim Haughey.
December Construction Starts Decline
The value of construction starts sagged in December after a relatively strong November resulting in a 14.6% decline for the full year compared to 2008. The weak December was primarily the result of a 20% month-to-month fall in non-residential building starts.
Canada’s six most magnetic metro areas for migrants
In a recent study of the 50 largest metro areas in Canada, the Conference Board of Canada found six that had an optimal mix of factors (or magnets) that made them particularly attractive to newcomers, regardless of their place of origin.
The Bank of Canada’s business outlook survey is flashing green for growth in 2010
In its just released Winter 2009-10 Business Outlook Survey, the Bank of Canada reports that the net number of firms expecting sales to improve in the next 12 months remains close to the record high reached in the third quarter of 2009.
