Archive for April, 2010
Even after the Olympics, B.C.’s economy is still going for gold
Although it has lost the heat of the Olympic torch, British Columbia’s economic engine is still gaining momentum.
U.S. housing market recovery omits prices
There is plenty of good news about U.S. housing markets, including higher new home starts, an impressive jump in new single-family home sales and the first year-over-year increase in existing home prices since December 2006. But that’s where the good news ends.
Sustained Recovery Underway in Twenty-Seven States through March
Economic activity expanded in twenty-seven states in the three months through March January which is persistent enough to assure that a sustained recovery is underway. The economic activity index increased in forty-one state in March from February with the declines in the nine remaining states very marginal, says Reed Construction Data chief economist Jim Haughey.
Ranking States by Recent Economic Performance – March 2010
This chart shows the ranking of states by recent economic performance, including data on the last three months (annualized – March) and changes in economic activity for the latest three months (annualized) versus the previous year.
Materials Price Surge Continues
Construction materials prices appear to be entering another period of double digit inflation similar to what occurred in 2004 and again in 2008.
