Archive for October, 2011
Construction Materials Price Index Flat in September
The Bureau of Labor Statistics (BLS) reported that the Producer Price Index (PPI) for construction materials held steady in September after a dropping 0.6% in August. Meanwhile, the measure was up 8.1% from a year earlier, although only 3.3% higher than September 2008. Cement prices, which have generally been falling over the last three years, rose 1.3% after a 2.3% drop in August.
Canada number one? Are you sure they didn’t make a mistake?
For many years Canadians have looked over the border at the United States with a mixture of envy and disdain.
Latest Canadian and U.S. economic data is a mix of more pluses than minuses
Retail spending is a fixture of economic activity. Even when times are tough, a certain amount of shopkeeper activity will continue regardless.
Behind-the-scenes action within the food and energy CPI sub-categories
At any given time, there are developments behind the scenes that will have long-term impacts on the economy.
Construction Spending Snaps Back in August
Total construction spending rebounded 1.4% in August, after falling 1.4% in July (revised from a 1.3% decline in the previous month’s report), the fourth monthly increase in the last five months, according to data from the U.S.
