Local Industry News
Construction Materials Prices Move Up in December
The Bureau of Labor Statistics (BLS) reported that the seasonally adjusted (SA) Producer Price Index (PPI) for materials and components used in construction rose 0.2% in December after no change in November. The index was up 3.6% on a year-over-year basis, but was only 3.1% higher than its December 2008 reading.
North American stock markets had a good January
North America’s major stock market indices performed exceptionally well in January.
Good news for Canada: U.S. GDP speeded up in each quarter of 2011
U.S.
Analyzing what the IMF says about the world economy
Perhaps the most closely watched numbers on the world economy are issued by the Washington-based International Monetary Fund (IMF).
Construction Spending Advances in November
The U.S. Census Bureau reported that total construction spending increased 1.2% in November following a modest 0.2% decline in October. November total construction spending was $807.1 billion at a seasonally adjusted annual rate
