There’s not a lot of encouragement for U.S. contractors in the latest industrial capacity utilization rate numbers. In April of this year, according to the Federal Reserve, ‘total industry’ in America operated at 77.9% of capacity, down from both 79.0% in January, a quarter prior, and from 78.8% in April of 2018, 12 months previously. […]

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs. This infographic looks at U.S. GDP growth for the 7 best and 7 worst states. At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that […]

The accompanying table records the 10 largest construction project starts in Canada in April 2019. Also included is the latest trend graph on starts. This looks at 12-month moving totals of the civil and non-residential building categories in Canada. There are several reasons for highlighting upcoming large projects. Such jobs have often received a fair […]

Inflation, Stock Markets and Interest Rates The U.S. ‘all-items’ Consumer Price Index (CPI) in April was +2.0% year over year. The ‘core’ rate of inflation, which omits mainly food and energy items that display notable price volatility, was +2.1% y/y. It seems that inflation, at least for now, has become untethered from what is transpiring […]

The accompanying tables show the top 10 largest upcoming Atlantic and Manitoba, Saskatchewan construction projects in Canada. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations. Shopping centers, hotels, office buildings, medical buildings, educational buildings, government buildings, industrial projects, oil and gas projects, and electric […]

The accompanying tables show the top 10 major upcoming Courthouse and Jail and Prison construction projects in the United States. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations. Shopping centers, hotels, office buildings, medical buildings, educational buildings, libraries and museums, sports and entertainment complexes, […]

Canadian total employment shot up by +106,000 jobs in April, and the nation’s unemployment rate declined to 5.7%, according to the latest Labour Force Survey findings from Statistics Canada. March’s jobless rate had been 5.8%. The month-to-month improvement in the out-of-work proportion would have been greater if not for the fact that the ‘participation rate’ […]