Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs. This construction infographic looks at U.S. motor vehicle and parts imports. At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that cry out for compelling […]

ConstructConnect announced today that September’s volume of construction starts, excluding residential work, was $32.7 billion − a month-to-month change of -4.8%. The history of the starts data records a ‘normal’ change from August to September, due to seasonality, of -3.0%. Starts traditionally perform best in the sunnier-weather months of Spring and early Summer. Compared with […]

In both the U.S. and Canada in September, there was shrinkage in the unemployment rate. The U.S. jobless figure fell to 3.7% from 3.9% in August, according to the latest Employment Situation report from the Bureau of Labor Statistics (BLS). 3.7% is the lowest level for the U.S. out-of-work rate this century. Canada’s unemployment rate […]

In 2017, as calculated by the Census Bureau, total U.S. put-in-place construction activity was +4.5% year over year (y/y), with all the strength coming from residential, +12.2%, since nonresidential work was a little worse than flat, -0.5%. (‘Put-in-place’ as a concept captures work-in-process or progress payments as projects proceed.) Over the past five years, 2013 […]

Not-so-long-age, gasoline ruled as the fuel of choice to propel the U.S. and Canadian economies forward. In the world of tomorrow, due to its more environmentally-friendly properties, electricity seems likely to become supreme. What this article will explore is various aspects – with an emphasis on construction implications – of the rise to prominence of […]

The Trump Administration in Washington has recently imposed $200 billion in tariffs on imports from China. Included in those new duty assessments are auto parts. This action, along with another key development in Mexico, has introduced a strange twist into the dynamics of where, in North America, motor vehicle assemblers may wish to carry out […]

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