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Alex Carrick

Blog Feature

Economic News | Alex Carrick | COVID-19

By: Alex Carrick
May 20th, 2020

There are currently two crises underway simultaneously. The advance of the novel coronavirus is taking a terrible toll in terms of physical and emotional well-being. At the same time, job losses resulting from ‘social distancing’ are sending the economy into a tailspin. To fight on both fronts, governments are advancing rescue packages of never-seen-before dimensions. Every day, the tremendous number of factors in play reconfigure in a new way. These ‘from the trenches’ notes attempt to shed some light along a murky pathway.

Blog Feature

Economic News | Alex Carrick | COVID-19

By: Alex Carrick
May 19th, 2020

There are currently two crises underway simultaneously. The advance of the novel coronavirus is taking a terrible toll in terms of physical and emotional well-being. At the same time, job losses resulting from ‘social distancing’ are sending the economy into a tailspin. To fight on both fronts, governments are advancing rescue packages of never-seen-before dimensions. Every day, the tremendous number of factors in play reconfigure in a new way. These ‘from the trenches’ notes attempt to shed some light along a murky pathway.

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Blog Feature

Economic News | Alex Carrick | COVID-19

By: Alex Carrick
May 15th, 2020

Earlier, there was a reporting lag of a month or two, but the latest public and private sector data releases are now capturing the deep malaise that has set in throughout the U.S. and Canadian economies. The sugar coating has worn off and hopes that the devastation would not be as bad as imagined have proven vain. Let’s get on with reporting the latest numbers.  

Blog Feature

Economic News | Alex Carrick | COVID-19

By: Alex Carrick
May 15th, 2020

There are currently two crises underway simultaneously. The advance of the novel coronavirus is taking a terrible toll in terms of physical and emotional well-being. At the same time, job losses resulting from ‘social distancing’ are sending the economy into a tailspin. To fight on both fronts, governments are advancing rescue packages of never-seen-before dimensions. Every day, the tremendous number of factors in play reconfigure in a new way. These ‘from the trenches’ notes attempt to shed some light along a murky pathway.

Blog Feature

Economic News | Industry Snapshot | Alex Carrick

By: Alex Carrick
May 14th, 2020

M/M Fine, but Other Time Comparisons Grim ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $32.6 billion (green shaded box, Table 3 below), an increase of +2.3% versus March’s figure of $31.8 billion (originally reported as $30.8 billion).

Blog Feature

Economic News | Industry Snapshot | Alex Carrick

By: Alex Carrick
May 14th, 2020

Clichés are often true and it is the case that a picture can be worth a thousand words.