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Blog Feature

Economic News

By: Alex Carrick, Chief Economist
May 23rd, 2022

The foreign trade picture in the United States has worsened considerably. The goods trade balance has deteriorated to -$1.5 trillion USD. That’s an all-time deepest level.

Blog Feature

Economic News

By: Alex Carrick, Chief Economist
May 19th, 2022

There’s much subject matter to be wrestled with in the pool of recent public and private sector data releases, so let’s leave our piña coladas (nonalcoholic, of course) beside our deck chairs and dive right in.

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Blog Feature

Economic News | Industry Snapshot

By: Alex Carrick, Chief Economist
May 18th, 2022

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

Blog Feature

Economic News

By: Alex Carrick, Chief Economist
May 10th, 2022

April was not a good period for stock markets. In North America, on a month-to-month basis, the DJI was -4.9%; the TSE -5.2%; the S&P 500, -8.8%; and NASDAQ, -13.3%.

Blog Feature

Economic News

By: Alex Carrick, Chief Economist
May 6th, 2022

Turmoil in the stock markets, an inflation rate that won’t quit and interest rates that have only just begun their journey higher failed to deter robust U.S. jobs growth in April. The Bureau of Labor Statistics, in its April Employment Situation report, asserts that total U.S. employment climbed upwards by 428,000 positions in the latest month.

Blog Feature

Economic News

By: Alex Carrick, Chief Economist
May 5th, 2022

Table 1 is a one-place depiction of the key percentage-change metrics for the 2022 Q1 put-in-place construction dollar volume statistics from the Census Bureau.

Blog Feature

Economic News

By: Alex Carrick, Chief Economist
May 3rd, 2022

The breakouts in U.S. construction material input costs showed few signs of abating in March.

Blog Feature

Economic News

By: Alex Carrick, Chief Economist
April 28th, 2022

U.S. current (March) inflation of +8.5% year over year for the Consumer Price Index (i.e., known as CPI-U, with the U signifying that it’s for urban consumers) is the highest this century. It’s more than four times greater than the +2.0% figure usually accepted as the desirable target. A little inflation is judged to be a good thing for the economy. By making it easier to pay off loans, it greases the wheels of industry.

Blog Feature

Economic News | Industry Snapshot

By: Alex Carrick, Chief Economist
April 19th, 2022

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

Blog Feature

Economic News

By: Alex Carrick, Chief Economist
April 18th, 2022

There’s much to cover, so let’s jump right into a discussion of some of the most interesting information to be gleaned from the latest public and private sector data releases.