Canada’s building permits fell by 2.1% in August, driven by a significant drop in residential construction intentions in Ontario and British Columbia.The total value of building permits in August declined 2.1% on a month over month basis to a seasonally adjusted 9.66 billion Canadian dollars, or the equivalent of $7.64. …
Read More »U.S. Construction Spending Rises in March
Spending on construction projects in the United States increased in March but the increase came below market expectations, official data showed. U.S. construction spending increased by 0.2% in March to reach a seasonally adjusted annual rate of $1.51 trillion, according to data by the U.S. Department of Commerce released on …
Read More »US Construction Spending Rises in July
Construction spending in the United States marginally increased during July, as shown by the data of the US Department of Commerce on Tuesday. Construction spending rose by 0.1% in July. Meanwhile, the June reading was revised to a 0.5% decline. Private construction spending grew by 0.6%, while spending on residential …
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