U.S. consumer prices were steady in October, indicating the recent surge in economic growth isn’t fanning inflation.The U.S. Labor Department says the consumer-price index was unchanged for the first time in five months as a slump in energy and transportation prices offset gains in food and housing prices.The core index, which excludes volatile food and […]
Inventories rise in September
Consumer spending slows, while confidence rises
New orders surge 8%
Urban multiple starts jump more than 5%
Unemployment rate edges lower
Unemployment rate drops to 7.6%
Jobless claims fall
Canada’s lineup of economic data came in on the upside today, with stronger building permits and an improving Business Conditions Index.Statistics Canada reports that in October 34% of manufacturers stated they would increase production in the fourth quarter, while 16% expected to decrease production, leaving the balance of opinion at +18. This represents a 17-point […]
Low interest rates fuel home building