The Foreign Trade and Construction Connection, U.S. and Canada

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.

11 Mid-May Economic Nuggets: Inflation, Foreign Trade, & Housing Starts

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.

Nonresidential Construction Starts Trend Graphs - April 2022

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

Anxiety Spells Afflict Stock Markets in April

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%.

Despite Setbacks Elsewhere, U.S. Rings Bell on Jobs Creation in April

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.