August 26, 2008
Video Editorial
U.S. trade deficit remains stuck at $700 billion
Over the last 19 months, the U.S. trade deficit has proved to be intractable. While a surplus in services keeps it from sinking completely, the deficit in goods, such as energy products, petroleum computer equipment, footwear and clothing, keeps creeping higher.
CanaData chief economist Alex Carrick explains the importance of these trade figures to the construction industry and the three product areas — energy, manufacturing and consumer products manufactured overseas — that contribute to the deficit.
| MOST POPULAR STORIES |
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| TODAY’S TOP CONSTRUCTION PROJECTS |
These projects have been selected from 316 projects with a total value of $3,217,267,405 that Reed Construction Data Building Reports reported on yesterday.
$1,300,000,000 Ottawa ON Prebid
TRANSIT AND STORAGE YARD FACILITY
$100,000,000 Ottawa ON Prebid
$65,000,000 Toronto ON Negotiated
| CURRENT STORIES |
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- SNC-Lavalin subsidiary Profac under scrutiny over federal contract billing
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- Canadian soldiers repair blown-up bridge in Afghanistan
- Canadian Mechanical Contracting Education Foundation offering Gold Seal course for supervisors
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- Government takes over Northwest Territories P3 bridge project
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- Weighing in on the Tercon Contractors appeal decision
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| ALEX’S ECONOMICS BLOG |
Reed Construction Data Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
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