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Economic

Producer Price Index Up Slightly

Posted on December 19, 2011 in Economic.

Following an energy-driven decline in October, finished goods prices rebounded in November, rising a stronger-than-expected 0.3 percent. Core PPI, however, edged up only 0.1 percent.

Economy Still on Road to Recovery

Posted on December 19, 2011 in Economic.

Retail sales posted a disappointing increase of 0.2 percent in November, but categories typically associated with the holiday season saw solid gains.

Foreclosures Remain Huge Problem for Banks

Posted on December 19, 2011 in Economic and Housing & Construction.

With the crush of foreclosures, analysts have implored smaller banks to dump bank-owned properties, even if it means taking a big loss.

Rents Up but CPI Unchanged

Posted on December 19, 2011 in Economic and Housing & Construction.

Real rents continued to edge up, but the Consumer Price Index (CPI) was unchanged in November.

2012 Building Material Prices to Increase Sharply

Posted on December 19, 2011 in Economic and Raw Materials.

Residential building material prices show modest decline in November, but pressure is building for a sharp increase in the 2012.

Improving Market Index: Burlington, VT

Posted on December 19, 2011 in Economic and Housing & Construction.

The health of the Burlington housing market is in part due to its position as a regional healthcare center, the large number of post-secondary educational institutions and a steady stream of retirees.

Multifamily Vacancies Suggest Brighter Future

Posted on December 19, 2011 in Economic and Housing & Construction.

Declining multifamily vacancy rates are a hopeful sign for future multifamily market expansion

Housing Market Continues Flat Recovery

Posted on December 19, 2011 in Economic and Housing & Construction.

The economic and housing news of the past few weeks suggests a continuation of the flat recovery.

Homebuilders to See Gains in 2012?

Posted on December 19, 2011 in Economic and Housing & Construction.

According to a report from Fitch Ratings, after years of economic turmoil, US homebuilders should see modest gains with a stable outlook in 2012.

Canfor Closes Two BC Mills

Posted on December 12, 2011 in Economic and Raw Materials.

Canfor Corporation has decided to close its historic Rustad Sawmill in Prince George, British Columbia and Tackama Mill in Fort Nelson, British Columbia, Canada.