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There are two big stories from the September Jobs reports just released for the U.S. and Canada.

In May, for the second month in a row, total employment in Canada retreated instead of stepping forward.

Global Stock Market Improvements Broadly Based, Finally On the world economic stage, matters have been taking a turn for the better once again. Table 1 shows that for the first time since before the pandemic, all the major stock markets globally registered year-over-year index gains at the end of March. For much of last year, only the North American indices managed to make headway. Presently, the increases are broadly based. Even the two exchanges with the poorest records, Hong Kong’s Hang Se...

ConstructConnect-OE’s GDP Projections on the Mark Government statistical agencies in both the U.S. and Canada have recently been putting the finishing touches to their estimates of gross domestic product growth (or, rather, lack thereof) last year. The most recent calculation of the U.S. GDP contraction in full year 2020 versus full year 2019 places it at -3.5%. During the quarters of last year, Q2 and Q3 displayed the wildest swings, -31.4% q/q annualized, followed by +33.4% also q/q annuali...

Share: Table 1 sets out the best U.S. city labor markets according to two measurements, unemployment rates (with smallest being most desirable) and year-over-year jobs change (with fastest at the top). At this present time, ‘fastest’ year-over-year jobs change means slowest decline. There isn’t a single city where there has been an increase in employment from year-previously levels. Four cities, however, stand out (and are shaded green) for being among the Top 10 according to both criteri...

Top 5 Coolest Buildings of 2020 Share:  It’s time once again to unveil ConstructConnect’s Top 5 Coolest Buildings of the Year. Each year it gets harder and harder to narrow down our picks to just five buildings. In a normal year, we typically see a few of the projects we have in early consideration get delayed or postponed, and 2020 was no exception, thanks in no small part to the coronavirus pandemic. That being said, there were a number of great projects to come out of 2020 and this list...