The Residential Construction Year in Graphs, U.S. and Canada
2021 was a good year for housing starts in the U.S. and Canada. In the U.S., new home starts were +15.4% versus Jan-Nov 2020. In Canada, it was +28.5%.
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2021 was a good year for housing starts in the U.S. and Canada. In the U.S., new home starts were +15.4% versus Jan-Nov 2020. In Canada, it was +28.5%.
The accompanying tables show the top 10 major upcoming Private and Government Office Building construction industry projects in Canada.
Canadian construction starts year to date: by dollar volume, the total is +5.7% versus January-to-October 2020.
The U.S. foreign trade deficit deteriorated further in the latest month, sinking to -$972 billion USD in September 2021.
In discussions about gross domestic product (GDP), foreign trade receives the attention it deserves in Canada, but it’s undervalued in the U.S.