Manufacturing is recovering nicely and the ludicrous levels of household spending is slowing, which is actually a good thing (since a lot of that spending is debt increasing).
Household spending was mixed. Furniture and appliance sales continued to expand steadily. Housing levelled off, largely because housing starts returned to more normal levels after receiving a boost from the unseasonably warm start to the year. Purchases of other durable goods fell for a second straight month, largely due to slower auto sales.
Good to read that.
Did you notice a big change? Hope not, I am taking small steps towards revamping the site’s look, so this is the NEW blogspot format, which I will try to fix up a little, and then move to a new look. Mrs. C8j has given her seal of approval so far, and that is all I can hope for.
Related Links
I am part of the #3 version of this new carnival, hosted by the Canadian Capitalist. My article about The Disappearing Middle Class in Canada is featured as well as other interesting posts, go have a read!
An interesting study by Stats Canada about Marriage breakdowns and how men become depressed because of it, has made a lot of the legitimate press today. The findings suggest men are more likely to get depressed than women after a marital split? Interesting, did I mention it’s Prozac’s 20th anniversary as well? Too bad I didn’t buy Lilly 20 years ago, and instead invested in high tech, sigh.
The sight will also be under construction today, if things suddenly look very strange, don’t worry, but if you like or dislike the new look, say so as well!
Montreal was proposing a radical change to how traffic would work, with the reintroduction of tolls and such, and an expansion of mass transit, and as if by magic, the Transit Union decided within a week of this announcement to go on Strike! I miss my old hometown, because that’s just the way Montreal works.