economy

Moscow, Russia & Kyiv, Ukraine - Putin's chickens have come home to roost after decades of rape, murder, poisoning, market manipulations, crypto heists, money laundering, harassment, hacking, stalking, drug dealing and worst of all destroying and walking over his own peoples dead bodies along the way. The Russian people have been openly robbed…

Moscow, Russia - With President Putin's invasion of Ukraine at a time the world has come together to protect it's people and rebuild from Coronavirus what will world trade look like without Russia and it's allies? There is no doubt the United States Of America and the world will now come together and hold a zero tolerance to this this type of…

United States of America - In the final month of 2021, the US economy created only 199K new jobs, significantly less than the 400K predicted by the market. Leisure and hospitality (53K jobs), professional and business services (43K jobs), manufacturing (26K jobs), construction (22K jobs), and transportation and warehousing (22K jobs) all saw…

United States Of America & Canada - The unemployment rate in the United States fell to 3.9 percent, the lowest level since February 2020, indicating a prolonged job market recovery aided by a fast-recovering economy and strong labor demand. Despite claims of severe labor shortages, the rate was still slightly higher than pre-crisis levels,…

Washington, D.C. - Mortgage applications in the United States increased by 0.2 percent in the week ending October 8th, reversing a 6.9 percent decline the previous week, the largest drop in three months, according to Mortgage Bankers Association data. Applications to purchase a home increased by 1.5 percent, while refinance applications…

Washington D.C., United Stated Of America- Lumber prices continue on a volatile summer downward trend, reaching $490 this morning for September deliveries. This would translate into wholesale price levels of forward priced projects of $550-650 and in addition plywood panels have been trading at the $850 range or near a $1000-1200 wholesale forward…

The coming months are expected to be particularly strenuous on contractors and subcontractors when projects pick up again. Due to the markets continuously getting more competitive and volatile it is predestined that subcontractors will go out of business, trade labor shortages and ballooning budgets will pressure general contractors to self-perform…