Economists love trying to peer into the future. Sadly most indicators are lagging indicators, describing activity in the past. One of the few good leading indicators?building permits?allows a peek into the future for at least one industry: construction.
The total value of building permits issued by Alberta municipalities tumbled in April to $1.47 billion, a drop of 12.5 per cent from March. However, the $1.68 billion reached in March was a record high, so some pull-back was ...
posted in General
at Wed, 05 Jun 2013 15:20:11 -0600