Daily Three: Construction Earnings, Canadian Housing and U.S. Trade with the Rest of the World
- Net earnings in construction grew by 8.5% nationally last year. A state by state look of total personal income from the Bureau of Economic Analysis.
- The National Bank of Canada estimates that Chinese buyers accounted for close to a third of the houses purchased in Vancouver last year. Bloomberg
- The U.S. exported $1.6 trillion of goods and imported $2.3 trillion in 2014. Close to 20% of exports were to Canada and 20% of imports were from China. The Federal Reserve Bank of St. Louis Review