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Indonesia construction Indonesia unveils construction site of new capital city

Orange-red ground has been broken in the jungle of East Borneo, where the Indonesian government has begun construction of its new capital city. Officials promise a “sustainable forest city” that puts the environment at the heart of development and aims to…

Feb 2023 housing starts Canadian housing starts increase in February

The standalone monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada increased 13% in February (243,959 units) compared to January (216,514 units) according to Canada Mortgage and Housing Corporation (CMHC). The monthly SAAR of total urban (centres…

AEM Report U.S. Equipment Manufacturing Industry Rebounds After COVID-19

The Association of Equipment Manufacturers (AEM) released the latest economic impact report for the equipment manufacturing industry ahead of the organization’s largest trade show CONEXPO-CON/AGG 2023, highlighting the industry’s return to growth and increased output following the end of the COVID-19 pandemic.…