Open side-bar Menu
 The AEC Lens

Posts Tagged ‘Foreign Trade’

Canada’s Currency Drop Encourages Cocooning

Tuesday, February 16th, 2016

Article source: CMDGroup

My favorite meal when traveling on business or pleasure used to be breakfast in the hotel where I was staying. In the ‘old days’, a morning repast was almost invariably cheap, plentiful and delicious.

Last summer, I took my family to Chicago for some wonderful sightseeing. We live in Toronto. (Our oldest child has moved out of the house and he and his girlfriend undertake their own travel adventures.)

The price of the breakfast buffet where we were registered downtown was $32.50 USD. For the four of us, that would have come to $130.00 USD.

Such a charge would have been steep enough on its own. Factor in the value of the Canadian dollar at the time, and the price was going to be $160.00 CAD.

Consider the further devaluation in the loonie since then, and the pain rises to $185.00 CAD.

That’s serious coinage. It’s nearly enough to rent a tuxedo, which I’ve always considered to be an excursion into luxury land.

Fascinating Statistics (for Canada, Saudi Arabia and Others) From the Latest U.S. Foreign Trade Report

Thursday, September 10th, 2015

Article source: CMDGroup

This Economy at a Glance examines the most interesting and surprising data from the latest U.S. foreign trade report.

(1) U.S. Oil Imports: Due to the rapid emergence of a domestic hydraulic fracturing industry, plus efficiency improvements and conservation-minded consumer behavior, there is nothing like the former U.S. energy-dependency with the rest of the world.

The steep drop in the global price of oil from a year ago, combined with some extreme exchange rate fluctuations, have rendered the dollar figures on U.S. energy trade confusing.

However, ‘Exhibit 17a’, in July’s publication, released jointly by the Census Bureau and the Bureau of Economic Analysis (BEA), presents the data in ‘barrels’.

‘Barrels’ as a volume measurement carry the same constant-valued connotation as ‘units’ for both housing starts and motor vehicle sales and ‘square footage’ for construction activity.

Year to date, through July of this year, Canada − by a considerable margin − accounted for the largest proportion of U.S. crude oil imports (41.2%). (Keep in mind that this has been without a go-ahead for the Keystone XL pipeline expansion.)

GRAPHISOFT: ARCHICAD download 30-day FREE trial
Bentley: Microstation Trial
TurboCAD pro : Start at $299 - Countless CAD add-ons, plug-ins and more.

Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy