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Archive for February 21st, 2022

8 Mid-February Economic Nuggets, with an Emphasis on Inflation

Monday, February 21st, 2022

Article source: ConstructConnect

As a month, February is habitually a few days short, but that doesn’t make it less than mighty.

In this most recent February, there’s been a doping controversy in the women’s figure skating event at the Winter Olympics. Vladimir Putin has been having a will-he or won’t-he attack moment along Russia’s border with Ukraine. Anti-vax truckers have been pinching off U.S.-Canadian entry points.

Also, we’re in the 24th month of a pandemic in North America, compounding the isolation that comes at this time of year anyway, from the stretching out of winter. Inflation has been going through the roof, making Valentine’s Day disgracefully expensive. (Sorry, I just threw in that last bit, which I’ll be sure to regret, when my wife reads it.) And the Queen has COVID; and there still aren’t enough quality new shows to stream on TV.

Against the foregoing backdrop, there are the following nuggets to be gleaned from the latest public and private sector data releases.

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