Seasonally adjusted count of new starts comes in at 254,966 units in July, compared with 283,498 in June
Core measures of inflation eased slightly last month
But higher interest rates are weighing on economic activities dependent on credit
An increase in July's report probably wouldn't be a complete surprise to the Bank of Canada
The rise is due to a surge in post-secondary students signing leases, population growth and homebuyers holding off on purchases
Thursday's report is the first of two CPI numbers Fed policymakers will see before their next meeting
Outside tech layoffs early this year, companies have mostly been retaining workers
In re-election speeches, U.S. president says his agenda has triggered a resurgence in factory work
Increase in residential permit activity ends three straight quarterly declines
Financial pressure likely to intensify as mortgages reprice in years ahead