Friday, May 22, 2015

BuilderBytes' MetroIntelligence Economic Update for 5/22/15


Please click here to see the edition of BuilderBytes for 5/22/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Existing home sales fell 3.3 percent in March but still up 6.1 percent year-over-year
  • Leading Economic Index jumped more than expected in April
  • Initial unemployment claims fall by 10,000 in latest report; 4-week average lowest since April 2000
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Thursday, May 21, 2015

BuilderBytes' MetroIntelligence Economic Update for 5/21/15

Please click here to see the edition of BuilderBytes for 5/21/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Building permits in April rose by 10.1 percent over March and 6.4 percent year-over-year
  • Housing starts in April rose by 20.2 percent over March and 9.2 percent year-over-year
  • Mortgage applications dip 1.5 percent in latest survey as rates rise to highest level since December
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Tuesday, May 19, 2015

BuilderBytes' MetroIntelligence Economic Update for 5/19/15

Please click here to see the edition of BuilderBytes for 5/19/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Builder confidence dips two points to 54 in May, but still up sharply year-over-year
  • Consumer sentiment index falls in May in preliminary estimate
  • Industrial production fell in April for fifth straight month
  • Empire State Manufacturing Survey shows slightly improvement in May
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Friday, May 15, 2015

BuilderBytes' MetroIntelligence Economic Update for 5/15/15


Please click here to see the edition of BuilderBytes for 5/15/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Producer Price Index fell 0.4 percent in April, and was down 1.3 percent year-over-year
  • Initial unemployment claims fall by 1,000 in latest report as 4-week average dropped by 7,750
  • Mortgage applications drop 3.5 percent in latest survey as rates rebound
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Thursday, May 14, 2015

BuilderBytes' MetroIntelligence Economic Update for 5/14/15

Please click here to see the edition of BuilderBytes for 5/14/15 on the Web.


In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Job openings fell while the quit rate rose in March
  • Retail sales remained flat in April as consumers watch their spending
  • Business inventory growth dipped in March while sales rebounded strongly
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Wednesday, May 13, 2015

May column for Builder & Developer magazine now online

My column for the May 2015 issue of Builder and Developer magazine is now posted online.

For this issue, entitled "The Connected Home Evolution," I covered the evolution of the connected/smart home over the last 15 years and the state of the market today.  An excerpt:
About 15 years ago, when I formed the Technology Task Force with the BIA of Southern California, at the time our builder members told us that the adoption of technology in their homes would be postponed for two reasons: (a) Most consumers weren’t yet asking for it; and (b) It would risk upsetting production schedules that were already tight due to meeting unmet supply after the California real estate recession of the 1990s.

Fast-forward to 2015, however, and it’s a completely different world for the connected home. Most importantly, consumers are now asking for it: according to a consumer survey by smart-home vendor Savant, about half of the respondents believe home automation will become a common feature in their home in less than a decade, with a quarter thinking it will take just five years for widespread adoption...
To read the entire column, click here.

To read the entire May 2015 issue in digital format, click here.

Tuesday, May 12, 2015

BuilderBytes' MetroIntelligence Economic Update for 5/12/15

Please click here to see the edition of BuilderBytes for 5/12/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Job growth rebounded to 223,000 in April as unemployment rate dipped to 5.4 percent
  • Wholesale inventories rebounded slightly in March
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Friday, May 8, 2015

BuilderBytes' MetroIntelligence Economic Update for 5/8/15


Please click here to see the edition of BuilderBytes for 5/8/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Planned job cuts surged in April, largely due to falling oil prices
  • Initial unemployment claims rise 3,000 in latest report but 4-week average still lowest since May 2000
  • Consumer credit rose 7.5 percent in March, posting the highest growth rate since last April
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Thursday, May 7, 2015

BuilderBytes' MetroIntelligence Economic Update for 5/7/15

Please click here to see the edition of BuilderBytes for 5/7/15 on the Web.


In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Private sector employment rose by 169,000 from March to April
  • Productivity fell 1.9 percent in 1Q 2015 as unit labor costs rose 5.0 percent
  • Service sector economy grew stronger in April
  • Durable goods orders in March report largest increase in eight months
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Tuesday, May 5, 2015

BuilderBytes' MetroIntelligence Economic Update for 5/5/15

Please click here to see the edition of BuilderBytes for 5/5/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Construction spending dipped in March but 1Q 2015 still up year-over-year
  • Manufacturing sector growth expanded to more industries in April
  • Consumer sentiment slowed sharply in April; personal consumption expected to rise 3% in 2015
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.