The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 4/4/12

Wednesday, April 4, 2012

BuilderBytes' MetroIntelligence Economic Update for 4/4/12

Please click here to see the edition of BuilderBytes for 4/4/12 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

  • Factory orders rise by 1.3% in February
  • Fed minutes for March show no QE3 planned, interest rates to remain at historical lows
  • Construction spending falls by 1.1% in February due to government budget cutbacks and more foreclosures in the pipeline

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