Friday, May 4, 2012

BuilderBytes' MetroIntelligence Economic Update for 5/04/12

Please click here to see the edition of BuilderBytes for 5/04/12 on the Web.
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Private sector employment rose by 119,000 during March
  • Planned job cuts rise slightly in April; monthly average so far in 2012 below that of 2011
  • Labor productivity drops by 0.5% in first quarter 2012 as labor costs rise by 2.0%
  • Overall mortgage applications rise by 0.1% as purchase loans rise by 2.9% in latest survey
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