The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 10/29/12

Monday, October 29, 2012

BuilderBytes' MetroIntelligence Economic Update for 10/29/12

Please click here to see the edition of BuilderBytes for 10/29/12 on the Web.

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

  • 2nd quarter 2012 GDP rose by 2.0% in first estimate
  • Record gains in consumer sentiment in October
  • Initial unemployment claims fall by 23,000 in latest report
  • Mortgage applications fall by 12.0% in latest survey, due to fewer refinancings as rates tick up
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