Friday, November 16, 2012

BuilderBytes' MetroIntelligence Economic Update for 11/16/12

Please click here to see the edition of BuilderBytes for 11/16/12 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Retail sales dipped in October due to Hurricane Sandy but still 3.8% above same month of 2011
  • Producer Price Index fell by 0.2% in October after rising in both August and September
  • Business sales up by 1.4% in September as inventories rise by 0.7%
  • Mortgage applications rose by 12.6% in latest survey as both purchase loans and refinances rebound
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