Friday, December 14, 2012

BuilderBytes' MetroIntelligence Economic Update for 12/14/12


Please click here to see the edition of BuilderBytes for 12/14/12 on the Web.


In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Federal Reserve to keep rates low as long as unemployment above 6.5% and inflation below 2.5%
  • Retail sales up by 0.3% from October and by 3.7% from November 2011
  • Producer Price Index fell by 0.8% in November but still up by 1.5% for prior 12-month period
  • Initial unemployment claims fall by 29,000 in latest report
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