The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 12/17/12

Monday, December 17, 2012

BuilderBytes' MetroIntelligence Economic Update for 12/17/12

Please click here to see the edition of BuilderBytes for 12/17/12 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Consumer Price Index fell by 0.3% in November as gas prices plummet and is up by 1.9% over last 12 months
  • Industrial production rebounded by 1.1% in November as recovery from Hurricane Sandy continues
  • Mortgage applications rise by 6.2% in latest survey, due mostly to refinancings
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