In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Private sector employment rose by 118,000 jobs in October
- Job cuts increased for third consecutive month in November but YTD totals still 13% lower than in 2011
- Labor productivity rose at 2.9% annual rate in 3Q 2012
- Factory orders up by 0.8% in October as inventories rise to highest level since 1992
- Service sector economy improving slightly faster in November than in manufacturing sector
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