Friday, December 7, 2012

BuilderBytes' MetroIntelligence Economic Update for 12/7/12


Please click here to see the edition of BuilderBytes for 12/7/12 on the Web.

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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