The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 2/1/13

Friday, February 1, 2013

BuilderBytes' MetroIntelligence Economic Update for 2/1/13


Please click here to see the edition of BuilderBytes for 2/1/13 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Private sector employment rose by 192,000 jobs in December
  • January planned layoffs rise from December but still third-lowest January since beginning of survey
  • Fourth quarter GDP fell by 1.0% in advance estimate
  • Personal incomes rose more than forecast in December as personal spending matched expectations
  • Initial unemployment claims rise by 38,000 in latest report, although 4-week moving average up by just 250
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