The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 3/1/13

Friday, March 1, 2013

BuilderBytes' MetroIntelligence Economic Update for 3/1/13

Please click here to see the edition of BuilderBytes for 3/1/13 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • January pending home sales rose to highest level since April 2010 across all regions
  • Fourth quarter GDP growth rose to +0.1% from -0.1% in second estimate
  • Orders for durable goods less aircraft jumps by the most in more than a year
  • Chicago PMI rises for second straight month in February
  • Initial unemployment claims fall by 22,000 in latest report; 4-week average moving average down by 6,750
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