Please click here to see the edition of BuilderBytes for 5/3/13 on the Web.
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- March construction spending dipped 1.7% from February to $856.7 billion
- Private sector jobs grew by 119,000 positions from March to April
- Planned job cuts fell to their lowest level since December during April
- Initial unemployment claims fall by 18,000 in latest report
- FOMC decides to keep interest rates low and maintain bond purchases
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