Friday, December 27, 2013

BuilderBytes' MetroIntelligence Economic Update for 12/27/13


Please click here to see the edition of BuilderBytes for 12/27/13 on the Web.


In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • November new home sales dip from October but still up 16.6 percent year over year
  • FHFA House Price Index rose by 0.5 percent in October
  • Mortgage applications dip 6.3 percent in latest survey
  • Initial unemployment claims fall by 42,000 in latest report
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Tuesday, December 24, 2013

BuilderBytes' MetroIntelligence Economic Update for 12/24/13

Please click here to see the edition of BuilderBytes for 12/24/13 on the Web.  Please note that BuilderBytes will now be published on Tuesdays, Thursdays and Fridays.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Consumer confidence rebounds for some in December
  • 3Q GDP rose by 4.1 percent in third and final estimate
  • Personal income and spending both rose in November
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Friday, December 20, 2013

BuilderBytes' MetroIntelligence Economic Update for 12/20/13


Please click here to see the edition of BuilderBytes for 12/20/13 on the Web.


In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Existing home sales dipped while prices continued to rise in November
  • Leading Economic Index continued to rise in November
  • 3Q GDP growth estimates rises sharply to 3.6 percent in second quarter
  • Philadelphia Fed's Business Outlook Survey for December shows continuing growth
  • Initial unemployment claims rise by 10,000 in latest report
  • Federal Reserve to taper quantitative easing but holds firm on forward guidance on rate hikes
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Tuesday, December 17, 2013

BuilderBytes' MetroIntelligence Economic Update for 12/17/13

Please click here to see the edition of BuilderBytes for 12/17/13 on the Web.  Please note that BuilderBytes will now be published on Tuesdays, Thursdays and Fridays.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Productivity rose the most in nearly four years in 3Q 2013
  • Empire State Manufacturing Survey suggests flat conditions in December
  • Industrial production rose 1.1 percent in November after being flat in October
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Friday, December 13, 2013

BuilderBytes' MetroIntelligence Economic Update for 12/13/13


Please click here to see the edition of BuilderBytes for 12/13/13 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Retail sales rose solidly in November
  • Business inventories rose in October at fastest pace in nine months
  • Initial unemployment claims rise by 68,000 in latest report, but labor market still gaining strength
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Thursday, December 12, 2013

December column for Builder & Developer magazine now online


My column for the December 2013 issue of Builder & Developer magazine is now posted online.
For this issue, entitled "The Rebound Enters Adolescence" I reviewed what happened with the economy and the housing market in 2013 and what to expect in the year ahead.
An excerpt:
A year ago, I wrote about the excitement of a housing rebound that finally seemed to have legs, with all relevant indices showing positive growth. Today, despite numerous economic and political headwinds that have been regularly buffeting the demand for new homes, I think it’s safe to say that the rebound is here to stay, but is transitioning into the next stage which will likely face steeper interest rates, tighter lending standards and higher building costs...
To read the entire column, click here.

To read the entire December 2013 issue in digital format, click here.

BuilderBytes' MetroIntelligence Economic Update for 12/12/13

Please click here to see the edition of BuilderBytes for 12/12/13 on the Web.  Please note that BuilderBytes will now be published on Tuesdays, Thursdays and Fridays.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Wholesale inventories rose more than expected in October
  • October job openings little changed from September
  • Mortgage applications rise by 1.0 percent in latest survey
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Tuesday, December 10, 2013

BuilderBytes' MetroIntelligence Economic Update for 12/10/13

Please click here to see the edition of BuilderBytes for 12/10/13 on the Web.  Please note that BuilderBytes will now be published on Tuesdays, Thursdays and Fridays.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • November unemployment rate falls to 7.0 percent as monthly job growth passes 200,000
  • Consumer sentiment surges in December as job prospects improve
  • Consumer credit rose at the highest rate in five months in October, beating forecasts
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Friday, December 6, 2013

BuilderBytes' MetroIntelligence Economic Update for 12/6/13


Please click here to see the edition of BuilderBytes for 12/6/13 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • 3Q 2013 GDP growth jumps to 3.6 percent in second estimate
  • Federal Reserve report shows continuing but moderate economic growth
  • November job cuts virtually unchanged from October
  • October decline in factory orders in line with expectations
  • Initial unemployment claims fall by 23,000 in latest report
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Tuesday, December 3, 2013

BuilderBytes' MetroIntelligence Economic Update for 12/3/13

Please click here to see the edition of BuilderBytes for 12/3/13 on the Web.  Please note that BuilderBytes will now be published on Tuesdays, Thursdays and Fridays.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Construction spending rose 0.8 percent in October, up by 5.3 percent over last year
  • Leading Economic Index rose for fourth straight month in October
  • Consumer confidence dipped in October; respondents view government as economic obstacle
  • Chicago Business Barometer softened in November following October's sharp rise
  • Durable goods orders drop two percent in October following September's four-percent gain
  • Initial unemployment claims fall by 10,000 in latest report
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.