The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 1/31/14

Friday, January 31, 2014

BuilderBytes' MetroIntelligence Economic Update for 1/31/14


Please click here to see the edition of BuilderBytes for 1/31/14 on the Web.


In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Pending home sales fell by 8.7 percent in December due partly to bad weather
  • 4Q GDP rose by 3.2 percent in first estimate
  • Initial unemployment claims rise by 19,000 in latest report
  • FOMC votes to taper bond purchases more as economy continues to improve
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