The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 7/31/14

Thursday, July 31, 2014

BuilderBytes' MetroIntelligence Economic Update for 7/31/14

Please click here to see the edition of BuilderBytes for 7/31/14 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

  • Pending home sales slowed modestly in June but still above long-term average
  • New orders rebounded more than expected in June
  • Consumer confidence climbs for third straight month in July
  • Private sector jobs grew by 218,000 from June to July
  • US GDP rebounded by 4.0 percent during 2Q2014 in first estimate
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