The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 10/17/14

Friday, October 17, 2014

BuilderBytes' MetroIntelligence Economic Update for 10/17/14

Please click here to see the edition of BuilderBytes for 10/17/14 on the Web.


In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Builder confidence falls five points to 54 after four straight months of gains
  • Philadelphia Fed's October Business Outlook Survey growth positive but down from previous month
  • Industrial production rose 1.0 percent in September and 3.2 percent in 3Q 2014
  • Initial unemployment claims dip again to lowest level since 2000
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