The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 10/6/14

Tuesday, October 7, 2014

BuilderBytes' MetroIntelligence Economic Update for 10/6/14


Please click here to see the edition of BuilderBytes for 10/6/14 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Payrolls grew by 248,000 in September as unemployment fell below 6.0 percent
  • Job cuts in September fall to lowest level in 14 years
  • Private sector job market reports six straight month of gains over 200,000
  • Initial unemployment claims fall by 8,000 in latest report
  • New factory goods orders plunged in August but were flat minus transportation sector
  • Mortgage applications remain essentially flat in latest report as rates slide
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