In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- ADP Employment Report shows 230,000 new jobs from September to October
- Manufacturing sector index continued to expand in September for 17th straight month
- Service sector economy continued to grow in September, but rate of expansion slowing down
- Durable goods orders fell for second straight month in September; decline likely to be temporary
- Mortgage applications fall by 2.6 percent in latest survey as rates rise slightly
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