Friday, December 19, 2014

BuilderBytes' MetroIntelligence Economic Update for 12/19/14

Please click here to see the edition of BuilderBytes for 12/19/14 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Federal Reserve keeps interest rates steady for now; suggests rates may rise in 2015
  • Initial unemployment claims fall by 6,000 in latest report
  • Philadelphia Fed's Business Outlook Survey shows positive but slower growth in December
  • Mortgage applications fall 3.3 percent even as rates decline to lowest level since May 2013
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