The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 3/3/15

Tuesday, March 3, 2015

BuilderBytes' MetroIntelligence Economic Update for 3/3/15

Please click here to see the edition of BuilderBytes for 3/3/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • January pending home sales rose to highest level in 18 months
  • Fourth quarter 2014 GDP grew at 2.2 percent in second estimate
  • Consumer sentiment fell in February due to severe weather
  • Chicago Business Barometer plunged in February likely due to harsh winter and West Coast port strike
  • Construction spending dipped slightly in January but still up 1.8 percent year over year
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