Please click here to see the edition of BuilderBytes for 5/15/15 on the Web.
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Producer Price Index fell 0.4 percent in April, and was down 1.3 percent year-over-year
- Initial unemployment claims fall by 1,000 in latest report as 4-week average dropped by 7,750
- Mortgage applications drop 3.5 percent in latest survey as rates rebound
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