The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 7/31/15

Friday, July 31, 2015

BuilderBytes' MetroIntelligence Economic Update for 7/31/15


Please click here to see the edition of BuilderBytes for 7/31/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Second quarter 2015 GDP rose 2.3 percent in advance estimate
  • Initial unemployment claims rise by 12,000 in latest report
  • Mortgage applications rise 8.8 percent in latest survey
  • Federal Reserve leaves key interest rate unchanged, may increase later this year
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