Friday, August 14, 2015

BuilderBytes' MetroIntelligence Economic Update for 8/14/15

Please click here to see the edition of BuilderBytes for 8/14/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Retail sales rose 0.6 percent in July, revised upwards for May and June
  • Initial unemployment claims rise by 5,000 in latest report, but 4-week average still lowest since April 2000
  • Business inventories rose in June by highest amount since January 2013
  • Mortgage applications remained mostly flat in latest survey as rates remained unchanged
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