The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 10/2/15

Friday, October 2, 2015

BuilderBytes' MetroIntelligence Economic Update for 10/2/15


Please click here to see the edition of BuilderBytes for 10/2/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Construction spending climbed to highest level since 2008 in August
  • Job cuts rose 43 percent in September and up 93 percent year-over-year
  • Initial employment claims rise by 10,000 in latest report
  • Mortgage applications dip 6.7 percent in latest survey as rates remain mostly flat
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