Friday, October 30, 2015

BuilderBytes' MetroIntelligence Economic Update for 10/30/15

Please click here to see the edition of BuilderBytes for 10/30/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Pending home sales dipped in September but still up 3.0 percent year-over-year
  • Third quarter 2015 GDP growth fell to 1.5 percent in advance estimate
  • Mortgage applications fall 3.5 percent in latest survey as rates inched back up
  • Initial unemployment claims rise by 1,000 but 4-week average still at lowest level since Dec. 1973
  • Federal Reserve leaves interest rates unchanged for now
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