The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 11/06/15

Friday, November 6, 2015

BuilderBytes' MetroIntelligence Economic Update for 11/06/15


Please click here to see the edition of BuilderBytes for 11/06/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Planned job cuts dropped by 14 percent in October but still up 31 percent vs. 2014
  • Productivity rose at 1.6 percent in third quarter of 2015, with hours worked falling for first time since 2009
  • Mortgage applications dip 0.8 percent in latest survey as rates rise slowly
  • Initial unemployment claims rise by 16,000 in latest report
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