Thursday, July 7, 2016

BuilderBytes' MetroIntelligence Economic Update for 7/7/16

Please click here to see the edition of BuilderBytes for 7/7/16 on the Web.

In this issue of the MetroIntelligence Economic Update, we covered the following indicators:

  • Construction spending unexpectedly fell 0.8 percent in May
  • Manufacturing sector index registered growth in May for fourth straight month
  • Service sector economy index rebounded strongly in June
  • Factory orders declined one percent in May, but order backlogs grew
  • Corelogic HPI shows May home prices rose 5.9 percent year-on-year and 1.3 percent from April
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