The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 10/6/2011

Thursday, October 6, 2011

BuilderBytes' MetroIntelligence Economic Update for 10/6/2011

Please click here to see the edition of BuilderBytes for 10/6/2011 on the Web. In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

  • Mixed signals from HUD's September Housing Scorecard
  • Construction spending rises to annual rate of $799.1 billion
  • Manufacturing activity rises for 26th consecutive month
  • Non-manufacturing activity rises for 22nd consecutive month
  • New factory orders down 0.2%
  • Overall mortgage applications fall by 4.3%
  • Planned layoffs surge to highest level since April 2009
  • Private sector employment rose by 91,000 jobs in September

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