The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 10/17/2011

Monday, October 17, 2011

BuilderBytes' MetroIntelligence Economic Update for 10/17/2011

Please click here to see the edition of BuilderBytes for 10/17/2011 on the Web. In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

  • September Retail Sales Grow More than Twice as Expected
  • U.S. Budget Deficit Shrank as Portion of Economy in Sept. but Still the Second-Largest on Record
  • Initial Unemployment Claims Remain Above 400,000 Per Week
  • Consumer Sentiment and Expectations Sag in October
  • August Trade Deficit Remains Virtually Unchanged from July at $45.6 Billion
  • Import Prices Unexpectedly Rise in September, Export Prices Rise Again
  • Business Inventories Rise More than Expected in August as Sales Growth Slows

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