The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 1/6/12

Friday, January 6, 2012

BuilderBytes' MetroIntelligence Economic Update for 1/6/12

Please click here to see the edition of BuilderBytes for 1/6/12 on the Web.

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

  • Private sector employment rises by 325,000 jobs in December
  • December job cuts lowest since June
  • Initial unemployment claims fall in final week of 2011
  • Non-manufacturing employment rises for 25th consecutive month in December
  • Factory orders rise by 1.8% in November
  • Although holiday mortgage applications dip from previous week, overall volume was up by 39% versus 2010.
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