The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 3/09/12

Friday, March 9, 2012

BuilderBytes' MetroIntelligence Economic Update for 3/09/12


Please click here to see the edition of BuilderBytes for 3/09/12 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Private sector employment rose by 216,000 in February
  • Consumer credit expanded more than expected in January
  • Mortgage applications dip slightly in latest survey
  • Job cuts by 3% overall, but still remain high in transportation and consumer goods
  • Initial claims for unemployment rise by 8,000 in most recent report

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