The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 4/6/12

Friday, April 6, 2012

BuilderBytes' MetroIntelligence Economic Update for 4/6/12

Please click here to see the edition of BuilderBytes for 4/6/12 on the Web.

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

  • 101 markets on April's NAHB Improving Market Index
  • Private sector employment rose by 209,000 jobs in March; gains for previous months also revised higher
  • Planned job cuts in March fall to lowest level since May 2011
  • Economic activity in services sector continued to rise in March; cost pressures and concern about fuel prices remain
  • Mortgage applications rise by 4.8% in latest survey; first rebound in Refinance Index in six weeks
  • Initial unemployment claims fall by 6,000 in most recent survey

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