The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 4/13/12

Friday, April 13, 2012

BuilderBytes' MetroIntelligence Economic Update for 4/13/12

Please click here to see the edition of BuilderBytes for 4/13/12 on the Web.

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

  • Federal Reserve Beige Book shows continued improvement; multifamily construction still on a roll.
  • 15-year fixed loan interest rates drop to new all-time low
  • Producer Price Index unchanged in March; rose by just 2.8% over the past year
  • Initial unemployment claims rise by 13,000 in most recent survey

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