The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 4/20/12

Friday, April 20, 2012

BuilderBytes' MetroIntelligence Economic Update for 4/20/12

Please click here to see the edition of BuilderBytes for 4/20/12 on the Web.
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Existing home sales dip in March but still 5.2% above the same month of 2011
  • Leading Economic Index rose by 0.3% in March, increasing for the sixth consecutive month
  • Initial unemployment claims fall by 2,000 to 386,000
  • Business inventories up by 0.6% since January and by 7.6% since February 2011
  • March retail sales rise by 6.5% since March of 2011
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