The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 4/23/12

Monday, April 23, 2012

BuilderBytes' MetroIntelligence Economic Update for 4/23/12

Please click here to see the edition of BuilderBytes for 4/23/12 on the Web.
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Empire State Manufacturing Survey indicates continued improvement; high optimism about the six-month outlooks
  • Philadelphia Fed survey reports moderate manufacturing expansion; firms optimistic about future hiring plans
  • Mortgage applications increase by 6.9% in latest survey
  • Industrial production rose by 5.4% in first quarter of 2012
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