The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 4/30/12

Monday, April 30, 2012

BuilderBytes' MetroIntelligence Economic Update for 4/30/12

Please click here to see the edition of BuilderBytes for 4/30/12 on the Web.


In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Consumer confidence remains largely unchanged in April as consumers await more jobs and lower gas prices
  • GDP increased by annual rate of 2.2% in the first quarter of 2012 according to advance estimate
  • Gross domestic purchase index rose by 2.4% in the first quarter of 2012, up from 1.1% the previous quarter
  • Wages rise by 1.9% for 12-month period ending with March 2012
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