The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 5/7/12

Monday, May 7, 2012

BuilderBytes' MetroIntelligence Economic Update for 5/7/12

Please click here to see the edition of BuilderBytes for 5/07/12 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Employers fill 115,000 positions in April as the unemployment rate remains little changed at 8.1%
  • Initial unemployment claims fall to 365,000 in latest report
  • Services sector grows for 28th consecutive month but at a slower pace
  • Factory orders fall by 1.5% while inventories rose by 0.3% in March
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