Please click here to see the edition of BuilderBytes for 8/03/12 on the Web.
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Private sector jobs grew by 163,000 from June to July
- Planned layoffs declined for second consecutive month in July
- Construction spending rose by 0.4% in June; May increase also adjusted upwards
- Federal Reserve decides to take no further action to stimulate the economy for now
- Manufacturing sector activity contracted in July but overall economy still growing
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