The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 11/19/12

Monday, November 19, 2012

BuilderBytes' MetroIntelligence Economic Update for 11/19/12

Please click here to see the edition of BuilderBytes for 11/19/12 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • CPI rose by 0.1% in October, core prices up by 0.2%
  • Industrial production declined in October, largely due to Hurricane Sandy
  • Philadelphia Fed's Business Outlook survey reports negative impact from Hurricane Sandy
  • Empire State Manufacturing Survey reports modest decline in November for fourth consecutive month
  • Initial unemployment claims spike by 78,000 in latest report, mostly due to impact from Hurricane Sandy
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