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In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Unemployment remains stuck at 7.9% as 171,000 jobs added in October; totals for September and August revised upwards
- Initial unemployment claims fall by 9,000 in latest report
- Manufacturing sector activity expands for second consecutive month in October
- Mortgage applications fell by 4.8% in latest report but purchase loan applications rose by 1%
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