The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 11/05/12

Monday, November 5, 2012

BuilderBytes' MetroIntelligence Economic Update for 11/05/12

Please click here to see the edition of BuilderBytes for 11/05/12 on the Web.

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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