The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 3/11/13

Monday, March 11, 2013

BuilderBytes' MetroIntelligence Economic Update for 3/11/13

Please click here to see the edition of BuilderBytes for 3/11/13 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicator:
  • Non-farm employment rose by 236,000 in February as unemployment rate dipped to 7.1%
  • Beige Book shows stronger real estate market as economy expanded in almost all Fed Districts
  • Labor productivity fell by 1.9% during 4Q 2012 as unit labor costs rose by 4.6%
  • Consumer credit in January rose by highest level in five months
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