Please click here to see the edition of BuilderBytes for 7/10/13 on the Web.In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- May construction spending up by 0.5% from April and 5.4% from May 2012
- Payroll jobs rose by 195,000 in June; total gains for April and May revised up by 70,000
- Private sector jobs rose by 188,000 from May to June
- Planned job cuts rose slightly in June but overall pace declining
- Initial unemployment claims fall by 5,000 in latest report
- Mortgage applications dip as rates rise, especially for refinances
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