The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 8/2/13

Friday, August 2, 2013

BuilderBytes' MetroIntelligence Economic Update for 8/2/13


Please click here to see the edition of BuilderBytes for 8/2/13 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Private sector jobs rose by 200,000 from June to July
  • Job cuts declined slightly in June
  • Second Quarter 2013 GDP rose by 1.7% in first estimate
  • Employment cost index up by 0.5% in second quarter
  • Construction spending unexpectedly fell by 0.6% in June
  • Initial unemployment claims fall by 19,000 in latest report
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