The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 12/3/13

Tuesday, December 3, 2013

BuilderBytes' MetroIntelligence Economic Update for 12/3/13

Please click here to see the edition of BuilderBytes for 12/3/13 on the Web.  Please note that BuilderBytes will now be published on Tuesdays, Thursdays and Fridays.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Construction spending rose 0.8 percent in October, up by 5.3 percent over last year
  • Leading Economic Index rose for fourth straight month in October
  • Consumer confidence dipped in October; respondents view government as economic obstacle
  • Chicago Business Barometer softened in November following October's sharp rise
  • Durable goods orders drop two percent in October following September's four-percent gain
  • Initial unemployment claims fall by 10,000 in latest report
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