BuilderBytes' MetroIntelligence Economic Update for 12/20/13

Please click here to see the edition of BuilderBytes for 12/20/13 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

• Existing home sales dipped while prices continued to rise in November
• Leading Economic Index continued to rise in November
• 3Q GDP growth estimates rises sharply to 3.6 percent in second quarter
• Philadelphia Fed's Business Outlook Survey for December shows continuing growth
• Initial unemployment claims rise by 10,000 in latest report
• Federal Reserve to taper quantitative easing but holds firm on forward guidance on rate hikes

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