BuilderBytes' MetroIntelligence Economic Update for 1/31/14

Please click here to see the edition of BuilderBytes for 1/31/14 on the Web.

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

• Pending home sales fell by 8.7 percent in December due partly to bad weather
• 4Q GDP rose by 3.2 percent in first estimate
• Initial unemployment claims rise by 19,000 in latest report
• FOMC votes to taper bond purchases more as economy continues to improve

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