The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 3/7/14

Friday, March 7, 2014

BuilderBytes' MetroIntelligence Economic Update for 3/7/14


Please click here to see the edition of BuilderBytes for 3/7/14 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Planned job cuts declined slightly in February, down 7.3 percent from previous year
  • Factory orders fell in February for second straight month, likely due to winter weather
  • Productivity in 4Q 2013 revised down to 1.8 percent annual rate, was 0.5 percent in for 2013
  • Initial unemployment claims dipped by 23,000 in latest report
  • Fed's Beige Book:  weather obscures reading on economic conditions
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