BuilderBytes' MetroIntelligence Economic Update for 7/18/14

Please click here to see the edition of BuilderBytes for 7/18/14 on the Web.

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

• June housing starts plummeted in the South but rose in U.S. other regions
• June building permits dip by 4.2 percent from May but still up 2.7 percent year-over-year
• Initial unemployment claims fall to lowest level since June 2007
• Mortgage applications dip by 3.6 percent in latest survey
• Business inventories rose by 0.5 percent in May, matching expectations
• Philadelphia Fed's Outlook Survey showed continued regional expansion in July

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