The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 2/19/15

Thursday, February 19, 2015

BuilderBytes' MetroIntelligence Economic Update for 2/19/15

Please click here to see the edition of BuilderBytes for 2/19/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Housing starts dipped in January from a recent peak, but still up nearly 19 percent year-over-year
  • Building permits dipped slightly in January but still up eight percent year-over-year
  • Builder confidence dips slightly in February
  • Consumer sentiment takes unexpected dip in February but still at highest level since January 2007
  • Empire State Manufacturing Survey dips slightly in February but shows continued, modest expansion
  • Producer Price Index fell 0.8 percent in January; flat for previous 12 months
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