![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4MG5eJUdgQNsdLWVwHYNArXjGe9bi5Y5JuILgGeREzSvg57lABRWbPp55ZoBTOEW-kvVDljs8Y4HZ-KT0y5vVbWEBbGqz7UCl4RQ4VczRT09g5XGCctoCkWXzAgMZoI1pHPswm-r-Rb3Q/s1600/builderbytes2.jpg)
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Builder confidence dips two points to 54 in May, but still up sharply year-over-year
- Consumer sentiment index falls in May in preliminary estimate
- Industrial production fell in April for fifth straight month
- Empire State Manufacturing Survey shows slightly improvement in May
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