The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 6/16/16

Thursday, June 16, 2016

BuilderBytes' MetroIntelligence Economic Update for 6/16/16

Please click here to see the edition of BuilderBytes for 6/16/16 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Retail sales rose for second straight month in May
  • Both sales and business inventories rose again in April
  • Industrial production dipped 0.4 percent from April and down 1.4 percent year-on-year
  • Empire State Manufacturing Survey expands modestly in June
  • Producer Price Index rose 0.4 percent in May but down 0.1 percent over previous 12 months
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