ADP: Private Sector Employment Increased by 158,000 Jobs in June

Private-sector employment increased by 158,000 from May to June, which compares to 230,000 the previous month and 258,000 during the same period of 2016.

Employers announced plans to cut payrolls by 31,105 jobs in June, the lowest monthly total of the year as well as being 6 percent lower than in May and 19.3 percent lower year-on-year.

Through the first six months of 2017, employers announced 227,000 planned job cuts, down 28 the same period of 2016.

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BuilderBytes' MetroIntelligence Economic Update for 10/2/15

Please click here to see the edition of BuilderBytes for 10/2/15 on the Web.

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

• Construction spending climbed to highest level since 2008 in August
• Job cuts rose 43 percent in September and up 93 percent year-over-year
• Initial employment claims rise by 10,000 in latest report
• Mortgage applications dip 6.7 percent in latest survey as rates remain mostly flat

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BuilderBytes' MetroIntelligence Economic Update for 9/4/5

Please click here to see the edition of BuilderBytes for 9/4/15 on the Web.

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

• Planned job cuts plunged by 60 percent in August but still 2.9 percent higher year-over-year
• Initial unemployment claims rise by 12,000 in latest report
• Factory orders posted modest 0.4 percent gain in July
• Mortgage applications rise by 11.3 percent in latest survey

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BuilderBytes' MetroIntelligence Economic Update for 8/7/15

Please click here to see the edition of BuilderBytes for 8/7/15 on the Web.

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

• Announced job cuts soar to over 100,000 in July, with half attributed to U.S. Army reductions
• Initial unemployment claims rise by 3,000 in latest report
• Mortgage applications rise 4.7 percent in latest survey as rates dip

Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

BuilderBytes' MetroIntelligence Economic Update for 6/5/15

Please click here to see the edition of BuilderBytes for 6/5/15 on the Web.

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

• Planned job cuts fell sharply in May but YTD totals still higher than in 2014
• Initial unemployment claims fell by 8,000 in latest report
• Productivity fell 3.1 percent in the first quarter of 2015, mostly flat year-over-year
• Mortgage applications dip 7.6 percent in latest survey even as rates slide 

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BuilderBytes' MetroIntelligence Economic Update for 3/6/15

Please click here to see the edition of BuilderBytes for 3/6/15 on the Web.

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

• Planned job cuts declined slightly in February, but still higher than year-ago levels
• Productivity fell 2.2 percent during fourth quarter of 2014, but rose 0.7 percent for all of 2014
• Unemployment claims rise to nine-month high as frigid weather takes a toll
• Factory orders dipped again in January as global demand cools and the dollar strengthens
• Mortgage applications largely unchanged in latest survey

Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

BuilderBytes' MetroIntelligence Economic Update for 10/6/14

Please click here to see the edition of BuilderBytes for 10/6/14 on the Web.

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

• Payrolls grew by 248,000 in September as unemployment fell below 6.0 percent
• Job cuts in September fall to lowest level in 14 years
• Private sector job market reports six straight month of gains over 200,000
• Initial unemployment claims fall by 8,000 in latest report
• New factory goods orders plunged in August but were flat minus transportation sector
• Mortgage applications remain essentially flat in latest report as rates slide

Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

BuilderBytes' MetroIntelligence Economic Update for 10/3/14

Please click here to see the edition of BuilderBytes for 10/3/14 on the Web.

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

• Job cuts in September fall to lowest level in 14 years
• Private sector job market reports six straight month of gains over 200,000
• Initial unemployment claims fall by 8,000 in latest report
• New factory goods orders plunged in August but were flat minus transportation sector
• Mortgage applications remain essentially flat in latest report as rates slide

Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

BuilderBytes' MetroIntelligence Economic Update for 7/3/14

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

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

• Construction spending edged up in May after April's strong rebound
• Private sector employment rose by 281,000 jobs in June
• Job cuts rose sharply in May due largely to layoffs in technology
• Manufacturing sector grew in June for the 13th consecutive month

Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

BuilderBytes' MetroIntelligence Economic Update for 5/2/14

Please click here to see the edition of BuilderBytes for 5/2/14 on the Web.

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

• Construction spending inches up in March; up by 8.4 percent year-over-year
• Job cuts rose 17 percent in April, mostly in retail and financial services
• Personal spending in March jumped by more than double the pace of incomes
• Mortgage applications dip by 5.9 percent in latest survey

Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

BuilderBytes' MetroIntelligence Economic Update for 12/6/13

Please click here to see the edition of BuilderBytes for 12/6/13 on the Web.

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

• 3Q 2013 GDP growth jumps to 3.6 percent in second estimate
• Federal Reserve report shows continuing but moderate economic growth
• November job cuts virtually unchanged from October
• October decline in factory orders in line with expectations
• Initial unemployment claims fall by 23,000 in latest report

Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

BuilderBytes' MetroIntelligence Economic Update for 9/6/13

Please click here to see the edition of BuilderBytes for 9/6/13 on the Web.

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

• Private sector jobs rose by 176,000 in July
• August job cuts surge to highest level since February
• Initial unemployment claims fall by 9,000 in latest report
• Labor productivity rose at 2.3 percent in 2Q 2013, matching gains in compensation

Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

BuilderBytes' MetroIntelligence Economic Update for 8/2/13

Please click here to see the edition of BuilderBytes for 8/2/13 on the Web.

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

• Private sector jobs rose by 200,000 from June to July
• Job cuts declined slightly in June
• Second Quarter 2013 GDP rose by 1.7% in first estimate
• Employment cost index up by 0.5% in second quarter
• Construction spending unexpectedly fell by 0.6% in June
• Initial unemployment claims fall by 19,000 in latest report

Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

BuilderBytes' MetroIntelligence Economic Update for 5/3/13

Please click here to see the edition of BuilderBytes for 5/3/13 on the Web.

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

• March construction spending dipped 1.7% from February to $856.7 billion
• Private sector jobs grew by 119,000 positions from March to April
• Planned job cuts fell to their lowest level since December during April
• Initial unemployment claims fall by 18,000 in latest report
• FOMC decides to keep interest rates low and maintain bond purchases

Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

BuilderBytes' MetroIntelligence Economic Update for 4/6/12

Please click here to see the edition of BuilderBytes for 4/6/12 on the Web.

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

• 101 markets on April's NAHB Improving Market Index
  
• Private sector employment rose by 209,000 jobs in March; gains for previous months also revised higher
  
• Planned job cuts in March fall to lowest level since May 2011
• Economic activity in services sector continued to rise in March; cost pressures and concern about fuel prices remain
• Mortgage applications rise by 4.8% in latest survey; first rebound in Refinance Index in six weeks
• Initial unemployment claims fall by 6,000 in most recent survey
  

Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Want to make sure your company or event is included in the events calendar? Contact editor Dani Smith at dsmith@penpubinc.com.

BuilderBytes' MetroIntelligence Economic Update for 2/03/12

Please click here to see the edition of BuilderBytes for 2/03/12 on the Web.

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

• Construction spending rose in December but still down by 2.0% for 2011
• Private sector employment rose by 170,000 jobs in January
• Planned job cuts rose by 28% in January, generally the heaviest job-cut month of the year
• Initial unemployment claims fall by 12,000 in latest survey
• Worker productivity decreased in fourth quarter of 2011 as labor costs rose by 1.2%
• Manufacturing sector activity expands for 30th straight month
• Mortgage applications fall by 2.9% in latest survey

Want to advertise in the newsletter and reach over 100,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Want to make sure your company or event is included in the events calendar? Contact editor Dani Smith at dsmith@penpubinc.com.

BuilderBytes' MetroIntelligence Economic Update for 1/6/12

Please click here to see the edition of BuilderBytes for 1/6/12 on the Web.

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

• Private sector employment rises by 325,000 jobs in December
• December job cuts lowest since June
• Initial unemployment claims fall in final week of 2011
• Non-manufacturing employment rises for 25th consecutive month in December
• Factory orders rise by 1.8% in November
• Although holiday mortgage applications dip from previous week, overall volume was up by 39% versus 2010.
  

Want to advertise in the newsletter and reach over 100,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Want to make sure your company or event is included in the events calendar? Contact editor Dani Smith at dsmith@penpubinc.com.