The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 11/07/2011

Monday, November 7, 2011

BuilderBytes' MetroIntelligence Economic Update for 11/07/2011

Please click here to see the edition of BuilderBytes for 11/07/2011 on the Web.

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

  • 80,000 Jobs Added in September as Average Hourly Earnings Rise by 0.2%
  • Initial Claims for Unemployment Fall Below 400,000
  • Productivity Rises by 3.1% as Unit Labor Costs Fall by 2.4% in 3Q2011
  • Factory Orders Rise by 0.3% in September, Led by Big Jump in Business Investment
  • Service Sector Economy Still Growing, Albeit Slowly
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