The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 11/28/2011

Monday, November 28, 2011

BuilderBytes' MetroIntelligence Economic Update for 11/28/2011

Please click here to see the edition of BuilderBytes for 11/28/2011 on the Web.

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

  • Consumer confidence rises to highest level in five months
  • Durable good orders decrease for the second consecutive month, largely from fewer commercial aircraft orders
  • Personal income rises less than expected as savings rates increase
  • Initial unemployment claims rise slightly more than expected
  • Mortgage applications dip by 1.2% in latest survey
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