The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 12/19/11

Monday, December 19, 2011

BuilderBytes' MetroIntelligence Economic Update for 12/19/11

Please click here to see the edition of BuilderBytes for 12/19/11 on the Web.

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

  • Philadelphia Federal Reserve's Business Outlook Survey Continued to Improve in December
  • Consumer prices remain flat in November as lower energy prices counter higher food prices
  • Initial unemployment claims fall to 366,000
  • Producer Price Index increases moderating
  • Industrial production falls unexpectedly in November
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