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
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