Please click here to see the edition of BuilderBytes for 6/15/12 on the Web.
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- 80 metros listed as improving markets in June
- May retail sales dip 0.2% from April but 5.3% above same month of 2011
- Business inventories rise to record high, largely due to dealers stocking new cars
- Producer Price Index falls by biggest one-month drop in nearly three years
- Mortgage applications rise to highest level since May of 2009
- Initial unemployment claims rise by 6,000 in latest report
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