The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 3/15/13

Friday, March 15, 2013

BuilderBytes' MetroIntelligence Economic Update for 3/15/13


Please click here to see the edition of BuilderBytes for 3/15/13 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Retail sales in February rise by 1.1% from January and by 4.6% from February 2012
  • Initial unemployment claims fall by 10,000 in latest report; 4-week moving average dips by 2,750
  • Producer Price Index rose by 0.7% in February
  • Business inventories rise in January by the most since May 2011
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