The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 5/6/13

Monday, May 6, 2013

BuilderBytes' MetroIntelligence Economic Update for 5/6/13

Please click here to see the edition of BuilderBytes for 5/6/13 on the Web.

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

  • Employment rose by 165,000 jobs in April; previous months' totals also revised upwards
  • Productivity rose by 0.7% in 1Q 2013; labor costs rose by 0.5%
  • Mortgage applications rose by 1.8% in latest survey
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