Please click here to see the edition of BuilderBytes for 7/22/13 on the Web.
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Federal Reserve: economy growing at modest to moderate pace
- Initial unemployment claims dip by 24,000 in latest report
- Philadelphia Fed's Business Outlook Survey improves in July
- Overall mortgage applications dip as rates rise; purchase loans rise by 1% in latest survey
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