BuilderBytes' MetroIntelligence Economic Update for 2/21/14

Please click here to see the edition of BuilderBytes for 2/21/14 on the Web.

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

• Leading Economic Index rose slightly in January after no change in December
• CPI rose by 0.1 percent in January, up 1.6 percent over previous 12 months
• Philadelphia Fed's Business Outloook Survey dips in February mostly due to severe weather
• Initial unemployment claims fall by 3,000 in latest report
• Mortgage applications fall by 4.1 percent in latest survey, mostly due to fewer purchase loans

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