The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 10/31/14

Friday, October 31, 2014

BuilderBytes' MetroIntelligence Economic Update for 10/31/14

Please click here to see the edition of BuilderBytes for 10/31/14 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • 3Q 2014 GDP rose by 3.5 percent in advance estimate
  • Federal Reserve ends QEIII, will now focus on interest rates
  • Initial unemployment claims rise by 3,000 in latest report
  • Mortgage applications dip 6.6 percent in latest survey, interest rates up slightly 
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