In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Existing home sales bounced back in December as median home prices continued to climb
- December new home sales jump to highest level in six years
- S&P/Case-Shiller Indices report declining year-over-year growth rates in November
- Consumer confidence rises to highest level since August 2007
- Leading Economic Index rose again in December as short-term outlook continues to improve
- Durable goods orders fall 3.4 percent in December due mostly to plunge in commercial aircraft orders
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