In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- January pending home sales rose to highest level in 18 months
- Fourth quarter 2014 GDP grew at 2.2 percent in second estimate
- Consumer sentiment fell in February due to severe weather
- Chicago Business Barometer plunged in February likely due to harsh winter and West Coast port strike
- Construction spending dipped slightly in January but still up 1.8 percent year over year
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