The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 5/8/15

Friday, May 8, 2015

BuilderBytes' MetroIntelligence Economic Update for 5/8/15


Please click here to see the edition of BuilderBytes for 5/8/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Planned job cuts surged in April, largely due to falling oil prices
  • Initial unemployment claims rise 3,000 in latest report but 4-week average still lowest since May 2000
  • Consumer credit rose 7.5 percent in March, posting the highest growth rate since last April
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