The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 6/5/15

Friday, June 5, 2015

BuilderBytes' MetroIntelligence Economic Update for 6/5/15


Please click here to see the edition of BuilderBytes for 6/5/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Planned job cuts fell sharply in May but YTD totals still higher than in 2014
  • Initial unemployment claims fell by 8,000 in latest report
  • Productivity fell 3.1 percent in the first quarter of 2015, mostly flat year-over-year
  • Mortgage applications dip 7.6 percent in latest survey even as rates slide 
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