The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 10/16/15

Friday, October 16, 2015

BuilderBytes' MetroIntelligence Economic Update for 10/16/15


Please click here to see the edition of BuilderBytes for 10/16/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • CPI fell 0.2 percent in September and essentially flat over previous 12-month period
  • Empire State Manufacturing Index declines for third straight month
  • Philadelphia Fed's Business Outlook Survey weakened again in October
  • Mortgage applications plummet 27.6 percent as new disclosure rules implemented
  • Initial unemployment claims fall by 7,000 in latest report; 4-week moving average lowest since Dec. 1973
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