BuilderBytes' MetroIntelligence Economic Update for 10/30/15

Please click here to see the edition of BuilderBytes for 10/30/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

• Pending home sales dipped in September but still up 3.0 percent year-over-year
• Third quarter 2015 GDP growth fell to 1.5 percent in advance estimate
• Mortgage applications fall 3.5 percent in latest survey as rates inched back up
• Initial unemployment claims rise by 1,000 but 4-week average still at lowest level since Dec. 1973
• Federal Reserve leaves interest rates unchanged for now

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