BuilderBytes' MetroIntelligence Economic Update for 11/12/15

Please click here to see the edition of BuilderBytes for 11/12/15 on the Web.

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

• Wholesale inventories rose by 0.5 percent in September, for the largest gain in three months

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BuilderBytes' MetroIntelligence Economic Update for 11/10/15

Please click here to see the edition of BuilderBytes for 11/10/15 on the Web.

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

• Job growth rebounded strongly to 271,000 in October as employment fell to 5.0 percent
• Consumer credit use soared in September to all-time high, signaling confidence in the economy

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Job growth bounced back strongly in October

Some great news on the U.S. economy today!

The Bureau of Labor Statistics is reporting that the U.S. added 271,000 jobs in October, far better than the 181,000 expected by economists. The overall unemployment rate inched lower to 5.0%, which is the lowest it’s been since February 2008, nearly eight years ago.

 
This, coupled with improvement in wages, makes today’s jobs report the best of 2015.

Click here to read the the entire report.

BuilderBytes' MetroIntelligence Economic Update for 11/06/15

Please click here to see the edition of BuilderBytes for 11/06/15 on the Web.

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

• Planned job cuts dropped by 14 percent in October but still up 31 percent vs. 2014
• Productivity rose at 1.6 percent in third quarter of 2015, with hours worked falling for first time since 2009
• Mortgage applications dip 0.8 percent in latest survey as rates rise slowly
• Initial unemployment claims rise by 16,000 in latest report

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BuilderBytes' MetroIntelligence Economic Update for 11/5/15

Please click here to see the edition of BuilderBytes for 11/5/15 on the Web.

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

• Private sector jobs grew by 182,000 in October
• Manufacturing sector index remained mostly flat in October
• Service sector economy growth rose to 2.2 percent for October
• Factory orders dipped by one percent in September

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BuilderBytes' MetroIntelligence Economic Update for 11/3/15

Please click here to see the edition of BuilderBytes for 11/3/15 on the Web.

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

• Consumer sentiment rebounded in October, YTD 2015 levels highest since 2004
• Personal income and spending both inched up in September
• Chicago Business Barometer bounced back strongly in September
• Construction spending rose 0.6 percent in September to highest level since March 2008

Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.