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Please click here to see the edition of BuilderBytes for 7/24/14 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • FHFA House Price Index up 0.4 percent in May and 5.5 percent over previous year
  • CPI rose 0.3 percent in June, up 2.1 percent over previous 12 months
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Please click here to see the edition of BuilderBytes for 7/22/14 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Existing home sales hit fastest pace since October 2013
  • Leading Economic Indicators increased 0.3 percent in June
  • Consumer sentiment takes preliminary dip in July
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.


Please click here to see the edition of BuilderBytes for 7/18/14 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • June housing starts plummeted in the South but rose in U.S. other regions
  • June building permits dip by 4.2 percent from May but still up 2.7 percent year-over-year
  • Initial unemployment claims fall to lowest level since June 2007
  • Mortgage applications dip by 3.6 percent in latest survey
  • Business inventories rose by 0.5 percent in May, matching expectations
  • Philadelphia Fed's Outlook Survey showed continued regional expansion in July
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Please click here to see the edition of BuilderBytes for 7/17/14 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Builder confidence rebounds by four points to 53 in July
  • Retail sales rose less than expected in July due to fewer auto sales
  • Producer Price Index rose 0.4 percent in June, up 1.9 percent for previous 12 months
  • Industrial production up by 0.2 percent in June and 5.5 percent annual rate in 2Q 2014
  • Business conditions climb for highest level in four years for New York firms
Want to advertise in the newsletter and reach over 130,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

My column for the July 2014 issue of Builder and Developer magazine is now posted online.

For this issue, entitled "Green Building Takes on Climate Change," I reviewed the June report released from The Risky Business Project and what that could mean for the building industry.  An excerpt:
In late 2013, a trio of business leaders including Michael Bloomberg, Hank Paulson and investment fund billionaire Tom Steyer teamed up to found the Risky Business Project with a simple mandate: Determine the potential consequences for the U.S. economy without significant changes in the way we consume and deploy natural resources...

Several years ago, the NAHB conducted its own research into the effects of housing and homebuilding on GHG emissions using data from the Department of Energy, the Census Bureau and other agencies. The association hired its own researchers and economists to review existing data on density, land-use patterns and vehicle usage.
What they concluded was that given the complexity of building communities, caution is strongly recommended as choices are made about the future due primarily to the law of unintended consequences. Solutions that may seem simple on the surface are actually much more complex, and would involve various tradeoffs that could create new problems to solve...
To read the entire column, click here.


To read the entire July 2014 issue in digital format, click here.

      
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