Economic Statistics for 2 Nov 11
Today’s economic statistical releases:
ADP estimates that October private payrolls rose 110,000, little changed from September’s revised 116,000.
Challenger’s layoff report shows that layoff announcements eased in October to 42,759.
The Mortgage Bankers’ Association reports that mortgage purchase applications rose by 0.2% last week. Mortgage rates for 30-year conforming loans fell 2 basis points to 4.31%.