Economic Statistics for 11 Jan 12
Today’s economic statistical releases:
The MBA reports Mortgage applications are on the rebound after 3 weeks of sharp declines. Purchase applications rose 8.1% and refinance applications rose 3.3% last week. The composite index rose 4.5%.
We’re waiting, at the moment, for the release of the Fed’s Beige Book report on the economy, due out at 2PM EST.