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Economic Statistics for 10 Oct 12

The following US economic statistics were announced today:

The Mortgage Bankers Association says mortgage applications fell –1.2% last week, with purchases up 2.0% but refinancings down –2.0%.

Wholesale inventories rose 0.5% in August, while the stock-to-sales ratio fell to 1.20, the first drop in three months.

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Dale Franks
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