Economic Statistics for 3 Apr 13
Here are today’s statistics on the state of the economy:
The MBA reports mortgage applications fell -4.0% last week. While purchases were up 1.0%, re-fis fell -6.0%.
ADP’s Employment Report for March shows a weak 158,000 new private payroll jobs, pointing to weakness in Friday’s Employment Situation.
The ISM Non-Mfg Index fell 1.6 points to 54.4 in March. The employment component fell a sharp 3.9 points.