Free Markets, Free People

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.

Dale Franks
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3 Responses to Economic Statistics for 3 Apr 13

  • Please correct me if I’m wrong – but shouldn’t the headline read “for 3 Apr 13” ?

    Time is flying by, and now we’re into April.

    (PS- tax day fast approacheth…)

  • Notably in the breakdown of jobs, March saw +0 Construction jobs added: hardly the stuff great housing recoveries are made of.

    The good news, if any, is that small business finally were the biggest generator of jobs, adding 74,000, or just less than half of total, with medium and large accounting for 37,000 and 47,000 respectively.