Economic Statistics for 3 Jul 13
Here are today’s statistics on the state of the economy:
The MBA reports that mortgage applications plunged -11.7% last week, with purchases down -3.0% and re-fis down -16.0%.
Challenger reports job layoff announcements totaled 39,372 in June, up from 36,398 in May.
The ADP Employment Report estimates that 188,000 private payroll jobs were created in June.
The U.S. trade deficit in May jumped to $45.0 billion from $40.1 billion in April.
Initial jobless claims fell 5,000 to 343,000. The 4-week average fell 250 to 345,500, while continuing claims fell 54,000 to 2.933 million.
The Gallup U.S. Job Creation Index was unchanged at 22 for June.
The Bloomberg Consumer Comfort Index rose 0.8 points to -27.5 in the latest week, a fresh five and a half year high.
The ISM Non-Manufacturing Index fell 1.5 points to 52.2 in June.