Economic Statistics for 17 Jul 13
Here are today’s statistics on the state of the economy:
The MBA reports that mortgage applications fell -2.6% last week, with purchases up 1.0% but re-fis down -4.0%.
Housing starts pulled back sharply in June, down -9.9% to an annualized 0.836 million.
The Fed’s Beige Book reports that overall economic activity continued to increase at a "modest to moderate pace" in the latest reporting period.