Free Markets, Free People

Economic Statistics for 14 Aug 13

Here are today’s statistics on the state of the economy:

The Atlanta Fed Business Inflation Expectations report for August indicates that businesses expect 2.0% inflation for the year ahead, up from 1.8% last month.

July producer prices were unchanged overall, with the core rate up only 0.1%. On a year over year basis, the PPI is up 2.1%, and 1.2% for the core rate.

The MBA reports that mortgage apps continue to decline, down -4.7% last week, with purchases at -5.0% and re-fis at -4.0%.

~
Dale Franks
Google+ Profile
Twitter Feed

2 Responses to Economic Statistics for 14 Aug 13

  • I never went into a room full of capitalists where they didn’t conspire to fix prices! adam smith wealth of nations. in the late 1930 the evil communist rosenfeld prosecuted the head of the new york stock exchange for just borrowing money from wall streets widows and orphans fund to buy polo ponies and he just forgot to pay it back. an honest mistake.