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Economic Statistics for 25 Sep 13

The MBA reports that mortgage applications rose 5.5% last week, with purchases up 7.0% and re-fis 5.0%.

Durable goods orders in August edged up 0.1% after dropping a huge 8.1% in July. Ex-transportation orders fell -0.1%. On a year-over-year basis, orders rose 13.7% at the headline level, while ex-transportation orders rose 7.6%.

New home sales rose 7.9% in August on softer prices to an annual rate of 421,000.

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