Economic Statistics for 9 Mar 14
The MBA reports that mortgage applications fell -1.6% last week. Purchases were up 3.0$% but re-fis fell 5.0%.
Wholesale inventories rose 0.5% in march, while a 0.7% rise in wholesale sales kept the stock-to-sales ratio at a chubby 1.19.
Yes, it has been a boring week for economic data.