Free Markets, Free People

Economic Statistics for 6 Aug 14

The US trade deficit narrowed for the second straight month, down $-44.1 billion, the May drop of $-44.7 billion. Imports declined -1.2%.

Gallup’s U.S. Job Creation Index for July rose 1 point to 28, the highest level in more than six years.

The MBA reports that mortgage applications rose 1.6% last week. Purchases were down -1.0% but re-fis rose 4.0%.

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