Free Markets, Free People

Economic Statistics for 12 Nov 14

The MBA reports that mortgage applications fell -0.9% last week, with purchases up 1.0% but refis down -11%.

The Atlanta Fed Business Inflation Expectations nudged up 0.1% in October, with businesses expecting 2.0% inflation over the next year.

Wholesale inventories rose 0.3% in September, while a 0.2% rise in wholesale sales left the stock-to-sales ratio at 1.19.

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