Free Markets, Free People

Economic Statistics for 24 Dec 14

The MBA reports that mortgage applications rose 0.9% last week, with purchases and refis both up 1.0%.

Initial weekly jobless claims fell 9,000 to 280,000. The 4-week average fell 8,500 to 290,250. Continuing claims  rose 25,000 to 2.403 million.

The Bloomberg Consumer Comfort Index rose 1.4 points to 43.1 in the latest week, the highest reading since October, 2007.


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One Response to Economic Statistics for 24 Dec 14

  • Among the top 100 individual donors to political groups, more than half gave primarily to Democrats or their allies. Among groups that funneled more than $100,000 to allies, the top of the list tilted overwhelmingly toward Democrats — a group favoring the GOP doesn’t appear on the list until No. 14.

    The two biggest super PACs of 2014? Senate Majority PAC and House Majority PAC — both backing Democrats.

    In all, the top 10 individual donors to outside groups injected almost $128 million into this year’s elections. Democratic-leaning groups collected $91 million of it.

    Among the 183 groups that wrote checks of $100,000 or more to another group, Democrats had a 3-to-1 cash advantage. The biggest player was the National Education Association, at $22 million. Not a single Republican-leaning group cracked the top 10 list of those transferring money to others.

    Overall, for the campaign season that just ended, donors who gave more than $1 million sent roughly 60 cents of every dollar to liberal groups. Among the 10 biggest donors, Democrats outspent Republicans by an almost 3-to-1 margin.