Free Markets, Free People

Economic Statistics for 4 Feb 15

The MBA reports that mortgage applications rose 1.3% last week, with purchases down -2.0%, but refis up 3.0%.

ADP sees slowing job growth with a lower-than-expected 213,000 private payroll jobs added in January.

Gallup’s U.S. Job Creation Index rose 1 point to 28 for January. 

The Markit PMI services index for January rose 0.9 points to 54.2.

The ISM non-manufacturing index rose 0.5 points to 56.7 in January.

J.P. Morgan’s Global Composite PMI rose 0.5 points to 52.8, while the Global Services PMI rose 0.6 points to 52.9 in January.

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