Economic Statistics for 4 Mar 15
The MBA reports that mortgage applications rose 0.1% last week, with purchases down -0.2% and refis up 1.0%.
ADP’s employment report estimates that 212,000 new private-payroll jobs were created in February.
Gallup’s U.S. Job Creation Index rose 1 point in February, to 29.
The US Services Purchasing Managers’ Index rose 2.9 points to 57.1 in February.
The ISM’s non-manufacturing index rose 0.2 points, little changed at 56.9.
The Fed’s Beige Book describes current economic expansion as “moderate.” Inflation is seen as flat. Consumer spending is up most Districts.