Economic Statistics for 5 Aug 15
The MBA reports that mortgage applications rose 4.7% last week, with purchases up 3.0% and refis up 6.0%.
ADP estimates that only 185,000 net new private sector jobs were created in July.
Rising imports in June led the US trade deficit to rise to a higher-than-expected $-43.8 billion for the month.
Gallup’s US Job Creation Index remained unchanged at 32 in July.
The ISM Non-Manufacturing Index surged 4.3 points to a surprising 60.3 in July.
The PMI Services Index rose 0.9 points in July to 55.7.