Free Markets, Free People

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.

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