Free Markets, Free People

Economic Statistics for 30 Sep 15

The MBA reports that mortgage applications fell -6.7% last week, with purchases down -6.0% and refis down -8.0%.

ADP reports an estimate of 200,000 net new private-sector jobs for September.

The Chicago PMI dropped -5.7 points to 48.7. A reading below 50 indicates a contraction. This is a volatile indicator, however, it is often seen as a predictor of the national PMI, which is due out tomorrow.


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