Free Markets, Free People

Economic Statistics for 28 Oct 15

The MBA reports that mortgage applications fell -3.5% last week, with purchases down -3.0% and refis down -4.0%.

September’s deficit in international trade in goods declined to $-58.6 billion from August’s $-67.2 billion. Exports rose 3.1% and imports fell -2.5%.

The Federal Open Markets Committee left interest rates unchanged today, with a Fed Funds target rate of 0.0%-0.25%.

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One Response to Economic Statistics for 28 Oct 15

  • Gross domestic product drops to a 1.5 percent annual rate

    [if this had been during the Bush Administration, Wolf Blitzer would say] … how will this affect the President ?