Free Markets, Free People

Economic Statistics for 13 Jan 15

The MBA reports that mortgage applications rose 21.3% last week, with purchases up 18% and refis up 24%.

The Atlanta Fed reports that Business Inflation Expectations fell to 1.8% for January.

The Fed’s Beige Book reports that consumer spending growth is only slight to moderate, while price pressures are minimal.

The US government budget deficit for December was $-14.4 billion. For the FY to date, the deficit is up 22% at $-215.6 billion.


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