Free Markets, Free People

Economic Statistics for 3 Aug 16

The PMI Services Index was unchanged in July at 51.4. while the ISM Non-Manufacturing Index fell -1.0 points to 55.5.

ADP estimates that 179,000 new private sector jobs were created in July.

Gallup’s U.S. Job Creation Index was unchanged at 33 in July.

The MBA reports that mortgage applications fell -3.5% last week, with purchases down -2.0% and refis -4.0%.

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