Free Markets, Free People

Economic Statistics for 28 Sep 16

Durable goods orders were unchanged in August, with ex-transportation orders down -0.4%, but core capital goods orders up 0.6%. On a year-over-year basis, durables orders are down -1.3% from a year ago, with ex-transportation orders down -1.1% and core capital goods orders down -3.1%.

The MBA reports that mortgage applications fell -0.7% last week, with purchases up 1.0%, but refis down -2.9%.

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