The following statistics were released today on the state of the US economy:

The MBA reports Purchase Applications rose 3.3% last week.  Sadly, re-fis dropped -4.6%, so overall mortgage applications fell -2.7%

Durable goods orders rose 2.2% in February, which is up 12.2% from February, 2011. Ex-transportation, orders rose 1.6% for the month, 8.5% from last year.

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Dale Franks
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