Economic Statistics for 29 May 13
Here are today’s statistics on the state of the economy:
The MBA reports mortgage applications fell by -8.8%. Purchases rose 3.0%, but re-fis fell -12.0%.
In weekly retail sales, Redbook reports a slightly better 2.7% year-over-year sales growth rate. ICSC-Goldman’s sales report is bumpy, with a weak -0.9% sales drop for the week, but a better 2.8% annual rate.