Economic Statistics for 24 Jul 13
Here are today’s statistics on the state of the economy:
The MBA reports that mortgage applications fell -1.2% last week, with purchases down -2.0% and re-fis up 1.0%.
Markit’s PMI Manufacturing Index Flash rose a full point to 53.2 in July.
New Home Sales proceeded at a 497,000 annual rate in June, with a very tight availability of only 3.9 months at the current sales rate.