Free Markets, Free People


Economic Statistics for 30 Oct 13

The MBA reports that a dip in rates caused mortgage applications to rise 6.4% last week, with purchases up 2.0% and re-fis 9.0%.

ADP reports a smaller-than-expected rise in private payroll growth, at 130,000 in October, a disappointing number.

The Treasury reported a big $75.1 billion surplus in the month of September. This points to a substantially lower 2013 deficit.

The CPI rose 0.2% in September, with the core rate up 0.1%. On a year-over-year basis, consumer prices are up 1.2% overall, and up 1.7% ex-food and -energy.


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