The MBA reports that mortgage applications fell -6.7% last week, with purchases down -6.0% and refis down -8.0%.
ADP reports an estimate of 200,000 net new private-sector jobs for September.
The Chicago PMI dropped -5.7 points to 48.7. A reading below 50 indicates a contraction. This is a volatile indicator, however, it is often seen as a predictor of the national PMI, which is due out tomorrow.
Redbook reports that last week’s retail sales were unchanged from the previous week at a poor 0.9% on a year-ago basis.
The S&P Case-Shiller Home Price Index fell -0.2% in July, but is still up 5.0% on a year-over-year basis.
The Conference Board’s Consumer Confidence index for September rose 1.5 points to 103.0.
The State Street Investor Confidence Index rose 7.9 points in September, to a strong 116.6.
Personal income rose 0.3% in August, while spending rose 0.4%. The PCE Price index was unchanged overall, but up 0.1% at the core.
The Pending Home Sales Index fell a disappointing -1.4% in August, to 109.4.
The Dallas Fed Manufacturing survey rose 6.3 points, but remains deeply negative, along with all the other Fed indicators, at -9.5.
The final revision to 2nd Quarter GDP came in with an increase to 3.9% annualized, while the GDP Price index was unchanged at 2.1%.
Corporate profits in the second quarter came in at a revised $1.845 trillion, up a year-on-year 8.5%.
The PMI Service flash for September rose 0.4 points to 55.6.
The University of Michigan’s Consumer Sentiment Index jumped 1.5 points in September to 87.2.
Durable Goods orders fell 0-.2% in August, while ex-transportation orders were unchanged. Core capital goods orders also fell -0.2%. On a year-over-year basis, Durable goods orders are down -2.3%, ex-trasportation orders are down -3.9%, and core capital goods are up 0.8%.
The Chicago Fed National Activity Index joins other Fed indexes in moving to negative territory, falling from 0.34 to -0.41 in August.
The Kansas City Fed Manufacturing Index rose just 1 point to -8 in September.
New home sales hit a surprising annual rate of 552,000, the highest since February, 2008. Supply to sales dropped to 4.7 months.
Initial weekly jobless claims rose 3,000 to 267,000. The 4-week average fell 750 to 271,750. Continuing claims fell 25,000 to 2.242 million.
The Bloomberg Consumer Comfort Index rose 1.7 points to 41.9 in the latest week.
The Fed’s balance sheet rose $9.7 billion last week, with total assets of $4.498 trillion. Reserve bank credit rose $10.9 billion.
The Fed reports that M2 money supply rose by $36.7 billion in the latest week.
Redbook reports that last week’s retail sales plunged to 0.9% on a year-ago basis, from the previous week’s already-soft 1.7%.
The FHFA House Price Index rose 0.6% in July, with year-on-year growth of 5.8%.
The Richmond Fed Manufacturing Index joined other Fed manufacturing indexes in going negative, falling to -5 in September.
Existing home sales unexpectedly fell -4.8% in August, to a 5.31 million annual rate, On a year-over-year basis, sales are up 6.2%.
The Atlanta Fed Business Inflation Expectations fell -0.1% to a 12-month inflation expectation of 1.7% in September.
Housing Starts fell -0.3% in August to a 1.126 million annual rate, while permits rose 3.5% to a 1.170 million annual rate.
The nation’s current account deficit for the 2nd Quarter of 2015 was $109.7 billion vs a revised $118.3 billion in the first quarter.
The Philadelphia Fed Business Outlook Survey joined the Empire State survey in negative territory, falling from 8.3 to -6.0 in August.
The Federal Open Markets Committee left interest rates unchanged today, with a Fed Funds target rate of 0% to 0.25%.
The FOMC’s economic predictions for the US economy foresee substandard annual GDP growth of 2.0% to 2.6% for the next three years.
Initial weekly jobless claims fell 11,000 to 264,000. The 4-week average fell 3,250 to 272,500. Continuing claims fell 26,000 to 2.237 million.
The Bloomberg Consumer Comfort Index fell -1.2 points to 40.2 in the latest week.
The Fed’s balance sheet rose $9.6 billion last week, with total assets of $4.488 trillion. Reserve bank credit rose $6.6 billion.
The Fed reports that M2 money supply rose by $1.3 billion in the latest week.