THE BASIS POINT

Flat Fundamentals.

 

PMI Services Flash (October 2014)

– Index Level  57.3. Previous was 58.0.

Any value above 50 represents growth.

 

Pending Home Sales Index (September 2014)

– Pending Home Sales Index  105.0. Previous was 104.7

This represents existing homes in contract for sale.

 

Dallas Federal Reserve Manufacturing Survey (October 2014)

– Business Activity Index  10.5. Previous was 10.8
– Production Index   13.7. Previous was 17.6.

 

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