Private Jobs up but less than Expectation.
MBA Mortgage Applications (week ended 8/28/2015)
– Purchase Index Week/Week +4.0%. Previous weeks were +2.0%, -1.0%, -4.0%, +3.0%, +0.8%, -0.1%, +1.0%, -8.0%, +7.0%, -4.0%, +1.0%. -4.0%, +10.0%, and -3.0%.
– Refinance Index Week/Week +17.0%. Previous weeks were -1.0%, +7.0%, +3.0%, +6.0%, +2.0%, -1.0%, +4.0%, +3.0%, -5.0%, +2.0%, -7.0%, and +7.0%.
– Composite Index Week/Week 11.3%. Previous weeks were +0.2%, +3.6%, -0.1%, +0.8%, -1.9%, +4.6%, -4.7%, +1.6%, -5.5%, +8.4%, -7.6%, and -1.6%.
ADP Private Jobs (August 2015)
– ADP Private Jobs +190,000. Previous was +177,000
Productivity and Costs (2ndQ2015)
– Nonfarm productivity quarter/quarter seasonally adjusted, annualized +3.3%. Previous was +1.3%
– Unit labor costs quarter/quarter seasonally adjusted, annualized -1.4%. Previous was +0.5%.
Factory Orders (July 2015)
– Factory Orders month/month +0.4%. Previous was +2.2%.