Home Builders Remain Confident.

Empire State Manufacturing Survey

– General Business Conditions Index level -4.21. Previous was 0.55

This is a metric of manufacturing in New York State. While New York in no longer a major state for manufacturing this metric from the New York Fed starts a series of regional Fed
Manufacturing Indices.

Housing Market Index (August 2016)

– Housing Market Index 60. Previous was 59.

This index is produced by The National Association of Home Builders from surveys of home builders. Builders are rather confident despite flat to slowing Mortgage Applications.