MBA Mortgage Applications (week ended 10/30/2015) – Purchase Index Week/Week -1.0%. Previous weeks were -3.0%, +16.0%, -34.0%, +27.0%, -6.0%, +9.0%, -4.0%, -1.0%, +4.0%, +2.0%, -1.0%, -4.0%, and +3.0%. – Refinance Index Week/Week -1.0%. Previous weeks were -4.0%, +9.0%, -23.0%, +24.0%, -8.0%, +18.0%, -9.0%, -10.0%, +17.0%, -1.0%, +7.0%, and +3.0%. – Composite Index Week/Week -0.8%. Previous
November 2015
Redbook Chain Store Sales (week ended 10/31/2015) – Store Sales year/year +1.9%. Previous was +1.5%. This make 4 consecutive weeks of improvement. Factory Orders (September 2015) – Factory Orders month/month -1.0%. Previous was revised down to -2.1%. Durable Goods and Factory Orders have been hit hard lately. Causes are a stronger US$ and slower
PMI Manufacturing Index (October 2015) – Level 54.1. Previous was 53.1. ISM Manufacturing Index (October 2015) -Index 50.1. Previous was 50.2 Taking a look at the two manufacturing indices let’s call manufacturing flat for October. Construction Spending (September 2015) – Construction Spending (seasonally adjusted) month/month +0.6%. Previous was +0.7% – Construction Spending