Archive for April 3rd, 2013
Economic reports (wed 20130403) – MBA Purchase Applications, ADP Employment Report, ISM Non-Mfg Index
Posted by stubbybrown in Economic Reports on 2013/04/03
MBA Purchase Applications: Released On 4/3/2013 7:00:00 AM For wk3/29, 2013
- Highlights – A scheduled hike in FHA premiums on April 1 increased demand for government loans and gave a boost to purchase applications in the March 29 week, according to the Mortgage Bankers Association … <click link to read more>
- Composite Index – W/W Change, Prior 7.7%, Actual 4.0 %
- Purchase Index – W/W Change, Prior 7.0%, Actual % -1.0 %
- Refinance Index – W/W Change, Prior 8.0%, Actual -6.0 %

ADP Employment Report: Released On 4/3/2013 8:15:00 AM For Mar, 2013
- Highlights – ADP data are strongly signaling weakness for Friday’s employment report. Private payrolls by ADP’s count rose only 158,000 in March which is far below ADP’s 237,000 count for February (revised)
- Prior 198,000
- Prior Revised 237,000
- Consensus 205,000
- Consensus Range 170,000 to 240,000
- Actual 158,000

- Note – all credits to bloomberg.econoday.com
ISM Non-Mfg Index: Released On 4/3/2013 10:00:00 AM For Mar, 2013
- Highlights – Employment is the weak link in March’s non-manufacturing from the ISM whose headline composite index fell 1.6 points to a 54.4 level that indicates the slowest rate of monthly growth since July last year … <click link to read more>
- Prior 56.0
- Consensus 56.0
- Consensus Range 54.0 to 56.5
- Actual 54.4

- Note – all credits to bloomberg.econoday.com