Archive for April 3rd, 2013

Economic reports (wed 20130403) – MBA Purchase Applications, ADP Employment Report, ISM Non-Mfg Index

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 %
  • MBA Purchase Applications_20130403

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
  • ADP Employment Report_20130403
  • 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
  • ISM Non-Mfg Index_20130403
  • Note – all credits to bloomberg.econoday.com

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