Positions Eliminated
Mike: Wednesday is a quieter economic report day, but the MBA Purchase Applications report follows yesterday’s Housing Starts report, which showed some improvement from April’s record low. Unfortunately, the MBA Purchase Applications report wasn’t the follow-through that many had expected. Purchase and refinance applications both fell as the U.S. mortgage applications plunge to near seven-month low report shows. […]
Mike: Plenty of reports dot the economic landscape this Tuesday. My guess is that the Housing Starts report will garner the most attention from both the green shoot and yellow weed crowds. The Producer Price Index and Industrial Production are also going to show the direction of the economy. I had to look around for a housing starts […]
Mike: I hope your weekend was a good one and welcome to The Layoff List. Monday brought us the following job related economic reports: Housing Market Index, which showed further weakness with an “unexpected” decline of 15 from May’s 16, and Empire State Mfg Survey, which came in at -9.41 and that was a worse reading than the […]