Key Economic Indicators – May 13, 2013

  • Sales of merchant wholesalers in March were down 1.6%, while inventories were up 0.4%.
  • The advance figure for initial claims for unemployment insurance decreased 4 thousand to 323 thousand in the week ending May 4.
  • March consumer credit outstanding increased at an annual rate of 3.4% to $2,807.5 billion.
  • The results of Freddie Mac’s Primary Mortgage Market Survey showed average fixed mortgage rates reversing their recent trend and moving higher for the first time in six weeks.
  • Mortgage applications increased 7.0% from a week earlier, according to data from Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending May 3rd.

Leave a Reply

You must be logged in to post a comment.