- Due to government shutdown, there were only a few data releases.
- The advance figure for initial claims for unemployment insurance decreased 15 thousand to 358 thousand in the week ending October 12th.
- The results of Freddie Mac’s Primary Mortgage Market Survey of October 17th showed average fixed mortgage rates edging higher. The 30-year fixed mortgage rate averaged 4.28% for the week ending October 17, up from last week when it averaged 4.23%.
- Mortgage applications increased 0.3% from a week earlier, according to data from Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 11th.
- The October 2013 Empire State Manufacturing Survey indicated that business conditions held steady for New York manufacturers.
- The Philadelphia FED business outlook survey for October reported increased manufacturing activity.
- The FED’s “Beige Book” indicated that overall economic activity continued to expand at a modest to moderate pace during the reporting period of September through early October.
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