May 4, 2022

MBA Mortgage Applications (week ended 4/29/2022)

- Purchase Index week/week 4.1%. Previous weeks were -8% , -3.0%, +1.0%, -3.0%., +1.0%, -2.0%, 1.0%, +9.0%, -2.0%, -10.0%, -1.0%, -10.0%, +4.0%, -2.0%, 8.0%, 2.0%, -4.0% and -3.3%

- Refinance Index week/week 0.2%.  Previous weeks  were  -9%, -8%, -5.0%, -10.0%., -15.0%, -14.0%, -3.0%, +9.0%, +1.0%, -16.0%, -9.0%, -7.0%,  +18.0%, -13.0%, -3.0%, -0.1%, -2.0%, and +2.2%

- Composite Index week/week 2.5%.  Previous weeks were  -8.3%, -5.0%, -1.3%, -6.3%., -6.8%, -14.0%, -1.2%, 8.5%, -0.7%, -13.1%, -5.4%, -8.1%, +4.0%, -7.1%, 2.3%, +1.4%, 2.7%, and -0.6%

Source:  MBA, Details:  https://www.mba.org/news-and-research/newsroom/news/2022/05/04/mortgage-applications-increase-in-latest-mba-weekly-survey

 

ADP Private Jobs  (April 2022)

- Private Jobs +247,000. Previous was +479,000

Source: ADP   Details:  https://adpemploymentreport.com/2022/April/NER/NER-April-2022.aspx

 

Trade Deficit  (March 2022)

- Deficit $109.8 billion.  Previous was $89.8 billion.

This is a component of 1stQ GDP.

Source:  BEA  Details:  https://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services

 

PMI Composite Final  (April 2022)

- Composite  56.0. 

- Services      55.6.

Source:  Markit Economics