August 17, 2022

MBA Mortgage Applications (week ended (8/12/2022)

- Purchase Index week/week  -0.8%. Previous weeks were -1.4%, 1.0%, -0.8%, -7.3%, 3.6%, -4.3%, +0.1% , +7.9%, 8.1%, 7.1%, -0.6%, +0.2%., -11.9%, +4.8%, 4.1%, -8% , -3.0%, and +1.0%.

- Refinance Index week/week -5.4%.  Previous weeks  were 3.5%, 1.5%, 3.7%, -4.3%, 2.2%, -7.7%, +1.9% , -3.1%, 3.7%, 5.6%,  -5.4%, -3.9%, +0.2%., -9.5%,  2.0%,  0.2%, -9%, and -8%.

- Composite Index week/week  -2.3%. Previous weeks were 0.https://www.census.gov/mtis/www/data/pdf/mtis_current.pdf2%, 1.2%, -1.8%, -6.3%, -1.7%, -5.4%, +0.7% , +4.2%, 6.6%,  -6.5%, -2.3%, -1.2% , -11.0%, +2.0%, 2.5%, -8.3%, -5.0%, and -1.3%.

Source:  MBA. https://www.mba.org/news-and-research/newsroom/news/2022/08/17/mortgage-applications-decrease-in-latest-mba-weekly-survey

 

Retail Sales  (July 2022)

- Retail Sales month/month  0.0%. Previous was 1.0%

- Ex-Vehicles month/month  0.4%. Previous was +0.9%

- Ex-Vehicles & Gas month/month  0.7%   Previous was 0.7%

Retail Sales is the largest component of 3rdQ 2022 GDP.  This data is seasonally adjusted but not inflation adjusted.

Source:  Census  Details:  https://www.dol.gov/ui/data.pdf

 

Business Inventories (June 2022)

- Inventories month/month  +1.4%. Previous was +1.6%.

This is a component of 2nd 2022 GDP.

Source:  Census   Details: https://www.census.gov/mtis/www/data/pdf/mtis_current.pdf