Market Weekly: Jan 1 Jan 5 2018

#14269
Assistanc3
Participant

November Construction Spending: +0.8% M/M vs. +0.6% consensus, +0.9% prior (revised).
Construction spending rose 2.4% Y/Y.
Public construction grew 0.2% during the month, while private construction up 1%.

ISM Manufacturing Index: 59.7 vs. 58.1 consensus and 58.2 prior.
Employment 57.0 vs. 59.7 prior.
Prices 69.0 vs. 65.5
New Orders 69.4 vs. 64.0
Production 65.8 vs. 63.9

Redbook Chain Store Sales: +5.0% Y/Y vs. +5.7% last week.
Month-to-date chain store sales +4.3% Y/Y.

MBA Mortgage Applications
Composite Index: -2.8% vs. -4.9% last week.
Purchase Index: +1.0% vs. -6.0%.
Refinance Index: -7.0% vs. -3.0%
30 year mortgage rate at 4.25% vs. 4.16%.