Tag Archive for Survey Data

Deconstructing The “Massive Beat” in Employment Data- Corrected

Editor’s Note: The earlier version of this article included unadjusted numbers derived from a spreadsheet error. The error resulted in the not seasonally adjusted month to month employment declines being understated. The data has been corrected. The analysis and conclusions are unaffected. Thanks to rdkyote for bringing this to my attention! The headlines are blaring…

Mortgage Bankers Association Orders Wall Street Examiner to Cease And Desist

The Mortgage Bankers Association has sent me legal notice to “demand that wallstreetexaminer.com immediately remove all WAS data (Weekly Applications Survey) data, from its systems and cease and desist from further reproduction or distribution of all MBA data, past and present, in any format.” Regrettably, I must comply with this demand. I am not in…

Housing Starts Suggest Inventory Build- Professional Edition

Mortgage applications turned lower this week after a counter trend move in most of October and November. The data shows no sign of a reversal of the downtrend in purchase applications. December homebuilder survey data released today also shows no movement off rock bottom levels. Likewise for November housing starts, although the media, as usual,…