Wednesday: Durable Goods

Wednesday: • At 7:00 AM ET, the Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index . • At 8:30 AM, Durable Goods Orders for July from the Census Bureau. The consensus is for a 0.4% decrease in durable goods orders. This is a leading indicator for industry production, from the ACC: Chemical Activity Barometer Follows Global Markets Downward The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), dropped 0.3 percent in August, a marked deceleration of activity from second quarter......(read more)

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