FNMA Serious Delinquencies at Lowest Level since 12/2008.
PMI Manufacturing Index (August 2013)
– Index Level 53.1. Previous was 53.7.
ISM Manufacturing Index (August 2013)
– Index Level 55.7. Previous was 55.4.
This index is at its best level since April 2011.
Construction Spending (July 2013)
– Construction Spending Month/Month +0.6%. Previous was unchanged revised upward from -0.6%.
– Construction Spending Year/Year +5.2%. Previous was +3.3%.
FNMA Delinquencies
The FNMA SFR Serious Delinquency rate declined in July to 2.70% from 2.77% in June. The serious delinquency rate is down from 3.50% in July 2012. This is the lowest level since December 2008.