News in end use


Mortgage Applications Decrease -2.5% in the Week Ending March 19, 2021

According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending March 19, 2021, the Market Composite Index — a measure of mortgage loan application volume — decreased -2.5% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased -2% compared with the previous week.

Canadian Employment Loses 108,000 Jobs Between January and February 2021

According to the ADP® February 2021 Canada National Employment Report, which is produced by the ADP Research Institute®, employment in Canada decreased by 108,000 jobs from January to February. The report, which is derived from actual ADP payroll data, measures the change in total nonfarm payroll employment each month on a seasonally adjusted basis.

Weekly Jobless Claims Increase in the Week Ending March 13, 2021

The U.S. Department of Labor is reporting that an additional 770,000 Americans made their initial filing for unemployment benefits during the week ending on Saturday March 13, 2021 — an increase of 45,000 from the previous week’s revised level. The 4-week moving average was 746,250, a decrease of 16,000 from the previous week’s revised average.

The Conference Board’s Leading Economic Index® Increases in February

The Conference Board, which was founded in 1916 as a non-partisan, not-for-profit think tank, released today (3-18-22) their February 2021, Leading Economic Index® (LEI) for the U.S. According to the release, the LEI which is based on ten separate components increased 0.2% in February, following a 0.5% increase in January and a 0.4% increase in December.