GDP and Housing

Key economic data for the Forth week of December 2009 starting December 21th, 2009.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
12/22/09 8:30 AM	GDP - Third Estimate	Q3	2.8%	2.8%
12/22/09 8:30 AM	GDP Prices - Third Estimate	Q3	0.5%	0.5%
12/22/09 10:00 AM	Existing Home Sales	Nov	6.25M	6.10M
12/23/09 8:30 AM	Personal Income	Nov	0.5%	0.2%
12/23/09 8:30 AM	Personal Spending	Nov	0.7%	0.7%
12/23/09 8:30 AM	PCE Prices	Nov	1.6%	0.2%
12/23/09 8:30 AM	PCE Prices - Core	Nov	0.1%	0.2%
12/23/09 9:55 AM	Mich Sentiment-Rev	Dec	73.7	73.4
12/23/09 10:00 AM	New Home Sales	Nov	439K	430K
12/23/09 10:30 AM	Crude Inventories	12/18	NA	-3.69M
12/24/09 8:30 AM	Initial Claims	12/19	470K	480K
12/24/09 8:30 AM	Continuing Claims	12/12	5175K	5186K
12/24/09 8:30 AM	Durable Goods Orders	Nov	0.5%	-0.6%
12/24/09 8:30 AM	Durable Goods Orders ex Auto	Nov	1.0%	-1.3%

PPI and CPI

Key economic data for the Third week of December 2009 starting December 14th, 2009. Next Friday is "Triple Witching Day" - on that day December's options, index options and futures will expire.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
12/15/09 8:30 AM	Core PPI	Nov	0.2%	-0.6%
12/15/09 8:30 AM	PPI	Nov	0.8%	0.3%
12/15/09 8:30 AM	Empire Manufacturing	Dec	24.00	23.51
12/15/09 9:00 AM	Net Long-term TIC Flows	Oct	$42.3B	$40.7B
12/15/09 9:15 AM	Capacity Utilization	Nov	71.1%	70.7%
12/15/09 9:15 AM	Industrial Production	Nov	0.5%	0.1%
12/16/09 2:15 PM	FOMC Rate Decision	Dec 16	0.25%	0.25%
12/16/09 8:30 AM	Building Permits	Nov	570K	552K
12/16/09 8:30 AM	Housing Starts	Nov	578K	529K
12/16/09 8:30 AM	CPI	Nov	0.4%	0.2%
12/16/09 8:30 AM	Core CPI	Nov	0.1%	0.3%
12/16/09 10:30 AM	Crude Inventories	12/11	NA	-3.82M
12/17/09 8:30 AM	Initial Claims	12/12	465K	474K
12/17/09 8:30 AM	Continuing Claims	12/5	5170K	5157K
12/17/09 10:00 AM	Leading Indicators	Nov	0.7%	0.3%
12/17/09 10:00 AM	Philadelphia Fed	Dec	16.0	16.7

Treasury Budget and Retail Sales

Key economic data for the Second week of December 2009 starting August 17th, 2009.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
12/07/09 2:00 PM	Consumer Credit	Oct	-$9.3B	-$14.8B
12/09/09 10:00 AM	Wholesale Inventories	Oct	-0.6%	-0.9%
12/09/09 10:30 AM	Crude Inventories	12/04	NA	2.09M
12/10/09 2:00 PM	Treasury Budget	Nov	-$135.0B	-$176.4B
12/10/09 8:30 AM	Initial Claims	12/05	NA	NA
12/10/09 8:30 AM	Continuing Claims	12/04	NA	NA
12/10/09 8:30 AM	Trade Balance	Oct	-$37.1B	-$36.5B
12/11/09 8:30 AM	Export Prices ex-ag.	Nov	NA	0.3%
12/11/09 8:30 AM	Import Prices ex-oil	Nov	NA	0.4%
12/11/09 8:30 AM	Retail Sales	Nov	0.5%	1.4%
12/11/09 8:30 AM	Retail Sales ex-auto	Nov	0.5%	0.2%
12/11/09 9:55 AM	Mich Sentiment-Prel	Dec	68.5	67.4
12/11/09 10:00 AM	Business Inventories	Oct	-0.2%	-0.4%

Fed Beige Book

Key economic data for the first week of December 2009 starting November 30th, 2009.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
11/30/09 9:45 AM	Chicago PMI	Nov	53.0	54.2
12/01/09 2:00 PM	Auto Sales	Nov	NA	NA
12/01/09 2:00 PM	Truck Sales	Nov	NA	NA
12/01/09 10:00 AM	Construction Spending	Oct	-0.4%	0.8%
12/01/09 10:00 AM	ISM Index	Nov	54.8	55.7
12/01/09 10:00 AM	Pending Home Sales	Oct	-0.5%	6.1%
12/02/09 2:00 PM	Fed Beige Book	Nov
12/02/09 7:30 AM	Challenger Job Cuts	Nov	NA	-50.7%
12/02/09 8:15 AM	ADP Employment Report	Nov	-148K	-203K
12/02/09 10:30 AM	Crude Inventories	11/27	NA	1.02M
12/03/09 8:30 AM	Initial Claims	11/28	483K	466K
12/03/09 8:30 AM	Continuing Claims	11/21	5517K	5423K
12/03/09 8:30 AM	Productivity-Rev.	Q3	8.5%	9.5%
12/03/09 8:30 AM	Employment Cost Index	Q3	NA	0.4%
12/03/09 10:00 AM	ISM Services	Nov	51.5	50.6
12/04/09 8:30 AM	Nonfarm Payrolls	Nov	-114K	-190K
12/04/09 8:30 AM	Unemployment Rate	Nov	10.2%	10.2%
12/04/09 8:30 AM	Average Workweek	Nov	33.1	33.0
12/04/09 8:30 AM	Hourly Earnings	Nov	0.2%	0.3%
12/04/09 10:00 AM	Factory Orders	Oct	0.1%	0.9%