Employment and Uneployment

Key economic data for the First week of January 2010 starting January 4th, 2010.

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
01/04/10 10:00 AM	Construction Spending	Nov	-0.5%	0.0%
01/04/10 10:00 AM	ISM Index	Dec	54.0	53.6
01/05/10 2:00 PM	Auto Sales	Dec	NA	3.8M
01/05/10 2:00 PM	Truck Sales	Dec	NA	4.6M
01/05/10 10:00 AM	Factory Orders	Nov	0.5%	0.6%
01/05/10 10:00 AM	Pending Home Sales	Nov	-3.0%	3.7%
01/06/10 7:30 AM	Challenger Job Cuts	Dec	NA	-72.3%
01/06/10 8:15 AM	ADP Employment Report	Dec	-75K	-169K
01/06/10 10:00 AM	ISM Services	Dec	50.5	48.7
01/06/10 10:30 AM	Crude Inventories	12/31	NA	-1.54M
01/07/10 8:30 AM	Initial Claims	01/02	445K	432K
01/07/10 8:30 AM	Continuing Claims	12/26	5040K	4981K
01/08/10 3:00 PM	Consumer Credit	Nov	-$5.0B	-$3.5B
01/08/10 8:30 AM	Average Workweek	Dec	33.2	33.2
01/08/10 8:30 AM	Hourly Earnings	Dec	0.2%	0.1%
01/08/10 8:30 AM	Nonfarm Payrolls	Dec	0K	-11K
01/08/10 8:30 AM	Unemployment Rate	Dec	10.1%	10.0%
01/08/10 10:00 AM	Wholesale Inventories	Nov	-0.3%	0.3%

Last week of 2009

Key economic data for the last week of December 2009 starting December 28th, 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
12/29/09 9:00 AM	CaseShiller 20 City	Oct	-7.30%	-9.36%
12/29/09 10:00 AM	Consumer Confidence	Dec	53.0	49.5
12/30/09 9:45 AM	Chicago PMI	Dec	55.1	56.1
12/30/09 10:30 AM	Crude Inventories	12/25	NA	-4.84M
12/31/09 8:30 AM	Initial Claims	12/26	465K	452K
12/31/09 8:30 AM	Continuing Claims	12/19	NA	5076K

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%

Economic Calendar - November IV

Key economic data for the last week of November 2009 starting November 23th, 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
11/23/09 10:00 AM	Existing Home Sales	Oct	5.70M	5.57M
11/24/09 8:30 AM	GDP - Preliminary	Q3	2.9%	3.5%
11/24/09 8:30 AM	GDP Deflator - Preliminary	Q3	0.8%	0.8%
11/24/09 9:00 AM	Case Shiller 20 City Index	Sep	-9.05%	-11.32%
11/24/09 9:00 AM	Consumer Confidence	Nov	47.5	47.7
11/24/09 10:00 AM	FHFA Home Price Index	Sep	0.1%	-0.3%
11/25/09 8:30 AM	Personal Income	Oct	0.2%	0.0%
11/25/09 8:30 AM	Personal Spending	Oct	0.5%	-0.5%
11/25/09 8:30 AM	PCE Prices	Oct	0.1%	-0.5%
11/25/09 8:30 AM	PCE Prices - Core	Oct	0.1%	0.1%
11/25/09 8:30 AM	Initial Claims	11/21	500K	505K
11/25/09 8:30 AM	Continuing Claims	11/14	5560K	5611K
11/25/09 8:30 AM	Durable Orders	Oct	0.5%	1.0%
11/25/09 8:30 AM	Durable Orders ex Transportation	Oct	0.7%	0.9%
11/25/09 9:55 AM	Mich Sentiment-Rev	Nov	67.0	66.0
11/25/09 10:00 AM	New Home Sales	Oct	405K	402K
11/25/09 10:30 AM	Crude Inventories	11/20	NA	-0.887K

Economic Calendar - November III

Key economic data for the Third week of November 2009 starting November 16th, 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
11/16/09 8:30 AM	Retail Sales	Oct	0.9%	-1.5%
11/16/09 8:30 AM	Retail Sales ex-auto	Oct	0.4%	0.5%
11/16/09 8:30 AM	Empire Manufacturing	Nov	30.00	34.57
11/16/09 10:00 AM	Business Inventories	Sep	-0.7%	-1.5%
11/17/09 8:30 AM	Core PPI	Oct	0.1%	-0.1%
11/17/09 8:30 AM	PPI	Oct	0.5%	-0.6%
11/17/09 9:00 AM	Net Long-term TIC Flows	Sep	$35.0B	$28.6B
11/17/09 9:15 AM	Capacity Utilization	Oct	70.8%	70.5%
11/17/09 9:15 AM	Industrial Production	Oct	0.4%	0.7%
11/18/09 8:30 AM	Housing Starts	Oct	600K	590K
11/18/09 8:30 AM	Building Permits	Oct	580K	573K
11/18/09 8:30 AM	CPI	Oct	0.2%	0.2%
11/18/09 8:30 AM	Core CPI	Oct	0.1%	0.2%
11/18/09 10:30 AM	Crude Inventories	11/13	NA	1.76M
11/19/09 8:30 AM	Initial Claims	11/14	504K	502K
11/19/09 8:30 AM	Continuing Claims	11/13	5600K	5631K
11/19/09 10:00 AM	Leading Indicators	Oct	0.4%	1.0%
11/19/09 10:00 AM	Philadelphia Fed	Nov	12.0	11.5

Economic Calendar - November II

Key economic data for the Second week of November 2009 starting November 9th, 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
11/12/09 2:00 PM	Treasury Budget	Oct	-$150.0B	-$155.5B
11/12/09 8:30 AM	Initial Claims	11/07	NA	NA
11/12/09 8:30 AM	Continuing Claims	10/31	NA	NA
11/12/09 11:00 AM	Crude Inventories	11/06	NA	-3.94M
11/13/09 8:30 AM	Export Prices ex-ag.	Oct	NA	NA
11/13/09 8:30 AM	Import Prices ex-oil	Oct	NA	NA
11/13/09 8:30 AM	Trade Balance	Sep	-$31.9B	-$30.7B
11/13/09 9:55 AM	Mich Sentiment-Prel	Nov	71.8	70.6

Economic Calendar - November I

Key economic data for the First week of November 2009 starting November 2nd, 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
11/02/09 10:00 AM	Construction Spending	Sep	-0.2%	0.8%
11/02/09 10:00 AM	ISM Index	Oct	53.0	52.6
11/02/09 10:00 AM	Pending Home Sales	Sep	-0.1%	6.4%
11/03/09 2:00 PM	Auto Sales	Oct	NA	NA
11/03/09 2:00 PM	Truck Sales	Oct	NA	NA
11/03/09 10:00 AM	Factory Orders	Sep	0.9%	-0.8%
11/04/09 2:15 PM	FOMC Rate Decision	11/4	0.25%	0.25%
11/04/09 7:30 AM	Challenger Job Cuts	Oct	NA	-30.2%
11/04/09 8:15 AM	ADP Employment Report	Oct	-190K	-254K
11/04/09 10:00 AM	ISM Services	Oct	51.5	50.9
11/04/09 10:30 AM	Crude Inventories	10/30	NA	0.78M
11/05/09 8:30 AM	Productivity-Prel	Q3	6.5%	6.6%
11/05/09 8:30 AM	Initial Claims	10/31	520K	530K
11/05/09 8:30 AM	Continuing Claims	10/24	5750K	5797K
11/06/09 2:00 PM	Consumer Credit	Sep	-$10.3B	-$12.0B
11/06/09 8:30 AM	Nonfarm Payrolls	Oct	-175K	-263K
11/06/09 8:30 AM	Unemployment Rate	Oct	9.9%	9.8%
11/06/09 8:30 AM	Average Workweek	Oct	33.1	33.0
11/06/09 8:30 AM	Hourly Earnings	Oct	0.1%	0.1%
11/06/09 10:00 AM	Wholesale Inventories	Sep	-1.0%	-1.3%