Economic Calendar: February 25-March 1

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, February 25 10 a.m. Existing Home Sales for January National Association of Realtors 6.04M 5.20M 5.20M 5.19M Tuesday, February 26 9 a.m. BTM-UBSW Weekly Chain Store Sales Index for the week ended February 23 Bank of Tokyo-Mitsubishi and UBS Warburg -0.4% n.a. +2.0% +2.0% 9 a.m. Redbook Retail Average for the month through February 23, vs. January LJR Redbook +0.6% n.a. +3.9% +3.9%* 10 a.m. Consumer Confidence Index for February Conference Board 94.1 98.0 97.8 97.3 Wednesday, February 27 7 a.m. Mortgage Applications Survey for the week ended February 22 -- Refinancing Index Mortgage Bankers Association 1921.6 n.a. 1927.9 1927.9 Purchase Index 315.9 n.a. 290.2 290.2 8:30 a.m. Durable goods orders for January Census Bureau +2.6% +1.0% +0.9% +1.7% Ex-transportation +1.3% n.a. +0.4% +1.4% 10 a.m. New home sales for January Census Bureau 823,000 925,000 966,000 946,000 10 a.m. Greenspan testimony Federal Reserve The Fed Chairman testifies before the House Banking Committee on the economy and monetary policy, an appearance formerly known as Humphrey-Hawkins . 1:30 p.m. Treasury auction Bureau of the Public Debt The Treasury announces the results of its monthly two-year note auction, with bids due at 1 p.m. 6:30 p.m. Consumer Comfort Index for the week ended February 23 Money Magazine and ABC News -7 n.a. -10 -10 Thursday, February 28 8:30 a.m. Initial Jobless Claims for the week ended February 23 Labor Department 378,000 n.a. 361,000 383,000 Four-week average 373,250 n.a. 376,250 381,750 8:30 a.m. Gross domestic product for fourth quarter -- preliminary Commerce Department +1.4% +0.3% see Actual +0.2% (Q4 - advance) -1.3% -1.3% (Q3) Implicit price deflator -0.2% -0.3% see Actual -0.3% (Q4 - advance) +2.2% +2.2% (Q3) 10 a.m. Chicago Purchasing Managers' Index for February National Association of Purchasing Management -- Chicago 53.1 47.0 45.1 45.1 10 a.m. Help-Wanted Index for January Conference Board 47 n.a. 47 46 12:30 p.m. Greenspan speech Federal Reserve The Fed chairman speaks in D.C. on retirement savings Friday, March 1 8:30 a.m. Personal income for January Commerce Department +0.4% n.a. +0.3% +0.4% Consumption +0.4% n.a. unchngd. -0.2% 10 a.m. Consumer Sentiment Index for February -- final University of Michigan 90.7 n.a. see Actual 90.9 (Feb. prelim.) 93.0 93.0 (Jan.) 10 a.m. Purchasing Managers' Index for February National Association of Purchasing Management 54.7 n.a. 49.9 49.9 10 a.m. Construction spending for January Census Bureau +1.5% n.a. +0.5% +0.2%

P-Preliminary forecast
*Month through previous Saturday, vs. prior month
Expectations as reported by Reuters

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