Economic Calendar: July 15-19

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, July 15 8:30 a.m. Business inventories for May Census Bureau +0.2% -0.1% -0.2% -0.2% Tuesday, July 16 9 a.m. BTM-UBSW Weekly Chain Store Sales Index for the week ended July 13 Bank of Tokyo-Mitsubishi and UBS Warburg -0.3% n.a. +0.7% +0.7% 9 a.m. Redbook Retail Average for the month through July 13, vs. June LJR Redbook -0.6% n.a. +1.8% +1.8%* 9:15 a.m. Industrial production for June Federal Reserve +0.8% +0.4% +0.4% +0.2% Capacity utilization 76.1% 75.8% 75.6% 75.5% 10 a.m. Greenspan testimony Federal Reserve The Fed Chairman testifies before the Senate Banking Committee on the economy and monetary policy, an appearance formerly known as Humphrey-Hawkins . Wednesday, July 17 7 a.m. Mortgage Applications Survey for the week ended July 12 -- Refinancing Index Mortgage Bankers Association 2729.5 n.a. 2616.6 2616.6 Purchase Index 377.1 n.a. 408.0 408.0 8:30 a.m. Housing starts for June Census Bureau 1.672M 1.680M 1.735M 1.733M Building permits 1.700M 1.660M 1.676M 1.676M 10 a.m. Greenspan testimony Federal Reserve The Fed Chairman testifies before the House Financial Services Committee on the economy and monetary policy, an appearance formerly known as Humphrey-Hawkins . 2:30 p.m. Treasury auction announcement Bureau of the Public Debt The Treasury announces the size of its next monthly two-year note auction, next Wednesday. 6:30 p.m. Consumer Comfort Index for the week ended July 13 Money Magazine and ABC News -8 n.a. -6 -6 Thursday, July 18 8:30 a.m. Initial Jobless Claims for the week ended July 12 Labor Department 379,000 n.a. 407,000 403,000 Four-week average 391,000 n.a. 395,750 395,000 10 a.m. Leading economic indicators for June Conference Board unchngd. -0.1% +0.6% +0.4% 12 p.m. Philadelphia Fed Index for July Philadelphia Fed 6.6 n.a. 22.2 22.2 Friday, July 19 8:30 a.m. International trade for May Commerce Department -$37.6B -$35.5B -$36.1B -$39.9B 8:30 a.m. Consumer Price Index for June Labor Department +0.1% +0.1% unchngd. unchngd. Ex- food and energy +0.1% +0.2% +0.2% +0.2% 2 p.m. Federal budget for June FY '02 Treasury Department $29.1B $25.7B -$80.6B -$80.6B (May FY '02)

P-Preliminary forecast
*Month through previous Saturday, vs. prior month

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