Economic Calendar: June 12-June 16

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, June 12 2 p.m. Federal budget for May FY '06 Treasury Department -$42.8B -$39.0B -$35.4B -$35.4B (May FY '05) Tuesday, June 13 8:30 a.m. Producer Price Index for May Labor Department +0.2% +0.4% +0.9% +0.9% Ex- food and energy +0.3% +0.2% +0.1% +0.1% 8:30 a.m. Retail sales for May Census Bureau +0.1% 0.0% +0.8% +0.5% Ex-autos +0.5% +0.5% +0.8% +0.7% 9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended June 10 International Council of Shopping Centers and UBS +1.2% n.a. +0.1% +0.1% 9 a.m. Johnson Redbook Retail Sales Index for the week ended June 10, vs. May Redbook Research +3.0% n.a. +1.8% +1.9%* 10 a.m. Business inventories for April Census Bureau +0.4% +0.6% +0.7% +0.7% Wednesday, June 14 8:30 a.m. Consumer Price Index for May Labor Department +0.4% +0.4% +0.6% +0.6% Ex- food and energy +0.3% +0.2% +0.3% +0.3% 9 a.m. Mortgage Applications Survey for the week ended June 9 -- Market Composite Index Mortgage Bankers Association 571.9 n.a. 534.4 534.4 Purchase Index 414.6 n.a. 395.6 395.6 9 a.m. Consumer Comfort Index for the week ended June 11 ABC News and Washington Post -15 n.a. -17 -17 2 p.m. Beige Book Federal Reserve The Fed's anecdotal report on economic conditions around the country is for consideration at the Federal Open Market Committee's June 29th meeting. Thursday, June 15 8:30 a.m. Initial Jobless Claims for the week ended June 10 Labor Department +295,000 +320,000 +303,000 +302,000 Four-week average +316,000 n.a. +328,000 +328,000 9:15 a.m. Industrial production for May Federal Reserve -0.1% +0.2% +0.8% +0.8% Capacity utilization 81.7% 82.0% 81.9% 81.9% 12 p.m. Philadelphia Fed Index for June Philadelphia Fed 13.1 11.0 14.4 14.4 Friday, June 16 9:45 a.m. Consumer Sentiment Index for June -- preliminary University of Michigan 82.4 79.0 79.1 79.1 10:30 a.m. Weekly Leading Index for the week ended June 9 Economic Cycle Research Institute +1.5% n.a. +1.8% +2.1%

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

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