Economic Calendar: March 12-March 16

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, March 12 2 p.m. Federal budget for Feruary FY '07 Treasury Department -$120.0B -$123.0B -$119.2B -$119.2B (February FY '06) Tuesday, March 13 8:30 a.m. Retail sales for February Census Bureau +0.1% +0.3% 0.0% 0.0% Ex-autos -0.1% +0.3% +0.2% +0.3% 9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended March 10 International Council of Shopping Centers and UBS +0.7% n.a. -0.4% -0.4% 9 a.m. Johnson Redbook Retail Sales Index for the week ended March 10, vs. February Redbook Research +3.4% n.a. +0.2% +0.2%* 10 a.m. Business inventories for January Census Bureau +0.2% +0.2% 0.0% 0.0% 1:30 p.m. Treasury refunding Bureau of the Public Debt The Treasury announces the results of its 10-year note auction, at which $8 billion of securities will be sold, with bids due at 1 p.m.. Wednesday, March 14 8:30 a.m. Import Price Index for February Labor Department +0.2% n.a. -0.9% -1.2% Export Price Index +0.7% n.a. +0.4% +0.3% 9 a.m. Mortgage Applications Survey for the week ended March 9 -- Market Composite Index Mortgage Bankers Association 690.5 n.a. 671.6 671.6 Purchase Index 414.3 n.a. 405.3 405.3 9 a.m. Consumer Comfort Index for the week ended March 11 ABC News and Washington Post +2 n.a. -1 -1 Thursday, March 15 8:30 a.m. Producer Price Index for February Labor Department +1.3% +0.5% -0.6% -0.6% Ex- food and energy +0.4% +0.2% +0.2% +0.2% 8:30 a.m. Initial Jobless Claims for the week ended March 10 Labor Department +318,000 +325,000 +330,000 +328,000 Four-week average +329,000 n.a. +340,000 +339,000 12 p.m. Philadelphia Fed Index for March Philadelphia Fed 0.2 3.5 0.6 0.6 Friday, March 16 8:30 a.m. Consumer Price Index for February Labor Department +0.4% +0.3% +0.2% +0.2% Ex- food and energy +0.2% +0.2% +0.3% +0.3% 9:15 a.m. Industrial production for February Federal Reserve +1.0% +0.3% -0.3% -0.5% Capacity utilization 82.0% 81.3% 81.4% 81.2% 9:45 a.m. Consumer Sentiment Index for March -- preliminary University of Michigan 88.8 89.0 91.3 91.3 10:30 a.m. Weekly Leading Index for the week ended March 9 Economic Cycle Research Institute +3.7% n.a. +3.3% +3.2%

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

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