Economic Calendar: May 5-May 9

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, May 5 10 a.m. ISM Services - Non-Manufacturing for April Institute for Supply Management 52.0 49.5 49.6 49.6 8:30 p.m. Bernanke speech Federal Reserve The Fed chairman speaks to Columbia Business School on the topic: Responding to Mortgage Delinquencies and Foreclosures Tuesday, May 6 9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended May 3 International Council of Shopping Centers and UBS -0.2% n.a. +0.9% +0.9% 9 a.m. Johnson Redbook Retail Sales Index for the week ended May 3, vs. March Redbook Research +1.4% n.a. -1.6% -1.5%* Wednesday, May 7 8:30 a.m. Productivity for Q1 -- preliminary Labor Department +2.2% +1.5% +1.8% +1.9% Unit labor costs +2.2% n.a. +2.8% +2.6% 9 a.m. Mortgage Applications Survey for the week ended May 2 -- Market Composite Index Mortgage Bankers Association 655.4 n.a. 567.0 567.0 Purchase Index 381.3 n.a. 340.1 340.1 9 a.m. Consumer Comfort Index for the week ended May 4 ABC News and Washington Post -46 n.a. -41 -41 Thursday, May 8 8:30 a.m. Initial Jobless Claims for the week ended May 3 Labor Department +365,000 +375,000 +383,000 +380,000 Four-week average +367,000 n.a. +365,000 +364,000 Friday, May 9 8:30 a.m. International trade for March Commerce Department -$58.2B -$61.3B -$61.7B -$62.3B 10:30 a.m. Weekly Leading Index for the week ended May 2 Economic Cycle Research Institute -8.0% n.a. -8.7% -8.7%

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

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