Economic Calendar: June 22-June 26

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, June 22 No releases. Tuesday, June 23 9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended June 20 International Council of Shopping Centers and UBS 0.0% n.a. -0.6% -0.6% 9 a.m. Johnson Redbook Retail Sales Index for the week ended June 20, vs. May Redbook Research -4.2% n.a. -4.4% -4.5%* 10 a.m. Existing Home Sales for May National Association of Realtors 4.77M 4.83M 4.66M 4.68M Wednesday,June 24 8:30 a.m. Durable goods orders for May Census Bureau +1.8% -0.9% +1.8% +1.9% Ex-transportation +1.1% -0.5% +0.4% +0.8% 9 a.m. Federal Open Market Committee meeting Federal Reserve The Fed's monetary policymaking committee holds its fourth meeting of the year in Washington. Any change in monetary policy will be announced at around 2:10 p.m. 9 a.m. Mortgage Applications Survey for the week ended June 19 -- Market Composite Index Mortgage Bankers Association 548.2 n.a. 514.4 514.4 Purchase Index 280.3 n.a. 261.2 261.2 9 a.m. Consumer Comfort Index for the week ended June 21 ABC News and Washington Post -53 n.a. -49 -49 10 a.m. New home sales for May Census Bureau .342M .360M .344M .325M Thursday, June 25 8:30 a.m. Gross domestic product for Q1 -- final Commerce Department -5.5% -5.7% see Actual -5.7% (Q1 - prelim.) -- -6.3% (Q4) Implicit price deflator -- n.a. see Actual +2.8% (Q1 - prelim.) -- +0.6% (Q4) 8:30 a.m. Initial Jobless Claims for the week ended June 20 Labor Department +627,000 +600,000 +612,000 +608,000 Four-week average +617,250 n.a. +616,750 +616,000 10 a.m. Bernanke speech Federal Reserve The Fed chairman speaks to House Committee on Oversight and Government Reform on the topic: Acquistion of Merrrill Lynch by Bank of America Friday, June 26 8:30 a.m. Personal income for May Commerce Department +1.4% +0.2% +0.7% +0.5% Consumption +0.3% +0.3% 0.0% -0.1% 10 a.m. Consumer Sentiment Index for June -- final University of Michigan 70.8 69.0 see actual 69.0 (June prelim.) -- 68.7 (May) 10:30 a.m. Weekly Leading Index for the week ended June 19 Economic Cycle Research Institute +2.1% n.a. -- -0.6%

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

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