Economic Calendar: Aug.7-11

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, August 7 No releases. Tuesday, August 8 8:30 a.m. Productivity for Q2 -- preliminary Labor Department +1.1% +0.9% +4.3% +3.7% Unit labor costs +4.2% n.a. +2.5% +1.6% 9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended August 5 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 August 5, vs. July Redbook Research +3.2% n.a. +0.2% +0.2%* 9 a.m. Federal Open Market Committee meeting Federal Reserve The Fed's monetary policymaking committee holds its fifth meeting of the year in Washington. Any change in monetary policy will be announced at around 2:10 p.m. Wednesday, August 9 9 a.m. Mortgage Applications Survey for the week ended August 4 -- Market Composite Index Mortgage Bankers Association 553.3 n.a. 527.6 527.6 Purchase Index 388.9 n.a. 376.2 376.2 9 a.m. Consumer Comfort Index for the week ended August 6 ABC News and Washington Post -12 n.a. -10 -10 1:30 p.m. Treasury refunding Bureau of the Public Debt The Treasury announces the results of its 10-year note auction, at which $13 billion of securities will be sold, with bids due at 1 p.m.. Thursday, August 10 8:30 a.m. Initial Jobless Claims for the week ended August 5 Labor Department +319,000 +315,000 +312,000 +315,000 Four-week average +308,750 n.a. +312,500 +314,000 8:30 a.m. International trade for June Commerce Department -$64.8B -$64.5B -$65.0B -$63.8B 1:30 p.m. Treasury refunding Bureau of the Public Debt The Treasury announces the results of its 30-year bond auction, at which $10 billion of securities will be sold, with bids due at 1 p.m. The auction is the last leg of the quarterly refunding. 2 p.m. Federal budget for July FY '06 Treasury Department -$33.2B -$33.2B -$53.2B -$53.4B (July FY '05) Friday, August 11 8:30 a.m. Import Price Index for July Labor Department +0.9% n.a. 0.0% +0.1% Export Price Index +0.4% n.a. +0.7% +0.8% 8:30 a.m. Retail sales for July Census Bureau +1.4% +0.8% -0.4% -0.1% Ex-autos +1.0% +0.5% +0.1% +0.3% 10 a.m. Business inventories for June Census Bureau +0.8% +0.5% +1.1% +0.8% 10:30 a.m. Weekly Leading Index for the week ended August 4 Economic Cycle Research Institute -0.4% n.a. +0.2% +0.1%

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

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