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Economic Releases - Week of 3/8/2010




ConsensusActualPositive, Negative
Neutral
Comments

Monday 3/8/2010

    


   

Tuesday 3/9/2010

    




 

Wednesday 3/10/2010

    

Treasury Budget

-$222.0B
-$220.9B


 Wholesale Inventories

0.2%
-0.2%
(+)
Apparently in January we consumed more
than  what the wholesalers had expected.  

Crude Inventories


1.43M


Thursday 3/11/2010





 Initial Unemployment Claims

460,000
462,000
Neutral
Not improving, but not getting worse either -
initial claims are just "stuck" at a high range.

Trade Balance

-$41.0B
-$37.3B
Neutral
Good news: we are importing less oil.  Bad news:
our exports decreased, which may mean that the
global rebound is more tepid than originally thought.

Friday 3/12/2010





Retail Sales

-0.2%
0.3%
(+)

 Retail Sales (ex-Auto)
 0.1%0.8%
 (+)Strong retail sales numbers for February in spite
of the lousy weather in the East Coast. 
Looks like consumers have decided to get back
to the malls - with unemployment as high as it is,
the jury is still out that this is sustainable.
 U. of Michigan Consumer
Sentiment Survey
74.0
72.5
 (-)We may be going back to the malls, but we are
apparently doing so in order to forget  why we are
unhappy about our state of affairs.  Consumer
sentiment has dipped considerably over the last
month.

Business Inventories

0.1%
0.0%