Latest update: March 13, 2001

Oct00 Nov00 Dec00 Jan01 Feb01 Mar01

UI Claims wk 1 315/305 343/317 352/345 341/360 361/331 370/355
(wk/4wk) wk 2 310/305 329/322 322/343 300/347 344/342
wk 3 306/308 339/330 354/347 311/332 333/347
wk 4 310/310 359/343 370/350 350/326 374/353
wk 5 375/355

Nonfarm Payrolls +66k +53k +36k +224k +135k
Mfg Payroll -2k -18k -48k -96k -94k
Unemployment 3.9% 4.0% 4.0% 4.2% 4.2%
Avg wkly hours 34.4 34.3 34.1 34.3 34.2
Avg hrs - Mfg 41.4 41.2 40.4 40.9 40.6
Aggr Hrs Index +0.1% -0.1% -0.6% +0.8% -0.5%
Aggr Hrs - Mfg +0.1% -0.7% -2.3% +0.6% -1.4%
Hourly Earnings +0.4% +0.6% +0.4% +0.1% +0.5%

PPI +0.4% +0.1% +0.2% +1.1%
PPI core -0.1% UNCH +0.1% +0.7%
CPI +0.2% +0.2% +0.2% +0.6%
CPI core +0.1% +0.3% +0.1% +0.3%
Import Prices -0.4% UNCH -0.8% -0.4%

NAPM Prices Paid 56.5 57.5 62.2 65.7 58.1

M2 (bln) +$22.4 +$17.3 +$39.3 +$50.7

C&I loans (mln) 1080.5 1081.8 1090.7 1105.6 1114.2
Treasury Budget -$11.3 -$23.7 +$32.7 +$76.4
Consumer Credit +$17.3 +$13.9 +$7.1 +$16.1

Cons Confidence 135.8 132.6 128.6 115.7 106.8
Mich. Sentiment 105.8 107.6 98.4 94.7 90.6

Car Sales, rate 6.6 6.5 5.8 6.7 6.9
Truck Sales 7.6 7.2 6.7 7.5 7.6
Total 14.2 13.7 12.5 14.2 14.5

Retail Sales -0.1% -0.6% +0.2% +1.3% -0.2%
Ex. autos +0.1% -0.3% +0.1% +1.3% -0.3%

Personal Income -0.2% +0.2% +0.4% +0.6%
Pers Spending +0.2% +0.3% +0.4% +0.7%

NAPM Index 48.3 47.9 44.3 41.2 41.9
Chicago Purch 48.9 42.3 45.2 40.2 43.2
Phila. Fed -0.5 4.7 -4.2 -36.8 -30.5

Ind Production -0.2% -0.3% -0.5% -0.3%
Capacity Util 82.0% 81.4% 80.7% 80.2%

Factory Orders -4.0% +1.9% +0.6% -3.8%
Durables -6.6% +3.1% +1.4% -6.5%
Ex. defense -7.2% +2.4% +2.5% -6.3%
Ex.transport. -3.2% +0.5% -2.0% -0.4%
Nondurables -0.5% +0.5% -0.3% -0.2%

Mfg Shipments -1.2% -0.5% -0.4% -1.1%

Bus. Inventories +0.7% +0.3% +0.1%
Factory +0.7% +0.2% -0.1% +0.7%
Wholesale +0.4% +0.4% UNCH -0.3%
Retail +0.9% +0.5% +0.3%

Housing Starts 1.529 1.564 1.568 1.651
Building Permits 1.546 1.598 1.507 1.724
NAHB Index 63 65 58 55 58

New Home Sales 940 900 1034 921
Existing Homes 5.10 5.30 4.94 5.13

Construct Spend -1.0% +0.5% +1.0% +1.5%
Residential -0.8% -0.3% +0.3% +1.7%
Nonresidential -0.3% +1.2% UNCH +5.8%

Trade Balance (bln) -$33.6 -$33.1 -$33.0
Exports $91.1 $90.6 $89.8
Imports $124.7 $123.7 $122.8
Goods Only, BOP -$40.0 -$39.1 -$39.2

Leading index -0.4% -0.3% -0.5% +0.8%

4Q 4Q
GDP (chain-wt) +1.4%a +1.1%p
Final Sales +1.6%a +1.5%p
Chain prices +2.1%a +1.9%p
Current-dollar +3.5%a +3.0%p

Nonfarm Product +2.4%p +2.2%r
Unit labor costs +4.1%p +4.3%r

ECI (qtr/qtr) +0.8%/+4.1%