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	U.S. ECONOMIC CALENDAR
DECEMBER

DAY            DATE    CT         FOR          REPORT
Monday         2-Dec   9:00 a.m    Nov         ISM Manufacturing Index
                       9:00 a.m    Oct         Construction Spending
Wednesday      4-Dec   6:00 a.m  30-Nov        MBA Mortgage Index
                       7:15 a.m    Nov         ADP Employment Change
                       9:00 a.m    Nov         ISM Non-Manufacturing Index
                       9:30 a.m  30-Nov        Crude Inventories
Thursday       5-Dec   7:30 a.m  30-Nov        Jobless Claims
                       7:30 a.m    Oct         Trade Balance
                       9:00 a.m    Oct         Factory Orders
                       9:30 a.m  30-Nov        Natural Gas Inventories
Friday         6-Dec   7:30 a.m    Nov         Nonfarm Payrolls
                       7:30 a.m    Nov         Unemployment Rate
                       7:30 a.m    Nov         Hourly Earnings
                       7:30 a.m    Nov         Average Workweek
                       9:00 a.m    Dec         Michigan Sentiment - prelim
                       2:00 p.m    Oct         Consumer Credit
Monday         9-Dec   9:00 a.m    Oct         Wholesale Inventories
Tuesday        10-Dec  7:30 a.m     Q3         Productivity - rev
                       7:30 a.m     Q3         Unit Labor Costs - rev
                       11:00 a.m.              USDA Crop Production
                       11:00 a.m.              WASDE
Wednesday      11-Dec  6:00 a.m   7-Dec        MBA Mortgage Index
                       7:30 a.m    Nov         Consumer Price Index
                       9:30 a.m   7-Dec        Crude Inventories
                       1:00 p.m    Nov         Treasury Budget
Thursday       12-Dec  7:30 a.m   7-Dec        Jobless Claims
                       7:30 a.m    Nov         Producer Price Index
                       9:30 a.m   7-Dec        Natural Gas Inventories
                       11:00 a.                ERS Oil Crops Outlook
                       11:00 a.m.              ERS Cotton and Wool Outlook
                       2:00 p.m.               ERS Feed, Rice and Wheat Outlook
Friday         13-Dec  7:30 a.m    Nov         Import and Export Prices
Monday         16-Dec  2:00 p.m.               ERS Livestock, Dairy and
                                               Poultry Outlook
Tuesday        17-Dec  7:30 a.m    Nov         Retail Sales
                       8:15 a.m    Nov         Industrial Production
                       8:15 a.m    Nov         Capacity Utilization
                       9:00 a.m    Oct         Business Inventories
                       9:00 a.m    Dec         NAHB Housing Market Index
Wednesday      18-Dec  6:00 a.m  14-Dec        MBA Mortgage Index
                       7:30 a.m    Nov         Housing Starts
                       7:30 a.m    Nov         Building Permits
                       7:30 a.m     Q3         Current Account Balance
                       9:30 a.m  14-Dec        Crude Inventories
                       1:00 p.m    Dec         FOMC Interest Rate Decision
Thursday       19-Dec  7:30 a.m  14-Dec        Jobless Claims
                       7:30 a.m     Q3         Gross Domestic Product - 3rd est
                       7:30 a.m     Q3         GDP Deflator - 3rd est
                       9:00 a.m    Nov         Existing Home Sales
                       9:00 a.m    Nov         Leading Indicators
                       9:30 a.m  14-Dec        Natural Gas Inventories
                       2:00 p.m.               USDA Milk Production
                       2:00 p.m.               USDA Livestock Slaughter
                       3:00 p.m    Oct         Net Long-Term TIC Flows
Friday         20-Dec  7:30 a.m    Nov         Personal Income and Spending
                       7:30 a.m    Nov         PCE Prices
                       9:00 a.m    Dec         Michigan Sentiment - final
                       2:00 p.m.               USDA Cattle on Feed