HAVER ANALYTICS® THE HAVER ANALYTICS DATABASE DIRECTORY VOLUME I Copyright 2005 Haver Analytics, Inc. 60 East 42nd Street, 33rd Floor New York, NY 10165 (212) 986-9300 UNITED STATES ECONOMIC STATISTICS USECON contains key economic and financial statistics provided by the U.S. government, Federal Reserve Board, and other public and private organizations. The data are updated within minutes of release from the source for most data series. The Database o Includes the major components of GDP in current and constant dollars, GDP deflators and growth rates, consumer and producer price indexes, international transactions, housing starts, construction, plant and equipment expenditures, industrial production, capacity utilization, manufacturers' shipments, inventories and orders, money stock, interest rates, public finance, employment and earnings, productivity, population and business cycle indicators. o Data begin as early as 1901. o Both seasonally adjusted and not seasonally adjusted data are available if published by the source agency. o Annual values are stored for deflators and growth rates that cannot be aggregated correctly using standard aggregation methods. Using USECON File name: All data may be retrieved from the one file named USECON. © Haver Analytics Vol 1: USECON - 1 10/29/10 TABLE OF CONTENTS FIN FINANCIAL Domestic interest rates Selected rates: FRB H.15 (415) . . . . . . . Treasury market yields at constant maturities Interest rate futures . . . . . . . . . . . . Interest rate swaps . . . . . . . . . . . . . Treasury note and bond auction data . . . . . On and off the run treasuries . . . . . . . . Treasury bill and note total return . . . . . Treasury inflation-adjusted securities . . . . FRB Federal Funds target . . . . . . . . . . . Merrill Lynch corporate bond yields . . . . . Citigroup bond yields . . . . . . . . . . . . Municipal bond yields . . . . . . . . . . . . S&P Corporate bond yields . . . . . . . . . . HQM Corporate bond yields . . . . . . . . . . Commercial paper . . . . . . . . . . . . . . Fannie Mae constant maturity yields . . . . . Freddie Mac net required yields . . . . . . . Fannie Mae net required yields . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 4 4 4 5 14 14 15 17 17 30 30 31 32 37 37 38 39 International interest and exchange rates International money rates . . . . . . . . LIBOR . . . . . . . . . . . . . . . . . . NY funding rates . . . . . . . . . . . . . Gold lending rates . . . . . . . . . . . . Foreign exchange rates: FRB G.5 (405) . . Trade-weighted dollar (FRB Atlanta) . . . Broad index: Currency weights . . . . . . CitiFX flow weighted indexes . . . . . . . Trade-weighted exchange rates (JP Morgan) Core prices used in real indexes . . . Broad index trade weights . . . . . . . Narrow index trade weights . . . . . . Spot rates, WSJ . . . . . . . . . . . . . Forward rates, FT . . . . . . . . . . . . Spot and forward rates, FT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 40 41 41 43 44 44 46 47 46 50 51 52 53 53 . . . 56 58 60 . . . 63 63 64 . . . 95 109 110 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Money and banking Money stock, liquid assets and debt measures (H.6) . . . . . . Commercial paper outstanding: FRB New York . . . . . . . . . . Aggregate reserves of depository institutions and . . . . . . . the monetary base: FRB H.3 (502) Reserve aggregates, bank credit: FRB St Louis . . . . . . . . Sweeps of transaction deposits: Fed Reserve Board, unpublished Assets and liabilities of commercial banks (H.8) . . . . . . . Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks. H.4.1 . Temporary Open Market Operations . . . . . . . . . . . . . . . Agency MBS purchase program . . . . . . . . . . . . . . . . . . © Haver Analytics Vol 1: USECON - 2 10/29/10 TABLE OF CONTENTS FIN FINANCIAL MARKETS Stock market data NYSE, S&P stock indexes . . . . . . . . . . . . Dow Jones Averages and Return . . . . . . . . . Dow Jones Wilshire Return . . . . . . . . . . . Russell Total Return . . . . . . . . . . . . . AMEX/NASDAQ/Russell/Wilshire/PSE Tech/ Philadelphia Semiconductor/Internet Merrill-Lynch, Morgan Stanley . . . . . . . . Cambridge Associates . . . . . . . . . . . . . . Hennessee hedge fund indexes . . . . . . . . . . Market Cap . . . . . . . . . . . . . . . . . . . Stock exchange volume . . . . . . . . . . . . . Capital gains and taxes paid . . . . . . . . . . Earnings & dividends and Options . . . . . . . . Margin debt at broker-dealers . . . . . . . . . Margin requirements . . . . . . . . . . . . . . International stock market data . . . . . . . . FTSE Eurofirst share price indexes . . . . . . . Dow Jones STOXX Indexes . . . . . . . . . . . . New security issues: gross proceeds (FRB 1.46) Bond market . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 112 113 113 114 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115 117 118 119 120 121 122 125 125 126 128 128 129 130 MORTGAGES Mortgage market rates: FHFB & HUD . . . . . . . . . Mortgage rate indexes: COFI and MTA . . . . . . . . . Freddie Mac primary mortgage market survey . . . . . Freddie Mac cash-out refinance activity . . . . . . Freddie Mac monthly summary . . . . . . . . . . . . Fannie Mae conventional loan limits & monthly summary Fannie Mae & Freddie Mac capital requirement . . . . NCREIF real estate rates of return . . . . . . . . . Terms on conventional home mortgages: FHFB . . . . . Originations of mortgage loans, 1-4 family: HUD . . Mortgage equity withdrawal . . . . . . . . . . . . . Mortgage debt outstanding . . . . . . . . . . . . . . FHA reports . . . . . . . . . . . . . . . . . . . . . Private mortgage insurance activity (MICA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132 132 133 134 136 137 141 142 143 150 151 154 156 158 CONSUMER & OTHER CREDIT and LOAN DELINQUENCY Consumer credit: FRB G.19 (421) . . . . . . . . . . . . . . Burden of debt service payments (FRB unpublished) . . . . . . Mortgage interest payments (BEA imputations) . . . . . . . . Consumer terms of credit: FRB G.19 (421) . . . . . . . . . . Other Consumer Rates (CD, Mortgage, Car Loan) . . . . . . . . FDIC National Rates and Rate Caps . . . . . . . . . . . . . . Receivables outstanding at finance companies: FRB G.20 (422) S&P Credit Card Quality Index . . . . . . . . . . . . . . . . Delinquency & charge-off rates at Commercial Banks: FFIEC . Large syndicated loans: SNC Program . . . . . . . . . . . . . Surveys of terms of business lending (E.2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 159 160 160 161 162 163 165 166 167 173 174 © Haver Analytics Vol 1: USECON - 3 10/29/10 TABLE OF CONTENTS FIN Financial reports Quarterly financial report: manufacturing, mining & trade Bureau of the Census Selected financial institutions: life insurance co's . . . American Council of Life Insurance . . . . . . . . . . FHLBank System Combined Financial Report . . . . . . . . . . . . 175 . . . . . . . 178 178 Federal finance Federal individual income tax . . . . . . . . . . . . . Summary of budget & off-budget results and financing of United States Government . . . . . . . . . . . . . Receipts and outlays of the United States Government . U.S. Department of the Treasury and OMB Summary of Treasury Securities outstanding . . . . . . U.S. Department of the Treasury Statutory debt limit . . . . . . . . . . . . . . . . . Privately held interest-bearing public debt . . . . . . Gross Federal debt . . . . . . . . . . . . . . . . . . Outlays of the U.S. Government . . . . . . . . . . . . Federal budget surplus/deficit as percentage of GDP . . Potential GDP: CBO . . . . . . . . . . . . . . . . . . Federal budget projections: OMB, CBO & consensus . . . Standardized Federal budget balance (structural) . . . Combined operations of OASI and DI trust funds . . . . Effective federal tax rates and share under current tax . . . . . the . . . . . . . . . . 181 182 . . . . . 184 . . . . . . . . . . . . . . . . . . . . . . . . . . . laws 184 184 185 185 185 186 187 191 193 194 . . . . . . . . . . . . . . . . . . . . NATIONAL ACCOUNTS NA GDP Press Release Gross domestic product (T.3) . . . . . . . . . . Percent change in GDP (T.1) . . . . . . . . . . Contributions to percent change in GDP (T.2) . . Chain-type quantity & price indexes (T.5 & T.6) % change in chain-type price indexes (T.4) . . . Implicit deflators (T.4 & T.6) . . . . . . . . . Relation of GDP, GNP and national income (T.9) . % change in GDP aggregates & price indexes (T.A) Personal income (quarterly) (T.10) . . . . . . . Corporate profits (national) (T.11) . . . . . . Corporate profits by industry (T.12) . . . . . . Gross value added of nonfin corp business (T.13) Personal Income and Outlays Personal income (monthly) (T.1, T.7, T.9) . . . Price Index for Market-Based PCE . . . . . . . . . . PCE Inflation Rates . . . . . . . . . . . . . . . . . Potential GDP . . . . . . . . . . . . . . . . . . . . Macroeconomic Advisers GDP Index . . . . . . . . . . Net stock of fixed assets and consumer durables . . . © Haver Analytics 179 Vol 1: USECON - 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 4 6 7 8 9 10 11 17 12 13 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 20 20 21 22 23 10/29/10 TABLE OF CONTENTS PRI PRICES Consumer price indexes All urban consumers, CPI-U . . . . . . . . . . . . . . . Urban wage earners and clerical workers, CPI-W . . . . . FRB Cleveland Weighted Median and Trimmed Mean CPI . . . Chained price index, C-CPI-U . . . . . . . . . . . . . . CPI relative importance . . . . . . . . . . . . . . . . . . . Producer price indexes, PPI . . . . . . . . . . . . . . . . . Bureau of Labor Statistics CRB commodity indexes: spot and futures prices . . . . . . . Knight-Ridder Financial. K-R CRB Commodity Price Report Commodity nearby and total return indexes . . . . . . . . . . Goldman Sachs GSCI FIBER commodity indexes and underlying prices . . . . . . . . Foundation for Intl Business and Economic Research Commodity cash prices: The Wall Street Journal . . . . . . . World commodity prices: London Metal Exchange . . . . . . . Dow Jones commodity price & futures indexes . . . . . . . . . Oil prices and refiners' acquisition cost . . . . . . . . . . The Wall Street Journal and U.S. Department of Energy Energy, gold and index futures prices . . . . . . . . . . . . Commodities, real estate & T-bond futures prices . . . . . . Prices received and paid by farmers . . . . . . . . . . . . . . . . . . . . . . . . . 1 6 11 12 13 20 . . 32 . . 33 . . 33 . . . . . . . . 35 37 37 38 . . . . . . 41 42 43 HOUSING AND CONSTRUCTION H&C New Residential Construction Housing starts and units authorized . . . . . . . . . . . . Housing completions and under construction . . . . . . . . . 1 11 Manufactured Homes Survey . . . . . . . . . . . . . . . . . . . . 19 New Residential Sales . . . . . . . . . . . . . . . . . . . . . 21 Housing stock . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Existing home sales . . . . . . . . . . . . . . . . . . . . . . . 23 Housing affordability . . . . . . . . . . . . . . . . . . . . . . 24 © Haver Analytics Vol 1: USECON - 5 10/29/10 TABLE OF CONTENTS HOUSING AND CONSTRUCTION, continued H&C Price indexes of new one-family houses sold . . . . . . . Housing Vacancies & Homeownership . . . . . . . . . . . . Value of new construction put in place Bureau of the Census. Construction Reports, C-30 New classification: Current press release . . . . . . . . . . . . . . Monthly construction expenditures . . . . . . . . Old classification: Billions of current & constant dollars . . . . . Millions of current & constant dollars . . . . . Value of new public construction put in place . . . . . . Bureau of the Census. Construction Reports, C-30 Construction cost indexes . . . . . . . . . . . . . . . . Bureau of the Census. Construction Reports, C-30 Residential improvements & repairs Bureau of the Census. Construction Reports, C-50 . Commercial real estate . . . . . . . . . . . . . . . . . Conventional Mortgage Home Price Index (Freddie Mac) . . OFHEO house price indexes . . . . . . . . . . . . . . . . S&P/Case-Shiller home price index . . . . . . . . . . . . CoreLogic home prices . . . . . . . . . . . . . . . . . . Radar Logic house prices . . . . . . . . . . . . . . . . Bureau of Reclamation Construction Cost Trends . . . . . . . . . . . . . 24 25 . . . . . . . . 77 80 . . . . . . . . . . . . 86 87 90 . . . . 91 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PRODUCTION AND INVESTMENT 93 99 105 106 108 111 112 113 P&I Industrial production, FRB, G.17 (419) . . . . . . . . . . . . . Capacity and capacity utilization, FRB, G.17 (419) 1 . . . . . . . 6 Business Week indexes . . . . . . . . . . . . . . . . . . . . . . 9 Car and truck production . . . . . . . . . . . . . . . . . . . . Crain Communications, "Automotive News" 9 CSM Automotive production barometer . . . . . . . . . . . . . . . CSM Worldwide 10 Paper and paperboard production . . . . . . . . . . . . . . . . . American Paper Institute 11 © Haver Analytics Vol 1: USECON - 6 10/29/10 TABLE OF CONTENTS EMPLOYMENT AND EARNINGS E&E Household Survey - Employment Situation Press Release: Summary Table (Table A) . . . . . . . . . . . . . . . . . . . . . . 1 Employment Status of the Civilian Population by Sex and Age (Table A-1) . . . . . . . . . . . . . . . . . . . 3 Employment Status of the Civilian Population by Race, Sex and Age (Table A-2) . . . . . . . . . . . . . . . . 5 Employment Status of the Hispanic or Latino Population by Sex and Age (Table A-3) . . . . . . . . . . . . . . . . . . 10 Civilian Employment Status by Educational Attainment (Table A-4) 12 Employment status of the civilian population, 18 years & over by veteran status, period of service, and sex (Table A-5) . . . . 13 Employment status of the civilian population by sex, age, and disability status (Table A-6) . . . . . . . . 15 Employment status of the civilian population by nativity and sex (Table A-7) . . . . . . . . . . . . . . . . 16 Employed Persons by Class of Worker and Part-time Status (Table A-8) 17 Selected Employment Indicators (Table A-9) . . . . . . . . . . . 19 Selected Unemployment Indicators (Table A-10) . . . . . . . . . . 22 Reason for Unemployment (Table A-11) . . . . . . . . . . . . . . 24 Duration of Unemployment (Table A-12) . . . . . . . . . . . . . . 25 Employment and Unemployment by Occupation (Table A-13) . . . . . 26 Unemployment by Industry (Table A-14) . . . . . . . . . . . . . . 27 Alternative Measures of Labor Underutilization (Table A-15) . . . 28 Persons Not in the Labor Force (Table A-16) . . . . . . . . . . . 29 Multiple Jobholders (Table A-16) . . . . . . . . . . . . . . . . 29 Establishment Survey - Employment Situation Press Release: Summary Table (Table B) . . . . . . . . . . . . . . . . . . . . . Employees on nonfarm payrolls by industry sector and selected industry detail (Table B-1) . . . . . . . . . . . Average weekly hours and overtime of all employees on private nonfarm payrolls by industry sector (Table B-2) . . Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector (Table B-3) . . Indexes of aggregate weekly hours and payrolls for all employees on private nonfarm payrolls by industry sector (Table B-4) . . . . Employment of women on nonfarm payrolls by industry sector (Table B-5) . . . . . . . . . . . . . . . . Employment of production and nonsupervisory employees on private nonfarm payrolls by industry sector (Table B-6) . . Average weekly hours and overtime of production and nonsupervisory employees on private nonfarm payrolls by industry sector (Table B-7) . . . . . . . . . . . . . . . . Average hourly and weekly earnings of production and nonsupervisory employees on private nonfarm payrolls by industry sector (Table B-8) . . . . . . . . . . . . . . . . Indexes of aggregate weekly hours and payrolls for production and nonsupervisory employees on private nonfarm payrolls by industry sector (Table B-9) . . . . . . . . . . . . . . . . © Haver Analytics Vol 1: USECON - 7 30 32 37 38 39 40 41 42 43 44 10/29/10 TABLE OF CONTENTS EMPLOYMENT AND EARNINGS E&E Other Household Survey Employment & Earnings (BLS Publication): Civilian Labor Force . . . . . . . . . Civilian Noninstitutional Population . Civilian Participation Rate . . . . . Civilian Employment . . . . . . . . . Agricultural Employment . . . . . . . Nonagricultural Employment . . . . . . Persons Not in the Labor Force . . . . Employed Persons by Occupation and Sex Persons by Hours of Work . . . . . . . Weekly Earnings . . . . . . . . . . . Characteristics of minimum wage workers CPS Labor Force Status Flows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 45 45 46 46 46 47 49 50 51 67 68 Other Establishment Survey Intuit Small Business Employment Index . . Payroll employment excl strikes . . . . . ADP national employment report . . . . . . Aggregate hours of wage and salary workers Net birth/death adjustment . . . . . . . . Bias adjustment factors . . . . . . . . . Real earnings . . . . . . . . . . . . . . CES strike report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 69 70 70 71 71 72 72 Available labor supply . . . . . . . . . . . . Employment cost index (ECI) . . . . . . . . . . Health benefit costs . . . . . . . . . . . . . Work stoppages . . . . . . . . . . . . . . . . Contributions to social security . . . . . . . Minimum wage rates (legislated) . . . . . . . . Insured unemployment . . . . . . . . . . . . . Labor union membership . . . . . . . . . . . . Mass Layoffs . . . . . . . . . . . . . . . . . Job openings and labor turnover survey (JOLTS) Covered employment and wages (CEW) . . . . . . Employers costs for employee compensation (ECEC) . . . . . . . . . . . . . . . NAICS AND SOC Business employment dynamics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72 73 103 103 103 103 104 107 108 116 127 . . . . . . . . . . . . . . . . . . 130 195 PRODUCTIVITY PRO Bureau of Labor Statistics Productivity and costs . . . . . . Multifactor productivity . . . . . (See additional productivity data Research & development . . . . . . National Science Foundation © Haver Analytics . . . . . . . . in Vol. . . . . Vol 1: USECON - 8 . . 3 . . . . . . . . . . . . . . . . . . . . . . Industry 17-24) . . . . . . . . . 1 3 5 10/29/10 TABLE OF CONTENTS MANUFACTURING, TRADE & SERVICES M&T Classified According to NAICS Advance report on durable goods . . . . . . . . . . . Manufacturers’ shipments . . . . . . . . . . . . . . Manufacturers’ new orders . . . . . . . . . . . . . . Manufacturers’ unfilled orders . . . . . . . . . . . Manufacturers’ inventories . . . . . . . . . . . . . Manufacturers’ shipments and new orders for topical series . . . . . . . . . . . . . . . . Manufacturers’ inventories by stage of fabrication . Manufacturers’ inventories to shipments and unfilled orders to shipments ratios . . . . . . . NAICS composition of M3 aggregate and industry series Wholesale trade . . . . . . . . . . . . . . . . . . Retail trade . . . . . . . . . . . . . . . . . . . . Retail inventories . . . . . . . . . . . . . . . . . Seasonal factors for retail trade and inventories . Manufacturing and trade: inventories and sales . . . BEA Mfg & Trade Inventories & sales . . . . . . . . . . . . . . 1 3 5 6 7 . . . . . . . . . . 10 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 15 31 34 37 38 39 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 51 57 62 64 65 70 77 Manufacturing and trade: constant dollar . . . . . . . . . . . . Inventories, sales and I/S ratios (Bureau of Economic Analysis) Retail sales: chained 1996 dollars and price indexes . . . . . . Bureau of Economic Analysis, "Internal Series" Retail e-commerce sales . . . . . . . . . . . . . . . . . . . . . Quarterly services survey . . . . . . . . . . . . . . . . . . . . Annual services survey . . . . . . . . . . . . . . . . . . . . . 67 Classified According to SIC (DISCONTINUED) Manufacturers' shipments and inventories, SA . . . Manufacturers' new and unfilled orders, SA . . . . Manufacturers' shipments, inventories, orders, NSA Manufacturers' inventories by stage of fabrication Manufacturing: I/S and other ratios, SA . . . . . Manufacturing and trade: inventories and sales . . Retail sales and inventories, SA & NSA . . . . . . Wholesale sales, inventories, I/S ratios . . . . . . . . . . . . . . . . . . Total vehicle sales (incl light weight): BEA . . . . . . Domestic and imported auto & truck sales/inventories: BEA Auto & truck seasonal factors: BEA . . . . . . . . . . . Domestic and imported auto and truck sales: Autodata Corp Manheim used vehicle value index . . . . . . . . . . . . Machine tool consumption . . . . . . . . . . . . . . . . Truck tonnage index . . . . . . . . . . . . . . . . . . . © Haver Analytics Vol 1: USECON - 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75 71 79 95 97 98 99 99 99 100 100 10/29/10 TABLE OF CONTENTS INTERNATIONAL DATA INT See also international interest & exchange rates beginning FIN-11 U.S. International transactions, quarterly BEA . . . . . . . . . . . 1 U.S. International trade in goods and services Census/BEA U.S. international trade in goods and services, BOP . . . . . . 4 U.S. international trade in services . . . . . . . . . . . . . 5 U.S. international trade in goods Current and constant dollars . . . . . . . . . . . . . . . . 6 U.S. trade in goods: reconciliation of BOP and Census data . . . . . . . . . . . . . . . . . . . . 7 Exports and imports by end-use commodity category Current & constant dollars, monthly . . . . . Imports of energy-related petroleum products . . Trade in petroleum and nonpetroleum goods . . . . Trade in advanced technology products . . . . . . . . . . 8 10 11 11 Exports, imports and balance of goods by selected countries and areas . . . . . . . . . . . . . . 12 Exports and imports of goods by principal SITC commodity grouping . . . . . . . . . . . . . . . . . . 16 Merchandise trade: reconciliation of Census & BOP data . . . . 17 Exports and imports on BOP basis, quarterly . . . . . . . . . . 18 U.S. merchandise trade by selected SIC-based product code DISCONTINUED . . . . . . . . . . . . . . . . . 19 U.S. merchandise trade by selected NAICS-based product code . . . . . . . . . . . . . . . . . . . . . . . . Exports & imports of motor vehicles & parts . . . . . . . . . . 22 25 U.S. Import and export price indexes by end-use category . . . . U.S. Import and export price indexes relative importances . . . . 26 27 © Haver Analytics Vol 1: USECON - 10 . . . . . . . . . . . . . . . . . . . . . . . . 10/29/10 TABLE OF CONTENTS CYCLICAL INDICATORS CI Leading, lagging and coincident indicators . . . . Other business cycle indicators . . . . . . . . . Misery index . . . . . . . . . . . . . . . . . . . UBS investor optimism . . . . . . . . . . . . . . . Consumer Attitudes . . . . . . . . . . . . . . . . Bankruptcy Filings . . . . . . . . . . . . . . . . Office and Industrial Vacancy Rates . . . . . . . . Mass Layoffs . . . . . . . . . . . . . . . . . . . Motor Vehicle Registrations . . . . . . . . . . . . Institute for Supply Management Report on Business Manufacturing . . . . . . . . . . . . . . . . . . Nonmanufacturing . . . . . . . . . . . . . . . . Purchasing Managers' Association of Chicago Business Survey . . . . . . . . . . . . . . . . . Transportation Services Index (TSI) . . . . . . . . Business Cycle Expansions and Contractions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 3 3 5 5 6 6 6 . . . . . . . . . . . . . . 7 9 . . . . . . . . . . . . . . . . . . . . . 11 13 14 POPULATION POP Annual estimates of resident population by age and sex . . . Bureau of the Census. Current Population Reports. P-25 Projections of resident population by age and sex to 2050 . . Bureau of the Census. Current Population Reports. P-25-1092 Monthly estimates of population by type . . . . . . . . . . . Bureau of the Census. Current Population Reports. P-25 Number of households . . . . . . . . . . . . . . . . . . . . Bureau of the Census. Current Population Survey. P-20 Civilian noninstitutional population . . . . . . . . . . . . Bureau of Labor Statistics. Employment and Earnings. Table A-4 Trends in income . . . . . . . . . . . . . . . . . . . . . . Bureau of the Census. Current Population Reports Poverty Status of People by Age, Race and Hispanic Origin . . Bureau of the Census. Historical Poverty Tables. Table 3 Motor Vehicles in the U.S. . . . . . . . . . . . . . . . . . Federal Highway Administration. Highway Statistics Number of licensed drivers in U.S. . . . . . . . . . . . . . Federal Highway Administration. Highway Statistics Application for immigration benefits . . . . . . . . . . . . Average precipitation and temperature . . . . . . . . . . . . Social security benefits . . . . . . . . . . . . . . . . . . Number of births and deaths . . . . . . . . . . . . . . . . . Health insurance coverage . . . . . . . . . . . . . . . . . . National health expenditures . . . . . . . . . . . . . . . . Hospital utilization in nonfederal short-stay hospitals . . . Medicaid and Medicare Enrollment . . . . . . . . . . . . . . Monthly Number of Births and Deaths . . . . . . . . . . . . . Tourism statistics . . . . . . . . . . . . . . . . . . . . . Resident status . . . . . . . . . . . . . . . . . . . . . . . © Haver Analytics Vol 1: USECON - 11 . . 1 . . 2 . . 4 . . 4 . . 6 . . 7 . . 11 . . 12 . . 13 . . . . . . . . . . . 14 14 14 14 15 15 16 17 17 18 20 . . . . . . . . . . . 10/29/10 © Haver Analytics Vol 1: USECON - 12 10/29/10 SELECTED INTEREST RATES Monthly averages of daily data, yields in percent per annum These interest rates are updated upon release by the Federal Reserve Board on the first Monday of the month. The Treasury's government security yields listed on page FIN-4 become available on the first business day of the new month. Variable FFED (5407-) Federal funds (effective) 1 FCP1 FCP2 FCP3 (7104-) (9701-) (7104-) FFP1 FFP2 FFP3 (5405-) (9701-) (7001-) FNF3S FNF3W (10810-) (10810-) Commercial paper 2 Nonfinancial 1-month 2-month 3-month Financial 3 1-month 2-month 3-month 3-month nonfinancial or financial commercial paper posted by Commercial Paper Funding Facility (CPFF): 22 Without surcharge With surcharge (6512-) (6406-) (6401-) CDs (secondary market) 1-month 3-month 6-month FDB1 FDB3 FDB6 (7101-) (7101-) (7101-) Eurodollar deposits (London) 1-month 3-month 6-month FBPR (4801-) Bank prime loan FDWBP FDWB (10301-) (4601-10212) Discount window primary credit at FRB NY Discount rate at FRB NY (DISCONTINUED) 7 FCDS1 FCDS3 FCDS6 FTB3 FTB6 FTBSO (4601-) (5901-) FTBS4W FTBS3 FTBS6 (10107-) (3401-) (5812-) 5 14 6 18 U.S. government securities Treasury bills Auction high 8 3-month (Jan 1931-present) 17 6-month 17 Short-term securities (Jan 1921-Mar 1934) Secondary market (bank-discount basis) 9 4-week 3-month 6-month 23 Please see footnotes on pages 2-3. © Haver Analytics Vol 1: FIN - 1 11/30/10 SELECTED INTEREST RATES FCM1M FCM3M FCM6M FCM1 FCM2 FCM3 FCM5 FCM7 FCM10 FCM20 FCM30 (10107-) (8109-) (8109-) (5304-) (7606-) (5304-) (5304-) (6907-) (5304-) (5304-) (7703-) FII5 FII7 FII10 FII20 FII30 (10301-) (10301-) (10301-) (10407-) (11002-) FCMX25 FLTI FLTG (7703-) (10301-) (2501-) FCSWP1 FCSWP2 FCSWP3 FCSWP4 FCSWP5 FCSWP7 FCSWP10 FCSWP30 (10007-) (10007-) (10007-) (10007-) (10007-) (10007-) (10007-) (10007-) FAAA FBAA FSLB FCM (2101-) (2101-) (4801-) (7104-) Source: 1 2 3 4 5 (continued) Treasury constant maturities 10 Nominal 1-month 3-month 6-month 1-year 2-year 3-year 5-year 7-year 10-year 20-year 15 30-year 20 Real (inflation-indexed, R-CMTs)19 5-year 7-year 10-year 20-year 30-year Treasury long-term average Nominal (over 25 years) DISCONTINUED 20 Real (inflation-indexed) 21 Composite(over 10 years: long-term) 11 Interest rate swaps 16 1-year 2-year 3-year 4-year 5-year 7-year 10-year 30-year Corporate bonds Moody's seasoned corporate bonds: Aaa Moody's seasoned corporate bonds: Baa Bond Buyer State and Local Govt bond index 12 Conventional 30-year mortgages 13 Board of Governors of the Federal Reserve System. "Selected Interest Rates." H.15 (415) See footnotes on the next page. Daily effective Fed funds rate is a weighted average of rates on trades through N.Y. brokers. All calendar days are included in monthly averages. Annualized using 360-day year or bank interest. Since 9/2/97 rates are interpolated from commercial paper trades settled by the Depository Trust Company. FRB warns that this is a break in these series. Trades are offers by dealers or direct issuers to investors. Quoted on a discount basis. Annualized using a 360-day year or bank interest. An average of offering rates on paper directly placed by finance companies. Since 9/2/97 rates are interpolated from commercial paper trades settled by the Depository Trust Company. FRB warns that this is a break in these series. Quoted on a discount basis. Annualized using a 360-day year or bank interest. Prior to November, 1979 maturities were 30-59, 90119 and 150-179 days. Representative closing yields for acceptances of the highest rated money center banks. Quoted on a bank discount basis. Annualized using a 360-day year or bank interest. An average of dealer offering rates on nationally traded certificates of deposit. Annualized using a 360-day year or bank interest. © Haver Analytics Vol 1: FIN - 2 11/30/10 SELECTED INTEREST RATES 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 (continued) One of the several base rates used by banks to price short-term business loans. All calendar days are included in monthly averages. Annualized using a 360-day year or bank interest. FDWB is the discount window borrowing rate at the Federal Reserve Bank of New York which was discontinued after January 8, 2003. It was replaced by the discount window primary credit (FDWBP) which is the rate charged for primary credit under an amendment to the Federal Reserve Board's Regulation A, effective January 9, 2003. Auction date for daily data. Monthly averages computed on an issue-date basis. Quoted on a discount basis. Annualized, using a 360-day year or bank interest. On and after October 28, 1998, data are stop yields from uniform-price auctions. Before that date, they are weighted average yields from multiple-price auctions. This series is no longer reported on the FRB H.15 release but it is updated by the Treasury Dept on the same day as the release. Quoted on a discount basis. Annualized using a 360-day year or bank interest. Yields on actively traded issues adjusted to constant maturities. Source: U.S. Treasury. Unweighted average of all issues outstanding of bonds neither due nor callable in less than 10 years. This series is no longer reported on the FRB H.15 release but is updated by the Treasury Department on the same day of the release. Average yield on general obligation bonds, 20 years to maturity, mixed quality; Thursday quotations. Contract interest rates on commitments for 30-yr fixed-rate first mortgages. Prime mortgages only. Source: FHLMC. Bid rates for Eurodollar deposits at 9:30 am. London time. Annualized, using a 360-day year. At the suggestion of FRB, data for 1986 through September 1993 are the average of the 10and 30-year constant maturity yields. International Swaps and Derivatives Association (ISDA) mid-market par swap rates. Rates are for a Fixed-Rate Payer in return for receiving three-month LIBOR, and are based on rates collected at 11:00 a.m. by Garban-Intercapital plc and published on Reuters Page ISDAFIX1. Source: Reuters Ltd. No longer reported in H.15 but updated by the Treasury Department on the same day. Discount window primary credit (FDWBP) is the rate charged for primary credit under an amendment to the Federal Reserve Board's Regulation A, which became effective January 9, 2003. This rate replaces that for adjustment credit (FDWB), which was discontinued after January 8, 2003. The rate reported is that for the Federal Reserve Bank of New York. Under the Board's new rule, primary credit will be extended at a rate above the fed funds rate to depository institutions judged in sound financial condition by the lending Federal Reserve Bank. Initially the rate was set at 100 basis points above the fed funds target rate. Yields on inflation-indexed securities at constant maturity (commonly referred to as Real Constant Maturity Treasury rates or R-CMTs) are yields on Treasury inflation protected securities (TIPS) adjusted to constant maturities and are interpolated by the U.S. Treasury from the daily yield curve for TIPS in the over-the-counter market. The inflation-indexed constant maturity yields are read from this yield curve at fixed maturities, currently 5, 7 and 10 years. This method provides a real yield for a 7 year maturity, for example, even if no outstanding security has exactly 7 years remaining to maturity. Monthly data for the 30-year Treasury bond do not exist prior to March 1977. The U.S. Treasury started issuing 30-year bonds in mid-February of 1977. Data for the 30-year Treasury bond are calculated by Haver Analytics from February 19, 2002 through February 8, 2006 using FRB extrapolation factors. When the Treasury stopped issuing 30-year bonds the Treasury ceased publication of the 30-year constant maturity series (FCM30 or FTB30Y) on 2/18/02. From 2/19/02 through 5/28/04, the 30-year constant maturity rate was calculated by adding the extrapolation factor (FCEX) to the Long-Term Average Rate (FCMX25). When the Long-Term Average Rate (FCM25) was also discontinued on June 1, 2004 due to a dearth of eligible bonds, the 30-year constant maturity rate was calculated by adding the extrapolation factor to the 20-year constant maturity rate (FCM20) from 6/1/04 through 2/8/06. The Treasury reissued new 30-year Bonds with an auction on Feb 9, 2006 and publication of the 30-year constant maturity yields was restored on the H.15 release. The calculation using extrapolation factors was discontinued; yield data starting on 2/9/06 are from the H.15 release. Long term real rate average is the unweighted average of bid yields on all outstanding Treasury inflation protected securities (TIPS) with remaining terms to maturity of more than 10 years. CPFF refers to the Federal Reserve's Commercial Paper Funding Facility. The rates are identical under the CPFF for financial and nonfinancial commercial paper. An issuer of commercial paper into the CPFF may avoid the surcharge by providing a collateral arrangement or endorsement that is acceptable to the Federal Reserve Bank of New York. Historical data from January 1921 through March 1934 are from the Federal Reserve Board and are average daily figures for the US Treasury three- to six-month notes and certificates. Beginning February 1931, data are averages of weekly rates discount on new Treasury three-month bills. Data for 1921 are for average daily figures for the week nearest the 15th of the month. Data for April-June 1928 are based on 6-9 month certificates. © Haver Analytics Vol 1: FIN - 3 11/30/10 SELECTED INTEREST RATES (continued) SELECTED INTEREST RATES UPDATED BEFORE FRB PUBLICATION Percent, monthly averages of daily data Append an E to variable code for an end of period series. FTB10YE, for example, is the 10-year EOP yield. Variable 1 Fed funds (effective) 2 Bank prime loan rate 3 FFEDT FBPRT Constant Maturity Treasury Yields FTB1M FTB3M FTB6M 1-month 3-month 6-month FTB1Y FTB2Y FTB3Y 1-year 2-year 3-year 4 FTB5Y 5-year FTB7Y 7-year FTB10Y 10-year FTB20Y FTB30Y 20-year 30-year Real or Inflation-Indexed Constant Maturity Treasury Yields FTII5 FTII7 FTII10 FTII20 FTII30 FTLTI 5-year 7-year 10-year 20-year 30-year Long-term Opening Price PZT30NO PZT30TO Interest Rate Futures Prices 3 Monthly Average Settlement Price PZT30N 30-year Treasury bond, 1st exp contract (nearby) PZT30T 30-year Treasury bond, 2nd exp contract (next) US Dollar Interest Rate Swap Rates Bid R111W1B R111W2B R111W3B R111W4B R111W5B R111W6B R111W7B R111W8B 1 2 3 4 5 Ask R111W1A R111W2A R111W3A R111W4A R111W5A R111W6A R111W7A R111W8A 1-year 2-year 3-year 4-year 5-year 6-year 7-year 8-year Bid R111W9B R111WAB R111WCB R111WFB R111WKB R111WPB R111WTB Ask R111W9A R111WAA R111WCA R111WFA R111WKA R111WPA R111WTA These series are updated by 5 p.m. the same day by the the Treasury Department. The Treasury market yields in following afternoon. Source: Federal Reserve Bank of New York Source: "The Wall Street Journal" Data prior to December 1993 are from Board statistical Source: Department of the Treasury. Office of Market Source: Financial Times © Haver Analytics Vol 1: FIN - 4 5 9-year 10-year 12-year 15-year 20-year 25-year 30-year Office of Market Finance at H.15 are updated the releases. Finance. 11/30/10 30-Year Bonds TREASURY NOTE AND BOND AUCTION DATA (Bureau of Public Debt) Monthly 20-Year TIPS FTA30YT (8002-) FTA30YTC(10602FTA30YTP(10602-) FTA30YTD(10602-) FTA30YTI(10602-) FTA30YTN(10602-) FTA30YTF(10602-) FTA30YTS(10602-) FTA30YTR(10602-) FTA20TT (10407-) Total amount tendered(Bil.$) FTA20TTC(10407-) Competitive FTA20TTP(10407-) Primary dealer 1 FTA20TTD(10407-) Direct bidder 2 FTA20TTI(10407-) Indirect bidder 3 FTA20TTN(10407-) + Noncompetitive -+ FIMA (noncompetitive) 4 FTA20TTS(10407-) = Subtotal FTA20TTR(10407-) + Federal Reserve FTA30YA (8002-) FTA30YAC(10602-) FTA30YAP(10602-) FTA30YAD(10602-) FTA30YAI(10602-) FTA30YAN(10602-) FTA30YAF(10602-) FTA30YAS(10602-) FTA30YAR(10602-) FTA20TA (10407-) Total amount accepted(Bil.$) FTA20TAC(10407-) Competitive FTA20TAP(10407-) Primary dealer 1 FTA20TAD(10407-) Direct bidder 2 FTA20TAI(10407-) Indirect bidder 3 FTA20TAN(10407-) + Noncompetitive -+ FIMA (noncompetitive) 4 FTA20TAS(10407-) = Subtotal FTA20TAR(10407-) + Federal Reserve 5 FTA30YBC(10602-) FTA20TBC(10407-) Bid-to-cover ratio FTA30YB (8002-) FTA20TB (10407-) Price at high rate (Price per $100) FTA30YH FTA30YI FTA30YO FTA30YJ FTA30YK FTA30YL FTA30YM FTA30YN FTA30YR (8002-) (8002-) (8008-) (8002-) (8002-) (8002-) (8002-) (8002-) (8002-) FTA20TH FTA20TI FTA20TO FTA20TJ FTA20TK FTA20TL FTA20TM FTA20TN FTA20TR (10407-) (10407-) (10501-) (10407-) (10407-) (10407-) (10407-) (10407-) (10407-) Allocation at high rate(%) Issue date Original issue date High equivalent yield (%) Avg/median equiv yield (%) Low equivalent yield (%) Maturity date Auction date Interest rate (%) 1 2 3 4 5 Primary dealers are submitters bidding for their own house accounts. Direct bidders are nonprimary dealer submitters bidding for their own house accounts. Indirect bidders are customers placing competitive bids through a direct submitter, including foreign & international monetary authorities placing bids through the New York Federal Reserve Bank. FIMA = Foreign & International Monetary Authorities. These are institutions such as foreign central banks, foreign governments and international official institutions. These institutions are customers of the Federal Reserve Bank and their identities are not published. Prior to 2001 FIMA was not included in the Subtotal Amounts. Bid-to-cover ratio is the subtotal amount tendered divided by the subtotal amount accepted. © Haver Analytics Vol 1: FIN - 5 11/30/10 10-Year TIPS TREASURY NOTE AND BOND AUCTION DATA (Bureau of Public Debt) Monthly 10-Year Notes FTA10TT (9701-) FTA10TTC (9801-) FTA10TTP(10307-) FTA10TTD(10307-) FTA10TTI(10307-) FTA10TTN (9801-) FTA10TTF(10501-) FTA10TTS (9801-) FTA10TTR (9801-) FTA10YT (8005-) Tot amount tendered(Bil.$) FTA10YTC (9808-) Competitive FTA10YTP(10305-) Primary dealer 1 FTA10YTD(10305-) Direct bidder 2 FTA10YTI(10305-) Indirect bidder 3 FTA10YTN (9808-) + Noncompetitive FTA10YTF (9808-) + FIMA (noncompetitive) 4 FTA10YTS (9808-) = Subtotal FTA10YTR (9808-) + Federal Reserve FTA10TA (9701-) FTA10TAC (9801-) FTA10TAP(10307-) FTA10TAD(10310-) FTA10TAI(10307-) FTA10TAN (9801-) FTA10TAF(10501-) FTA10TAS (9801-) FTA10TAR (9801-) FTA10YA (8005-) Total amount accepted(Bil$) FTA10YAC (9808-) Competitive FTA10YAP(10305-) Primary dealer 1 FTA10YAD(10305-) Direct bidder 2 FTA10YAI(10305-) Indirect bidder 3 FTA10YAN (9808-) + Noncompetitive FTA10YAF (9808-) + FIMA (noncompetitive) 4 FTA10YAS (9808-) = Subtotal FTA10YAR (9808-) + Federal Reserve FTA10TBC (9801-) FTA10YBC (9808-) Bid-to-cover ratio FTA10TB -- (9701-) FTA10YB FTA10YC (8005-) (8005-) FTA10YD FTA10YH FTA10YI FTA10YO FTA10YJ FTA10YK FTA10YL FTA10YM FTA10YN FTA10YR (8005-) (8005-) (8005-) (8005-) (8005-) (8005-) (8005-) (8005-) (8005-) (8005-) Price at high rate (Price per $100) Price at avg/median rate (Price per $100)(DISC) Price at low rate (Price per $100)(DISC) Allocation at high rate(%) Issue date Original issue date High equivalent yield (%) Avg/median equiv yield (%) Low equivalent yield (%) Maturity date Auction date Interest rate (%) -FTA10TH FTA10TI FTA10TO FTA10TJ FTA10TK FTA10TL FTA10TM FTA10TN FTA10TR 1 2 3 4 5 (9701-) (9701-) (9704-) (9701-) (9701-) (9701-) (9701-) (9701-) (9701-) 5 Primary dealers are submitters bidding for their own house accounts. Direct bidders are nonprimary dealer submitters bidding for their own house accounts. Indirect bidders are customers placing competitive bids through a direct submitter, including foreign & international monetary authorities placing bids through the New York Federal Reserve Bank. FIMA = Foreign & International Monetary Authorities. These are institutions such as foreign central banks, foreign governments and international official institutions. These institutions are customers of the Federal Reserve Bank and their identities are not published. Prior to 2001 FIMA was not included in the Subtotal Amounts. Bid-to-cover ratio is the subtotal amount tendered divided by the subtotal amount accepted. © Haver Analytics Vol 1: FIN - 6 11/30/10 Treasury Notes and Bonds Auction Data 7-Year Notes (Bureau of Public Debt) Monthly Variables FTA7YT FTA7YA FTA7YB FTA7YH FTA7YI FTA7YO FTA7YOA FTA7YJ FTA7YK FTA7YL FTA7YM FTA7YN FTA7YR (8002-) (8002-) (8002-) (8002-) (8002-) (10908-) (8002-) (8002-) (8002-) (8002-) (8002-) (8002-) (8002-) Total amount tendered (Bil.$) 6 Total amount accepted (Bil.$) 7 Price at high rate (Price per $100) Allocation at high rate (%) 9 Issue date 10 Original issue date 11 Offering amount (Bil.$) High equivalent yield (%) 12 Average/median equivalent yield (%) Low equivalent yield (%) 14 Maturity date 15 Auction date 16 Interest rate (%) [17] FTA7YT FTA7YTC FTA7YTP FTA7YTD FTA7YTI FTA7YTN FTA7YTF FTA7YTS FTA7YTR (8002-) (10902-) (10902-) (10902-) (10902-) (10902-) (10902-) (10902-) (10902-) Total amount tendered (Bil.$) Competitive Primary dealer 1 Direct bidder 2 Indirect bidder 3 + Noncompetitive + FIMA (noncompetitive) 4 = Subtotal + Federal Reserve 6 FTA7YA FTA7YAC FTA7YAP FTA7YAD FTA7YAI FTA7YAN FTA7YAF FTA7YAS FTA7YAR (8002-) (10902-) (10902-) (10902-) (10902-) (10902-) (10902-) (10902-) (10902-) Total amount accepted (Bil.$) Competitive Primary dealer 1 Direct bidder 2 Indirect bidder 3 + Noncompetitive + FIMA (noncompetitive) 4 = Subtotal + Federal Reserve 7 FTA7YBC (10902-) Bid-to-cover ratio © Haver Analytics 8 13 5 Vol 1: FIN - 7 11/30/10 _________________ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Primary dealers are submitters bidding for their own house accounts. Direct bidders are nonprimary dealer submitters bidding for their own house accounts. Indirect bidders are customers placing competitive bids through a direct submitter, including foreign & international monetary authorities placing bids through the New York Federal Reserve Bank. FIMA = Foreign & International Monetary Authorities. These are institutions such as foreign central banks, foreign governments and international official institutions. These institutions are customers of the Federal Reserve Bank and their identities are not published. Prior to 2001 FIMA was not included in the Subtotal Amounts. Bid-to-cover ratio is the subtotal amount tendered divided by the subtotal amount accepted. Total Amount Tendered. The sum of all bids received for a specific security on auction day. It also includes any amounts received from the Federal Reserve for their own accounts and for foreign and international monetary institutions. Total Amount Accepted. The sum of all bids accepted for a specific security on auction day. It also includes any amounts accepted from the Federal Reserve Banks for their own accounts and for foreign and international monetary institutions. Price at High Rate (bills only). In single- and multiple-price auctions, price associated with the highest discount rate accepted and awarded. In a price-based auction, price associated with the highest accepted and awarded discount rate received at the auction. Allocation Percentage at High Rate. Percentage determined at auction to prorate and award securities accepted at the high rate or yield. When the total amount of bids tendered exceeds the public offering amount, bids at the highest accepted rate or yield are only awarded a portion of their bid based on this percentage. Issue Date. This is the date when the securities are delivered to the investor in exchange for payment. Original Issue Date (notes, bonds, and TIPS only). Date on which a specific note or bond was issued for the first time. High Equivalent Yield (bills only). In single and multiple price auctions, the equivalent yield associated with the highest discount rate accepted and awarded. In a price-based auction, it is the equivalent yield associated with the lowest price accepted. Average/Median Equivalent Yield (bills only). In a single-price auction, 50 percent of the amount of accepted competitive tenders is tendered at or below the median yield. In a multiple-price auction, the average is the weighted average of all accepted competitive yields. In a price-based auction, it is the yield associated with the weighted average of all accepted competitive prices. Low Equivalent Yield (bills only). In a single-price auction, five percent of the amount of accepted competitive tenders was tendered at or below the rate associated with this yield. In a multiple-price auction, the lowest yield accepted and awarded to competitive bidders. In a price-based auction, it is the yield associated with the highest price accepted at the auction. Maturity Date. This is the date on which the face value, or inflationadjusted principal, of a security is paid to the investor. The security also stops earning interest on this date. Auction Date. This is the date on which the auction for a specific Treasury security is held. Interest Rate (notes, bonds, and TIPS only). Annual percentage rate paid on the face value of the security. © Haver Analytics Vol 1: FIN - 8 11/30/10 TREASURY NOTE AND BOND AUCTION DATA (Bureau of Public Debt) Monthly 5-Year Notes 5-Year TIPS FTA5TT FTA5TTC FTA5TTP FTA5TTD FTA5TTI FTA5TTN FTA5TTF FTA5TTS FTA5TTR (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) FTA5YT FTA5YTC FTA5YTP FTA5YTD FTA5YTI FTA5YTN FTA5YTF FTA5YTS FTA5YTR (8002-) (9808-) (10305-) (10305-) (10305-) (9808-) (9808-) (9808-) (9808-) Total amount tendered (Bil.$) Competitive Primary dealer 1 Direct bidder 2 Indirect bidder 3 + Noncompetitive + FIMA (noncompetitive) 4 = Subtotal + Federal Reserve FTA5TA FTA5TAC FTA5TAP FTA5TAD FTA5TAI FTA5TAN FTA5TAF FTA5TAS FTA5TAR (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) FTA5YA FTA5YAC FTA5YAP FTA5YAD FTA5YAI FTA5YAN FTA5YAF FTA5YAS FTA5YAR (8002-) (9808-) (10305-) (10305-) (10305-) (9808-) (9808-) (9808-) (9808-) Total amount accepted (Bil.$) Competitive Primary dealer 1 Direct bidder 2 Indirect bidder 3 + Noncompetitive + FIMA (noncompetitive) 4 = Subtotal + Federal Reserve FTA5TBC (10410-) FTA5YBC (9808-) Bid-to-cover ratio FTA5TB FTA5TH FTA5TI FTA5TJ FTA5TK FTA5TL FTA5TM FTA5TN FTA5TR (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) FTA5YB FTA5YH FTA5YI FTA5YJ FTA5YK FTA5YL FTA5YM FTA5YN FTA5YR (8002-) (8002-) (8002-) (8002-) (8002-) (8002-) (8002-) (8002-) (8002-) Price at high rate (Price per $100) Allocation at high rate (%) Issue date High equivalent yield (%) Average/median equivalent yield (%) Low equivalent yield (%) Maturity date Auction date Interest rate (%) 1 2 3 4 5 5 Primary dealers are submitters bidding for their own house accounts. Direct bidders are nonprimary dealer submitters bidding for their own house accounts. Indirect bidders are customers placing competitive bids through a direct submitter, including foreign & international monetary authorities placing bids through the New York Federal Reserve Bank. FIMA = Foreign & International Monetary Authorities. These are institutions such as foreign central banks, foreign governments and international official institutions. These institutions are customers of the Federal Reserve Bank and their identities are not published. Prior to 2001 FIMA was not included in the Subtotal Amounts. Bid-to-cover ratio is the subtotal amount tendered divided by the subtotal amount accepted. © Haver Analytics Vol 1: FIN - 9 11/30/10 TREASURY NOTE AND BOND AUCTION DATA (Bureau of Public Debt) Monthly 2-Year Notes 3-Year Notes FTA3YT FTA3YTC FTA3YTP FTA3YTD FTA3YTI FTA3YTN FTA3YTF FTA3YTS FTA3YTR (8002-) (10305-) (10305-) (10305-) (10305-) (10305-) (10305-) (10305-) (10305-) FTA2YT FTA2YTC FTA2YTP FTA2YTD FTA2YTI FTA2YTN FTA2YTF FTA2YTS FTA2YTR (8001-) (9807-) (10305-) (10305-) (10305-) (9807-) (9807-) (9807-) (9807-) Total amount tendered (Bil.$) Competitive Primary dealer 1 Direct bidder 2 Indirect bidder 3 + Noncompetitive + FIMA (noncompetitive) 4 = Subtotal + Federal Reserve FTA3YA FTA3YAC FTA3YAP FTA3YAD FTA3YAI FTA3YAN FTA3YAF FTA3YAS FTA3YAR (8002-) (10305-) (10305-) (10305-) (10305-) (10305-) (10305-) (10305-) (10305-) FTA2YA FTA2YAC FTA2YAP FTA2YAD FTA2YAI FTA2YAN FTA2YAF FTA2YAS FTA2YAR (8001-) (9807-) (10305-) (10305-) (10305-) (9807-) (9807-) (9807-) (9807-) Total amount accepted (Bil.$) Competitive Primary dealer 1 Direct bidder 2 Indirect bidder 3 + Noncompetitive + FIMA (noncompetitive) 4 = Subtotal + Federal Reserve FTA3YBC (10305-) FTA2YBC (9807-) Bid-to-cover ratio Price at high rate (Price per $100) Price at average/median rate (Price per $100)(DISC) Price at low rate (Price per $100) (DISCONTINUED) Allocation at high rate (%) Issue date Original issue date High equivalent yield (%) Average/median equivalent yield (%) Low equivalent yield (%) Maturity date Auction date Interest rate (%) FTA3YB FTA3YC (8002-) (8002-) FTA2YB FTA2YC (8001-) (8001-) FTA3YD (8002-) FTA2YD (8001-) FTA3YH FTA3YI FTA3YO FTA3YJ FTA3YK FTA3YL FTA3YM FTA3YN FTA3YR (8002-) (8002-) (8805-) (8002-) (8002-) (8002-) (8002-) (8002-) (8002-) FTA2YH FTA2YI FTA2YO FTA2YJ FTA2YK FTA2YL FTA2YM FTA2YN FTA2YR (8001-) (8001-) (8209-) (8001-) (8001-) (8001-) (8001-) (8001-) (8001-) 1 2 3 4 5 5 Primary dealers are submitters bidding for their own house accounts. Direct bidders are nonprimary dealer submitters bidding for their own house accounts. Indirect bidders are customers placing competitive bids through a direct submitter, including foreign & international monetary authorities placing bids through the New York Federal Reserve Bank. FIMA = Foreign & International Monetary Authorities. These are institutions such as foreign central banks, foreign governments and international official institutions. These institutions are customers of the Federal Reserve Bank and their identities are not published. Prior to 2001 FIMA was not included in the Subtotal Amounts. Bid-to-cover ratio is the subtotal amount tendered divided by the subtotal amount accepted. © Haver Analytics Vol 1: FIN - 10 11/30/10 TREASURY NOTE AND BOND AUCTION DATA (Bureau of Public Debt) Monthly, October 2008-present 6-Year & 10-Month Note 6-Year & 7-Month Note 6-Year & 4-Month Note FTA6YTT FTA6YTA FTA6YTB FTA6YTH FTA6YTI FTA6YTO FTA6YTJ FTA6YTK FTA6YTL FTA6YTM FTA6YTN FTA6YTR FTA6Y7T FTA6Y7A FTA6Y7B FTA6Y7H FTA6Y7I FTA6Y7O FTA6Y7J FTA6Y7K FTA6Y7L FTA6Y7M FTA6Y7N FTA6Y7R FTA6Y4T FTA6Y4A FTA6Y4B FTA6Y4H FTA6Y4I FTA6Y4O FTA6Y4J FTA6Y4K FTA6Y4L FTA6Y4M FTA6Y4N FTA6Y4R Total amount tendered (Bil.$) Total amount accepted (Bil.$) Price at high rate (Price per $100) Allocation at high rate (%) Issue date Original issue date High equivalent yield (%) Average/median equivalent yield (%) Low equivalent yield (%) Maturity date Auction date Interest rate (%) FTA6YTT FTA6YTTC FTA6YTTP FTA6YTTD FTA6YTTI FTA6YTTN FTA6YTTF FTA6YTTS FTA6YTTR FTA6Y7T FTA6Y7TC FTA6Y7TP FTA6Y7TD FTA6Y7TI FTA6Y7TN FTA6Y7TF FTA6Y7TS FTA6Y7TR FTA6Y4T FTA6Y4TC FTA6Y4TP FTA6Y4TD FTA6Y4TI FTA6Y4TN FTA6Y4TF FTA6Y4TS FTA6Y4TR Total amount tendered (Bil.$) Competitive Primary dealer 1 Direct bidder 2 Indirect bidder 3 + Noncompetitive + FIMA (noncompetitive) 4 = Subtotal + Federal Reserve FTA6YTA FTA6YTAC FTA6YTAP FTA6YTAD FTA6YTAI FTA6YTAN FTA6YTAF FTA6YTAS FTA6YTAR FTA6Y7A FTA6Y7AC FTA6Y7AP FTA6Y7AD FTA6Y7AI FTA6Y7AN FTA6Y7AF FTA6Y7AS FTA6Y7AR FTA6Y4A FTA6Y4AC FTA6Y4AP FTA6Y4AD FTA6Y4AI FTA6Y4AN FTA6Y4AF FTA6Y4AS FTA6Y4AR Total amount accepted (Bil.$) Competitive Primary dealer 1 Direct bidder 2 Indirect bidder 3 + Noncompetitive + FIMA (noncompetitive) 4 = Subtotal + Federal Reserve FTA6YTBC FTA6Y7BC FTA6Y4BC Bid-to-cover ratio 1 2 3 4 5 5 Primary dealers are submitters bidding for their own house accounts. Direct bidders are nonprimary dealer submitters bidding for their own house accts. Indirect bidders are customers placing competitive bids through a direct submitter, including foreign & international monetary authorities placing bids through the New York Federal Reserve Bank. FIMA = Foreign & International Monetary Authorities. These are institutions such as foreign central banks, foreign governments and international official institutions. These institutions are customers of the Federal Reserve Bank and their identities are not published. Prior to 2001 FIMA was not included in the Subtotal Amounts. Bid-to-cover ratio is the subtotal amount tendered divided by the subtotal amount accepted. © Haver Analytics Vol 1: FIN - 11 11/30/10 Auction Allotments by Investor Class for Treasury Notes and TIPs Billions of Dollars Monthly Variable FTA2YAB FTA2YAG FTA2YAH FTA2YAO FTA2YAV FTA2YAY FTA2YAZ (10001-) (10001-) (10001-) (10001-) (10001-) (10001-) (10001-) Treasury 2-Year Notes: Dealers and Brokers Foreign and International Individuals Other and Noncompetitive Investment Funds Depository Institutions Private Pension, Retirement Funds, & Insurance Co. FTA5YAB FTA5YAG FTA5YAH FTA5YAO FTA5YAV FTA5YAY FTA5YAZ (10002-) (10002-) (10002-) (10002-) (10002-) (10002-) (10002-) Treasury 5-Year Notes: Dealers and Brokers Foreign and International Individuals Other and Noncompetitive Investment Funds Depository Institutions Private Pension, Retirement Funds, & Insurance Co. FTA10YAB FTA10YAG FTA10YAH FTA10YAO FTA10YAV FTA10YAY FTA10YAZ (10002-) (10002-) (10002-) (10002-) (10002-) (10002-) (10002-) Treasury 10-Year Notes: Dealers and Brokers Foreign and International Individuals Other and Noncompetitive Investment Funds Depository Institutions Private Pension, Retirement Funds, & Insurance Co. FTA5TAB FTA5TAG FTA5TAH FTA5TAO FTA5TAV FTA5TAY FTA5TAZ (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) (10410-) Treasury 5-Year TIPs (inflation-protected): Dealers and Brokers Foreign and International Individuals Other and Noncompetitive Investment Funds Depository Institutions Private Pension, Retirement Funds, & Insurance Co. Source: Office of Debt Management. Department of the Treasury. © Haver Analytics Vol 1: FIN - 12 11/30/10 Auction Allotments by Investor Class for Treasury Notes and TIPs Billions of Dollars Monthly Variable FTA10TAB FTA10TAG FTA10TAH FTA10TAO FTA10TAV FTA10TAY FTA10TAZ (10001-) (10001-) (10001-) (10001-) (10001-) (10001-) (10001-) Treasury 10-Year TIPs (inflation-protected): Dealers and Brokers Foreign and International Individuals Other and Noncompetitive Investment Funds Depository Institutions Private Pension, Retirement Funds, & Insurance Co. FTA20TAB FTA20TAG FTA20TAH FTA20TAO FTA20TAV FTA20TAY FTA20TAZ (10407-) (10407-) (10407-) (10407-) (10407-) (10407-) (10407-) Treasury 20-Year TIPs (inflation-protected): Dealers and Brokers Foreign and International Individuals Other and Noncompetitive Investment Funds Depository Institutions Private Pension, Retirement Funds, & Insurance Co. FTA30YAB FTA30YAG FTA30YAH FTA30YAO FTA30YAV FTA30YAY FTA30YAZ (10407-) (10407-) (10407-) (10407-) (10407-) (10407-) (10407-) Treasury 30-Year Bonds: Dealers and Brokers Foreign and International Individuals Other and Noncompetitive Investment Funds Depository Institutions Private Pension, Retirement Funds, & Insurance Co. Source: Office of Debt Management. Department of the Treasury. YIELD SPREADS AND IMPLIED INFLATION RATE Variable FIN5 FIN10 FINF 1 2 3 (10301-) (10301-) (10301-) Yields in percent per annum 5-year nominal Treasury yield minus 5-year TIP yield 1 10-year nominal Treasury yield minus 10-year TIP yield Implied 5-year forward inflation rate 3 2 FIN5 is the 5-year Treasury Yield at Constant Maturity (FCM5) minus the 5-year inflation-indexed Treasury Yield at Constant Maturity (FII5). FIN10 is the 10-year Treasury Yield at Constant Maturity (FCM10) minus the 10-year inflation-indexed Treasury Yield Constant Maturity (FII10). The 5-year forward inflation rate is the average inflation rate the 5- and 10-year TIP yields indicate that the market expects in years 6 through 10. This is obtained by dividing the total inflation expected over the entire 10 years [(1+10Yr TIP Spread)^10] by the total inflation expected over the first 5 years [1+5Yr TIP Spread)^5] and then taking this ratio's 5th root (equivalent to raising it to the 0.2 power) to get the average annual rate. © Haver Analytics Vol 1: FIN - 13 11/30/10 On and Off the Run Treasuries Average of Daily Figures Variable F30JON F10JON F10JOF F05JON F05JOF F02JON F02JOF (9707-) (9707-) (10306-) (9707-) (10305-) (9707-) (10303-) F10JINT F05JINT F02JINT (10303-) (10303-) (10303-) Yield in percent per annum 30-year Treasury bond on the run (%) 10-year Treasury note on the run (%) 10-year Treasury note off the run (%) 5-year Treasury note on the run (%) 5-year Treasury note off the run (%) 2-year Treasury note on the run (%) 2-year Treasury note off the run (%) Contract interest rate 10-year Treasury note on the run (%) 5-year Treasury note on the run (%) 2-year Treasury note on the run (%) Source: The New York Times. End of Month FTBTR1ME FTBTR3ME FTBTR6ME FCMTR2YE FCMTR5YE FCMTR10E FCMTR30E FTBID1ME FTBID3ME FTBID6ME FCMID2YE FCMID5YE FCMID10E FCMID30E FTBRS3E FTBRS6E FTBIS3E FTBIS6E 1 2 Treasury Bill and Note Total Return Indexes 1 Monthly Averages Constant Maturity Total Return (%) (10107-) 1-Month Treasury bill (8109-) 3-Month Treasury bill (8109-) 6-Month Treasury bill (7606-) 2-year Treasury note (6601-) 5-year Treasury note (6201-) 10-year Treasury note (7704-) 30-year Treasury bond Constant Maturity Total Return Index (10107-)FTBID1M (10108-) 1-month Treasury bill (7/30/2001=100) (8108-) FTBID3M (8109-) 3-month Treasury bill (8/31/81=100) (8108-) FTBID6M (8109-) 6-month Treasury bill (8/31/81=100) (7606-) FCMID2Y (7606-) 2-year Treasury note (6/1/76=100) (6601-) FCMID5Y (6601-) 5-year Treasury note (1/1/62=100) (6201-) FCMID102(6201-) 10-year Treasury note (1/1/62=100) (7703-) FCMID30 (7703-) 30-year Treasury bond (1/1/62=100) Secondary Market Total Return (%) (5401-) 3-month Treasury bill (5901-) 6-month Treasury bill Secondary Market Total Return Index (5401-) FTBIS3 3-month Treasury bill (1/1/54=100) (5901-) FTBIS6 6-month Treasury bill (1/1/59=100) Calculated by Haver Analytics from Treasury bill constant maturity yields. The calculation assumes that the holding is rolled every trading day into a new instrument of like maturity. The return is calculated like that for regular coupon securities, that is, the sum of the daily interest accrual plus the price change. The calculation includes interest accrual over weekends and on holidays, so the total return the next trading day is cumulative of all days since the last trading day. Data prior to January 1962 are calculated from monthly average constant maturity yields as published by the Federal Reserve. Beginning January 1962, the data are the monthly averages of daily 10-year total return index calculated by Haver Analytics. © Haver Analytics Vol 1: FIN - 14 11/30/10 TREASURY INFLATION-INDEXED and UNADJUSTED SECURITIES Monthly Variable Real yield varies because principal is adjusted to the CPI-U semi-annually: F30J10I FTHJ01I F30J99I F30J98I (11003-) (10111-) (9904-) (9805-) 30-Year Treasury bond (2.125%) due 30-1/2 year Treas bond (3.375%)due 30-year Treasury bond (3.875%) due 30-year Treasury bond (3.625%) due 2/15/40 4/15/32 4/15/29 4/15/28 F20J09I F20J08I F20J07I F20J06I F20J04I (11001-) (11001-) (11001-) (11001-) (10408-) 20-Year 20-Year 20-Year 20-Year 20-year Treasury Treasury Treasury Treasury Treasury bond bond bond bond note (2.500%) (1.750%) (2.375%) (2.000%) (2.375%) due due due due due 1/15/29 1/15/28 1/15/27 1/15/26 1/15/25 F10J10JI F10J10I F10J09JI F10J09I F10J08MI F10J08I F10J07JI F10J07I F10J06JI F10J06I F10J05JI F10J05I F10J04JI F10J04I F10J03I F10J02I F10J02JI F10J01I F10J00I F10J99I F10J98I (11007-) (11002-) (10907-) (10901-) (10808-) (10802-) (10708-) (10701-) (10608-) (10602-) (10508-) (10502-) (10408-) (10402-) (10308-) (10208-) (10202-) (10102-) (10002-) (9901-) (9802-) 10-year 10-year 10-year 10-year 10-year 10-year 10-Year 10-Year 10-year 10-year 10-year 10-year 10-year 10-year 10-year 10-Year 10-Year 10-Year 10-year 10-year 10-year Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury note note note note note note note note note note note note note note note note note note bond note bond (1.250%) (1.375%) (1.875%) (2.125%) (1.375%) (1.625%) (2.625%) (2.375%) (2.500%) (2.000%) (1.875%) (1.625%) (2.000%) (2.000%) (1.875%) (3.0%) (3.375%) (3.5%) (4.25%) (3.875%) (3.625%) due due due due due due due due due due due due due due due due due due due due due 7/15/20 1/15/20 7/15/19 1/15/19 7/15/18 1/15/18 7/15/17 1/15/17 7/15/16 1/15/16 7/15/15 1/15/15 7/15/14 1/15/14 7/15/13 7/15/12 1 1/15/12 1/15/11 1/15/10 MATURED 1/15/09 MATURED 1/15/08 MATURED F05J06I F05J04I (10605-) (10411-) 5-year 5-year Treasury note (2.375%) due Treasury note (0.875%) due 4/15/11 4/15/10 MATURED Source: 1 The Wall Street Journal The 10-Year Treasury note (3.0%) due 7/15/12 (F10J02I) was reissued on 10/15/02. It was originally issued on 7/15/02. © Haver Analytics Vol 1: FIN - 15 11/30/10 TREASURY INFLATION-INDEXED and UNADJUSTED SECURITIES Monthly Variable Real yield varies because principal is adjusted to the CPI-U semi-annually: Unadjusted, for comparison: F30J10 F30J01 F30J99 F30J98 (11003-) (10102-) (9909-) (9804-) 30-Year 30-year 30-year 30-year Treasury Treasury Treasury Treasury bond bond bond bond (4.625%) (5.375%) (6.125%) (6.125%) due 2/15/40 due 2/15/31 due 8/15/29 due 11/15/27 F10J09J F10J09 F10J08M F10J08 F10J07J F10J07 F10J06J F10J06 F10J05J F10J05 F10J04N F10J04J F10J04 F10J0312 F10J038 F10J03 F10J031 F10J02 F10J01 F10J00 F10J99 F10J98 (10905-) (10901-) (10805-) (10711-) (10706-) (10611-) (10606-) (10512-) (10506-) (10503-) (10412-) (10406-) (10403-) (10312-) (10309-) (10308-) (10303-) (10209-) (10102-) (10003-) (9811-) (9803-) 10-year 10-year 10-year 10-year 10-Year 10-Year 10-year 10-year 10-Year 10-Year 10-year 10-year 10-year 10-year 10-year 10-year 10-year 10-year 10-year 10-year 10-year 10-year Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury note note note note note note note note note note note note note note note note note note note note note note (3.625%) (3.75%) (3.875%) (4.25%) (4.5%) (4.625%) (5.125%) (4.50%) (4.125%) (4.00%) (4.25%) (4.75%) (4.00%) (4.25%) (4.25%) (3.625%) (3.875%) (4.375%) (5.0%) (6.5%) (4.75%) (5.50%) due due due due due due due due due due due due due due due due due due due due due due F05J08 F05J07 F05J06 F05J05 F05J04 (10805-) (10705-) (10605-) (10503-) (10412-) 5-year 5-year 5-year 5-year 5-year Treasury Treasury Treasury Treasury Treasury note note note note note (3.125%) (4.5%) (4.875%) (4.00%) (3.50%) due 4/30/13 due 4/30/12 due 4/30/11 due 3/15/10 MATURED due 11/15/09 MATURED Source: 5/15/19 11/15/18 5/15/18 11/15/17 5/15/17 11/15/16 5/15/16 11/15/15 5/15/15 2/15/15 11/15/14 5/15/14 2/15/14 11/15/13 8/15/13 5/15/13 2/15/13 8/15/12 2/15/11 2/15/10 MATURED 1/15/09 MATURED 2/15/08 MATURED The Wall Street Journal © Haver Analytics Vol 1: FIN - 16 11/30/10 Average FFEDTAR FFEDTAH FFEDTAL Average (9701-) FMLCG FMLDO FMLBR FMLCL FRB FED FUNDS TARGET Monthly, January 1984-present EOP FFEDTARE FFEDTAHE FFEDTALE EOP Fed funds target set by the FOMC Upper limit 2 Lower limit 2 FMLCGE FMLDOE FMLBRE FMLCLE Corporate & Government Master Domestic Master Broad Market Large Cap Average FMLCGW (9411-) FMLDOW (9411-) FMLBRW (9701-) FMLCLW (10001-) Broad Market: Yield to Worst EOP FMLCGWE (9410-) Corporate & Government Master FMLDOWE (9410-) Domestic Master FMLBRWE (9612-) Broad Market FMLCLWE (9612-) Large Cap Average FMLCGM (8611-) FMLDOM (8904-) FMLBRM (9701-) FMLCLM (10001-) Broad Market: Yield to Maturity EOP FMLCGME (8610-) Corporate & Government Master FMLDOME (8901-) Domestic Master FMLBRME (9612-) Broad Market FMLCLME (9612-) Large Cap 1 1 MERRILL LYNCH U.S. BOND YIELDS Broad Market: Effective Yield (9612-) (10001-) 1 Starting on Dec 16, 2008, the series FFEDTAR contains the average of the upper and lower limits of the target range of the fed funds rate. Prior to Dec 16, 2008 the fed funds target rate was a fixed rate. 2009 FOMC Meetings: January 27-28 March 17-18 April 28-29 June 23-24 August 11-12 September 22-23 November 3-4 December 15-16 Data starting in June 1989 are from the Federal Open Market Committee (FOMC) of the Board of Governors of Federal Reserve System. Data prior to June 1989 are from the Federal Reserve Bank of St. Louis based on a 2005 working paper "A New Federal Funds Rate Target Series: September 27, 1982 - December 31, 1993" by Daniel L. Thornton. (http://research.stlouisfed.org/wp/2005/2005-032.pdf). The figures from this 2005 working paper are an update of previous figures Mr. Thornton reported in a 2000 working paper "A History of Asymmetric Policy Directive" co-written by David C. Wheelock. Beginning in 1994, the FOMC began announcing changes in its policy stance, and in 1995 it began to explicitly state its target level for the federal funds rate. For the monthly end-of-period target rate, Haver updates the current month with the latest Federal Funds Target Rate before the end of the month if there is an FOMC meeting during the month (change or no change in the rate) or if the Federal Reserve Board changes the rate between FOMC meetings. 2 History prior to December 16, 2008 is Fed Funds Target Rate. No upper or lower bounds were reported before then. © Haver Analytics Vol 1: FIN - 17 11/30/10 Merrill Lynch U.S. Bond Yields Corporates: Effective Yield Average January 1997-present Corporate FMLCT Total By maturity: 1-3 Yrs 3-5 Yrs 5-7 Yrs 7-10 Yrs 1-5 Yrs 5-10 Yrs 1-10 Yrs 10-15 Yrs 15+ Yrs 10+ Yrs By rating: AAA Rated AA Rated A Rated BBB Rated By rating and maturity of 15 years: AA-AAA Rated A-AAA Rated AAA Rated AA Rated A Rated BBB-A Rated BBB Rated All Yankees FMLC1 FMLC3 FMLC5 FMLC7 FMLCX FMLCY FMLCZ FMLCS FMLCU FMLCV FMLC3A FMLC2A FMLC1A FMLC3B FMLC8B FMLC80 FMLCUA FMLCUF FMLCUB FMLC8C FMLCU4 FMLCK Industrial FMLCIT Financial FMLCFT Utility FMLCUT FMLCI1 FMLCI3 FMLCI5 FMLCI7 FMLCIX FMLCIY FMLCIZ FMLCIV FMLCF1 FMLCF3 FMLCF5 FMLCF7 FMLCFX FMLCFY FMLCFZ FMLCFV FMLCU1 FMLCU3 FMLCU5 FMLCU7 FMLCUX FMLCUY FMLCUZ FMLCUV FMLI3A FMLI2A FMLI1A FMLI3B FMLF3A FMLF2A FMLF1A FMLF3B FMLU3A FMLU2A FMLU1A FMLU3B © Haver Analytics (9801-) Vol 1: FIN - 18 Total By maturity: 1-3 Yrs 3-5 Yrs 5-7 Yrs 7-10 Yrs 1-5 Yrs 5-10 Yrs 1-10 Yrs 10+ Yrs By rating: AAA Rated AA Rated A Rated BBB Rated 11/30/10 Merrill Lynch U.S. Bond Yields Corporates: Yield to Worst Average Corporate (November 1994-present) FMLCTW Total By maturity: 1-3 Yrs 3-5 Yrs 5-7 Yrs 7-10 Yrs 1-5 Yrs 5-10 Yrs 1-10 Yrs 10-15 Yrs 15+ Yrs 10+ Yrs By rating: AAA Rated AA Rated A Rated BBB Rated By rating and maturity of 15 years: AA-AAA Rated A-AAA Rated AAA Rated AA Rated A Rated BBB-A Rated BBB Rated All Yankees FMLC1W FMLC3W FMLC5W FMLC7W FMLCXW FMLCYW FMLCZW FMLCSW FMLCUW FMLCVW FMLC3AW FMLC2AW FMLC1AW FMLC3BW FMLC8BW FMLC80W FMLCUAW FMLCUFW FMLCUBW FMLC8CW FMLCU4W FMLCKW (9701-) (9701-) (9701-) (9701-) (9701-) (9701-) (9701-) Industrial Financial Utility (January 1997-present) FMLCITW FMLCFTW FMLCUTW FMLCI1W FMLCI3W FMLCI5W FMLCI7W FMLCIXW FMLCIYW FMLCIZW FMLCIVW FMLCF1W FMLCF3W FMLCF5W FMLCF7W FMLCFXW FMLCFYW FMLCFZW FMLCFVW FMLCU1W FMLCU3W FMLCU5W FMLCU7W FMLCUXW FMLCUYW FMLCUZW FMLCUVW FMLI3AW FMLI2AW FMLI1AW FMLI3BW FMLF3AW FMLF2AW FMLF1AW FMLF3BW FMLU3AW FMLU2AW FMLU1AW FMLU3BW © Haver Analytics (9801-) Vol 1: FIN - 19 Total By maturity: 1-3 Yrs 3-5 Yrs 5-7 Yrs 7-10 Yrs 1-5 Yrs 5-10 Yrs 1-10 Yrs 10+ Yrs By rating: AAA Rated AA Rated A Rated BBB Rated 11/30/10 Merrill Lynch U.S. Bond Yields Corporates: Yield to Maturity Average Corporate FMLCTM (8611-) FMLC1M FMLC3M FMLC5M FMLC7M FMLCXM FMLCYM FMLCZM FMLCSM FMLCUM FMLCVM (8611-) (8611-) (9004-) (9207-) (8611-) (8611-) (8611-) (8611-) (8611-) (8704-) FMLC3AM FMLC2AM FMLC1AM FMLC3BM (8901-) (8901-) (8901-) (8901-) FMLC8BM FMLC80M FMLCUAM FMLCUFM FMLCUBM FMLC8CM FMLCU4M FMLCKM (9701-) (9701-) (9701-) (9701-) (9701-) (9701-) (9701-) (8611-) Total By maturity: 1-3 Yrs 3-5 Yrs 5-7 Yrs 7-10 Yrs 1-5 Yrs 5-10 Yrs 1-10 Yrs 10-15 Yrs 15+ Yrs 10+ Yrs By rating: AAA Rated AA Rated A Rated BBB Rated By rating and maturity of 15 years: AA-AAA Rated A-AAA Rated AAA Rated AA Rated A Rated BBB-A Rated BBB Rated All Yankees Industrial FMLCITM Financial FMLCFTM FMLCI1M FMLCI3M FMLCI5M FMLCI7M FMLCIXM FMLCIYM FMLCIZM FMLCIVM FMLCF1M FMLCF3M FMLCF5M FMLCF7M FMLCFXM FMLCFYM FMLCFZM FMLCFVM FMLI3AM FMLI2AM FMLI1AM FMLI3BM FMLF3AM FMLF2AM FMLF1AM FMLF3BM © Haver Analytics Utility (January 1997-present) FMLCUTM Total By maturity: FMLCU1M 1-3 Yrs FMLCU3M 3-5 Yrs FMLCU5M 5-7 Yrs FMLCU7M 7-10 Yrs FMLCUXM 1-5 Yrs FMLCUYM 5-10 Yrs FMLCUZM 1-10 Yrs FMLCUVM 10+ Yrs By rating: FMLU3AM (9801-) AAA Rated FMLU2AM AA Rated FMLU1AM A Rated FMLU3BM BBB Rated Vol 1: FIN - 20 11/30/10 Merrill Lynch U.S. Bond Yields Corporates: Effective Yield End of Period December, 1996-present Corporate FMLCTE Total By maturity: 1-3 Yrs 3-5 Yrs 5-7 Yrs 7-10 Yrs 1-5 Yrs 5-10 Yrs 1-10 Yrs 10-15 Yrs 15+ Yrs 10+ Yrs By rating: AAA Rated AA Rated A Rated BBB Rated By rating and maturity of 15 years: AA-AAA Rated A-AAA Rated AAA Rated AA Rated A Rated BBB-A Rated BBB Rated All Yankees FMLC1E FMLC3E FMLC5E FMLC7E FMLCXE FMLCYE FMLCZE FMLCSE FMLCUE FMLCVE FMLC3AE FMLC2AE FMLC1AE FMLC3BE FMLC8BE FMLC80E FMLCUAE FMLCUFE FMLCUBE FMLC8CE FMLCU4E FMLCKE (9612-) (9612-) (9612-) (9612-) (9612-) (9612-) (9612-) Industrial Financial Utility FMLCITE FMLCFTE FMLCUTE FMLCI1E FMLCI3E FMLCI5E FMLCI7E FMLCIXE FMLCIYE FMLCIZE FMLCIVE FMLCF1E FMLCF3E FMLCF5E FMLCF7E FMLCFXE FMLCFYE FMLCFZE FMLCFVE FMLCU1E FMLCU3E FMLCU5E FMLCU7E FMLCUXE FMLCUYE FMLCUZE FMLCUVE FMLI3AE FMLI2AE FMLI1AE FMLI3BE FMLF3AE FMLF2AE FMLF1AE FMLF3BE FMLU3AE FMLU2AE FMLU1AE FMLU3BE © Haver Analytics (9712-) Vol 1: FIN - 21 Total By maturity: 1-3 Yrs 3-5 Yrs 5-7 Yrs 7-10 Yrs 1-5 Yrs 5-10 Yrs 1-10 Yrs 10+ Yrs By rating: AAA Rated AA Rated A Rated BBB Rated 11/30/10 Merrill Lynch U.S. Bond Yields Corporates: Yield to Worst End of Period Corporate (October, 1994-present) FMLCTWE Total By maturity: 1-3 Yrs 3-5 Yrs 5-7 Yrs 7-10 Yrs 1-5 Yrs 5-10 Yrs 1-10 Yrs 10-15 Yrs 15+ Yrs 10+ Yrs By rating: AAA Rated AA Rated A Rated BBB Rated By rating and maturity of 15 years: AA-AAA Rated A-AAA Rated AAA Rated AA Rated A Rated BBB-A Rated BBB Rated All Yankees FMLC1WE FMLC3WE FMLC5WE FMLC7WE FMLCXWE FMLCYWE FMLCZWE FMLCSWE FMLCUWE FMLCVWE FMLC3AWE FMLC2AWE FMLC1AWE FMLC3BWE FMLC8BWE FMLC80WE FMLCUAWE FMLCUFWE FMLCUBWE FMLC8CWE FMLCU4WE FMLCKWE (9612-) (9612-) (9612-) (9612-) (9612-) (9612-) (9612-) Industrial Financial Utility (December 1996-present) FMLCITWE FMLCFTWE FMLCUTWE FMLCI1WE FMLCI3WE FMLCI5WE FMLCI7WE FMLCIXWE FMLCIYWE FMLCIZWE FMLCIVWE FMLCF1WE FMLCF3WE FMLCF5WE FMLCF7WE FMLCFXWE FMLCFYWE FMLCFZWE FMLCFVWE FMLCU1WE FMLCU3WE FMLCU5WE FMLCU7WE FMLCUXWE FMLCUYWE FMLCUZWE FMLCUVWE FMLI3AWE FMLI2AWE FMLI1AWE FMLI3BWE FMLF3AWE FMLF2AWE FMLF1AWE FMLF3BWE FMLU3AWE FMLU2AWE FMLU1AWE FMLU3BWE © Haver Analytics (9712-) Vol 1: FIN - 22 Total By maturity: 1-3 Yrs 3-5 Yrs 5-7 Yrs 7-10 Yrs 1-5 Yrs 5-10 Yrs 1-10 Yrs 10+ Yrs By rating: AAA Rated AA Rated A Rated BBB Rated 11/30/10 Merrill Lynch U.S. Bond Yields Corporates: Yield to Maturity End of Period Corporate FMLCTME (8610-) FMLC1ME FMLC3ME FMLC5ME FMLC7ME FMLCXME FMLCYME FMLCZME FMLCSME FMLCUME FMLCVME (8610-) (8610-) (9003-) (9207-) (8405-) (8610-) (8610-) (8610-) (8610-) (8703-) FMLC3AME FMLC2AME FMLC1AME FMLC3BME (8812-) (8812-) (8812-) (8812-) FMLC8BME FMLC80ME FMLCUAME FMLCUFME FMLCUBME FMLC8CME FMLCU4ME FMLCKME (9612-) (9612-) (9612-) (9612-) (9612-) (9612-) (9612-) (8610-) Total By maturity: 1-3 Yrs 3-5 Yrs 5-7 Yrs 7-10 Yrs 1-5 Yrs 5-10 Yrs 1-10 Yrs 10-15 Yrs 15+ Yrs 10+ Yrs By rating: AAA Rated AA Rated A Rated BBB Rated By rating and maturity of 15 years: AA-AAA Rated A-AAA Rated AAA Rated AA Rated A Rated BBB-A Rated BBB Rated All Yankees Industrial Financial Utility (December, 1996-present) FMLCITME FMLCFTME FMLCUTME FMLCI1ME FMLCI3ME FMLCI5ME FMLCI7ME FMLCIXME FMLCIYME FMLCIZME FMLCIVME FMLCF1ME FMLCF3ME FMLCF5ME FMLCF7ME FMLCFXME FMLCFYME FMLCFZME FMLCFVME FMLCU1ME FMLCU3ME FMLCU5ME FMLCU7ME FMLCUXME FMLCUYME FMLCUZME FMLCUVME FMLI3AME FMLI2AME FMLI1AME FMLI3BME FMLF3AME FMLF2AME FMLF1AME FMLF3BME FMLU3AME FMLU2AME FMLU1AME FMLU3BME Total By maturity: 1-3 Yrs 3-5 Yrs 5-7 Yrs 7-10 Yrs 1-5 Yrs 5-10 Yrs 1-10 Yrs 10+ Yrs By rating: AAA Rated AA Rated A Rated BBB Rated © Haver Analytics (9712-) Vol 1: FIN - 23 11/30/10 Merrill Lynch U.S. Bond Yields High Yield: Effective Yield Average EOP (9701-) (9612-) FMLHY FMLH2B FMLH1B FMLH3C FMLHBB FMLPH FMLP2B FMLP1B FMLP3C FMLPBB FMLHYE FMLH2BE FMLH1BE FMLH3CE FMLHBBE FMLPHE FMLP2BE FMLP1BE FMLP3CE FMLPBBE Corporate High Yield Master II BB Rated B Rated CCC and Lower Rated BB-B Rated Corporate High Yield Cash Pay BB Rated B Rated CCC and Lower Rated BB-B Rated High Yield: Yield to Worst EOP Average FMLHYW FMLH2BW FMLH1BW FMLH3CW FMLHBBW FMLPHW FMLP2BW FMLP1BW FMLP3CW FMLPBBW (9411-) (9705-) (9705-) (9705-) (9705-) (9411-) (9411-) (9411-) (9411-) (9411-) FMLHYWE FMLH2BWE FMLH1BWE FMLH3CWE FMLHBBWE FMLPHWE FMLP2BWE FMLP1BWE FMLP3CWE FMLPBBWE (9410-) (9612-) (9612-) (9612-) (9612-) (9410-) (9410-) (9410-) (9410-) (9410-) Corporate High Yield Master II BB Rated B Rated CCC and Lower Rated BB-B Rated Corporate High Yield Cash Pay BB Rated B Rated CCC and Lower Rated BB-B Rated High Yield: Yield to Maturity Average FMLHYM FMLH2BM FMLH1BM FMLH3CM FMLHBBM FMLPHM FMLP2BM FMLP1BM FMLP3CM FMLPBBM EOP (9002-) (9701-) (9701-) (9701-) (9701-) (8611-) (8808-) (8808-) (8808-) (8808-) © Haver Analytics FMLHYME FMLH2BME FMLH1BME FMLH3CME FMLHBBME FMLPHME FMLP2BME FMLP1BME FMLP3CME FMLPBBME (8901-) (9612-) (9612-) (9612-) (9612-) (8411-) (8808-) (8808-) (8808-) (8808-) Corporate High Yield Master II BB Rated B Rated CCC and Lower Rated BB-B Rated Corporate High Yield Cash Pay BB Rated B Rated CCC and Lower Rated BB-B Rated Vol 1: FIN - 24 11/30/10 Merrill Lynch U.S. Bond Yields Treasury/Agency: Effective Yield Average EOP (9701-) (9612-) FMLTR FMLTREP FMLTRA FMLTRB FMLTRC FMLTRD FMLTRE Treasury Master FMLTRAE FMLTRBE FMLTRCE FMLTRDE FMLTREE (9705-) (9705-) (9705-) (9705-) (9705-) (9703-) (9701-) (9701-) (9612-) Treasury Treasury Treasury Treasury Treasury Current Current Current Current Current Treasuries Treasuries Treasuries Treasuries Off Off Off Off 2 Yr 3 Yr 5 Yr 10 Yr 30 Yr FMLTOA FMLTOB FMLTOC FMLTOD FMLTOAE FMLTOBE FMLTOCE FMLTODE the the the the run run run run 1.5-2.5 Yrs 4.5-5.5 Yrs 9.5-11.0 Yrs 27.5+ Yrs FMLT3A FMLT3AE Treasury/Agency Master AAA Rated FMLA3A FMLA3AE Agency Master AAA Rated Treasury/Agency: Yield to Worst Average EOP (9411-) (9410-) FMLTRW (9503-) FMLTRWE (9503-) Treasury Master FMLTRAW FMLTRBW FMLTRCW FMLTRDW FMLTREW FMLTRAWE FMLTRBWE FMLTRCWE FMLTRDWE FMLTREWE Treasury Treasury Treasury Treasury Treasury FMLTOAW FMLTOBW FMLTOCW FMLTODW FMLTOAWE FMLTOBWE FMLTOCWE FMLTODWE Treasuries Treasuries Treasuries Treasuries FMLT3AW FMLT3AWE Treasury/Agency Master AAA Rated FMLA3AW FMLA3AWE Agency Master AAA Rated © Haver Analytics Vol 1: FIN - 25 Current Current Current Current Current Off Off Off Off 2 Yr 3 Yr 5 Yr 10 Yr 30 Yr the the the the run run run run 1.5-2.5 Yrs 4.5-5.5 Yrs 9.5-11.0 Yrs 27.5+ Yrs 11/30/10 Merrill Lynch U.S. Bond Yields Treasury/Agency: Yield to Maturity Average EOP (8801-) (8712-) FMLTRM (8611-) FMLTRME (8512-) Treasury Master FMLTRAM FMLTRBM FMLTRCM FMLTRDM FMLTREM FMLTRAME FMLTRBME FMLTRCME FMLTRDME FMLTREME Treasury Treasury Treasury Treasury Treasury Current Current Current Current Current FMLTOAM FMLTOBM FMLTOCM FMLTODM FMLTOAME FMLTOBME FMLTOCME FMLTODME Treasuries Treasuries Treasuries Treasuries Off Off Off Off 2 Yr 3 Yr 5 Yr 10 Yr 30 Yr the the the the run run run run 1.5-2.5 Yrs 4.5-5.5 Yrs 9.5-11.0 Yrs 27.5+ Yrs FMLT3AM (8611-) FMLT3AME (8405-) Treasury/Agency Master AAA Rated FMLA3AM (8611-) FMLA3AME (8512-) Agency Master AAA Rated Mortgages: Effective Yield Average EOP (9701-) (9612-) FMLMG FMLMGE FMLMGA FMLMGB FMLMGAE FMLMGBE Mortgages 15 Year Mortgages 30 Year FMLMFB FMLMFBE Mortgages All FHLMC & FNMA 30 Yr FMLMNC FMLMNB FMLMNCE FMLMNBE Mortgages All FNMA Current Coupon Mortgages FNMA 30 Year Current Coupon FMLMMC FMLMMCE Mortgages GNMA 30 Year Current Coupon © Haver Analytics Mortgage Master Vol 1: FIN - 26 11/30/10 Merrill Lynch U.S. Bond Yields Mortgages: Yield to Worst Average EOP (9709-) (9708-) FMLMGW FMLMGWE FMLMGAW FMLMGBW FMLMGAWE FMLMGBWE (9707-) Mortgages 15 Year Mortgages 30 Year FMLMFBW FMLMFBWE (9707-) Mortgages All FHLMC & FNMA 30 Yr FMLMNCW FMLMNBW FMLMNCWE FMLMNBWE Mortgages All FNMA Current Coupon Mortgages FNMA 30 Year Current Coupon FMLMMCW FMLMMCWE Mortgages GNMA 30 Year Current Coupon Mortgage Master Mortgages: Yield to Maturity EOP Average FMLMGM (8901-) FMLMGME (8901-) Mortgage Master FMLMGAM FMLMGBM (9206-) (8801-) FMLMGAME FMLMGBME (9206-) (8801-) Mortgages 15 Year Mortgages 30 Year FMLMFBM (9105-) FMLMFBME (9105-) Mortgages All FHLMC & FNMA 30 Yr FMLMNCM FMLMNBM (8904-) (8801-) FMLMNCME FMLMNBME (8904-) (8801-) Mortgages All FNMA Current Coupon Mortgages FNMA 30 Year Current Coupon FMLMMCM (8801-) FMLMMCME (8801-) Mortgages GNMA 30 Year Current Coupon Municipals: Effective Yield Average EOP FMLL (10101-) FMLLE (10011-) FMLLG (10101-) FMLLGE (10011-) Municipals General Obligation FMLL3A FMLL2A FMLL1A FMLL3B (10101-) (10101-) (10101-) (10101-) FMLL3AE FMLL2AE FMLL1AE FMLL3BE (10011-) (10011-) (10011-) (10011-) Municipals Municipals Municipals Municipals © Haver Analytics Municipal Master Vol 1: FIN - 27 AAA Rated AA Rated A Rated BBB Rated 11/30/10 Merrill Lynch U.S. Bond Yields Municipals: Yield to Worst EOP Average FMLLW (9301-) FMLLWE (9112-) Municipal Master FMLLGW (9211-) FMLLGWE (9112-) Municipals General Obligation FMLL3AW FMLL2AW FMLL1AW FMLL3BW (9301-) (9301-) (9301-) (9301-) FMLL3AWE FMLL2AWE FMLL1AWE FMLL3BWE (9212-) (9211-) (9112-) (9112-) Municipals Municipals Municipals Municipals AAA Rated AA Rated A Rated BBB Rated Municipals: Yield to Maturity EOP Average FMLLM (9701-) FMLLME (9612-) Municipal Master FMLLGM (9701-) FMLLGME (9612-) Municipals General Obligation FMLL3AM FMLL2AM FMLL1AM FMLL3BM (9701-) (9701-) (9701-) (9701-) FMLL3AME FMLL2AME FMLL1AME FMLL3BME (9612-) (9612-) (9612-) (9612-) Municipals Municipals Municipals Municipals AAA Rated AA Rated A Rated BBB Rated Asset-Backed: Effective Yield EOP Average FMLS (9701-) FMLSE (9612-) FMLSC (9701-) FMLSCE (9612-) FMLSH (9701-) FMLSHE (9612-) FMLSA (9701-) FMLSAE (9612-) FMLSF (9410-) FMLSFE (9410-) © Haver Analytics Asset-Backed Securities Master BBB AA Rated Asset-Backed Securities Cards Fixed Rate Asset-Backed Securities Loans Fixed Rate Asset-Backed Securities Fixed Rate Asset Backed-Securities Rate Vol 1: FIN - 28 Credit Home Equity Automobiles Floating 11/30/10 Merrill Lynch U.S. Bond Yields Asset-Backed: Yield to Worst EOP Average FMLSW (10001-) FMLSWE (9912-) FMLSCW (10001-) FMLSCWE (9912-) FMLSHW (10001-) FMLSHWE (9912-) FMLSAW (10001-) FMLSAWE (9912-) FMLSFW (10001-) FMLSFWE (9912-) Asset-Backed Securities Master BBB AA Rated Asset-Backed Securities Cards Fixed Rate Asset-Backed Securities Loans Fixed Rate Asset-Backed Securities Fixed Rate Asset Backed-Securities Rate Credit Home Equity Automobiles Floating Asset-Backed: Yield to Maturity EOP Average FMLSM (9108-) FMLSME (9107-) FMLSCM (9101-) FMLSCME (9012-) FMLSHM (9107-) FMLSHME (9107-) FMLSAM (9101-) FMLSAME (9012-) FMLSFM (9410-) FMLSFME (9410-) © Haver Analytics Asset-Backed Securities Master BBB AA Rated Asset-Backed Securities Cards Fixed Rate Asset-Backed Securities Loans Fixed Rate Asset-Backed Securities Fixed Rate Asset Backed-Securities Rate Vol 1: FIN - 29 Credit Home Equity Automobiles Floating 11/30/10 Citigroup Bond Yields (Formerly Salomon Smith Barney Bond Yields) Percent, Monthly, December 1979-present Variable SYBIG SYCT SYCT5A SYCT5A1P SYCT1A SYCT3B SYCF SYCU SYCI SYCIC SYCIE SYCIM SYCIS SYCIT SYCAAB SYMT SYGS SYGT (8912-) (8912-) (8912-) (8912-) (8912-) (8912-) U.S. Broad Investment Grade (USBIG) Credit {Corporate} Bonds By Rating: AAA/AA (all maturities) AAA/AA 10+ Years A BBB By Sector: Finance Utility Industrial Consumer Energy Manufacturing Services Transportation Asset-Backed Mortgage Government Sponsored (US Agency & Supranational) U.S. Agency Source: Citigroup Global Markets Variable FMUN2Y FMUN5Y FMUN10Y FMUN30Y Municipal Bond AAA Yields Yields in percent per annum Monthly, November 1996-present For end-of-period please append E to the variable name. 2-year municipal AAA bond yield 5-year municipal AAA bond yield 10-year municipal AAA bond yield 30-year municipal AAA bond yield Source: Delphis Hanover via The Wall Street Journal. Monthly Average Bond Market Association Municipal Swap Index (Formerly PSA Municipal Swap Index) Monthly, July 1989-present End of Period SBMAS SBMASE 1 The Bond Market Association Municipal Swap Index 1 The Bond Market Association Municipal Swap Index serves as a benchmark floating rate in swap transactions. (In a swap, two counterparties "swap" fixed rate interest payments for floating rate payments or vice-versa.) It is calculated by Municipal Market Data (MMD) on a weekly basis and is released every Thursday. This index is a 7-day high-grade market index comprised of tax-exempt Variable Rate Demand Obligations (VRDOs) from MMDs extensive database. © Haver Analytics Vol 1: FIN - 30 11/30/10 STANDARD & POOR'S GLOBAL FIXED INCOME RESEARCH CORPORATE BOND YIELDS 1 Monthly, July 1999-present AAA AA A FSAAA1 FSAAA5 FSAAA10 FSAAA15 FSAAA20 FSAAA25 FSAA1 FSAA5 FSAA10 FSAA15 FSAA20 FSAA25 FSA1 FSA5 FSA10 FSA15 FSA20 FSA25 U.S. Industrials (avg of weeks ending Tuesdays) 1-year 5-year 10-year 15-year 20-year 25-year U.S. Industrials (last Tuesday of the month) 1-year 5-year 10-year 15-year 20-year 25-year FSAAA1E FSAAA5E FSAAA10E FSAAA15E FSAAA20E FSAAA25E FSAA1E FSAA5E FSAA10E FSAA15E FSAA20E FSAA25E FSA1E FSA5E FSA10E FSA15E FSA20E FSA25E BBB BB+ BB/BB- FSBBB1 FSBBB5 FSBBB10 FSBBB15 FSBBB20 FSBBP1 FSBBP5 FSBBP10 FSBBP15 -- FSBBM1 FSBBM5 FSBBM10 --- (Junk Bonds) U.S. Industrials (monthly averages of weeks ending Tuesdays) 1-year 5-year 10-year 15-year 20-year Historical S&P Corp Bond Yields 2 Monthly Averages of Weekly Indexes FSHAAA FSHAA FSHAY FSHBBB FSHBB FSHB U.S. U.S. U.S. U.S. U.S. U.S. Industrials Industrials Industrials Industrials Industrials Industrials AAA (1921-1995) AA (1945-1995) A (1945-1995) BBB (1945-1995) BB (1988-1995) B (1988-1995) 3 1 Minimum $100 million outstanding. 2 These indexes are based on a changing list of representative issues. Source: Standard & Poor's. Security Price Index Record. 1996 Edition. 3 Monthly data for Industrials AAA from January 1921 through December 1944 are from the National Bureau of Economic Research (NBER). Monthly data for Industrials AAA from January 1945 through December 1995 are from the S&P Security Price Index Record (1996 Edition). © Haver Analytics Vol 1: FIN - 31 11/30/10 Variable FYHQAA FYHQAB FYHQAC FYHQAD FYHQAE FYHQAF FYHQAG FYHQAH FYHQAI FYHQAJ FYHQAK FYHQAL FYHQAM FYHQAN FYHQAO FYHQAP FYHQAQ FYHQAR FYHQAS FYHQAT FYHQAU FYHQAV FYHQAW FYHQAX FYHQAY FYHQAZ FYHQBA FYHQBB FYHQBC FYHQBD FYHQBE FYHQBF FYHQBG FYHQBH FYHQBI FYHQBJ FYHQBK FYHQBL FYHQBM 1 High Quality Market-Weighted (HQM) Corporate Bond Spot Yields (Zero-Coupon) Percent 1 6 Months 1 Year 1 Year 6 Months 2 Years 2 Years 6 Months 3 Years 3 Years 6 Months 4 Years 4 Years 6 Months 5 Years 5 Years 6 Months 6 Years 6 Years 6 Months 7 Years 7 Years 6 Months 8 Years 8 Years 6 Months 9 Years 9 Years 6 Months 10 Years 10 Years 6 Months 11 Years 11 Years 6 Months 12 Years 12 Years 6 Months 13 Years 13 Years 6 Months 14 Years 14 Years 6 Months 15 Years 15 Years 6 Months 16 Years 16 Years 6 Months 17 Years 17 Years 6 Months 18 Years 18 Years 6 Months 19 Years 19 Years 6 Months The High Quality Market (HQM) Corporate Bond Yield Curve is calculated by the U.S. Treasury to provide discount rates required by the Pension Protection Act of 2006. The HQM methodology uses a set of US corporate bonds that cover the AAA, AA and A markets with a maximum maturity of 30 years in order to calculate yields at half-year intervals through 100 years maturity. The yields are spot yields; they are yields on a bond with a single payment at maturity a zero-coupon bond. © Haver Analytics Vol 1: FIN - 32 11/30/10 Variable FYHQBN FYHQBO FYHQBP FYHQBQ FYHQBR FYHQBS FYHQBT FYHQBU FYHQBV FYHQBW FYHQBX FYHQBY FYHQBZ FYHQCA FYHQCB FYHQCC FYHQCD FYHQCE FYHQCF FYHQCG FYHQCH FYHQCI FYHQCJ FYHQCK FYHQCL FYHQCM FYHQCN FYHQCO FYHQCP FYHQCQ FYHQCR FYHQCS FYHQCT FYHQCU FYHQCV FYHQCW FYHQCX FYHQCY FYHQCZ FYHQDA FYHQDB FYHQDC FYHQDD FYHQDE FYHQDF FYHQDG FYHQDH FYHQDI © Haver Analytics High Quality Market-Weighted (HQM) Corporate Bond Spot Yields (Zero-Coupon) Percent 20 20 21 21 22 22 23 23 24 24 25 25 26 26 27 27 28 28 29 29 30 30 31 31 32 32 33 33 34 34 35 35 36 36 37 37 38 38 39 39 40 40 41 41 42 42 43 43 Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months Vol 1: FIN - 33 11/30/10 Variable FYHQDJ FYHQDK FYHQDL FYHQDM FYHQDN FYHQDO FYHQDP FYHQDQ FYHQDR FYHQDS FYHQDT FYHQDU FYHQDV FYHQDW FYHQDX FYHQDY FYHQDZ FYHQEA FYHQEB FYHQEC FYHQED FYHQEE FYHQEF FYHQEG FYHQEH FYHQEI FYHQEJ FYHQEK FYHQEL FYHQEM FYHQEN FYHQEO FYHQEP FYHQEQ FYHQER FYHQES FYHQET FYHQEU FYHQEV FYHQEW FYHQEX FYHQEY FYHQEZ FYHQFA FYHQFB FYHQFC FYHQFD FYHQFE © Haver Analytics High Quality Market-Weighted (HQM) Corporate Bond Spot Yields (Zero-Coupon) Percent 44 44 45 45 46 46 47 47 48 48 49 49 50 50 51 51 52 52 53 53 54 54 55 55 56 56 57 57 58 58 59 59 60 60 61 61 62 62 63 63 64 64 65 65 66 66 67 67 Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months Vol 1: FIN - 34 11/30/10 Variable FYHQFF FYHQFG FYHQFH FYHQFI FYHQFJ FYHQFK FYHQFL FYHQFM FYHQFN FYHQFO FYHQFP FYHQFQ FYHQFR FYHQFS FYHQFT FYHQFU FYHQFV FYHQFW FYHQFX FYHQFY FYHQFZ FYHQGA FYHQGB FYHQGC FYHQGD FYHQGE FYHQGF FYHQGG FYHQGH FYHQGI FYHQGJ FYHQGK FYHQGL FYHQGM FYHQGN FYHQGO FYHQGP FYHQGQ FYHQGR FYHQGS FYHQGT FYHQGU FYHQGV FYHQGW FYHQGX FYHQGY © Haver Analytics High Quality Market-Weighted (HQM) Corporate Bond Spot Yields (Zero-Coupon) Percent 68 68 69 69 70 70 71 71 72 72 73 73 74 74 75 75 76 76 77 77 78 78 79 79 80 80 81 81 82 82 83 83 84 84 85 85 86 86 87 87 88 88 89 89 90 90 Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years Years 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months 6 Months Vol 1: FIN - 35 11/30/10 Variable FYHQGZ FYHQHA FYHQHB FYHQHC FYHQHD FYHQHE FYHQHF FYHQHG FYHQHH FYHQHI FYHQHJ FYHQHK FYHQHL FYHQHM FYHQHN FYHQHO FYHQHP FYHQHQ FYHQHR © Haver Analytics High Quality Market-Weighted (HQM) Corporate Bond Spot Yields (Zero-Coupon) Percent 91 Years 91 Years 6 92 Years 92 Years 6 93 Years 93 Years 6 94 Years 94 Years 6 95 Years 95 Years 6 96 Years 96 Years 6 97 Years 97 Years 6 98 Years 98 Years 6 99 Years 99 Years 6 100 Years Months Months Months Months Months Months Months Months Months Vol 1: FIN - 36 11/30/10 COMMERCIAL PAPER Yields in percent per annum, Monthly average For end-of-period, append an E to variable code. FCP1D FCP7D FCP15D FCP1M FCP2M FCP3M (9801-) (9701-) (9701-) (9701-) (9701-) (9701-) AA nonfinancial 1-day 7-day 15-day 30-day 60-day 90-day FFP1D FFP7D FFP15D FFP1M FFP2M FFP3M (9801-) (9701-) (9701-) (9701-) (9701-) (9701-) AA financial 1-day 7-day 15-day 30-day 60-day 90-day FAP1D FAP7D FAP15D FAP1M FAP2M FAP3M (9801-) (9801-) (9801-) (9701-) (9801-) (9801-) A2/P2/F2 nonfinancial 1-day FAB1D 7-day FAB7D 15-day FAB15D 30-day FAB1M 60-day FAB2M 90-day FAB3M (10101-) (10101-) (10101-) (10101-) (10101-) (10101-) Asset-backed 1-day 7-day 15-day 30-day 60-day 90-day FANNIE MAE CONSTANT MATURITY DEBT INDEX (DISCONTINUED) Percent per annum Monthly average of daily figures November 2000-present Variable FFM3 FFM6 FF1Y FF2Y FF3Y FF5Y FF7Y FF10Y FF30Y 2 3-month Benchmark Bill Yield 6-month Benchmark Bill Yield 1-year Benchmark Bill Yield 2-year Benchmark Note Yield 3-year Benchmark Note Yield 5-year Benchmark Note Yield 7-year Benchmark Note Yield 10-year Benchmark Note Yield 30-year Benchmark Bond Yield Source: Fannie Mae 1 S&P and Moody's assign ratings to a company's debt after review of balance sheet and operations. S&P A2 and Moody's P2. 2 Constant maturity yields are interpolated bond equivalent yields for Fannie Mae's on-the-run Benchmark Securities. Market bid yields are obtained from various sources, including Benchmark Securities dealers, based on 3 p.m. (New York time) quotations on Fannie Mae's actively traded Benchmark Securities in the over-the-counter market. The constant maturity yield values are interpolated from the yield curve at fixed maturities, currently 3-months, 6-months and 1, 2, 3, 5, 7,10 & 30 years. This method provides a yield for a 10-year maturity, for example, even if no outstanding security has exactly 10 years remaining to maturity. Monthly averages are determined based on the number of business days in the particular month. © Haver Analytics Vol 1: FIN - 37 11/30/10 Fannie Mae Required Net Yields Yields in percent per annum, Monthly Average (10802-) RNY30E RNY30F RNY30G RNY30H RNY15E RNY15F RNY15G RNY15H RNY7E RNY7F RNY7G RNY7H End of Period (10802-) RNY30EE RNY30FE RNY30GE RNY30HE (8412-) 30-year fixed rate mortgages with Actual/Actual (A/A) Remittance 10-Day Delivery 30-Day Delivery 60-Day Delivery 1 90-Day Delivery RNY15EE RNY15FE RNY15GE RNY15HE 15-year fixed rate mortgages with Actual/Actual (A/A) Remittance 10-Day Delivery 30-Day Delivery 30-Day Delivery 90-Day Delivery RNY7EE RNY7FE RNY7GE RNY7HE 7-year balloon mortgages with Actual/Actual (A/A) Remittance (DISCONTINUED) 10-Day Delivery 30-Day Delivery 60-Day Delivery 90-Day Delivery Source: Fannie Mae 1 Data from December 1984 through January 2008 are not the end of month data. They are figures for the first day of the next month. For example, end of period data for January 2008 is actually data for February 1, 2008. © Haver Analytics Vol 1: FIN - 38 11/30/10 Freddie Mac Required Net Yields Open Yields in percent per annum, Monthly End of Period Average RNY30A RNY30B RNY30C RNY30D (10702-) (10703-) (10702-) (10703-) RNY30AE RNY30BE RNY30CE RNY30DE (10701-) (10702-) (10702-) (10702-) 30-Year 10-Day 30-Day 60-Day 90-Day Delivery Delivery Delivery Delivery RNY15A RNY15B RNY15C RNY15D (10702-) (10703-) (10703-) (10703-) RNY15AE RNY15BE RNY15CE RNY15DE (10701-) (10702-) (10702-) (10702-) 15-Year 10-Day 30-Day 60-Day 90-Day Delivery Delivery Delivery Delivery RNY7A RNY7B RNY7C RNY7D (10702-) (10703-) (10703-) (10703-) RNY7AE RNY7BE RNY7CE RNY7DE (10701-) (10702-) (10702-) (10702-) 7-Year Balloon 10-Day Delivery 30-Day Delivery 60-Day Delivery 90-Day Delivery RNY5BA RNY5BB RNY5BC RNY5BD (10702-) (10703-) (10703-) (10703-) RNY5BAE RNY5BBE RNY5BCE RNY5BDE (10701-) (10702-) (10702-) (10702-) 5-Year Balloon 10-Day Delivery 30-Day Delivery 60-Day Delivery 90-Day Delivery RNY20A RNY20B RNY20C RNY20D (10702-) (10703-) (10703-) (10703-) RNY20AE RNY20BE RNY20CE RNY20DE (10701-) (10702-) (10702-) (10702-) 20-Year 10-Day 30-Day 60-Day 90-Day © Haver Analytics Vol 1: FIN - 39 Delivery Delivery Delivery Delivery 11/30/10 INTERNATIONAL INTEREST RATES International Currency Interest Rates Yields in percent per annum 1984-present unless otherwise noted 2-Day Notice 7-Day Notice OneMonth ThreeMonth SixMonth OneYear FSTEUR FSTCAN FSTDEN FSTJAP FSTSNG FSTSWI FSTUK FSTUS F7DEUR F7DCAN F7DDEN F7DJAP F7DSNG F7DSWI F7DUK F7DUS F1MEUR F1MCAN F1MDEN F1MJAP F1MSNG F1MSWI F1MUK F1MUS F3MEUR F3MCAN F3MDEN F3MJAP F3MSNG F3MSWI F3MUK F3MUS F6MEUR F6MCAN F6MDEN F6MJAP F6MSNG F6MSWI F6MUK F6MUS F1YEUR F1YCAN F1YDEN F1YJAP F1YSNG F1YSWI F1YUK F1YUS Euro (9901-) Canadian dollar (8811-) Danish krone (8811-) Japanese yen 1 Singapore dollar (8811-) Swiss franc U.K. pound sterling U.S. dollar 1 London Interbank Fixing Rates (LIBOR) 11:00 a.m. yields in percent per annum Monthly, 1976-present Please affix an "E" for end-of-period data Offer Bid FLOPO FLOP7 FLOP1 FLOP3 FLOP6 FLOP12 FLBPO FLBP7 FLBP1 FLBP3 FLBP6 FLBP12 ------ FLODON FLOD1 FLOD3 FLOD6 FLOD1Y (10101-) (8803-) (8006-) (8006-) (8501-) Source: "Financial Times" 1 Based on British pound: Overnight 7-day 1-month 3-month 6-month 1-year Based on U.S. dollar: Overnight 1-month 3-month 6-month 1-year "2-day notice" is actually the call rate for this country © Haver Analytics Vol 1: FIN - 40 11/30/10 INTERNATIONAL INTEREST RATES (continued) New York Funding Rates (NYFR) Monthly, June 2008-present Variable NYFR1 NYFR3 New York Funding Rate: 1-month (%) New York Funding Rate: 3-month (%) Source: ICAP via the Wall Street Journal. Gold Lending Rates Local London mean (vs US$) Monthly averages of daily data, June 1992-present LLGOLD1 LLGOLD2 LLGOLD3 LLGOLD6 LLGOLDY Source: 1 1-month 2-month 3-month 6-month 12-month "Financial Times" The New York Funding Rate (NYFR) was developed by ICAP as a US-based alternative to the BBA LIBOR. The rate is based on surveys of banks that are asked at 9:30 a.m. New York time to quote a rate at which a representative A1/P1 credit rated institution would likely obtain funding in the market, as opposed to where their own funding costs are, as in the BBA's LIBOR survey. All contributors in this ICAP survey are anonymous. To set the LIBOR, the BBA asks member banks once a day how much it would cost them to borrow in various currencies. It calculates averages, removing the highest four and lowest four, and publishes the rates at about 11:30 a.m. in London. Sixteen banks contribute to setting the LIBOR, three of which are U.S.-based. 2 "2-day notice" is actually the call rate for this country © Haver Analytics Vol 1: FIN - 41 11/30/10 FOREIGN EXCHANGE RATES Average of certified noon New York City buying rates Monthly Please affix an "E" for end-of-period data Variable FXAUS FXAST FXBLG FXBRZ FXCAN FXCHI FXDEN FXEUR FXEURS FXECU FXFIN FXFR FXGER FXGRE FXHK FXIND FXIRL FXITL FXJAP FXMAL FXMEX FXNET FXZEA FXNRW FXPOR FXSIN FXSAF FXKOR FXSPA FXSRI FXSWD FXSW FXTWN FXTHA FXUK FXVN (4701-) (7001-) (4701-) (9501-) (4701-) (7001-) (4701-) (9901-) (8001-) (9004-) (7001-) (5001-) (5101-) (7001-) (7001-) (7001-) (5201-) (4701-) (5701-) (7001-) (9311-) (4701-) (7001-) (4701-) (7001-) (7001-) (4701-) (7001-) (7001-) (7001-) (4701-) (4701-) (7712-) (7001-) (4701-) (9711-) Source: Board of Governors of the Federal Reserve System. Exchange Rates. G.5 (405) 1 Australia (US$/Australian dollar) Austria (schilling/US$) Belgium (franc/US$) Brazil (real/US$) Canada (Canadian dollar/US$) China, P.R. (yuan/US$) Denmark (krone/US$) European Monetary Union: Euro (US$/euro) European Monetary Union: Synthetic Euro (US$/euro) European Community (US$/ECU) (DISCONTINUED) Finland (markka/US$) France (franc/US$) Germany (deutsche mark/US$) Greece (drachma/US$) Hong Kong (Hong Kong dollar/US$) India (rupee/US$) Ireland (US$/pound) Italy (lira/US$) Japan (yen/US$) Malaysia (ringgit/US$) Mexico (new peso/US$) Netherlands (guilder/US$) New Zealand (US$/New Zealand dollar) Norway (krone/US$) Portugal (escudo/US$) Singapore (Singapore dollar/US$) South Africa (rand/US$) South Korea (won/US$) Spain (peseta/US$) Sri Lanka (rupee/US$) Sweden (krona/US$) Switzerland (franc/US$) Taiwan (Taiwan dollar/US$) Thailand (baht/US$) United Kingdom (US$/pound) Venezuela (bolivar/US$) Foreign Data prior to January, 1999 calculated by Haver Analytics using 1997 GDP weights. © Haver Analytics Vol 1: FIN - 42 11/30/10 1 FOREIGN EXCHANGE RATES Variable FXTWB FXTWM FXTWOTP FXTWI Memo: (6701-9812) FXTWBC FXTWMC FXTWOTPC Source: 1 2 3 4 (continued) Monthly 1973-present Nominal trade weighted value of the US$ Trade wtd broad index (Jan 1997=100) 1 Trade wtd major currency index(Mar 1973=100) 2 Trade weighted OITP index (Jan 1997=100) 3 Trade weighted dollar vs G-10 (Mar 1973=100) DISC Real trade weighted value of the US$ Trade weighted broad index (Mar 1973=100) 1 Trade wtd major currency index (Mar 1973=100) 2 Trade weighted OITP index (Mar 1973=100) 3 Board of Governors of the Federal Reserve System. G.5 (405) 4 Foreign Exchange Rates. Countries whose currencies are included in the BROAD INDEX are the Euro Area, Canada, Japan, Mexico, China, United Kingdom, Taiwan, Korea, Singapore, Hong Kong, Malaysia, Brazil, Switzerland, Thailand, Philippines, Australia, Indonesia, India, Israel, Saudi Arabia, Russia, Sweden, Argentina, Venezuela, Chile and Colombia. The Euro Area includes Germany, France, Italy, Netherlands, Belgium/Luxembourg, Ireland, Spain, Austria, Finland, Portugal, and Greece. Countries whose currencies are included in the MAJOR CURRENCIES INDEX are the Euro Area, Canada, Japan, United Kingdom, Switzerland, Australia, and Sweden. The Euro Area includes Germany, France, Italy, Netherlands, Belgium/Luxembourg, Ireland, Spain, Austria, Finland, Portugal & Greece. Countries whose currencies are included in the OITP INDEX (other important trading partners) are Mexico, China, Taiwan, Korea, Singapore, Hong Kong, Malaysia, Brazil, Thailand, Philippines, Indonesia, India, Israel, Saudi Arabia, Russia, Argentina, Venezuela, Chile and Colombia. DISCONTINUED. Index of weighted average exchange value of U.S. dollar against currencies of other G-10 countries. Weights are 1972-76 global trade of each of the ten countries. Series revised as of August 1978. The G-10 countries are Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom and the United States. © Haver Analytics Vol 1: FIN - 43 11/30/10 FOREIGN EXCHANGE RATES (continued) Trade-Weighted Exchange Values of US$ (FRB G.5) Currency Weights as of May 1, 2009 1 Broad Index Based on 2003 data for total exports and non-oil imports Annual, 1973-present Total Trade Weights Imports Trade Weights Export Trade Weights Third-Market Competitiveness Weights FXWTEUR FXWTAST FXWTBLG FXWTFIN FXWTFR FXWTGER FXWTGRE FXWTIRL FXWTITL FXWTNET FXWTPOR FXWTSLV FXWTSPA FXWTCAN FXWTJAP FXWTMEX FXWTCHI FXWTUK FXWTTWN FXWTKOR FXWTSIN FXWTHK FXWTMAL FXWTBRZ FXWTSW FXWTTHA FXWTPHL FXWTAUS FXWTIN FXWTIND FXWTISR FXWTSAR FXWTRUS FXWTSWD FXWTARG FXWTVN FXWTCHL FXWTCOL FXWIEUR FXWIAST FXWIBLG FXWIFIN FXWIFR FXWIGER FXWIGRE FXWIIRL FXWIITL FXWINET FXWIPOR FXWISLV FXWISPA FXWICAN FXWIJAP FXWIMEX FXWICHI FXWIUK FXWITWN FXWIKOR FXWISIN FXWIHK FXWIMAL FXWIBRZ FXWISW FXWITHA FXWIPHL FXWIAUS FXWIIN FXWIIND FXWIISR FXWISAR FXWIRUS FXWISWD FXWIARG FXWIVN FXWICHL FXWICOL FXWEEUR FXWEAST FXWEBLG FXWEFIN FXWEFR FXWEGER FXWEGRE FXWEIRL FXWEITL FXWENET FXWEPOR FXWESLV FXWESPA FXWECAN FXWEJAP FXWEMEX FXWECHI FXWEUK FXWETWN FXWEKOR FXWESIN FXWEHK FXWEMAL FXWEBRZ FXWESW FXWETHA FXWEPHL FXWEAUS FXWEIN FXWEIND FXWEISR FXWESAR FXWERUS FXWESWD FXWEARG FXWEVN FXWECHL FXWECOL FXWCEUR FXWCAST FXWCBLG FXWCFIN FXWCFR FXWCGER FXWCGRE FXWCIRL FXWCITL FXWCNET FXWCPOR FXWCSLV FXWCSPA FXWCCAN FXWCJAP FXWCMEX FXWCCHI FXWCUK FXWCTWN FXWCKOR FXWCSIN FXWCHK FXWCMAL FXWCBRZ FXWCSW FXWCTHA FXWCPHL FXWCAUS FXWCIN FXWCIND FXWCISR FXWCSAR FXWCRUS FXWCSWD FXWCARG FXWCVN FXWCCHL FXWCCOL Euro Area Austria Belgium/Luxembourg Finland France Germany Greece Ireland Italy Netherlands Portugal Slovenia Spain Canada Japan Mexico China United Kingdom Taiwan Korea Singapore Hong Kong Malaysia Brazil Switzerland Thailand Philippines Australia Indonesia India Israel Saudi Arabia Russia Sweden Argentina Venezuela Chile Colombia Please see footnote on the next page. © Haver Analytics Vol 1: FIN - 44 11/30/10 FOREIGN EXCHANGE RATES 1 (continued) Total trade weights are simple averages of the bilateral import share weights and the combined average of the export & competitiveness weights. The import weight is the trading country's share of U.S. imports. The export weight is the trading country's share in U.S. exports (e.g. U.S. goods competing directly with Japanese goods in Japan.). The competitiveness weight accounts for the extent to which a particular foreign country's exports go to third-country markets that are also destinations for U.S. exports (e.g. U.S. goods competing with German goods in Japan). Weights for the major currencies index and for the OITP (other important trading partners) index are derived from the weights for the broad index. The method used to construct the weights has been modified twice. First, beginning in January 2001, Greece was added to the list of U.S. trading partners used to calculate the weights. This change reflects the adoption of the euro by Greece on January 1, 2001, and affects the calculation of the weights beginning in 2001 but not for previous years. Second, with the revision of January 2, 2002, agricultural exports are no longer subtracted from U.S. exports in the computation of the competitiveness weights either for the current period or past periods. This modification simplifies the calculation of the weights without changing them significantly. © Haver Analytics Vol 1: FIN - 45 11/30/10 FOREIGN EXCHANGE RATES (continued) CitiFX Flow Weighted Indexes (CFWI) January 4, 1999=100 Monthly Averages, January 1999-present Variable FXFWUSD FXFWEUR FXFWJPY FXFWGBP FXFWAUD FXFWCAD FXFWCHF FXFWNOK FXFWSEK FXFWNZD U.S. dollar index Euro index Japanese yen index British Pound Sterling index Australian Dollar index Canadian dollar index Swiss franc index Norwegian krone index Swedish krona index New Zealand dollar index FXFWCOM Commodities FWI Source: Citigroup Foreign Exchange Value Added Services and Products. Note: The CitiFX Flow Weighted Indexes (CFWI) are weighted by all flows, that is, both trade and capital flows. Each index is comprised of the five most frequently traded currency pairs against the index currency. Currency Composition and Weights: U.S. dollar index Euro Japanese yen British pound Canadian dollar Swiss franc 46.8% 23.9% 16.2% 7.2% 5.9% Australian dollar index US dollar 71.8% Japanese yen 10.8% Euro 7.2% New Zealand dollar 5.3% British pound 4.9% New Zealand dollar index US dollar 65.1% Australian dollar 19.8% Euro 6.5% Japanese yen 6.1% Canadian dollar 2.5% Euro index US dollar British pound Japanese yen Swiss franc Swedish krona 69.4% 11.9% 9.9% 4.8% 4.0% Swiss franc index US dollar Euro British pound Japanese yen Australian dollar Canadian dollar index US dollar 85.4% Euro 7.1% Japanese yen 3.7% British pound 2.8% Australian dollar 1.0% 60.1% 33.3% 4.4% 1.4% 0.8% Japanese yen index US dollar 72.7% Euro 20.3% British pound 3.8% Australian dollar 2.3% Canadian dollar 0.9% Norwegian krone index Euro 49.3% US dollar 40.0% Swedish krona 4.9% British pound 3.2% Japanese yen 2.6% British pound index US dollar 61.8% Euro 30.5% Japanese yen 4.7% Swiss franc 1.7% Australian dollar 1.3% Swedish krona index Euro 57.5% US dollar 33.4% British pound 3.8% Norwegian krone 3.4% Japanese yen 1.9% © Haver Analytics Vol 1: FIN - 46 Commodities FWI Canadian dollar Australian dollar Norwegian krone Mexican peso South African rand 37.4% 32.3% 14.4% 11.6% 4.3% 11/30/10 J. P. MORGAN EFFECTIVE EXCHANGE RATE INDEXES 1 (Trade-Weighted Exchange Rates, 2000=100, Monthly) Broad Real FXDARGBC FXDAULBC FXDBRZBC FXDBULBC FXDCANBC FXDCHLBC FXDCHIBC FXDCOLBC FXDCROBC FXDCZEBC FXDDENBC FXDECUBC FXDEGYBC FXDEURBC FXDHKBC FXDHUNBC FXDINDBC FXDINBC FXDISRBC FXDJAPBC FXDKORBC FXDKWTBC FXDMALBC FXDMEXBC FXDMORBC FXDZEABC FXDNIGBC FXDNWYBC FXDPAKBC FXDPANBC FXDPERBC FXDPHLBC FXDPOLBC FXDROMBC FXDRUSBC FXDSARBC FXDSINBC FXDSLKBC FXDSLVBC FXDSAFBC FXDSWDBC FXDSWIBC FXDTWNBC FXDTHABC FXDTURBC FXDUKBC FXDUSBC FXDVNBC 1 Broad Nominal (7001-) (7001-) (7001-) (9401-) (7001-) (7001-) (9001-) (7001-) (9401-) (9401-) (7001-) (7001-) (9401-) (7001-) (7001-) (9401-) (7001-) (7001-) (9401-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) (9401-) (7001-) (7001-) (9401-) (9401-) (9401-) (7001-) (7001-) (9401-) (9401-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) FXDARGB FXDAULB FXDBRZB FXDBULB FXDCANB FXDCHLB FXDCHIB FXDCOLB (8208-) (7001-) (9003-) (9401-) (7001-) (7001-) (7001-) (7001-) FXDCZEB FXDDENB FXDECUB FXDEGYB FXDEURB FXDHKB FXDHUNB FXDINDB FXDINB FXDISRB FXDJAPB FXDKORB FXDKWTB FXDMALB FXDMEXB FXDMORB FXDZEAB FXDNIGB FXDNWYB FXDPAKB (9401-) (7001-) (7001-) (9401-) (7001-) (7001-) (9401-) (7001-) (7001-) (9401-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) (8501-) (7001-) (7001-) (7001-) FXDPERB FXDPHLB FXDPOLB FXDROMB FXDRUSB FXDSARB FXDSINB FXDSLKB FXDSLVB FXDSAFB FXDSWDB FXDSWIB FXDTWNB FXDTHAB FXDTURB FXDUKB FXDUSB FXDVNB (8412-) (7001-) (9401-) (9401-) (9401-) (7001-) (7001-) (9401-) (9401-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) (7001-) Argentina (peso) Australia (dollar) Brazil (real) Bulgaria (leva) Canada (dollar) Chile (peso) China (renminbi) Colombia (peso) Croatia (kuna) Czech Republic (koruny) Denmark (krone) Ecuador (sucre) Egypt (dinar) Euro-zone (euro) Hong Kong (HK dollar) Hungary (forint) India (rupee) Indonesia (rupiah) Israel (new shekel) Japan (yen) Korea (won) Kuwait (dinar) Malaysia (ringgit) Mexico (peso) Morocco (dirhams) New Zealand (NZ dollar) Nigeria (naira) Norway (kroner) Pakistan (rupees) Panama (balboas) Peru (nuevo sol) Philippines (peso) Poland (zloty) Romania (lei) Russia (ruble) Saudi Arabia (riyal) Singapore (Singapore dollar) Slovak Republic (koruny) Slovenia (tolar) South Africa (rand) Sweden (krona) Switzerland (franc) Taiwan (Taiwan dollar) Thailand (baht) Turkey (lira) United Kingdom (pound) United States (dollar) Venezuela (bolivar) The trade weights beginning in 1994 are based on each country's 2000 bilateral trade in manufactured goods. From 1987 through 1993, weights are based on 1990 trade. Prior to 1987, the trade weights are based on 1980 trade. Source: J.P. Morgan © Haver Analytics Vol 1: FIN - 47 11/30/10 J. P. MORGAN EFFECTIVE EXCHANGE RATE INDEXES 1 (Trade-Weighted Exchange Rates, 2000=100, Monthly) Narrow Nominal FXDAUL FXDCAN FXDCHI FXDDEN FXDEUR FXDHK FXDJAP FXDKOR FXDMEX FXDZEA FXDNWY FXDSIN FXDSWD FXDSWI FXDTWN FXDUK FXDUS Narrow Real (7001-) (7001-) (9401-) (7001-) (7001-) (9401-) (7001-) (9401-) (9401-) (9401-) (7001-) (9401-) (7001-) (7001-) (9401-) (7001-) (7001-) FXDAULC FXDCANC FXDCHIC FXDDENC FXDEURC FXDHKC FXDJAPC FXDKORC FXDMEXC FXDZEAC FXDNWYC FXDSINC FXDSWDC FXDSWIC FXDTWNC FXDUKC FXDUSC Broad Real Narrow FXDAUSBC FXDBLGBC FXDFRABC FXDFINBC FXDGERBC FXDGREBC FXDIRLBC FXDITLBC FXDNETBC FXDPORBC FXDSPNBC FXDAUS FXDBLG FXDFRA FXDFIN FXDGER FXDGRE -FXDITL FXDNET FXDPOR FXDSPN 1 (7001-) (7001-) (9401-) (7001-) (7101-) (9401-) (7001-) (9401-) (9401-) (9401-) (7001-) (9401-) (7001-) (7001-) (9401-) (7001-) (7001-) Australia (dollar) Canada (dollar) China (yuan) Denmark (krone) Euro Area (euro) Hong Kong (dollar) Japan (yen) Korea (won) Mexico (Peso) New Zealand (dollar) Norway (kroner) Singapore (dollar) Sweden (krona) Switzerland (franc) Taiwan (dollar) United Kingdom (pound) United States (dollar) 1990=100, Monthly, 1970-present Euro-zone member countries (DISCONTINUED) Austria (schilling) Belgium (franc) France (franc) Finland (markkaa) Germany (deutsche mark) Greece (drachma) Ireland (pound) Italy (lire) Netherlands (guilder) Portugal (escudo) Spain (peseta) The trade weights beginning in 1994 are based on each country's 2000 bilateral trade in manufactured goods. From 1987 through 1993, weights are based on 1990 trade. Prior to 1987, the trade weights are based on 1980 trade. Source: J.P. Morgan © Haver Analytics Vol 1: FIN - 48 11/30/10 Core prices used in JP Morgan broad real indexes US: Canada: Euro area: PPI - finished goods ex food and energy, SA CPI - durable and semidurable goods, NSA PPI manufactured goods ex food, beverages, tobacco, coke, refined petroleum products, & nuclear fuel, NSA U.K.: PPI - output - manufacturing ex food, beverages, tobacco & petroleum products Denmark: CPI less food, beverages, energy, NSA Norway: PPI - manufacturing less food, beverages, tobacco, & refined petroleum products, NSA Sweden: PPI - manufacturing less food, beverages, tobacco, coke, refined petroleum products, and nuclear fuel, NSA Switzerland: CPI less food, beverages, energy & fuel, rent, NSA Russia: PPI - manufacturing, NSA Turkey: WPI - manufacturing less manufactured food, beverage, tobacco, coke,and refined petroleum products, NSA Japan: CGPI - manufacturing less petroleum & coal products and processed foodstuffs, NSA China: Industrial goods prices, NSA Hong Kong: Retail price index - derived from retail sales survey, NSA India: WPI - manufactured products ex food products, NSA Indonesia: WPI - manufacturing, NSA Korea: PPI - all commodities less food and energy, NSA Malaysia: PPI - manufactured goods, NSA Philippines: PPI - manufactures ex food and petroleum products, NSA Singapore: PPI - manufactured goods, NSA Taiwan: WPI - manufacturing less processed foods, petroleum & coal products, NSA Thailand: PPI - manufactured goods less food, beverages, tobacco and petroleum products, NSA Australia: Manufacturing output prices - less components for food, beverages, tobacco and petroleum & coal New Zealand: CPI - all items excluding food, NSA Mexico: PPI - general excluding petroleum, NSA Argentina: WPI - domestic manufactured goods, NSA Brazil: Wholesale price index - all items, NSA Chile: WPI - domestic industrial goods, NSA Venezuela: WPI - domestic items, NSA Israel: Manufacturing PPI less component for food, beverages and tobacco, SA South Africa: Manufacturing PPI less component for food, SA Czech Republic, Croatia, Hungary, Poland, Romania, Slovakia, Slovenia, & Colombia: PPI - all items, NSA Bulgaria, Ecuador, Panama, Morocco, Nigeria, and Saudi Arabia: CPI - all items, NSA Kuwait, Pakistan, Peru and Egypt: WPI - all items, NSA © Haver Analytics Vol 1: FIN - 49 11/30/10 J. P. MORGAN EFFECTIVE EXCHANGE RATE INDEXES Broad Index Trade Weights (Selected Currencies) (Weights in percent based on 2000 manufactures trade pattern) ------------------------------------------------------------------------U.S. Canada Euro U.K. Switzerland Poland ------------------------------------------------------------------------U.S. 0 64.8 20 14.8 11.6 6.2 Canada 16.7 0 1.7 1.8 0.9 0.5 Euro area 17.2 7.3 0 48.1 55.0 59.5 U.K. 4.3 2.5 16.1 0 6.4 5.7 Other W. Europe 2.5 1.3 12.4 6.6 2.5 6.8 Emerging Europe 1.7 0.7 13.9 3.9 4.9 8.6 Japan 14.2 6.1 9.3 6 5.7 2.9 China 8.7 4.2 6.3 3.3 3.2 2.9 Other Asia/Pacific 18.4 7.7 13.4 11.8 6.6 5.2 Mexico 11.6 4.1 1.1 0.6 0.6 0.3 Other Latin America 2.9 0.8 2.3 0.8 1.2 0.7 Other n.i.e. 1.9 0.6 3.3 2.4 1.5 0.7 ------------------------------------------------------------------------Russia Japan China Korea Turkey Singapore ------------------------------------------------------------------------U.S. 11.3 26.4 17.0 22.9 9.6 18.7 Canada 1.1 2.4 1.9 1.9 0.7 1.1 Euro area 39.6 15.6 15.2 13.3 51.4 12.1 U.K . 6.3 3.3 2.8 2.8 7.1 2.7 Other W. Europe 5 2.5 2.5 1.9 5.9 2.2 Emerging Europe 8.7 1.5 2.4 1.8 6.8 0.9 Japan 6.7 0 22.9 21.5 4.1 18.4 China 8.9 14.0 0 11.8 3.1 7.2 Other Asia/Pacific 9.2 29.6 31.5 17.4 7.5 34.5 Mexico 0.5 1.6 1.0 1.3 0.3 0.8 Other Latin America 1.0 1.6 1.3 1.9 0.7 0.5 Other n.i.e. 1.6 1.6 1.3 1.6 2.6 1.0 ------------------------------------------------------------------------Taiwan Australia Mexico Brazil ------------------------------------------------------------------------U.S. 21.0 21.3 68.4 28.9 Canada 1.9 1.6 4.2 2.5 Euro area 12.7 15.1 7.6 23.6 U.K. 2.6 6.0 1.1 2.8 Other W. Europe 1.9 3.1 1.3 3.5 Emerging Europe 1.2 0.5 0.4 1.9 Japan 22.6 15.9 5.1 7.0 China 13.2 8.9 2.9 3.2 Other Asia/Pacific 19.1 24.7 6.5 9.0 Mexico 1.2 0.6 0 2.6 Other Latin America 1.0 0.6 1.9 13.7 Other n.i.e. 1.6 1.7 0.5 1.4 © Haver Analytics Vol 1: FIN - 50 11/30/10 J. P. MORGAN EFFECTIVE EXCHANGE RATE INDEXES Narrow Index Trade Weights (Major Currencies) Trade weights based on 2000 trade in manufactured goods 1 Canada US Mexico Japan Australia New Zealand China HK Korea Trade with: Canada 0.0000 US 0.6813 Mexico 0.0432 Japan 0.0640 Australia 0.0021 New Zea 0.0007 China 0.0443 Hong Kong 0.0051 Korea 0.0186 Singapore 0.0065 Taiwan 0.0181 Euro 0.0766 Denmark 0.0019 Norway 0.0011 Sweden 0.0053 Switzerland0.0049 UK 0.0262 0.1924 0.0000 0.1338 0.1642 0.0073 0.0015 0.1001 0.0115 0.0485 0.0199 0.0450 0.1979 0.0032 0.0023 0.0106 0.0125 0.0493 0.0444 0.7198 0.0000 0.0539 0.0012 0.0003 0.0302 0.0038 0.0208 0.0054 0.0149 0.0801 0.0009 0.0006 0.0066 0.0053 0.0118 Singapore Taiwan 0.0284 0.3134 0.0192 0.0000 0.0136 0.0030 0.1657 0.0113 0.0792 0.0312 0.0811 0.1852 0.0036 0.0028 0.0101 0.0133 0.0387 Euro 0.0178 0.2408 0.0065 0.1800 0.0000 0.0418 0.1003 0.0134 0.0515 0.0308 0.0425 0.1712 0.0051 0.0014 0.0159 0.0130 0.0681 0.0171 0.2209 0.0089 0.1708 0.1912 0.0000 0.0796 0.0074 0.0333 0.0201 0.0286 0.1455 0.0051 0.0015 0.0145 0.0097 0.0458 0.0220 0.1941 0.0108 0.2611 0.0102 0.0015 0.0000 0.0394 0.0941 0.0281 0.1046 0.1731 0.0035 0.0023 0.0122 0.0108 0.0322 0.0082 0.0894 0.0029 0.1345 0.0058 0.0007 0.4676 0.0000 0.0486 0.0408 0.0821 0.0774 0.0012 0.0006 0.0039 0.0127 0.0235 Denmark Norway Sweden Switzerland UK 0.0082 0.0774 0.0032 0.0392 0.0028 0.0007 0.0375 0.0078 0.0154 0.0050 0.0140 0.5318 0.0000 0.0380 0.0957 0.0184 0.1049 0.0150 0.1112 0.0040 0.0689 0.0016 0.0003 0.0366 0.0062 0.0286 0.0051 0.0159 0.4193 0.0567 0.0000 0.1249 0.0150 0.0908 0.0115 0.1185 0.0063 0.0592 0.0049 0.0009 0.0362 0.0128 0.0140 0.0062 0.0157 0.4871 0.0475 0.0602 0.0000 0.0200 0.0991 0.0220 0.2645 0.0147 0.2480 0.0124 0.0020 0.1357 0.0123 0.0000 0.0287 0.0529 0.1534 0.0030 0.0031 0.0069 0.0085 0.0319 Trade with Canada US Mexico Japan Australia New Zea China Hong Kong Korea Singapore Taiwan Euro Denmark Norway Sweden Switzerland UK 1 0.0141 0.2447 0.0109 0.2404 0.0132 0.0018 0.0940 0.0284 0.0578 0.0000 0.0724 0.1582 0.0022 0.0014 0.0069 0.0187 0.0349 0.0209 0.2370 0.0131 0.2553 0.0101 0.0012 0.1485 0.0120 0.0599 0.0476 0.0000 0.1432 0.0026 0.0020 0.0073 0.0101 0.0292 0.0231 0.2653 0.0151 0.1238 0.0077 0.0012 0.0839 0.0140 0.0347 0.0189 0.0336 0.0000 0.0249 0.0155 0.0471 0.0768 0.2143 0.0105 0.1289 0.0069 0.0629 0.0035 0.0005 0.0353 0.0075 0.0121 0.0067 0.0153 0.6111 0.0084 0.0035 0.0154 0.0000 0.0714 0.0199 0.1667 0.0071 0.0677 0.0070 0.0011 0.0369 0.0245 0.0199 0.0127 0.0206 0.5419 0.0107 0.0094 0.0237 0.0304 0.0000 The trade weights beginning in 1994 are based on each country's 2000 bilateral trade in manufactured goods. From 1987 through 1993, weights are based on 1990 trade. Prior to 1987, the trade weights are based on 1980 trade. © Haver Analytics Vol 1: FIN - 51 11/30/10 SPOT EXCHANGE RATES: NY CLOSE National currency/US dollars Append an E to variable code for an end of period series. 1970-present Variable Variable X213SMC X193SMC Argentina Australia X122SMC X419SMC X124SMC X223SMC X156SMC X228SMC X924SMC Austria(Schillings/US$) Bahrain (Dinars/US$) Belgium (Francs/US$) Brazil (Reals/US$) Canada (Canadian$/US$) Chile (Pesos/US$) China, People's Republic (Yuan/US$) Colombia (Pesos/US$) Denmark (Kroner/US$) Ecuador (Sucres/US$) Egypt (Pounds/US$) 1 Europe (ECUs/US$) Finland (Markkaa/US$) France (Francs/US$) Germany (Deutsche (Pesos/US$) (Australian$/US$) X233SMC X128SMC X248SMC X469SMC X170SMC X172SMC X132SMC X134SMC (8708-) (6209-) (6410-) (6211-) (5701-) (8811-) marks/US$) X174SMC X532SMC Greece (Drachmas/US$) Hong Kong (Hong X534SMC X536SMC X436SMC X136SMC X158SMC X439SMC X664SMC X443SMC X446SMC X548SMC India (Rupees/US$) Indonesia (Rupiah/US$) Israel (New sheqalim/US$) Italy (Lire/US$) Japan (Yen/US$) Jordan (Dinars/US$) Kenya (Shillings/US$) Kuwait (Dinars/US$) Lebanon (Pounds/US$) Malaysia (Ringgit/US$) Kong$/US$) (5701-) X273SMC X686SMC X138SMC (5701-) X196SMC X694SMC X142SMC X449SMC X564SMC X293SMC X566SMC Mexico (New Pesos/US$) Morocco (Dirhams/US$) Netherlands (Guilders/US$) (New Zealand$/US$) Nigeria (Naira/US$) Norway (Kroner/US$) Oman (Rials Omani/US$) Pakistan (Rupees/US$) Peru (New Soles/US$) New Zealand (6001-) Philippines (Pesos/US$) X182SMC X922SMC X576SMC (9512-) Portugal (Escudos/US$) Russia (Rubles/US$) Singapore (Singapore$/US$) X199SMC South Africa X542SMC X184SMC X144SMC X146SMC South Korea (Won/US$) Spain (Pesetas/US$) Sweden (Kronor/US$) Switzerland (Rand/US$) (Francs/US$) X528SMC X578SMC X186SMC X466SMC (8708-) X112SMC (8708-) (9412-) Taiwan (Taiwan$/US$) Thailand (Baht/US$) Turkey (Lira/US$) United Arab Emirates (Dirhams/US$) United Kingdom (Pounds/US$) X299SMC Venezuela (Bolivares/US$) X754SMC X698SMC (5701-) Zambia (Kwacha/US$) Zimbabwe (Zimbabwe$/US$) Source: 1 Bridge and Generale de Banque, New York (IFS prior to 1987). Until June 1987, the Egyptian exchange rates quoted are the official fixed exchange rates. Beginning in July 1987, floating exchange rates are quoted. © Haver Analytics Vol 1: FIN - 52 11/30/10 FORWARD EXCHANGE RATES: MIDDLE, NY CLOSE National Currency/US$ Append an E to variable code for an end of period series. January 2007-present Variable Canada (Canadian$/US$) Japan (Yen/US$) X156FC1 1-month forward X158FC1 1-month forward X156FC3 3-months forward X158FC3 3-months forward X156FC6 6-months forward X158FC6 6-months forward Switzerland (Franc/US$) U.K. (Pound/US$) X146FC1 1-month forward X112FC1 1-month forward X146FC3 3-months forward X112FC3 3-months forward X146FC6 6-months forward X112FC6 6-months forward EURO SPOT AND FORWARD RATES National currency/euro January 1999-present Spot Closing Mid-pt Forward OneMonth ThreeMonth OneYear FMCZR FMDEN FMGRE FMHUN FMNWY FMPOL FMROM FMRUS FMSLO FMSWD FMSWI FMUK F1EMCZR F1EMDEN F1EMGRE F1EMHUN F1EMNWY ----F1EMSWD F1EMSWI F1EMUK F3EMCZR F3EMDEN F3EMGRE F3EMHUN F3EMNWY ----F3EMSWD F3EMSWI F3EMUK F1EYCZR F1EYDEN F1EYGRE F1EYHUN F1EYNWY ----F1EYSWD F1EYSWI F1EYUK FMARG FMBRZ FMCAN FMMEX FMUS --F1EMCAN F1EMMEX F1EMUS --F3EMCAN F3EMMEX F3EMUS --F1EYCAN F1EYMEX F1EYUS FMAUL FMHK FMIND FMINS FMISR FMJAP FMMAL FMZEA FMPHI FMSAA FMSIN FMSAF FMKOR FMTWN FMTHA FMUAE F1EMAUL F1EMHK F1EMIND F1EMINS -F1EMJAP -F1EMZEA F1EMPHI F1EMSAA F1EMSIN F1EMSAF -F1EMTWN F1EMTHA F1EMUAE F3EMAUL F3EMHK F3EMIND F3EMINS -F3EMJAP -F3EMZEA F3EMPHI F3EMSAA F3EMSIN F3EMSAF -F3EMTWN F3EMTHA F3EMUAE F1EYAUL F1EYHK F1EYIND F1EYINS -F1EYJAP -F1EYZEA F1EYPHI F1EYSAA F1EYSIN F1EYSAF -F1EYTWN F1EYTHA F1EYUAE Source: "Financial Times" © Haver Analytics Europe Czech Republic (koruna/euro) Denmark (Danish krone/euro) Greece (drachma/euro)DISCONTINUED Hungary (forint/euro) Norway (Norwegian krone/euro) Poland (zloty/euro) Romania (leu/Euro) Federation of Russia (ruble/euro) Slovakia (koruna/euro) Sweden (krona/euro) Switzerland (franc/euro) United Kingdom (pound/euro) Americas Argentina (peso/euro) Brazil (reals/euro) Canada (Canadian$/euro) Mexico (peso/euro) U.S. (US$/euro) Pacific/Middle East/Africa Australia (Australian$/euro) Hong Kong (HK$/euro) India (rupee/euro) Indonesia (rupiah/euro) Israel (shekel/euro) Japan (yen/euro) Malaysia (ringgit/euro) New Zealand (NZ$/euro) Philippines (peso/euro) Saudi Arabia (riyal/euro) Singapore (Singapore$/euro) South Africa (rand/euro) South Korea (won/euro) Taiwan (Taiwan$/euro) Thailand (baht/euro) United Arab Emirates (dirham/euro) Vol 1: FIN - 53 11/30/10 DOLLAR SPOT AND FORWARD RATES National currency/U.S. dollar March 2003-present Spot Closing Mid-pt Forward OneMonth ThreeMonth OneYear FDMCZR FDMDEN FDMEURO FDMHUN FDMNWY FDMPOL FDMROM FDMRUS FDMSLO FDMSLOV FDMSWD FDMSWI FDMTUR FDMUK F1DMCZR F1DMDEN F1DEUR F1DMHUN F1DMNWY F1DMPOL --F1DMSLO -F1DMSWD F1DMSWI -F1DMUK F3DMCZR F3DMDEN F3DEUR F3DMHUN F3DMNWY F3DMPOL --F3DMSLO -F3DMSWD F3DMSWI -F3DMUK F1DYCZR F1DYDEN F1DYEUR F1DYHUN F1DYNWY F1DYPOL --F1DYSLO -F1DYSWD F1DYSWI -F1DYUK FDMARG FDMBRZ FDMCAN FDMMEX FDMPERU --F1DMCAN F1DMMEX -- --F3DMCAN F3DMMEX -- --F1DYCAN F1DYMEX -- Americas Argentina (Peso/US$) Brazil (real/US$) Canada (Can$/US$) Mexico (Peso/US$) Peru (New sol/US$) FDMAUL FDMHK FDMIND FDMINS FDMJAP FDMMAL FDMZEA FDMPHI FDMSIN FDMKOR FDMTWN FDMTHA -F1DMHK F1DMIND -F1DMJAP --F1DMPHI F1DMSIN F1DMKOR F1DMTWN F1DMTHA -F3DMHK F3DMIND -F3DMJAP --F3DMPHI F3DMSIN F3DMKOR F3DMTWN F3DMTHA -F1DYHK F1DYIND -F1DYJAP --F1DYPHI F1DYSIN F1DYKOR F1DYTWN F1DYTHA Asia Australia (A$/US$) Hong Kong (HK$/US$) India (rupee/US$) Indonesia (rupiah/US$) Japan (Yen/US$) Malaysia (ringgit/US$) New Zealand (NZ$/US$) Philippines (Peso/US$) Singapore (Singapore$/US$) South Korea (Won/US$) Taiwan (Taiwan$/US$) Thailand (Baht/US$) FDMIRAN FDMISR FDMKUW FDMSAA FDMUAE --F1DMKUW F1DMSAA F1DMUAE --F3DMKUW F3DMSAA F3DMUAE --F1DYKUW F1DYSAA F1DYUAE Middle East Iran (Rial/US$) Israel (Shekel/US$) Kuwait (Dinar/US$) Saudi Arabia (Riyal/US$) United Arab Emirates(Dirham/US$) FDMSAF F1DMSAF F3DMSAF F1DYSAF Africa South Africa (Rand/US$) © Haver Analytics Europe Czech Republic (Koruna/US$) Denmark (Krone/US$) Euro-zone (US$/Euro) Hungary (Forint/US$) Norway (Krone/US$) Poland (Zloty/US$) Romania (Leu/US$) Russia (Ruble/US$) Slovakia (Koruna/US$) Slovenia (tolar/US$) Sweden (Krona/US$) Switzerland (Swiss franc/US$) Turkey (Lira/US$) United Kingdom (US$/Pound) Vol 1: FIN - 54 11/30/10 U.K. POUND SPOT AND FORWARD RATES National currency/U.K. Pound March 2003-present Spot Closing Mid-pt Forward OneMonth ThreeMonth OneYear FPMCZR FPMDEN FPMEUR FPMHUN FPMNWY FPMPOL FPMROM FPMRUS FPMSLO FPMSLOV FPMSWD FPMSWI FPMTUR F1PMCZR F1PMDEN F1PMEUR F1PMHUN F1PMNWY F1PMPOL --F1PMSLO -F1PMSWD F1PMSWI -- F3PMCZR F3PMDEN F3PEUR F3PMHUN F3PMNWY F3PMPOL --F3PMSLO -F3PMSWD F3PMSWI -- F1PYCZR F1PYDEN F1PYEUR F1PYHUN F1PYNWY F1PYPOL --F1PYSLO -F1PYSWD F1PYSWI -- Europe Czech Republic (Koruna/Pound) Denmark (Krone/Pound) Euro-zone (Euro/Pound) Hungary (Forint/Pound) Norway (Krone/Pound) Poland (Zloty/Pound) Romania (Leu/Pound) Russia (Ruble/Pound) Slovakia (Koruna/Pound) Slovenia (Tolar/Pound) Sweden (Krona/Pound) Switzerland (Swiss franc/Pound) Turkey (Lira/Pound) FPMARG FPMBRZ FPMCAN FPMMEX FPMPERU FPMUS --F1PMCAN F1PMMEX -F1PMUS --F3PMCAN F3PMMEX -F3PMUS --F1PYCAN F1PYMEX -F1PYUS Americas Argentina (Peso/Pound) Brazil (Real/Pound) Canada (Can$/Pound) Mexico (Peso/Pound) Peru (New sol/Pound) United States (US$/Pound) FPMAUL FPMHK FPMIND FPMINS FPMJAP FPMMAL FPMZEA FPMPHI FPMSIN FPMKOR FPMTWN FPMTHA -F1PMHK F1PMIND F1PMINS F1PMJAP -F1PMZEA F1PMPHI F1PMSIN F1PMKOR F1PMTWN F1PMTHA -F3PMHK F3PMIND F3PMINS F3PMJAP -F3PMZEA F3PMPHI F3PMSIN F3PMKOR F3PMTWN F3PMTHA -F1PYHK F1PYIND F1PYINS F1PYJAP -F1PYZEA F1PYPHI F1PYSIN F1PYKOR F1PYTWN F1PYTHA Asia Australia (A$/Pound) Hong Kong (HK$/Pound) India (Rupee/Pound) Indonesia (Rupiah/Pound) Japan (Yen/Pound) Malaysia (Ringgit/Pound) New Zealand (NZ$/Pound) Philippines (Peso/Pound) Singapore (Singapore$/Pound) South Korea (Won/Pound) Taiwan (Taiwan$/Pound) Thailand (Baht/Pound) FPMIRAN FPMISR FPMKUW FPMSAA FPMUAE --F1PMKUW F1PMSAA F1PMUAE --F3PMKUW F3PMSAA F3PMUAE --F1PYKUW F1PYSAA F1PYUAE Middle East Iran (Rial/Pound) Israel (Shekel/Pound) Kuwait (Dinar/Pound) Saudi Arabia (Riyal/Pound) United Arab Emirates(Dirham/Pound) FPMSAF F1PMSAF F3PMSAF F1PYSAF Africa South Africa (Rand/Pound) © Haver Analytics Vol 1: FIN - 55 11/30/10 MONEY STOCK AND DEBT MEASURES Billions of dollars, monthly, 1959-present SA NSA FM1 -FM2 FM2O FMZM (7401-) FM3 FD (5501-10202) FM1N FM1SN (9401-) FM2N -FMZMN FM3N FDN (5501-10202) Money stock, M1 Money stock, M1 + sweeps 1 Money stock, M2(Jan 1959-present) Money stock, M2 (Jan 1921-Dec 1946) 5 Money stock, MZM 2 Money stock, M3 (DISCONTINUED) 3 Debt of nonfinancial sectors (DISC)4 Components of Money Stock and Debt Measures FMC FMT FMD FMOT FMOC FMOI (4701-) FMCN FMTN FMDN FMOTN FMOCN FMOIN (4701-) M1 Currency Travelers checks Demand deposits Other checkable deposits At commercial banks At thrift institutions FMN2N FMMSTN FMMSCN FMMSIN FMSTTN FMSTCN FMSTIN FMGMN M2 M1 plus: M2-M1: nontransactions components in M2 Savings deposits (including MMDAs) At commercial banks At thrift institutions Small-denomination time deposits At commercial banks At thrift institutions Retail money funds FMN3 FMIOM FMSLT FMSLC FMSLI FM3RP --FM3EU FMN3N FMIOMN FMSLTN FMSLCN FMSLIN FM3RPN FM3RCN FM3RIN FM3EUN M3 M2 plus: M3-M2: nontransactions components in M3 Institutional money funds Large denomination time deposits At commercial banks At thrift institutions Overnight and term RPs At commercial banks At thrift institutions Overnight and term Eurodollars FD FMFED FMNFD FDN FMFEDN FMNFDN FMN2 FMMST FMMSC FMMSI FMSTT FMSTC FMSTI FMGM Source: DEBT (DISCONTINUED) sectors (5501-10202)Debt of nonfinancial (5501-10202) Federal debt (5501-10202) Nonfederal debt 4 Board of Governors of the Federal Reserve System. "Money Stock and Debt Measures." H.6 (508) Please see footnotes on the next page. © Haver Analytics Vol 1: FIN - 56 11/30/10 MONEY STOCK AND DEBT MEASURES (continued) Billions of dollars, monthly, 1959-present MEMORANDUM ITEMS: NSA Demand deposits at banks due to Foreign commercial banks Foreign official institutions Time and savings deposits due to Foreign banks and official institutions FMDFN FMDON FMTDN FMUBN FMUFN FMUNN FMUTN FMUSN U.S. government deposits Demand deposits at commercial banks Balances at Federal Reserve: General account Supplementary financing account Note balances at depository institutions Total cash balance Time & savings deposits at commercial banks FMITN FMICN FMIIN FMIMN IRA and Keogh accounts at commercial banks at thrift institutions at money market funds FMUDN Source: Board of Governors of the Federal Reserve System. "Money Stock and Debt Measures." H.6 (508) SA FM2C FM2R (5901-) (5901-) Real money supply, M2 (Billions chain 2000$) Ratio, personal income to M2 Source: Federal Reserve Board/BEA/Haver Analytics 1 FM1N + FMSWEEP (M1 + Sweeps of Transaction Deposits into Money Market Deposit Accounts or MMDAs). 2 Zero maturity: money measure including assets redeemable at par on demand. Calculated by Haver Analytics: (FM2+FMIOM)-FMSTT: M2 (SA) plus institutional money funds (M3, SA) less small denomination time deposits(M2, SA). 3 On March 23, 2006, the Board of Governors of the Federal Reserve System ceased publication of the M3 monetary aggregate. The Board also ceased publication of large-denomination time deposits, repurchase agreements (RPs), and Eurodollars. The Board continued publishing institutional money market mutual funds as a memorandum item in the H.6 release. M3 appeared to no longer convey any additional information about economic activity that was not already embodied in M2 and had not played a role in the monetary policy process for many years. Consequently, the Board judged that the costs of collecting the underlying data and publishing M3 outweighed the benefits. Measures of large-denomination time deposits are available from the Federal Reserve's Flow of Funds tables (Z.1 release) on a quarterly basis and from the H.8 release on a weekly basis (for commercial banks). 4 Publication of monthly debt of financial sectors in the H.6 release has been discontinued on May 2, 2002. The Federal Reserve continues to report quarterly debt series in Flow of Funds; seasonally adjusted quarterly nonfinancial debt is available in the Haver database FFUNDS with mnemonic XL38TCR5. The figures are not exactly the same because the monthly debt series were averages and the quarterly series are end of period. © Haver Analytics Vol 1: FIN - 57 11/30/10 COMMERCIAL PAPER OUTSTANDING Billions of dollars, monthly NSA SA FCPT FCPFT -- (6901-) (6901-) FCPTN FCPFTN FCPFTHN (6601-) (6601-) (10101-) FCPFTD ---FCPFTF --FCPFTO FCPNT FCPNTD FCPNTF FCPNTO FCPTAB FCPTO (9101-) FCPFTDN FCPFTDUN FCPFTDBN FCPFTDNN FCPFTFN FCPFTFBN FCPFTFNN FCPFTON FCPNTN FCPNTDN FCPNTFN FCPNTON FCPTABN FCPTON (9101-) (9101-) (9101-) (9101-) (9101-) (9101-) (9101-) (0101-) (6601-) (9101-) (9101-) (0101-) (0101-) (0101-) -- FCPTLCN (9203-) --- FCPTT1N FCPTT2N (9203-) (9203-) ----- FCPFPN FCPNPN FCPAPN FCPOPN (6601-) (9101-) (0101-) (0101-) ----- FCPFDTN FCPNDTN FCPADTN FCPODTN (6601-) (9101-) (0101-) (0101-) (9101-) (0101-) (6601-) (9101-) (9101-) (0101-) (0101-) (0101-) All issuers Financial companies Financial companies (pre-2006 definition) 1 Domestic issuers U.S. owned Foreign bank parent Foreign nonbank parent Foreign issuers Bank Other Other financial Nonfinancial companies Domestic issuers Foreign issuers Other nonfinancial Asset-backed Other commercial paper Special categories Letter of credit backed (DISCONTINUED) SEC rule 2a-7 eligible 2 Tier-1 rating Tier-2 rating Directly-placed Financial companies Nonfinancial companies Asset-backed Other directly placed Dealer placed Financial companies Nonfinancial companies Asset-backed Other dealer places Source: Federal Reserve Board. "Commercial Paper." 1 Calculated by Haver Analytics as the sum of FCPFTN@USECON and FCPTABN@USECON (financial companies + asset-backed securities). 2 This paper is eligible to money market mutual funds according to rule 2a-7 of the 1940 Investment Company Act. Not all securities are eligible. Tier-1 securities are rated at least "1" by at least two nationally recognized rating agencies. All other eligible securities are Tier 2. © Haver Analytics Vol 1: FIN - 58 11/30/10 COMMERCIAL PAPER ISSUANCE Average (For end of period append E to the code) Not Seasonally Adjusted, Monthly, January 2001-present Amount Mil.$ Number of Issues FMPTTV FMP04V FMP09V FMP20V FMP40V FMP80V FMPG8V FMPTTI FMP04I FMP09I FMP20I FMP40I FMP80I FMPG8I FCPTTV FCP04V FCP09V FCP20V FCP40V FCP80V FCPG8V FCPTTI FCP04I FCP09I FCP20I FCP40I FCP80I FCPG8I AA nonfinancial commercial paper 1-4 days 5-9 days 10-20 days 21-40 days 41-80 days 81+ days FAPTTV FAP04V FAP09V FAP20V FAP40V FAP80V FAPG8V FAPTTI FAP04I FAP09I FAP20I FAP40I FAP80I FAPG8I A2/P2 nonfinancial commercial paper 1-4 days 5-9 days 10-20 days 21-40 days 41-80 days 81+ days FFPTTV FFP04V FFP09V FFP20V FFP40V FFP80V FFPG8V FFPTTI FFP04I FFP09I FFP20I FFP40I FFP80I FFPG8I AA financial commercial paper 1-4 days 5-9 days 10-20 days 21-40 days 41-80 days 81+ days FABTTV FAB04V FAB09V FAB20V FAB40V FAB80V FABG8V FABTTI FAB04I FAB09I FAB20I FAB40I FAB80I FABG8I AA asset-backed commercial paper 1-4 days 5-9 days 10-20 days 21-40 days 41-80 days 81+ days Market commercial paper 1-4 days 5-9 days 10-20 days 21-40 days 41-80 days 81+ days Source: Board of Governors of the Federal Reserve System. "Commercial Paper." © Haver Analytics Vol 1: FIN - 59 11/30/10 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS AND THE MONETARY BASE Millions of dollars Monthly averages of daily figures 1959-present Adjusted for Changes in Reserve Requirements NSA FARATN Reserves of depository institutions 1 FARARN Required FARAXN Excess reserves 2 FARANN Nonborrowed 3 FARANPN Nonborrowed plus extended credit 4 FARABN Total borrowings from FRB (borrowed reserves) 5 FARAAN Term auction credit FARADN Other borrowings from FRB 6 Discount window borrowing: FARPRIN (10301-) Primary 7 FARSECN (10301-) Secondary 8 FARSCN Seasonal 9 FARPDRN Primary dealer and other broker-dealer credit (incl PDCF) 10 FARACPN Asset-backed commercial paper money market mutual fund liquidity facility 11 FARAIGN Credit extended to American International Group, Inc 10 FARABSN Term Asset-Backed Securities Loan Facility (TALF) 12 FARCOTN Other credit extensions 13 SA FARAT FARAR -FARAN FARANP -----------FARAM --- FARAMN FAFRE FARASN ---- FARADJN FARECN FARSLFN (9910-) Monetary base Free reserves 14 Memo: Borrowings excluding extended credit 15 Historical items (DISCONTINUED): Adjustment Extended credit Special liquidity facility 16 Not Adjusted for Changes in Reserve Requirements NSA FARTN FARBN FARVUN FARNN FARRN FARMN FARVTN FARVUN FARVSN Source: Reserves of depository institutions Reserve balances with Federal Reserve banks Vault cash used to satisfy required reserves Nonborrowed reserves of depository institutions Required reserves of depository institutions Monetary base Vault Cash Used to satisfy required reserves Surplus Board of Governors of the Federal Reserve System. "Aggregate Reserves of Depository Institutions and the Monetary Base." H.3 (502) © Haver Analytics Vol 1: FIN - 60 11/30/10 1 Total reserves = required reserves + excess reserves or Total reserves = nonborrowed reserves + borrowed reserves* * borrowed reserves is borrowings of depository institutions from the Federal Reserve prior to December 26, 2007. * borrowed reserves is borrowings of depository institutions from the Federal Reserve PLUS term auction credit starting in December 26, 2007. 2 Excess reserves is not adjusted for changes in reserve requirements. Excess reserves (FARAXN) equals unadjusted total reserves (FARTN) less unadjusted required reserves (FARRN). 3 The substantial decline in nonborrowed reserves of depository institutions since mid-December 2007 reflects the provision of a large volume of reserves through the Term Auction Facility (TAF) and has no adverse implications for the availability of reserves to the banking system. By definition, nonborrowed reserves are equal to total reserves minus borrowed reserves. Borrowed reserves are equal to credit extended through the Federal Reserve's regular discount window programs as well as credit extended through the TAF. To maintain a level of total reserves consistent with the Federal Open Market Committee's target federal funds rate, increases in borrowed reserves must generally be met by a commensurate decrease in nonborrowed reserves, which is accomplished through a reduction in the Federal Reserve's holdings of securities and other assets. The negative level of nonborrowed reserves is an arithmetic result of the fact that TAF borrowings are larger than total reserves. 4 Extended credit (FARECN) was discontinued after January 8, 2003. After January 8, 2003, the two series for nonborrowed plus extended credit, FARANP and FARANPN, are equivalent to the two series for nonborrowed reserves, FARAN and FARANN, respectively. 5 Total reserves = required reserves + excess reserves or Total reserves = nonborrowed reserves + borrowed reserves* * borrowed from the * borrowed from the December reserves is borrowings of depository institutions Federal Reserve prior to December 26, 2007. reserves is borrowings of depository institutions Federal Reserve PLUS term auction credit starting in 26, 2007. 6 On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC, as discussed in the notes to the Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks." Consistent with generally accepted accounting principles, the assets and liabilities of the LLC have been consolidated with the assets and liabilities of the FRBNY because the FRBNY is the primary beneficiary of Maiden Lane LLC. As a consequence of this consolidation, the extension of credit from the FRBNY to the LLC is eliminated from the Federal Reserve's balance sheet, and, thus, the loan is not included in borrowed reserves. 7 Primary credit is available to generally sound depository institutions on a very short-term basis, typically overnight, at a rate above the Federal Open Market Committee's target rate for federal funds. Depository institutions are not required to seek alternative sources of funds before requesting occasional short-term advances of primary credit. The Federal Reserve expects that, given the above-market pricing of primary credit, institutions will use the discount window as a backup rather than a regular source of funding. © Haver Analytics Vol 1: FIN - 61 11/30/10 8 Secondary credit is available to depository institutions not eligible for primary credit. It is extended on a very short-term basis, typically overnight, at a rate that is above the primary credit rate. Secondary credit is available to meet backup liquidity needs when its use is consistent with a timely return to a reliance on market sources of funding or the orderly resolution of a troubled institution. Secondary credit may not be used to fund an expansion of the borrower's assets. 9 Seasonal credit is available to help relatively small depository institutions meet regular seasonal needs for funds that arise from a clear pattern of intrayearly movements in their deposits and loans and that cannot be met through special industry lenders. The discount rate on seasonal credit takes into account rates charged by market sources of funds and ordinarily is re-established on the first business day of each two-week reserve maintenance period. 10 Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain other broker-dealers. 11 "Asset-backed commercial paper money market mutual fund liquidity facility" includes the new lending facility to extend non-recourse loans to U.S. depository institutions and bank holding companies to finance their purchases of high-quality asset-backed commercial paper from money market mutual funds announced by the Federal Reserve on September 19, 2008. 12 The Term Asset-Backed Securities Loan Facility (TALF) was created to help market participants meet the credit needs of households and businesses of all sizes by supporting the issuance of asset-backed securities (ABS) collateralized by loans of various types to consumers and businesses. Under the TALF, the Federal Reserve Bank of New York finances the purchase of eligible ABS by lending to holders of certain highly rated ABS backed by newly and recently originated consumer and business loans. 13 "Other Credit Extensions" is a category the includes credit extensions such as the arrangements involving JPMorgan Chase & Co. and The Bear Stearns Companies Inc. that were approved by the Board of Governors on March 14, 2008, and March 16, 2008. It also includes credit extended to the American International Group (AIG) under the authority of section 13(3) of the Federal Reserve Act announced by the Federal Reserve on September 16, 2008. 14 Free reserves (FAFRE) is excess reserves (FARAXN) less the difference between borrowings of depository institutions from the Federal Reserve (FARADN) and extended credit (FARECN). 15 Not seasonally adjusted borrowings excluding extended credit (FARASN) is borrowings of depository institutions from the Federal Reserve (FARADN) minus extended credit (FARECN). 16 Borrowing at the discount window under the terms and conditions established for Century Date Change Special Liquidity Facility in effect from October 1, 1999 through April 7, 2000. © Haver Analytics Vol 1: FIN - 62 11/30/10 Reserve Aggregates Published by the St. Louis FRB Billions of dollars Monthly, January 1921-present SA NSA FARMSR RSRVSR FARMSRN RSRVSRN Adjusted monetary base Adjusted reserves Source: The Federal Reserve Bank of St Louis. Note: "Monetary Trends." Series include deposits used to satisfy clearing balance contracts. Seasonal adjustment factors include adjustments for the Y2K buildup of precautionary currency holdings and the September 2001 interruptions in payments due to the terrorist attacks in New York City. Bank Credit at all Commercial Banks Published by the St. Louis FRB Billions of dollars, seasonally adjusted Monthly, January 1947-present FAB FABWC FABWR FABWQ Loans and investments (Excludes domestic commercial interbank loans) Loans and leases (Excludes domestic commercial interbank loans) Commercial and industrial (C&I) loans Real estate loans Consumer loans FABW2 Historical commercial bank loans (1901-1946) FABW Note: 1 Series on "Bank Credit at all Commercial Banks Published by the FRB of St. Louis" are updated using figures from the Federal Reserve Board’s H.8 Release because the H.8 Release is published ahead of the FRB of St. Louis' Monetary Trends Report. Sweeps of Transaction Deposits into MMDAs Billions of dollars, monthly, 1994-present Sweeps of transaction deposits into money market accounts FSWEEP FMSWEEP Source: 1 Initial amounts, monthly averages Cumulative total Board of Governors of the Federal Reserve System. Unpublished Historical data from 1901 through 1946 come from the Board of Governors of the Federal Reserve System, All-Bank Statistics, United States, 1896-1955. Data reported on or about June 30 each year. © Haver Analytics Vol 1: FIN - 63 11/30/10 Assets and Liabilities of Commercial Banks in the U.S. (H.8) Domestically Chartered plus Foreign-Related Institutions 1 Pro rata averages of Wednesday values Billions of dollars, Monthly SA NSA FA FAB FABY FABYG FABYGM FABYGO FABYO FABYOM FABYOO FABW FABWC FABWR FABWRH FABWRR FABWRC FABWQ FABWQC FABWQO FABWO FABWOR FABWOH FABWOW FAI FAIFF FAIE FAV FATD FATDV FATDO FAOO FAN FABN FABYN FABYGN FABYGMN FABYGON FABYON FABYOMN FABYOON FABWN FABWCN FABWRN FABWRHN FABWRRN FABWRCN FABWQN FABWQCN FABWQON FABWON FABWORN FABWOHN FABWOWN FAIN FAIFFN FAIEN FAVN FATDN FATDVN FATDON FAOON © Haver Analytics TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) 6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse RPs with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other trading assets Other assets 17 Vol 1: FIN - 64 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Domestically Chartered plus Foreign-Related Institutions 1 Pro rata averages of Wednesday values Billions of dollars, Monthly SA FBL FBD FBDVU FBDVO FBB FBBB FBBK FBTD FBTDV FBTDO FBN FBO NSA FBLN FBDN FBDVUN FBDVON FBBN FBBBN FBBKN FBTDN FBTDVN FBTDON FBNN FBON TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Net due to related fgn offices Other liabilities 19 FBR FBRN Residual (assets less liabilities) FMNT FMNTN FBCB FBSC FBSO FBSR FBCBN FBSCN FBSON FBSRN © Haver Analytics 20 MEMO Net unrealized gains (losses) on available-for-sale securities 21 Securitized consumer loans 22 Credit card & related plans Other Securitized real estate loans 22 Vol 1: FIN - 65 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Domestically Chartered Commercial Banks 1 Pro rata averages of Wednesday values Billions of dollars, Monthly SA NSA FADS FABDS FABYDS FABYGDS FABYGMDS FABYGODS FABYODS FABYOMDS FABYOODS FABWDS FABWCDS FABWRDS FABWRHDS FABWRRDS FABWRCDS FABWQDS FABWDCS FABWDOS FABWODS FABWORDS FABWOHDS FABWOWDS FAIDS FAIFFDS FAIEDS FAVDS FATDDS FATDVDS FATDODS FAOODS FADN FABDN FABYDN FABYGDN FABYGMDN FABYGODN FABYODN FABYOMDN FABYOODN FABWDN FABWCDN FABWRDN FABWRHDN FABWRRDN FABWRCDN FABWQDN FABWDCN FABWDON FABWODN FABWORDN FABWOHDN FABWOWDN FAIDN FAIFFDN FAIEDN FAVDN FATDDN FATDVDN FATDODN FAOODN © Haver Analytics TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) 6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse RPs with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other trading assets Other assets 17 Vol 1: FIN - 66 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Domestically Chartered Commercial Banks 1 Pro rata averages of Wednesday values Billions of dollars, Monthly SA NSA FBLDS FBDDS FBDVUDS FBDVODS FBBDS FBBBDS FBBKDS FBTDDS FBTDVDS FBTDODS FBNDS FBODS FBLDN FBDDN FBDVUDN FBDVODN FBBDN FBBBDN FBBKDN FBTDDN FBTDVDN FBTDODN FBNDN FBODN TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Net due to related fgn offices Other liabilities 19 FBRDS FBRDN Residual (assets less liabilities) FMNTDS FMNTDN FBCBDS FBSCDS FBSODS FBSRDS FBCBDN FBSCDN FBSODN FBSRDN © Haver Analytics 20 MEMO Net unrealized gains (losses) on available-for-sale securities 21 Securitized consumer loans 22 Credit card & related plans Other Securitized real estate loans 22 Vol 1: FIN - 67 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Large Domestically Chartered Commercial Banks1 Adjusted for Mergers Pro rata averages of Wednesday values Billions of dollars, Monthly SA NSA FALJ FABLJ FABYLJ FABYGLJ FABYGMLJ FABYGOLJ FABYOLJ FABYOMLJ FABYOOLJ FABWLJ FABWCLJ FABWRLJ FABWHLJ FABWRLOJ FABWNLJ FABWQLJ FABWQLCJ FABWQLOJ FABWOLJ FAWFLJ FABWLLJ FABWOWLJ FAILJ FAIFJ FAIEJ FAVLJ FATDLJ FATDVLJ FATDOLJ FAOOLJ FALJN FABLJN FABYLJN FABYGLJN FABYGMLN FABYGOLN FABYOLJN FABYOMLN FABYOOLN FABWLJN FABWCLJN FABWRLJN FABWHLJN FABWRLON FABWNLJN FABWQLJN FABWQLCN FABWQLON FABWOLJN FAWFLJN FABWLLJN FABWOWLN FAILJN FAIFJN FAIEJN FAVLJN FATDLJN FATDVLJN FATDOLJN FAOOLJN © Haver Analytics TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) 6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse RPs with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other trading assets Other assets 17 Vol 1: FIN - 68 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Large Domestically Chartered Commercial Banks1 Adjusted for Mergers Pro rata averages of Wednesday values Billions of dollars, Monthly SA NSA FBLLJ FBDLJ FBDVULJ FBDVOLJ FBBLJ FBBBLJ FBBKLJ FBTDLJ FBTDVLJ FBTDOLJ FBNLJ FBOLJ FBLLJN FBDLJN FBDVULJN FBDVOLJN FBBLJN FBBBLJN FBBKLJN FBTDLJN FBTDVLJN FBTDOLJN FBNLJN FBOLJN TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Net due to related fgn offices Other liabilities 19 FBRLJ FBRLJN Residual (assets less liabilities) FMNTLJ FMNTLJN FBSCL FBSCLC FBSCLO FBSRL FBSCLN FBSCLCN FBSCLON FBSRLN © Haver Analytics 20 MEMO Net unrealized gains (losses) on available-for-sale securities 21 Securitized consumer loans 22 Credit card & related plans Other Securitized real estate loans 22 Vol 1: FIN - 69 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Small Domestically Chartered Commercial Banks1 Adjusted for Mergers Pro rata averages of Wednesday values Billions of dollars, Monthly SA NSA FASJ FABSJ FABYSJ FABYGSJ FABYGMSJ FABYGOSJ FABYOSJ FABYOMSJ FABYOOSJ FABWSJ FABWCSJ FABWRSJ FABWHSJ FABWRSO FABWNSJ FABWQSJ FABWQSC FABWQSO FABWOSJ FABWORSJ FABWOHSJ FABWOWSJ FAISJ FAIFFSJ FAIESJ FAVSJ FATDSJ FATDVSJ FATDOSJ FAOOSJ FASJN FABSJN FABYSJN FABYGSJN FABYGMSN FABYGOSN FABYOSJN FABYOMSN FABYOOSN FABWSJN FABWCSJN FABWRSJN FABWHSJN FABWRSON FABWNSJN FABWQSJN FABWQSCN FABWQSON FABWOSJN FABWORSN FABWOHSN FABWOWSN FAISJN FAIFFSJN FAIESJN FAVSJN FATDSJN FATDVSJN FATDOSJN FAOOSJN © Haver Analytics TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) 6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse RPs with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other trading assets Other assets 17 Vol 1: FIN - 70 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Small Domestically Chartered Commercial Banks1 Adjusted for Mergers Pro rata averages of Wednesday values Billions of dollars, Monthly SA NSA FBLSJ FBDSJ FBDVUSJ FBDVOSJ FBBSJ FBBBSJ FBBKSJ FBTDSJ FBTDVSJ FBTDOSJ FBNSJ FBOSJ FBLSJN FBDSJN FBDVUSJN FBDVOSJN FBBSJN FBBBSJN FBBKSJN FBTDSJN FBTDVSJN FBTDOSJN FBNSJN FBOSJN TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Net due to related fgn offices Other liabilities 19 FBRSJ FBRSJN Residual (assets less liabilities) FMNTSJ FMNTSJN FBCBSJ FBSCCJ FBSCOJ FBSRS FBCBSJN FBSCCJN FBSCOJN FBSRSN © Haver Analytics 20 MEMO Net unrealized gains (losses) on available-for-sale securities 21 Securitized consumer loans 22 Credit card & related plans Other Securitized real estate loans 22 Vol 1: FIN - 71 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Foreign-Related Institutions1 Pro rata averages of Wednesday values Billions of dollars, Monthly SA NSA FAFGS FABFS FABYFS FABYGFS FABYGMFS FABYGOFS FABYOFS FABYOMFS FABYOOFS FABWFS FABWCFS FABWRFS FABWRHFS FABWRRFS FABWRCFS FABWQFS FABWQCFS FABWQOFS FABWOFS FABWOFFS FABWOOFS FABWOWFS FAIFS FAIFFFS FAIEFS FAVFS FATDFS FATDVFS FATDOFS FAOOFS FAFGN FABFN FABYFN FABYGFN FABYGMFN FABYGOFN FABYOFN FABYOMFN FABYOOFN FABWFN FABWCFN FABWRFN FABWRHFN FABWRRFN FABWRCFN FABWQFN FABWQCFN FABWQOFN FABWOFN FABWOFFN FABWOOFN FABWOWFN FAIFN FAIFFFN FAIEFN FAVFN FATDFN FATDVFN FATDOFN FAOOFN © Haver Analytics TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) 6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse RPs with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other trading assets Other assets 17 Vol 1: FIN - 72 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Foreign-Related Institutions1 Pro rata averages of Wednesday values Billions of dollars, Monthly SA NSA FBLFS FBDFS FBDVLFS FBDVOFS FBBFS FBBBFS FBBKFS FBTDFS FBTDVFS FBTDOFS FBNFS FBOFS FBLFN FBDFN FBDVLFN FBDVOFN FBBFN FBBBFN FBBKFN FBTDFN FBTDVFN FBTDOFN FBNFN FBOFN TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Net due to related fgn offices Other liabilities 19 FBRFS FBRFN Residual (assets less liabilities) FMNTFS FMNTFN FBCBFS FBSCFS FBSOFS FBSRFS FBCBFN FBSCFN FBSOFN FBSRFN © Haver Analytics 20 MEMO Net unrealized gains (losses) on available-for-sale securities 21 Securitized consumer loans 22 Credit card & related plans Other Securitized real estate loans 22 Vol 1: FIN - 73 11/30/10 Assets and Liabilities of Commercial Banks (Continued) 1 Data include the following types of institutions in the 50 states and DC: domestically chartered commercial banks; U.S. branches and agencies of foreign banks; and Edge Act and agreement corporations (foreign-related institutions). Data exclude International Banking Facilities. Weekly data are Wednesday values; monthly data are pro rata averages of Wednesday values. The data for domestically chartered commercial banks and U.S. branches and agencies of foreign banks are estimated by benchmarking weekly data provided by a sample of banks to quarter-end reports of condition (Call Reports). Large domestically chartered commercial banks are defined as the top 25 domestically chartered commercial banks, ranked by domestic assets as of the previous commercial bank Call Report to which the H.8 release data have been benchmarked. For example, if a large bank is acquired by a commercial bank, or if a large bank leaves the commercial bank universe, it is replaced with the bank next in line, typically the bank ranked number 26. If a nonbank converts to a commercial bank charter, or if a small bank becomes large in size, it is not considered for the large bank panel (regardless of size) until the data are benchmarked to the subsequent Call Report. Small domestically chartered commercial banks are defined as all domestically chartered commercial banks not included in the top 25. The data for large and small domestically chartered banks are adjusted to remove the estimated effects of mergers and panel shifts between these two groups. These adjustments change past levels to make them comparable with current levels. Estimated balances are removed from past data for the bank group that lost the assets, and added to past data for the bank group that acquired those assets. Balance sheet data for banks acquired in mergers are obtained from Call Reports or from the most recent weekly sample report, if available. A ratio procedure is used to adjust past levels. 2 Includes securities held in trading accounts, held-to-maturity, and available-for-sale. Excludes all non-security trading assets, such as derivatives with a positive fair value (included in line 27) or loans held in trading accounts (included in line 9). 3 Treasury securities are liabilities of the U.S. government. Agency securities are liabilities of U.S. government agencies and U.S. government-sponsored enterprises. 4 Includes mortgage-backed securities (MBS) issued by U.S. government agencies or by U.S. government-sponsored enterprises such as the Government National Mortgage Association (GNMA), the Federal National Mortgage Association (FNMA), or the Federal Home Loan Mortgage Corporation (FHLMC). Includes pass-through securities, collateralized mortgage obligations (CMOs), real estate mortgage investment conduits (REMICs), CMO and REMIC residuals, and stripped MBS. 5 Includes U.S. Treasury securities and U.S. Government agency obligations other than MBS. 6 Includes pass-through securities not guaranteed by the U.S. government and other MBS issued by non-U.S. government issuers, including those collateralized by MBS issued or guaranteed by FNMA, FHLMC, or GNMA. 7 Includes securities issued by states and political subdivisions in the United States, asset-backed securities (ABS), other domestic and foreign debt securities, and investments in mutual funds and other equity securities with readily determinable fair values. 8 Excludes unearned income. Includes the allowance for loan and lease losses. Excludes federal funds sold to, reverse RPs with, and loans made to commercial banks, all of which are included in line 22. Includes all loans held in trading accounts under a fair value option. 9 Includes first and junior liens on closed-end loans secured by 1-4 family residential properties. 10 Includes construction, land development, and other land loans, and loans secured by farmland, multifamily (5 or more) residential properties, and nonfarm nonresidential properties. 11 Includes loans for purchasing automobiles and mobile homes, student loans, loans for medical expenses and vacations, and loans for other personal expenditures. © Haver Analytics Vol 1: FIN - 74 11/30/10 Assets and Liabilities of Commercial Banks (Continued) 12 13 14 15 16 17 18 19 20 21 22 Fed funds are included in lines 19 and 23 by counterparty. Before July 1, 2009, most small domestically chartered banks reported only the total, which was distributed as 85 percent with banks (line 23) and 15 percent with nonbanks (line 19). Line 19 includes fed funds with brokers and dealers and with others, including the Federal Home Loan Banks (FHLB). Includes loans for purchasing or carrying securities, loans to finance agricultural production, loans to foreign governments and foreign banks, obligations of states and political subdivisions, loans to nonbank depository institutions, loans to nonbank financial institutions, unplanned overdrafts, loans not elsewhere classified, and lease financing receivables. Includes vault cash, cash items in process of collection, balances due from depository institutions, and balances due from Federal Reserve Banks. Excludes most securities held in trading accounts (included in line 2). Trading account securities at some smaller domestically chartered commercial banks are included in this item. Fair value of derivative contracts (interest rate, foreign exchange rate, other commodity and equity contracts) in a gain/loss position, as determined under FASB Interpretation No. 39 (FIN 39). Excludes the due-from position with related foreign offices, which is included in line 39. Includes other real estate owned, premises and fixed assets, investments in unconsolidated subsidiaries, intangible assets (including goodwill), direct and indirect investments in real estate ventures, accounts receivable, and other assets. Includes liabilities for short positions and other trading liabilities to which fair value accounting has been applied. Includes subordinated notes and debentures, net deferred tax liabilities, interest and other expenses accrued and unpaid, accounts payable, and other liabilities. This balancing item is not intended as a measure of equity capital for use in capital adequacy analysis. On a seasonally adjusted basis this item reflects any differences in the seasonal patterns estimated for total assets and total liabilities. Difference between fair value and historical cost for securities classified as available-for-sale under FASB Statement 115. Data have been adjusted to include an estimate of tax effects, omitted from the reported data. Includes the outstanding principal balance of assets sold and securitized by commercial banks with servicing retained or with recourse or other seller-provided credit enhancements. © Haver Analytics Vol 1: FIN - 75 11/30/10 Variable FAA FABA FABYA FABYGA FABYGMA FABYGOA FABYOA FABYOMA FABYOOA FABWA FABWCA FABWRA FABWRHA FABWRRA FABWRCA FABWQA FABWQCA FABWQOA FABWOA FABWORA FABWOHA FABWOWA FAIA FAIFFA FAIEA FAVA FATDA FATDVA FATDOA FAOOA © Haver Analytics Assets and Liabilities of Commercial Banks (H.8) All Commercial Banks (Domestically Chartered plus Foreign-Related Institutions) Based on pro rata averages of Wednesday values Break Adjusted 1 Monthly, Seasonally Adjusted TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) 6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse RPs with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other trading assets Other assets 17 Vol 1: FIN - 76 11/30/10 Assets and Liabilities of Commercial Banks (H.8) All Commercial Banks (Domestically Chartered plus Foreign-Related Institutions) Based on pro rata averages of Wednesday values Break Adjusted 1 Monthly, Seasonally Adjusted Variable FBLA FBDA FBDVUA FBDVOA FBBOA FBBBA FBBKA FBTDA FBTDVA FBTDOA FBOA TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Other liabilities 19 FBRA Residual (assets less liabilities) FBCBA FBSCA FBSOA FBSRA MEMO Securitized consumer loans 22 Credit card & related plans Other Securitized real estate loans 20 22 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 77 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Domestically Chartered Commercial Banks Based on pro rata averages of Wednesday values Break Adjusted 1 Monthly, Seasonally Adjusted Variable FADA FABDA FABYDA FABYGDA FABGMDA FABGODA FABYODA FABOMDA FABOODA FABWDA FABWCDA FABWRDA FABWHDA FABRRDA FABRCDA FABWQDA FABWDCA FABWDOA FABWODA FABORDA FABOHDA FABOWDA FAIDA FAIFFDA FAIEDA FAVDA FATDDA FATDVDA FATDODA FAOODA TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) 6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse RPs with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other trading assets Other assets 17 FBLDA FBDDA FBDVUDA FBDVODA FBBDA FBBBDA FBBKDA FBTDDA FBTDVDA FBTDODA FBODA TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Other liabilities 19 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 78 11/30/10 Variable Assets and Liabilities of Commercial Banks (H.8) Large Domestically Chartered Commercial Banks Adjusted for Mergers Based on pro rata averages of Wednesday values Break Adjusted 1 Monthly, Seasonally Adjusted FALJA FABLJA FABYLJA FABGLJA FABGMLA FABGOLA FABOLJA FABOMLA FABOOLA FABWLJA FABCLJA FABRLJA FABHLJA FABRLOA FABNLJA FABQLJA FABQLCA FABQLOA FABLOJA FAWFLJA FABLLJA FABOWLA FAILJA FAIFJA FAIEJA FAVLJA FATDLJA FATVLJA FATOLJA FAOOLJA TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) 6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse RPs with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other trading assets Other assets 17 FBLLJA FBDLJA FBDULJA FBDOLJA FBBLJA FBBBLJA FBBKLJA FBTDLJA FBTVLJA FBTOLJA FBOLJA TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Other liabilities 19 FBRLJA Residual (assets less liabilities) FBSCLA FBSCLOA FBSRLA MEMO Securitized consumer loans 22 Other Securitized real estate loans 20 22 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 79 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Small Domestically Chartered Commercial Banks Adjusted for Mergers Based on pro rata averages of Wednesday values Break Adjusted 1 Monthly, Seasonally Adjusted Variable FASJA FABSJA FABYSJA FABGSJA FABGMSA FABGOSA FABOSJA FABOMSA FABOOSA FABWSJA FABCSJA FABRSJA FABHSJA FABRSOA FABNSJA FABQSJA FABQSCA FABQSOA FABSOJA FABORSA FABOHSA FABOWSA FAISJA FAIFSJA FAIESJA FAVSJA FATDSJA FATVSJA FAOOSJA TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) 6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse RPs with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other assets 17 FBLSJA FBDSJA FBDUSJA FBDOSJA FBBSJA FBBBSJA FBBKSJA FBTDSJA FBTVSJA FBTOSJA FBOSJA TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Other liabilities 19 FBRSJA Residual (assets less liabilities) FBCBSJA FBSCCJA FBSRSA MEMO Securitized consumer loans 22 Credit card & related plans Securitized real estate loans 20 22 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 80 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Foreign-Related Institutions Based on pro rata averages of Wednesday values Break Adjusted 1 Monthly, Seasonally adjusted Variable FAFGA FABFA FABYFA FABYGFA FABGMFA FABGOFA FABYOFA FABOMFA FABONFA FABWFA FABWCFA FABWRFA FABRHFA FABRRFA FABRCFA FABWQFA FABQOFA FABWOFA FABOFFA FABOOFA FABOWFA FAIFA FAIFFFA FAIEFA FAVFA FATDFA FATDVFA FATDOFA FAOOFA TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) 6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Other consumer loans 11 Other loans & leases Fed funds and reverse RPs with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other trading assets Other assets 17 FBLFA FBDFA FBDVLFA FBDVOFA FBBFA FBBBFA FBBKFA FBTDFA FBTDVFA FBTDOFA FBOFA TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Other liabilities 19 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 81 11/30/10 Assets and Liabilities of Commercial Banks (Continued) 1 Calculated by Haver Analytics using the level data and the break adjusted percent changes reported by the FRB to create a break-adjusted level series. 2 Includes securities held in trading accounts, held-to-maturity, and available-for-sale. Excludes all non-security trading assets, such as derivatives with a positive fair value (included in line 27) or loans held in trading accounts (included in line 9). 3 Treasury securities are liabilities of the U.S. government. Agency securities are liabilities of U.S. government agencies and U.S. government-sponsored enterprises. 4 Includes mortgage-backed securities (MBS) issued by U.S. government agencies or by U.S. government-sponsored enterprises such as the Government National Mortgage Association (GNMA), the Federal National Mortgage Association (FNMA), or the Federal Home Loan Mortgage Corporation (FHLMC). Includes pass-through securities, collateralized mortgage obligations (CMOs), real estate mortgage investment conduits (REMICs), CMO and REMIC residuals, and stripped MBS. 5 Includes U.S. Treasury securities and U.S. Government agency obligations other than MBS. 6 Includes pass-through securities not guaranteed by the U.S. government and other MBS issued by non-U.S. government issuers, including those collateralized by MBS issued or guaranteed by FNMA, FHLMC, or GNMA. 7 Includes securities issued by states and political subdivisions in the United States, asset-backed securities (ABS), other domestic and foreign debt securities, and investments in mutual funds and other equity securities with readily determinable fair values. 8 Excludes unearned income. Includes the allowance for loan and lease losses. Excludes federal funds sold to, reverse RPs with, and loans made to commercial banks, all of which are included in line 22. Includes all loans held in trading accounts under a fair value option. 9 Includes first and junior liens on closed-end loans secured by 1-4 family residential properties. 10 Includes construction, land development, and other land loans, and loans secured by farmland, multifamily (5 or more) residential properties, and nonfarm nonresidential properties. 11 Includes loans for purchasing automobiles and mobile homes, student loans, loans for medical expenses and vacations, and loans for other personal expenditures. 12 Fed funds are included in lines 19 and 23 by counterparty. Before July 1, 2009, most small domestically chartered banks reported only the total, which was distributed as 85 percent with banks (line 23) and 15 percent with nonbanks (line 19). Line 19 includes fed funds with brokers and dealers and with others, including the Federal Home Loan Banks (FHLB). 13 Includes loans for purchasing or carrying securities, loans to finance agricultural production, loans to foreign governments and foreign banks, obligations of states and political subdivisions, loans to nonbank depository institutions, loans to nonbank financial institutions, unplanned overdrafts, loans not elsewhere classified, and lease financing receivables. 14 Includes vault cash, cash items in process of collection, balances due from depository institutions, and balances due from Federal Reserve Banks. 15 Excludes most securities held in trading accounts (included in line 2). Trading account securities at some smaller domestically chartered commercial banks are included in this item. 16 Fair value of derivative contracts (interest rate, foreign exchange rate, other commodity and equity contracts) in a gain/loss position, as determined under FASB Interpretation No. 39 (FIN 39). 17 Excludes the due-from position with related foreign offices, which is included in line 39. Includes other real estate owned, premises and fixed assets, investments in unconsolidated subsidiaries, intangible assets (including goodwill), direct and indirect investments in real estate ventures, accounts receivable, and other assets. 18 Includes liabilities for short positions and other trading liabilities to which fair value accounting has been applied. © Haver Analytics Vol 1: FIN - 82 11/30/10 Assets and Liabilities of Commercial Banks (Continued) 19 20 21 22 Includes subordinated notes and debentures, net deferred tax liabilities, interest and other expenses accrued and unpaid, accounts payable, and other liabilities. This balancing item is not intended as a measure of equity capital for use in capital adequacy analysis. On a seasonally adjusted basis this item reflects any differences in the seasonal patterns estimated for total assets and total liabilities. Difference between fair value and historical cost for securities classified as available-for-sale under FASB Statement 115. Data have been adjusted to include an estimate of tax effects, omitted from the reported data. Includes the outstanding principal balance of assets sold and securitized by commercial banks with servicing retained or with recourse or other seller-provided credit enhancements. © Haver Analytics Vol 1: FIN - 83 11/30/10 Assets and Liabilities of Commercial Banks (H.8) All Commercial Banks (Domestically Chartered plus Foreign-Related Institutions) Based on pro rata averages of Wednesday values Break Adjusted Percent Changes 1 Monthly SAAR Quarterly SAAR Annual FAK FABK FABYK FABYGK FABYGMK FABYGOK FAKQ FABKQ FABYKQ FABYGKQ FABYGMKQ FABYGOKQ FAKA FABKA FABYKA FABYGKA --- FABYOK FABYOMK FABYOOK FABYOKQ FABYOMKQ FABYOOKQ FABYOKA --- FABWK FABWCK FABWRK FABWRHK FABWRRK FABWRCK FABWQK FABWQCK FABWQOK FABWOK FABWORK FABWKQ FABWCKQ FABWRKQ FABWRHKQ FABWRRKQ FABWRCKQ FABWQKQ FABWQCKQ FABWQOKQ FABWOKQ FABWORKQ FABWKA FABWCKA FABWRKA FABWRHKA FABWRRKA FABWRCKA FABWQKA FABWQCKA FABWQOKA FABWOKA FABWORKA FABWOHK FABWOWK FABWOHKQ FABWOWKQ FABWOHKA -- FAIK FAIFFK FAIEK FAVK FATDK FATDVK FATDOK FAOOK FAIKQ FAIFFKQ FAIEKQ FAVKQ FATDKQ FATDVKQ FATDOKQ FAOOKQ FAIKA FAIFFKA FAIEKA FAVKA ---FAOOKA TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS)4+ Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS)6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse Rps with nonbanks 12 All other loans and leases13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other trading assets Other assets 17 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 84 11/30/10 Assets and Liabilities of Commercial Banks (H.8) All Commercial Banks (Domestically Chartered plus Foreign-Related Institutions) Based on pro rata averages of Wednesday values Break Adjusted Percent Changes 1 Monthly SAAR Quarterly SAAR Annual FBLK FBDK FBDVUK FBDVOK FBBOK FBBBK FBBKK FBTDK FBTDVK FBLKQ FBDKQ FBDVUKQ FBDVOKQ FBBOKQ FBBBKQ FBBKKQ FBTDKQ FBTDVKQ FBLKA FBDKA FBDVUKA FBDVOKA FBBOKA FBBBKA FBBKKA --- FBTDOK FBOK FBTDOKQ FBOKQ -FBOKA TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Other liabilities 19 FBRK FBRKQ FBRKA Residual (assets less liabilities)20 FBCBK FBSCK FBSOK FBSRK FBCBKQ FBSCKQ FBSOKQ FBSRKQ FBCBKA FBSCKA FBSOKA FBSRKA MEMO Securitized consumer loans 22 Credit card & related plans Other Securitized real estate loans 22 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 85 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Domestically Chartered Commercial Banks Based on pro rata averages of Wednesday values Break Adjusted Percent Changes 1 Monthly SAAR Quarterly SAAR Annual FADK FABDK FABYDK FABYGDK FABGMDK FABGODK FADKQ FABDKQ FABYDKQ FABYGDKQ FABGMDKQ FABGODKQ FADKA FABDKA FABYDKA FABYGDKA --- FABYODK FABOMDK FABOODK FABYODKQ FABOMDKQ FABOODKQ FABYODKA --- FABWDK FABWCDK FABWRDK FABWHDK FABRRDK FABRCDK FABWQDK FABWDCK FABWDOK FABWODK FABORDK FABWDKQ FABWCDKQ FABWRDKQ FABWHDKQ FABRRDKQ FABRCDKQ FABWQDKQ FABWDCKQ FABWDOKQ FABWODKQ FABORDKQ FABWDKA FABWCDKA FABWRDKA FABWHDKA FABRRDKA FABRCDKA FABWQDKA FABWDCKA FABWDOKA FABWODKA FABORDKA FABOHDK FABOWDK FABOHDKQ FABOWDKQ FABOHDKA -- FAIDK FAIFFDK FAIEDK FAVDK FATDDK FATDVDK FATDODK FAOODK FAIDKQ FAIFFDKQ FAIEDKQ FAVDKQ FATDDKQ FATDVDKQ FATDODKQ FAOODKQ FAIDKA FAIFFDKA FAIEDKA FAVDKA ---FAOODKA TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS)4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS)6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse Rps with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other trading assets Other assets 17 FBLDK FBDDK FBDVUDK FBDVODK FBBDK FBBBDK FBBKDK FBTDDK FBTDVDK FBTDODK FBODK FBLDKQ FBDDKQ FBDVUDKQ FBDVODKQ FBBDKQ FBBBDKQ FBBKDKQ FBTDDKQ FBTDVDKQ FBTDODKQ FBODKQ FBLDKA FBDDKA FBDVUDKA FBDVODKA FBBDKA FBBBDKA FBBKDKA ---FBODKA TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Other liabilities 19 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 86 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Large Domestically Chartered Commercial Banks Adjusted for Mergers Based on pro rata averages of Wednesday values Break Adjusted Percent Changes 1 Monthly SAAR Quarterly SAAR Annual FALJK FABLJK FABYLJK FABGLJK FABGMLK FABGOLK FALJKQ FABLJKQ FABYLJKQ FABGLJKQ FABGMLKQ FABGOLKQ FALJKA FABLJKA FABYLJKA FABGLJKA FABGMLKA FABGOLKA FABOLJK FABOMLK FABOOLK FABOLJKQ FABOMLKQ FABOOLKQ FABOLJKA FABOMLKA FABOOLKA FABWLJK FABCLJK FABRLJK FABHLJK FABRLOK FABNLJK FABQLJK FABQLCK FABWLJKQ FABCLJKQ FABRLJKQ FABHLJKQ FABRLOKQ FABNLJKQ FABQLJKQ FABQLCKQ FABWLJKA FABCLJKA FABRLJKA FABHLJKA FABRLOKA FABNLJKA FABQLJKA FABQLCKA FABQLOK FABLOJK FAWFLJK FABQLOKQ FABLOJKQ FAWFLJKQ FABQLOKA FABLOJKA FAWFLJKA FABLLJK FABOWLK FABLLJKQ FABOWLKQ FABLLJKA FABOWLKA FAILJK FAIFJK FAIEJK FAVLJK FATDLJK FATVLJK FATOLJK FAOOLJK FAILJKQ FAIFJKQ FAIEJKQ FAVLJKQ FATDLJKQ FATVLJKQ FATOLJKQ FAOOLJKQ FAILJKA FAIFJKA FAIEJKA FAVLJKA -FATVLJKA -FAOOLJKA TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) 6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse RPs with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value16 Other trading assets Other assets 17 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 87 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Large Domestically Chartered Commercial Banks Adjusted for Mergers Based on pro rata averages of Wednesday values Break Adjusted Percent Changes 1 Monthly SAAR Quarterly SAAR Annual FBLLJK FBDLJK FBDULJK FBDOLJK FBBLJK FBBBLJK FBBKLJK FBTDLJK FBTVLJK FBTOLJK FBOLJK FBLLJKQ FBDLJKQ FBDULJKQ FBDOLJKQ FBBLJKQ FBBBLJKQ FBBKLJKQ FBTDLJKQ FBTVLJKQ FBTOLJKQ FBOLJKQ FBLLJKA FBDLJKA FBDULJKA FBDOLJKA FBBLJKA FBBBLJKA FBBKLJKA FBTDLJKA FBTVLJKA FBTOLJKA FBOLJKA TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Other liabilities 19 FBRLJK FBRLJKQ FBRLJKA Residual (assets less liabilities) FBSCLK FBSCLCK FBSCLOK FBSRLK FBSCLKQ FBSCLCKQ FBSCLOKQ FBSRLKQ FBSCLKA FBSCLCKA FBSCLOKA FBSRLKA MEMO Securitized consumer loans 22 Credit card & related plans Other Securitized real estate loans 20 22 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 88 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Small Domestically Chartered Commercial Banks Adjusted for Mergers Based on pro rata averages of Wednesday values Break Adjusted Percent Changes 1 Monthly SAAR Quarterly SAAR Annual FASJK FABSJK FABYSJK FABGSJK FABGMSK FASJKQ FABSJKQ FABYSJKQ FABGSJKQ FABGMSKQ FASJKA FABSJKA FABYSJKA FABGSJKA -- FABGOSK FABGOSKQ FABOSJK FABOMSK FABOOSK FABOSJKQ FABOMSKQ FABOOSKQ FABOSJKA --- FABWSJK FABCSJK FABRSJK FABHSJK FABRSOK FABNSJK FABQSJK FABQSCK FABWSJKQ FABCSJKQ FABRSJKQ FABHSJKQ FABRSOKQ FABNSJKQ FABQSJKQ FABQSCKQ FABWSJKA FABCSJKA FABRSJKA FABHSJKA FABRSOKA FABNSJKA FABQSJKA FABQSCKA FABQSOK FABSOJK FABORSK FABQSOKQ FABSOJKQ FABORSKQ FABQSOKA FABSOJKA FABORSKA FABOHSK FABOWSK FABOHSKQ FABOWSKQ FABOHSKA -- FAISJK FAIFSJK FAIESJK FAVSJK FATDSJK FATVSJK FAISJKQ FAIFSJKQ FAIESJKQ FAVSJKQ FATDSJKQ FATVSJKQ FAISJKA FAIFSJKA FAIESJKA FAVSJKA --- FATOSJK FAOOSJK FATOSJKQ FAOOSJKQ -FAOOSJKA -- TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans 9 Commercial real estate loans 10 Consumer loans Credit cards & other revolving plans Other consumer loans 11 Other loans & leases Fed funds and reverse Rps with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value 16 Other trading assets Other assets 17 6 12 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 89 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Small Domestically Chartered Commercial Banks Adjusted for Mergers Based on pro rata averages of Wednesday values Break Adjusted Percent Changes 1 Monthly SAAR Quarterly SAAR Annual FBLSJK FBDSJK FBDUSJK FBDOSJK FBBSJK FBBBSJK FBBKSJK FBTDSJK FBTVSJK FBTOSJK FBOSJK FBLSJKQ FBDSJKQ FBDUSJKQ FBDOSJKQ FBBSJKQ FBBBSJKQ FBBKSJKQ FBTDSJKQ FBTVSJKQ FBTOSJKQ FBOSJKQ FBLSJKA FBDSJKA FBDUSJKA FBDOSJKA FBBSJKA FBBBSJKA FBBKSJKA ---FBOSJKA TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Other liabilities 19 FBRSJK FBRSJKQ FBRSJKA Residual (assets less liabilities) FBCBSJK FBSCCJK FBSCOJK FBSRSK FBCBSJKQ FBSCCJKQ FBSCOJKQ FBSRSKQ FBCBSJKA FBSCCJKA FBSCOJKA FBSRSKA MEMO Securitized consumer loans 22 Credit card & related plans Other Securitized real estate loans 20 22 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 90 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Foreign-Related Institutions Based on pro rata averages of Wednesday values Break Adjusted Percent Changes 1 Monthly SAAR Quarterly SAAR Annual FAFGK FABFK FABYFK FABYGFK FABGMFK FABGOFK FAFGKQ FABFKQ FABYFKQ FABYGFKQ FABGMFKQ FABGOFKQ FAFGKA FABFKA FABYFKA FABYGFKA --- FABYOFK FABOMFK FABONFK FABYOFKQ FABOMFKQ FABONFKQ FABYOFKA --- FABWFK FABWCFK FABWRFK FABRHFK FABRRFK FABRCFK FABWQFK FABQOFK FABWOFK FABOFFK FABWFKQ FABWCFKQ FABWRFKQ FABRHFKQ FABRRFKQ FABRCFKQ FABWQFKQ FABQOFKQ FABWOFKQ FABOFFKQ FABWFKA FABWCFKA FABWRFKA -----FABWOFKA FABOFFKA FABOOFK FABOWFK FABOOFKQ FABOWFKQ FABOOFKA -- FAIFK FAIFFFK FAIEFK FAVFK FATDFK FATDVFK FATDOFK FAOOFK FAIFKQ FAIFFFKQ FAIEFKQ FAVFKQ FATDFKQ FATDVFKQ FATDOFKQ FAOOFKQ FAIFKA FAIFFFKA FAIEFKA FAVFKA -FATDVFKA -FAOOFKA TOTAL ASSETS Bank credit Securities in bank credit 2 Treasury and Agency securities 3 Mortgage-backed securities (MBS) 4 Non-mortgage backed securities (non-MBS) 5 Other securities Mortgage-backed securities (MBS) 6 Non-mortgage backed securities (non-MBS) 7 Loans and leases in bank credit 8 Commercial and industrial loans Real estate loans Revolving home equity loans Closed-end residential loans9 Commercial real estate loans10 Consumer loans Other consumer loans 11 Other loans & leases Fed funds and reverse Rps with nonbanks 12 All other loans and leases 13 LESS: Allowance for loan and lease losses Interbank loans 12 Fed funds and reverse RPs with banks 12 Loans to commercial banks Cash assets 14 Trading assets 15 Derivatives with a positive fair value16 Other trading assets Other assets 17 Please see footnotes at the end of the section. © Haver Analytics Vol 1: FIN - 91 11/30/10 Assets and Liabilities of Commercial Banks (H.8) Foreign-Related Institutions Based on pro rata averages of Wednesday values Break Adjusted Percent Changes 1 Monthly SAAR Quarterly SAAR Annual FBLFK FBDFK FBDVLFK FBDVOFK FBBFK FBBBFK FBBKFK FBTDFK FBTDVFK FBTDOFK FBOFK FBLFKQ FBDFKQ FBDVLFKQ FBDVOFKQ FBBFKQ FBBBFKQ FBBKFKQ FBTDFKQ FBTDVFKQ FBTDOFKQ FBOFKQ FBLFKA FBDFKA FBDVLFKA FBDVOFKA FBBFKA FBBBFKA FBBKFKA FBTDFKA FBTDVFKA FBTDOFKA FBOFKA 1 2 3 4 5 6 7 TOTAL LIABILITIES Deposits Large time deposits Other deposits Borrowings From banks in the U.S. From others Trading liabilities 18 Derivatives with a negative fair value Other trading liabilities Other liabilities 19 The percent changes have been adjusted to remove the effects of nonbank structure activity of $5 billion or more, as well as the estimated effects of the initial consolidation of certain variable interest entities (FIN 46) and off-balance-sheet vehicles (FAS 166/167). The adjustments are generally made using the figures reported in the H.8 Notes on the Data. A ratio procedure is used to adjust past levels to make them comparable with current levels. Includes securities held in trading accounts, held-to-maturity, and available-for-sale. Excludes all non-security trading assets, such as derivatives with a positive fair value (included in line 27) or loans held in trading accounts (included in line 9). Treasury securities are liabilities of the U.S. government. Agency securities are liabilities of U.S. government agencies and U.S. government-sponsored enterprises. Includes mortgage-backed securities (MBS) issued by U.S. government agencies or by U.S. government-sponsored enterprises such as the Government National Mortgage Association (GNMA), the Federal National Mortgage Association (FNMA), or the Federal Home Loan Mortgage Corporation (FHLMC). Includes pass-through securities, collateralized mortgage obligations (CMOs), real estate mortgage investment conduits (REMICs), CMO and REMIC residuals, and stripped MBS. Includes U.S. Treasury securities and U.S. Government agency obligations other than MBS. Includes pass-through securities not guaranteed by the U.S. government and other MBS issued by non-U.S. government issuers, including those collateralized by MBS issued or guaranteed by FNMA, FHLMC, or GNMA. Includes securities issued by states and political subdivisions in the United States, asset-backed securities (ABS), other domestic and foreign debt securities, and investments in mutual funds and other equity securities with readily determinable fair values. © Haver Analytics Vol 1: FIN - 92 11/30/10 Assets and Liabilities of Commercial Banks (Continued) 8 Excludes unearned income. Includes the allowance for loan and lease losses. Excludes federal funds sold to, reverse RPs with, and loans made to commercial banks, all of which are included in line 22. Includes all loans held in trading accounts under a fair value option. 9 Includes first and junior liens on closed-end loans secured by 1-4 family residential properties. 10 Includes construction, land development, and other land loans, and loans secured by farmland, multifamily (5 or more) residential properties, and nonfarm nonresidential properties. 11 Includes loans for purchasing automobiles and mobile homes, student loans, loans for medical expenses and vacations, and loans for other personal expenditures. 12 Fed funds are included in lines 19 and 23 by counterparty. Before July 1, 2009, most small domestically chartered banks reported only the total, which was distributed as 85 percent with banks (line 23) and 15 percent with nonbanks (line 19). Line 19 includes fed funds with brokers and dealers and with others, including the Federal Home Loan Banks (FHLB). 13 Includes loans for purchasing or carrying securities, loans to finance agricultural production, loans to foreign governments and foreign banks, obligations of states and political subdivisions, loans to nonbank depository institutions, loans to nonbank financial institutions, unplanned overdrafts, loans not elsewhere classified, and lease financing receivables. 14 Includes vault cash, cash items in process of collection, balances due from depository institutions, and balances due from Federal Reserve Banks. 15 Excludes most securities held in trading accounts (included in line 2). Trading account securities at some smaller domestically chartered commercial banks are included in this item. 16 Fair value of derivative contracts (interest rate, foreign exchange rate, other commodity and equity contracts) in a gain/loss position, as determined under FASB Interpretation No. 39 (FIN 39). 17 Excludes the due-from position with related foreign offices, which is included in line 39. Includes other real estate owned, premises and fixed assets, investments in unconsolidated subsidiaries, intangible assets (including goodwill), direct and indirect investments in real estate ventures, accounts receivable, and other assets. 18 Includes liabilities for short positions and other trading liabilities to which fair value accounting has been applied. 19 Includes subordinated notes and debentures, net deferred tax liabilities, interest and other expenses accrued and unpaid, accounts payable, and other liabilities. 20 This balancing item is not intended as a measure of equity capital for use in capital adequacy analysis. On a seasonally adjusted basis this item reflects any differences in the seasonal patterns estimated for total assets and total liabilities. 21 Difference between fair value and historical cost for securities classified as available-for-sale under FASB Statement 115. Data have been adjusted to include an estimate of tax effects, omitted from the reported data. 22 Includes the outstanding principal balance of assets sold and securitized by commercial banks with servicing retained or with recourse or other seller-provided credit enhancements. Source: "Assets and Liabilities of Commercial Banks in the U.S." of the Federal Reserve System. H.8 (510) © Haver Analytics Vol 1: FIN - 93 Board of Governors 11/30/10 Assets and Liabilities of Commercial Banks Historical Commercial Bank Loans (1901-1946) Millions of dollars Annual Variable FABW2 1 Commercial bank loans (1901-1946) 1 Historical data from 1901 through 1946 come from the Board of Governors of the Federal Reserve System, All-Bank Statistics, United States, 1896-1955. Data reported on or about June 30 each year. © Haver Analytics Vol 1: FIN - 94 11/30/10 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks. H.4.1 Table 1 (503) Millions of dollars Last Wednesday of the month Variable FRSBMLW FRSB2MW FRSB3MW FRSABSW FRSAUAW FRSBMW FRSBSWW FRSBOW FRSGW FRSSW FRSTW SUPPLYING RESERVE FUNDS Reserve Bank credit outstanding Securities held outright U.S. Treasury 1 Bills 2 Notes and bonds, nominal 2 Notes & bonds, inflation-indexed 2 Inflation compensation 3 Federal agency 2 Mortgage-backed securities 23 Repurchase agreements 4 US govt securities repo (DISCONTINUED) Fed agency obligations repo (DISCONTINUED) Term auction credit Other loans Primary credit to depository institutions 9 Secondary credit to depository institutions 10 Seasonal credit to depository institutions 11 Primary dealer and other broker-dealer credit (incl PDCF) 12 Asset-backed commercial paper money market mutual fund liquidity facility 14 Credit extended to American International Group 19 Term Asset-Backed Securities Loan Facility (TALF) 27 Other credit extensions 13 Special liquidity facility DISCONTINUED Adjustment credit DISCONTINUED Extended credit DISCONTINUED Net portfolio holdings of Commercial Paper Funding Facility LLC 18 Net portfolio holdings of LLCs through Money Market Investor Funding Facility 20 Net portfolio holdings of Maiden Lane LLC 17 Net portfolio holdings of Maiden Lane II LLC 22 Net portfolio holdings of Maiden Lane III LLC 21 Net portfolio holdings of TALF LLC 28 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC 29 Float Central bank liquidity swaps 24 Other Federal Reserve assets 25 Gold stock Special drawing rights certificate account Treasury currency outstanding 5 FRSW Total factors supplying reserve funds FRSBW FRSBHOW FRSBGBW FRSBIW FRSBNW FRSBBW FRSICW FRSBFBW FRSBMBW FRSBRAW FRSBGHW FRSBFHW FRSBTAW FRSBLW FRSBLPW FRSBLEW FRSBLSW FRSBLDW FRSBLQW FRSBAGW FRSBABW FRSBLOW FRSBSLW FRSBLAW FRSBLCW FRSBCPW FRSBMMW © Haver Analytics Vol 1: FIN - 95 11/30/10 Money, Banking and Credit Factors Affecting Reserve Balances of Depository Institutions (H.4.1 Table 1) Millions of dollars Last Wednesday of the Month Variable ABSORBING RESERVE FUNDS Currency in circulation 5 Reverse repurchase agreements--triparty 6 Foreign official & international accounts Others Treasury cash holdings (Treasury estimates) Deposits with F.R. banks, other than reserve balances Term deposits held by depository institutions U.S. Treasury, general account U.S. Treasury, supplementary financing account 8 Foreign official Service-related balances and adjustments Required clearing balances Adjustments to compensate for float Other Funds from American International Group, Inc. asset dispositions, held as agent 31 Other Federal Reserve liabilities & capital 26 Total factors other than reserve balances, absorbing reserve funds FRACW FRARW FRARIW FRARDW FRATW FRADW FRADTEW FRADTW FRADTSW FRADFW FRADSW FRADSRW FRADSFW FRADOW FRADAGW FRALW FRAW FRBW Source: Reserve balances with Federal Reserve Banks Board of Governors of the Federal Reserve System. "Factors Affecting Reserve Balances of Depository Institutions and Condition Statements of Federal Reserve Banks." H.4.1 (Table 1) 1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 2 Face value of the securities. 3 Compensation that adjusts for the effects of inflation on the original face value of inflation-indexed securities. 4 Cash value of agreements through third-party custodial banks. These agreements are collateralized by U.S. Treasury and Federal agency securities. 5 Estimated. 6 Cash value of agreements collateralized by U.S. Treasury securities. 8 Under the Supplementary Financing Program, the Treasury issues marketable debt and deposits the proceeds in an account at the Federal Reserve that is segregated from the Treasury General Account. 9 Primary credit is available to generally sound depository institutions on a very short-term basis, typically overnight, at a rate above the Federal Open Market Committee's target rate for federal funds. Depository institutions are not required to seek alternative sources of funds before requesting occasional short-term advances of primary credit. The Federal Reserve expects that, given the above-market pricing of primary credit, institutions will use the discount window as a backup rather than a regular source of funding. 10 Secondary credit is available to depository institutions not eligible for primary credit. It is extended on a very short-term basis, typically overnight, at a rate that is above the primary credit rate. Secondary credit is available to meet backup liquidity needs when its use is consistent with a timely return to a reliance on market sources of funding or the orderly resolution of a troubled institution. Secondary credit may not be used to fund an expansion of the borrower's assets. © Haver Analytics Vol 1: FIN - 96 11/30/10 Money, Banking and Credit Factors Affecting Reserve Balances of Depository Institutions (Cont.) 11 12 Seasonal credit is available to help relatively small depository institutions meet regular seasonal needs for funds that arise from a clear pattern of intrayearly movements in their deposits and loans and that cannot be met through special industry lenders. The discount rate on seasonal credit takes into account rates charged by market sources of funds and ordinarily is re-established on the first business day of each two-week reserve maintenance period. Includes credit extended through the Primary Dealer Credit Facility (PDCF) and credit extended to certain other broker-dealers. The Federal Reserve Primary Dealer Credit Facility (PDCF) is an overnight lending facility that provides funding to primary dealers in exchange for a specified range of eligible collateral. It was approved by the Board of Governors on March 16, 2008, and began operations on March 17, 2008. Primary dealers may secure loans under the PDCF with all collateral eligible for pledge in open market operations, plus investment grade corporate securities, municipal securities, mortgage-backed securities, and asset-backed securities. No non-priced collateral will be eligible for pledge under the PDCF. The interest rate charged on such credit will be the same as the primary credit rate, or discount rate, at the Federal Reserve Bank of New York. Only primary dealers of the Federal Reserve Bank of New York are eligible to participate in the PDCF via their clearing banks. 13 14 15 Credit extended by the Federal Reserve Bank of New York to U.S. and London-based broker-dealer subsidiaries of Goldman Sachs, Morgan Stanley, and Merrill Lynch authorized by the Board of Governors on September 21, 2008 are included in "Primary dealer and other broker-dealer credit." "Other Credit Extensions" is a category that includes credit extensions such as the arrangements involving JPMorgan Chase & Co. and The Bear Stearns Companies Inc. that were approved by the Board of Governors on March 14, 2008, and March 16, 2008. It also includes credit extended to the American International Group (AIG) under the authority of section 13(3) of the Federal Reserve Act announced by the Federal Reserve on September 16, 2008. On October 8, 2008, the Federal Reserve Board announced that it had authorized the Federal Reserve Bank of New York to borrow securities from certain regulated U.S. insurance subsidiaries of the AIG Group under section 13(3) of the Federal Reserve Act. This transaction is economically equivalent to an extension of credit collateralized by the securities borrowed. Funds extended to AIG under this transaction are included in "Other credit extensions" in table 1 and "Other loans" in tables 3, 4, and 5. "Asset-backed commercial paper money market mutual fund liquidity facility" includes the new lending facility to extend non-recourse loans to U.S. depository institutions and bank holding companies to finance their purchases of high-quality asset-backed commercial paper from money market mutual funds announced by the Federal Reserve on September 19, 2008. Term facility is securities lending conducted under the Term Securities Lending Facility (TSLF), which was announced on March 11, 2008. The first TSLF auction was held on March 27, 2008, with settlement the following day. Under the Term Securities Lending Facility, the Federal Reserve lends U.S. Treasury securities to primary dealers through an auction process. Each loan has a term of 28 days and is fully collateralized by U.S. Treasury securities, federal agency securities, and highly rated non-agency mortgage-backed securities. Unlike sales of securities, securities loans under the TSLF do not affect reserve balances because primary dealers provide other securities as collateral rather than paying for the securities with cash. © Haver Analytics Vol 1: FIN - 97 11/30/10 Money, Banking and Credit Factors Affecting Reserve Balances of Depository Institutions (Cont.) 16 The big jump in Securities Lent to Dealers on April 2, 2008 is due to the introduction of the Term Securities Lending Facility (TSLF). The Term Securities Lending Facility (TSLF) was announced on March 11, 2008. The first TSLF auction was held on March 27, 2008, with settlement the following day. Under the Term Securities Lending Facility, the Federal Reserve lends U.S. Treasury securities to primary dealers through an auction process. Each loan has a term of 28 days and is fully collateralized by U.S. Treasury securities, federal agency securities, and highly rated non-agency mortgage-backed securities. 17 18 19 20 21 22 23 Unlike sales of securities, securities loans under the TSLF do not affect reserve balances because primary dealers provide other securities as collateral rather than paying for the securities with cash. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY. On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month U.S. dollar denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability of credit for businesses and households. Excludes credit extended to consolidated LLCs. On November 24, 2008, the Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through the Money Market Investor Funding Facility. These limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers. Such purchases are designed to foster liquidity in short-term money markets. On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group of the American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the Following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG. On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages. © Haver Analytics Vol 1: FIN - 98 11/30/10 Money, Banking and Credit Factors Affecting Reserve Balances of Depository Institutions (Cont.) 24 25 26 27 28 Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. Exchange translation amounts from the Fed's currency swaps with foreign central banks are no longer included in the asset categories "Other Federal Reserve assets" in table 1 and in "Other assets" in tables 9 and 10 and in the liability categories "Other liabilities and capital" in table 1 and "Other liabilities and accrued dividends" in tables 9 and 10. Exchange translation amounts are now included in the item "Central Bank Liquidity Swaps" added to H.4.1 on January 29, 2009. "Central Bank Liquidity Swaps" combines the exchange translation account and the value of the swaps at current market exchange rates. Historical data have been adjusted for the series affected to reflect this change. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates. Exchange translation amounts from the Fed's currency swaps with foreign central banks are no longer included in the asset categories "Other Federal Reserve assets" in table 1 and in "Other assets" in tables 9 and 10 and in the liability categories "Other liabilities and capital" in table 1 and "Other liabilities and accrued dividends" in tables 9 and 10. Exchange translation amounts are now included in the item "Central Bank Liquidity Swaps" added to H.4.1 on January 29, 2009. "Central Bank Liquidity Swaps" combines the exchange translation account and the value of the swaps at current market exchange rates. Historical data have been adjusted for the series affected to reflect this change. Includes the liabilities of Maiden Lane LLC and Commercial Paper Funding Facility LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these entities. Exchange translation amounts from the Fed's currency swaps with foreign central banks are no longer included in the asset categories "Other Federal Reserve assets" in table 1 and in "Other assets" in tables 9 and 10 and in the liability categories "Other liabilities and capital" in table 1 and "Other liabilities and accrued dividends" in tables 9 and 10. Exchange translation amounts are now included in the item "Central Bank Liquidity Swaps" added to H.4.1 on January 29, 2009. "Central Bank Liquidity Swaps" combines the exchange translation account and the value of the swaps at current market exchange rates. Historical data have been adjusted for the series affected to reflect this change. The Term Asset-Backed Securities Loan Facility (TALF) was created to help market participants meet the credit needs of households and businesses of all sizes by supporting the issuance of asset-backed securities (ABS) collateralized by loans of various types to consumers and businesses. Under the TALF, the Federal Reserve Bank of New York finances the purchase of eligible ABS by lending to holders of certain highly rated ABS backed by newly and recently originated consumer and business loans. On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial risk of a decline in the value of the security. © Haver Analytics Vol 1: FIN - 99 11/30/10 Money, Banking and Credit Factors Affecting Reserve Balances of Depository Institutions (Cont.) 29 Book value. In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2, 2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred interests. Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis, the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. 30 Currently, the set of counterparties in the "Others" category is primary dealers and an eligible set of money market funds. 31 Pending the closing of the recapitalization plan announced by American International Group, Inc. (AIG) on September 30, 2010, the cash proceeds from the disposition of certain AIG assets will be held by the FRBNY as agent. At the closing of the recapitalization plan, the proceeds will be used first to repay in full the credit extended to AIG by the FRBNY under the revolving credit facility and then to retire a portion of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC (preferred interests). Alternatively, if the recapitalization plan is terminated under the terms of the plan, then the proceeds from the initial public offering of AIA and the sale of ALICO will be used to redeem the preferred interests in accordance with the AIA Aurora LLC and ALICO Holdings LLC limited liability company agreements, and any excess proceeds from these transactions, as well as proceeds from the disposition of other assets, will be used to repay the credit extended to AIG under the revolving credit facility. © Haver Analytics Vol 1: FIN - 100 11/30/10 Money, Banking and Credit Memorandum Items (H.4.1 Table 1A) (Off-Balance Sheet Items) Millions of dollars Last Wednesday of the Month Variable FRSBGFMW FRSBGSW FRSBGFW Marketable securities held in custody for foreign official and international accounts U.S. Treasury 2 Federal agency securities 2 FRSBGLW FRSBGOW FRSBGTW Securities lent to dealers Overnight facility 4 Term facility (TSLF) 5 FRSBGF Foreign official assets held at FRBs: U.S. Treasury securities 6 Source: 2 3 2 3 Board of Governors of the Federal Reserve System. "Factors Affecting Reserve Balances of Depository Institutions and Condition Statements of Federal Reserve Banks." H.4.1 (Table 1A) Includes the face value of U.S. Treasury strips & other zero coupon bonds. Prior to February 2000, this series (FRSBGFMW) consisted of U.S. government securities only. Beginning February 2000, FRSBGFMW includes government (FRSBGSW) and federal agency securities (FRSBGFW). The big jump in Securities Lent to Dealers on April 2, 2008 is due to the introduction of the Term Securities Lending Facility (TSLF). The Term Securities Lending Facility (TSLF) was announced on March 11, 2008. The first TSLF auction was held on March 27, 2008, with settlement the following day. Under the Term Securities Lending Facility, the Federal Reserve lends U.S. Treasury securities to primary dealers through an auction process. Each loan has a term of 28 days and is fully collateralized by U.S. Treasury securities, federal agency securities, and highly rated non-agency mortgage-backed securities. 4 5 Unlike sales of securities, securities loans under the TSLF do not affect reserve balances because primary dealers provide other securities as collateral rather than paying for the securities with cash. Overnight facility is fully collateralized by U.S. Treasury securities. Prior to the introduction of the TSLF on March 27, 2008, overnight facility was the only securities lending facility to dealers. Data for the overnight facility series (FRSBGO & FRSBGOW) prior to April 2008 are therefore equivalent to the total securities lent to dealers (FRSBGL & FRSBGLW). Term facility is securities lending conducted under the Term Securities Lending Facility (TSLF), which was announced on March 11, 2008. The first TSLF auction was held on March 27, 2008, with settlement the following day. Under the Term Securities Lending Facility, the Federal Reserve lends U.S. Treasury securities to primary dealers through an auction process. Each loan has a term of 28 days and is fully collateralized by U.S. Treasury securities, federal agency securities, and highly rated non-agency mortgage-backed securities. 6 Unlike sales of securities, securities loans under the TSLF do not affect reserve balances because primary dealers provide other securities as collateral rather than paying for the securities with cash. Marketable U.S. Treasury bills, notes, and bonds and nonmarketable U.S. Treasury securities, in each case measured at face (not market) value. Excludes deposits and U.S. Treasury securities held for international and regional organizations. Source: Board of Governors of the Federal Reserve System. "Federal Reserve Bulletin." Table 3.13. © Haver Analytics Vol 1: FIN - 101 11/30/10 Variable FRSBMLW FRSBOPW FRBBAIW FRSBAJW 1 2 3 4 Money, Banking and Credit Information on Principal Accounts of Maiden Lane LLC (H.4.1 Table 4) Millions of dollars Last Wednesday of the Month 1 Net portfolio holding of Maiden Lane LLC 2 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York 3 Accrued interest payable to the Federal Reserve Bank of New York 3 Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. 4 On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 9 and table 10. © Haver Analytics Vol 1: FIN - 102 11/30/10 Variable Money, Banking and Credit Information on Principal Accounts of Commercial Paper Funding Facility LLC (H.4.1 Table 7) 3 Millions of dollars Last Wednesday of the Month FRSCPHW FRSCPIW FRSBCPW Commercial paper holdings, net 1 Other investments, net Net portfolio holdings of Commercial Paper Funding Facility LLC FRSCPFW Memorandum: Commercial paper holdings, face value FRSCOPW Outstanding principal amount of loan extended by the Federal Reserve Bank of New York 2 Accrued interest payable to the Federal Reserve Bank of New York 2 FRSCAIW 1 2 3 Book value, which includes amortized cost and related fees. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month U.S. dollar denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability of credit for businesses and households. © Haver Analytics Vol 1: FIN - 103 11/30/10 Variable FRATO FRAGC FRASD FRACO FRAGT FRAGB FRAGS FRAGBI FRAGSN FRAGNB FRAGIC FRAGBN FRAGBO FRAFBO FRSBMBW FRART FRATA FRALS FRSBCPW Money, Banking and Credit Consolidated Statement of Condition of All Federal Reserve Banks (H.4.1 Table 10) Millions of dollars Last Wednesday of the Month FRSBMLW FRSB2MW FRSB3MW FRSABSW FRSAUAW FRAIP FRABP FRSBSWW FRAOA Total assets Gold certificate account Special drawing rights certificate Coin Securities, repurchase agreements and loans Securities held outright U.S. Treasury 1 Bills 2 Notes and bonds, nominal (12/18/2002-present) 2 Notes and bonds, inflation-indexed (12/18/2002-present)2 Inflation compensation 3 Notes DISCONTINUED (4/5/1989-12/11/2002) Bonds DISCONTINUED (4/5/1989-12/11/2002) Federal agency 2 Mortgage-backed securities 16 Repurchase agreements 4 Term auction credit Other loans 11 Net portfolio holdings of Commercial Paper Funding Facility LLC 12 Net portfolio holdings of LLCs through Money Market Investor Funding Facility 13 Net portfolio holdings of Maiden Lane LLC 9 Net portfolio holdings of Maiden Lane II LLC 15 Net portfolio holdings of Maiden Lane III LLC 14 Net portfolio holdings of TALF LLC 18 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC 19 Items in process of collection Bank premises Central bank liquidity swaps 17 Other assets 5 FRLC FRLFB FRLRA FRLDO FRLDI FRLGA FRLSF FRLFO FRLOT FRLDC FRLOL Total liabilities Federal Reserve notes, net of F.R. Bank holdings Reverse repurchase agreements 6 Deposits: Depository institutions U.S. Treasury, general account U.S. Treasury, supplementary financing account Foreign official Other Deferred availability cash items Other liabilities and accrued dividends 7 FRTCW FRCCP FRCSU FRCOC Capital accounts Capital paid in Surplus Other capital accounts FRSBMMW © Haver Analytics Vol 1: FIN - 104 10 11/30/10 Money, Banking and Credit Consolidated Statement of Condition of All Federal Reserve Banks (Cont.) 1 2 3 4 5 6 7 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. Face value of the securities. Compensation that adjusts for the effects of inflation on the original face value of inflation-indexed securities. Cash value of agreements through third-party custodial banks. These agreements are collateralized by U.S. Treasury and Federal agency securities. Includes assets denominated in foreign currencies, revalued daily at market exchange rates. Exchange translation amounts from the Fed's currency swaps with foreign central banks are no longer included in the asset categories "Other Federal Reserve assets" in table 1 and in "Other assets" in tables 9 and 10 and in the liability categories "Other liabilities and capital" in table 1 and "Other liabilities and accrued dividends" in tables 9 and 10. Exchange translation amounts are now included in the item "Central Bank Liquidity Swaps" added to H.4.1 on January 29, 2009. "Central Bank Liquidity Swaps" combines the exchange translation account and the value of the swaps at current market exchange rates. Historical data have been adjusted for the series affected to reflect this change. Cash value of agreements collateralized by U.S. Treasury securities. Includes the liabilities of Maiden Lane LLC and Commercial Paper Funding Facility LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these entities. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. 8 9 10 Exchange translation amounts from the Fed's currency swaps with foreign central banks are no longer included in the asset categories "Other Federal Reserve assets" in table 1 and in "Other assets" in tables 9 and 10 and in the liability categories "Other liabilities and capital" in table 1 and "Other liabilities and accrued dividends" in tables 9 and 10. Exchange translation amounts are now included in the item "Central Bank Liquidity Swaps" added to H.4.1 on January 29, 2009. "Central Bank Liquidity Swaps" combines the exchange translation account and the value of the swaps at current market exchange rates. Historical data have been adjusted for the series affected to reflect this change. Source: Board of Governors of the Federal Reserve System. "Consolidated Statement of Condition of All Federal Reserve Banks." H.4.1 (Table 2) Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY. Under the Supplementary Financing Program, the Treasury issues marketable debt and deposits the proceeds in an account at the Federal Reserve that is segregated from the Treasury General Account. © Haver Analytics Vol 1: FIN - 105 11/30/10 Money, Banking and Credit Consolidated Statement of Condition of All Federal Reserve Banks (Cont.) 11 12 13 14 15 16 "Other Loans" includes the new lending facility to extend non-recourse loans to U.S. depository institutions and bank holding companies to finance their purchases of high-quality asset-backed commercial paper from money market mutual funds announced by the Federal Reserve on September 19, 2008. On October 8, 2008, the Federal Reserve Board announced that it had authorized the Federal Reserve Bank of New York to borrow securities from certain regulated U.S. insurance subsidiaries of the AIG Group under section 13(3) of the Federal Reserve Act. This transaction is economically equivalent to an extension of credit collateralized by the securities borrowed. Funds extended to AIG under this transaction are included in "Other credit extensions" in table 1 and "Other loans" in tables 3, 4, and 5. On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month U.S. dollar denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability of credit for businesses and households. On November 24, 2008, the Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through the Money Market Investor Funding Facility. These limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers. Such purchases are designed to foster liquidity in short-term money markets. On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group of the American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the Following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG. On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages. © Haver Analytics Vol 1: FIN - 106 11/30/10 Money, Banking and Credit Consolidated Statement of Condition of All Federal Reserve Banks (Cont.) 17 18 19 Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. Exchange translation amounts from the Fed's currency swaps with foreign central banks are no longer included in the asset categories "Other Federal Reserve assets" in table 1 and in "Other assets" in tables 8 and 9 and in the liability categories "Other liabilities and capital" in table 1 and "Other liabilities and accrued dividends" in tables 9 and 10. Exchange translation amounts are now included in the item "Central Bank Liquidity Swaps" added to H.4.1 on January 29, 2009. "Central Bank Liquidity Swaps" combines the exchange translation account and the value of the swaps at current market exchange rates. Historical data have been adjusted for the series affected to reflect this change. On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial risk of a decline in the value of the security. Book value. In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2, 2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred interests. Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis, the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. © Haver Analytics Vol 1: FIN - 107 11/30/10 © Haver Analytics Vol 1: FIN - 108 11/30/10 The Federal Reserve Bank of New York Temporary Open Market Operations 1 Billions of Dollars Monthly, July 2000-present Variable FRBOMO FRBOMOT FRBOMOA FRBOMOM Total accepted Treasuries accepted Federal Agency Securities accepted Mortgage-Backed Securities accepted Board of Governors of the Federal Reserve System FOMC Economic Projections 2 Latest 4 Years of Economic Projections Plus Actual Data Mean Central Tendency Range Low High Low High 3 GDPMT PCEMT PCXMT GDPLT PCELT PCXLT GDPHT PCEHT PCXHT GDPLR PCELR PCXLR GDPHR PCEHR PCXHR Percentage Change (Q4/Q4) Real GDP Growth Rate PCE Inflation Core PCE Inflation LRMT LRLT LRHT LRLR LRHR Average Level (Q4) Civilian Unemployment Rate 1 2 3 To implement monetary policy, temporary open market operations are used to affect the size of the Federal Reserve System's portfolio and influence day-to-day trading in the federal funds market. Temporary Open Market Operations involve short-term repurchase or reverse repurchase agreements in which the Fed purchases (or sells) securities in return for cash with an agreement that the commercial bank on the other side of the transaction will buy back (or sell back) the securities after a period of days. These are economic projections of the Chairman and Vice-Chairman of the Federal Reserve Board, 4 Governors and 12 Reserve Bank Presidents. Each participant's projections are based on his or her assessment of appropriate monetary policy. The range for each variable in a given year includes all participants' projections, from lowest to highest, for that variable in the given year. The central tendencies exclude the three highest and three lowest projections for each variable in each year. Mean Central Tendency is calculated by Haver Analytics as a simple average of the lower and upper bound of the central tendency. Data contained in the mean central tendency series for the latest 4 years are FOMC economic projections. Data prior to the latest 4 years are actual data. © Haver Analytics Vol 1: FIN - 109 11/30/10 Agency Mortgage-Backed Securities Purchase Program Purchases Millions of Dollars Average End of Period (10901-) (10901-) FRT FRTE FRTF FR304F FR304HF FR305F FR305HF FR306F FR306HF FR154F FR154HF FR155F FR155HF FROAF FROA4HF FRTFE FR304FE FR304HFE FR305FE FR305HFE FR306FE FR306HFE FR154FE FR154HFE FR155FE FR155HFE FROAFE FROA4HFE FHLMC (Freddie Mac) total purchases 30-year maturity at 4% coupon 30-year maturity at 4.5% coupon 30-year maturity at 5% coupon 30-year maturity at 5.5% coupon 30-year maturity at 6% coupon 30-year maturity at 6.5% coupon 15-year maturity at 4% coupon 1 15-year maturity at 4.5% coupon 1 15-year maturity at 5% coupon 1 15-year maturity at 5.5% coupon 1 Other transactions 2 Other transaction at 4.5% coupon FRTM FR304M FR304HM FR305HM FR305M FR306M FR306HM FR154M FR154HM FR155M FROA4M FRTME FR304ME FR304HME FR305HME FR305ME FR306ME FR306HME FR154ME FR154HME FR155ME FROA4ME FNMA (Fannie Mae) total purchases 30-year maturity at 4% coupon 30-year maturity at 4.5% coupon 30-year maturity at 5.5% coupon 30-year maturity at 5% coupon 30-year maturity at 6% coupon 30-year maturity at 6.5% coupon 15-year maturity at 4% coupon 1 15-year maturity at 4.5% coupon 15-year maturity at 5% coupon 1 Other transactions at 4% coupon FRTG FR304G FR304HG FR305G FR305HG FR306G FRTGE FR304GE FR304HGE FR305GE FR305HGE FR306GE GNMA (Ginnie Mae) total purchases 30-year maturity at 4% coupon 30-year maturity at 4.5% coupon 30-year maturity at 5% coupon 30-year maturity at 5.5% coupon 30-year maturity at 6% coupon Total purchases 1 Inclusive of 10 year product. 2 20 year, 40 year and other agency programs. © Haver Analytics Vol 1: FIN - 110 1 11/30/10 Agency Mortgage-Backed Securities Purchase Program Sales Millions of Dollars Average End of Period (10903-) (10903-) FST FSTE FSTF FS304F FS305F FS305HF FS306F FSTFE FS304FE FS305FE FS305HFE FS306FE FHLMC (Freddie Mac) total sales 30-year maturity at 4% coupon 30-year maturity at 5% coupon 30-year maturity at 5.5% coupon 30-year maturity at 6% coupon FSTM FS304M FS304HM FS305M FS305HM FS306M FS154HM FSTME FS304ME FS304HME FS305ME FS305HME FS306ME FS154HME FNMA (Fannie Mae) total sales 30-year maturity at 4% coupon 30-year maturity at 4.5% coupon 30-year maturity at 5% coupon 30-year maturity at 5.5% coupon 30-year maturity at 6% coupon 15-year maturity at 4.5% coupon FSTG FS305HG FS306G FSTGE FS305HGE FS306GE GNMA (Ginnie Mae) total sales 30-year maturity at 5.5% coupon 30-year maturity at 6% coupon 1 Total sales 1 Inclusive of 10 year product. © Haver Analytics Vol 1: FIN - 111 11/30/10 STOCK MARKET DATA Monthly Average New York Stock Exchange Stock Price Indexes Price at close End-of Month SPNY SPNYG SPNYH SPNYK (6601-) (10301-) (10301-) (10301-) SPNYE SPNYGE SPNYHE SPNYKE (6512-) (10212-) (10212-) (10212-) NYSE Composite (12/31/02=5000) Energy (12/31/02=5000) Health care (12/31/02=5000) Financial (12/31/02=5000) SPNYO SPNYI SPNYT SPNYF SPNYU (4701-) (6601-) (6601-) (6601-) SPNYOE SPNYIE SPNYTE SPNYFE SPNYUE (6701-) (6701-) (6701-) (6701-) (6701-) NYSE Composite (12/31/65=50) DISCONTINUED Industrial (nearly 1,000 issues) (12/31/65=50) Transportation (about 75 issues) (12/31/65=50) Financial (about 75 issues) (12/31/65=50) Utilities (about 135 issues) (12/31/65=100) (6701-) (Number of stocks included in component categories varies over time) Standard & Poor's Stock Price Indexes 1941-43=10 S&P 500 Composite Index (1941-43=100) 1 S&P Industrial Index (1941-43=100) 2 S&P Financial Index (12/30/94=100) GICS SP500 SPSPI SPSPF (2101-) (2101-) (9501-) SP500E SPSPIE SPSPFE (4601-) (4601-) (9412-) SP100 (8901-) SP100E (8901-) SPMID (9412-) SPMIDE (9411-) S&P Midcap 400 Index SPSCP (9411-) SPSCPE (9410-) S&P Smallcap 600 Index SP5TRE (8801-) S&P 500 Composite: total return (includes daily dividend reinvestment from 1/4/88) --- SP5TR7E -Note: 1 2 3 SDI4QT S&P 100 Index 2 (1/2/76=100) (12/30/90=100) GICS (12/30/93=100) 1 GICS 1 (7001-) S&P 500 Composite: total return (Monthly dividend reinvestment from Jan. 1970 switched to daily reinvestment 1/4/88) (461-) S&P Industrial Index: Dividends four-quarter total, quarterly 3 3 3 Additional monthly and quarterly series are carried in the Standard and Poor's (a division of McGraw-Hill) database SPM, described in Volume VII. Source: Wall Street Journal. History from Standard and Poor's (a division of McGraw-Hill). Source: The Financial Times. History from Standard and Poor's (a division of McGraw-Hill). Source: Standard and Poor's (a division of McGraw-Hill). © Haver Analytics Vol 1: FIN - 112 11/30/10 STOCK MARKET DATA Monthly Average SPDJC SPDJI SPDJA SPDJ5 SPDJT SPDJU (6101-) (8701-) (8701-) (2901-) (continued) DOW JONES AVERAGE STOCK PRICES NYSE close, Monthly, 1921-present End-of Period SPDJCE (6101-) 65 Composite SPDJIE 30 Industrial (DJIA) SPDJXE (8701-) DJIA 10 (1/2/92=315.11) 1 SPDJ5E (8701-) DJIA 5 (1/2/92=306.22) 2 SPDJTE 20 Transportation SPDJUE (2901-) 15 Utility Annual Average SPDJIY End-of Year SPDJIYE Monthly Average SPDJIT SPDJAT SPDJ5T SPDJCT SPDJTT SPDJUT DOW JONES TOTAL RETURN INDEXES End of Period, Monthly End-of Period SPDJTRIE (8709-) DJ Industrial Avg 30 (1/2/92=3172.405) SPDJXTE (8701-) DJIA 10(1/2/92=401.08) 1 SPDJ5TE (8701-) DJIA 5 (1/2/92=390.07 2 SPDJTRCE (8709-) DJ Composite 65 (1/2/92=1152.382) SPDJTRTE (8709-) DJ Transportation 20 (1/2/92=1342.115) SPDJTRUE (8709-) DJ Utility 15 (1/2/92=224.461) (8710-) (8701-) (8701-) (8710-) (8710-) (8710-) Annual, 1901-present 30 Industrial DOW JONES WILSHIRE TOTAL RETURN INDEX End of Period, Monthly SPWIT SPW4IT (7911-) (8701-) Weighted by full market capitalization DJ Wilshire 5000 Total Return (Dec-31-70=830.27) DJ Wilshire 4500 Total Return (Jan-30-87=1.11) 4 SPWFT SPW4FT (7911-) (8701-) Weighted by float-adjusted market capitalization DJ Wilshire 5000 Total Return (Dec-31-70=830.27) DJ Wilshire 4500 Total Return (Jan-30-87=1.11) 4 3 3 Source: The Wall Street Journal 1 The Dow 10 is a market index constructed as a subset of the Dow Jones Industrial Average. Of the 30 stocks in the Industrial Average, the ten with the highest dividend yield during the 12-month period ending in December (two days prior to the last trading day of the year) are selected as Dow 10 components. 2 The Dow 5 is a market index constructed as a subset of The Dow 10. It contains the five stocks in The Dow 10 that have the lowest prices at the end of December (two days prior to the last trading day of the year). 3 Data prior to November 30, 1979 are available monthly end-of-period only and are found in the USECON database. 4 The Dow Jones Wilshire 5000 Composite Index is designed to represent all U.S. equity securities that have readily available prices. The Dow Jones Wilshire 4500 Completion Index is a subset of the The Dow Jones Wilshire 5000 Composite Index and excludes components of the S&P 500. © Haver Analytics Vol 1: FIN - 113 11/30/10 STOCK MARKET DATA (continued) RUSSELL INDEX TOTAL RETURNS Monthly Average SPRU3T SPRU3GT SPRU3VT End-of Month (7901-) (9506-) (9506-) SPRU3TE SPRU3GTE SPRU3VTE Broad Market Indexes Russell 3000 (Registered Trademark) Share Price Index (12/31/78=100) Growth Share Price Index(5/31/95=1000) Value Share Price Index(5/31/95=1000) (7812-) (9505-) (9505-) SPRU1T SPRU1GT SPRU1VT (7901-) (9101-) (9101-) SPRU1TE SPRU1GTE SPRU1VTE (7812-) (9012-) (9012-) SPRUTT SPRUTG SPRUTV (9506-) (9506-) (9506-) SPRUTTE SPRUTGE SPRUTVE (9505-) (9505-) (9505-) Large-Cap Indexes Russell 1000 (Registered Trademark) Share Price Index (12/31/78=100) Growth Share Price Index(12/31/90=100) Value Share Price Index(12/31/90=100) Russell Top 200 (Registered Trademark) Share Price Index (12/31/78=100) Growth Share Price Index(12/31/85=100) Value Share Price Index(12/31/85=100) (9505-) (9505-) (9505-) Mid-Cap Indexes Russell Midcap (Registered Trademark) Share Price Index (12/31/78=100) Growth Share Price Index(12/31/85=100) Value Share Price Index (12/31/85=100) SPRUMT SPRUMG SPRUMV (9506-) (9506-) (9506-) SPRUMTE SPRUMGE SPRUMVE SPRU2T SPRU2GT SPRU2VT (7901-) (9306-) (9306-) SPRU2TE SPRU2GTE SPRU2VTE (7812-) (9305-) (9305-) SPRUHT SPRUHG SPRUHV (9101-) (9506-) (9506-) SPRUHTE SPRUHGE SPRUHVE (9012-) (9505-) (9505-) SPRUST SPRUSG SPRUSV (9904-) (9904-) (9904-) SPRUSTE SPRUSGE SPRUSVE (9903-) (9903-) (9903-) SPRUMC SPRUMCG SPRUMCV (10007-)SPRUMCE (10006-) (10007-)SPRUMCGE (10006-) (10007-)SPRUMCVE (10006-) Source: Small-Cap Indexes Russell 2000 (Registered Trademark) Share Price Index (12/31/78=100) Growth Share Price Index(5/31/93=1000) Value Share Price Index(5/31/93=1000) Russell 2500 (Trademark) Share Price Index (12/31/90=100) Growth Share Price Index(5/31/95=1000) Value Share Price Index(5/31/95=1000) Russell Small Cap (Trademark) Share Price Index (3/31/99=1000) Growth Share Price Index(3/31/99=1000) Value Share Price Index(3/31/99=1000) Russell Microcap (Trademark) Share Price Index (6/24/05=1000) Growth Share Price Index (6/30/06=1000) Value Share Price Index (6/30/06=1000) Frank Russell Company © Haver Analytics Vol 1: FIN - 114 11/30/10 STOCK MARKET DATA (continued) Other Stock Price Indexes 1 Monthly Average End-of Month SPRUS3 SPRX3T SPRX3GT SPRX3VT (8710-) SPRUS3E SPRX3TE SPRX3GTE SPRX3VTE (8612-) SPRUS1 SPRX1T SPRX1GT SPRX1VT (8808-) SPRUS1E SPRX1TE SPRX1GTE SPRX1VTE (8612-) (7901-) (9101-) (9101-) SPRXTT SPRXTG SPRXTV (9506-) (9506-) (9506-) SPRXTTE SPRXTGE SPRXTVE (8512-) (9505-) (9505-) SPRXMT SPRXMG SPRXMV (9506-) (9506-) (9506-) SPRXMTE SPRXMGE SPRXMVE (7812-) (9505-) (9505-) SPRUS2 SPRX2T SPRX2GT SPRX2VT (8710-) SPRUS2E SPRX2TE SPRX2GTE SPRX2VTE (8401-) (7901-) (9306-) (9306-) SPRXHT SPRXHG SPRXHV (9101) (9506-) (9506-) SPRXHTE SPRXHGE SPRXHVE (9012-) (9505-) (9505-) SPRXST SPRXSG SPRXSV (9904-) (9904-) (9904-) SPRXSTE SPRXSGE SPRXSVE (9903-) (9903-) (9903-) SPRXMC SPRXMCG SPRXMCV (10007-) (10007-) (10007-) SPRXMCE SPRXMCGE SPRXMCVE (10006-) (10006-) (10006-) (7901-) (9506-) (9506-) (7812-) (9505-) (9505-) (7812-) (9012-) (9012-) (7812-) (9305-) (9305-) Broad Market Indexes Russell 3000 (Registered Trademark) Share Price index (12/31/86=140) Share Price Index (12/31/78=100) 1 Growth Share Price Index (5/31/95=1000) Value Share Price Index(5/31/95=1000) Large-Cap Indexes Russell 1000 (Registered Trademark) Share Price Index (12/31/86=130) Share Price Index (12/31/78=100) 1 Growth Share Price Index (12/31/90=100) Value Share Price Index (12/31/90=100) Russell Top 200 (Registered Trademark) Share Price Index (12/31/78=100) Growth Share Price Index (12/31/85=100) Value Share Price Index (12/31/85=100) Mid-Cap Indexes Russell Midcap (Registered Trademark) Share Price Index (12/31/78=100) Growth Share Price Index (12/31/85=100) Value Share Price Index (12/31/85=100) Small-Cap Indexes Russell 2000 (Registered Trademark) Share Price Index (12/31/86=135) Share Price Index (12/31/78=100) 1 Growth Share Price Index (5/31/93=1000) Value Share Price Index (5/31/93=1000) Russell 2500 (Trademark) Share Price Index (12/31/90=100) Growth Share Price Index (5/31/95=1000) Value Share Price Index (5/31/95=1000) Russell Smallcap (Trademark) Share Price Index (3/31/99=1000) Growth Share Price Index (3/31/99=1000) Value Share Price Index (3/31/99=1000) Russell Microcap (Trademark) Share Price Index (6/24/05=1000) Growth Share Price Index (6/30/06=1000) Value Share Price Index (6/30/06=1000) Source:"The Wall Street Journal", the "Financial Times",NYSE, "Bridge" © Haver Analytics Vol 1: FIN - 115 11/30/10 STOCK MARKET DATA (continued) Other Stock Price Indexes Monthly Average 1 End-of Month SPAM SPMMI SPDIIX (7101-) (8901-) (9510-) SPAME SPMIE SPDIIXE (8101-) (8901-) (9510-) AMEX Average (8/31/73=100) AMEX Major Market Index (1/28/89=229) Amex Interactive Week Internet Index SPNA SPNA1 SPNI (7102-) (9407-) (7102-) SPNAE SPNA1E SPNIE (7102-) (9406-) (7102-) NASDAQ Composite (2/5/71=100) NASDAQ 100 NASDAQ Industrials (2/5/71=100) SPWI (8001-) SPWIE (7012-) Weighted by full market capitalization: DJ Wilshire 5000 (Dec-31-70=830.27) 1 SPWF SPW4F (7912-) (8702-) SPWFE SPW4FE (7911-) (8701-) Weighted by float-adjusted market cap: DJ Wilshire 5000 (Dec-31-70=830.27) DJ Wilshire 4500 (Jan-30-87=111.14) SPWREI (10801-) SPWREIE (10801-) Wilshire US REIT Price Index (12.31.98=103.43) SPPHT (8507-) SPPHTE (8507-) PSE Technology 100 SPDJICI SPDJISI SPDJCII SPDTM (9707-) (9707-) (9707-) (10003-) SPDJICIE SPDJISIE SPDJCIIE SPDTME SPGNS (8901-) SPGNSE (8901-) Philadelphia Exch Gold & Silver Index SPSOX (9405-) SPSOXE (9405-) Philadelphia Semiconductor Index SPMLECI SPMLIRS (9609-) (9609-) SPMLECIE SPMLIRSE (9608-) (9608-) SPMLLCI SPMLSGI (9609-) (9609-) SPMLLCIE SPMLSGIE (9608-) (9608-) Merrill Merrill Index Merrill Merrill SPMSCYC SPMSCMR SPMSMOX SPMSMSH SPOTP (7801-) (7801-) (10004-) (9501-) (10201-) SPMSCYCE SPMSCMRE SPMSMOXE SPMSMSHE SPOTPE (7801-) (7801-) (10003-) (9501-) (10201-) (9707-) (9707-) (9707-) (10002-) Dow Dow Dow Dow Jones Jones Jones Jones 1 1 (5/18/93=100.1) Internet Commerce (6/30/98=100) Internet Services (6/30/98=100) Internet Composite (6/30/98=100) U.S. Total Market Index (12/31/91=100) (6/7/89=90) (12/01/93=100) Lynch Early Cyclical Index Lynch Interest Rate Sensitive Lynch Late Cyclical Index Lynch Stable Growth Index Morgan Stanley Morgan Stanley Morgan Stanley Morgan Stanley Ocean Tomo 300 Cyclical Index (12/31/91=200) Consumer Index (12/31/91=200) Internet Index (12/31/99=100) High Tech 35 (12/16/94=100) 2 Patent Index (12/31/2004=5000) Source:"The Wall Street Journal", the "Financial Times",NYSE, "Bridge" 1 The Dow Jones Wilshire 5000 Composite Index is designed to represent all U.S. equity securities that have readily available prices. The Dow Jones Wilshire 4500 Completion Index is a subset of the The Dow Jones Wilshire 5000 Composite Index and excludes components of the S&P 500. © Haver Analytics Vol 1: FIN - 116 11/30/10 STOCK MARKET DATA (continued) Cambridge Associates Venture Capital and Private Equity Indexes End to End Returns 1 Quarterly Variable CAVCI CAPEI 1 U.S. Venture Capital Index 2 U.S. Private Equity Index 3 End-to-End Returns: The End-to-End performance calculation is similar to the IRR, however, it is measuring the return between two points in time. The calculation takes into account the beginning NAV, the quarterly cash flows and the ending NAV. All returns greater than one year are annualized. Internal Rate of Return (IRR): The performance calculation solves for the discount rate (IRR) which makes the Net Present Value of an investment equal to zero. The calculation is based on cash-on-cash returns over equal periods, modified for the residual value of the partnership's equity or portfolio company's NAV. The residual value attributed to each respective group being measured is incorporated at its ending value. The database accounts for transactions on a quarterly basis, but adopts annualized values for reporting purposes. Please note that all transactions are recorded on the 45th day of the quarter. 2 The Cambridge Associates LLC U.S. VENTURE CAPITAL INDEX is based on returns data compiled on funds representing over 80% of the total dollars raised by U.S. venture capital managers. Cambridge Associates LLC calculates the pooled net return by quarter from March 31, 1981 through the most recent quarter. The pooled means represent the period specific rates of return calculated on the aggregate of all cash flows and market values as reported by the General Partners to Cambridge Associates LLC in their quarterly and annual audited financial reports. Net returns exclude all management fees, expenses and performance fees that take the form of a carried interest. 3 The Cambridge Associates LLC U.S. PRIVATE EQUITY INDEX is based on returns data compiled on funds representing over 70% of the total dollars raised by U.S. leveraged buyout, subordinated debt and special situation managers. Cambridge Associates LLC calculates the pooled net return by quarter from March 31, 1986 through the most recent quarter. The pooled means represent the period specific rates of return calculated on the aggregate of all cash flows and market values as reported by the General Partners to Cambridge Associates LLC in their quarterly and annual audited financial reports. Net returns exclude all management fees, expenses and performance fees that take the form of a carried interest. © Haver Analytics Vol 1: FIN - 117 11/30/10 STOCK MARKET DATA (continued) Hennessee Hedge Fund Index Returns Monthly 1 Variable HHFI HLSEI HAEDI HGMI Strategies: Hennessee Hedge Fund Index Return (%) Long/Short Equity Index Return (%) Arbitrage/Event Driven Index Return (%) Global/Macro Index Return (%) HAPI HCAI HDI HEDI HEMI HEURI HFEI HFII HGI HHBI HHYI HINTLI HLAI HMI HMNI HMAI HMULTAI HOPPI HPPFI HSBI HTECHI HTELMI HVALI Sub-strategies: Asia-Pacific Index Return (%) Convertible Arbitrage Index Return (%) Distressed Index Return (%) Event Driven Index Return (%) Emerging Market Index Return (%) Europe Index Return (%) Financial Equities Index Return (%) Fixed Income Index Return (%) Growth Index Return (%) Healthcare and Biotech Index Return (%) High Yield Index Return (%) International Index Return (%) Latin America Index Return (%) Macro Index Return (%) Market Neutral Index Return (%) Merger Arbitrage Index Return (%) Multiple Arbitrage Index Return (%) Opportunity Index Return (%) Pipes/Private Financing Index Return (%) Short Biased Index Return (%) Technology Index Return (%) Telecom and Media Index Return (%) Value Index Return (%) 1 The Hennessee Hedge Fund Indexes are calculated from performance data reported to the Hennessee Hedge Fund Advisory Group by a diversified group of hedge funds. The Hennessee Hedge Fund Index is an equally-weighted average of the funds in the Hennessee Hedge Fund Indexes. The funds in the Hennessee Hedge Fund Index are believed to be statistically representative of the larger Hennessee Universe, currently consisting of over 3,500 hedge funds and are net of fees and unaudited. © Haver Analytics Vol 1: FIN - 118 11/30/10 STOCK MARKET DATA (continued) Market Capitalization Variable SPNACAP 1 (8501-) NASDAQ market capitalization(EOP, Monthly, Bil$) SPAMCAPW SPNACAPW SPNYCAPW (9501-) (9501-) (9501-) World Federation of Exchanges: 2 AMEX Market Capitalization (EOP, Monthly, Bil.$) NASDAQ Market Capitalization (EOP, Monthly, Bil.$) NYSE Market Capitalization (EOP, Monthly, Bil.$) SPSP5CAP (641-) S&P 500 market capitalization (EOP, Quarterly, Bil$) Source: 3 NASDAQ and S&P 1 There is a break in the NASDAQ Market Cap series in September 2004 because NASDAQ changed its methodology in calculating Market Capitalization. Previously, if a stock did not trade it would use a price of zero. After 9/14 it started carrying over the previous day's last sale price. This more accurate calculation resulted in a higher market capitalization. 2 The market capitalization of a stock exchange is the total number of issued shares of domestic companies, including their several classes, multiplied by their respective prices at a given time. This figure reflects the comprehensive value of the market at that time. The market capitalization figures include: - only shares of domestic companies - common and preferred shares. The market capitalization figures exclude: - investment funds - rights, warrants, ETFs, convertible instruments - options, futures - listed foreign shares - companies whose only business goal is to hold shares of other listed companies. 3 Multiplying the S&P 500 Composite divisor (SDV500) by the S&P 500 Composite Price Index (SP500E) will give you the S&P 500 market capitalization in bil.of dollars. © Haver Analytics Vol 1: FIN - 119 11/30/10 STOCK MARKET DATA (continued) Stock Exchange Volume Monthly Sum of Daily SPNYVT Average Of Daily (4601-) SPNYVD SPNYSL SPNYIL SPNYIT SPNYIV SPNYBT (6401-) (9401-) (9401-) (10401-) (10401-) (10307-) SPAZVT SPDZVT NYSE NYSE NYSE NYSE NYSE NYSE NYSE NYSE group share volume (mil.shares) 1 total volume (thous.shares) group dollar volume (Bil.$) total shares outstanding (bil)DISC total issues listed (units) DISC trade in listed issues(thous.shares) volume in listed issues(mil.shares) group block share vol(mil.shares) 2 SPNYV (7101-) (10301-) (10301-) SPAZV SPDZV (10301-) (10301-) NYSE volume advance (thous.shares) NYSE volume decline (thous.shares) SPADVT SPDECT SPUNCT (9701-) (9701-) (10301-) SPADV SPDEC SPUNC (8901-) (8901-) (10301-) NYSE issues traded (number): Advancing Declining Unchanged SPAMVT SPAAZVT SPADZVT (9701-) (10301-) (10301-) SPAMV SPAAZV SPADZV (7101-) (10301-) (10301-) AMEX total volume (thous.shares) AMEX volume advance (thous.shares) AMEX volume decline (thous.shares) SPAADVT SPADECT SPAUNCT (10312-) (10312-) (10301-) SPAADV SPADEC SPAUNC (10401-) (10401-) (10301-) AMEX issues traded (number): Advancing Declining Unchanged SPNAVT SPNAZVT SPNDZVT (9701-) (10301-) (10301-) SPNAV SPNAZV SPNDZV (7501-) (10301-) (10301-) NASDAQ total volume (thous.shares) NASDAQ volume advance (thous.shares) NASDAQ volume decline (thous.shares) SPNADVT SPNDECT SPNUNCT (9701-) (9701-) (10301-) SPNADV SPNDEC SPNUNC (7801-) (7801-) (10301-) NASDAQ issues traded (number): Advancing Declining Unchanged Source: The Wall Street Journal Monthly Average MVIBC Market Vane Bullish Consensus Stock Index 3 Percent, Monthly, September 2001-present End of Period MVIBCE Market Vane Bullish Consensus Stock Index Source: Barrons 1 2 3 These series were reissued by the NYSE Group back to January of 2004 to be more accurate following their merger with the Archipelago Exchange and the Pacific Exchange. Data prior to 2004 are NYSE effected sales excluding odd lot & stopped sales reported monthly by the NYSE and are not the sum of daily figures. Block trades are defined as trades of 10,000 shares or more. The Bullish Consensus is the degree of bullish sentiment for a particular market. For example, a value of 65% for stocks implies that 65% of traders are bullish and expect stock prices to rise. © Haver Analytics Vol 1: FIN - 120 11/30/10 STOCK MARKET DATA (continued) Capital Gains and Taxes Paid on Capital Gains Income Millions of dollars, Annual Variable TCG (54-) (54-) RCG EXG (54-) TPCG (54) CGTR (54-) RCGGDP (54-) NCL (80-) TCGL (77-) TPCGL (77-) CGTRL (77-) RCGLGDP (77-) Source: 1 Total realized capital gains Capital gains in adjusted gross income (AGI) Excluded capital gains Taxes paid on capital gains Average effective capital gains tax rate Realized capital gains as % of GDP Net capital loss in adjusted gross income (AGI) Realized long-term capital gains Taxes paid on long-term capital gains Average effective tax rate on LT capital gains Realized LT capital gains as % of GDP Standard & Poor's, a division of McGraw-Hill Dividends and Taxes Paid on Dividends Billions of dollars, Annual Variable TD TPD TQD TPQD Total Taxes Total Taxes 2 Dividends Paid on Dividends Qualified Dividends Paid on Qualified Dividends Source: Department of the Treasury, Office of Tax Analysis. Dow Jones Earnings and Dividends Dollars, quarterly Variable SEDJI (461-) SDDJI (461-) Source: Dow Jones Industrials: Dow Jones Industrials: After-tax earnings per share Dividends per share "Barron's" 1 Realized capital gains are all positive net gains, including both short- and long-term gains. Data for each year include some prior year returns. The capital gain exclusion was repealed effective 1987. Data on long-term capital gains were reported biannually prior to 1979, hence, the gap for the year 1978. 2 Calculations are based on IRS Statistics of income data. Qualified dividends are those eligible for the lower tax rates (5 percent and 15 percent). Total dividends includes non-qualified dividends, most of which are dividends from mutual funds with investments in bonds and other interest-paying investments. © Haver Analytics Vol 1: FIN - 121 11/30/10 STOCK MARKET DATA (continued) Standard & Poor's Earnings and Dividends: Monthly Variable SPE5COMM SPE5INDM SPE5COOM SDY5COMM SDY5INDM (4601-) (4601-) (8801-) (4601-) (4601-) SOE500 SCE500 SE500 SDV500 SD500 STOE500 STE500 STCE500 (881-) (964-) (351-) (641-) (461-) (881-) (641-) (964-) Source: 1 2 3 4 5 6 7 8 9 10 11 S&P 500 Composite: Price/Diluted Earnings Ratio 9 Industrials: Price/Diluted Earnings Ratio S&P 500 Composite: Price/Operating Earnings Ratio S&P 500 Composite: Dividend Yield 11 Industrials: Dividend Yield S&P 500 Composite Earnings and Dividends: Quarterly Operating earnings per share 1, 8 Core earnings per share 2, 8 As reported (after-tax) earnings per share Divisor 4 Dividends per share Operating earnings (Bil.$, annualized) 5 Reported earnings (Bil.$, annualized) 6 Core earnings (Bil.$, annualized) 7 10 3, 8 Standard & Poor's, a division of McGraw-Hill After-tax. "Operating earnings" is net income from on-going operations. It excludes non-recurring items such as extraordinary items, earnings from discontinued operations, some special items and gains or losses on sales of assets. "Core earnings" refers to the after-tax earnings generated from the principal business or businesses of a corporation. It is net income excluding pension gains, gains or losses from asset sales, litigation or insurance settlements and proceeds, goodwill impairment charges and reversal of prior-year charges and provisions. It includes pension costs, employee stock option grant expenses, restructuring charges, write-downs of depreciable or amortizable operating assets, purchased research and development expenses, merger/acquisition related expenses and unrealized gains/losses from hedging activities. The two key pension costs are service cost and interest cost. S&P core earnings treat service cost as an expense charged to earnings just like GAAP net income. Unlike GAAP net income, S&P core earnings include pension interest cost not covered by the actual return on pension assets. S&P core earnings are likely to be more volatile than GAAP net income in large part because of the treatment of pension interest cost. After-tax. "As reported earnings" (also called ordinary earnings) is net income from continuing operations calculated using generally accepted accounting principles (GAAP). It includes all current revenue and expenses. Multiplying the S&P 500 Composite divisor (SDV500) by the S&P 500 Composite earnings per share (SOE00 or SE500) will give you the S&P 500 Composite total earnings. Multiplying the S&P 500 Composite divisor (SDV500) by the S&P 500 Composite Price Index (SP500E) will give you the S&P 500 market capitalization in billions of dollars (SPSP5CAP). S&P 500 Composite operating earnings in billions of dollars is calculated by Haver Analytics by multiplying the S&P 500 composite divisor (SDV500) by the S&P 500 Composite operating earnings per share (SOE00). The sum is then multiplied by four to get an annualized figure. Unlike the BEA's Corporate Profits data this series is not seasonally adjusted. S&P 500 Composite as reported earnings in billions of dollars is calculated by Haver Analytics by multiplying the S&P 500 composite divisor (SDV500) by the S&P 500 Composite as reported earnings per share (SE500). The sum is then multiplied by four to get an annualized figure. Unlike the BEA's Corporate Profits data this series is not seasonally adjusted. S&P 500 Composite core earnings in billions of dollars is calculated by Haver Analytics by multiplying the S&P 500 composite divisor (SDV500) by the S&P 500 Composite core earnings per share (SCE500). The sum is then multiplied by four to get an annualized figure. Unlike the BEA's Corporate Profits data this series is not seasonally adjusted. Haver Analytics updates S&P quarterly earnings using S&P estimates when at least 90% of estimated earnings is based on actual earnings. Monthly P/E ratios are calculated using month-end prices (SP500E@USECON) and 4-quarter moving total As Reported (diluted) earnings (SE5COME@SPM). For the S&P 500 Composite, Haver Analytics calculates a preliminary P/E ratio for the previous month using month-end prices and 4-quarter moving total earnings consisting of the current quarter and the three previous quarters. Since earnings for one or more quarters are S&P estimates, the monthly figures are subject to revision until earnings for all four quarters are final. For the S&P 500 Industrials, Haver Analytics does not calculate preliminary monthly P/E ratios because quarterly earnings estimatesfor the S&P 500 Industrials are not published by S&P. Actual monthly P/E ratios for S&P 500 Industrials are calculated using month-end prices and 4-quarter moving total earnings (often with a two-quarter lag). This monthly P/E ratio is calculated using month-end prices (SP500E@USECON) and 4-quarter moving total OPERATING earnings (SOE5COME@SPM). The magnitude of the P/E ratio is sensitive to the definition of earnings used in the ratio. Profits of the S&P 500 were negative in Q4 2008 for the first time in history because the U.S. economy was in very poor condition. Companies were not making money and took this opportunity to take writedowns to reduce their costs in the long run. Because write-offs are non-operating transactions included in As Reported (Diluted) earnings, there was a big jump in the P/E ratio calculated using diluted earnings in 2009 but not in the P/E ratio calculated using operating earnings. Monthly dividend yields for both S&P 500 Composite and Industrial are updated twice: (1) Haver Analytics calculates preliminary data by aggregating weekly dividend yields from the weekly database SPW (based on Wednesday dividends). (2) Actual data for dividend yields are calculated using monthly averages and 4-quarter total dividends. Note: Additional monthly & quarterly series are carried in the Standard & Poor's database SPM. © Haver Analytics Vol 1: FIN - 122 11/30/10 STOCK MARKET DATA (continued) Indexes for Options Trading Monthly average of daily close Variable Affix an E to variable for end-of-period series SPGNS SPMMI SP100 (8901-) (8901-) (8901-) Philadelphia Exchange Gold & Silver Index Amex Major Market Index (1/27/89=229) S&P 100 Index (1/27/89=229) (6/7/89=90) Source: The Wall Street Journal CBOE Volatility Indexes Variable 1 Affix an E to variable for end-of-period series SPVIX SPVXO (9001-) (8601-) CBOE Market Volatility Index New methodology (VIX) 2 Old methodology (VXO) 2 SPVXN SPVXNO (10101-) (9501-) CBOE NASDAQ Volatility Index New methodology (VXN) 3 Old methodology 3 1 CBOE=Chicago Board Options Exchange. 2 The new CBOE Volatility Index (VIX) is based on the prices of eight S&P 500 index put and call options; the old CBOE Volatility Index (VXO) is based on the prices of eight S&P 100 index put and call options. The new VIX is calculated using a wide range of strike prices in order to incorporate information from the volatility skew; the old VIX (now called VXO) uses only at-the-money options. The new VIX uses a newly developed formula to derive expected volatilily directly from the prices of a weighted strip of options. The old VIX (VXO) extracts implied volatility from an option-pricing model. 3 The new CBOE NASDAQ Volatility Index (VXN) continues to be based on the prices of NASDAQ-100 index options (same as the old CBOE NASDAQ Volatility Index) but is calculated using the same formula and methodology used to calculate the new VIX: using a wide range of strike prices instead of only at-the-money options and using a newly developed formula to derive expected volatility directly from the prices of a weighted strip of options rather than extracting implied volatility from an option-pricing model. © Haver Analytics Vol 1: FIN - 123 11/30/10 STOCK MARKET DATA (continued) CBOE Market Statistics Variable Affix an E to variable for end-of-period series CBTPCR CBTPV CBEPV CBIPV CBTCV CBECV CBICV CBTCO CBTPO (9509-) (9509-) (9701-) (9701-) (9509-) (9701-) (9701-) (9509-) (9509-) CBDJICV CBDJIPV CBDJICO CBDJIPO (9710-) (9710-) (9710-) (9710-) CBSP5CV CBSP5PV CBSP5CO CBSP5PO (9509-) (9509-) (9509-) (9509-) CBSP1CV CBSP1PV CBSP1CO CBSP1PO (9509-) (9509-) (9509-) (9509-) CBNA1CV CBNA1PV CBNA1CO CBNA1PO (9509-) (9509-) (9509-) (9509-) CBRU2CV CBRU2PV CBRU2CO CBRU2PO (9509-) (9509-) (9509-) (9509-) Put/Call Ratio Total Put Volume Total Equity Put Volume Total Index Put Volume Total Call Volume Total Equity Call Volume Total Index Call Volume Total Call Open Interest Total Put Open Interest Dow Jones Industrial Avg [DJX]: DJX Call Volume DJX Put Volume DJX Call Open Interest DJX Put Open Interest S&P 500 Index [SPX]: SPX Call Volume SPX Put Volume SPX Call Open Interest SPX Put Open Interest S&P 100 Index [OEX]: OEX Call Volume OEX Put Volume OEX Call Open Interest OEX Put Open Interest NASDAQ 100 Index [NDX]: NDX Call Volume NDX Put Volume NDX Call Open Interest NDX Put Open Interest Russell 2000 Index [RUT]: RUT Call Volume RUT Put Volume RUT Call Open Interest RUT Put Open Interest Source: Chicago Board of Options Exchange © Haver Analytics Vol 1: FIN - 124 11/30/10 STOCK MARKET DATA (continued) Margin Debt at Broker-Dealers 1 Millions of dollars, end of period Monthly, 1980-present SPMD SPCBC SPCBM Debit balances in margin accounts Free credit balances: Cash 2 Free credit balances: Margin 2 Source: NYSE and "Federal Reserve Bulletin" Table 1.36 Margin Requirements for Credit Extended 3 Percent of Market Value Monthly SPMSR SPMBR SPMSSR (3711-) (6803-) (3711-) Source: Margin stocks Convertible bonds Short sales Federal Reserve Bulletin. Prior to 1968, data are from the Board of Governors, Federal Reserve System Annual Report, 1967. 1 Since June 1970, NYSE member organizations have been required to report monthly through Form R-1 their aggregate debits in securities margin accounts, as well as aggregate free credits in cash and margin accounts. With revisions in the Federal Reserve Regulation T in June 1983, the general stock margin account, the convertible bond account, the special subscription account and corporate and government bond accounts had to be consolidated into one margin account between June 20, 1983 and June 30, 1984. Thus, beginning in mid-1983, figures for margin debt are not strictly comparable to earlier data. 2 Free credit balances are in accounts with no unfulfilled commitments to the brokers and are subject to withdrawals by customers on demand. 3 Margin requirements, stated in regulations adopted by the Board of Governors pursuant to the Securities Exchange Act of 1934, limit the amount of credit that can be used to purchase and carry "margin securities" (as defined in the regulations) when such credit is collateralized by securities. Margin requirements on securities are the difference between the market value (100%) and the maximum loan value of collateral as prescribed by the Board. Regulation T was adopted effective Oct. 15, 1934; Regulation U, effective May 1, 1936; Regulation G, effective Mar. 11, 1968; and Regulation X, effective Nov. 1, 1971. © Haver Analytics Vol 1: FIN - 125 11/30/10 STOCK MARKET DATA (continued) International Stock Market Indexes Monthly average (for EOP affix E to the variable code) Variable SPGENN SPMER SPAUS SPTRI SPBEL SPBOV SPTOR SPIGP SPDC88 SPDSHA SPDSHE SPIGBC SPCZR SPKBX SPKFX SPCSE SPHEX SPCAC SPSBF SPXDAX SPATH SPHNG SPBUX SPBSE SPJAK SPISE SPTLA SPMIB3 SPMIBT SPNS SPNK SPTOP SPAMMA SPAMM SPKLS SPIPC SPMADEX (10007-) (9506-) (8401-) (9301-) (9105-) (9311-) (8401-) (9311-) (9606-) (9606-) (9606-) (10107-) (9709-) (10107-) (8912-) (9710-) (9301-) (9001-) (9701-) (9201-) (9311-) (7801-) (9402-) (9311-) (9311-) (9301-) (9709-) (9411-) (9310-) (8101-) (9311-) (9607-) (10401-) (9903-) (9301-) (7811-) (10204-) SPMASI SPAEX SPCBS SPCAP SPCAP5 SPNIG (10201-) (9408-) (8810-) (9311-) (9501-) (9709-) Source: Monthly series based on daily figures in DAILY which are from "The Wall Street Journal" and "Financial Times" © Haver Analytics Argentina: Buenos Aires General (6/30/2000=19570.98) Argentina: Merval (6/30/86=.01$US) Australia: All Ordinaries (1/1/80=500) Austria: Traded index (1/2/91=1000) Belgium: Brussels: Bel-20 Index (1/1/91=1000) Brazil: Bovespa (12/29/83=100) Canada: Toronto 300 Composite (1975=1000) Chile: IGPA General (12/31/80=100) China: Dow Jones China 88 (dollars) China: Dow Jones Shangai (dollars) China: Dow Jones Shenzhen (dollars) Colombia: IGBC (7/3/2001=1001.99) Czech Republic: PX50 (3/1/95=100) Denmark: OMX Copenhagen Benchmark (OMXCB)(12/31/95=100) Denmark: OMX Copenhagen 20 (OMXC20)(7/3/89=100) Egypt: Cairo SE General Finland: OMX Helsinki General (OMXH) (12/28/90=100) France: Paris CAC 40 (12/31/87=1000) France: Paris SBF 250 (12/28/90=1000) Germany: Frankfurt XETRA DAX (12/30/87=1000) Greece: Athens, SE (12/31/80=100) Hong Kong: Hang Seng Bank (7/31/64=100) Hungary: BUX India: Bombay Sensex (1979=100) Indonesia: Jakarta Composite (8/10/82=100) Ireland: ISEQ Overall (1/4/88=100) Israel: Tel Aviv 100 (12/91=100) Italy: Milan Mib 30 (12/31/92=10000) Italy: Milan Mibtel General Japan: Nikkei 225 Average (5/16/49=100) Japan: Nikkei 300 Index (10/1/82=100) Japan: Topix Cash Index (1/4/68=100) Jordan: Amman Financial Mkt Stk Index(Dec 1991=1000) Jordan: Amman Financial Market Stock Index DISC Malaysia: KLSE Composite (4/4/86=100) Mexico: IPC (11/78=100) Morocco: Casablanca Most Active Share Price Index (12/31/91=1000) Morocco: Casablanca All Share Stock Index Netherlands: AEX (1983=100) Netherlands: ANP-CBS General (1983=100) New Zealand: NZSE 40 Capital (7/1/86=100) DISC New Zealand: NZX 50 (3/3/2003=1880.86) Nigeria: SE All Share Vol 1: FIN - 126 11/30/10 STOCK MARKET DATA (continued) International Stock Market Indexes Monthly average (for EOP affix E to the variable code) Variable SPOBX SPOEAX SPOSEBX SPKAR SPLIM SPMAN SPPSI SPRTS SPSST SPSAX SPJSHR SPJTOP SPKOR SPMGI SPSRL SPAFFN SPSWM SPTWN (9701-) (9701-) (9701-) (9709-) (9101-) (9301-) (9701-) (9709-) (8909-) (9709-) (10207-) (10207-) (9301-) (8912-) (9709-) (9601-) (9206-) (9301-) SPBAN SPIMK SPFALL SPF30 SPF100 SPVEN (9301-) (9311-) (10306-) (8401-) (8401-) (9709-) Source: 1 Norway: Oslo OBX Index Norway: Oslo OSE All Share Index (12/29/95=100) Norway: Oslo Benchmark Index (12/29/95=100) Pakistan: Karachi Stock Exchange 100 Peru: Lima General IGBVL (12/30/91=100) Philippines: PSE Composite (1/2/85=100) 1 Portugal: PSI-20 (12/31/92=2000) Russia: RTS Singapore: Straits Times (8/31/89=1356) Slovakia: SAX South Africa: FTSE/JSE All Share Index South Africa: FTSE/JSE Top 40 Index South Korea: Korea Composite EX (1/4/80=100) Spain: Madrid General Index (12/30/85=100) Sri Lanka: CSE All Share Sweden: Stockholm: Affarsvarlden (12/29/95=100) Switzerland: Zurich Swiss Market (6/10/92=1888) Taiwan: TAIEX: TSE Capitalization Weighted Index (6/30/66=100) Thailand: Bangkok, SET (4/30/75=100) Turkey: IMKB Nat 100 (1986=1) UK, London: FTSE All Share (4/10/62=100) UK, London: Financial Times 30 (1/9/84=800) UK, London: Financial Times 100 (1/2/84=1000) Venezuela: Bursatil Index (12/31/93=100) Monthly series based on daily figures in DAILY which are from "The Wall Street Journal" and "Financial Times" The Philippine Stock Exchange (PSE) was formed from two stock exchanges, the Manila Stock Exchange (MSE), established on August 8, 1927 and the Makati Stock Exchange (MkSE), established on May 27, 1963. Although the MSE and MkSE traded the same stocks of the same companies, the bourses were separate stock exchanges for nearly 30 years until December 23, 1992 when the two exchanges merged into the Philippine Stock Exchange. © Haver Analytics Vol 1: FIN - 127 11/30/10 STOCK MARKET DATA (continued) FTSE EUROFIRST SHARE PRICE INDEXES: EURO Index 7/25/1997=100 unless otherwise indicated Monthly EOP Average (10410-) (10409-) FEUF80 FEUF100 FEUF300 FEU300E FEUF80E FEUF100E FEUF300E FEU300EE FTSEurofirst FTSEurofirst FTSEurofirst FTSEurofirst 80 (12/31/2002=3000) 100 (12/31/2002=3000) 300 300 Euro Zone Average Dow Jones STOXX Indexes Monthly End-of-Period (9201-) (9112-) STX5 STX5D STX5Z STX5ZD STX5E STX5DE STX5ZE STX5ZDE (12/31/91=1000) DJ STOXX 50 Blue Chip Price Index Europe (Euro-based) Europe (US$-based) Euro-zone (Euro-based) Euro-zone (US$-based) STX5T STX5TD STX5TZ STX5TZD STX5TE STX5TDE STX5TZE STX5TZDE DJ STOXX 50 Blue Chip Total Return Index Europe (Euro-based) Europe (US$-based) Euro-zone (Euro-based) Euro-zone (US$-based) STX STXD STXZ STXZD STXE STXDE STXZE STXZDE (12/31/91=100) DJ STOXX Broad Price Index Europe (Euro-based) Europe (US$-based) Euro-zone (Euro-based) Euro-zone (US$-based) STXT STXTD STXTZ STXTZD STXTE STXTDE STXTZE STXTZDE DJ STOXX Broad Total Return Index Europe (Euro-based) Europe (US$-based) Euro-zone (Euro-based) Euro-zone (US$-based) Note: 1 The Dow Jones STOXX indexes are published by STOXX Limited, a partnership of Deutsche Borse AG, Dow Jones and Company, ParisBourse SA and SWX Swiss Exchange. Europe consists of Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. Euro-zone consists of Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. © Haver Analytics Vol 1: FIN - 128 11/30/10 New Security Issues U.S. Corporations 1 Gross proceeds of issues maturing in more than one year Monthly data cover only public offerings Annual (1987-) Monthly (Jan 1987-) Millions of dollars FNSIPA FNSIP All issues FNSIPBA FNSIPB Bonds 2 By type of offering FNSIPBDA FNSIPBFA FNSIPBD FNSIPBF Sold in the United States Sold abroad By industry group FNSPNFBA FNSPFBA FNSPNFB FNSPFB -- FNSIVBD FNSIPSA FNSIPS Nonfinancial Financial (9401-) Memo: private placements, domestic Stocks 3 By industry group FNSPNFSA FNSPFSA Source: FNSPNFS FNSPFS Nonfinancial Financial Board of Governors of the Federal Reserve System. "Federal Reserve Bulletin." Table 1.46 which cites the Securities Data Company beginning July 1993. 1 If data for these series are available in Haver's database but are not found in Table 1.46 of the latest issue of the Federal Reserve Bulletin they are unpublished preliminary figures. 2 Figures represent gross proceeds of issues maturing in more than one year; they are the principal amount or number of units calculated by multiplying by the offering price. Figures exclude secondary offerings, employee stock plans, investment companies other than closed-end, intracorporate transactions, and Yankee bonds. Stock data include ownership securities issued by limited partnerships. 3 Monthly and annual data for stocks cover only public offerings. © Haver Analytics Vol 1: FIN - 129 11/30/10 BOND MARKET Bond Indexes Monthly Variable FPMLCORE (8611-) Merrill Lynch Corporate (12/31/75=100, EOP) FRYANE (9005-) Ryan Labs Securities Treasury index (12/31/79=100, EOP) Index Total Return Yield-to Worst(%) Averages (append E for EOP) (12/31/96=100) (12/31/96=100) FDJTCI FDJ2CI FDJ5CI FDJ10CI FDJ30CI FDJTII FDJ2II FDJ5II FDJ10II FDJ30II FDJTFI FDJ2FI FDJ5FI FDJ10FI FDJ30FI FDJTUI FDJ2UT FDJ5UT FDJ10UI FDJ30UI FDJTCT FDJ2CT FDJ5CT FDJ10CT FDJ30CT FDJTIT FDJ2IT FDJ5IT FDJ10IT FDJ30IT FDJTFT FDJ2FT FDJ5FT FDJ10FT FDJ30FT FDJTUT FDJ2UU FDJ5UU FDJ10UT FDJ30UT FDJTCW FDJ2CW FDJ5CW FDJ10CW FDJ30CW FDJTIW FDJ2IW FDJ5IW FDJ10IW FDJ30IW FDJTFW FDJ2FW FDJ5FW FDJ10FW FDJ30FW FDJTUW FDJ2UW FDJ5UW FDJ10UW FDJ30UW Dow Jones Corporate Bond Indexes (Investment-Grade Bonds) Composite 2-Year 5-Year 10-Year 30-Year Industrial 2-Year 5-Year 10-Year 30-Year Financials 2-Year 5-Year 10-Year 30-Year Utilities 2-Year 5-Year 10-Year 30-Year Bond Volume Thousands of dollars Variable SBNYV SBAMV (4601-) (9005-) Sources: New York Stock Exchange American Stock Exchange 2 3 "Barron's" and "The Wall Street Journal" 1 The Wall Street Journal only reports preliminary data for these series.. 2 The NYSE operates the largest centralized bond market of any exchange. It offers investors a broad selection of bonds issued by U.S. and foreign corporations, the U.S. government, foreign governments, municipalities and international banks. The NYSE's Fixed Income Market is centered on its Automated Bond System (ABS). This is a fully automated trading system that allows subscribing firms to execute bond orders through terminals in their offices. 3 The AMEX currently lists Treasury bills, notes, bonds, and strips as well as bonds for 20 corporations. Source: The Wall Street Journal © Haver Analytics Vol 1: FIN - 130 11/30/10 Merrill Lynch Option and Swaption Volatility Expectations (MOVE and SMOVE) EOP Average SPMLV1E (8804-) SPMLV3E (9504-) SPMLV6E(10805-) SPMLSV1E SPMLSV3E SPMLSV6E 1 (9905-) (9611-) (9611-) SPMLV1 (8804-) SPMLV3 (9505-) SPMLV6(10806-) Merrill Lynch Option Volatility Expectations (MOVE) 3 1-month 3-month 6-month SPMLSV1 SPMLSV3 SPMLSV6 Merrill Lynch Swaption Volatility Expectations (SMOVE) 1-month 3-month 6-month (9906-) (9612-) (9612-) Merrill Lynch Option Volatility Expectations or MOVE is an index measure of Treasury yield volatility. MOVE is based on one-month OTC implied yield volatility (normalized) weighted in the following manner: 20% 2-year, 20% 5-year, 40% 10-year and 20% 30-year. 10-year is overweighted because it is the benchmark maturity for OTC options. MOVE was developed by Merrill Lynch's OTC options desk in conjunction with Govt/FF&O Research. © Haver Analytics Vol 1: FIN - 131 11/30/10 MORTGAGE MARKET RATES Percent, monthly Variable Primary Markets Contract interest rates: (7104-) Commitments for fixed-rate first mortgages 1 (6301-) Purchases of single-family new homes 2 (6301-) Purchases of single-family existing homes 2 FCM FCMNC FCMPC FSMTG (4901-) Secondary Markets Yield on FHA insured mortgages, HUD (BCI 118) (DISCONTINUED) 3 MORTGAGE RATE INDEXES Monthly Variable NCOFR FCOFI11 FMCCOFI (7905-) (8107-) FCM1MTA FCM1 Cost of Funds Indexes (Used by many financial institutions in setting ARM rates) National Cost of Funds Index for institutions insured by the Savings Association Insurance Fund (SAIF) 4 Weighted Average Cost of Funds Index, District 11 5 Federal Cost of Funds Index (COFI) 6 12-Month Treasury Average (MTA) 12-Month Treasury Average (%) 7 1-Year Constant Maturity Treasury Yield (%) 1 FHLMC reported on Federal Reserve Board H.15 (415) 2 Federal Housing Finance Board. 3 U.S. Department of Housing and Urban Development. "Secondary Market Prices and Yields." 4 Monthly median cost is defined as the total interest (dividends) paid and accrued on deposits (excluding escrow deposits), FHLB advances and other borrowed money during a month as a percent of the two-month average balances of deposits (excluding escrow deposits), FHLB advances, and other borrowings. It reflects rates on all funds, not just new funds. Ratio is annualized by multiplying by 12 and adjusted for variation in length of month. Effective with the January 1999 index, OTS began using a new methodology that dampens significantly the month-to-month volatility in the index caused by the change in the number of days in each month. The new methodology assumes an average length of months of 30.4375 days, the average number of days in a month over a four-year period. Source: U.S. Department of the Treasury. Office of Thrift Supervision. "Cost of Funds" (M) Table I 5 Source: 6 The Federal Cost of Funds Index (COFI) is used as a benchmark for some types of mortgage loans and securities. It is calculated as the sum of the monthly average interest rates for marketable Treasury bills and for marketable Treasury notes, divided by two, and rounded to three decimal places. Freddie Mac first began publicly providing the Federal COFI in March, 1991; values are calculated for earlier years to illustrate what the index values would have been for those periods and are provided for research purposes only. The Federal COFI is not adjusted to reflect subsequent changes in the underlying Treasury rates once the value has been posted. 7 The 12-Month Treasury Average (MTA), also sometimes referred to as the 12-Month Moving Average Treasury (MAT), is a 12-month moving average of the 1-year Constant Maturity Treasury (CMT) yields. It is calculated by averaging the previous 12 monthly values of the 1-year CMT. © Haver Analytics "News Release". Table 3 Federal Housing Administration. Federal Home Loan Bank of San Francisco. Vol 1: FIN - 132 11/30/10 Freddie Mac Primary Mortgage Market Survey 1 Percent, Monthly Variable FRM30 FFRM30 SPR30 SPR5Y30 (7201-) (7201-) (8401-) (10501-) FRM15 FFRM15 (9108-) (9108-) ARMYR FARMYR FMAR (8401-) (8401-) (8802-) ARM5YR FMAR5Y FARM5Y (10501-) (10501-) (10501-) Contract interest rates on commitments Thirty-year fixed rate mortgages (FRM) U.S. FRM rates U.S. 30-year FRM fees and points U.S. 30-year FRM/ARM spread U.S. 30-year FRM/hybrid ARM spread Fifteen-year fixed rate mortgages (FRM) U.S. FRM rates U.S. FRM fees and points One-year adjustable rate mortgage (ARM) U.S. one-year ARM rates U.S. ARM fees and points U.S. ARM margin 5/1 adjustable rate mortgages (Hybrid ARM) U.S. 5/1 ARM rates U.S. 5/1 ARM margin U.S. 5/1 ARM fees and points FMCWREF Refinance % (national weighted average) FMCWARM ARM % (national weighted average) FMCCOFI Federal Cost of Funds Index (COFI) 3 3 4 1 Aggregated from weekly data found in the SURVEYW database. 2 Contract interest rates on commitments for first mortgages: conventional fixed rate FRM and adjustable rate mortgages ARM 3 Weighted averages for the PMMS have been adjusted as of October 26, 2006. The new weights use the dollar volume of conventional mortgage originations within the 1-unit Freddie Mac loan limit as reported under the Home Mortgage Disclosure Act (HMDA) for 2005. 4 The Federal Cost of Funds Index (COFI) is used as a benchmark for some types of mortgage loans and securities. It is calculated as the sum of the monthly average interest rates for marketable Treasury bills and for marketable Treasury notes, divided by two, and rounded to three decimal places. Freddie Mac first began publicly providing the Federal COFI in March, 1991; values are calculated for earlier years to illustrate what the index values would have been for those periods and are provided for research purposes only. The Federal COFI is not adjusted to reflect subsequent changes in the underlying Treasury rates once the value has been posted. © Haver Analytics Vol 1: FIN - 133 11/30/10 Freddie Mac Cash-Out Refinance Activity Quarterly, Q1 1985-present Variable HRFH HRFL HRFMR HRFMG HRFMP HRFA HRFC HRFV HRFHA HRFLA HRFMRA HRFMGA HRFMPA HRFHAMA HRFLAMA HRFMRAMA HRFMGAMA HRFMPAMA HRFHANA HRFLANA HRFMRANA HRFMGANA HRFMPANA HRFHASA HRFLASA HRFMRASA HRFMGASA HRFMPASA HRFHAWA HRFLAWA HRFMRAWA HRFMGAWA HRFMPAWA Quarterly Refinance Statistics (Quarterly, Q1 1985-present) Percentage of Refinances Resulting in: 5% Higher Loan Amount (%) 1 Lower Loan Amount (%) 2 Descriptive Statistics on Loan Terms & Property Valuation: Median Ratio of New to Old Rate (Ratio) 3 Median Age of Refinanced Loan (Years) Median Appreciation of Refinanced Property (%) 4 Quarterly Cash-out Volume (Quarterly, Q1 1985-present) Total Cash-Out Dollars as a Percentage of Aggregate Refinanced Originations UPB (%) 5 Total Home Equity Cashed Out (Bil.$) 6 Volume of Cash-Out and 2nd Mortgages/HELOC Consolidation (Bil.$) 7 Annual Statistics (Annual, 1985-present ) Total U.S. Percentage of Refinances Resulting in: 5% Higher Loan Amount (%) 1 Lower Loan Amount (%) 2 Median Ratio of New to Old Rate (Ratio) 3 Median Age of Refinanced Loan (Years) Median Appreciation of Refinanced Property (%) 4 Midwest (IA, IL, IN, KS, MI, MN, MO, NE, ND, OH, SD, WI) Percentage of Refinances Resulting in: 5% Higher Loan Amount (%) 1 Lower Loan Amount (%) 2 Median Ratio of New to Old Rate (Ratio) 3 Median Age of Refinanced Loan (Years) Median Appreciation of Refinanced Property (%) 4 Northeast (CT, MA, ME, NH, NJ, NY, PA, RI, VT) Percentage of Refinances Resulting in: 5% Higher Loan Amount (%) 1 Lower Loan Amount (%) 2 Median Ratio of New to Old Rate (Ratio) 3 Median Age of Refinanced Loan (Years) Median Appreciation of Refinanced Property (%) 4 South(AL,AR,DC,DE,FL,GA,KY,LA,MD,MS,OK,NC,SC,TN,TX,VA,WV) Percentage of Refinances Resulting in: 5% Higher Loan Amount (%) 1 Lower Loan Amount (%) 2 Median Ratio of New to Old Rate (Ratio) 3 Median Age of Refinanced Loan (Years) Median Appreciation of Refinanced Property (%) 4 West (AK, AZ, CA, CO, HI, ID, MT, NM, NV, OR, UT, WA, WY) Percentage of Refinances Resulting in: 5% Higher Loan Amount (%) 1 Lower Loan Amount (%) 2 Median Ratio of New to Old Rate (Ratio) 3 Median Age of Refinanced Loan (Years) Median Appreciation of Refinanced Property (%) 4 Please see footnotes on the next page. © Haver Analytics Vol 1: FIN - 134 11/30/10 1 Higher loan amount refers to loan amounts that were at least 5 percent greater than the amortized unpaid principal balance (UPB) of the original loan. 2 Lower loan amount refers to loan amounts that were less than the amortized original loan. 3 Ratio of new to old rate refers to the ratio of the interest rate of the new loan to the interest rate of the refinanced loan. 4 Median appreciation is price appreciation of the property from the time the original loan was made to the time it was refinanced. 5 Indicates the share of newly refinanced mortgage debt balances that are due to equity-extraction through a cash-out refinance. It is the ratio of Total Home Equity Cashed Out divided by an estimate of the refi dollar share of prime first-lien mortgage originations. 6 Indicates the dollar volume of equity cashed-out through the refinancing of prime, first-lien conventional mortgages. It is calculated using an estimate of prime, conventional mortgage originations volume, the refi share of originations, and the Total Cash-Out Dollars as a Percentage of Aggregate Refinanced Originations UPB. Freddie Mac does not estimate how much equity is taken out through the refinance of FHA or VA loans or through refinance loans originated in the subprime market. 7 Indicates the total increase in the principal balances of refinanced first-lien mortgages due to cash-outs and the consolidation of second mortgages and home equity lines of credit (HELOCs). UPB of the Freddie Mac Monthly Volume Summary Monthly, February 2004-present Variable FMCPMNP FMCPMNS (Mil.$) FMCPML FMCPMC FMCPM FMCPMLQ FMCPRP FMCPRS FMCPRL FMCPRC FMCPRLQ FMCPRPA FMCPRPAG FMCPRSA © Haver Analytics TABLE 1 Total mortgage portfolio New business purchases (Mil. $) Non-FHLMC mortgage related security sales & other Liquidations (Mil.$) Net increase/decrease (Mil.$) Ending balance (Mil.$) Annualized liquidation rate (%) TABLE 2 Mortgage-related investment portfolio Purchases (Mil.$) Sales, net of other activity (Mil.$) Liquidations (Mil.$) Ending balance (Mil.$) Annualized liquidation rate (%) Net mortgage purchase (sale) agreements (Mil.$) Mortgage purchase agreements (Mil.$) Mortgage sale agreements (Mil.$) Vol 1: FIN - 135 11/30/10 Freddie Mac Monthly Volume Summary Monthly, February 2004-present Variable FMCPRNA FMCPRNN FMCPRML FMCPR TABLE 3 Mortgage-related investment portfolio components PCs and structured securities (Mil.$) Non-FHLMC mortgage-related securities: Agency (Mil.$) Non-agency (Mil.$) Mortgage loans (Mil.$) Ending balance (Mil.$) FMCPSSI FMCPSSL FMCPSSC FMCPSS FMCPSSLQ TABLE 4 Total guaranteed PCs and structured securities issued\ and other mortgage guarantees Issuances (Mil. $) Liquidations (Mil.$) Net increase/decrease (Mil.$) Ending balance (Mil. $) Annualized liquidation rate (%) FMCPSSI FMCPSSPR FMCPSSSR FMCPSTL FMCPSTC FMCPST FMCPSTLQ Total guaranteed PCs and structured securities outstanding (DISCONTINUED) Issuances (Mil. $) Purchases into retained portfolio (Mil. $) Sales out of retained portfolio (Mil.$) Liquidations (Mil.$) Net increase/decrease (Mil.$) Ending balance (Mil.$) Annualized liquidation rate (%) FMCPRSS FMCPOGI FMCPOGMR FMCPOGRP FMCPOGFX FMCPOG TABLE 5 Other debt activities Total debt outstanding (Mil.$) Original maturity less than or equal to 1 Year: Ending balance (Mil.$) Original maturity greater than 1 Year: Issuances (Mil.$) Maturities and redemptions (Mil.$) Repurchases (Mil.$) Foreign exchange translation (Mil.$) Ending balance (Mil.$) FMCDSN FMCDSC FMCDS FMCDM TABLE 6 Delinquencies (%) Single-family delinquencies, 90 days or more: Non-credit enhanced Credit enhanced All loans Multifamily delinquencies, 60 days or more FMCPLI TABLE 7 Other investments: Ending balance (Mil.$) FMCPO FMCPOL © Haver Analytics Vol 1: FIN - 136 11/30/10 Fannie Mae Conventional Loan Limits Dollars, Annual, 1980-present 1 Variable First mortgage loan limits 1 unit 2 units 3 units 4 units FCL1 FCL2 FCL3 FCL4 FCLSM (81-) Second mortgage loan limits 2 Fannie Mae Monthly Summary Monthly, January 2001-present Variable FNMPM FNMMBOG FNMMBP FNMBO FNMBV TABLE 1 Total Book of Business Components (EOP, Mil.$): Gross Mortgage Portfolio + Total Fannie Mae MBS and Other Guarantees - Fannie Mae MBS in Portfolio = Total Book of Business 1 New Business Acquisitions 2 FNMPCP FNMPCS FNMPMR TABLE 2 Portfolio Commitments (Mil.$) 3 Commitments to Purchase, Net 4 Commitments to Sell 5 Net Retained Commitments 6 FNMPM FNMPMP FNMPMS FNMPML FNMPMLR TABLE 3 Gross Mortgage Portfolio (Mil.$) 7 Purchases (includes capitalized interest) Sales 9 Liquidations 10 Annualized Liquidation Rate (%) 11 FNMPBMOR FNMMBOG FNMTMBS FNMMBI FNMMBL FNMMBLR FNMOG FNMPMOR 8 TABLE 4 Fannie Mae Guaranteed Securities and Mortgage Loans (Mil.$) 12 Total Fannie Mae MBS and Other Guarantees Total Fannie Mae MBS 13 Issuances 14 Liquidations 15 Annualized Liquidation Rate (%) 16 Other Fannie Mae Guarantees 17 Mortgage Loans 23 Source: Federal National Mortgage Association (Fannie Mae) Please see footnotes at the end of the table. © Haver Analytics Vol 1: FIN - 137 11/30/10 Fannie Mae Monthly Summary Monthly, January 2001-present Variable FNMMBP FNMMBF FNMMBSL FNMMBFL FNMMSEC FNMPMOR FNMPMBAG FNMPMBNA FNMPM TABLE 5 Mortgage Portfolio Composition (Mil.$) Fannie Mae MBS in Portfolio Purchases Sales Liquidations Securitizations 24 + Mortgage Loans 23 + Non-Fannie Mae Agency Mortgage Securities 18 + Non-Fannie Mae Non-Agency Mortgage Securities = Mortgage Portfolio (End Balance) FNMPLI TABLE 6 Liquid Investments (Mil.$) Liquid Investments 20 FNMPOGI FNMPOGMR FNMPOGRP FNMPOGFX FNMPOG TABLE 7 Debt Activity Total Debt Outstanding (Mil.$) Original Maturity Less Than or Equal to 1 Year: End Balance Original Maturity Greater Than 1 Year: Issuances (Mil.$) Maturities and Redemptions (Mil.$) Repurchases (Mil.$) Foreign Exchange Adjustments (Mil.$) End Balance (Mil.$) FNMDS FNMDSN FNMDSC FNMDM TABLE 9 Serious Delinquency Rates: 21 Conventional Single-Family (%) Noncredit Enhanced (%) 26 Credit Enhanced (%) 27 Multifamily (%) 28 FNMPO FNMPOL 19 25 Source: Federal National Mortgage Association (Fannie Mae) 1 2 3 4 5 6 7 8 9 Total Book of Business: Sum of the Gross Mortgage Portfolio balance and Total Fannie Mae MBS and Other Guarantees balance, less Fannie Mae MBS held in the mortgage portfolio. New Business Acquisitions: Sum of MBS issuances and Mortgage Portfolio purchases less Fannie Mae MBS purchases and securitizations of mortgage loans previously held in portfolio. Portfolio Commitments: Represents mandatory commitments entered into during the month. Fannie Mae enters into forward commitments to purchase mortgage securities and mortgage loans, or to sell mortgage securities, for the mortgage portfolio. Purchase commitments typically require mandatory delivery and are subject to the payment of pair-off fees for non-delivery. Commitments to Purchase, Net: Represents mandatory commitments to purchase mortgage loans and mortgage securities, net of mortgage loans for which a cash pair-off has been paid. Pair-offs occur when loans are not delivered against mandatory commitments. Commitments to Sell: Represents mandatory commitments to sell mortgage securities. Net Retained Commitments: Represents mandatory commitments to purchase, less commitments to sell, net of mortgage loans for which a cash pair-off has been paid. Gross Mortgage Portfolio: End balance represents the unpaid principal balance ("UPB") of the mortgage portfolio that Fannie Mae holds for investment and liquidity purposes. Purchases: Acquisition of mortgage loans and mortgage securities for the mortgage portfolio. Sales: Sales of mortgage securities from the mortgage portfolio. © Haver Analytics Vol 1: FIN - 138 11/30/10 10 Liquidations: Represents the total amount of repayments, curtailments, payoffs, and foreclosures on mortgage loans and mortgages underlying securities held in the mortgage portfolio. For October 2007, liquidations have been increased by $890 million, primarily to exclude from the end balance amounts that Fannie Mae now classifies as advances to lenders. The effect of this adjustment has been excluded in calculating growth and liquidation rates for October 2007. 11 Annualized Liquidation Rate: The liquidation rate is calculated as liquidations divided by the prior period ending balance of the mortgage portfolio, annualized. 12 Fannie Mae Guaranteed Securities and Mortgage Loans: Consists of securities and mortgage loans for which Fannie Mae manages credit risk. This table excludes non-Fannie Mae securities held in the mortgage portfolio, which are shown in Table 5. 13 Total Fannie Mae MBS: Includes Fannie Mae MBS, private label wraps, whole loan REMICs, and for periods after September 2007, Ginnie Mae wraps. Also includes Multifamily discount MBS (DMBS) that Fannie Mae guarantees, regardless of whether those MBS are held in the mortgage portfolio or held by investors other than Fannie Mae. If an MBS has been resecuritized into another MBS, the principal amount is only included once in this total. 14 Issuances: Represents the total amount of Fannie Mae MBS created during the month, including lender-originated issues and Fannie Mae MBS created from mortgage loans previously held in Fannie Mae's portfolio. Fannie Mae MBS may be held in portfolio after their creation. Includes Fannie Mae mortgage-backed securities ("Fannie Mae MBS") issued from Fannie Mae's mortgage portfolio. 15 Liquidations: Represents the total amount of repayments, curtailments, payoffs, and foreclosures on mortgages underlying Fannie Mae MBS, including Fannie Mae MBS held in the mortgage portfolio. For October 2007, "Total Fannie Mae MBS Liquidations" have been reduced by $3.2 billion, primarily to reflect Fannie Mae s reclassification of Ginnie Mae wraps from "Other Fannie Mae Guarantees" to "Fannie Mae MBS." The effect of this adjustment has been excluded in calculating growth and liquidation rates for October 2007. 16 Annualized Liquidation Rate: The liquidation rate is calculated as liquidations divided by the prior period ending balance of total Fannie Mae MBS, annualized. 17 Other Fannie Mae Guarantees: Outstanding balance of Fannie Mae guarantees, other than Fannie Mae MBS. This primarily consists of credit enhancements we provide on multifamily mortgage assets. Through September 2007, this also included Ginnie Mae wraps. 18 Non-Fannie Mae Agency Securities: Represents mortgage-related securities issued by Freddie Mac and Ginnie Mae. 19 Non-Fannie Mae Non-Agency Securities: These are commonly referred to as "private-label securities." 20 Liquid Investments: Liquid investments serve as a source of liquidity for Fannie Mae and as an investment vehicle for surplus capital. This balance includes high-quality securities that are short-term or readily marketable, such as commercial paper, asset-backed securities, federal funds sold, and corporate floating rate notes. The balance shown includes cash equivalents but does not include cash balances or cash equivalents pledged as collateral that may be sold or repledged by the counterparty. © Haver Analytics Vol 1: FIN - 139 11/30/10 21 Serious Delinquency Rates: A measure of credit performance and indicator of future defaults for the single-family and multifamily mortgage credit books. Single-family loans are classified as seriously delinquent when a borrower has missed three or more consecutive monthly payments, and the loan has not been brought current or extinguished through foreclosure, payoff, or other resolution. A loan referred to foreclosure but not yet foreclosed is also considered seriously delinquent. Included are all of the conventional single-family loans that Fannie Mae owns and that back Fannie Mae MBS in its single-family delinquency rate, including those with substantial credit enhancement. Multifamily loans are classified as seriously delinquent when payment is 60 days or more past due. 22 The end balances and business activity in this report represent unpaid principal balances ("UPB"), which do not reflect market valuation adjustments, allowance for loan losses, impairments, unamortized premiums and discounts and the impact of consolidation of variable interest entities. Amounts and rates shown for the periods after September 2007 reflect definitional changes and may, therefore, not be comparable to amounts and rates shown for prior periods. 23 For October 2007, "Mortgage Loans" has been reduced by $967 million primarily to exclude from the end balance advances to lenders, which were previously classified as loans. 24 Represents new Fannie Mae MBS created from mortgage loans or non-Fannie Mae mortgage securities previously held in the mortgage portfolio. These amounts, included in the issuance balance in table 4, have been transferred from mortgage loans or non-Fannie Mae mortgage securities to Fannie Mae securities, and may be included in sales. 25 Includes conventional single-family loans three months or more past due or in foreclosure process as a percent of the total number of conventional single-family loans. These rates are based on conventional single-family mortgage loans and exclude reverse mortgages and non-Fannie Mae mortgage securities held in our portfolio. 26 Loans without primary mortgage insurance and/or other credit enhancements. 27 Loans with primary mortgage insurance and/or other credit enhancements. 28 Includes multifamily loans and securities 60 days or more past due and is calculated based on the UPB of delinquent multifamily loans owned by Fannie Mae or underlying Fannie Mae guaranteed securities, divided by the UPB of multifamily loans owned by Fannie Mae or underlying Fannie Mae guaranteed securities. © Haver Analytics Vol 1: FIN - 140 11/30/10 Office of Federal Housing Enterprise Oversight (OFHEO) Fannie Mae & Freddie Mac Capital Requirement Billions of Dollars Variable Quarterly Enterprise Risk-Based Capital Requirement (RBC Requirement) Fannie Mae FMRBCB (1023-) Binding RBC Requirement Total Capital FMRBCAP (1023-) FMRBBAL (1023-) Surplus (Deficit) FMRBCU (1023-) Interest Rate Scenario: Up FMRBCD (1023-) Interest Rate Scenario: Down Freddie Mac FRRBCB (1023-) Binding RBC Requirement FRRBCAP (1023-) Total Capital FRRBBAL (1023-) Surplus (Deficit) FRRBCU (1023-) Interest Rate Scenario: Up FRRBCD (1023-) Interest Rate Scenario: Down Enterprise Qualifying Subordinated Debt Disclosure Fannie Mae FMCQSD (1054-) Total Capital and Qualifying Subordinated Debt FMSDR (1054-) Subordinated Debt Requirement FMDBAL (1054-) Surplus (Deficit) Freddie Mac FRCQSD (1054-) Total Capital and Qualifying Subordinated Debt FRSDR (1054-) Subordinated Debt Requirement FRDBAL (1054-) Surplus (Deficit) Enterprise Minimum Capital Requirement Fannie Mae FMMCR (932-) Statutory Minimum Requirement FMOMCR (1053-) OFHEO-Directed Minimum Requirement FMCCAP (932-) Core Capital FMCBAL (932-) Surplus (Deficit) (based on OFHEO-Directed Min Requirement) 1 Freddie Mac (932-) Statutory Minimum Requirement FRMCR FROMCR (1041-) OFHEO-Directed Minimum Requirement Core Capital FRCCAP (932-) FRCBAL (932-) Surplus (Deficit) (based on OFHEO-Directed Min Requirement) 2 Enterprise Critical Capital Requirement Fannie Mae Required Capital FMRCAP (1004-) FMCCAP (932-) Core Capital FMCRCAP (1004-) Surplus (Deficit) Freddie Mac FRRCAP (1004-) Required Capital Core Capital FRCCAP (932-) FRCRCAP (1004-) Surplus (Deficit) 1 Fannie Mae's surplus/deficit is based on Statutory Minimum Requirement from Q2 1993 through Q2 2005. Fannie Mae's surplus/deficit is based on OFHEO-Directed Minimum Requirement starting in Q3 2005. 2 Freddie Mac's surplus/deficit is based on Statutory Minimum Requirement from Q2 1993 through Q4 2003. Freddie Mac's surplus/deficit is based on OFHEO-Directed Minimum Requirement starting in Q1 2004. © Haver Analytics Vol 1: FIN - 141 11/30/10 NCREIF Real Estate Rates of Return Quarterly, Q1 1978-present Variable NCREIF Total Rate of Return on Real Estate (%) 3 NPIRU NPIRA NPIRI NPIRO NPIRR NPIRH (844-) (972-) NPIRE NPIRM NPIRW NPIRS By type of property: Apartments 4 Industrial Office Retail Hotel By region: East Midwest West South 5 Source: National Council of Real Estate Investment Fiduciaries. 1 Limits for Alaska, Hawaii, Virgin Islands and Guam are 50% higher. Virgin Islands was designated a high cost area in 1992 and Guam in 2001. 2 From 1981 to 1983, second mortgage limits were the same as first mortgage limits. Subsequent legislation reduced the limits to 50% of first mortgage limits. There was no second mortgage program before 1981. 3 Quarterly rates of return on Real Estate investments are calculated with Net Operating Income, Appreciation in Market Value and Improvements Made to the Property. For more detail see www.ncreif.org. Formerly Published by the Frank Russell Company. To compute annual values compound the quarterly rates of return. 4 Data prior to Q4 1984 are based on fewer than 20 properties and may be subject to relatively high sampling variability. 5 East: CT DE DC KY ME MD MA NH NJ NY NC PA RI SC VA VT WV Midwest: IA IL IN KS OH MO MI MN NE ND SD WI West: AK AZ CA CO HI ID MT NV NM OR UT WA WY South: AL AR FL GA LA MS OK TN TX © Haver Analytics Vol 1: FIN - 142 11/30/10 TERMS ON CONVENTIONAL HOME MORTGAGES NATIONAL AVERAGES FOR ALL MAJOR LENDERS By Property and Loan Type (Table 1 & 2) Monthly, 1983-present All Loans Closed Fixed Rate Adj. Rate FCMC FCMI FCME FCMT FCMA FCMP FCMR FCMFC FCMFI FCMFE FCMFT FCMFA FCMFP FCMFR FCMAC FCMAI FCMAE FCMAT FCMAA FCMAP FCMAR ------ ------ FCMR1 FCMR2 FCMR3 FCMR4 FCMN FCMNC FCMNI FCMNE FCMNT FCMNA FCMNP FCMNR (6301-) FCMNR1 FCMNR2 FCMNR3 FCMNR4 FCMNN FCMPC FCMPI FCMPE FCMPT FCMPA FCMPP 1 (6301-) FCMNFC FCMNFI FCMNFE FCMNFT FCMNFA FCMNFP FCMNFR -----FCMPFC FCMPFI FCMPFE FCMPFT FCMPFA FCMPFP (8703-) FCMNAC FCMNAI FCMNAE FCMNAT FCMNAA FCMNAP FCMNAR -----FCMPAC FCMPAI FCMPAE FCMPAT FCMPAA FCMPAP ALL LOANS Contract interest rate (%) Initial fees and charges (%) Effective rate (%) 1 Term to maturity (years) Loan amount (thous $) Purchase price (thous $) Loan-to-price ratio (%) Percent by L/P class less than 70.0% 70.1 - 80.0% 80.1 - 90.0% over 90.0% Percent of loans: ARMs PURCHASE OF NEWLY-BUILT HOMES Contract interest rate (%) Initial fees and charges (%) Effective rate (%) 1 Term to maturity (years) Loan amount (thous $) Purchase price (thous $) (8703-) Loan-to-price ratio (%) Percent by L/P class less than 70.0% 70.1 - 80.0% 80.1 - 90.0% over 90.0% Percent of loans: ARMs PURCHASE OF PREVIOUSLY OCCUPIED HOMES Contract interest rate (%) Initial fees and charges (%) Effective rate (%) 1 Term to maturity (years) Loan amount (thous $) Purchase price (thous $) Effective interest rate is the contract rate plus fees and charges amortized over a 10-year period. Ten years is the estimated average life of conventional mortgages. © Haver Analytics Vol 1: FIN - 143 11/30/10 TERMS ON CONVENTIONAL (continued) By Property and Loan Type (Table 1 & 2) Monthly, 1983-present All Loans Closed Fixed Rate Adj. Rate FCMPR FCMPFR FCMPAR FCMPR1 FCMPR2 FCMPR3 FCMPR4 FCMPN Note: ------ ------ Loan-to-price ratio (%) Percent by L/P class less than 70.0% 70.1 - 80.0% 80.1 - 90.0% over 90.0% Percent of loans: ARMs Data exclude FHA-insured and VA-guaranteed mortgages, refinancing loans and balloon loans. Source: Federal Housing Finance Board. 15- and 30-Year Fixed Rate Loans (Table 5) Monthly, January 1990-present Variable FCMF30C FCMF30I FCMF30E FCMF30A FCMF30P FCMF30R FCMF30S Fixed Rate 30-Year Nonjumbo Loans Contract interest rate (%) Initial fees and charges (%) Effective rate (%) 1 Loan amount (Thous $) Purchase price (Thous $) Loan-to-price ratio (%) Share of total market (%) FCMF15C FCMF15I FCMF15E FCMF15A FCMF15P FCMF15R FCMF15S Fixed Rate 15-Year Nonjumbo Loans Contract interest rate (%) Initial fees and charges (%) Effective rate (%) 1 Loan amount (Thous $) Purchase price (Thous $) Loan-to-price ratio (%) Share of total market (%) Source: Federal Housing Finance Board. Data exclude FHA-insured and VA-guaranteed mortgages, refinancing loans and balloon loans. 1 Effective interest rate is the contract rate plus fees and charges amortized over a 10-year period. Ten years is the estimated average life of conventional mortgages. © Haver Analytics Vol 1: FIN - 144 11/30/10 TERMS ON CONVENTIONAL (continued) Terms on Conventional Home Mortgages By Lender Type: Loans Closed (Table 3) National Averages for All Major Lenders Monthly Variable FCMMC FCMMI FCMME FCMMT FCMMA FCMMP FCMMR FCMMR1 FCMMR2 FCMMR3 FCMMR4 FCMMN MORTGAGE COMPANIES Contract Interest Rate (%) Initial Fees & Charges (%) Effective Rate (%) Term to Maturity(Yrs) Loan Amount (Thous.$) Purchase Price (Thous.$) Loan-to-Price Ratio (%) By Loan/Price Ratio Class: Under 70.0% (%) By Loan/Price Ratio Class: 70.1-80.0% (%) By Loan/Price Ratio Class: 80.1-90.0% (%) By Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) FCMCC FCMCI FCMCE FCMCT FCMCA FCMCP FCMCR FCMCR1 FCMCR2 FCMCR3 FCMCR4 FCMCN COMMERCIAL BANKS Contract Interest Rate (%) Initial Fees & Charges (%) Effective Rate (%) Term to Maturity(Yrs) Loan Amount (Thous.$) Purchase Price (Thous.$) Loan-to-Price Ratio (%) By Loan/Price Ratio Class: Under 70.0% (%) By Loan/Price Ratio Class: 70.1-80.0% (%) By Loan/Price Ratio Class: 80.1-90.0% (%) By Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) FCMSC FCMSI FCMSE FCMST FCMSA FCMSP FCMSR FCMSR1 FCMSR2 FCMSR3 FCMSR4 FCMSN SAVINGS INSTITUTIONS Contract Interest Rate (%) Initial Fees & Charges (%) Effective Rate (%) Term to Maturity(Yrs) Loan Amount (Thous.$) Purchase Price (Thous.$) Loan-to-Price Ratio (%) By Loan/Price Ratio Class: Under 70.0% (%) By Loan/Price Ratio Class: 70.1-80.0% (%) By Loan/Price Ratio Class: 80.1-90.0% (%) By Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Source: Federal Housing Finance Board. © Haver Analytics Vol 1: FIN - 145 11/30/10 TERMS ON CONVENTIONAL (continued) Mortgage Market Terms on Conventional Home Mortgages Averages By FHLB District: Loans Closed (Table 6) Quarterly Variable FCMBOSC FCMBOSI FCMBOSE FCMBOST FCMBOSP FCMBOSR FCMBOSR1 FCMBOSR2 FCMBOSR3 FCMBOSR4 FCMBOSN FCMBOSL BOSTON Contract Interest Rate (%) Initial Fees and Charges (%) Effective Rate (%) Term to Maturity (Years) Purchase Price (Thous.$) Loan-to-Price Ratio (%) Loan/Price Ratio Class: Under 70.0% (%) Loan/Price Ratio Class: 70.1-80.0% (%) Loan/Price Ratio Class: 80.1-90.0% (%) Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Number of Loans (Number) FCMNYC FCMNYI FCMNYE FCMNYT FCMNYP FCMNYR FCMNYR1 FCMNYR2 FCMNYR3 FCMNYR4 FCMNYN FCMNYL NEW YORK Contract Interest Rate (%) Initial Fees and Charges (%) Effective Rate (%) Term to Maturity (Years) Purchase Price (Thous.$) Loan-to-Price Ratio (%) Loan/Price Ratio Class: Under 70.0% (%) Loan/Price Ratio Class: 70.1-80.0% (%) Loan/Price Ratio Class: 80.1-90.0% (%) Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Number of Loans (Number) FCMPITC FCMPITI FCMPITE FCMPITT FCMPITP FCMPITR FCMPITR1 FCMPITR2 FCMPITR3 FCMPITR4 FCMPITN FCMPITL PITTSBURGH Contract Interest Rate (%) Initial Fees and Charges (%) Effective Rate (%) Term to Maturity (Years) Purchase Price (Thous.$) Loan-to-Price Ratio (%) Loan/Price Ratio Class: Under 70.0% (%) Loan/Price Ratio Class: 70.1-80.0% (%) Loan/Price Ratio Class: 80.1-90.0% (%) Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Number of Loans (Number) Source: Federal Housing Finance Board. © Haver Analytics Vol 1: FIN - 146 11/30/10 TERMS ON CONVENTIONAL (continued) Mortgage Market Terms on Conventional Home Mortgages Averages By FHLB District: Loans Closed (Table 6) Quarterly Variable FCMATLC FCMATLI FCMATLE FCMATLT FCMATLP FCMATLR FCMATLR1 FCMATLR2 FCMATLR3 FCMATLR4 FCMATLN FCMATLL ATLANTA Contract Interest Rate (%) Initial Fees and Charges (%) Effective Rate (%) Term to Maturity (Years) Purchase Price (Thous.$) Loan-to-Price Ratio (%) Loan/Price Ratio Class: Under 70.0% (%) Loan/Price Ratio Class: 70.1-80.0% (%) Loan/Price Ratio Class: 80.1-90.0% (%) Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Number of Loans (Number) FCMCINC FCMCINI FCMCINE FCMCINT FCMCINP FCMCINR FCMCINR1 FCMCINR2 FCMCINR3 FCMCINR4 FCMCINN FCMCINL CINCINNATI Contract Interest Rate (%) Initial Fees and Charges (%) Effective Rate (%) Term to Maturity (Years) Purchase Price (Thous.$) Loan-to-Price Ratio (%) Loan/Price Ratio Class: Under 70.0% (%) Loan/Price Ratio Class: 70.1-80.0% (%) Loan/Price Ratio Class: 80.1-90.0% (%) Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Number of Loans (Number) FCMINDC FCMINDI FCMINDE FCMINDT FCMINDP FCMINDR FCMINDR1 FCMINDR2 FCMINDR3 FCMINDR4 FCMINDN FCMINDL INDIANAPOLIS Contract Interest Rate (%) Initial Fees and Charges (%) Effective Rate (%) Term to Maturity (Years) Purchase Price (Thous.$) Loan-to-Price Ratio (%) Loan/Price Ratio Class: Under 70.0% (%) Loan/Price Ratio Class: 70.1-80.0% (%) Loan/Price Ratio Class: 80.1-90.0% (%) Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Number of Loans (Number) Source: Federal Housing Finance Board. © Haver Analytics Vol 1: FIN - 147 11/30/10 TERMS ON CONVENTIONAL (continued) Mortgage Market Terms on Conventional Home Mortgages Averages By FHLB District: Loans Closed (Table 6) Quarterly Variable FCMCHIC FCMCHII FCMCHIE FCMCHIT FCMCHIP FCMCHIR FCMCHIR1 FCMCHIR2 FCMCHIR3 FCMCHIR4 FCMCHIN FCMCHIL CHICAGO Contract Interest Rate (%) Initial Fees and Charges (%) Effective Rate (%) Term to Maturity (Years) Purchase Price (Thous.$) Loan-to-Price Ratio (%) Loan/Price Ratio Class: Under 70.0% (%) Loan/Price Ratio Class: 70.1-80.0% (%) Loan/Price Ratio Class: 80.1-90.0% (%) Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Number of Loans (Number) FCMDEMC FCMDEMI FCMDEME FCMDEMT FCMDEMP FCMDEMR FCMDEMR1 FCMDEMR2 FCMDEMR3 FCMDEMR4 FCMDEMN FCMDEML DES MOINES Contract Interest Rate (%) Initial Fees and Charges (%) Effective Rate (%) Term to Maturity (Years) Purchase Price (Thous.$) Loan-to-Price Ratio (%) Loan/Price Ratio Class: Under 70.0% (%) Loan/Price Ratio Class: 70.1-80.0% (%) Loan/Price Ratio Class: 80.1-90.0% (%) Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Number of Loans (Number) FCMDALC FCMDALI FCMDALE FCMDALT FCMDALP FCMDALR FCMDALR1 FCMDALR2 FCMDALR3 FCMDALR4 FCMDALN FCMDALL DALLAS Contract Interest Rate (%) Initial Fees and Charges (%) Effective Rate (%) Term to Maturity (Years) Purchase Price (Thous.$) Loan-to-Price Ratio (%) Loan/Price Ratio Class: Under 70.0% (%) Loan/Price Ratio Class: 70.1-80.0% (%) Loan/Price Ratio Class: 80.1-90.0% (%) Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Number of Loans (Number) Source: Federal Housing Finance Board. © Haver Analytics Vol 1: FIN - 148 11/30/10 TERMS ON CONVENTIONAL (continued) Mortgage Market Terms on Conventional Home Mortgages Averages By FHLB District: Loans Closed (Table 6) Quarterly Variable FCMTPKC FCMTPKI FCMTPKE FCMTPKT FCMTPKP FCMTPKR FCMTPKR1 FCMTPKR2 FCMTPKR3 FCMTPKR4 FCMTPKN FCMTPKL TOPEKA Contract Interest Rate (%) Initial Fees and Charges (%) Effective Rate (%) Term to Maturity (Years) Purchase Price (Thous.$) Loan-to-Price Ratio (%) Loan/Price Ratio Class: Under 70.0% (%) Loan/Price Ratio Class: 70.1-80.0% (%) Loan/Price Ratio Class: 80.1-90.0% (%) Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Number of Loans (Number) FCMSFCC FCMSFCI FCMSFCE FCMSFCT FCMSFCP FCMSFCR FCMSFCR1 FCMSFCR2 FCMSFCR3 FCMSFCR4 FCMSFCN FCMSFCL SAN FRANCISCO Contract Interest Rate (%) Initial Fees and Charges (%) Effective Rate (%) Term to Maturity (Years) Purchase Price (Thous.$) Loan-to-Price Ratio (%) Loan/Price Ratio Class: Under 70.0% (%) Loan/Price Ratio Class: 70.1-80.0% (%) Loan/Price Ratio Class: 80.1-90.0% (%) Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Number of Loans (Number) FCMSEAC FCMSEAI FCMSEAE FCMSEAT FCMSEAP FCMSEAR FCMSEAR1 FCMSEAR2 FCMSEAR3 FCMSEAR4 FCMSEAN FCMSEAL SEATTLE Contract Interest Rate (%) Initial Fees and Charges (%) Effective Rate (%) Term to Maturity (Years) Purchase Price (Thous.$) Loan-to-Price Ratio (%) Loan/Price Ratio Class: Under 70.0% (%) Loan/Price Ratio Class: 70.1-80.0% (%) Loan/Price Ratio Class: 80.1-90.0% (%) Loan/Price Ratio Class: Over 90.0% (%) Percent with Adjustable Rates (%) Number of Loans (Number) Source: Federal Housing Finance Board. © Haver Analytics Vol 1: FIN - 149 11/30/10 TERMS ON CONVENTIONAL SINGLE-FAMILY MORTGAGES ALL HOMES, JUMBO AND NONJUMBO MORTGAGES Annual Variable FCMRCA FCMREA FCMRIA FCMRPA FCMRRA FCMRTA FCL1 (80-) (80-) (80-) (80-) (80-) (80-) (80-) All Nonjumbo Loans: Contract Interest Rate (%) Effective Interest Rate (%) Initial Fees & Charges (%) Purchase Price (Thous.$) Loan to Price Ratio (%) Term to Maturity (Years) Conforming Loan Limit ($) FCMJCA FCMJEA FCMJIA FCMJPA FCMJRA FCMJTA FCL1 (80-) (80-) (80-) (80-) (80-) (80-) (80-) All Jumbo Loans: Contract Interest Rate (%) Effective Interest Rate (%) Initial Fees & Charges (%) Purchase Price (Thous.$) Loan to Price Ratio (%) Term to Maturity (Years) Conforming Loan Limit ($) FCMRFCA FCMRFEA FCMRFIA FCMRFPA FCMRFRA FCMRFTA FCL1 (86-) (86-) (86-) (86-) (86-) (86-) (80-) Fixed-Rate Nonjumbo Loans: Contract Interest Rate (%) Effective Interest Rate (%) Initial Fees & Charges (%) Purchase Price (Thous.$) Loan to Price Ratio (%) Term to Maturity (Years) Conforming Loan Limit ($) FCMJFCA FCMJFEA FCMJFIA FCMJFPA FCMJFRA FCMJFTA FCL1 (86-) (86-) (86-) (86-) (86-) (86-) (80-) Fixed-Rate Jumbo Loans: Contract Interest Rate (%) Effective Interest Rate (%) Initial Fees & Charges (%) Purchase Price (Thous.$) Loan to Price Ratio (%) Term to Maturity (Years) Conforming Loan Limit ($) Source: Federal Housing Finance Board. News Release. Table 21. ORIGINATIONS OF MORTGAGE LOANS FOR 1-4 FAMILY NONFARM HOMES Quarterly, Q1 1990-present Variable HMTOT (701-) HMTOP HMTOR HMTORR HMTOA (831-) Total mortgage originations (Bil.$) Purchase originations (Bil.$) Refinance originations (Bil.$) Refinance share (%) ARM share (%) 2 1 Source: Mortgage Bankers Association. 1 Data prior to Q1 1998 are from the discontinued Survey of Mortgage Lending Activity published by HUD (Department of Housing and Urban Development). 2 ARM share is percent of total number of closed conventional purchase loans. © Haver Analytics Vol 1: FIN - 150 11/30/10 Mortgage Equity Withdrawal (MEW) Quarterly Variable MEW4 MEW5 (911-) (911-) MEWUPS (911-) MEWHTXS (911-) MEWCOS (911-) MEW6 MEWGDPI MEWN MEWNDPI (681-) (903-) (903-) (903-) MEWCO MEWUP (902-) (902-) MEWHTX (902-) MEWD14 MEWDC MEWDHE MEWDR MEWDRC MEWR MEWRR MEWO MEWOR MEWORP MEWOP (901-) (901-) (901-) (901-) (902-) (902-) (902-) (902-) (902-) (902-) (902-) MEWONH MEWCC MEW7 (902-) (902-) (902-) MEWFCASH MEWFCHSL MEWFCHEL MEWFCRFI (911-) (911-) (911-) (911-) MEWDRPAY MEWDRPAP MEWHIMPR MEWHIMPP MEWPCE MEWPCEP MEWOTHER (911-) (911-) (911-) (911-) (911-) (911-) (911-) MEWPCCCR MEWPCCCP (911-) (911-) Federal Reserve Board (SAAR) Gross (Bil.Dollars) 2 Net (Bil.Dollars) 3 Components of Gross Equity Extraction: 4 Change in home equity debt outstanding - unscheduled payments Originations to finance purchases of existing homes minus sellers' debt cancellation Gross cash out Federal Reserve Board (NSA) Gross equity extraction (Bil.Dollars) 11 As a percent of disposable income Net equity extraction 12 As a percent of disposable income Components of Gross Equity Extraction: 4 Gross cash out Change in home equity debt outstanding - unscheduled payments Originations to finance purchases of existing homes minus sellers' debt cancellation (home turnover extraction) Net sales 1-4 mortgage debt outstanding Construction loans Home equity loans Regular mortgages 5 Change 6 Repayments Repayment rate 7 Total originations 8 Refinance originations Refinance share 9 Purchase originations 10 MEMO: Originations to purchase new homes Closing costs Active MEW (Bil.Dollars) 13 Distribution of Equity Extraction to Consumer Spending, Home improvements, Investments, and Debt Repayment Free cash resulting from equity extraction 14 Home sales Home equity loans net of unscheduled payments Cash out refinancings Used For: Repayment of non-mortgage debt As a share of consumer credit debt outstanding Home improvements As a share of outlays for residential improvements Personal consumption expenditures As a share of total PCE Acquisition of assets and other MEMO: PCE plus non-mortgage debt repayment As a share of total PCE Source: Federal Reserve Board. © Haver Analytics Please see footnotes on the next page. Vol 1: FIN - 151 11/30/10 Mortgage Equity Withdrawal (MEW) Quarterly Variable Calculated by Haver Analytics MEW1 (731-) MEW2 (901-) MEW3 (641-) 1 Mortgages less estimated debt on residential investment (Bil.$, SAAR) 15 Mortgages less estimated debt on new home sales (Bil.$, SAAR) 16 Mortgages less residential construction (Mil.$, NSA) 17 Please note that these series are not an official product of the Federal Reserve Board and do not reflect the views of the Board or its staff. For a detailed explanation of these series, see FEDS working paper 2005-41, "Estimates of Home Mortgage Originations, Repayments, and Debt on One-to-Four-Family Residences" by Alan Greenspan and James Kennedy on www.federalreserve.gov. 2 Gross Equity Extraction is calculated by analysts at the Federal Reserve Board. They compute the amount of borrowing that would be required to finance home purchases at average loan-to-value ratios. 3 Series MEW5 is gross home equity extraction less mortgage transaction fees, points, and taxes. 4 Gross Equity Extraction is the sum of its 3 components plus a statistical discrepany. 5 MEWD14@USECON - MEWDC@USECON - MEWDHE@USECON 6 MEWDR@USECON - MEWDR@USECON{t-1} 7 MEWR@USECON / MEWDR@USECON{t-1} 8 MEWDRC@USECON + MEWR@USECON 9 MEWOR@USECON / MEWO@USECON 10 11 MEWO@USECON - MEWOR@USECON Gross Equity Extraction is calculated by analysts at the Federal Reserve Board. They compute the amount of borrowing that would be required to finance home purchases at average loan-to-value ratios. Pre-1990 gross equity extraction estimates for this series contains assumptions whenever source data were not available and are likely to have considerable measurement error and should therefore be used and interpreted cautiously. 12 Net Equity Extraction is Gross Equity Extraction minus Closing Costs (MEWN=MEW6@USECON-MEWCC@USECON). 13 Active MEW can be defined as mortgage equity withdrawal consisting of refinancing and home equity borrowing. Inactive MEW consists of turnover. This series is calculated by analysts at the Federal Reserve Board and can be found in the working paper "Estimates of Home Mortgage Originations, Repayments, and Debt on One-to-Four-Family Residences" by Alan Greenspan and James Kennedy on www.federalreserve.gov. Please note that this series is not an official product of the Federal Reserve Board and does not reflect the views of the Board or its staff. 14 Free cash resulting from equity extraction is equal to gross equity extraction plus cash used to purchase existing homes minus closing costs associated with all three types of equity extraction. © Haver Analytics Vol 1: FIN - 152 11/30/10 15 Series MEW1 is formulated by Haver Analytics. We use the value of residential construction attributed to the household sector in the national income accounts as published in the Federal Reserve Flow of Funds table F.6. We multiply that amount by a loan-to-value ratio to obtain the implied financing amount. Home equity withdrawal is the difference between the actual and the implied borrowing amounts. MEW1= FL15HOM5@FFUNDS - [(FQ15RES5@FFUNDS X FCMNR@USECON)/100] where FL15HOM5@FFUNDS is Home Mortgages (SAAR, Bil.$) FQ15RES5@FFUNDS is Residential Construction in the Household Sector (SAAR, Bil.$) FCMNR@USECON is Loan-to-Price Ratio of Newly-Built Homes Purchased (%) as reported by the Federal Housing Finance Board 16 Series MEW2 is calculated by Haver Analytics based on a simplified version of the FRB series as produced by analysts at a leading investment bank. They calculate the value of new single family home sales by multiplying the Census Bureau's count of sales and the average price. This total value is in turn multiplied by the loan-to-price ratio for new home purchases to obtain an estimate of the borrowing needed to finance those sales. Equity withdrawal is then simply the difference between actual mortgage borrowing and this estimate. MEW2 = FL15HOM5@FFUNDS - [{(HN1US@USECON x HN1PA@USECON)/100000} x FCMNR@USECON] where FL15HOM5@FFUNDS is Home Mortgages (SAAR, Bil.$) HN1US@USECON is the Number of New Single-Family Houses Sold (SAAR, Thous) HN1PA@USECON is the Average Sales Price of New Single-Family Houses Sold (Dollars) FCMNR@USECON is Loan-to-Price Ratio of Newly-Built Homes Purchased (%) as reported by the Federal Housing Finance Board 17 Series MEW3 is calculated by Haver Analytics. It is the simple difference between net new home mortgage debt and residential construction. MEW3 = UL15HOM5@FFUNDS - CPVR1N@USECON where UL15HOM5@FFUNDS is Home Mortgages (NSA, Mil.$) CPVR1N@USECON is the Value of New Construction-Put-in-Place of New Single-Family Houses (NSA, Mil.$) © Haver Analytics Vol 1: FIN - 153 11/30/10 Variable FMDB FMDH1 FMDH5 FMDNF FMDFR FMDFI FMDFIC FMDFIC1 FMDFIC5 FMDFICNF FMDFICFR FMDFIS FMDFIS1 FMDFIS5 FMDFISNF FMDFISFR FMDFIL FMDFIL1 FMDFIL5 FMDFILNF FMDFILFR FMDFA FMDGNM FMDGNM1 FMDGNM5 FMDFHA FMDFHA1 FMDFHA5 FMDFHANF FMDFHAFR FMDFHV FMDFHV1 FMDFHV5 FMDRTC FMDRTC1 FMDRTC5 FMDRTCNF FMDRTCFR FMDFDI FMDFDI1 FMDFDI5 FMDFDINF FMDFDIFR Mortgage Debt Outstanding 1,8 Millions of Dollars End of Period, Quarterly, Q1 1949-present Mortgage Debt Outstanding: all holders 1,8 BY TYPE OF PROPERTY: 1 to 4 family residences Multifamily residences (5 or more units) Nonfarm nonresidential Farm BY TYPE OF HOLDER: Major Financial Institutions Commercial Banks 2 1 to 4 family Multifamily (5 or more units) Nonfarm nonresidential Farm Savings Institutions 3 1 to 4 family Multifamily (5 or more units) Nonfarm nonresidential Farm Life Insurance Companies 1 to 4 family Multifamily (5 or more units) Nonfarm nonresidential Farm Federal and Related Agencies Government National Mortgage Association 1 to 4 family Multifamily (5 or more units) Farmers Home Administration 4 1 to 4 family Multifamily (5 or more units) Nonfarm nonresidential Farm Federal Housing Administration & Dept of Veterans Affairs 1 to 4 family Multifamily (5 or more units) Resolution Trust Corporation 1 to 4 family Multifamily (5 or more units) Nonfarm nonresidential Farm Federal Deposit Insurance Corporation 1 to 4 family Multifamily (5 or more units) Nonfarm nonresidential Farm Please see footnotes on the next page. © Haver Analytics Vol 1: FIN - 154 11/30/10 Mortgage Debt Outstanding, continued Variable FMDFNM FMDFNM1 FMDFNM5 FMDFLB FMDFLB1 FMDFLBFR FMDFMC FMDFMC1 FMDFMC5 FMDAMC FMDAMCFR FMDP FMDPGN FMDPGN1 FMDPGN5 FMDPFMC FMDPFMC1 FMDPFMC5 FMDPFNM FMDPFNM1 FMDPFNM5 FMDPFHA FMDPFHA1 FMDPFHA5 FMDPFHAN FMDPFHAF FMDPPM FMDPPM1 FMDPPM5 FMDPPMNF FMDPPMFR FMDPAM FMDPAMF FMDIN FMDIN1 FMDIN5 FMDINNF FMDINFR BY TYPE OF HOLDER (continued): Federal National Mortgage Association 1 to 4 family Multifamily (5 or more units) Federal Land Banks 1 to 4 family Farm Federal Home Loan Mortgage Corporation 1 to 4 family Multifamily (5 or more units) Federal Agricultural Mortgage Corporation Farm Mortgage Pools or Trusts 5 Government National Mortgage Association 1 to 4 family Multifamily (5 or more units) Federal Home Loan Mortgage Corporation 1 to 4 family Multifamily (5 or more units) Federal National Mortgage Association 1 to 4 family Multifamily (5 or more units) Farmers Home Administration 4 1 to 4 family Multifamily (5 or more units) Nonfarm nonresidential Farm Private Mortgage Conduits 1 to 4 family 6 Multifamily (5 or more units) Nonfarm nonresidential Farm Federal Agricultural Mortgage Corporation Farm Individuals and Others 7 1 to 4 family Multifamily (5 or more units) Nonfarm nonresidential Farm 1 Based on data from various institutional and government sources published in the Federal Reserve Bulletin. Separations of nonfarm mortgage debt by type of property, if not reported directly, and interpolations and extrapolations, when required for some quarters, are estimated in part by the Federal Reserve. Line 69 from Inside Mortgage Securities and other sources. 2 Includes loans held by nondeposit trust companies but not loans held by bank trust departments. 3 Includes savings banks and savings and loan associations. 4 FmHA-guaranteed securities sold to the Federal Financing Bank were reallocated from FmHA mortgage pools to FmHA mortgage holdings in 1986:Q4 because of accounting changes by the Farmers Home Administration. 5 Outstanding principal balances of mortgage-backed securities insured or guaranteed by the agency indicated. 6 Includes securitized home equity loans. 7 Other holders include mortgage companies, real estate investments trusts, state & local credit agencies, state and local retirement funds, noninsured pension funds, credit unions, and finance companies. 8 This Mortgage Debt Outstanding series in USECON (FMDB) published in Table 1.54 of the Federal Reserve Bulletin is conceptually similar to the mortgage debt outstanding series in Flow of Funds Table L.4 found in the FFUNDS database but the figures are slightly different because Table 1.54 is based purely on mortgage-related data sources while the flow of funds accounts represent estimates adjusted for information from many other sectors of the economy. Table 1.54, however, has extra detail not found in Flow of Funds Table L.4. Mortgage debt outstanding in Flow of Funds Table L.4 is updated earlier than mortgage debt outstanding in Table 1.54 of the Federal Reserve Bulletin. © Haver Analytics Vol 1: FIN - 155 11/30/10 Federal Housing Administration Monthly Report FHA Portfolio Summary Number Bil.Dollars (1079-) (1079-) FHAMIN FHAMNN FHAMID FHAMND Multifamily Portfolio: Multifamily Insured Multifamily Notes FHASIN FHASNN FHASPN FHASACN FHASID FHASND FHASPD FHASACD Single Family Portfolio: Single Family Insured Single Family Notes Single Family Properties Accelerated Claims Disposition Notes FHA1PIN FHA1MIN FHA1NN FHA1PID FHA1MID FHA1ND Title I Title Title Title Portfolio: I Property Improvement Insured I Manufactured Housing Insured I Notes Federal Housing Administration FHA Single Family Activity in the Home-Purchase Market Market Shares & New Insurance Volumes by Number of Households Served Variable FHAMSAM FHAMSEM FHAMSNM FHABFAM FHABMAM FHABFEM FHABMEM FHABFNM FHABMNM Variable FHAMSA FHAMSE FHAMSN FHABFA FHABMA FHABFE FHABME FHABFN FHABMN © Haver Analytics Current Fiscal Year Trends by Month (SAAR) Monthly, October 2007-present FHA Market Shares (%) All Homes Purchased Existing Homes Purchased New Homes Purchased Number of Households Buying Homes (Thous) All FHA Homes All Homes on the Market Existing FHA Homes Existing Homes on the Market New FHA Homes New Homes on the Market Annual Fiscal Year Summaries Annual, 1991-present FHA Market Shares (%) All Homes Purchased Existing Homes Purchased New Homes Purchased Number of Households Buying Homes (Thous) All FHA Homes All Homes on the Market Existing FHA Homes Existing Homes on the Market New FHA Homes New Homes on the Market Vol 1: FIN - 156 11/30/10 Federal Housing Administration FHA Single Family Activity in the Home-Purchase Market Market Shares and New Insurance Volumes by Dollar Home Sales Variable Current Fiscal Year Trends by Month (SAAR) Monthly, October 2007-present FHAMSADM FHAMSEDM FHAMSNDM FHA Market Shares (%) All Homes Purchased Existing Homes Purchased New Homes Purchased FHABFADM FHABMADM FHABFEDM FHABMEDM FHABFNDM FHABMNDM Dollar Value of Homes Purchased (Bil. of Dollars) All FHA Homes All Homes on the Market Existing FHA Homes Existing Homes on the Market New FHA Homes New Homes on the Market Variable Annual Fiscal Year Summaries Annual, 1991-present FHAMSAD FHAMSED FHAMSND FHA Market Shares (%) All Homes Purchased Existing Homes Purchased New Homes Purchased FHABFAD FHABMAD FHABFED FHABMED FHABFND FHABMND Dollar Value of Homes Purchased (Bil of Dollars) All FHA Homes All Homes on the Market Existing FHA Homes Existing Homes on the Market New FHA Homes New Homes on the Market © Haver Analytics Vol 1: FIN - 157 11/30/10 Private Mortgage Insurance Activity 1 Monthly unless otherwise indicated, August 2001-present Variable MIAPP Applications Received (Number) MICTRAD MICBULK Certificates/Policies Issued (Number): Traditional Bulk MIPTRAD MIPBULK Primary New Insurance Written (Mil $): Traditional Bulk MIPIF MIPRIF MILRW MILRIF (1013-) (1013-) MIPCURE MIPDFLT MIPRAT Primary Insurance in Force (Mil.$) Primary Risk in Force (Quarterly, Mil.$) New Pool Risk Written (Mil.$) Pool Risk in Force (Quarterly, Mil.$) Primary Insurance Cures (Number) Primary Insurance Defaults (Number) Ratio of Primary Insurance Cures to Defaults (%) Source: Mortgage Insurance Companies of America. 1 Companies included in this report are AIG United Guaranty, Genworth Mortgage Insurance Corporation, Mortage Guaranty Insurance Corporation PMI Mortgage Insurance Co., and Republic Mortgage Insurance Corporation. Data prior to July 2008 also includes Triad Guaranty Insurance Corporation. Data prior to July 2003 includes Radian Guaranty Inc. © Haver Analytics Vol 1: FIN - 158 11/30/10 CONSUMER CREDIT, BY HOLDER AND TYPE Billions of dollars, end of month, 1943-present Amount outstanding Percent change, SAAR FOT FOR FON FCTR FCRR FCNR (6801-) Amount outstanding FOTN FOHCBN FOHFNCN FOHCRUN FOHFSMN FOHSAVN FOHNFBN FOHPSN FORN FORCBN FORFNCN FORCRUN FORSAVN FORNFBN FORPSN FONN FONCBN FONFNCN FONCRUN FONFSMN FONSAVN FONNFBN FONPSN Source: 1 2 3 4 (4601-) (4601-) (8412-) (8001-) (8001-) (8001-) (4301-) (4301-) (4601-) (4601-) (4602-) (6802-) (4302-) Seasonally Adjusted 2 Consumer credit outstanding Revolving Nonrevolving 1 Not Seasonally Adjusted Consumer credit By Major Holder Commercial banks Finance companies Credit unions Federal government and Sallie Mae 4 Savings institutions Nonfinancial businesses Pools of securitized assets 3 By Major Credit Type 4 Revolving Commercial banks Finance companies Credit unions Savings institutions Nonfinancial businesses Pools of securitized assets 3 Nonrevolving Commercial banks Finance companies Credit unions Federal government and Sallie Mae Savings institutions Nonfinancial businesses Pools of securitized assets 3 Board of Governors of the Federal Reserve System. G.19 (421) 4 "Consumer Credit." Consumer credit covers most short- and intermediate-term credit extended to individuals. It includes revolving credit (credit card credit and balances outstanding on unsecured revolving lines of credit) and nonrevolving credit (such as secured and unsecured credit for automobiles, mobile homes, trailers, durable goods, vacations and other purposes). Consumer credit excludes loans secured by real estate (such as mortgage loans, home equity loans and home equity lines of credit). Percent changes are calculated from unrounded data. Outstanding balances of pools upon which securities have been issued: these balances are no longer carried on the balance sheet of the loan originator. Includes estimates for holders that do not separately report consumer credit holding by type 7 Beginning with the October 7, 2003 release of August 2003 data, the monthly G.19 consumer credit statistics incorporate student loans extended by the federal government and by SLM Holding Corporation (SLM), the parent company of Sallie Mae. With this addition, the historical data on consumer credit have been revised back to 1977, which shifts the level of consumer credit about 3 percent on average between 1977:Q1 and 2003:Q2. The growth rate of consumer credit has increased an average of about 0.4 percentage point each year. The release also adds the non-GSE portion of Sallie Mae's parent company, SLM, to the finance company sector and Sallie Mae's securitized loans to pools of securitized assets. © Haver Analytics Vol 1: FIN - 159 11/30/10 BURDEN OF DEBT SERVICE PAYMENTS Percent, Quarterly, Seasonally adjusted, 1980-present Variable Debt service payments/DPI 1 Financial obligations/DPI 2 Homeowners Mortgage 3 Consumer 3 Renters DISCONTINUED Debt-service payments/disposable personal income Consumer credit DSP/DPI Mortgage DSP/DPI FODSPX FOFOR FOFORH FOFORHM FOFORHC FOFORR FODSPX2 FODSPIX FODSPMX Source: Board of Governors of the Federal Reserve System. MORTGAGE INTEREST PAYMENTS Quarterly, 1977-present 4 FMOROT Mortgage interest paid on owner-occupied and tenant-occupied nonfarm housing (SAAR, Mil$) FMOROTR Effective mortgage rate paid on owner-occupied and tenant-occupied nonfarm housing (%) Source: 1 2 3 4 Dept of Commerce. Bureau of Economic Analysis. Unpublished The household debt-service ratio (DSR) is an estimate of the ratio of debt-service payments to disposable personal income. Debt payments consist of the estimated required payments on outstanding mortgage and consumer debt. The financial obligations ratio (FOR) is a broader measure than the debt service ratio. It includes automobile lease payments, rental payments on tenant-occupied property, homeowners' insurance and property tax payments. The HOMEOWNER MORTGAGE RATIO includes payments on mortgage debt, homeowners' insurance, and property taxes, while the HOMEOWNER CONSUMER RATIO includes payments on consumer debt and automobile leases. Estimates are prepared by multiplying mortgage debt outstanding from the Federal Reserve Board with an effective rate of interest excluding interest paid on mobile homes. BEA uses a perpetual inventory method to compile quarterly estimates of mortgage debt outstanding by mortgage interest type (conventional fixed rate, adjustable rate, and FHA/VA). Debt outstanding by mortgage type is calculated by amortizing quarterly mortgage originations by an average interest rate and terms to maturity at the time of origination less prepayments. Total debt outstanding for each type of mortgage is the sum of the debt outstanding for each quarterly origination. Total debt outstanding is calculated by summing the debt outstanding of the 3 mortgage types. Interest paid is calculated quarterly for each origination by mortgage type. It is equal to debt outstanding (described above) times the average contract interest rate (fixed rate or adjustable rate; the average fixed rate is used for FHA/VA mortgages). Total interest paid by mortgage type is the sum of the interest paid for each origination. Total interest paid is the sum of interest paid for each mortgage type. The effective rate of interest for all residential mortgages is calculated by dividing estimated total interest paid by estimated total debt outstanding for a given quarter. © Haver Analytics Vol 1: FIN - 160 11/30/10 Terms of Credit at Commercial Banks and Finance Companies Percent, not seasonally adjusted Variable FK48NC FK24P (721-) (721-) FKCCA FKCCI (721-) (944-) COMMERCIAL BANK INTEREST RATES, quarterly New car loans: 48-month Personal loans: 24-month Credit card plans All accounts 1 Accounts assessed interest 2 New cars FFINC FFMNC FFLNC FFANC Used cars FFIUC FFMUC FFLUC FFAUC AUTO FINANCE COMPANY LOANS, 7106-present Interest rates (percent) Maturity (months) Loan-to-value ratio Amount financed (dollars) Source: Board of Governors of the Federal Reserve System. "Consumer Credit."G.20 (422) 1 The annual finance charge averaged across all credit card accounts at all reporting banks. A discontinuity occurs in Q4 1994 due to a new survey used in collecting credit card data in November 1994. 2 This rate is the annualized ratio of total finance charges at all reporting banks to the total average daily balances against which the finance charges were assessed. © Haver Analytics Vol 1: FIN - 161 11/30/10 Other Consumer Rates Monthly Average Yield/Rate (%) For monthly end-of-period data, please append an E to the variable. Variable FMMAY FCD5Y AWL5YR FCJMTG FFNCL FMHEL (10401-) (10504-) (10701-) (10504-) (10504-) (10504-) MTG15F MTG15J MTG30F MTG30J AWL51Y AWL51J AWL1YR (10801-) FMAHEL FMBHEL FMAHEN FMBHEN (10801-) FFN3CL FFN5CL (10801-) FMMKAY FMMXAY FCD6M FCD1Y FCD2Y FCD5IY (10801-) (10801-) (10801-) (10801-) (10801-) (10801-) (10801-) (10801-) (10801-) (10801-) (10801-) (10801-) (10801-) (10801-) (10801-) (10801-) WALL STREET JOURNAL Money market, annual yield 5-year CD, annual yield 5-year adjustable mortgage rate (ARM) 1 30-year jumbo mortgage rate ($417,000 plus) New car loan rate (48-month) 2 Home-equity loan rate ($30,000) NEW YORK TIMES Home Mortgage Rate 15-Year Fixed 15-Year Fixed Jumbo 30-Year Fixed 30-Year Fixed Jumbo 5/1 Adjustable 5/1 Adjustable Jumbo 1-Year Adjustable Home Equity FICO SCORE 660-749: $75K FICO SCORE 750-850: $75K FICO SCORE 660-749: $75K FICO SCORE 750-850: $75K Auto Loan Rate 36-Month Used Car 60-Month New Car Savings Rate Money Market $10K Money Market 6-Month CD 1-Year CD 2-Year CD 5-Year IRA CD Line, Line, Loan, Loan, 1 Good Credit Excellent Credit Good Credit Excellent Credit 1 Excludes closing costs. 2 This is a bankrate.com average of new car loan rates from Washington Trust Bank, Bank of America, First Federal Bank of Louisiana, PeoplesBank and Capital One. © Haver Analytics Vol 1: FIN - 162 11/30/10 Variable FDNSAR FDNITR FDNMMR FDN1MR FDN3MR FDN6MR FDN1YR FDN2YR FDN3YR FDN4YR FDN5YR FDNSAC FDNITC FDNMMC FDN1MC FDN3MC FDN6MC FDN1YC FDN2YC FDN3YC FDN4YC FDN5YC FDJSAR FDJITR FDJMMR FDJ1MR FDJ3MR FDJ6MR FDJ1YR FDJ2YR FDJ3YR FDJ4YR FDJ5YR FDJSAC FDJITC FDJMMC FDJ1MC FDJ3MC FDJ6MC FDJ1YC FDJ2YC FDJ3YC FDJ4YC FDJ5YC FDIC National Rates and Rate Caps (Savings, Checking, MMkt, CD) Non-Jumbo Deposits (< $100,000) National Rate 1 Savings Interest Checking Money Market 1 month CD 3 month CD 6 month CD 12 month CD 24 month CD 36 month CD 48 month CD 60 month CD Rate Cap 2 Savings Interest Checking Money Market 1 month CD 3 month CD 6 month CD 12 month CD 24 month CD 36 month CD 48 month CD 60 month CD Jumbo Deposits (> or = $100,000) National Rate 1 Savings Interest Checking Money Market 1 month CD 3 month CD 6 month CD 12 month CD 24 month CD 36 month CD 48 month CD 60 month CD Rate Cap 2 Savings Interest Checking Money Market 1 month CD 3 month CD 6 month CD 12 month CD 24 month CD 36 month CD 48 month CD 60 month CD Footnotes are on the next page. © Haver Analytics Vol 1: FIN - 163 11/30/10 1 National rates are calculated based on a simple average of rates paid (uses annual percentage yield) by all insured depository institutions and branches for which data are available. Data used to calculate the national rates are gathered by a third party. Savings and interest checking account rates are based on the $2,500 product tier while money market and certificate of deposit are based on the $10,000 and $100,000 product tiers for non-jumbo and jumbo accounts,respectively. Account types and maturities published in these tables are those most commonly offered by the banks and branches for which we have data no fewer than 20,000 locations and as many as 74,000 locations reported. While the jumbo deposit rates offered by each individual bank are higher than the deposit rates it offers on smaller deposits, nationwide averages of jumbo deposit rates may be lower than nationwide averages of rates offered on smaller deposits because the population of banks and branches posting separate rates on jumbo deposits is different from, and smaller than, the general population of banks and branches. Accordingly, the published jumbo deposit rates in this table will differ from the published non-jumbo rates only where the jumbo deposit rate is higher. The deposit rates of credit unions are not included in the calculation. 2 The rate cap is determined by adding 75 basis points to the national rate. To determine conformance with the regulation, compare rates offered by the institution, based on size and maturity of the deposit, to the rate caps. For accounts less than $100,000 use the applicable rate cap under the non-jumbo and for accounts $100,000 and over, use the rate caps under the jumbo. Interpolation should be used for deposits with maturities not listed. © Haver Analytics Vol 1: FIN - 164 11/30/10 RECEIVABLES OUTSTANDING AT DOMESTIC FINANCE COMPANIES Billions of dollars, seasonally adjusted End-of-period PCT SAAR SA (8506-) (8507-) FROT 2 FROTP FROC FROL FROB 1 (8901-) FROCP FROLP FROBP Finance company owned and managed receivables (8902-) Consumer receivables Real estate Business NSA FROTN FROCN FROCVN FROCLN FROCRN FROCON (4301-) (4301-) (4301-) (8006-) (8412-) (4301-) FROCVZN FROCLZN FROCRZN FROCOZN FROLN FROL4N FROLON (8901-) (9006-) (9606-) (8901-) (8506-) (9606-) (9606-) FROL4ZN FROLOZN FROBN FROBVN FROBVRN FROBVWN FROBVLN FROBEN FROBELN FROBLEN FROBON (9606-) (9606-) (8006-) (8006-) (8006-) (8006-) (8006-) (8506-) (8506-) (8506-) (8006-) FROBVZN FROBVRZN FROBVWZN FROBVLZN FROBEZN FROBELZN FROBLEZN FROBOZN (9006-) (9006-) (9008-) (9606-) (9006-) (9206-) (9006-) (9012-) Source: 1 Finance company owned and managed receivables Consumer receivables Motor vehicle loans Motor vehicle leases Revolving credit 3 Other consumer credit 4 Securitized assets 5 Motor vehicle loans Motor vehicle leases Revolving credit Other consumer credit Real estate 1-4 family mortgages Other real estate Securitized real estate assets 1-4 family Other Business receivables Motor vehicles Retail Wholesale (floor plan financing) 6 Leases Equipment Loans Leases Other business receivables 7 Securitized assets 5 Motor vehicles Retail Wholesale Leases Equipment Loans Leases Other business receivables 7 Board of Governors of the Federal Reserve System. "Receivables Outstanding at Finance Companies." G.20 (422) Includes finance company subsidiaries of bank holding companies but not of retailers and banks. © Haver Analytics Vol 1: FIN - 165 11/30/10 RECEIVABLES OUTSTANDING AT DOMESTIC FINANCE COMPANIES (contd) 2 3 4 5 6 7 Owned receivables are those carried on the balance sheet of the institution. Managed receivables are outstanding balances of pools which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator. Data are shown before deductions for unearned income and losses. Components may not add to totals because of rounding. Excludes revolving credit reported as held by depository institutions that are subsidiaries of finance companies. Includes personal cash loans, mobile home loans and loans to purchase other consumer goods such as appliances, apparel, boats and recreational vehicles. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator. Credit arising from transactions between manufacturers and dealers, that is, floor plan financing. Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used primarily for business or farm purposes; and wholesale and lease paper for mobile homes, campers and travel trailers. Standard & Poor's Credit Card Quality Index Variable CCQIO CCQIY CCQIP CCQIL CCQID1 CCQID2 CCQID3 CCQIB CCQIX Monthly, January 1992-present Receivables outstanding (Bil.$) Yield (%) 2 Payment rate (%) 3 Charge-off rate (%) 4 1-month delinquency rate (%) 5 2-month delinquency rate (%) 5 3-month delinquency rate (%) 5 Base rate (%) 6 Excess spread rate (%) 7 CCQSD CCQSU Quarterly, Q1 2002-present Rating actions: downgrades (Number) Rating actions: upgrades (Number) 1 1 Receivables outstanding: Aggregate outstanding eligible principal receivables of credit card accounts backing each master trust at the end of the collection period. 2 Yield: The weighted average total trust income for the collection period, as a percentage of eligible principal receivables (annualized). 3 Total payment rate: The weighted average total monthly collections (obligor principal and finance charge payments), as a percentage of total outstandings. 4 Charge-off rate: The weighted average losses on principal receivables for the collection period, as a percentage of eligible principal receivables (annualized). 5 Delinquencies: The weighted average past-due amount for the collection period, as a percentage of the current month's eligible principal receivables. 6 Base rate: The weighted average cost of funding (sum of the certificate rate on a securitization and the corresponding transaction servicing fee) for the collection period. 7 Excess spread rate: The weighted average surplus of cash inflow for the collection period (yield minus charge-offs minus base rate). © Haver Analytics Vol 1: FIN - 166 11/30/10 Federal Financial Institutions Examination Council: FRB Call Report LOAN PERFORMANCE AT INSURED, U.S.-CHARTERED COMMERCIAL BANKS Delinquencies as a Percent of End of Period Loan/Lease Balances All Commercial Banks Quarterly Delinquency Rate (%) Delinquencies (Mil.US$) EOP Balance DQ DQU DQUD DQUO DQE DQR DQRR DQRM DQRF DQI DQA (851-) (871-) (911-) (911-) (871-) (871-) (911-) (911-) (911-) (871-) (871-) ------------ ------------ DQN DQUN DQUDN DQUON DQEN DQRN DQRRN DQRMN DQRFN DQIN DQAN (851-) (871-) (911-) (911-) (871-) (871-) (911-) (911-) (911-) (871-) (871-) DNN DNUN DNUDN DNUON DNEN DNRN DNRRN DNRMN DNRFN DNIN DNAN (851-) (871-) (911-) (911-) (871-) (871-) (911-) (911-) (911-) (871-) (871-) BLN BLUN BLUDN BLUON BLEN BLRN BLRRN BLRMN BLRFN BLIN BLAN 1 Seasonally Adjusted Total loans and leases 2 Consumer loans Credit cards Other Leases Real estate loans Residential 3 Commercial 4 Farmland Commercial & industrial loans Agricultural loans (851-) (851-) (851-) (851-) (851-) (851-) (851-) (851-) (851-) (851-) (851-) Not Seasonally Adjusted Total loans and leases 2 Consumer loans Credit cards Other Leases Real estate loans Residential 3 Commercial 4 Farmland Commercial & industrial loans Agricultural loans Source: Board of Governors of the Federal Reserve System. Unpublished. 1 Delinquent loans include those past due 30 days or more and still accruing interest, as well as those on nonaccrual status. 2 Domestic and foreign offices. 3 Residential real estate loans include loans secured by one- to fourfamily properties, including home equity lines of credit. 4 Commercial real estate loans include construction and land development loans, loans secured by multifamily residences, and loans secured by nonfarm, nonresidential real estate. © Haver Analytics Vol 1: FIN - 167 11/30/10 Federal Financial Institutions Examination Council: FRB Call Report LOAN PERFORMANCE AT INSURED, U.S.-CHARTERED COMMERCIAL BANKS Delinquencies as a Percent of End of Period Loan/Lease Balances 100 Largest Commercial Banks Quarterly Delinquency Rate (%) DQL DQUL DQUDL DQUOL DQEL DQRL DQRLR DQRLM DQRLF DQIL DQAL (851-) (871-) (911-) (911-) (871-) (871-) (911-) (911-) (911-) (871-) (871-) DQLN DQULN DQUDLN DQUOLN DQELN DQRLN DQRLRN DQRLMN DQRLFN DQILN DQALN (851-) (871-) (911-) (911-) (871-) (871-) (911-) (911-) (911-) (871-) (871-) 1 Delinquencies EOP Balance (Mil.US$) -----------DNLN DNULN DNUDLN DNUOLN DNELN DNRLN DNRLRN DNRLMN DNRLFN DNILN DNALN Seasonally Adjusted Total loans and leases 2 Consumer loans Credit cards Other Leases Real estate loans Residential 3 Commercial 4 Farmland Commercial & industrial loans Agricultural loans -----------(851-) (871-) (911-) (911-) (871-) (871-) (911-) (911-) (911-) (871-) (871-) BLLN BLULN BLUDLN BLUOLN BLELN BLRLN BLRLRN BLRLMN BLRLFN BLILN BLALN (851-) (851-) (851-) (851-) (851-) (851-) (851-) (851-) (851-) (851-) (851-) Not Seasonally Adjusted Total loans and leases 2 Consumer loans Credit cards Other Leases Real estate loans Residential 3 Commercial 4 Farmland Commercial & industrial loans Agricultural loans Source: Board of Governors of the Federal Reserve System. Unpublished. 1 Delinquent loans include those past due 30 days or more and still accruing interest, as well as those on nonaccrual status. 2 Domestic and foreign offices. 3 Residential real estate loans include loans secured by one- to fourfamily properties, including home equity lines of credit. 4 Commercial real estate loans include construction and land development loans, loans secured by multifamily residences, and loans secured by nonfarm, nonresidential real estate. © Haver Analytics Vol 1: FIN - 168 11/30/10 Federal Financial Institutions Examination Council: FRB Call Report LOAN PERFORMANCE AT INSURED, U.S.-CHARTERED COMMERCIAL BANKS Delinquencies as a Percent of End of Period Loan/Lease Balances Other Commercial Banks 5 Quarterly Delinquency Rate (%) Delinquencies (Mil.US$) DQS DQUS DQUDS DQUOS DQES DQRS DQRSR DQRSM DQRSF DQIS DQAS (851-) (871-) (911-) (911-) (871-) (871-) (911-) (911-) (911-) (871-) (871-) ------------ DQSN DQUSN DQUDSN DQUOSN DQESN DQRSN DQRSRN DQRSMN DQRSFN DQISN DQASN (851-) (871-) (911-) (911-) (871-) (871-) (911-) (911-) (911-) (871-) (871-) DNSN DNUSN DNUDSN DNUOSN DNESN DNRSN DNRSRN DNRSMN DNRSFN DNISN DNASN EOP Balance Seasonally Adjusted Total loans and leases 2 Consumer loans Credit cards Other Leases Real estate loans Residential 3 Commercial 4 Farmland Commercial & industrial loans Agricultural loans -----------(851-) (871-) (911-) (911-) (871-) (871-) (911-) (911-) (911-) (871-) (871-) 1 BLSN BLUSN BLUDSN BLUOSN BLESN BLRSN BLRSRN BLRSMN BLRSFN BLISN BLASN (851-) (851-) (851-) (851-) (851-) (851-) (851-) (851-) (851-) (851-) (851-) Not Seasonally Adjusted Total loans and leases 2 Consumer loans Credit cards Other Leases Real estate loans Residential 3 Commercial 4 Farmland Commercial & industrial loans Agricultural loans Source: Board of Governors of the Federal Reserve System. Unpublished. 1 Delinquent loans include those past due 30 days or more and still accruing interest, as well as those on nonaccrual status. 2 Domestic and foreign offices. 3 Residential real estate loans include loans secured by one- to fourfamily properties, including home equity lines of credit. 4 5 Commercial real estate loans include construction and land development loans, loans secured by multifamily residences, and loans secured by nonfarm, nonresidential real estate. Size of bank is measured by consolidated assets adjusted for mergers. "Other Commercial Banks" are those smaller than the 100 largest banks. © Haver Analytics Vol 1: FIN - 169 11/30/10 Federal Financial Institutions Examination Council: FRB Call Report LOAN PERFORMANCE AT INSURED, U.S.-CHARTERED COMMERCIAL BANKS Charge-Offs as a Percent of Average Loan/Lease Balances All Commercial Banks Quarterly Charge-Off Rate (%) Charge-Offs (Mil.US$) DY DYU DYUD DYUO DYE DYR DYRR DYRM DYRF DYI DYA (851-) (851-) (851-) (851-) (851-) (851-) (911-) (911-) (911-) (851-) (851-) ------------ DYN DYUN DYUDN DYUON DYEN DYRN DYRRN DYRMN DYRFN DYIN DYAN (851-) (851-) (851-) (851-) (851-) (851-) (911-) (911-) (911-) (851-) (851-) DON DOUN DOUDN DOUON DOEN DORN DORRN DORMN DORFN DOIN DOAN Avg Balance Seasonally Adjusted Total loans and leases Consumer loans Credit cards Other Leases Real estate loans Residential 2 Commercial 3 Farmland Commercial & industrial loans Agricultural loans -----------(851-) (851-) (851-) (851-) (851-) (851-) (911-) (911-) (911-) (851-) (851-) 1 BAN BAUN BAUDN BAUON BAEN BARN BARRN BARMN BARFN BAIN BAAN (851-) (851-) (851-) (851-) (871-) (851-) (851-) (851-) (851-) (851-) (851-) Not Seasonally Adjusted Total loans and leases Consumer loans Credit cards Other Leases Real estate loans Residential 2 Commercial 3 Farmland Commercial & industrial loans Agricultural loans Source: Board of Governors of the Federal Reserve System. 1 Charge-offs, which are the value of loans removed from the books and charged against loss reserves, are measured net of recoveries as a percentage of average loans and annualized. Source: Board of Governors of the Federal Reserve System. Unpublished. 2 Residential real estate loans include loans secured by one- to fourfamily properties, including home equity lines of credit. 3 Commercial real estate loans include construction and land development loans, loans secured by multifamily residences, and loans secured by nonfarm, nonresidential real estate. © Haver Analytics Vol 1: FIN - 170 11/30/10 Federal Financial Institutions Examination Council: FRB Call Report LOAN PERFORMANCE AT INSURED, U.S.-CHARTERED COMMERCIAL BANKS Charge-Offs as a Percent of Average Loan/Lease Balances 100 Largest Commercial Banks Quarterly Charge-Off Rate (%) Charge-Offs (Mil.US$) DYL DYUL DYUDL DYUOL DYEL DYRL DYRLR DYRLM DYRLF DYIL DYAL (851-) (851-) (851-) (851-) (851-) (851-) (911-) (911-) (911-) (851-) (851-) ------------ DYLN DYULN DYUDLN DYUOLN DYELN DYRLN DYRLRN DYRLMN DYRLFN DYILN DYALN (851-) (851-) (851-) (851-) (851-) (851-) (911-) (911-) (911-) (851-) (851-) DOLN DOULN DOUDLN DOUOLN DOELN DORLN DORLRN DORLMN DORLFN DOILN DOALN Avg Balance Seasonally Adjusted Total loans and leases Consumer loans Credit cards Other Leases Real estate loans Residential 2 Commercial 3 Farmland Commercial & industrial loans Agricultural loans -----------(851-) (851-) (851-) (851-) (851-) (851-) (911-) (911-) (911-) (851-) (851-) 1 BALN BAULN BAUDLN BAUOLN BAELN BARLN BARLRN BARLMN BARLFN BAILN BAALN (851-) (851-) (851-) (851-) (871-) (851-) (851-) (851-) (851-) (851-) (851-) Not Seasonally Adjusted Total loans and leases Consumer loans Credit cards Other Leases Real estate loans Residential 2 Commercial 3 Farmland Commercial & industrial loans Agricultural loans Source: Board of Governors of the Federal Reserve System. Unpublished. 1 Charge-offs, which are the value of loans removed from the books and charged against loss reserves, are measured net of recoveries as a percentage of average loans and annualized. 2 Residential real estate loans include loans secured by one- to fourfamily properties, including home equity lines of credit. 3 Commercial real estate loans include construction and land development loans, loans secured by multifamily residences, and loans secured by nonfarm, nonresidential real estate. © Haver Analytics Vol 1: FIN - 171 11/30/10 Federal Financial Institutions Examination Council: FRB Call Report LOAN PERFORMANCE AT INSURED, U.S.-CHARTERED COMMERCIAL BANKS Charge-Offs as a Percent of Average Loan/Lease Balances1 Other Commercial Banks 4 Quarterly Charge-Off Rate (%) Charge-Offs (Mil.US$) DYS DYUS DYUDS DYUOS DYES DYRS DYRSR DYRSM DYRSF DYIS DYAS (851-) (851-) (851-) (851-) (851-) (851-) (911-) (911-) (911-) (851-) (851-) ------------ DYSN DYUSN DYUDSN DYUOSN DYESN DYRSN DYRSRN DYRSMN DYRSFN DYISN DYASN (851-) (851-) (851-) (851-) (851-) (851-) (911-) (911-) (911-) (851-) (851-) DOSN DOUSN DOUDSN DOUOSN DOESN DORSN DORSRN DORSMN DORSFN DOISN DOASN Avg Balance Seasonally Adjusted Total loans and leases Consumer loans Credit cards Other Leases Real estate loans Residential 2 Commercial 3 Farmland Commercial & industrial loans Agricultural loans -----------(851-) (851-) (851-) (851-) (851-) (851-) (911-) (911-) (911-) (851-) (851-) BASN BAUSN BAUDSN BAUOSN BAESN BARSN BARSRN BARSMN BARSFN BAISN BAASN (851-) (851-) (851-) (851-) (871-) (851-) (851-) (851-) (851-) (851-) (851-) Not Seasonally Adjusted Total loans and leases Consumer loans Credit cards Other Leases Real estate loans Residential 2 Commercial 3 Farmland Commercial & industrial loans Agricultural loans Source: Board of Governors of the Federal Reserve System. Unpublished. 1 Charge-offs, which are the value of loans removed from the books and charged against loss reserves, are measured net of recoveries as a percentage of average loans and annualized. 2 Residential real estate loans include loans secured by one- to fourfamily properties, including home equity lines of credit. 3 Commercial real estate loans include construction and land development loans, loans secured by multifamily residences, and loans secured by nonfarm, nonresidential real estate. 4 Size of bank is measured by consolidated assets adjusted for mergers. "Other Commercial Banks" are those smaller than the 100 largest banks. © Haver Analytics Vol 1: FIN - 172 11/30/10 Shared National Credit Program Trends 1 Large Syndicated Loans Billions of Dollars, Annual, 1991-present Variable FLSL FLSLO FLSLR FLSLRC FLSLRCS FLSLRCD FLSLRCL FLSLRX Source: (93-) Total Large Syndicated Loans Committed Loans Advanced and Outstanding Loans Adversely Rated Classified Loans Substandard 3 Doubtful 4 Loss 5 Special Mention 6 2 Board of Governors of the Federal Reserve System. "Shared National Credit (SNC) Program Review". 1 The Shared National Credit (SNC) Program was established in 1977 by the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency. 2 Large Syndicated Loans are defined as greater than $20 million, and shared by three or more financial institutions. Prior to 1999 Large Syndicated Loans were greater than $20 million, & shared by two or more institutions. 3 Substandard assets are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Assets so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the bank will sustain some loss if the deficiencies are not corrected. 4 Assets classified Doubtful have all the weaknesses inherent in those classified Substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently known facts, conditions and values, highly questionable and improbable. 5 Assets classified as a Loss are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off a basically worthless asset even though partial recovery may be effected in the future. 6 Loans listed for Special Mention (also known as "other assets especially mentioned") are generally considered to be loans that have potential weaknesses that may, if not checked or corrected, weaken the asset or inadequately protect the bank's credit position at some future date. © Haver Analytics Vol 1: FIN - 173 11/30/10 Survey of Terms of Business Lending (E.2) Commercial and Industrial Loan Rates Spreads over intended federal funds rate by loan size Quarterly, Q3 1986-present Variable FFTRR Intended Federal Funds Rate 1 Spread Over Intended Fed Funds Rate: FCIRS FCIRSV All loans Actual Moving average (4-quarter) FCIRSL FCIRSLV More than $1 Million Actual Moving average (4-quarter) FCIRSM FCIRSMV $100 Thousand-$1 Million Actual Moving average (4-quarter) FCIRSS FCIRSSV Less than $100 Thousand Actual Moving average (4-quarter) Source: Board of Govenors of the Federal Reserve System. Survey of Terms of Business Lending (E.2). Chart Data. 1 The intended federal funds rate is a measure of the stance of Federal Reserve policy during the survey week (defined as the first full business week in the middle of the month of each quarter: Feb, May, Aug and Nov). Since July 1995 the intended rate has been announced by the Federal Reserve in a press release. Prior to that date, the rates were taken from the operating instructions to the Domestic Desk of the Federal Reserve Bank of New York. Where those instructions provided a range, the midpoint is given. © Haver Analytics Vol 1: FIN - 174 11/30/10 QUARTERLY FINANCIAL REPORT (NAICS) Sales and Profits of Corporations Engaged in Manufacturing, Mining, and Trade Corporations Millions of dollars, Not seasonally adjusted Quarterly, Q4 2000-present Sales Operating Profits After-tax Profits NQSMFGA NQSMFG -NQOMFG NQIMFGA NQIMFG (941-) NQSMNGA NQSMNG NQSE1 NQSE2 NQSE34 -NQOMNG NQOE1 NQOE2 NQOE34 NQIMNGA NQIMNG NQIE1 NQIE2 NQIE34 (941-) NQSE56 NQSF2 NQSF3 NQOE56 NQOF2 NQOF3 NQIE56 NQIF2 NQIF3 NQSF4 NQSF5 NQSF5A NQOF4 NQOF5 NQOF5A NQIF4 NQIF5 NQIF5A NQSF5B NQSF5C NQSF6 NQOF5B NQOF5C NQOF6 NQIF5B NQIF5C NQIF6 Nondurable manufacturing, SA Nondurable manufacturing, NSA Food Beverage and tobacco products Textile mills and textile product mills Apparel and leather products Paper Printing and related support activities Petroleum and coal products Chemicals Basic chemicals, resins and synthetics Pharmaceuticals and medicines All other chemicals Plastics and rubber products NQSMDGA NQSMDG NQSF1 NQSF7 NQSG1 NQSG1A NQSG1B NQSG1C NQSG2 NQSG3 NQSG4 NQSG4A NQSG4B NQSG4C NQSG5 -NQOMDG NQOF1 NQOF7 NQOG1 NQOG1A NQOG1B NQOG1C NQOG2 NQOG3 NQOG4 NQOG4A NQOG4B NQOG4C NQOG5 NQIMDGA NQIMDG NQIF1 NQIF7 NQIG1 NQIG1A NQIG1B NQIG1C NQIG2 NQIG3 NQIG4 NQIG4A NQIG4B NQIG4C NQIG5 (941-) Durable manufacturing, SA Durable manufacturing, NSA Wood products Nonmetallic mineral products Primary metals Iron, steel, and ferroalloys Nonferrous metals Foundries Fabricated metal products Machinery Computer and electronic products Computer & peripheral equipment Communications equipment All other electronic products Electrical equipment, appliances & components © Haver Analytics All manufacturing corporations, SA All manufacturing corporations, NSA Vol 1: FIN - 175 11/30/10 Quarterly Financial Report (NAICS) , continued Sales and Profits of Corporations Engaged in Manufacturing, Mining, and Trade Corporations Millions of dollars, Not seasonally adjusted Quarterly, Q4 2000-present Sales Operating Profits After-tax Profits NQSG6 NQSG6A NQSG6B NQOG6 NQOG6A NQOG6B NQIG6 NQIG6A NQIG6B Transportation equipment Motor vehicles and parts Aerospace products and parts NQSG7 NQSG9 NQOG7 NQOG9 NQIG7 NQIG9 Furniture and related products Miscellaneous manufacturing NQSB0 NQOB0 NQIB0 Mining NQSH0 NQOH0 NQIH0 Wholesale trade NQSIJ NQOIJ NQIIJ Retail trade Quarterly Financial Report (NAICS) Rate of Return and Dividends Millions of dollars, Not seasonally adjusted Quarterly, Q4 2000-present SA (941-) NSA NMFGSP -- NMFGSPN NMFGSPXN NQSMFGA -NQIMFGA -- NQSMFG NQOMFG NQIMFG EG0P75 © Haver Analytics Manufacturing Corporations Rate of return (after taxes) Cents per dollar of sales Percent on equity (annual rate) Millions of dollars Net sales Operating profits After-tax profits Dividends paid (cash) Vol 1: FIN - 176 11/30/10 QUARTERLY FINANCIAL REPORT (SIC) DISCONTINUED Sales and Profits of Corporations Engaged in Manufacturing, Mining, and Trade Corporations and Rate of Return after taxes Not seasonally adjusted Millions of dollars, Q4 1980-present After-tax Profits Sales QSMFG QSMFGA QSNG QSNGA QS2000 QS2200 QS3100 QS2600 QS2700 QS2800 QS2810 QS2830 QS2890 QS2900 QS3000 QSDG QSDGA QS3200 QS3300 QS3310 QS3350 QS3400 QS3500 QS3600 QS3700 QS3710 QS3770 QS3800 QS3900 QS2400 QS2500 QS3999 QS4000 QS4100 QS5200 1 (741-) (741-) (921-) (741-) (921-) (921-) (921-) (811-) QIMFG QIMFGA QING QINGA QI2000 QI2200 QI3100 QI2600 QI2700 QI2800 QI2810 QI2830 QI2890 QI2900 QI3000 QIDG QIDGA QI3200 QI3300 QI3310 QI3350 QI3400 QI3500 QI3600 QI3700 QI3710 QI3770 QI3800 QI3900 QI2400 QI2500 QI3999 QI4000 QI4100 QI5200 (741-) (741-) (921-) (741-) (921-) (921-) (921-) (811-) All manufacturing corporations All manufacturing corporations, SA Nondurable goods Nondurable goods, SA Food and kindred products Textiles Apparel, including leather Paper Printing Chemicals Industrial and synthetics (SIC 281+282) Drugs (SIC 293) Other chemicals (SIC 284-287, 289) Petroleum Rubber Durable goods Durable goods, SA Stone, clay and glass Primary metals Iron and steel (SIC 331, 332) Nonferrous metals Fabricated metals Machinery Electrical machinery Transportation equipment Motor vehicles & equipment Aircraft, guided missiles and parts Instruments Other durable goods Lumber & wood products (SIC 24) Furniture & fixtures (SIC 25) Miscellaneous manufacturing Mining 1 Wholesale trade 1 Retail trade 1 Mining and trade data are the quarterly results of only those companies with assets over $50 million. But data for manufacturing corporations present the quarterly results of companies with assets over $250,000, thus only a small portion of the manufacturing industry is uncovered. © Haver Analytics Vol 1: FIN - 177 11/30/10 QUARTERLY FINANCIAL REPORT (SIC) DISCONTINUED Manufacturing Corporations Quarterly SA MFGSP -- (471-) QSMFGA QIMFGA Source: (741-) (741-) NSA MFGSPN MFGSPXN (781-) (781-) QSMFG QIMFG I1000P75 (804-) (804-) (804-) Rate of return (after taxes) Cents per dollar of sales Percent on equity (annual rate) Millions of dollars Net sales Aftertax profit Dividends paid (cash) Department of Commerce. Bureau of the Census. Advance data from the Quarterly Financial Report for Manufacturing, Mining, and Trade Corporations. LIFE INSURANCE COMPANIES Millions of dollars Annual, 1970-present 1 Variable FLIAA Assets Securities Government Business Bonds Stocks Mortgages Real estate Policy loans Other assets FLIASGA FLIASBA FLIASBBA FLIASBSA FLIAMA FLIARA FLIAPA FLIAOA Source: American Council of Life Insurance FEDERAL HOME LOAN BANKS OFFICE OF FINANCE FHLBank System Combined Financial Report 2 Amounts in Millions, Quarterly Variable FHLS (914-) FHLM (974-) (914-) FHIV FHTA (914-) FHAMP (1024-) (914-) FHDB FHCO (914-) FHTC (914-) (964-) FHNI Advances (Secured Loans) Mortgage Loans, Net Investments Total Assets Net Advances + Mortgage Loans, Net (% of Assets) Deposits and Borrowings Consolidated Obligations Total Capital Net Income 1 Data also available for the years 1917, 1920, 1925, 1930, 1935, 1940, 1945, 1950, 1955, 1960 and 1965. 2 Quarterly data for the current year data are unaudited. © Haver Analytics Vol 1: FIN - 178 11/30/10 GOVERNMENT FINANCE Federal Individual Income Tax 1 Adjusted gross income Annual, 1954-present Tax Liability FITLS5 FITLS10 FITLS20 FITLS25 FITLS30 FITLS35 FITLS40 FITLS50 FITLS75 FITLS100 FITLM5 FITLM10 FITLM20 FITLM25 FITLM30 FITLM35 FITLM40 FITLM50 FITLM75 FITLM100 ($) Effective Marginal Tax Rate (%) Tax Rate (%) FIERS5 FIERS10 FIERS20 FIERS25 FIERS30 FIERS35 FIERS40 FIERS50 FIERS75 FIERS100 FIMRS5 FIMRS10 FIMRS20 FIMRS25 FIMRS30 FIMRS35 FIMRS40 FIMRS50 FIMRS75 FIMRS100 Single Person, No Dependents: $ 5,000 Income 2 $10,000 Income 3 $20,000 Income $25,000 Income DISCONTINUED (2000-) $30,000 Income $35,000 Income DISCONTINUED (2000-) $40,000 Income $50,000 Income $75,000 Income (2000-) $100,000 Income FIERM5 FIERM10 FIERM20 FIERM25 FIERM30 FIERM35 FIERM40 FIERM50 FIERM75 FIERM100 Married Couple, Two Dependents: FIMRM5 $ 5,000 Income 5 FIMRM10 $10,000 Income 5 FIMRM20 $20,000 Income 6 FIMRM25 $25,000 Income DISCONTINUED 7 FIMRM30 (2000-) $30,000 Income FIMRM35 $35,000 Income DISCONTINUED FIMRM40 (2000-) $40,000 Income FIMRM50 $50,000 Income FIMRM75 $75,000 Income FIMRM100 (2000-) $100,000 Income FIMRSTOP FIMRSBOT (1913-)Top tax bracket (1913-)Bottom tax bracket Source: Statistical Abstract of the U.S.. Census Bureau 1 2 3 4 5 6 7 Refers to income after exclusions. Effective rate represents tax liability divided by stated income. The marginal tax rate is the percentage of the first additional dollar of income which would be paid in income tax. Computations assume the low income allowance, standard deduction, zero bracket amount, or itemized deductions equal to 10 percent of adjusted gross income, whichever is greatest. Excludes self-employment tax. Includes refundable earned income credit beginning in 1994. Includes refundable earned income credit beginning in 1999. Only one spouse is assumed to work. Includes child tax credits beginning in 1998. Includes refundable earned income credit in all years. Includes refundable earned income credit in all years. Includes refundable portion of child tax credits beginning in 2001. Includes refundable earned income credit beginning in 1994. Includes refundable portion of child tax credits beginning in 2001. © Haver Analytics Vol 1: FIN - 179 11/30/10 4 SUMMARY OF BUDGET & OFF-BUDGET RESULTS & FINANCING OF THE U.S. Millions of dollars Monthly Total on-budget and off-budget results: FTR FTBR FTFR (5401-) (9203-) (9203-) Total receipts On-budget Off-budget FTO FTBO FTFOFF (5401-) (9203-) (9203-) Total outlays On-budget Off-budget FTT FTTB FTTF (5401-) (9203-) (9203-) Total surplus (+) or deficit (-) On-budget Off-budget Total on-budget and off-budget financing 1 Means of financing: FTFINP (9201-) Borrowing from the public FTFINR (9201-) Reduction of operating cash, increase (-) FTFINM (9201-) By other means These series are calculated by Haver to incorporate Treasury's corrections for up to two years after initial publication Fiscal Year-to-date FTRYR (9110-) Total receipts FTOYR (9110-) Total outlays FTTYR (9110-) Total surplus (+) or deficit (-) Source: Department of the Treasury. Financial Management Service. "Monthly Treasury Statement." Tables 1 and 2 1 Equals the deficit (FTT) with the sign reversed. © Haver Analytics Vol 1: FIN - 180 11/30/10 RECEIPTS AND OUTLAYS OF THE UNITED STATES GOVERNMENT Millions of dollars Monthly Fiscal Year to Date (8201-) (8210-) Fiscal Year (34-) FTT FTTB FTTF (5401-) (9203-) (9203-) FTTY FTTBY FTTFY (9203-) (9203-) FATT FATTB FATTF (01-) (01-) (37-) Federal surplus or deficit On-budget Off-budget FTR FTBR FTFR (5401-) (9203-) (9203-) FTRY FTBRY FTFRY (6810-) (9203-) (9203-) FATTR FATTBR FATTFR (01-) (01-) (37-) Receipts by source On-budget Off-budget FTRI FTRC FTTRS --- FTRIY FTRCY FTTRSY --- FATTRI FATTRC FATTRS FATTRSB FATTRSF (37-) FTRSE FTRSEY FATRSE (40-) FTRSU FTRSO FTRSUY FTRSOY FATRSU FATRSO (40-) (40-) FTRE -FTRG FTRU FTRM FTREY -FTRGY FTRUY FTRMY FATTRE -FATRG FATRU FATRM (40-) (40-) (40-) (9007-) (9001-) (90-) FTGR FTGRY FATGR FTGRI FTGRC FTGRIY FTGRCY FATGRI FATGRC FTGRSE FTGRSEY FATGRSE FTGRSU FTGRSO FTGRE FTGRG FTGRU FTGRM FTGRSUY FTGRSOY FTGREY FTGRGY FTGRUY FTGRMY FATGRSU FATGRSO FATGRE FATGRG FATGRU FATGRM Individual income taxes Corporation income taxes Social insurance taxes and contributions: On-budget Off-budget Employment taxes and contributions Unemployment insurance Other retirement contributions Excise taxes Other taxes Estate and gift taxes Customs, duties & fees Miscellaneous Total Gross Receipts 1 Individual income taxes Corporation income taxes Social insurance taxes and contributions: Employment taxes and contributions Unemployment insurance Other retirement contribs Excise taxes Estate and gift taxes Customs, duties & fees Miscellaneous See footnotes on next page. © Haver Analytics Vol 1: FIN - 181 11/30/10 RECEIPTS AND OUTLAYS OF THE U.S. GOVERNMENT (continued) Monthly Fiscal Year to Date FTO FTBO FTFOFF FTOY FTBOY FTFOY (8201-) Fiscal Year (8210-) (5401-) (9203-) (9203-) (1940-) (6810-) (9203-) (9203-) FATO FATBO FATFO FTOD FTOI FTOG FTODY FTOIY FTOGY FATOD FATOI FATOG FTOE FTON FTOEY FTONY FATOE FATON FTOA FTOC FTOAY FTOCY FATOA FATOC FTOT FTOR FTOTY FTORY FATOT FATOR FTOED FTOEDY FATOED FTOEDU FTOH FTOM FTOIS FTOSS FTOV FTOJ FTOGG FTOIN FTODC FTOU (9612-) (8501-) (8601-) (8501-) (8601-) FTOEDUY FTOHY FTOMY FTOISY FTOSSY FTOVY (9512-) (8510-) (8603-) (8510-) (8603-) -FATOH FATOM FATOIS FATOSS FATOV (8401-) (9102-) FTOJY FTOGGY FTOINY FTODCY (8410-) (9102-) FATOJ FATOGG FATOIN -- (8401-) FTOUY (8410-) FATOU (01-) (01-) (37-) Net outlays On-budget Off-budget (42-) (66-) National defense International affairs General science, space and technology Energy Natural resources and environment Agriculture Commerce and housing credit Transportation Community and regional development Education, training, employment and social services Education Health Medicare Income security Social security Veterans benefits and services Administration of justice General government Interest Contributions to defense corporate account 2 Undistributed offsetting receipts Sources: Monthly and Fiscal year to date: Department of the Treasury, Financial Management Service, Monthly Treasury Statement of Receipts and Outlays of the United States Government , Tables 2 and 9. Fiscal Year: Office of Management and Budget. Annual Budget of the United States Government, Historical Tables 1 2 Receipts before deductions for refunds. Data exist only for February 1991. © Haver Analytics Vol 1: FIN - 182 11/30/10 SUMMARY OF TREASURY SECURITIES OUTSTANDING (MONTHLY STATEMENT OF PUBLIC DEBT) Monthly, Millions of Dollars Total Amount Debt Held Outstanding by the Public PDO (5207-) PDOU (10101-) Total public debt outstanding (5207-) -Interest-bearing debt PDI 1 PDIM (5207-) PDIMU (10101-) Marketable debt 3 PDIMTB (5207-) PDIMTBU (10101-) Treasury bills PDIMTN (5207-) PDIMTNU (10101-) Treasury notes 2 PDIMTS (5207-) PDIMTSU (10101-) Treasury bonds 2 PDIMTI (10406-) PDIMTIU (10406-) Treasury inflation-protected securities PDIMTIN(9702-10405) PDIMTINU (10101-10405) Indexed notes (DISCONTINUED) Indexed bonds (DISCONTINUED) PDIMTIS(9804-10405) PDIMTISU (10101-10405) PDIMFFB (9602-) PDIMFFBU (10101-) Federal financing bank 4 PDINM (7501-) PDINMU (10101-) Nonmarketable debt 5 PDINMC (10307-) PDINMCU (10307-) Depositary compensation securities 1 PDINMD (9602-) PDINMDU (10101-) Domestic series PDINMF (9602-) PDINMFU (10101-) Foreign series PDINMR (7501-) PDINMRU (10101-) R.E.A. series PDINMS (7501-) PDINMSU (10101-) State & local government series PDINMV (9602-) PDINMVU (10101-) U.S. savings securities PDINMG (7501-) PDINMGU (10101-) Government account series PDINMH (10808-) PDINMHU (10808-) Hope bonds PDINMO (10101-) PDINMOU (10101-) Other (incl noninterest-bearing) PDNI (7501-) -Noninterest-bearing debt 1 Intra-governmental Holdings Interest Rate PDOI (10101-) Total public debt outstanding -PDIR (5207-) Interest-bearing debt PDIMI (10101-) PDIMR (7501-) Marketable debt 3 PDIMTBI (10101-) PDIRTB (5207-) Treasury bills PDIMTNI (10101-) PDIRTN (5207-) Treasury notes 2 PDIMTSI (10101-) PDIRTS (5207-) Treasury bonds 2 PDIMTII (10406-) PDIRTI (10410-) Treasury inflation-protected securities PDIMTINI(10101-10405)PDIRTIN (9702-10409) Indexed notes (DISCONTINUED) PDIMTISI(10101-10405)PDIRTIS (9804-10409) Indexed bonds (DISCONTINUED) PDIMFFBI (10101-) PDIRFFB (8510-) Federal financing bank PDINMI (10101-) PDINR (5207-) Nonmarketable debt 5 PDINMCI (10307-) -Depositary compensation securities 1 PDINMDI (10101-) PDINRD (8910-) Domestic series PDINMFI (10101-) PDINRF (8801-) Foreign series PDINMRI (10101-) PDINRR (8801-) R.E.A. series PDINMSI (10101-) PDINRS (8801-) State & local government series PDINMVI (10101-) PDINRV (9602-) U.S. savings securities PDINMGI (10101-) PDINRG (7501-) Government account series PDINMHI (10808-) PDINRH (10808-) Hope bonds PDINMOI (10101-) Other (incl noninterest-bearing) PDOFY PDB (1901-) (8601-) Public debt outstanding (annual, fiscal year)7 Borrowing from the public8 Source: Treasury Dept. 1 3 4 5 9 7 8 "Monthly Statement of the Public Debt of the United States." Table 1 2 DISCONTINUED Beginning in January 2001 this series includes matured debt. Prior to 2001 matured debt was included in non-interest bearing debt (PDNI). Total marketable debt consists of short-term debt (1 year and less), long-term debt (greater than 1 year) and matured debt. Federal Financing Bank debt was not reported in the October 2002 Monthly Statement of the Public Debt because all debt in the Federal Financing Bank was redeemed on Oct 18, 2002. Total nonmarketable debt consists of short-term debt (1 year and less), long-term debt (greater than 1 year) and matured debt. Hope bonds were issued on August 28, 2008, pursuant to the Housing and Economic Recovery Act of 2008, Public Law 110-289 (2008). These long-term nonmarketable securities have been issued to the FFB for the Hope Ownership Program. Includes legal tender notes, gold and silver certificates, etc. The fiscal year in 1901 begin on July 1. In 1977 the beginning of the fiscal year was moved to October 1. Data from 1975 to 1985 were rounded to millions by the source, the Treasury Department. Source: "Monthly Treasury Statement of Receipts & Outlays of the U.S. Govt. Table 6. © Haver Analytics Vol 1: FIN - 183 11/30/10 STATUTORY DEBT LIMIT Millions of Dollars, End of Period, Monthly IntraGovernmental Holdings Total Amount Outstanding Debt Held by the Public (10101-) (10101-) TDSL PDSL (9702-) (9201-) TDSLU PDSLU TDSLI PDSLI PDO (5207-) PDOU PDOI PDNLOU PDNLUU PDIMFFBU PDSLGU PDNLOI PDNLUI PDIMFFBI PDSLGI PDNLO (9901-) PDNLU (9901-) PDIMFFB(9602-) PDSLG (9901-) SDL SDLB (9201-) (9702-) Source: --- --- Total public debt subject to limit Total Treasury securities subject to limit 1 Public debt outstanding less amounts not subject to limit: Other debt not subject to limit Unamortized discount 2 Federal Financing Bank Guaranteed debt of government agencies 3 Statutory debt limit 4 Balance of statutory debt limit Department of the Treasury. Monthly Statement of the Public Debt of the United States. Table II. Statutory Debt Limit. PRIVATELY HELD MARKETABLE INTEREST-BEARING PUBLIC DEBT Maturity distribution & average length to maturity Millions of dollars, end of period Monthly Fiscal Years (7501-) (1967-) PDIMP PDIMPY PDIMPL PDIMP1 PDIMP5 PDIMP10 PDIMP20 PDAVGM PDIMPLY PDIMP1Y PDIMP5Y PDIMP10Y PDIMP20Y PDAVGMY Source: 1 2 3 4 5 Debt outstanding Maturity class Within one year One to five years Five to ten years Ten to twenty years Twenty years & over Average length to maturity, in months 5 Department of the Treasury. U.S. Treasury Bulletin. Table FD-5 Data prior to February 1997 for total amount outstanding of Treasury securities subject to limit (PDSL) are from the Daily Treasury Statement. Represents the unamortized discount on T-Bills and zero-coupon Treasury Bonds. Debentures issued (series MM) by FHA that are redeemable with 3 months' notification. Pursuant to 31 U.S.C. 3101(b). By Act of August 5, 1997, Public Law 105-33, Sec. 5701 the Statutory Debt Limit was increased to $5,950,000 million. Data prior to February 1997 for the statutory debt limit(SDL) are from the Daily Treasury Statement. By Act of June 28,2002(S.2578) the statutory debt limit was increased to $6,400,000 million. Monthly average length to maturity (PDAVGM) includes inflation-indexed securities beginning in September 2001. Fiscal year average length to maturity (PDAVGMY) includes inflation-indexed securities beginning in 1997. © Haver Analytics Vol 1: FIN - 184 11/30/10 Average Maturity of Total Outstanding Marketable Debt Quarterly, Q4 1980-present Variable PDAVGMQ Source: Average maturity of total outstanding marketable debt (months) Department of the Treasury. Office of Debt Management. Quarterly Refunding Charts Data. GROSS FEDERAL DEBT End-of-fiscal year, 1939-present Annual PDOA PDOGDP PDPA PDPGDP OMB Gross Federal Debt Gross Federal debt 1 as percent of GDP Held by the public 2 as percent of GDP PDFOA PDFOGDP PDFPA PDFPGDP OMB Gross Federal Debt Including Projections Gross Federal debt 1 as percent of GDP Held by the public 2 as percent of GDP PDOABUD PDOPBUD PDPABUD PDPPBUD CBO Gross Federal Debt Projections Gross Federal debt as percent of GDP Held by the public as percent of GDP 3 4 Source: Office of Management and Budget. Annual Budget of the United States. Historical Table 7.1 FEDERAL BUDGET SURPLUS OR DEFICIT(-) AS PERCENTAGE OF GDP Percent, fiscal years, 1930-present Fiscal Years FTTGDP FTRGDP FTOGDP FTODGDP (40-) NSAGDPFY Sources: 1 2 3 4 Federal surplus/deficit(-) as percentage of GDP Federal receipts as percentage of GDP Federal outlays as percentage of GDP Defense outlays as percentage of GDP Fiscal year GDP (Bil.$) Department of the Treasury, OMB and BEA as published in "Economic Report of the President". The 1976-77 transition quarter value is $643.6 billion The 1976-77 transition quarter value is $495.5 billion Data for 2009 through 2019 are estimates. CBO's Gross Federal Debt projections are based on CBO's baseline budget projections and not on CBO's estimates of the President's Budget. © Haver Analytics Vol 1: FIN - 185 11/30/10 OUTLAYS OF THE U.S. GOVERNMENT Millions of dollars, October 1986-present Monthly Fiscal-year-to-date PDIP Source: PDIPY Interest on the public debt Department of the Treasury. Financial Management Service. "Monthly Treasury Statement of Receipts and Outlays of the United States Government." Table 5 Potential GDP Billions of dollars Series are estimated through 2020 Quarterly Annual (491-) (49-) GDPPOTQ GDPPOTHQ --- GDPPOT GDPPOTH LFPOT LXPOT NAIRUQ NAIRU Overall economy Potential gross domestic product 1 Real potential GDP (Bil.Chn.2005$) Potential labor force (Mil.Persons) Potential labor force productivity (Ratio) 2 Nonaccelerating inflation rate of unemployment 3 ----- GDPPNFH LXPHNF LXKSNF TFPPNF --- TFPPXNF TFPAJNF ----- TFPCANF (DISC) TFPPANF TFPSANF LXPNF Nonfarm business sector Potential GDP (Bil.Chn.2005$) Potential hours worked (Bil. Hours) Index of capital services (1996=100) Potential total factor productivity (1996=100) Excl adjustments (1996=100) Total factor productivity adjustments (1992=100) Computer quality adjustment(1992=100) Price measurement adjustment(1992=100) Temporarily faster growth (1992=100) Potential labor productivity (ratio) 4 Source: Congressional Budget Office (CBO). 1 Annual potential GDP (GDPPOT) is calculate by Haver Analytics by aggregating the quarterly potential GDP (GDPPOTQ) to an annual series. 2 Ratio of potential GDP to the potential labor force. 3 This is the benchmark for computing potential GDP. 4 Ratio of potential GDP to potential hours worked. © Haver Analytics Vol 1: FIN - 186 11/30/10 FEDERAL BUDGET PROJECTIONS Note: Office of Management and Budget projections assume the adoption of the President's budget. 1.1 Summary of Receipts, Outlays and Surpluses or Deficits (-) Millions of dollars Fiscal years 1976 Transition Quarter FOMB FOMBR FOMBE Federal surplus/deficit (-) Receipts Outlays -14,744 81,232 95,975 FOMBN FOMBNR FOMBNE On-budget surplus/deficit (-) On-budget receipts On-budget outlays -13,339 63,216 76,555 FOMBF FOMBFR FOMBFE (37-) (37-) (37-) Off-budget surplus/deficit (-) Off-budget receipts Off-budget outlays FOMBSS (37-) (37-) Social security trust fund surplus/deficit (-) Old Age and Survivors Insurance (OASI) trust fund surplus/deficit (-) Disability insurance trust fund surplus/deficit (-) FOMBSOA FOMBSDI (57-) FOMBR FOMBTRI FOMBTRC FOMBTRS FOMBTRSB FOMBTRSF FOMBRSE FOMBRSU FOMBRSO FOMBTRE FOMBRG FOMBRU FOMBRM © Haver Analytics -1,405 18,016 19,421 Net receipts by source Individual income taxes Corporation income taxes Social insurance taxes and contributions On-budget Off-budget Employment taxes and contributions Unemployment insurance Other retirement contributions Excise taxes Other taxes: Estate and gift taxes Customs, duties and fees Miscellaneous Vol 1: FIN - 187 11/30/10 FEDERAL BUDGET PROJECTIONS (continued) 1.1 Summary of Receipts, Outlays and Surpluses or Deficits (-) FOMBGRSE FOMBGRSU FOMBGRSO FOMBGRE FOMBGRG FOMBGRU FOMBGRM Total Gross Receipts 1 Individual income taxes Corporation income taxes Social insurance taxes and contributions: Employment taxes and contributions Unemployment insurance Other retirement contributions Excise taxes Estate and gift taxes Customs, duties and fees Miscellaneous FOMBE FOMBOD FOMBOI FOMBOG FOMBOE FOMBON FOMBOA FOMBOC FOMBOT FOMBOR FOMBOED FOMBOH FOMBOM FOMBOIS FOMBOSS FOMBOV FOMBOJ FOMBOGG FOMBOIN FOMBOU Net outlays 2 National defense International affairs General science, space and technology Energy Natural resources and environment Agriculture Commerce and housing credit Transportation Community and regional development Education, training, employment and social services Health Medicare Income security Social security Veterans benefits and services Administration of justice General government Interest Undistributed offsetting receipts FOMBGR FOMBGRI FOMBGRC 1 Receipts before deductions for refunds. 2 The components of Federal Outlay will not add up to the total because revised figures for the total federal outlays are available but revised figures for the components are not. © Haver Analytics Vol 1: FIN - 188 11/30/10 FEDERAL BUDGET PROJECTIONS (continued) 1.2 Receipts, Outlays and Surpluses or Deficits (-) as Percentages of GDP Percent, fiscal years PFOMB PFOMBR PFOMBE Federal surplus/deficit (-) Receipts Outlays -3.2 17.9 21.1 PFOMBN PFOMBNR PFOMBNE On-budget surplus/deficit (-) On-budget receipts On-budget outlays -2.9 13.9 16.8 Off-budget surplus/deficit (-) Off-budget receipts Off-budget outlays -0.3 4.0 4.3 PFOMBF PFOMBFR PFOMBFE (37-) (37-) (37-) NSAGDPFY 1.3 Fiscal Year GDP (Bil.$) Receipts, Outlays and Surplus or Deficit (-) Billions of constant (FY2005) dollars Fiscal years FOMBC FOMBRC FOMBEC Federal surplus/deficit (-) Receipts Outlays 1.4 Receipts, Outlays and Surpluses or Deficits (-) by Fund Group Millions of dollars Fiscal years 1976 Transition Quarter -36.1 198.8 234.9 1976 Transition Quarter -14,744 -12,794 -1,950 FOMB FOMBD FOMBT (1901-) Federal surplus/deficit (-) Federal funds Trust funds FOMBR FOMBRD FOMBRT FOMBRI (1901-) Receipts Federal funds Trust funds Interfund transactions 81,232 54,085 31,625 -4,478 FOMBE FOMBED FOMBET FOMBEI (1901-) Outlays Federal funds Trust funds Interfund transactions 95,975 66,878 33,575 -4,478 Source: Office of Management and Budget. Government. Historical Tables. © Haver Analytics Vol 1: FIN - 189 Budget of the U.S. 11/30/10 FEDERAL BUDGET PROJECTIONS (continued) Current Services Estimates Billions of dollars, Fiscal years Note: The OMB current services baseline is designed to show what receipts, outlays, deficits, and budget authority would be if no changes are made to laws already enacted. Variable FCSE FCSEN FCSEF FCSER FCSEE FCSEED FCSEEDM FCSEEDH FCSEEDO FCSEEM FCSEMSS FCSEMME FCSEMMD FCSEMOT FCSEEI (95-) Federal budget deficit (-) (95-) On-budget deficit (-) (95-) Off-budget deficit (-) (95-) Receipts (62-) Outlays (62-) Discretionary (104-) Department of Defense (104-) Homeland Security (104-) Other discretionary (62-) Mandatory (62-) Social security (62-) Medicare (62-) Medicaid (62-) Other mandatory (62-) Net interest Source: Office of Management and Budget. "Analytical Perspectives". - Military Budget of the U.S. Government. CBO Baseline Projections 1 Revenues, Outlays and Surpluses or Deficits(-) Billions of dollars, Fiscal years 2 Variable FJBUD PFJBUD FJBUDN FJBUDF FJBUDR FJBUDRN FJBUDRF FJBUDE FJBUDEN FJBUDEF (56-) (62-) (62-) (62-) (62-) (62-) (62-) (62-) (62-) (62-) Federal deficit (-) as a percent of GDP On-budget (-) Off-budget (-) Revenues On-budget Off-budget Outlays On-budget Off-budget NSAGDPFY (30-) Source: Congressional Budget Office. Fiscal Year GDP (Bil.$) "The Economic and Budget Outlook." 1 CBO projections are based on estimates of what the budget would be under current policies. "Baseline" projections assume no changes are made to laws already enacted. 2 Data through 2008 are actual values. © Haver Analytics Vol 1: FIN - 190 11/30/10 FEDERAL BUDGET PROJECTIONS (continued) CBO Estimates of the President’s Budget Billions of dollars, Fiscal years Variable FJEPB PFJEPB FJEPBN FJEPBF FJEPBR FJEPBRN FJEPBRF FJEPBE FJEPBEN FJEPBEF Federal budget surplus(+)/deficit(-) as a percent of GDP On-budget Off-budget Revenues On-budget Off-budget Outlays On-budget Off-budget Standardized Federal Budget Balance (Structural) Fiscal year Variable FJBUD FJADJC PFJBUDC FJADJO FJBUDS (56-) (60-) (62-) (60-) (60-) Billions of dollars Federal budget surplus/deficit - Cyclical contribution 1 = Cyclically adjusted federal budget surplus/deficit + Other adjustments 2 = Standardized budget surplus/deficit(structural) PFJBUD PFJADJC FJBUDC PFJADJO PFJBUDS (62-) (60-) (62-) (60-) (60-) As a percent of potential GDP Federal budget surplus/deficit - Cyclical contribution 1 = Cyclically adjusted federal budget surplus/deficit + Other adjustments 2 = Standardized budget surplus/deficit(structural) Source: Congressional Budget Office. Economic Budget Outlook. 1 The cyclical contribution is negative when economic conditions are temporarily increasing the total budget deficit or reducing the total budget surplus. 2 Consists of deposit insurance, receipts from auctions of licenses to use portions of the electromagnetic spectrum, timing adjustments, asset sales, adjustments for certain changes in the amount of taxes overwithheld, adjustments for temporary tax changes, the inflation component of federal interest payments, tax receipts from capital gains, and contributions from allied nations for Operation Desert Storm (which were received in 1991 and 1992). © Haver Analytics Vol 1: FIN - 191 11/30/10 FEDERAL BUDGET PROJECTIONS (continued) Economic Assumptions for Budget Projection from 2010 Through 2020 1 Annual Variable Year over year percentage change Nominal GDP (2003-2019) Current, CBO GDPCBO GDPCBP (2003-2019) Previous, CBO GDPOMB (2003-2013) Administration: 2011 Budget GDPBLU (2005-2010) Blue Chip Consensus 1 Real GDP based on chained (2005) dollars GDPHCBO (2003-2019) Current, CBO GDPHCBP (2003-2019) Previous, CBO GDPHOMB (2003-2019) Administration: 2011 Budget GDPHBLU (2005-2019) Blue Chip Consensus 1 Chain-type GDP price index JGDPCBO (2003-2019) Current, CBO JGDPCBP (2003-2019) Previous, CBO JGDPOMB (2003-2019) Administration: 2011 Budget JGDPBLU (2005-2010) Blue Chip Consensus 1 Consumer price index for all urban consumers CPICBO (2003-2019) Current, CBO CPICBP (2003-2019) Previous, CBO CPIOMB (2003-2019) Administration: 2011 Budget CPIBLU (2005-2010) Blue Chip Consensus 1 LRCBO LRCBP LROMB LRBLU FT3CBO FT3CBP FT3OMB FT3BLU FT1CBO FT1CBP FT1OMB FT1BLU Sources: 1 Calendar year average (Percent) Unemployment rate (2003-2019) Current, CBO (2003-2019) Previous, CBO (2003-2019) Administration: 2011 Budget (2005-2010) Blue Chip Consensus 1 Three-month Treasury bill rate (2003-2019) Current, CBO (2003-2019) Previous, CBO (2003-2019) Administration: 2011 Budget (2005-2010) Blue Chip Consensus 1 Ten-year Treasury note rate (2003-2019) Current, CBO (2003-2019) Previous, CBO (2003-2019) Administration: 2011 Budget (2005-2010) Blue Chip Consensus 1 Congressional Budget Office. "The Budget and Economic Outlook." Office of Management and Budget. "Budget of the U.S. Government." Data through 2008 are actual data. CBO data are updated twice a year; first with the Economic Outlook in January and then with the Economic Outlook Update in Sept. Administration data from OMB are updated twice a year; first with the Budget in January and then with the Mid-Session Review in July or August. The Blue Chip Consensus is the average of about 50 private forecasts. Data for 2005 and 2006 are from the January 2005 Blue Chip Consensus forecast published by Aspen Publishers. Data for 2007 through 2010 are Blue Chip October 2004 long-run extension. © Haver Analytics Vol 1: FIN - 192 11/30/10 Operations of the Combined OASI and DI Trust Funds (Social Security Trust Funds) Billions of U.S. Dollars Historical InterData mediate Assumptions Low Cost 1 High Cost (1957-2008) (2009-2018) (2009-2018) SDIAC SDIACI SDIACL SDIACH SDIIT SDIIC SDIIX SDIIN SDICT SDICB SDICA SDICR SDIITI SDIICI SDIIXI SDIINI SDICTI SDICBI SDICAI SDICRI SDIITL SDIICL SDIIXL SDIINL SDICTL SDICBL SDICAL SDICRL SDIITH SDIICH SDIIXH SDIINH SDICTH SDICBH SDICAH SDICRH Net increase in assets during the year 2 Total income 3 Net contributions 4 Taxation of benefits Net interest 5 Total cost Benefit payments 6 Administrative costs RRB interchange SDIA SDIAI SDIAL SDIAH Assets at end of year SDIR SDIRI SDIRL SDIRH Trust fund ratio (assets as % of cost) 7 1 2 3 4 5 6 7 (2009-2018) OASI: Old Age and Survivors Insurance; DI: Disability Insurance Reflects offset for repayment from the OASI Trust Fund of amounts borrowed from the HI Trust Fund in 1982. The amount repaid in 1985 was $1.8 billion; in 1986, the amount was $10.6 billion. Total Income includes transfers made between the OASI Trust Fund and the General Fund of the Treasury that are not included in the separate components of income shown. These transfers consist of payments for (1) the cost of noncontributory wage credits for military service before 1957, and (2) the cost of benefits to certain uninsured persons who attained age 72 before 1968. In February 2002, $414 million was transferred from the General Fund of the Treasury to the OASI Trust Fund for the cost of pre-1957 military service wage credits. Such transfers are estimated to be less than $500,000 in each year of the projection period. Beginning in 1983, includes transfers from the General Fund of the Treasury representing contributions that would have been paid on deemed wage credits for military service in 1957 through 2001, if such credits were considered to be covered wages. Net interest includes net profits or losses on marketable investments. Beginning in 1967, administrative expenses are charged to the trust funds on an estimated basis, with a final adjustment, including interest, made in the following fiscal year. The amounts of these interest adjustments are included in net interest. For years prior to 1967, a description of the method of accounting for administrative expenses is contained in the 1970 Annual Report. Beginning in October 1973, the figures shown include relatively small amounts of gifts to the funds. Net interest for 1983-86 reflects payments from a borrowing trust fund to a lending trust fund for interest on amounts owed under the interfund borrowing provisions. During 1983-90, interest paid from the trust funds to the general fund on advance tax transfers is reflected. The amount shown for 1985 includes an interest adjustment of $102.8 million on unnegotiated checks issued before April 1985. Beginning in 1966, includes payments for vocational rehabilitation services furnished to disabled persons receiving benefits because of their disabilities. Beginning in 1983, amounts are reduced by amount of reimbursement for unnegotiated benefit checks. The trust fund ratio represents assets at the beginning of the year (which are identical to assets at the end of the prior year) as a percentage of total cost for the year. For example, the trust fund ratio for 2004 is the ratio of assets at the end of 2003 to the total cost for 2004. For years 1984-90, assets at the beginning of a year include January advance tax transfers. © Haver Analytics Vol 1: FIN - 193 11/30/10 Effective Federal Tax Rates and Share All Households 2 Variable 1 Annual, 1979-present FERQ FERQ1 FERQ2 FERQ3 FERQ4 FERQ5 FERT10 FERT5 FERT1 Total Effective Federal Tax Rate All quintiles 3 Lowest quintile Second quintile Middle quintile Fourth quintile Highest quintile Top 10 percent Top 5 percent Top 1 percent FIERQ FIERQ1 FIERQ2 FIERQ3 FIERQ4 FIERQ5 FIERT10 FIERT5 FIERT1 Effective Individual Income Tax Rate All quintiles 3 Lowest quintile Second quintile Middle quintile Fourth quintile Highest quintile Top 10 percent Top 5 percent Top 1 percent FCERQ FCERQ1 FCERQ2 FCERQ3 FCERQ4 FCERQ5 FCERT10 FCERT5 FCERT1 Effective Corporate Income Tax Rate All quintiles 3 Lowest quintile Second quintile Middle quintile Fourth quintile Highest quintile Top 10 percent Top 5 percent Top 1 percent FPERQ FPERQ1 FPERQ2 FPERQ3 FPERQ4 FPERQ5 FPERT10 FPERT5 FPERT1 Effective Social Insurance (Payroll) Tax Rate All quintiles 3 Lowest quintile Second quintile Middle quintile Fourth quintile Highest quintile Top 10 percent Top 5 percent Top 1 percent Source: Congressional Budget Office. Please see footnotes on page 115. © Haver Analytics Vol 1: FIN - 194 11/30/10 Effective Federal Tax Rates and Share All Households 2 Variable 1 Annual, 1979-present FEERQ FEERQ1 FEERQ2 FEERQ3 FEERQ4 FEERQ5 FEERT10 FEERT5 FEERT1 Effective Excise Tax Rate All quintiles 3 Lowest quintile Second quintile Middle quintile Fourth quintile Highest quintile Top 10 percent Top 5 percent Top 1 percent FERSQ1 FERSQ2 FERSQ3 FERSQ4 FERSQ5 FERST10 FERST5 FERST1 Share of Total Federal Tax Liabilities All quintiles 3 Lowest quintile Second quintile Middle quintile Fourth quintile Highest quintile Top 10 percent Top 5 percent Top 1 percent FIERSQ1 FIERSQ2 FIERSQ3 FIERSQ4 FIERSQ5 FIERST10 FIERST5 FIERST1 Share of Individual Income Tax Liabilities All quintiles 3 Lowest quintile Second quintile Middle quintile Fourth quintile Highest quintile Top 10 percent Top 5 percent Top 1 percent FCERSQ1 FCERSQ2 FCERSQ3 FCERSQ4 FCERSQ5 FCERST10 FCERST5 FCERST1 Share of Corporate Income Tax Liabilities All quintiles 3 Lowest quintile Second quintile Middle quintile Fourth quintile Highest quintile Top 10 percent Top 5 percent Top 1 percent Source: Congressional Budget Office. Please see footnotes on page 115. © Haver Analytics Vol 1: FIN - 195 11/30/10 Effective Federal Tax Rates and Share All Households 2 1 Annual, 1979-present Variable FPERSQ1 FPERSQ2 FPERSQ3 FPERSQ4 FPERSQ5 FPERST10 FPERST5 FPERST1 Share of Social Insurance (Payroll) Tax Liabilities All quintiles 3 Lowest quintile Second quintile Middle quintile Fourth quintile Highest quintile Top 10 percent Top 5 percent Top 1 percent FEERSQ1 FEERSQ2 FEERSQ3 FEERSQ4 FEERSQ5 FEERST10 FEERST5 FEERST1 Share of Federal Excise Tax Liabilities All quintiles 3 Lowest quintile Second quintile Middle quintile Fourth quintile Highest quintile Top 10 percent Top 5 percent Top 1 percent Source: Congressional Budget Office. Please see footnotes on page 115. © Haver Analytics Vol 1: FIN - 196 11/30/10 Effective Federal Tax Rates and Share All Households 1 Effective tax rates are calculated by dividing taxes paid by or imputed to households by their comprehensive household income. Federal taxes include individual income, corporate income, payroll and excise taxes. Individual income taxes are generally distributed directly to households paying those taxes. Social insurance, or payroll, taxes are distributed to households paying those taxes directly or paying them indirectly through their employers. Corporate income taxes are distributed to households according to their share of capital income. Federal excise taxes are distributed to them according to their consumption of the taxed good or service. The income measure, comprehensive household income, comprises pretax cash income plus income from other sources. Pretax cash income is the sum of wages, salaries, self-employment income, rents, taxable and nontaxable interest, dividends, realized capital gains, cash transfer payments, and retirement benefits plus taxes paid by businesses & employee contributions to 401(k) retirement plans. Other sources of income include all in-kind benefits (Medicare, Medicaid, employer-paid health insurance premiums, food stamps, school lunches/breakfasts, and housing & energy assistance). 2 3 A household consists of the people who share a housing unit, regardless of their relationships. Quintiles--or fifths of the distribution--are created by dividing the entire population into five parts, each containing the same number of people. NOTE: A person's effective tax rate is his or her average rate – --total taxes paid divided by total income. That rate generally differs from the marginal tax rate, which is the tax paid on the last, or marginal, dollar of income. When people decide how much of a taxed activity they will engage in, such as how many hours they will work, they are reacting to marginal rates, not average rates. © Haver Analytics Vol 1: FIN - 197 11/30/10 © Haver Analytics Vol 1: FIN - 198 11/30/10 GROSS DOMESTIC PRODUCT Seasonally adjusted at annual rates Billions of dollars, Quarterly, 1947-present For annual data please append A to the codename. Current Dollars Chained (2005)$ GDP C CTG CD CDV CDFD CDRG CDO CN CNFO GDPH CH CTGH CDH CDVH CDFDH CDRGH CDOH CNH CNFOH CNL CNE CNOO CS HHCS CSRU CSD CST CSRE CSFC CSN CSO NPCF CNLH CNEH CNOOH CSH HHCSH CSRUH CSDH CSTH CSREH CSFCH CSNH CSOH NPCFH NPC NPYGS NPCH NPYGSH I F FN FNS FNE FNEN FNENP FNENS FNENO FNEI FNET FNEO FR V VF VN IH FH FNH FNSH FNEH FNENH FNENPH FNENSH FNENOH FNEIH FNETH FNEOH FRH VH VFH VNH Gross domestic product Personal consumption expenditures Goods Durable goods Motor vehicles and parts Furnishings and durable household equipment Recreational goods and vehicles Other Nondurable goods Food and beverages purchased for off-premises consumption Clothing and shoes Gasoline, fuel oil and other energy goods Other Services Household consumption expenditures Housing and utilities Health care Transportation Recreation Food services and accommodations Financial services and insurance Other Final consumption expenditures of nonprofit institutions serving households Gross output of nonprofit institutions Less: Receipts from sales of goods and services by nonprofit institutions Gross private domestic investment Fixed investment Nonresidential Structures Equipment and software Information processing eqpt & software Computers and peripheral equipment Software Other Industrial equipment Transportation and related equipment Other Residential Change in private inventories Farm Nonfarm Source: Department of Commerce. © Haver Analytics Bureau of Economic Analysis. GDP Press Release. Table 3. Vol 1: NA - 1 10/29/10 GROSS DOMESTIC PRODUCT Seasonally adjusted at annual rates Billions of dollars, Quarterly, 1947-present For annual data please append A to the codename. Current Dollars Chained (2005)$ XNET X XM XS M MM MS G XNETH XH XMH XSH MH MMH MSH GH GF GFD GFDE GFDI GFN GFNE GFNI GS GSE GSI GFH GFDH GFDEH GFDIH GFNH GFNEH GFNIH GSH GSEH GSIH RESPR2 Net exports of goods and services Exports Goods Services Imports Goods Services Government consumption expenditures and gross investment Federal National defense Consumption expenditures Gross investment Nondefense Consumption expenditures Gross investment State and local Consumption expenditures Gross investment Residual FS GDB FSD FSDP GDP XF MF GNP NDP FSH GDBH FSDH FSDPH GDPH XFH MFH GNPH NDPH Addenda: Final sales of domestic product 1 Gross domestic purchases 2 Final sales to domestic purchasers 3 Final sales to private domestic purchasers 4 Gross domestic product Plus: Income receipts from the rest of the world Less: Income payments to the rest of the world Equals: Gross national product Net domestic product 1 2 3 4 Final sales of domestic product is GDP less change in private inventories. Gross domestic purchases is GDP less "exports of goods and services" plus "imports of goods and services". Final sales to domestic purchasers is gross domestic purchases less change in private inventories. Final sales to private domestic purchasers in billions of dollars (FSDP) is calculated by Haver Analytics as the sum of consumption (CX@USNA) and fixed investment (FX@USNA). CX and FX are million dollar series updated in the USNA database about 30 minutes after the press release consumption (C) and fixed investment (F) series are updated in the USECON database. Final sales to private domestic purchasers in billions of chained 2005 dollars (FSDPH) is calculated by Haver Analytics as the sum of chained consumption (CZ@USNA) and chained fixed investment (FZ@USNA) using Fisher growth rates. © Haver Analytics Vol 1: NA - 2 10/29/10 Historical GDP and GNP Variable GDP2 GDPH2 Gross domestic product (Mil.$) 1901-1950 1 Real gross domestic product (Mil.1996$) 1901-1950 GNP2 GNPH2 Gross national product (SAAR, Bil.$) Q1 1921 - Q4 1949 2 Real gross national product (SAAR, Bil.1939$) Q1 1921-Q4 1939 1 3 1 Data from 1901-1950 for gross domestic product (GDP2) and real gross domestic product (GDPH2) are from Table Ca9-19 of the Historical Statistics of the United States Vol 3 Economic and Structure Performance. 2 Data for gross national product (GNP2) from 1921 to 1938 are from Barger and Klein using data developed by Barger in "Outlay and Income in the United States, 1921-1938" (New York, NBER, 1942), Seasonally Adjusted by IBM. Data for gross national product (GNP2) from 1939 to 1949 are from "Supplement to the Survey of Current Business, 1954, National Income, Office of Business Economics." 3 Data for real gross national product (GNPH2) are from Barger and Klein using data developed by Barger in "Outlay and Income in the United States, 1921-1938" (New York, NBER, 1942), Seasonally Adjusted by Office of Business Economics. © Haver Analytics Vol 1: NA - 3 10/29/10 GROSS DOMESTIC PRODUCT Quarterly SAAR PERCENT CHANGE FROM PREVIOUS QUARTER Quarterly, Q2 1947-present Annual PGDPH PCH PCTGH PCDH PCNH PCSH PIH PFH PFNH PFNSH PFNEH PFRH PXH PXMH PXSH PMH PMMH PMSH PGH PAGDPH PACH PACTGH PACDH PACNH PACSH PAIH PAFH PAFNH PAFNSH PAFNEH PAFRH PAXH PAXMH PAXSH PAMH PAMMH PAMSH PAGH PGFH PGFDH PGFNH PGSH PAGFH PAGFDH PAGFNH PAGSH PFSH PGDBH PFSDH PGNPH PYPDH PAFSH PAGDBH PAFSDH PAGNPH PAYPDH PGDP PFS PGDB PFSD PGNP PYPD PAGDP PAFS PAGDB PAFSD PAGNP PAYPD Real gross domestic product Personal consumption expenditures Goods Durable goods Nondurable goods Services Gross private domestic investment Fixed investment Nonresidential Structures Equipment and software Residential Exports Goods Services Imports Goods Services Government consumption expenditures and gross investment Federal National defense Nondefense State and local Addenda: Final sales of domestic product 1 Gross domestic purchases 2 Final sales to domestic purchasers Gross national product Disposable personal income Current dollar measures: GDP 4 Final sales of domestic product 1 Gross domestic purchases 2 Final sales to domestic purchasers Gross national product 4 Disposable personal income 4 3 3 Source: Department of Commerce. Bureau of Economic Analysis. GDP Press Release. Table 1. 1 2 3 4 Final sales of domestic product is GDP less change in private inventories. alculated by Haver Analytics prior to Q1 2004. Gross domestic purchases is GDP less "exports of goods and services" plus "imports of goods and services". Calculated by Haver Analytics prior to Q1 2004. Final sales to domestic purchasers is gross domestic purchases less change in private inventories. Calculated by Haver Analytics prior to Q1 2004. Calculated by Haver Analytics prior to Q1 2004. © Haver Analytics Vol 1: NA - 4 10/29/10 Quarterly SAAR PGDPH CONTRIBUTIONS TO PERCENT CHANGE IN REAL GDP Quarterly, Q2 1947-present Annual PAGDPH PTCH PTCTGH PTCDH PTCDVH PTCDFDH PTCDRGH PTCDOH PTCNH PTCNFOH PATCH PATCTGH PATCDH PATCDVH PATCDFDH PATCDRGH PATCDOH PATCNH PATCNFOH PTCNLH PTCNEH PTCNOOH PTCSH PTHHCSH PTCSRUH PTCSDH PTCSTH PTCSREH PTCSFCH PTCSNH PTCSOH PTNPCFH PATCNLH PATCNEH PATCNOOH PATCSH PATHHCSH PATCSRUH PATCSDH PATCSTH PATCSREH PATCSFCH PATCSNH PATCSOH PATNPCFH PTNPCH PTNPGSH PATNPCH PATNPGSH PTIH PTFH PTFNH PTFNSH PTFNEH PTFNENH PATIH PATFH PATFNH PATFNSH PATFNEH PATFNENH PTFNEPH PTFNESH PTFNEXH PTFNEIH PTFNETH PTFNEOH PTFRH PTVH PTVFH PTVNH PATFNEPH PATFNESH PATFNEXH PATFNEIH PATFNETH PATFNEOH PATFRH PATVH PATVFH PATVNH © Haver Analytics Real gross domestic product Percentage points at annual rates: Personal consumption expenditures Goods Durable goods Motor vehicles and parts Furnishings & durable household eqpt Recreational goods and vehicles Other Nondurable goods Food and beverages purchased for off-premises consumption Clothing and footwear Gasoline, fuel oil & oth energy goods Other Services Household consumption expenditures Housing and utilities Health care Transportation Recreation Food services and accommodations Financial services and insurance Other Final consumption expenditures of nonprofit institutions serving households Gross output of nonprofit institutions Less: Receipts from sales of goods and services by nonprofit inst Gross private domestic investment Fixed investment Nonresidential Structures Equipment and software Information processing equipment and software Computers and peripheral equipment Software Other Industrial equipment Transportation equipment Other equipment Residential Change in private inventories Farm Nonfarm Vol 1: NA - 5 10/29/10 CONTRIBUTIONS TO PERCENT CHANGE IN REAL GDP Quarterly, Q2 1947-present Annual Quarterly SAAR Percentage points at annual rates: PTXNETH PTXH PTXMH PTXSH PTMH PTMMH PTMSH PTGH PATXNETH PATXH PATXMH PATXSH PATMH PATMMH PATMSH PATGH PTGFH PTGFDH PTGFDEH PTGFDIH PTGFNH PTGFNEH PTGFNIH PTGSH PTGSEH PTGSIH PATGFH PATGFDH PATGFDEH PATGFDIH PATGFNH PATGFNEH PATGFNIH PATGSH PATGSEH PATGSIH PTFGDH PTFSVH PTFSTH PTAMVH PTACPH PATFGDH PATFSVH PATFSTH PATAMVH PATACPH Source: Net exports of goods and services Exports Goods Services Imports Goods Services Government consumption expenditures and gross investment Federal National defense Consumption expenditures Gross investment Nondefense Consumption expenditures Gross investment State and local Consumption expenditures Gross investment Addenda: Goods Services Structures Motor vehicle output Final sales of computers Department of Commerce. Bureau of Economic Analysis. GDP Press Release. Table 2. © Haver Analytics Vol 1: NA - 6 10/29/10 Quantity Index GDPQ CQ CTGQ CDQ CNQ CSQ IQ FQ FNQ FNSQ FNEQ FRQ XQ MQ GQ GFQ GSQ FSQ GDBQ FSDQ GNPQ CHAIN-TYPE QUANTITY and PRICE INDEXES for GDP Seasonally adjusted, 2005=100 Quarterly, 1947-present Annual quantity index: append the letter A Annual price index: insert the letter A after the J Price Index JGDP Gross domestic product JC Personal consumption expenditures JCTG Goods JCD Durable goods JCN Nondurable goods JCS Services JI Gross private domestic investment JF Private fixed investment JFN Nonresidential JFNS Structures JFNE Equipment and software JFR Residential JX Exports of goods and services JM Imports of goods and services JG Government consumption expenditures and gross investment JGF Federal JGS State and local Addenda: JCXFE PCE less food and energy 1 JCXEG PCE less energy goods & services 2 JCMT Market-based PCE 3 JCMXFE Market-based PCE excl food and energy JFS Final sales of domestic product 3 JGDB Gross domestic purchases 4 JFSD Final sales to domestic purchasers 5 JGNP Gross national product 3 Source: Department of Commerce. Bureau of Economic Analysis. GDP Press Release. Tables 5 & 6. 1 Food excludes purchased meals and beverages, which are classified in food services. 2 Monthly and quarterly chained price indexes for PCE less energy goods and services are calculated by Haver Analytics using the Fisher formula which is the geometric mean of the Laspeyres and Paasche price indexes. Please note that the quarterly averages of the calculated monthly chained price indexes will not match precisely the calculated quarterly chained price indexes because they are chained separately. 3 Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, the services furnished without payment by financial intermediaries) and the expenses of nonprofit institutions. 4 Gross domestic purchases is GDP less "exports of goods and services" plus "imports of goods and services". 5 Final sales to domestic purchasers is gross domestic purchases less change in private inventories. © Haver Analytics Vol 1: NA - 7 10/29/10 CHAIN-TYPE PRICE INDEXES FOR GDP Percent Change From Preceding Period SAAR, Quarterly, Q2 1947-present Variable PJGDP PJC PJCTG PJCD PJCN PJCS PJI PJF PJFN PJFNS PJFNE PJFR PJX PJXM PJXS PJM PJMM PJMS PJG PJGF PJGFD PJGFN PJGS Gross domestic product Personal consumption expenditures Goods Durable goods Nondurable goods Services Gross private domestic investment Fixed investment Nonresidential Structures Equipment and software Residential Exports of goods and services Goods Services Imports of goods and services Goods Services Government consumption expenditures\ and gross investment Federal National defense Nondefense State and local PJFS PJGDB PJFSD PJGNP Addenda: Chained Final Gross Final Gross Implicit Gross Gross Gross PDGDP PDGDB PDGNP Source: price indexes: sales of domestic product 1 domestic purchases 2 sales to domestic purchasers national product deflators: domestic product domestic purchases national product 3 2 Department of Commerce. Bureau of Economic Analysis. GDP Press Release. Table 4. 1 Final sales of domestic product is GDP less change in private inventories. 2 Gross domestic purchases is GDP less "exports of goods and services" plus "imports of goods and services". 3 Final sales to domestic purchasers is gross domestic purchases less change in private inventories. © Haver Analytics Vol 1: NA - 8 10/29/10 IMPLICIT GDP DEFLATORS Variable DGDP DFS DGDB DFSD DGNP Quarterly, SA (2005=100) Gross domestic product Final sales of domestic product 2 Gross domestic purchases 3 Final sales to domestic purchasers Gross national product DAGDP DAFS DAGDB DAFSD DAGNP Annual (2005=100) Gross domestic product Final sales of domestic product 5 Gross domestic purchases 6 Final sales to domestic purchasers Gross national product PDGDP PDGDB PDGNP Quarterly percent change, SA Gross domestic product 8 Gross domestic purchases 3 Gross national product 8 4 7 Source: Department of Commerce. Bureau of Economic Analysis. GDP Press Release. Tables 4 & 6. 2 Final sales of domestic product is GDP less change in private inventories. Calculated by Haver Analytics prior to Q1 2004. 3 Gross domestic purchases is GDP less "exports of goods and services" plus "imports of goods and services". Calculated by Haver Analytics prior to Q1 2004. 4 Final sales to domestic purchasers is gross domestic purchases less change in private inventories. Calculated by Haver Analytics prior to Q1 2004. 5 Final sales of domestic product is GDP less change in private inventories. 6 Gross domestic purchases is GDP less "exports of goods and services" plus "imports of goods and services". 7 Final sales to domestic purchasers is gross domestic purchases less change 8 Calculated by Haver Analytics prior to Q1 2004. © Haver Analytics Vol 1: NA - 9 10/29/10 RELATION OF GDP, GNP, AND NATIONAL INCOME Seasonally adjusted at annual rates Billions of dollars, quarterly, 1947-present For annual data please append A to the codename. Variable GDP Gross domestic product XF MF Plus: Less: GNP Equals: NCP STAT Less: Less: Y Equals: YCOMP YLWS YLSU YOP Compensation of employees, paid 1 Wage and salary accruals Supplements to wages and salaries Proprietors' income with inventory valuation and capital consumption adjustments Rental income of persons with capital consumption adjustments Corporate profits with inventory valuation and capital consumption adjustments Net interest and miscellaneous payments 2 Taxes on production and imports less subsidies Business current transfer payments Current surplus of government enterprises YRI YCP YNI YTPIXS NBTRN GSUR (591-) 1 Gross national product Consumption of fixed capital Statistical discrepancy National income Addendum: Gross domestic income (GDP less statistical discrepancy) NNDY Source: Income receipts from the rest of the world Income payments to the rest of the world Department of Commerce. Bureau of Economic Analysis. GDP Press Release. Table 9. Compensation of employees paid (YCOMP) is compensation paid to employees in the U.S. by both U.S. domestic & foreign employers (compensation received from the rest of the world or ROW). It includes wages & salaries plus supplements; wages & salaries are measured on an accrual basis, that is, when the employers record the payment in their accounts. It excludes compensation paid to employees resident abroad (compensation paid to ROW). Compensation of employees received (YCOMPR) is compensation received by employees in the U.S. from both U.S. domestic and foreign employers (compensation received from the ROW). It includes wages and salaries plus supplements; wages and salaries are counted when they are disbursed, i.e., when employees receive them; supplements are the same as in YCOMP. It also excludes compensation paid to employees resident abroad. 2 Net interest and miscellaneous payment(YNI)is updated by BEA together with corporate profits within the Preliminary and Final release of GDP (2nd and 3rd release). Haver Analytics calculates YNI for the most recent quarter when Advance GDP is released (1 st release) using the formula YNI=YPIN-GNETI-YPOI. GNETI and YPOI are USNA codes for net interest paid by government and interest paid by persons. © Haver Analytics Vol 1: NA - 10 10/29/10 REAL GDP AND RELATED AGGREGATES AND PRICE INDEXES PERCENT CHANGE FROM PRECEDING PERIOD Quarterly SAAR PGDPH PGOODSH PSERVH PSTRUCTH PAMVH PGDPXMVH PACPH PGDPXCPH PGDPBFH PGDPBNXH PNNDYH Annual (472-) (472-) (472-) (472-) (672-) (672-) (782-) (782-) (472-) (472-) (472-) GDP and related aggregates (chained 2005$): Real gross domestic product Goods Services Structures Motor vehicle output GDP excl motor vehicle output Final sales of computers 1 GDP excl final sales of computers Farm gross value added 2 Nonfarm business gross value added 3 Gross domestic income 6 ------------ PJGDP PJGDPXF PJGPXCP (472-) (852-) (782-) PAJGDP PAJGDPXF PAJGPXCP (30-) (86-) (79-) PJGDB PJGDBXF (472-) (822-) PAJGDB PAJGDBXF (30-) (83-) PJGDBXP (782-) PAJGDBXP (79-) PJC PJCXF (472-) (592-) PAJC PAJCXF (30-) (30-) PJCMT PJCMXFE (1004-) (1004-) PAJCMT PAJCMXFE (101-) (101-) Source: Department of Commerce. Appendix Table A. Chain-type price indexes: Gross domestic product Gross domestic product excl food and energy Gross domestic product excl final sales of computers Gross domestic purchases Gross domestic purchases excl food and energy Gross domestic purchases excl final sales of computers Personal consumption expenditures Personal consumption expenditures excl food and energy 4 Market based PCE 5 Market based PCE excl food and energy 5 Bureau of Economic Analysis. 1 For some components of final sales of computers, includes computer parts. 2 Farm output less intermediate goods and services purchased. 3 Consists of GDP less gross value added of farm, of households and institutions, and of general government. 4 Data prior to 1990 were calculated by Haver Analytics using the percent change at an annual rate of series JCXFE@USNA(NIPA Table 2.3.4,Line 23). 5 This index is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, the services furnished without payment by financial intermediaries) and the expenses of nonprofit institutions. 6 Gross domestic income deflated by the implicit price deflator for gross domestic product. © Haver Analytics Vol 1: NA - 11 10/29/10 CORPORATE PROFITS Billions of dollars, Seasonally adjusted at annual rates Quarterly, 1947-present For annual data please append A to the codename. Variable YCP Corporate profits with inventory valuation (IVA) and capital consumption adjustments (CCAdj) 1 YCTL YCATJ YCAD YCAUJ Less: Taxes on corporate income Equals: Profits after tax with IVA and CCAdj Net dividends Undistributed profits with IVA and CCAdj YCNCF YCAUJ NCPPCP YCIV YCNCF Cash flow: Net cash flow with IVA and CCAdj 4 Undistributed profits with IVA and CCAdj Consumption of fixed capital Less: Inventory valuation adjustment 2 Equals: Net cash flow YCBT YCAT YCIV YCCJ Addenda: Profits before tax without IVA and CCAdj Profits after tax without IVA and CCAdj Inventory valuation adjustment (IVA) 2 Capital consumption adjustment (CCAdj) 3 Source: Department of Commerce. Bureau of Economic Analysis. GDP Press Release. Table 11. 1 Corporate profits with inventory valuation and capital consumption adjustments are also called corporate profits from current production . The current-production measure of profits differs from profits as they are usually reported in corporate financial statements. It excludes non-operating items, such as special charges and capital gains and losses, and is based on depreciation of fixed assets and inventory withdrawals valued at current cost, rather than at historical cost. 2 Inventory valuation adjustment converts inventory withdrawals from historical cost to replacement cost, which is the measure used in the national income and product accounts. 3 Capital consumption adjustment converts depreciation from historical cost to replacement cost which is the measure used in the national income and product accounts. 4 Also called current-production cash flow or the internal funds available to corporations for investment. © Haver Analytics Vol 1: NA - 12 10/29/10 CORPORATE PROFITS BY INDUSTRY (NAICS) Seasonally adjusted at annual rates Billions of dollars Quarterly Annual YCP YCPA (29-) YCPDA YCPDFA YCPDFNA YCPDNA YCPDNNA YCPRA YCPRRA YCPRPA (29-) (29-) (98-) (29-) (98-) (48-) (48-) (48-) YCVA (29-) YCVDA YCVDFA YCVDFFA YCVDFOA YCVDNA YCVDUA YCVDMA YCVDMDA YCVDG2A YCVDG3A YCVDG4A YCVDG5A (48-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (471-) YCPD YCPDF -YCPDN -YCPR YCPRR YCPRP YCV (471-) (471-) (471-) (481-) (591-) (591-) (471-) YCVD YCVDF YCVDFF YCVDFO YCVDN YCVDU YCVDM YCVDMD YCVDG2 YCVDG3 YCVDG4 YCVDG5 (1011-) (1011-) (1011-) (1011-) (1011-) (1011-) (1011-) (1011-) (1011-) (1011-) (1011-) (1011-) YCVDG6M (1011-) YCVDG6MA (98-) YCVDDO YCVDMN YCVDE1 (1011-) (1011-) (1011-) YCVDDOA YCVDMNA YCVDE1A (98-) (98-) (98-) YCVDF4 YCVDF5 YCVDNO YCVDW YCVDR YCVDTT YCVDI YCVDO YCVR (1011-) (1011-) (1011-) (1011-) (1011-) (1011-) (1011-) (1011-) (1011-) YCVDF4A YCVDF5A YCVDNOA YCVDWA YCVDRA YCVDTTA YCVDIA YCVDOA YCVRA (98-) (98-) (98-) (98-) (48-) (98-) (98-) (98-) (48-) Source: Corporate profits before tax with inventory valuation and capital consumption adjustments Domestic industries Financial (NAICS Annual, 2001-present) 1 Financial (NAICS Annual, 1998-present) 1 Nonfinancial(NAICS Annual,2001-present) 2 Nonfinancial(NAICS Annual,1998-present) 2 Rest of the world Receipts from the rest of the world Less: Payments to the rest of the world Corporate profits before tax with inventory valuation adjustment Domestic industries Financial Federal Reserve banks Other Nonfinancial Utilities Manufacturing Durable goods Fabricated metal products Machinery Computer and electronic products Electrical equipment, appliances, and components Motor vehicles, bodies and trailers, and parts Other durable goods 3 Nondurable goods Food and beverage and tobacco products Petroleum and coal products Chemical products Other nondurable goods Wholesale trade Retail trade Transportation and warehousing Information Other nonfinancial 4 Rest of the world Department of Commerce. Bureau of Economic Analysis. GDP Press Release. Table 12. Please see footnotes on the next page. © Haver Analytics Vol 1: NA - 13 10/29/10 1 Quarterly data for financial corporate profits, as reported in the GDP Press Release, are based on NAICS starting in 2001 and based on SIC prior to 2001. However, the corresponding annual data are based on NAICS starting in 1998, thereby creating inconsistent annual figures from 1998 to 2000. To remove this inconsistency, Haver Analytics carries the NAICS annual data starting in 2001 and SIC prior to 2001 in the variable YCPDFA. Another variable, YCPDFNA, contains NAICS annual data starting in 1998, as reported in the GDP Press Release. 2 Quarterly data for nonfinancial corporate profits, as reported in the GDP Press Release, are based on NAICS starting in 2001 and based on SIC prior to 2001. However, the corresponding annual data are based on NAICS starting in 1998, thereby creating inconsistent annual figures from 1998 to 2000. To remove this inconsistency, Haver Analytics carries the NAICS annual data starting in 2001 and SIC prior to 2001 in the variable YCPDNA. Another variable, YCPDNNA, contains NAICS annual data starting in 1998, as reported in the GDP Press Release. 3 4 ‘Other nondurable goods’ consists of textile mills and textile product mills, apparel, leather and allied products, paper products, printing and related support activities, and plastics and rubber products. ‘Other nonfinancial’ consists of agriculture, forestry, fishing, and hunting; mining; construction; real estate and rental and leasing; professional, scientific, and technical services; administrative and waste management services; educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services, except government. © Haver Analytics Vol 1: NA - 14 10/29/10 GROSS VALUE ADDED OF NONFINANCIAL CORPORATE BUSINESS Billions of dollars Quarterly, 1947-present Variable BNGDP BNALO BNNDP Gross value added of nonfinancial corporate business Consumption of fixed capital Net value added BNCOMP BNWS BNSU BNYTPIX BNYOS BNNI BNBTRN BNCP Compensation of employees Wage and salary accruals Supplements to wages and salaries Taxes on production and imports less subsidies Net operating surplus Net interest and miscellaneous payments Business current transfer payments Corporate profits with inventory valuation(IVA) and capital consumption adjustments(CCAdj) Taxes on corporate income Profits after tax with IVA and CCAdj Net dividends Undistributed profits with IVA and CCAdj Addenda: Profits before tax without IVA and CCAdj Profits after tax without IVA and CCAdj Inventory valuation adjustment Capital consumption adjustment BNCPTL BNCPATJ BNCPAD BNCPAUJ BNCPBT BNCPAT YCIV BNCPJ Billions of chained (2005) dollars Quarterly, 1947-present BNGDPH BNALOH BNNDPH Source: Gross value added of nonfinancial corporate business Consumption of fixed capital 2 Net product 3 1 Department of Commerce. Bureau of Economic Analysis. GDP Press Release. Table 13. Please see footnotes on the next page. © Haver Analytics Vol 1: NA - 15 10/29/10 PRICE, COSTS, AND PROFIT PER UNIT OF REAL GROSS VALUE ADDED OF NONFINANCIAL CORPORATE BUSINESS Dollars, Quarterly, 1947-present Variable CDCGDP Price per unit of real gross value added of nonfinancial corporate business 4 CDCBLE Compensation of employees (unit labor cost) CDCBNLE CDCBAL CDCBTX Unit nonlabor cost Consumption of fixed capital Taxes on production and imports less subsidies plus business current transfer payments Net interest and miscellaneous payments CDCBNNI CDCBCP Corporate profits with inventory valuation and capital consumption adjustments Taxes on corporate income Profits after tax with inventory valuation and capital consumption adjustments CDCBPTL CDCBPAT Source: Department of Commerce. Bureau of Economic Analysis. GDP Press Release. Table 13. 1 Effective December 10, 2003, the price index used to estimate gross value added of nonfinancial corporate business has been revised to reflect the 2000 reference year. Effective with the estimates scheduled for release in July 2004, the current-dollar value added will be deflated by a revised chain-type price index calculated using gross value added price indexes for each nonfinancial industry. 2 Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product of the chain-type quantity index and the 2000 current-dollar value of the corresponding series, divided by 100. 3 Chained-dollar net value added of nonfinancial corporate business is the difference between the gross value added and the consumption of fixed capital. 4 The deflator for gross value added of nonfinancial corporate business divided by 100. © Haver Analytics Vol 1: NA - 16 10/29/10 PERSONAL INCOME AND ITS DISPOSITION Seasonally adjusted annual rates Billions of dollars, quarterly, 1947-present For annual data please append A to the codename Current Dollars YP YCOMPR YPW YLSU YOP Personal income Compensation of employees, received Wage and salary disbursements Supplements to wages and salaries Proprietors' income with inventory valuation and capital consumption adjustments Farm Nonfarm Rental income of persons with capital consumption adjustments Personal income receipts on assets Personal dividend income Personal interest income Personal current transfer receipts Less: Contributions for government social insurance YOPF YOPN YRI YPIAR YPDV YPIN YPTP GRCSI Disposition of personal income: Personal income Less: Personal current taxes Equals: Disposable personal income Less: Personal outlays Equals: Personal saving Personal saving as a percentage of disposable personal income YP YPTX YPD YPO YPSV YPSVR YPXTPH YPDH (471-) Source: 1 Addendum: Real personal income excluding current transfer receipts, (billions of chained 2005 dollars) 1 Real disposable personal income (billions of chained 2005 dollars) 1 Department of Commerce. Bureau of Economic Analysis. GDP Press Release. Table 10. Equals disposable personal income deflated by the implicit price deflator for personal consumption expenditure. © Haver Analytics Vol 1: NA - 17 10/29/10 PERSONAL INCOME Seasonally adjusted annual rates Billions of dollars Monthly, 1959-present Current Dollars YPM Personal income YCOMPRM YPWM YPWVM YPWPM YPWFM YPWSM YPWSTM YPWSOM YPWGM YLSUM YLSUPIM (10101-) (10101-) (10101-) (10101-) (10101-) YLSUSM (10012-) (10012-) YOPM Compensation of employees, received Wage and salary disbursements Private industries Goods-producing industries Manufacturing Services-providing industries Trade, transportation, and utilities Other services-providing industries Government Supplements to wages and salaries Employer contributions for employee pension and insurance funds Employer contributions for government social insurance Proprietors' income with inventory valuation IVA) and capital consumption adjustments (CCAdj) Farm Nonfarm YOPFM YOPNM YRIM Rental income of persons with capital consumption adjustment (CCAdj) YPIARM YPINM YPDVM Personal income receipts on assets Personal interest income Personal dividend income YPTPM GTPFM YPTHM Personal current transfer receipts Government social benefits to persons Old-age, survivors, disability and health insurance benefits Government unemployment insurance benefits Other Other current transfer receipts, from business (net) (10012-) YPTUM (10012-) YPTOGM (10012-) NBTRNPM GRCSDM Source: Less: Contributions for government social insurance Department of Commerce. Bureau of Economic Analysis. Personal Income and Outlays. Table 1. © Haver Analytics Vol 1: NA - 18 10/29/10 PERSONAL INCOME (continued) DISPOSITION OF PERSONAL INCOME Seasonally adjusted annual rates Billions of dollars, monthly, 1959-present Chain Current Chained Price 2005 $ Index Dollars YPM --Personal income YPTXM --Less: Personal current taxes YPDM YPDHM 1 -Equals: Disposable personal income YPOM --Less: Personal outlays Personal consumption expenditures CBM CBHM (5901-) JCBM CTGBM CTGBHM JCTGBM Goods CDBM CDBHM (5901-) JCDBM Durable goods CNBM CNBHM (5901-) JCNBM Nondurable goods Services CSBM CSBHM (5901-) JCSBM Addenda: --JCXFEBM PCE less food and energy --JCXEGM PCE less energy goods and services 5 --JCMTM (9701-) Market based PCE 2 --JCMXFEM(9701-) Market based PCE ex food & energy 2 YPOIM --Personal interest payments 3 YPOTM --Personal current transfer payments YPOGM (10012-)--to government YPOFM (10012-)--to the rest of the world (net) YPSVM --Equals: Personal saving YPSVRM --Personal saving as a percentage of disposable personal income Current Chained Dollars 2005 $ Addenda: Disposable personal income YPDPM YPDPHM Per capita Thousands POPTHM Source: 1 2 3 4 5 Population (mid-month: thousands) 4 Department of Commerce. Bureau of Economic Analysis. Personal Income and Outlays. Table 1, 7 & 9. Equals disposable personal income deflated by the implicit price deflator for personal consumption expenditure. This index is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, the services furnished without payment by financial intermediaries) and the expenses of nonprofit institutions. Consists of nonmortgage interest paid by households. Population is the total population of the United States including the Armed Forces overseas and the institutionalized population. The monthly estimate is the average estimates for the first of the month and the first of the following month; the annual and quarterly estimates are averages of the monthly estimates. Monthly and quarterly chained price indexes for PCE less energy goods and services are calculated by Haver Analytics using the Fisher formula which is the geometric mean of the Laspeyres and Paasche price indexes. Please note that the quarterly averages of the calculated monthly chained price indexes will not match precisely the calculated quarterly chained price indexes because they are chained separately. © Haver Analytics Vol 1: NA - 19 10/29/10 Chain-Type Price Indexes for Personal Consumption Expenditures 2005=100 Monthly SA Quarterly SA Annual JCBM JCTGBM JCDBM JCNBM JCSBM JC JCTG JCD JCN JCS JAC JACTG JACD JACN JACS JCEBM JCXFEBM JCXEGM JCXFE JCXEG JACXFE JCMTM JCMXFEM JCMT JCMXFE JACMT JACMXFE PCE1 PCE6 PCE12 Personal consumption expenditures (PCE) Goods Durable goods Nondurable goods Services Addenda: Energy goods and services PCE less food & energy (core PCE) PCE less energy goods & services 1 Market-based PCE 2 PCE except food & energy (core market-based PCE) FRB Dallas Trimmed-Mean PCE Inflation Rate 3 1-month PCE inflation, annual rate 6-month PCE inflation, annual rate 12-month PCE inflation, annual rate 1 Monthly and quarterly chained price indexes for PCE less energy goods and services are calculated by Haver Analytics using the Fisher formula which is the geometric mean of the Laspeyres and Paasche price indexes. Please note that the quarterly averages of the calculated monthly chained price indexes will not match precisely the calculated quarterly chained price indexes because they are chained separately. 2 Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, the services furnished without payment by financial intermediaries) and the expenses of nonprofit institutions. 3 Publication of data for the Dallas Fed trimmed mean PCE inflation rates has been postponed by the Dallas Fed to August 28 due to a comprehensive revision to personal consumption expenditure data by the BEA. © Haver Analytics Vol 1: NA - 20 10/29/10 Potential GDP Billions of dollars Series are estimated through 2020 Quarterly Annual (491-) (49-) GDPPOTQ GDPPOTHQ --- GDPPOT GDPPOTH LFPOT LXPOT NAIRUQ NAIRU ----- GDPPNFH LXPHNF LXKSNF TFPPNF --- TFPPXNF TFPAJNF ----- TFPCANF TFPPANF TFPSANF LXPNF Overall economy Potential gross domestic product Real potential GDP (Chained 2005$) Potential labor force (Mil.Persons) Potential labor force productivity (Ratio) 1 Nonaccelerating inflation rate of unemployment 2 Nonfarm business sector Potential GDP (Bil.Chn.2005$) Potential hours worked (Bil. Hours) Index of capital services (1997=100) Potential total factor productivity (1996=100) Excl adjustments (1996=100) Total factor productivity adjustments (1992=100) Computer quality adjustment(1992=100) Price measurement adjustment(1992=100) Temporarily faster growth (1992=100) Potential labor productivity (ratio) 3 Source: Congressional Budget Office (CBO). 1 Ratio of potential GDP to the potential labor force. 2 This is the benchmark for computing potential GDP. 3 Ratio of potential GDP to potential hours worked. © Haver Analytics Vol 1: NA - 21 10/29/10 Monthly GDP Variable 1 MGDP MGDPN Macroeconomic Advisers Monthly GDP Real GDP (SAAR, Bil.Chn.2005$) Nominal GDP (SAAR, Bil.Dollars) SWMGDP SWMGDPN Stock & Watson Monthly Gross Domestic Product Real (SAAR, Bil.Chn.2005$) Nominal (SAAR, Bil.Dollars) SWMGDI SWMGDIN Stock & Watson Monthly Gross Domestic Income Real (SAAR, Bil.Chn.2005$) Nominal (SAAR, Bil.Dollars) 1 Macroeconomic Advisers' index of monthly GDP (MGDP) is a monthly indicator of real aggregate output that is conceptually consistent with real GDP in the National Income and Product Accounts. The consistency is derived from two sources. First, MGDP is calculated using much of the same monthly source data that is used in the calculation of real GDP. Second, the method of aggregation used to arrive at MGDP is similar to that for real GDP. As a result, quarterly growth of MGDP closely corresponds to growth of real GDP. This correspondence is much tighter than that of industrial production or the index of coincident economic indicators from the Conference Board. MGDP begins in August 1992 and is updated each month following the release of the FT-900 trade report and the Manufacturing & Trade Inventories & Sales (MTIS) report. A brief technical note on the construction of the monthly GDP index can be found in the Public Reading Room of the Macroeconomics Advisers'web site: www.macroadvisers.com. © Haver Analytics Vol 1: NA - 22 10/29/10 NET STOCK OF FIXED ASSETS AND CONSUMER DURABLES Yearend estimates Chained Quantity Index (2005=100) Current cost (Bil.$) Real Cost (Bil Chn.2005$) (87-) (87-) (90-) E EQ EH ETO EP EPN EPNE EPNS EPR EG EGN EGNE EGNS EGR ED (25-) ETOQ EPQ EPNQ EPNEQ EPNSQ EPRQ EGQ EGNQ EGNEQ EGNSQ EGRQ EDQ (25-) ETOH EPH EPNH EPNEH EPNSH EPRH EGH EGNH EGNEH EGNSH EGRH EDH ETO ETN ETNE ETNS ETR EG EGF EGL ETOQ ETNQ ETNEQ ETNSQ ETRQ EGQ EGFQ EGLQ ETOH ETNH ETNEH ETNSH ETRH EGH EGFH EGLH Source: Net stock of fixed assets and consumer durables Total fixed assets Private Nonresidential Equipment and software Structures Residential Government Nonresidential Equipment and software Structures Residential Consumer durable goods Addenda: Private and government fixed assets Nonresidential Equipment and software Structures Residential Government fixed assets Federal State & local Department of Commerce. © Haver Analytics Bureau of Economic Analysis. Vol 1: NA - 23 10/29/10 © Haver Analytics Vol 1: NA - 24 10/29/10 CONSUMER PRICE INDEXES SA PCU PCUP PCUY CPIUSF --- (4701-) (4702-) (2101-) (4701-) -1 All Urban Consumers 1982-84=100, monthly 1967-present unless otherwise noted NSA PCUN (2101-) All items PCUY All items (m/m % change, 1 decimal) All items (y/y % change, 1 decimal) -Seasonal factors CPIUANN (13-) All items, annual, 1913-present PCUX1N All items, rental equivalence approach (Dec 1982=97.6) PCUN67 (2101-) All items (1967=100) CPI Research Series CPI-U-RS (12/77=100) PCURS PCULFER (7712-) (7712-) PCURSN PCULFERN (7712-) (7712-) PCU77 PCUSX77 (4701-) (5701-) PCU77N PCUSX77N (2101-) (5701-) USH PUSH (9712-) (9801-) --PCUFB PCUFO PCUFH PCUFC PCUFM PCUFD PCUFF PCUFONB PCUFHO PCUFOS PCUFOF PCUFOO -PCUFA PCUFAO PCUAB 1 2 3 4 (4701-) (5201-) (8901-) (8901-) (4701-) (4701-) (8901-) (8901-) (8101-) (5301-) (9801-) PCUFBN PCUFON PCUFHN PCUFCN PCUFMN PCUFDN PCUFFN PCUFONBN PCUFHON PCUFOSN PCUFOFN PCUFOON PCUFOMN PCUFAN PCUFAON PCUABN (2101-) (4701-) (3501-) (3501-) (3501-) (4701-) (3501-) (6312-) (9712-) (5301-) (9712-) (5212-) All items All items excl food and energy CPI-U (12/77=100)2 All items All items less food and energy Harmonized CPI (12/77=100)3 All items Percent change By Expenditure Category FOOD AND BEVERAGES Food FOOD AT HOME Cereals and bakery products Meats, poultry, fish and eggs Dairy and related products Fruits and vegetables Nonalcoholic beverages and beverage materials Other food at home Sugar and sweets Fats and oils Other foods 4 Other misc foods (12/97=100) FOOD AWAY FROM HOME 4 Other food away from home(12/97=100) Alcoholic beverages 4 The CPI-U-RS incorporates changes in methodology implemented by BLS from 1978 through 2002 and may be used to analyze inflationary trends in the CPI without interference from changes in methodology. New values based on current methods are released each April. Values for the current year are rebased and appended to the historical data by Haver Analytics. In order to eliminate the bias due to the introduction of the rental equivalence measurement of housing prices in 1983, the CPI-U-RS should be compared to the CPI-U-X1 (PCUX1N: all items, rental equivalence approach). BLS reports data through December 2006 for the CPI-U-RS. Data from January 2007 to present are calculated by Haver Analytics based on the period to period percentage change of the CPI-U. CPI-U rebased by Haver Analytics from 1982-84=100 to December 1977=100 for the purpose of comparison with CPI-U-RS which has a base year of December 1977=100. The US Harmonized Index of Consumer Prices (HICP) is an experimental Consumer Price Index that follows the methods of the European Union Harmonized Index of Consumer Prices. This experimental index was constructed so that the US CPI could becompared to the HICP of Europe. Please see footnote 4 on page 4. © Haver Analytics Vol 1: PRI - 1 12/30/09 CONSUMER PRICE INDEXES, All Urban Consumers SA PCUH PCUHS PCUHSRR PCUHSRO PCUHSHO NSA (5301-) (8101-) (9712-) (8301-) -PCUHF PCUHFF PCUHFO PCUHFG PCUHFS (continued) (5301-) (4701-) (4701-) (9712-) PCUHH -- PCUHN PCUHSN PCUHSRRN PCUHSRON PCUHSHON (5212-) (2105-) (9712-) (8212-) PCUHSHIN (9712-) PCUHFN PCUHFFN PCUHFON PCUHFGN PCUHFSN (5212-) (3503-) (3503-) (9712-) PCUHHN PCUHON (9712-) HOUSING Shelter Rent of primary residence Lodging away from home (12/97=100) Owners' equivalent rent of primary residence (12/82=100) Tenants' and household insurance (12/97=100) Fuels and utilities Household energy Fuel oil and other fuels Gas (piped) and electricity Water, sewer & Trash collection (12/97=100) Household furnishings & operation Household operations (12/97=100) PCUA (4701-) PCUAN (2105-) PCUACM PCUACW PCUACI PCUACF (4701-) (4701-) (8901-) (4701-) PCUACMN PCUACWN PCUACIN PCUACFN (4701-) (4701-) (4709-) (4701-) PCUT (4701-) PCUTN (3503-) PCUTP PCUTV (4701-) (9301-) PCUTPN PCUTVN (3503-) (9301-) Private transportation New and used motor vehicles PCUTPV PCUTPU PCUTPM PCUTPMG PCUTPOC PCUTPR (5301-) (5301-) PCUTPVN PCUTPUN PCUTPMN PCUTPMGN PCUTPOCN PCUTPRN (4703-) (5212-) (3503-) (3503-) (7712-) (4703-) PCUTU (8901-) PCUTUN (3503-) New vehicles Used cars and trucks 4 Motor fuel Gasoline (all types) Motor vehicle parts & eqpt Motor vehicle maintenance and repair Public transportation PCUM (4701-) PCUMN (3503-) PCUMC PCUMS PCUMSP PCUMSH (5601-) (8001-) (7801-) PCUMCN PCUMSN PCUMSPN PCUMSHN (4703-) (3503-) (9101-) APPAREL Men's and boys' apparel Women's and girls' apparel Infants' and toddlers' apparel Footwear TRANSPORTATION (12/97=100) (7712-) 4 MEDICAL CARE Medical care commodities Medical care services Professional services Hospital and related services Please see footnote 4 on page 4. © Haver Analytics Vol 1: PRI - 2 12/30/09 CONSUMER PRICE INDEXES, All Urban Consumers (continued) SA NSA PCUE PCUEV (9301-) (9401-) PCUEN PCUEVN (9301-)RECREATION (12/97=100) (9301-) Video and audio (12/97=100) PCUOEC (9301-) PCUOECN (9301-) PCUOE PCUOES PCUOEP (9301-) PCUOEN PCUOESN PCUOEPN (9301-) PCUOC -- (9801-) PCUOCN PCUIN (9301-) (9301-) --- PCUITN PCUIXN (9712-) (8812-) -- PCUICN (9712-) PCUON PCUOTN PCUOPN PCUOPAN PCUOPSN PCUOPON (4701-) (4701-) (4703-) (5212-) (7712-) PCUO PCUOT PCUOP --PCUOPO (7801-) (8601-) (9901-) (9001-) (7712-) EDUCATION AND COMMUNICATION (12/97=100) Education (12/97=100) Educational books and supplies Tuition, other school fees and child care Communication (12/97=100) Information and information processing (12/97=100) Telephone services (12/97=100) Information technology, hardware and services (12/88=100) Personal computers and peripheral eqpt (12/07=100) OTHER GOODS AND SERVICES Tobacco and smoking products 4 Personal care Personal care products Personal care services Miscellaneous personal services COMMODITY AND SERVICE GROUPS PCU (4701-) PCUN (2101-) All items PCUCC PCUFB PCUCCL PCUCCLA (5601-) (3503-) (8901-) PCUCCN PCUFBN PCUCCLN PCUCCLAN PCUCLS (9101-) PCUCLSN PCUCCD (5601-) PCUCCDN (3503-) Commodities Food and beverages Commodities less food & beverages Nondurables less food and beverages Nondurables less food, beverages and apparel Durables PCUCS PCUCSR PCUCST PCUCSO (5601-) (9001-) (5601-) PCUCSN PCUCSRN PCUCSTN PCUCSON (3503-) (8212-) (3503-) Services Rent of shelter (12/82=100) Transportation services Other services Please see footnote 4 on page 4. © Haver Analytics Vol 1: PRI - 3 12/30/09 CONSUMER PRICE INDEXES, All Urban Consumers SA NSA PCUSLF PCUSLS PCUSLM PCUFDEG PCUSE PCUSC PCUNLF PCUSA PCUSND PCUSS PCUSMC PCUSLE PCUSLFE (4701-) (4701-) (5701-) (8112-) (5701-) (5601-) (8901-) (9101-) (5601-) (8501-) (8301-) (5701-) (5701-) PCUSLFN PCUSLSN PCUSLMN PCUFDEGN PCUSEN PCUSCN PCUNLFN PCUSAN PCUSNDN PCUSSN PCUSMCN PCUSLEN PCUSLFEN (3503-) (3503-) (5701-) (8112-) (5701-) (3503-) (3503-) (3503-) (3503-) (8212-) (5703-) (5701-) (5701-) PCUSCFE PCUSEC PCUSSLE PCULFET (5701-) (5701-) PCUSCFEN PCUSECN PCUSSLEN PCULFETN (5701-) (5701-) (5701-) (8112-) (8112-) PCULHO PCULHON PCLFEHT PCLFEHTN PCULFEH PCULFEHN --- CPIUN82 CPIUN67 Source: 1 4 (4601-) (4601-) (continued) Special indexes All items less food All items less shelter All items less medical care Food and energy (calculated by Haver) Energy Commodities less food Nondurables less food Nondurables less food and apparel Nondurables Services less rent of shelter(12/82=100) Services less medical care services All items less energy All items less food and energy Commodities less food and energy commodities Energy commodities Services less energy services All items less food, energy and tobacco 1 Calculated by Haver Analytics: CPI less homeowners' rent (1983-84=100) [3] Core CPI less homeowners' rent & tobacco (1983-84=100) [4] Core CPI less homeowners' equivalent rent (1983-84=100) [4] Purchasing power of the consumer $: 1982-84 = $1.00 1967 = $1.00 Department of Labor. Bureau of Labor Statistics. "Consumer Price Index." As suggested by BLS, "all items less food, energy and tobacco" was calculated using relative importance weights for CPI excluding food and energy (core CPI) and for tobacco products as follows: December 1982 for 1982, December 1986 for 1983-1986, December 1997 for 1987-1997, December 1999 for 1998-2000, December 2000 for 2001, and December 2001 for 2002. The change in core CPI and the change in core CPI excluding tobacco products may not behave as expected because tobacco has a small weight in the overall CPI (relative importance of 0.928) and also because core CPI excluding tobacco is calculated by Haver Analytics using published indexes carried to one decimal place (for example, 101.6 could be 101.55 or 101.64). Each year the BLS investigates the seasonal characteristics of each series over the last five years. If seasonality is not found in a series that had been reported seasonally adjusted, unadjusted data values are assigned to the last five years but seasonally adjusted values for earlier years are retained. Currently, this series exhibits no seasonality so data values for the latest five years will match those of its not seasonally adjusted counterpart. Earlier history will not match the unadjusted series since seasonally adjusted values have been retained for those years. © Haver Analytics Vol 1: PRI - 4 12/30/09 CONSUMER PRICE INDEXES, All Urban Consumers (continued) CPI-U: SELECTED AREAS; ALL ITEMS INDEX Not seasonally adjusted 1982-84=100, 1946-present Variable PCUNEN PCUNCN PCUSUN PCUWUN Census regions: (6612-) (6612-) (6612-) (6612-) Monthly pricing schedule Northeast urban Midwest urban South urban West urban Selected local areas: PCUCHIN PCULAN PCUNYN Chicago-Gary-Kenosha, IL-IN-WI Los Angeles-Riverside-Orange County, CA NY-Northern NJ-Long Island, NY-NJ-CT-PA Local areas: PCUATLN PCUBOSN PCUCLEN PCUDALN PCUDETN PCUHOUN (4701-) PCUMIAN PCUPHIN (7711-) (6311-) PCUSFRN PCUSTWN PCUWASN Note: Monthly pricing (4701-) (9611-) Bimonthly pricing: monthly series are straight-line interpolations Atlanta, GA Boston-Brockton-Nashua, MA-NH Cleveland-Akron, OH Dallas-Fort Worth, TX Detroit-Ann Arbor-Flint, MI Houston-Galveston-Brazoria, TX Miami-Fort Lauderdale, FL Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD San Francisco-Oakland-San Jose, CA Seattle-Tacoma-Bremerton, WA Washington-Baltimore, DC-MD-VA-WV (11/96=100) Additional CPI series covering areas sampled semi-annually and further detail on Census Regions as published in the monthly "CPI Detailed Report" are available in the CPIDATA database (listed in Haver Analytics Volume VII). © Haver Analytics Vol 1: PRI - 5 12/30/09 CONSUMER PRICE INDEXES Urban Wage Earners and Clerical Workers Monthly, 1982-84=100 1967-present unless otherwise noted SA NSA PCW (4701-) PCWN CPIWSF (4701-) -- -PCWP CPIWANN (4702-) -- (2101-) Seasonal factors (1913-) -PCWN67 All items Annual series One-month percent change (2101-) Previous base: 1967=100 By Expenditure Category PCWFB PCWFO PCWFH PCWFC PCWFM PCWFD PCWFF PCWFONB PCWFBN (4701-) (5201-) (8901-) (8901-) (4701-) (4701-) PCWFON PCWFHN PCWFCN PCWFMN PCWFDN PCWFFN PCWFONBN FOOD AND BEVERAGES (2101-) (4701-) (3501-) (3501-) (3501-) (4701-) PCWFHO PCWFOS PCWFOF PCWFOO -- (8901-) (8901-) (8101-) PCWFHON PCWFOSN PCWFOFN PCWFOON PCWFOMN PCWFA PCWFAO (5301-) (9801-) PCWFAN PCWFAON (5301-) (9712-) PCWABN (5212-) PCWHN PCWHSN PCWHSRRN PCWHSRON PCWHSHON (5212-) (2105-) (9712-) (8412-) PCWHSHIN (9712-) PCWAB PCWH PCWHS PCWHSRR PCWHSRO PCWHSHO (5301-) (8101-) (9712-) (8501-) -- (3501-) (6312-) (9712-) Please see footnote 3 on page 4. © Haver Analytics Food FOOD AT HOME Cereals and bakery products Meats, poultry, fish and eggs Dairy and related products Fruits and vegetables Nonalcoholic beverages and beverage materials Other food at home Sugar and sweets Fats and oils Other foods 3 Other misc foods (12/97=100) FOOD AWAY FROM HOME 3 Other food away from home Alcoholic beverages 3 (12/97=100) HOUSING Shelter Rent of primary residence Lodging away from home (12/97=100) Owners' equivalent rent of primary residence (12/84=100) Tenants' and household insurance (12/97=100) Vol 1: PRI - 6 12/30/09 CPI, Urban Wage Earners and Clerical Workers SA (continued) NSA HOUSING, continued PCWHF (5301-) PCWHFN (5212-) PCWHFF PCWHFO PCWHFG PCWHFS (4701-) (4701-) (9712-) PCWHFFN PCWHFON PCWHFGN PCWHFSN (3503-) (3503-) (9712-) PCWHHN PCWHON (9712-) PCWHH Fuel and utilities Household energy Fuel oil and other fuels Gas (piped) and electricity Water, sewer &trash collection (12/97=100) Household furnishings & operation Household operations (12/97=100) PCWA (4701-) PCWAN (2105-) PCWACM PCWACW PCWACI PCWACF (4701-) (4701-) (8901-) (4701-) PCWACMN PCWACWN PCWACIN PCWACFN (4701-) (4701-) (4709-) (4701-) PCWT (4701-) PCWTN (3503-) PCWTP PCWTV (4701-) (9301-) PCWTPN PCWTVN (3503-) (9301-) PCWTPV PCWTPU PCWTPM PCWTPMG PCWTPOC PCWTPR (5301-) (5301-) PCWTPVN PCWTPUN PCWTPMN PCWTPMGN PCWTPOCN PCWTPRN (4703-) (5212-) (3503-) (3503-) (7712-) (4703-) PCWTU (8901-) PCWTUN (3503-) PCWM (4701-) PCWMN (3503-) PCWMCN (4703-) Medical care commodities Medical care services (9101-) PCWMC APPAREL Men's and boys' apparel Women's and girls' apparel Infants' and toddlers' apparel Footwear TRANSPORTATION Private Transportation New and used motor vehicles (12/97=100) PCWMS (5601-) PCWMSN (3503-) PCWMSP PCWMSH (8001-) (7801-) PCWMSPN PCWMSHN (7712-) New vehicles Used cars and trucks 3 Motor fuel Gasoline (all types) Motor vehicle parts & equipment Motor vehicle maintenance and repair 3 Public Transportation MEDICAL CARE Professional services Hospital and related services Please see footnote 3 on page 4. © Haver Analytics Vol 1: PRI - 7 12/30/09 CPI, Urban Wage Earners and Clerical Workers SA (continued) NSA PCWE PCWEV (9301-) (9401-) PCWEN PCWEVN (9301-) (9301-) RECREATION (12/97=100) Video and audio (12/97=100) PCWOEC (9301-) PCWOECN (9301-) EDUCATION AND COMMUNICATION PCWOE PCWOES PCWOEP (9301-) PCWOEN PCWOESN PCWOEPN (9301-) PCWOC -- (9801-) PCWOCN PCWIN (9301-) (9301-) --- PCWITN PCWIXN (9712-) (8812-) -- PCWICN (9712-) PCWON PCWOTN PCWOPN PCWOPAN PCWOPSN PCWOPON (4701-) (4701-) (4703-) (5212-) (7712-) PCWO PCWOT PCWOP --PCWOPO (7801-) (8601-) (9901-) (9001-) (12/97=100) (7712-) Education (12/97=100) Educational books and supplies Tuition, other school fees and childcare Communication (12/97=100) Information and information processing (12/97=100) Telephone services (12/97=100) Information, technology, hardware and services (12/88=100) Personal computers and peripheral eqpt (12/97=100) OTHER GOODS AND SERVICES Tobacco and smoking products 3 Personal care Personal care products Personal care services Miscellaneous personal services COMMODITY AND SERVICE GROUPS PCW PCWP (4701-) (4702-) PCWN -- (2101-) PCWCC PCWFB PCWCCL PCWCCLA (5601-) (3503-) (8901-) PCWCCN PCWFBN PCWCCLN PCWCCLAN PCWCLS PCWCCD (9101-) (5601-) PCWCLSN PCWCCDN PCWCS PCWCSR PCWCST PCWCSO (5601-) (9001-) (5601-) PCWCSN PCWCSRN PCWCSTN PCWCSON (3503-) (3503-) (8412-) (3503-) All items All items (% change) Commodities Food and beverages Commodities less food & beverages Nondurables less food and beverages Nondurables less food, beverages and apparel Durables Services Rent of shelter (12/84=100) Transportation services Other services Please see footnote 3 on page 4. © Haver Analytics Vol 1: PRI - 8 12/30/09 CPI, Urban Wage Earners and Clerical Workers SA (continued) NSA Special indexes PCWSLF PCWSLS PCWSLM (4701-) (4701-) (5701-) PCWSLFN PCWSLSN PCWSLMN (3503-) (3503-) (5701-) All items less food All items less shelter All items less medical care PCWSC PCWNLF PCWSA PCWSND (5601-) (8901-) (9101-) (5601-) PCWSCN PCWNLFN PCWSAN PCWSNDN (3503-) (3503-) (3503-) (3503-) Commodities less food Nondurables less food Nondurables less food and apparel Nondurables PCWSS (8501-) PCWSSN (8412-) Services less rent of shelter PCWSMC PCWSE (8301-) (5701-) PCWSMCN PCWSEN (5703-) (5701-) Services less medical care services Energy PCWSLE PCWSLFE PCWSCFE (5701-) (5701-) (5701-) PCWSLEN PCWSLFEN PCWSCFEN (5701-) (5701-) (5701-) PCWSEC PCWSSLE (5701-) (6701-) PCWSECN PCWSSLEN (5701-) (5701-) All items less energy All items less food and energy Commodities less food and energy commodities Energy commodities Services less energy services (12/84=100) Purchasing power of the consumer $: --- Source: CPIWN82 CPIWN67 (4601-) (4601-) 1982-84 = $1.00 1967 = $1.00 Department of Labor. Bureau of Labor Statistics. Consumer Price Index. © Haver Analytics Vol 1: PRI - 9 12/30/09 CPI, Urban Wage Earners and Clerical Workers CPI-W: SELECTED AREAS; ALL ITEMS INDEX Not seasonally adjusted 1982-84=100, 1946-present Variable PCWNEN PCWNCN PCWSUN PCWWUN (6612-) (6612-) (6612-) (6612-) Census regions: Monthly pricing schedule Northeast urban Midwest urban South urban West urban Selected local areas: Monthly pricing Chicago-Gary-Kenosha, IL-IN-WI Los Angeles-Riverside-Orange County, CA NY-Northern NJ-Long Island, NY-NJ-CT-PA PCWCHIN PCWLAN PCWNYN Local areas: PCWATLN PCWBOSN PCWCLEN PCWDALN PCWDETN PCWHOUN PCWMIAN PCWPHIN (4701-) (6311-) (7711-) PCWSFRN PCWSTWN PCWWASN Note: (continued) (4701-) (9611-) Bimonthly pricing: monthly series are straight-line interpolations Atlanta, GA Boston-Brockton-Nashua, MA-NH Cleveland-Akron, OH Dallas-Fort Worth, TX Detroit-Ann Arbor-Flint, MI Houston-Galveston-Brazoria, TX Miami-Fort Lauderdale, FL Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD San Francisco-Oakland-San Jose, CA Seattle-Tacoma-Bremerton, WA Washington-Baltimore, DC-MD-VA-WV (11/96=100) Additional CPI series covering areas samples semi-annually and further detail on Census Regions as published in the monthly "CPI Detailed Report" are available in the CPIDATA database (listed in Haver Analytics Vol VII). © Haver Analytics Vol 1: PRI - 10 12/30/09 CPI, Urban Wage Earners and Clerical Workers (continued) Federal Reserve Bank of Cleveland Weighted Median Consumer Price Index Monthly Variable CLEVFED CLEVFEDP CLEVFEDY (6702-) (6702-) (6802-) NEW METHODOLOGY (Jan 1983-present)1 Percent change, seasonally adjusted at annual rate Percent change from previous month, SA Year-over-year percent change, SA OLD METHODOLOGY (DISCONTINUED: Feb 1967-Jul 2007)1 Percent change from previous month, SAAR Percent change from previous month, SA Year-over-year percent change, SA CLEVM CLEVMP CLEVMY 16% Trimmed Mean Consumer Price Index Monthly CLEVCPI CLEVCPIP CLEVCPIY CLEVT CLEVTP CLEVTY 1 (6702-) (6702-) (6801-) 2 NEW METHODOLOGY (Jan 1983-present)1 Percent change, seasonally adjusted at annual rate Percent change from previous month, A Year-over-year percent change, SA OLD METHODOLOGY (DISCONTINUED: Feb 1967-Jul 2007)1 Percent change from previous month, SAAR Percent change from previous month, SA Year-over-year percent change, SA FRB Cleveland has changed its construction of median and trimmed-mean CPI measures to remove potential distortions in the data's inflation signals caused by the unusually large weight given to one component of the CPI: Owners' Equivalent Rent (OER). By breaking the OER into four regional subindexes, the revised methodology improves the ability of the Bank's trimmed-mean CPI data, particularly the median CPI, to measure underlying inflation trends. Data for the newly constructed series were published on August 15, 2007 with history back to January 1983; data based on the old methodology started in February 1967. We have archived the lost history by creating series based on the old methodology with data back to February 1967 and labeling these series discontinued. 2 The 16% trimmed-mean CPI eliminates components showing extreme monthly price changes - in this case, 8 percent of the weighted components with the highest and lowest one-month price changes are eliminated and the mean is calculated from the remaining components," making the 16% trimmed mean CPI much less volatile than either the CPI or the core CPI. © Haver Analytics Vol 1: PRI - 11 12/30/09 Chained Consumer Price Index (C-CPI-U) 1 December 1999=100, Not Seasonally Adjusted Monthly, December 1999-present Variable PCCULFEN All items less food and energy (core C-CPI-U) PCCUN PCCUFBN PCCUFON PCCUFHN PCCUFAN PCCUABN PCCUSEN PCCUHN PCCUHSN PCCUHFN PCCUHHN PCCUAN PCCUTN PCCUTPN PCCUTUN PCCUMN PCCUMCN PCCUMSN PCCUEN PCCUOECN PCCUOEN PCCUOCN PCCUON PCCUCSN PCCUCCN PCCUCCDN PCCUSNDN All items (C-CPI-U) Food and beverages Food Food at home Food away from home Alcoholic beverages Energy Housing Shelter Fuels and utilities Household furnishings and operation Apparel Transportation Private transportation Public transportation Medical care Medical care commodities Medical care services Recreation Education and communication Education Communication Other goods and services Services Commodities Durable commodities Nondurable commodities Source: 1 Department of Labor. Bureau of Labor Statistics. Consumer Price Index. The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) utilizes expenditure data in adjacent time periods in order to reflect the effect of any substitution that consumers make across item categories in response to changes in relative prices and is therefore a closer approximation to a "cost-of-living" index than other CPI measures. The use of expenditure data for both a base period and the current period in order to average price change across item categories distinguishes the C-CPI-U from other CPI measures, which use only a single expenditure base period to compute the price change over time. © Haver Analytics Vol 1: PRI - 12 12/30/09 CPI Relative Importance All Urban Consumers (CPI-U) Variable RUI (87-) RUF RUFD RUFH RUFC RUFM RUFY RUFF RUFBV RUFO RUFOS RUFOT (98-) (87-) (87-) (98-) (87-) (98-) (98-) (98-) (98-) (98-) (98-) RUFOMO RUFAH RUFAHM RUAB RUH RUHS RUHSP RUHSL RUHOR RUHROT RUHF RUHFH RUHFHF RUHFG RUHFS RUHH RUHHR RUA RUAM RUAW RUAI RUAF RUT RUTP RUTV RUTW RUTD RUTM RUTMG RUTCA RUTR RUTU (98-) (98-) (98-) (98-) (98-) (87-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (87-) (98-) (98-) (98-) (98-) (87-) (87-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (87-) All Items EXPENDITURE CATEGORY Food and beverages Food Food at home Cereals and bakery products Meats, poultry, fish and eggs Dairy and related products Fruits and vegetables Nonalcoholic beverages & beverage materials Other food at home Sugar and sweets Fats and oils Other foods: Other misc foods Food away from home Other food away from home Alcoholic beverages Housing Shelter Rent of primary residence Lodging away from home Owners' equivalent rent of primary residence Tenants' & household insurance Fuels and utilities Household energy Fuel oil and other fuels Gas (piped) and electricity Water & sewer & trash collection services Household furnishings & operation Household operations Apparel Men's and boys' apparel Women's and girls' apparel Infants' and toddlers' apparel Footwear Transportation Private transportation New and used motor vehicles New vehicles Used cars and trucks Motor fuel Gasoline (all types) Motor vehicle parts and equipment Motor vehicle maintenance and repair Public transportation Source: Department of Labor. Bureau of Labor Statistics. Consumer Price Index. © Haver Analytics Vol 1: PRI - 13 12/30/09 CPI Relative Importance All Urban Consumers (CPI-U) Variable RUM RUMC RUMS RUMSP RUMSH RUE RUEV RUD RUDE RUDES RUDET RUDM RUDI RUDIT RUDII RUDIIP RUO RUOT RUOP RUOPP RUOPS RUOPSM (98-) (87-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) Medical care Medical care commodities Medical care services Professional services Hospital and related services Recreation Video and audio Education and communication Education Educational books and supplies Tuition, other school fees and childcare Communication Information and information processing Telephone services Information technology, hardware services Personal computers and peripheral equipment Other goods and services Tobacco and smoking products Personal care Personal care products Personal care services Miscellaneous personal services Source: Department of Labor. Bureau of Labor Statistics. Consumer Price Index. © Haver Analytics Vol 1: PRI - 14 12/30/09 CPI Relative Importance All Urban Consumers (CPI-U) Variable RUCC RUF RUCCXF RUCNXF RUA RUCNXFA RUCD RUSV RUSHSR (87-) (98-) (87-) (98-) (87-) (98-) (87-) (87-) (87-) COMMODITY AND SERVICE GROUPS Commodities Food and beverages Commodities less food & beverages Nondurables less food and beverages Apparel Nondurables less food, beverages & apparel Durables Services Rent of shelter RUIXFD RUIXHS RUIXM RUCCXFD RUCNXFD RUCNXFDA RUCN RUSXHR RUSXMS RUEG RUIXEG RUIXFDG RUCCXFDG RUEGC RUSXEG (87-) (87-) (98-) (87-) (87-) (87-) (87-) (98-) (87-) (87-) (87-) (87-) (87-) (87-) (87-) SPECIAL INDEXES All items less food All items less shelter All items less medical care Commodities less food Nondurables less food Nondurables less food and apparel Nondurables Services less rent of shelter Services less medical care services Energy All items less energy All items less food and energy (core CPI) Commodities less food and energy commodities Energy commodities Services less energy services Source: Department of Labor. Bureau of Labor Statistics. Consumer Price Index. © Haver Analytics Vol 1: PRI - 15 12/30/09 Variable CPI Relative Importance Urban Wage Earners and Clerical Workers (CPI-W) RWI (87-) All Items RWF RWFD RWFH RWFC RWFM RWFY RWFF RWFBV RWFO RWFOS RWFOT RWFOM RWFOMO RWFAH RWFAHM RWAB RWH RWHS RWHSP RWHSL RWHOR RWHROT RWHF RWHFH RWHFHF RWHFG RWHFS RWHH RWHHR RWA RWAM RWAW RWAI RWAF RWT RWTP RWTV RWTW RWTD RWTM RWTMG RWTCA RWTR RWTU (98-) (87-) (87-) (98-) (87-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (87-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (87-) (98-) (98-) (98-) (98-) (87-) (87-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (87-) EXPENDITURE CATEGORY Food and beverages Food Food at home Cereals and bakery products Meats, poultry, fish and eggs Dairy and related products Fruits and vegetables Nonalcoholic beverages & beverage materials Other food at home Sugar and sweets Fats and oils Other foods Other misc foods Food away from home Other food away from home Alcoholic beverages Housing Shelter Rent of primary residence Lodging away from home Owners' equivalent rent of primary residence Tenants' & household insurance Fuels and utilities Household energy Fuel oil and other fuels Gas (piped) and electricity Water & sewer & trash collection services Household furnishings & operation Household operations Apparel Men's and boys' apparel Women's and girls' apparel Infants' and toddlers' apparel Footwear Transportation Private transportation New and used motor vehicles New vehicles Used cars and trucks Motor fuel Gasoline (all types) Motor vehicle parts and equipment Motor vehicle maintenance and repair Public transportation Source: Department of Labor. Bureau of Labor Statistics. Consumer Price Index. © Haver Analytics Vol 1: PRI - 16 12/30/09 CPI Relative Importance Urban Wage Earners and Clerical Workers (CPI-W) Variable RWM RWMC RWMS RWMSP RWMSH RWE RWEV RWD RWDE RWDES RWDET RWDM RWDI RWDIT RWDII RWDIIP RWO RWOT RWOP RWOPP RWOPS RWOPSM (98-) (87-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) (98-) Medical care Medical care commodities Medical care services Professional services Hospital and related services Recreation Video and audio Education and communication Education Educational books and supplies Tuition, other school fees and childcare Communication Information and information processing Telephone services Information technology, hardware and services Personal computers and peripheral equipment Other goods and services Tobacco and smoking products Personal care Personal care products Personal care services Miscellaneous personal services Source: Department of Labor. Bureau of Labor Statistics. Consumer Price Index. © Haver Analytics Vol 1: PRI - 17 12/30/09 CPI Relative Importance Urban Wage Earners and Clerical Workers (CPI-W) Variable RWCC RWF RWCCXF RWCNXF RWA RWCNXFA RWCD RWSV RWSHSR RWTSV RWSVO (87-) (98-) (87-) (98-) (87-) (98-) (87-) (87-) (87-) (87-) (98-) COMMODITY AND SERVICE GROUPS Commodities Food and beverages Commodities less food & beverages Nondurables less food and beverages Apparel Nondurables less food, beverages & apparel Durables Services Rent of shelter Transportation services Other services RWIXFD RWIXHS RWIXM RWCCXFD RWCNXFD RWCNXFDA RWCN RWSXHR RWSXMS RWEG RWIXEG RWIXFDG RWCCXFDG RWEGC RWSXEG (87-) (87-) (98-) (87-) (87-) (87-) (87-) (98-) (87-) (87-) (87-) (87-) (87-) (87-) (87-) SPECIAL INDEXES All items less food All items less shelter All items less medical care Commodities less food Nondurables less food Nondurables less food and apparel Nondurables Services less rent of shelter Services less medical care services Energy All items less energy All items less food and energy (core CPI) Commodities less food and energy commodities Energy commodities Services less energy services Source: Department of Labor. Bureau of Labor Statistics. Consumer Price Index. © Haver Analytics Vol 1: PRI - 18 12/30/09 CPI Relative Importance Chained Consumer Price Index (C-CPI-U) Variable RCUIXFDG (102-) All items less food and energy (core C-CPI-U) RCUI RCUF RCUFD RCUFH RCUFAH RCUAB RCUEG RCUH RCUHS RCUHF RCUHH RCUA RCUT RCUTP RCUTU RCUM RCUMC RCUMS RCUE RCUD RCUDE RCUDM RCUO (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) (102-) All items (C-CPI-U) Food and beverages Food Food at home Food away from home Alcoholic beverages Energy Housing Shelter Fuels and utilities Household furnishings and operation Apparel Transportation Private transportation Public transportation Medical care Medical care commodities Medical care services Recreation Education and communication Education Communication Other goods and services RCUSV RCUCC RCUCD RCUCN (102-) (102-) (102-) (102-) Source: Department of Labor. Bureau of Labor Statistics. Consumer Price Index. © Haver Analytics Services Commodities Durable commodities Nondurable commodities Vol 1: PRI - 19 12/30/09 PRODUCER PRICE INDEXES For Selected Commodity Groupings 1982=100, not seasonally adjusted Monthly, 1946-present unless otherwise noted Variable PA PAANN PFP P01 P02 PIN P03 P04 P05 P06 P07 P08 P09 P10 P11 P12 P13 P14 P15 PINXF (2101-) (13-) (4701-) (4701-) (4701-) (4701-) (6901-) (4701-) (6701-) P011 P012 P013 P014 P015 P017 P018 P0183 P021 P022 P0222 P025 P026 P0263 P027 P0381 P044 (4701-) (4701-) (4701-) (6701-) (4701-) (4701-) © Haver Analytics All commodities Annual Major commodity groups Farm products and processed foods & feeds Farm products Processed foods and feeds Industrial commodities Textile products and apparel Hides, skins, leather and related products Fuels and related products and power Chemicals and allied products Rubber and plastic products Lumber and wood products Pulp, paper and allied products Metals and metal products Machinery and equipment Furniture and household durables Nonmetallic mineral products Transportation equipment Miscellaneous products Industrial commodities less fuels, related products and power Other commodity groupings Fruits and melons, fresh and dry vegetables and tree nuts Grains Slaughter livestock Slaughter poultry Plant and animal fibers Chicken eggs Hay, hayseeds and oilseeds Oilseeds Cereal and bakery products Meats, poultry and fish Processed poultry Sugar and confectionery Beverages and beverage materials Packaged beverage materials Fats and oils Apparel Other leather and related products Vol 1: PRI - 20 12/30/09 PRODUCER PRICE INDEXES (continued) Variable Other commodity groupings, continued P053 P054 P057 P063 P065 P067 P071 P0711 P0713 P072 P081 P091 (5801-) (5801-) (4701-) (4701-) (4701-) (4701-) (6701-) P0915 P101 P102 P1025 P113 P114 P116 P117 P119 P126 P132 P141 P151 P154 P159 (4701-) Note: The complete producer price index detail is available in the PPI database. All indexes are subject to revision for four months following original publication Source: U.S. Department of Labor. Bureau of Labor Statistics. Producer Price Indexes. Table 3. (4701-) (7101-) (4701-) (4701-) (4701-) (6101-) (4701-) (4701-) (4701-) (4701-) (4701-) © Haver Analytics Gas fuels Electric power Refined petroleum products Drugs and pharmaceuticals Agricultural chemicals and products Other chemicals and allied products Rubber and rubber products Rubber, except natural rubber Miscellaneous rubber products Plastic products Lumber Pulp, paper and products, excluding building paper and board Converted paper and paperboard Iron and steel Nonferrous metals Nonferrous mill shapes Metalworking machinery and equipment General purpose machinery & eqpt Special industry machinery & eqpt Electrical machinery and equipment Miscellaneous machinery Other household durable goods Concrete ingredients Motor vehicles and equipment Toys, sporting goods, small arms, etc. Photographic equipment and supplies Other miscellaneous products Vol 1: PRI - 21 12/30/09 PRODUCER PRICE INDEXES (continued) NET OUTPUT PRICE INDEXES FOR SELECTED INDUSTRIES Monthly, December 1984-present Indexes in this table are derived from the net-output-weighted industry price indexes. Because of differences in coverage and aggregation methodology, they will generally not match the movements of similarly titled indexes which are derived from traditional commodity groupings. RNUM (10612-) Mining, utilities and manufacturing (Dec-06=100) RMIN R211 R212 R213 (8512-) (10312-) (10312-) Mining (Dec-84=100) Oil & gas extraction (Dec-85=100) Mining (except oil & gas) (Dec-03=100) Mining support activities (Dec-03=100) R221 (10312-) Utilities (Dec-03=100) RMFG R311 R312 R313 R314 R315 R316 R321 R322 R323 R324 R325 R326 R327 R331 R332 R333 R334 R335 R336 R337 R339 (10312-) (10312-) (10312-) (10312-) (10312-) (10312-) (10312-) (10312-) (10312-) (10312-) (10312-) (10312-) Manufacturing (Dec-84=100) Food manufacturing (Dec-84=100) Beverage and tobacco manufacturing (Dec-03=100) Textile mills (Dec-03=100) Textile product mills (Dec-03=100) Apparel manufacturing (Dec-03=100) Leather and allied product mfg (Dec-84=100) Wood product manufacturing (Dec-03=100) Paper manufacturing (Dec-03=100) Printing and related support activities (Dec-03=100) Petroleum and coal products mfg (Dec84=100) Chemical manufacturing (Dec84=100) Plastics and rubber products mfg (Dec-84=100) Nonmetallic mineral product mfg (Dec-84=100) Primary metal manufacturing (Dec-84=100) Fabricated metal product manufacturing (Dec-84=100) Machinery manufacturing (Dec-03=100) Computer and electronic product mfg (Dec-03=100) Electrical equipment, appliance & component mfg Dec-03=100) Transportation equipment manufacturing (Dec-03=100) Furniture and related product mfg (Dec-84=100) Miscellaneous manufacturing (Dec-03=100) Source: U.S. Dept of Labor. Bureau of Labor Statistics. Producer Price Indexes. Table 4. © Haver Analytics Vol 1: PRI - 22 12/30/09 PRODUCER PRICE INDEXES Variable NET OUTPUT PRICE INDEXES FOR SELECTED INDUSTRIES Monthly, December 1984-present RTWR RTW R423 R424 R425 RTR R441 R442 R443 R444 (10612-) (10612-) (10406-) (10506-) (10506-) (10612-) (10312-) (10312-) (10312-) (10312-) R445 R446 R447 R448 R451 R452 R454 (9912-) (10312-) (10106-) (10312-) (10312-) (10312-) (10312-) R48T9 (10612-) R48 (10612-) R481 (9212-) R482 (9612-) R483 (10312-) R484 (10312-) R486110(8606-) R486910(8606-) R488 R49 R491 R492 R493 (continued) (10312-) (10612-) (7201-) (10312-) (10612-) Total trade industries (Dec-06=100) Total wholesale trade industries (Dec-06=100) Merchant wholesalers, durable goods (Jun-04=100) Merchant wholesalers, nondurable goods(Jun-05=100) Wholesale trade agents and brokers (Jun-05=100) Total retail trade industries (Dec-06=100) Motor vehicle and parts dealers (Dec-03=100) Furniture & home furnishings stores (Dec-03=100) Electronics and appliances stores (Dec-03=100) Building material and garden equipment and supplies dealers (Dec-03=100) Food and beverage stores (Dec-99=100) Health and personal care stores (Dec-03=100) Gasoline stations (Jun-01=100) Clothing/clothing accessories stores(Dec-03=100) Sporting goods/hobby/book&music stores(Dec-03=100) General merchandise stores (Dec-03=100) Nonstore retailers (Dec-03=100) Transportation and warehousing industries (Dec-06=100) Transportation industries (Dec-06=100) Air transportation (Dec-92=100) Rail transportation (Dec-96=100) Water transportation (Dec-03=100) Truck transportation (Dec-03=100) Pipeline transportation of crude oil (Jun-86=100) Pipeline transportation of refined petroleum products (Jun-86=100) Support activities for transportation (Dec-03=100) Delivery and warehouse industries (Dec-06=100) Postal service (Jun-89=100) Couriers and messengers (Dec-03=100) Warehousing and storage (Jun-93=100) Source: U.S. Dept of Labor. Bureau of Labor Statistics. Producer Price Indexes. Table 4. © Haver Analytics Vol 1: PRI - 23 12/30/09 PRODUCER PRICE INDEXES Variable (continued) NET OUTPUT PRICE INDEXES FOR SELECTED INDUSTRIES Monthly, December 1984-present RSV (10612-) RINF (10612-) (10312-) R511 R515 (10312-) R517 (10312-) R5182 (10312-) RHC (10612-) R6211 (9612-) R6215 (10312-) R6216 (9612-) R621991(10606-) R622 (9212-) R6231 (10312-) R62321 (10312-) R50 (10612-) R5221 R523 (10112-) (10312-) R524 R53112 (10312-) (10312-) R53113 (10312-) R5312 (10312-) R5321 (10106-) R532412(10312-) R5411 (9612-) R5413 (9612-) R5416 (10606-) R54181 R5613 R56151 R56172 R5621 R61142 R71311 R71391 R71394 R721 R8113 (10312-) (9612-) (10312-) (10312-) (10312-) (10606-) (10606-) (10512-) (10412-) (9612-) (10606-) Total traditional service industries (Dec-06=100) Information (Dec-06=100) Publishing industries (ex internet) (Dec-03=100) Broadcasting (except internet) (Dec-03=100) Telecommunications (Dec-03=100) Data processing & related services (Dec-03=100) Selected health care industries (Dec-06=100) Offices of physicians (Dec-96=100) Medical & diagnostic laboratories (Dec-03=100) Home health care services (Dec-96=100) Blood and organ banks (Jun-06=100) Hospitals (Dec-92=100) Nursing care facilities (Dec-03=100) Residential mental retardation facilities (Dec-03=100) Other selected traditional service industries (Dec-06=100) Depository credit intermediation (Dec-03=100) Securities, commodity contracts, other financial investments and related activities (Dec-03=100) Insurance carriers & related services(Dec-03=100) Lessors of nonresidential bldg(excl miniwarehouse (Dec-03=100) Lessors of miniwarehouses and self-storage units (Dec-03=100) Offices of real estate agents & brokers(Dec-03=100) Automotive equipment rental & leasing (Jun-01=100) Other heavy machinery rental & leasing(Dec-96=100) Legal services (Dec-96=100) Architectural, engineering & related services (Dec-96=100) Management and technical consulting services (Jun-06=100) Advertising agencies (Dec-03=100) Employment services (Dec-96=100) Travel agencies (Dec-03=100) Janitorial services (Dec-03=100) Waste collection (Dec-03=100) Computer training (Jun-06=100) Amusement and theme parks (Jun-06=100) Golf courses and country clubs (Dec 05=100) Fitness & recreational sports centers (Dec-04=100) Accommodation (Dec-96=100) Commercial machinery repair & maintenance(Jun-06=100) Source: Bureau of Labor Statistics. Producer Price Indexes. Table 4. © Haver Analytics Vol 1: PRI - 24 12/30/09 PRODUCER PRICE INDEXES (continued) PPI By Stage of Processing Seasonally adjusted, Monthly, 1947-present Please replace SP with PP for NSA indexes (1982=100) 1982=100 % Change SP3000 SP3100 SP3110 SP3111 SP3112 SP3300 SP3120 SP3130 SP3200 SP3210 SP3220 PP3000P PP3100P PP3110P PP3111P PP3112P PP3300P PP3120P PP3130P PP3200P PP3210P PP3220P (7301-) (7301-) (7501-) (7501-) SP2000 (7502-) (7502-) Finished goods Finished consumer goods Finished consumer foods Crude Processed Finished consumer goods ex foods Nondurable goods less foods Durable goods Capital equipment Manufacturing industries Nonmanufacturing industries (7302-) (7302-) PP2000P SP2100 SP2110 SP2120 SP2130 SP2140 SP2200 SP2400 SP2410 SP2420 SP2500 SP2600 SP2610 SP2620 SP2621 SP2622 (7301-) (7301-) (7301-) (7301-) (7301-) (7301-) (7301-) (7401-) (7301-) (7301-) (7601-) (7801-) (7301-) (7301-) (7801-) PP2100P PP2110P PP2120P PP2130P PP2140P PP2200P PP2400P PP2410P PP2420P PP2500P PP2600P PP2610P PP2620P PP2621P PP2622P (7302-) (7302-) (7302-) (7302-) (7302-) (7302-) (7302-) (7402-) (7302-) (7302-) (7602-) (7802-) (7302-) (7302-) (7802-) Intermediate materials, supplies and components Materials & components for mfg Materials for food manufacturing Materials for nondurable mfg Materials for durable mfg Components for manufacturing Materials & components: construction Processed fuels and lubricants Manufacturing industries Nonmanufacturing industries Containers Supplies Manufacturing industries Nonmanufacturing industries Feeds Other supplies SP1000 SP1100 SP1150 SP1200 SP1210 SP1220 SP1300 SP1310 SP1320 (6901-) (6701-) (7301-) (7301-) (7301-) (7301-) (9001-) (7301-) PP1000P PP1100P PP1150P PP1200P PP1210P PP1220P PP1300P PP1310P PP1320P (6902-) (6702-) (7302-) (7302-) (7302-) (7302-) (9002-) (7302-) Crude materials for further processing Foodstuffs and feedstuffs Crude nonfood materials Nonfood materials except fuel 1 Manufacturing 1 Construction Crude fuel 2 Manufacturing industries Nonmanufacturing industries Please see footnotes on overleaf. © Haver Analytics Vol 1: PRI - 25 12/30/09 PRODUCER PRICE INDEXES by Stage of Processing 1982=100 % Change Special Groupings SP3400 SP2700 (6701-) PP3400P PP2700P (6702-) SP2800 SP1400 (6701-) PP2800P PP1400P (6702-) SP3510 SP3520 SP3610 SP3500 (7401-) (7501-) (7401-) (7401-) PP3510P PP3520P PP3610P PP3500P (7402-) (7502-) (7402-) (7402-) Finished energy goods Finished goods less energy Finished consumer goods less energy Finished goods less foods & energy SP3600 (7401-) PP3600P (7402-) SP3620 (7401-) PP3620P (7402-) SP2910 SP2920 SP2900 (7401-) (7401-) (7401-) PP2910P PP2920P PP2900P (7402-) (7402-) (7402-) SP1510 SP1600 SP1500 (9001-) (7401-) (7401-) PP1510P PP1600P PP1500P (9002-) (7402-) (7402-) Finished consumer goods less foods & energy Consumer nondurable goods less foods and energy Intermediate energy goods Intermediate materials less energy Intermediate materials less foods & energy Crude energy materials 1 Crude materials less energy Crude nonfood materials less energy 2 Finished goods, excluding foods Intermediate materials less foods and feeds Intermediate foods and feeds Crude materials less agricultural products 1 Source: Department of Labor. Bureau of Labor Statistics. Price Indexes." Tables 1 and 5 Notes: "Producer Complete detail of PPI by stage of processing is stored on the PPI database. All indexes are subject to revision for four months following original publication. 1 Includes crude petroleum. 2 Excludes crude petroleum. © Haver Analytics Vol 1: PRI - 26 12/30/09 PRODUCER PRICE INDEXES (continued) PPI for Selected Commodity Groupings By Stage of Processing Monthly, 1947-present NSA, 1982=100 SA, % Change PP3000 PP3100 PP3110 P0111 P0113 P017107 P0211 P0213 P021402 P022101 P022104 P022203 P022206 P0223 P023 P024 P0255 P0262 P026301 P0278 (4701-) (4701-) (4701-) (4701-) (4701-) (9112-) (4701-) (4701-) (8506-) (4701-) (4701-) (4701-) (5501-) (4701-) (2601-) (2601-) (7712-) (2601-) (5812-) (4701-) PP3000P PP3100P PP3110P (4705-) (4705-) (4705-) S017107P (9302-) S022104P S022203P S022206P S0223P (7402-) (7502-) (7502-) (6702-) P0285 PP3300 P0261 P029402 P038106 (4701-) (4701-) (4701-) (8509-) (10312-) P038101 P038103 P038107 P038102 P0382 P043 P0541 (4701-10312) (4701-10312) (10312-) (4701-10312) (4701-) P0382P (2601-) (9012-) S0541P P0551 P0571 P0573021 P0638 (9012-) (4701-) (7302-) (10106-) S024P PP3300P S0261P S0551P S0571P S057302P (10508-) (4705-) (8602-) (9101-) (9101-) (7304-) (7304-) P0635 P0636 P0671 P0672 (6101-10106) DISCONTINUED (6101-10106) DISCONTINUED (3301-) (3301-) P0675 (4701-) © Haver Analytics FINISHED GOODS FINISHED CONSUMER GOODS FINISHED CONSUMER FOODS Fresh fruits and melons Fresh and dry vegetables Eggs for fresh use (12/91=100) Bakery products Milled rice Pasta products (6/85=100) Beef and veal Pork Processed young chickens Processed turkeys Finfish and shellfish Dairy products Processed fruits and vegetables Confectionery end products Soft drinks Roasted coffee Shortening and cooking oi (1982=100) Frozen specialties FINISHED CONSUMER GOODS EXCL FOODS Alcoholic beverages Pet food (1982=100) Women's, girls', & infants' apparel (12/03=100) Women's apparel DISC Girls' & infants' apparel DISC Men's & boys' apparel(12/03=100) Men's and boys' apparel DISC Textile house furnishings Footwear Residential electric power(12/90=100) Residential gas (12/90=100) Gasoline [2] Home heating oil & distillates Pharmaceutical preparations (6/01=100) Ethical (prescription) Proprietary (over-the-counter) Soaps and synthetic detergents Specialty cleaning, polish & sanitary products (Jun 1983=100) Cosmetics & other toilet preparations Vol 1: PRI - 27 12/30/09 PRODUCER PRICE INDEXES (continued) PPI for Selected Commodity Groupings By Stage of Processing Monthly, 1947-present NSA, 1982=100 SA, % Change P0712 (2601-) Tires, tubes, tread, etc P091501 (4701-) Sanitary papers & health products P121 (2601-) Household furniture P123 (2601-) Floor coverings P124 (4701-) Household appliances P125 (4701-) Home electronic equipment P1262 (4701-) Household glassware P1264 (4701-) Household flatware P1266 (4701-) Lawn & garden eqpt, ex tractors P141101 (3701-) S141101P (4705-) Passenger cars P1416 (4701-) Travel trailers and campers (June 1984=100) P1511 (4701-) Toys, games and children's vehicles P1512 (4701-) Sporting and athletic goods P152 (4701-) Tobacco products P155 (8101-) Mobile homes P159402 (7812-) Jewelry, platinum and karat gold P159404 (7812-) Costume jewelry and novelties PP3200 (4701-) PP3200P (4705-) CAPITAL EQUIPMENT P111 (2601-) Agricultural machinery and eqpt P112 (3908-) S112P (3908-) Construction machinery and eqpt P1137 (7001-) Metal cutting machine tools P1138 (7001-) Metal forming machine tools P1139 (8106-) Tools, dies, jigs, fixtures and individual molds P1141 (4701-) Pumps, compressors and equipment P1144 (4701-) Industrial material handling eqpt P1151 (9012-) Electronic computers (12/90=100) P1162 (6012-) Textile machinery P1164 (8206-) Paper industries machinery (6/82=100) P1165 (6012-) Printing trades machinery (4701-) Transformers and power regulators P1174 P1176 (8512-) Communication and related equipment (12/85=100) P117905 (7101-) X-ray and electromedical equipment P1191 (4701-) S1191P (9402-) Oil field and gas field machinery P1192 (4701-) S1192P (4701-) Mining machinery and equipment P1193 (4701-) Office and store machines & eqpt P122 (4701-) Commercial furniture P141105 (6401-) S141105P (7902-) Light motor trucks P141106 (6401-) Heavy motor trucks P1414 (8006-) Truck trailers P142102 (8512-) S142102P (9002-) Civilian aircraft (12/85=100) P1431 (8512-) Ships (12/85=100) P144 (6101-) Railroad equipment © Haver Analytics Vol 1: PRI - 28 12/30/09 PRODUCER PRICE INDEXES (continued) PPI for Selected Commodity Groupings By Stage of Processing Monthly, 1947-present NSA, 1982=100 SA, % Change PP2000 (4701-) PP2000P (4705-) PP2800 P021203 P0253 P0254 P0264011 P0283 P0272 P029 PP2700 (6701-) (4701-) (7712-) (7712-) (8512-) (4701-) (4701-) (4701-) (4701-) PP2800P (6702-) S0254 (8002-) PP2700P (4705-) P031 P032 P033 P034 P038303 P042 P0532 P0542 P0543 P0552 P0553 P0554 (7512-) (7512-) (7512-) (7512-) (7712-) (2601-) (7101-) (5801-) (5801-) (9012-) (9012-) (9012-) S0542P S0543P S0552P S0553P S0554P (7502-) (7502-) (9202-) (9202-) (9202-) P057203 P057303 P0574 P0613 P0614 P0621 P0622 P0631 P064 P0651 P065201 P065202 P0653 P066 P071102 P0721 P0722 (7501-) (7302-) (4701-) (7312-) (7312-) (3501-) (3501-) (4701-) (3301-) (3301-) (4701-) (4701-) (6701-) (4701-) (4701-) (7001-) (7101-) S057203P S057303P (8507-) (8507-) S0621P (9002-) S0651P S065201P (7302-) (7302-) P0726 P0811 (7806-) (4701-) © Haver Analytics INTERMEDIATE MATERIALS, SUPPLIES AND COMPONENTS INTERMEDIATE FOODS AND FEEDS Flour Refined sugar and byproducts Confectionery materials Soft drink beverage bases(12/85=100) Processed eggs (1982=100) Crude vegetable oils (DISCONTINUED) Prepared animal feeds INTERMEDIATE MATERIALS LESS FOODS AND FEEDS Synthetic fibers Processed yarns and threads Gray fabrics Finished fabrics Industrial textile products Leather Liquefied petroleum gas Commercial electric power Industrial electric power Commercial natural gas (12/90=100) Industrial natural gas (12/90=100) Natural gas to electric utilities, (12/90=100) Jet fuels No. 2 diesel fuel Residual fuels Basic inorganic chemicals Basic organic chemicals Prepared paint Paint materials Medicinal and botanical chemicals Fats and oils, inedible Mixed fertilizers Nitrogenates Phosphates Other agricultural chemicals Plastic resins and materials Synthetic rubber Plastic construction products Unsupported plastic film, sheet and other shapes Plastic parts & components for mfg Softwood lumber Vol 1: PRI - 29 12/30/09 PRODUCER PRICE INDEXES (continued) PPI for Selected Commodity Groupings By Stage of Processing Monthly, 1947-present NSA, 1982=100 SA, % Change P0812 P082 P083 P087101 P0911 P0913 P0914 P091503 P092 P0937 P1015 P1017 P1022 P102501 P102502 P102505 P1026 P103 P104 P105 P106 P107 (4701-) (2601-) (4701-) (8506-) (2601-) (2601-) (2601-) (4701-) (4701-) (8206-) (4701-) (3901-) (4701-) (4701-) (5312-) (7101-) (4701-) (2601-) (4701-) (2601-) (4701-) (4701-) P1088 (8206-) P1089 P1145 P1148 (4701-) (4701-) (7712-) P114902 (8212-) P114905 P1171 P1173 (4701-) (6101-) (4701-) P1175 P1178 P1194 P1195 P1311 P1322 P133 P136 P137 P138 P1412 (4701-) (6512-) (4701-) (6701-) (6701-) (7101-) (2601-) (2601-) (4701-) (4701-) (6701-) © Haver Analytics S082P S087101P (6702-) (8506-) S091503P (4701-) S106P (4701-) S1145P S1148P (7302-) (7712-) S133P S136P (6702-) (6702-) S138P (10508-) Hardwood lumber Millwork Plywood Treated wood (6/85=100) Woodpulp Paper Paperboard Paper boxes and containers Building paper and board Commercial printing (6/82=100) Foundry and forge shop products Steel mill products Primary nonferrous metals Aluminum mill shapes Copper and brass mill shapes Titanium mill shapes Nonferrous wire and cable Metal containers Hardware Plumbing fixtures & brass fittings Heating equipment Fabricated structural metal products Fabricated ferrous wire products (6/82=100) Other misc metal products Mechanical power transmission eqpt Air conditioning and refrigeration equipment Metal valves, except fluid power (12/82=100) Ball and roller bearings Wiring devices Motors, generators, motor generator sets Switchgear, switchboard, etc, eqpt Electronic components & accessories Internal combustion engines Machine shop products Flat glass Cement Concrete products Asphalt felts and coatings Gypsum products Glass containers Motor vehicle parts Vol 1: PRI - 30 12/30/09 PRODUCER PRICE INDEXES (continued) PPI for Selected Commodity Groupings By Stage of Processing Monthly, 1947-present NSA, 1982=100 SA, % Change P1423 (8512-) S1423P (9002-) P1425 (8506-) P1542 P156 (4701-) (7806-) S156P (8602-) PP1000P PP1100P (4705-) (6902-) S0132P S014102P S0142P S016P (6702-) (6702-) (6702-) (6702-) PP1150P (6702-) S051P (6702-) S102302P S1321P (7402-) (7302-) S139901P (8206-) PP1000 PP1100 P0121 P012202 P0131 P0132 P014102 P0142 P016 P0183SY P0252011 PP1150 P0151 P0419 P051 P0531 P0561 P085 P0912 P1011 P1012 P1021 P102301 P102302 P1321 (4701-) (4701-) (4701-) (7101-) (4701-) (4701-) (4701-) (5412-) (2601-) (4701-) (10312-) (6701-) (7101-) (2601-) (2601-) (6701-) (4701-) (8112-) (4701-) (4701-) (4701-) (8402-) (5701-) (6001-) (4701-) Aircraft engines & engine parts (12/85=100) Aircraft parts & auxiliary equipment, nec (6/85=100) Photographic supplies Medical/surgical/personal aid devices CRUDE MATERIALS FOR FURTHER PROCESSING CRUDE FOODSTUFFS AND FEEDSTUFFS Wheat Corn Slaughter cattle Slaughter hogs Slaughter broilers/fryers Slaughter turkeys Fluid milk Soybeans Raw cane sugar CRUDE NONFOOD MATERIALS Raw cotton Hides and skins Coal Natural gas Crude petroleum Logs, timber, etc Wastepaper Iron ore Iron and steel scrap Nonferrous metal ores (12/83=100) Copper base scrap Aluminum base scrap Construction sand, gravel and crushed stone Industrial sand P139901 (8206-) Source: U.S. Department of Labor. Bureau Producer Price Indexes. Table 2. © Haver Analytics Vol 1: PRI - 31 of Labor Statistics. 12/30/09 COMMODITY PRICE INDEXES Commodity Research Bureau Monthly, 1981-present unless otherwise noted PLEASE AFFIX AN E FOR END-OF-PERIOD SERIES Variable PFALL (7101-) PFALLC PFIND PFGR PFLM PFMT PFIM (7101-) (7201-) PZALL PZFDS PZLP PZFO PZRAW PZMT PZTF (6701-) PFCU (8801-) PFEN (8801-) PFIR (8801-) (4607-) Reuters/Jefferies CRB Commodities Futures Index (1967=100) 1 Reuters-CRB Continuous Commodities Futures Indexes (1967=100) Reuters-CRB index 1 Industrial commodities Grains Livestock and meats Precious metals Softs CRB Spot Indexes (BLS-Formula) (1967=100) All commodities Foodstuffs Livestock and products Fats and oils Raw industrial materials Metals Textiles and fibers Reuters-CRB Futures indexes (1977=100) Currency(British, Canadian, German, Japanese and Swiss) Energy(crude oil, regular unleaded gas & #2 heating oil) Interest rates (T-bills, T-notes & T-bonds) Source: Reuters-CRB Commodity Index Report. 1 Effective June 20, 2005, the Reuters/Jefferies CRB Index (PFALL) includes 3 additional commodities (unleaded gasoline, aluminum and nickel) and excludes one commodity (platinum). The previous version of the CRB Commodity Futures Index continues to be reported but has been renamed the Continuous Commodities Futures Index (PFALLC). © Haver Analytics Vol 1: PRI - 32 12/30/09 Nearby Index Total Return Index GSCI GSEN GSCITR GSENTR GSNE GSAG GSNETR GSAGTR GSLV GSLVTR GSPM GSPMTR GSIN GSINTR COMMODITY INDEXES ** Goldman Sachs Series are based at starting date & are monthly averages of daily data Percentage PLEASE AFFIX AN E FOR END-OF-PERIOD SERIES (6912-) Goldman Sachs Commodity Index (8212-) GSCI Energy Natural gas Petroleum Heating oil Crude oil Unleaded gasoline (6912-) GSCI Non-energy (6912-) GSCI Agricultural Cocoa Coffee Corn Cotton Soybeans Sugar Wheat (6912-) GSCI Livestock Cattle Hogs (7301-) GSCI Precious Metals Silver Gold (7701-) GSCI Industrial Metals Aluminum Zinc Nickel 100.00 50.28 11.55 38.73 10.56 16.03 12.14 49.32 20.15 .29 1.67 4.41 2.86 2.49 2.56 5.87 20.66 11.41 9.25 2.74 .33 2.07 6.17 2.84 .62 .49 **Series may not be reproduced without permission of Goldman Sachs** The GSCI Nearby Index is calculated using the most recent prices of liquid commodity futures contracts. Prices are multiplied by their world production weights and divided by a normalizing constant which is analogous to the divisor of the S&P 500 stock index: the divisor relates an index to a base period. The world production weights and the normalizing constant are recalculated each January. percentage dollar value of the components of the index change daily. The percentages for May 23, 1994 are shown. The FIBER Industrial Materials Price Index 1990=100, Monthly average of weeks ending on Friday, 1948-present Variable PZRJOC PZRJOCTX PZRJOCMT PZRJOCCB PZRJOCMS © Haver Analytics All items Textiles Metals Crude oil and benzene Miscellaneous Vol 1: PRI - 33 12/30/09 COMMODITY PRICE INDEXES Variable (continued) Commodity Prices Underlying the FIBER Industrial Materials Price Index Monthly, 1985-present unless otherwise noted Textiles 1 Burlap: NY 10 oz, 40" per yd (cents per yd) Cotton: 1 1/16 in., avg of 7 markets (cents/lb) PZJBUR PZJCOT PZJTIN PZJZIN Metals Aluminum: LME Spot ($ per metric ton) Copper: scrap, NY no. 2 (cents per lb) Lead, pig: common corroding (cents per lb) Scrap steel: No. 1 heavy melting Pittsburgh, Philadelphia & Chicago ($ per ton) Tin: Grade A, NY Merchants ($ per lb) Zinc: special high grade (cents per lb) PZJOIL PZJBEN Crude Oil and Benzene Crude Oil, West Texas intermediate ($ per barrel) Benzene ($ per gal) PZJALU PZJCOP PZJLED PZJSTL (8701-) PZJFL (9301-) PZJHID PZJPAN (9301-) PZJRUB PZJTAL Note: Source: Miscellaneous Random lengths framing lumber composite price ($ per 1000 board ft) 2 Hides, Chicago: raw heavy native steers (cents/lb) Random lengths structural panel composite price ($/1000 Sq Ft) 3 Rubber: NY crude, No. 1RSS (cents per lb) Tallow: Chicago inedible prime (cents per lb) Price quotations do not necessarily represent prices at which transactions have actually occurred: included are some list prices of suppliers. The Journal of Commerce/FIBER 1 Prior to May 2001, polyester and print cloth are included in the construction of the FIBER Industrial Materials Price Indexes. (Polyester fiber: NY blend, staple branded, cents PZJPOL@DISUSE) (Print cloth: NY, 48", 78x76 yds/lb, cents per yd PZJPCL@DISUSE) 2 The Random Lengths Framing Lumber Composite Price is a weighted average of prices of fifteen key framing lumber items. They are: KD Inland Hem-Fir (Spokane) Std&Btr 2x4; KD Southern Pine (westside)#2 2x4; KD Western Spruce-Pine-Fir StdBtr 2x4; KD Eastern Spruce-Pine-Fir (Boston) #1 & #2 2x4; green Douglas Fir (Portland) Std&Btr 2x4; KD Inland Hem-Fir (Redding) #2 & Btr 2x10; KD Southern Pine (westside) #2 2x10; KD Western Spruce-Pine-Fir #2 Btr 2x10; green Douglas Fir (Portland) #2&Btr 2x10; KD Coast Hem-Fir studs; KD Fir&Larch studs; KD Southern Pine (westside) studs; KD Western Spruce-Pine-Fir studs; KD Eastern Spruce-Pine-Fir (Boston) studs, and green Douglas Fir studs. 3 The Random Lengths Structural Panel Composite Price is a weighted average of eleven key structural panel items. Included are: 7/16-inch OSB (Eastern Canada), 7/16-inch OSB (North Central), 7/16-inch OSB(Southwest), 23/32-inch OSB(North Central), Western 1/2-inch 4-ply plywood, 23/32-inch Western underlayment, 23/32-inch Western AC, 3/4 inch Western concrete form, 15/32-inch 3-ply (Southern, westside), 23/32-inch underlayment (Southern, westside), and 15/32-inch BC (Southern, westside). © Haver Analytics Vol 1: PRI - 34 12/30/09 COMMODITY CASH PRICES Monthly averages of Tuesday prices, quotations as of 4 p.m. EST For monthly averages of daily data (9601-) use prefix PZD instead of PZ July 1988-present unless otherwise noted Variable PZBAR PZBRA PZCOR PZCOG PZCOM PZHOM PZMBN PZOAT PZSOG PZSOM PZSBM PZSOY PZWHS PZWHR PZWHT PZWHW (8801-) PZCBF (9007-) PZSBF (9007-) PZCHK PZCKW PZBUT PZCOA PZCOB PZCCO PZEGG PZFLW PZHAM PZHGI PZHOG PZPOR PZPKL PZSTF PZSTR PZSUG PZCHC PZCHD PZMIL (7601-) (8504-) (9211-) (7601-) (8309-) (8905-) (9103-) (9003-) (7601-) (7806-) (9809-) (9808-) (9903-) GRAINS and FEEDS Barley, top-quality, Minneapolis ($/bu) 1 Bran, wheat middlings, Kansas City ($/ton) 1 Corn, #2 yellow, Central IL ($/bu) 1,2 Corn Gluten Feed, Midwest ($/ton) Cottonseed Meal, Clarksdale, MS ($/ton) Hominy Feed, Central IL ($/ton) Meat-bonemeal, 50% protein, IL ($/ton) Oats, #2 milling, Minneapolis ($/bu) 1 Sorghum, (Milo), #2 Gulf ($/cwt) 1 Soybean Meal, Central IL, 44% protein ($/ton) 1 Soybean Meal, Central IL, 48% protein ($/ton) 1 Soybeans, #1 Yellow, Central IL ($/bu) 1 Wheat, Spring, 14% protein, Minneapolis ($/bushel) 1 Wheat, #2 soft red, St Louis ($/bushel) 1,2 Wheat, hard, Kansas City ($/bushel) Wheat, #1 soft white, del Portland, OR ($/bushel) 1 FOODS Beef Carcass, Choice, 1-3, 550-700 lbs (Equity Index Value) 1 Beef Carcass, Select, 1-3, 550-700 lbs (Equity Index Value) 1 Broilers, Dressed "A" NY ($/lb) 3 Broilers, 12-City Composite Weighted Average ($/lb) Butter, AA, Chicago ($/lb) Cocoa, Ivory Coast ($/metric ton) Coffee, Brazilian ($/lb) Coffee, Colombian ($/lb) Eggs, large white, Chicago ($/dozen) Flour, hard winter, Kansas City ($/cwt) Hams, 17-20 lbs, Mid-US fob ($/lb) Hogs, Iowa-S.Minn avg ($/cwt) Hogs, Omaha avg ($/cwt) Pork bellies, 12-14 lbs, Mid-US ($/lb) Pork loins, 14-18 lbs, Mid-US ($/lb) Steers, Feeder, Okla City avg ($/cwt) Steers, Texas-Oklahoma average ($/cwt) 4 Sugar, cane, raw, world, fob (cents/lb) Cheddar cheese, blocks, Chicago (cents per lb) Cheddar cheese, barrels, Chicago (cents per lb) Milk, non-fat dry, Chicago (cents per lb) See footnotes on next page. © Haver Analytics Vol 1: PRI - 35 12/30/09 COMMODITY PRICE INDEXES (continued) Variable PZCOL (9501-) PZCRN PZGRS PZLRD PZPLM PZSOO (7601-) PZTLB PZTLE FATS and OILS Coconut Oil, crude, New Orleans (cents/lb) Corn Oil, crude, wet/dry, Chicago (cents/lb) Grease, choice white, Chicago (cents/lb) Lard, Chicago (cents/lb) Palm Oil, refined deodorized, New Orleans (cents/lb) Soybean oil, crude, Central Illinois (cents/lb) Tallow, bleachable, Chicago (cents/lb) Tallow, edible, Chicago (cents/lb PZBUR PZCOT PZWOO (7601-) FIBERS and TEXTILES Burlap, 10-oz 40" New York (cents/yd) Cotton, 1 1/16" string low-medium, Memphis ($/lb) Wool, 64s, Staple, Terr delivered (cents/lb) PZALU PZCOP PZCOS PZSCR (8606-) (8601-) (8601-) (10007-) PZRUB PZHID (8808-) PZGLD PZGHF PZGEI PZGEF PZGOL PZGKR PZGMP PZGAE PZPLT PZPLE PZPLA PZPAL PZPAF PZSIL PZSIF PZSIH PZSIE PZSLF PZSCN (7601-) (9402-) (8801-) (8801-) (7501-) (8801-) (8801-) (8801-) (8601-) (8801-) (8801-) (8801-) (8801-) (7601-) (9402-) (8801-) (8801-) (9001-) (8801-) METALS Aluminum Ingot producer price del Midwest (cents/lb) Copper high grade: COMEX spot price ($/lb) Copper scrap, #2 wire, New York ($/lb) Stainless steel scrap ($/gross ton) MISCELLANEOUS Rubber, smoked sheets, NY ($/lb) Hides, heavy native steers, fob (cents/lb) PRECIOUS METALS Gold, Handy & Harman base price ($/troy oz) Gold, Handy & Harman fabricated price ($/troy oz) Gold, Engelhard industrial bullion price ($/troy oz) Gold, Engelhard fabricated price ($/troy oz) Gold, London, PM fix (US$ per troy oz) 5 Gold, Krugerrand, wholesale ($/troy oz) Gold, Maple Leaf ($/troy oz) Gold, American Eagle ($/troy oz) Platinum, free market ($/troy oz) Platinum, Engelhard industrial bullion ($/troy oz) Platinum, Engelhard fabricated products ($/troy oz) Palladium, Engelhard industrial bullion ($/troy oz) Palladium, Engelhard fabricated products ($/troy oz) Silver, Handy & Harman base price ($ per troy oz) Silver, Handy & Harman fabricated products ($/troy oz) Silver, Engelhard industrial bullion ($/troy oz) Silver, Engelhard fabricated products ($/troy oz) Silver, London fixing spot price (Pounds) Silver, Coins, wholesale ($thous. face value) Source: "The Wall Street Journal" 1 2 3 4 5 U.S. Department of Agriculture Country elevator bids to producers Less than truckloads Tuesday prices discontinued Monthly average prices prior to January 1975 come from the IMF (C112CLAU@IFS). © Haver Analytics Vol 1: PRI - 36 12/30/09 WORLD COMMODITY PRICES 1 London Metal Exchange Monthly, November 1988-present Variable PZALUL PZALUL3 PZALAL PZALAL3 PZCOPL PZCOPL3 PZLEADL PZLEADL3 PZNICL PZNICL3 PZTINL PZTINL3 PZZINL PZZINL3 PZLALU PZLALA PZLCOP PZLLEA Source: (9312-) (9312-) (9001-) (9001-) (9001-) (9001-) (7812-) (9212-) (7001-) (7001-) Metal Prices, dollars per metric ton Aluminum: 99.7% purity, closing cash price Aluminum: 99.7% purity, 3-month forward price Aluminum Alloy, closing cash price Aluminum Alloy, 3-month forward price Copper: Grade A, closing cash price Copper: Grade A, 3-month forward price Lead: closing cash price Lead: 3-month forward price Nickel: closing cash price Nickel: 3-month forward price Tin: closing cash price Tin: 3-month forward price Zinc: closing cash price Zinc: 3-month forward price Metal Warehouse Stocks, EOP, metric Aluminum PZLNIC (7907-) Aluminum Alloy PZLTIN (7001-) Copper PZLZIN (7001-) Lead tons Nickel Tin Zinc "Financial Times" Dow Jones AIG Commodity Price Indexes 2 Monthly average of Friday closing prices PZDJAF PZDJAS Source: (9101-) (9101-) Dow Jones AIG futures index (1/2/91=100)3 Dow Jones AIG spot index (1/7/91=100) The Wall Street Journal SPCITRE SPCIE SPCICCE S&P Commodity Price Indexes (DISCONTINUED) Monthly, January 1988-present Monthly Averages GEOMETRIC SERIES (SPCI-G) 4 SPCITR (9001-) S&P Commodity Index Total Return SPCI S&P Commodity Index Price Return SPCICC S&P Commodity Index Continuous Contract SPCATRE SPCAE SPCACCE ARITHMETIC SERIES (SPCI-A) 5 S&P Commodity Index Total Return S&P Commodity Index Price Return S&P Commodity Index Continuous Contract End of Month SPCATR SPCA SPCACC Source: Standard & Poor's. Please see footnotes on the next page. © Haver Analytics Vol 1: PRI - 37 12/30/09 OIL PRICES Crude Grades Offshore, European Spot or Free Market Price $/barrel, Monthly Variable PZBRT (8501-) Brent (nominal) Domestic, Spot Market $/barrel, Monthly, 1987-present PZTEXP PETEXA PETEXAE PZTEX PZMID PZLAS PZSLO (4601-) (8201-) West Texas intermediate: posted price prior to '82 West Texas intermediate: Cushing (DOE) avg West Texas intermediate: Cushing (DOE) eop West Texas intermediate: Cushing (WSJ) West Texas sour: Midland Louisiana sweet: St. James Alaskan North Slope delivered to Pacific 7 Source: The Wall Street Journal 1 Since July 1, 1993 copper prices are quoted in dollars. The back data, which were quoted in pounds, were converted using Generale de Banque's "middle" UK exchange rate, X112SMC. 2 The 20 commodities currently in the DJ-AIG Commodity Index are: Aluminum, Cocoa, Coffee, Copper, Corn, Cotton, Crude Oil, Gold, Heating Oil, Lean Hogs, Live Cattle, Natural Gas, Nickel, Silver, Soybeans, Soybean Oil, Sugar, Unleaded Gasoline, Wheat, and Zinc. Zinc. These 20 commodities are weighted both by investor interest (as measured by trading volume in futures contracts of the index's component commodities) & by production. 3 The Dow Jones-AIG futures index or DJ-AIGCI is a rolling index calculated on an excess return basis. 4 In the SPCI-G, each commodity maintains a fixed percentage weight in the index. To replicate this index, the component commodity dollar weights must be rebalanced at least once a day to match the percentage weights in the index. This is achieved by buying component commodities that under perform the overall basket average, and selling component commodities that out perform. Component commodity weights are reviewed annually each February. 5 In the SPCI-A, the percentage weights for each component commodity are not held constant in the index. Commodity weights are rebalanced annually and weights move in line with underlying commodity price movements until the next rebalance date in February. Replicating an SPCI-A portfolio follows a more traditional buy-and-hold strategy with fewer rebalances. 6 Source: The New York Times 7 Prior to 5/20/96 delivery was to U.S. Gulf (no longer available) © Haver Analytics Vol 1: PRI - 38 12/30/09 OIL PRICES, continued Refined Products Monthly Average (for EOP append E to the variable name) Variable Department of Energy PZRGUS PZDSL (9009-) (9404-) Retail gasoline (regular grade, cents/gallon)) Retail diesel fuel, incl taxes (U.S. national average, $/gallon) 1 1 PECGUG (8606-) PECGNY (8606-) PECGLA (8606-) PECGRD (10307-) PECGRT(8704-10803) PECGRT (8704-) PELGSI (9207-) Conventional regular gasoline (cents/gallon): U.S. Gulf Coast New York Harbor Los Angeles, CA Rotterdam (ARA) 10 ppm sulfur gasoline Rotterdam (ARA) 50 ppm sulfur gasoline (DISCONTINUED) Rotterdam (ARA) Singapore (leaded) PZRNY PZRGC PZRLA (9411-) (9412-) (9504-) Reformulated regular gasoline (cents/gallon): New York Harbor (DISCONTINUED) Gulf Coast (DISCONTINUED) Los Angeles, CA (DISCONTINUED) PZRNYB PZRGCB PZRLAB (10408-) (10605-) (10303-) Reformulated/RBOB regular gasoline (cents/gallon): New York Harbor U.S. Gulf Coast Los Angeles, CA PEDO2GC PEDO2NY PEDO2LA (9509-) (9509-) (8606-) Diesel, No. 2 f.o.b.(cents/gallon): U.S. Gulf Coast (Low Sulfur) New York Harbor (Low Sulfur) Los Angeles, CA PEFO2GC PEFO2A (8606-) (8606-) Heating oil, No 2 (cents/gallon): U.S. Gulf Coast New York Harbor PEGORT PEGOSI (8606-) (8706-) Gas oil, f.o.b.(cents/gallon): Rotterdam (ARA) Singapore PEPROA PEPROM (9207-) (9206-) Propane f.o.b.(cents/gallon): Mont Belvieu TX U.S. Midcontinent PERONY PEROGC PEROLA PERORT PEROSI (9308-) (9308-) (9311-) (9310-) (8606-) Residual fuel oil New York Harbor U.S. Gulf Coast Los Angeles CA, Rotterdam (ARA, Singapore (180, 1 2 2 (cents/gallon): (1.0% Sulfur LP, CIF) (1.0% Sulfur LP, CIF) (180, f.o.b.) 1.0% Sulfur, f.o.b.) f.o.b.) Data not available for December 1990 and January 1991 because the DOE did not conduct a survey during the weeks of Dec 10, 1990, Dec 17, 1990, Dec 24, 1990, Jan 7, 1991, and Jan 14, 1991. RBOB = Reformulated Blendstock for Oxygenate Blending. © Haver Analytics Vol 1: PRI - 39 12/30/09 OIL PRICES, continued Refined Products Monthly Average (for EOP append E to the variable name) Variable Department of Energy Kerosene-type jet fuel: PZRJF (8201-) Retail price (cents/gallon) average only PZWJF (8201-) Wholesale price (cents/gallon) average only (9010-) Average spot price (cents/gallon) f.o.b. 2 PZJA PZJG (9004-) U.S. Gulf Coast PZJL (9010-) Los Angeles, CA PZJN (9004-) New York Harbor PZJR (8606-) Rotterdam PZJS (8606-) Singapore PZRAVG (8201-) Retail aviation gasoline (cents/gallon) average only PZWAVG (8201-) Wholesale aviation gasoline (cents/gallon) avg only PZFO2A PZDFSA PZUNLA PZUNLXA PZPRMA PZCABA PZPRMXA PZPROA PZBUTA (8701-) (10606-) (8601-) (9410-) (8910-) (10606-) (9410-) (8702-) (10606-) The Wall Street Journal Fuel oil, No 2, NY ($/gal) Diesel fuel low sulfur .05, NY Harbor Unleaded gasoline, regular, NY,non-oxygenated ($/gal) Unleaded gasoline, regular, NY,oxygenated ($/gal)DISC Unleaded gasoline, premium, NY,non-oxygenated($/gal) Regular gasoline, CARBOB, LA Unleaded gasoline, premium, NY,oxygenated ($/gal)DISC Propane, non-tet, Mount Belvieu,Texas ($/gal) Butane, normal, Mont Belvieu, Texas Raw Product Variable PZNGAS (9311-) Natural gas, Henry Hub, LA, $/mmbtu Source: Wall Street Journal Variable PZRAC PZRAD PZRAI U.S. Refiners' Acquisition Cost of Crude Oil 3 Dollar per barrel, Monthly, January 1974-present Composite Domestic Imported 3 Average spot price of kerosene-type jet fuel is calculated by Haver Analytics as the arithmetic mean of U.S. Gulf Coast, Los Angeles, New York Harbor, Rotterdam and Singapore. 3 Refiners' acquisition cost of crude oil is the cost of crude oil, including transportation and other fees paid by the refiner. The composite cost is the weighted average of domestic and imported crude oil costs. The refiner acquisition cost does not include the cost of crude oil purchased for the Strategic Petroleum Reserve (SPR). Source: Department of Energy. Crude Oil Price Summary. © Haver Analytics Vol 1: PRI - 40 12/30/09 FUTURES PRICES Energy Futures Prices Closing prices Monthly Average (for EOP append E to the variable name) Variable Light Sweet Crude Oil (WTI, Cushing, OK)($ per bbl) [2] PZTEXF1 (8305-) 1st exp contract (nearby) PZTEXF2 (8501-) 2-month futures PZTEXF3 (8305-) 3-month futures PZTEXF4 (8501-) 4-month futures PZTEXF6 (8304-) 6-month futures PZTEXFY (10406-) 1-year futures Regular reformulated gasoline, unleaded, NY Harbor ($ per gallon) DISCONTINUED [3] 1st exp contract (nearby) PZUNLF1 (8701-) PZUNLF3 (8812-) 3-month futures PZUNLF6 (8707-) 6-month futures Regular reformulated blendstock for oxygenate blending (RBOB), NY Harbor ($ per gallon): PZUNLB1 1st exp contract (nearby) PZUNLB2 2-month futures PZUNLB3 3-month futures PZUNLB4 4-month futures Heating oil (Fuel Oil #2) ($ per gallon) [3] PZHO2F1 (8701-) 1st exp contract (nearby) PZHO2F3 (8812-) 3-month futures PZHO2F6 (8707-) 6-month futures Gas oil ($ per metric ton) [4] PZGSOF1 (8701-) 1st exp contract (nearby) Natural Gas Futures Prices (Dollars per MMBTU) PZGASF1 (9402-) 1st exp contract (nearby) PZGASF2 (9401-) 2-month futures PZGASF3 (9402-) 3-month futures PZGASF4 (9401-) 4-month futures PZGASF6 (10401-) 6-month futures Ethanol ($ per gallon) PZETF (10504-) 1st exp contract (nearby) PZAPF1 (10107-) Coal Futures: NYMEX Central Appalachian 1st expiring contract (Settlement price) Gold Futures Prices Monthly Average (for EOP append E to the variable name) PZGLDF6 (7501-) Gold, 6 month futures ($ per troy oz.) Index Futures Prices Chicago Mercantile Exchange Monthly Average (for EOP append E to the variable name) Opening Closing Price Price PZCOMFO (9501-) PZCOMF (9406-) S&P 500, nearby contract ($) PZMIDFO (9501-) PZMIDF (9501-) S&P 500 midcap, nearby contract ($) Source: © Haver Analytics "The Wall Street Journal" and "Bridge" Vol 1: PRI - 41 12/30/09 FUTURES PRICES Opening Price PZT30NO PZT30TO (9401-) (9401-) (continued) Interest Rate Futures Prices Chicago Board of Trade Monthly Average Closing Price 30-year Treasury bond PZT30N (8801-) Nearby contract PZT30T (9401-) Next contract Commodities Futures Contracts Prices Monthly Average (for EOP append E to the variable name) January 1980-present Opening Closing Price Price PZCORFO PZCORF Corn, nearby (cents/bushel) 1 PZCORFNO PZCORFN Corn, next (cents/bushel) 1 PZCOTFO PZCOTF Cotton, nearby (cents/lb) 2 PZCOTFNO PZCOTFN Cotton, next (cents/lb) 2 PZOJFO PZOJF Orange juice, nearby (cents/lb) 2 PZOJFNO PZOJFN Orange juice, next (cents/lb) 2 PZPKFO PZPKF Pork bellies, nearby (cents/lb) 3 PZPKFNO PZPKFN Pork bellies, next (cents/lb) 3 PZSOYFO PZSOYF Soybeans, nearby (cents/bushel) 1 PZSOYFNO PZSOYFN Soybeans, next (cents/bushel) 1 PZWHTFO PZWHTF (8101-) Wheat, nearby (cents/bushel) 1 PZWHTFNO PZWHTFN (8101-) Wheat, next (cents/bushel) 1 PZSUGFO PZSUGF World sugar, nearby (cents/lb) 4 PZSUGFNO PZSUGFN World sugar, next (cents/lb) 4 PZRICFO (9410-) PZRICF (9410-) Rough rice, nearby (cents/cwt) CME Real Estate Futures Prices ($250 times the S&P/Case Shiller Metro Area Home Price Indexes) 1st Expiring Contract (Settlement Prices), Sep 2006-present Monthly Average (for EOP append E to the variable name) Variable PFCF S&P/Case Shiller Composite Housing Index Futures Price PFBF Boston PFDF Denver PFFF San Francisco PFGF Chicago PFLF Los Angeles PFMF Miami PFNF New York PFSF San Diego PFVF Las Vegas PFWF Washington DC Sources: 1 3 "The Wall Street Journal" and "Bridge" Chicago Board of Trade (CBOT) Chicago Mercantile Exchange (CME) © Haver Analytics 2 4 New York Cotton Exchange (NYCE) Coffee Sugar and Cocoa Exchange (CSCE) Vol 1: PRI - 42 12/30/09 AGRICULTURAL PRICES Prices Received by Farmers 1990-92=100, monthly, 1975-present Variable PRFA All farm products PRFAC PRFACFOG PRFACFGH PRFACCTN PRFACTO PRFACOIL PRFACF PRFACVEG PRFACPOT PRFACO All crops Food grains Feed grains and hay Cotton Tobacco Oil-bearing crops Fruit and nuts Commercial vegetables Potatoes and dry beans Other crops PRFLP PRFLPMA PRFLPAD PRFLPPE Livestock and products Meat animals Dairy products Poultry and eggs Parity (Using unofficial base of 1990-92=100) PRFRAT Ratio, index of prices received to prices paid (quarterly data on prices paid are entered as months within the quarter) Prices Paid by Farmers 1990-92=100, monthly, 1975-present PPITW Commodities and services, interest, taxes and wage rates PPITPW Items used for production, interest, taxes and wage rates PPITWP Items used for production Source: © Haver Analytics U.S. Department of Agriculture. National Statistics Service. Agricultural Prices. Vol 1: PRI - 43 Agricultural 12/30/09 AGRICULTURAL PRICES Variable PRFBAR PRFBARF PRFBARM PRFBND PRFCP PRFCPL PRFCPS PRFCRNG PRFCOT PRFCOTS PRFFLX PRFHYALL PRFHYALF PRFHYO PRFLENT PRFOATS PRFPNT PRFPEA PRFPEAW PRFPOT PRFRICE PRFSGHUM PRFSOYBN PRFSUNFL PRFWHT PRFWHTW PRFWHTSD PRFWHTSO PRFWHTWH PRFWHTWS PRFWHTSH PRFWHTWI PRFGPF PRFLEM PRFORG PRFTLO PRFTN PRFAPL PRFGRP PRFPCH PRFPR PRFSTR Source: 1 (4901-) (7805-) (7805-) (10310-) (10310-) (10310-) (2101-) (2101-) (4901-) (4901-) (4901-) (7201-) (10212-) (4901-) (8201-) (10301-) (10301-) (4901-) (4901-) (2101-) (7909-) (2101-) (8106-) (7701-) (9806-) (8106-) (9801-) (8106-) (10111-) (10110-) (9905-) (9905-) (10201-) (continued) Prices Received by Farmers Monthly, 1994-present $/Unit Field Crops Barley, all (US$/bushel) Feed (US$/bushel) Malting (US$/bushel) Beans, dry edible (US$/cwt) Chickpeas (US$/cwt) Large Small Corn, for grain (US$/bushel) Cotton, upland (US$/lb) Cottonseed (US$/ton) Flaxseed (US$/bushel) Hay, all, baled (US$/ton) 1 Alfalfa (US$/ton) 1 Other (US$/ton) 1 Lentils (US$/cwt) Oats (US$/bushel) Peanuts, In-Shell (US$/lb) Peas, Dry Edible (US$/cwt) Peas, Austrian Winter (US$/cwt) Potatoes (US$/cwt) Rice, rough (US$/cwt) Sorghum for grain (US$/cwt) Soybeans (US$/bushel) Sunflower seed (US$/cwt) Wheat, all (US$/bushel) Winter (US$/bushel) Durum (US$/bushel) Other Spring (US$/bushel) Hard Red Winter (US$/bushel) Soft Red Winter (US$/bushel) Hard Red Spring (US$/bushel) White (US$/bushel) Fruits (citrus) Grapefruit (US$/box) Lemons (US$/box) Oranges (US$/box) Tangelos (US$/box) Tangerines (US$/box) Fruits (non-citrus) Apples (US$/lb) Grapes (US$/ton) Peaches (US$/ton) Pears (US$/ton) Strawberries (US$/cwt) U.S. Department of Agriculture. National Agricultural Statistics Service. Agricultural Prices. Mid-month price © Haver Analytics Vol 1: PRI - 44 12/30/09 AGRICULTURAL PRICES (continued) Prices Received by Farmers (continued) Variable PRFASP PRFBRC PRFCANT PRFCTS PRFCAU PRFCEL PRFCRNS PRFCUC PRFLET PRFON PRFSNBN PRFTOM PRFCLV PRFCTBF PRFCTCW PRFCTST PRFCTMC PRFHG PRFHGB PRFHGS RFLAMB PRFSHP PRFMLK PRFMLKF PRFMLKM PRFBRL PRFEGGA PRFEGGM PRFTRKL Source: 1 2 3 4 5 (10201-) (10205-) (10203-) (9412-) (10301-) (10301-) (10301-) Vegetables, fresh 1 Asparagus (US$/cwt) Broccoli (US$/cwt) Cantaloupes (US$/cwt) Carrots (US$/cwt) Cauliflower (US$/cwt) Celery (US$/cwt) Corn, Sweet (US$/cwt) Cucumbers (US$/cwt) Lettuce (US$/cwt) Onions (US$/cwt) Snap Beans (US$/cwt) Tomatoes (US$/cwt) Livestock Calves (US$/cwt) Cattle, all beef (US$/cwt) Cows (US$/cwt) Steers & heifers (US$/cwt) Milk cows (US$/head) 5 Hogs, all (US$/cwt) Barrows & gilts (US$/cwt) Sows (US$/cwt) Lambs (US$/cwt) Sheep (US$/cwt) Dairy and poultry Milk, all (US$/cwt) 2 Fluid grade (US$/cwt) Mfg grade (US$/cwt) Broilers, live (US$/lb) 3 Eggs, all (US$/doz) 4 Eggs, market (US$/doz) 4 Turkeys, live (US$/lb) 3, 4 U.S. Department of Agriculture. National Statistics Service. Agricultural Prices. Agricultural F.O.B. shipping point Before deductions for hauling. Includes quality, quantity and other premiums. Excludes hauling subsidies. Liveweight equivalent price. Mid-month price. Animals sold for dairy herd replacement only. Prices available for Jan, Apr, Jul, and Oct. © Haver Analytics Vol 1: PRI - 45 12/30/09 © Haver Analytics Vol 1: PRI - 46 12/30/09 NEW RESIDENTIAL CONSTRUCTION New Privately Owned Housing Units Started By Type and Region Thousands of units Monthly, 1959-present SAAR NSA HST HSTN HST1 HSTM HST2 HST5 HST1N HSTMN HST2N HST5N HSTNE HSTNE1 HSTMW HSTMW1 HSTS HSTS1 HSTW HSTW1 HSTNEN HSTNE1N HSTMWN HSTMW1N HSTSN HSTS1N HSTWN HSTW1N Source: (8401-) (8401-) (8401-) (8401-) New privately owned housing units started (6308-) (6308-) (8401-) (8401-) (8401-) (8401-) By type 1-unit structures Multi-unit structures 1 2-4 unit structures 2 5 or more unit structures 3 By Region Northeast: total housing units Northeast: 1-unit structures Midwest: total housing units Midwest: 1-unit structures South: total housing units South: 1-unit structures West: total housing units West: 1-unit structures U.S. Department of Commerce. Bureau of the Census. "New Residential Construction." Table 3. 1 Census stopped updating multi-family housing starts in May 2001. It is now calculated by Haver Analytics by subtracting single-family housing starts from total housing starts. 2 Census discontinued SAAR 2-4 unit-structures because tests for identifiable and stable seasonality do not meet reliability standards for publication. It is calculated by Haver Analytics by subtracting 1-unit structures and 5 or more unit structures from total housing starts. Through July 1963, 5 or more unit structures also include 2 to 4 unit structures. 3 Through July 1963, 5 or more unit structures also include 2 to 4 unit structures. © Haver Analytics Vol 1: H&C - 1 10/29/10 NEW RESIDENTIAL CONSTRUCTION (continued) New Privately Owned Housing Units Authorized in Permit-Issuing Places By Type and Region 1 Thousands of units, monthly SAAR NSA SFs HPT HPTM HPTN HPTMN HPTF HP1 HP2 HP5 HP1N HP2N HP5N HP2F HP5F HPNE HPNE1 HPMW HPMW1 HPS HPS1 HPW HPW1 HPNEN HPNE1N HPMWN HPMW1N HPSN HPS1N HPWN HPW1N HPNEF HPNE1F HPMWF HPMW1F HPSF HPS1F HPWF HPW1F Source: 1 Housing units authorized 2 Multi-family housing units authorized 6 By type: 1-unit structures 3 2-4 unit structures 2 5 or more unit structures 2 By region 5 Northeast: total housing units Northeast: 1-unit structures 4 Midwest: total housing units 2 Midwest: 1-unit structures 4 South: total housing units 2 South: 1-unit structures 4 West: total housing units 2 West: 1-unit structures 4 2 U.S. Department of Commerce. Bureau of the Census. "New Residential Construction." Table 1. Data are carried for years: 1959 to 1962 10,000 1963 to 1966 12,000 1967 to 1971 13,000 1972 to 1977 14,000 1978 to 1983 16,000 1984 to 1993 17,000 1994 to 2003 19,000 2004-present 20,000 the following number of permit-issuing places for the following permit-issuing permit-issuing permit-issuing permit-issuing permit-issuing permit-issuing permit-issuing permit-issuing places places places places places places places places 2 Revised on the 18th business day of the month. 3 1-unit structures include attached and detached (single-family) homes. Revised on the 18th business day of the month. 4 1-unit structures include attached and detached (single-family) homes. 5 Northeast: CT,ME,MA,NH,NJ,NY,PA,RI,VT Midwest: IL,IN,MI,OH,WI,IA,KS,MN,MO,NE,ND,SD South: DE,DC,FL,GA,MD,NC,SC,VA,WV,AL,KY,TN,MS,AR,LA,OK,TX West: AZ,CO,ID,MT,NV,NM,UT,WY,AK,CA,HI,OR,WA 6 Multi-family housing units authorized are calculated by subtracting 1-unit structures from total housing units authorized. HPTM = HPT - HP1 HPTMN = HPTN - HP1N © Haver Analytics Vol 1: H&C - 2 10/29/10 NEW RESIDENTIAL CONSTRUCTION (continued) New Privately Owned Housing Units Started in Permit-Issuing Places By Type of Structure and Region 1 Thousands of units Monthly, 1964-present unless otherwise noted SAAR NSA HSPT HSPTN (5901-) HSP1 HSP2 HSP5 HSP1N HSP2N HSP5N (6301-) HSPNE HSPNE1 HSPMW HSPMW1 HSPS HSPS1 HSPW HSPW1 HSPNEN HSPNE1N HSPMWN HSPMW1N HSPSN HSPS1N HSPWN HSPW1N (5901-) (8401-) (5901-) (8401-) (5901-) (8401-) (5901-) (8401-) Source: 1 (8401-) (8401-) (6401-) (8401-) (8401-) Starts in permit-issuing places By type: 1-unit structures 2-4 unit structures 5 or more unit structures By region Northeast: total housing units Northeast: 1-unit structures Midwest: total housing units Midwest: 1-unit structures South: total housing units South: 1-unit structures West: total housing units West: 1-unit structures U.S. Department of Commerce. Bureau of the Census. "New Residential Construction." Data are carried for the following number of permit-issuing places for the following years: 1959 to 1962 1963 to 1966 1967 to 1971 1972 to 1977 1978 to 1983 1984 to 1993 1994 to 2003 2004-present © Haver Analytics 10,000 12,000 13,000 14,000 16,000 17,000 19,000 20,000 permit-issuing permit-issuing permit-issuing permit-issuing permit-issuing permit-issuing permit-issuing permit-issuing Vol 1: H&C - 3 places places places places places places places places 10/29/10 NEW RESIDENTIAL CONSTRUCTION (continued) New Privately Owned Housing Units Authorized, but Not Started in Permit-Issuing Places At End of Period 1 Thousands of units, not seasonally adjusted End of period, Monthly, 1968-present Variable HAPTN (6106-) Authorized but not started By type: 1-unit structures 2-4 unit structures 5 or more unit structures HAP1N HAP2N HAP5N By region: Northeast: total housing units Northeast: 1-unit structures Midwest: total housing units Midwest: 1-unit structures South: total housing units South: 1-unit structures West: total housing units West: 1-unit structures HAPTNEN HAP1NEN HAPTMWN HAP1MWN HAPTSN HAP1SN HAPTWN HAP1WN (6106-) Source: U.S. Department of Commerce. Bureau of the Census. "New Residential Construction." Table 2. 1 (6106-) (6106-) (6106-) These backlog data represent the number of housing units authorized in all months up to and including the last day of the reporting period and not started as of that date without regard to the months of original permit issuance. Cancelled, abandoned, expired and revoked permits are excluded from the backlog. © Haver Analytics Vol 1: H&C - 4 10/29/10 NEW RESIDENTIAL CONSTRUCTION (continued) New Privately Owned Housing Units Started by Purpose and Design 1 Thousands of units End of period Quarterly, Not seasonally adjusted For annual series, replace Q at the end of the code with A.* Variable U.S. TOTAL HST1Q (741-) HSTS1Q HSTF1Q HSTC1Q HSTO1Q (741-) HSTD1Q HSTA1Q (851-) HSTM1Q HSTV1Q (991-) HST2MQ (741-) HSTS2MQ HSTR2MQ (741-) HST2Q HST5Q HST10Q HST20Q (741-) HSTM2MQ HSTV2MQ (991-) (851-) (741-) (741-) (851-) (991-) (741-) (991-) (991-) (991-) (991-) One-family units started 2 Purpose of construction: Built for sale 3 Built for sale: fee simple Contractor built 4 Owner built 5 Design type: Detached Attached Square feet of floor area: Median Average 3 Units started in buildings with 2 units or more Purpose of construction: Built for sale 3 Built for rent 6 Number of units per building: 2-4 5-9 10-19 20 or more Square feet of floor area: Median Average * Quarterly estimates may not add up to the published annual figures because the published annual figures include late reports and corrections. Please see footnotes on page 10. © Haver Analytics Vol 1: H&C - 5 10/29/10 NEW RESIDENTIAL CONSTRUCTION (continued) Quarterly New Privately Owned Housing Units Started by Purpose and Design 1 Thousands of units End of period Quarterly, Not seasonally adjusted For annual series, replace Q at the end of the code with A.* Variable NORTHEAST HSTNE1Q (851-) HSTSNE1Q HSTFNE1Q HSTCNE1Q HSTONE1Q (851-) HSTDNE1Q HSTANE1Q (851-) HSTMNE1Q HSTVNE1Q HSTNE2MQ (991-) HSTSN2MQ HSTRN2MQ (851-) HSTNE2Q HSTNE5Q HSTNE10Q HSTNE20Q (851-) HSTMN2MQ HSTVN2MQ (991-) (851-) (991-) (991-) (851-) (991-) (851-) (851-) (991-) (991-) (991-) (991-) One-family units started 2 Purpose of construction: Built for sale Built for sale: fee simple 3 Contractor built Owner built Design type: Detached Attached Square feet of floor area: Median Average Units started in buildings with 2 units or more Purpose of construction: Built for sale 4 Built for rent Number of units per building: 2-4 5-9 10-19 20 or more Square feet of floor area: Median Average * Quarterly estimates may not add up to the published annual figures because the published annual figures include late reports and corrections. Please see footnotes on page 10. © Haver Analytics Vol 1: H&C - 6 10/29/10 NEW RESIDENTIAL CONSTRUCTION (continued) Quarterly New Privately Owned Housing Units Started by Purpose and Design 1 Thousands of units End of period Quarterly, Not seasonally adjusted For annual series, replace Q at the end of the code with A.* Variable MIDWEST HSTMI1Q (851-) HSTSM1Q HSTFM1Q HSTCM1Q HSTOM1Q (851-) HSTDM1Q HSTAM1Q (851-) HSTMM1Q HSTVM1Q HSTMI2MQ (991-) HSTSM2MQ HSTRM2MQ (851-) HSTM2Q HSTM5Q HSTM10Q HSTM20Q (851-) HSTMM2MQ HSTVM2MQ (991-) (851-) (991-) (991-) (851-) (991-) (851-) (851-) (991-) (991-) (991-) (991-) One-family units started 2 Purpose of construction: Built for sale Built for sale: fee simple 3 Contractor built Owner built Design type: Detached Attached Square feet of floor area: Median Average Units started in buildings with 2 units or more Purpose of construction: Built for sale 4 Built for rent Number of units per building: 2-4 5-9 10-19 20 or more Square feet of floor area: Median Average * Quarterly estimates may not add up to the published annual figures because the published annual figures include late reports and corrections. Please see footnotes on page 10. © Haver Analytics Vol 1: H&C - 7 10/29/10 NEW RESIDENTIAL CONSTRUCTION (continued) Quarterly New Privately Owned Housing Units Started by Purpose and Design 1 Thousands of units End of period Quarterly, Not seasonally adjusted For annual series, replace Q at the end of the code with A.* Variable SOUTH HSTSO1Q (851-) HSTSS1Q HSTFS1Q HSTCS1Q HSTOS1Q (851-) HSTDS1Q HSTAS1Q (851-) HSTMS1Q HSTVS1Q HSTSO2MQ (991-) HSTSS2MQ HSTRS2MQ (851-) HSTS2Q HSTS5Q HSTS10Q HSTS20Q (851-) HSTMS2MQ HSTVS2MQ (991-) (851-) (991-) (991-) (851-) (991-) (851-) (851-) (991-) (991-) (991-) (991-) One-family units started 2 Purpose of construction: Built for sale Built for sale: fee simple 3 Contractor built Owner built Design type: Detached Attached Square feet of floor area: Median Average Units started in buildings with 2 units or more Purpose of construction: Built for sale 4 Built for rent Number of units per building: 2-4 5-9 10-19 20 or more Square feet of floor area: Median Average * Quarterly estimates may not add up to the published annual figures because the published annual figures include late reports and corrections. Please see footnotes on page 10. © Haver Analytics Vol 1: H&C - 8 10/29/10 NEW RESIDENTIAL CONSTRUCTION (continued) Quarterly New Privately Owned Housing Units Started by Purpose and Design 1 Thousands of units End of period Quarterly, Not seasonally adjusted For annual series, replace Q at the end of the code with A.* Variable WEST HSTW1Q (851-) HSTSW1Q HSTFW1Q HSTCW1Q HSTOW1Q (851-) HSTDW1Q HSTAW1Q (851-) HSTMW1Q HSTVW1Q HSTW2MQ (991-) HSTSW2MQ HSTRW2MQ (851-) HSTW2Q HSTW5Q HSTW10Q HSTW20Q (851-) HSTMW2MQ HSTVW2MQ (991-) (851-) (991-) (991-) (851-) (991-) (851-) (851-) (991-) (991-) (991-) (991-) One-family units started 2 Purpose of construction: Built for sale Built for sale: fee simple 3 Contractor built Owner built Design type: Detached Attached Square feet of floor area: Median Average Units started in buildings with 2 units or more Purpose of construction: Built for sale 4 Built for rent Number of units per building: 2-4 5-9 10-19 20 or more Square feet of floor area: Median Average * Quarterly estimates may not add up to the published annual figures because the published annual figures include late reports and corrections. Please see footnotes on page 10. © Haver Analytics Vol 1: H&C - 9 10/29/10 1 Quarterly estimates may not add up to the published annual figures because the published annual figures include late reports and corrections. Housing units for which purpose of construction or design type was not reported have been distributed proportionally to those for which the information was reported. 2 Single-family estimates prior to 1999 include an upward adjustment of 3.3 percent made to account for structures started in permitissuing areas without permit authorization. Includes one-family units built for rent that are not shown separately by purpose of construction. 3 Built for sale (or speculatively built): the builder is offering the house and the developed lot for sale as one transaction. This includes houses where ownership of the entire property including the land is acquired ("fee simple") as well as houses sold for cooperative or condominium ownership. These are the units measured in the New Residential Sales series. 4 Contractor-built (or custom-built): the house is built for the landowner by a general contractor, or the land and the house are purchased in separate transactions. 5 Owner-built: the house is built entirely by the landowner or by the landowner acting as his/her own general contractor. 6 Built for rent: the house is built with the intent that it be placed on the rental market when it is completed. © Haver Analytics Vol 1: H&C - 10 10/29/10 NEW RESIDENTIAL CONSTRUCTION SAAR HCT HC1 HC2 HC5 HCNE HCNE1 HCMW HCMW1 HCS HCS1 HCW HCW1 Source: 1 (continued) New Privately Owned Housing Units Completed Thousands of units Monthly, 1968-present unless otherwise noted NSA HCTN Housing completions By type: HC1N 1-unit structures HC2N 2-4 unit structures 1 HC5N 5 or more unit structures By region: (7901-) HCNEN Northeast: total housing units (8501-) HCNE1N (8401-) Northeast: 1-unit structures (7901-) HCMWN Midwest: total housing units (8501-) HCMW1N (8401-) Midwest: 1-unit structures (7901-) HCSN South: total housing units (8501-) HCS1N (8401-) South: 1-unit structures (7901-) HCWN West: total housing units (8501-) HCW1N (8401-) West: 1-unit structures U.S. Department of Commerce. Bureau of the Census. "New Residential Construction." Table 5. Census discontinued SAAR 2-4 unit-structures because tests for identifiable and stable seasonality do not meet reliability standards for publication. It is calculated by Haver Analytics by subtracting 1-unit structures and 5 or more unit structures from total housing completions. SAAR New Privately Owned Housing Completed in Permit Areas Thousands of units Monthly NSA (8501-) (8401-) HCPT HCPTN HCP1 HCP2 HCP5 HCP1N HCP2N HCP5N HCPNE HCPNE1 HCPMW HCPMW1 HCPS HCPS1 HCPW HCPW1 HCPNEN HCPNE1N HCPMWN HCPMW1N HCPSN HCPS1N HCPWN HCPW1N Source: Housing completed in permit areas By type: 1-unit structures 2-4 unit structures 5 or more unit structures By region: Northeast: total housing units Northeast: 1-unit structures Midwest: total housing units Midwest: 1-unit structures South: total housing units South: 1-unit structures West: total housing units West: 1-unit structures U.S. Department of Commerce. Bureau of the Census. "New Residential Construction." © Haver Analytics Vol 1: H&C - 11 10/29/10 NEW RESIDENTIAL CONSTRUCTION (continued) New Privately Owned Housing Units Under Construction At End of Period Thousands of units, end-of-month SA NSA HCCT (7001-) HCCTN (6912-) HCC1 HCC2 HCC5 (7001-) (7001-) (7001-) HCC1N HCC2N HCC5N (6912-) (6912-) (6912-) HCCNE HCCNE1 HCCMW HCCMW1 HCCS HCCS1 HCCW HCCW1 (7901-) (8501-) (7901-) (8501-) (7901-) (8501-) (7901-) (8501-) HCCNEN HCCNE1N HCCMWN HCCMW1N HCCSN HCCS1N HCCWN HCCW1N (6912-) (8401-) (6912-) (8401-) (6912-) (8401-) (6912-) (8401-) Source: 1 Housing under construction By type: 1-unit structures 2-4 unit structures 1 5 or more unit structures By region: Northeast: total housing units Northeast: 1-unit structures Midwest: total housing units Midwest: 1-unit structures South: total housing units South: 1-unit structures West: total housing units West: 1-unit structures U.S. Department of Commerce. Bureau of the Census. "New Residential Construction." Table 4. Census discontinued SAAR 2-4 unit-structures because tests for identifiable and stable seasonality do not meet reliability standards for publication. It is calculated by Haver Analytics by subtracting 1-unit structures and 5 or more unit structures from total housing under construction. SA New Privately Owned Housing Under Construction in Permit Areas Thousands of units Monthly NSA (8501-) (8401-) HCCPT HCCPTN HCCP1 HCCP2 HCCP5 HCCP1N HCCP2N HCCP5N HCCPNE HCCPNE1 HCCPMW HCCPMW1 HCCPS HCCPS1 HCCPW HCCPW1 HCCPNEN HCCPNE1N HCCPMWN HCCPMW1N HCCPSN HCCPS1N HCCPWN HCCPW1N Source: Housing under construction in permit areas By type: 1-unit structures 2-4 unit structures 5 or more unit structures By region: Northeast: total housing units Northeast: 1-unit structures Midwest: total housing units Midwest: 1-unit structures South: total housing units South: 1-unit structures West: total housing units West: 1-unit structures U.S. Department of Commerce. Bureau of the Census. "New Residential Construction." © Haver Analytics Vol 1: H&C - 12 10/29/10 NEW RESIDENTIAL CONSTRUCTION Variable (continued) Quarterly New Privately Owned Housing Units Completed by Purpose and Design 1 Thousands of units End of period, Not seasonally adjusted Quarterly, Q1 1999-present U.S. TOTAL HC1Q (871-) HCS1Q HCF1Q HCC1Q HCO1Q HCD1Q HCA1Q HCM1Q HCV1Q (871) HC2MQ (871-) (871-) HCS2MQ HCR2MQ HC2Q HC5Q HC10Q HC20Q (871-) HCM2MQ HCV2MQ (871-) (871-) (871-) (871-) (871-) One-family units completed 2 Purpose of construction: Built for sale Built for sale: fee simple Contractor built Owner built Design type: Detached Attached Square feet of floor area: Median Average 3 Units completed in buildings with 2 units or more Purpose of construction: Built for sale 4 Built for rent Number of units per building: 2-4 5-9 10-19 20 or more Square feet of floor area: Median Average 1 Quarterly estimates may not add up to the published annual figures because the published annual figures include late reports and corrections. Housing units for which purpose of construction or design type was not reported have been distributed proportionally to those for which the information was reported. 2 Single-family estimates prior to 1999 include an upward adjustment of 3.3 percent made to account for structures started in permit-issuing areas without permit authorization. Includes one-family units built for rent that are not shown separately by purpose of construction. 3 Ownership of the entire property is acquired, both land and improvements, not a condominium or cooperative ownership. 4 Includes units for sale as condominiums or cooperatives; may also include units where ownership of the entire property is acquired, both land and improvements. © Haver Analytics Vol 1: H&C - 13 10/29/10 NEW RESIDENTIAL CONSTRUCTION Variable (continued) Quarterly New Privately Owned Housing Units Completed by Purpose and Design 1 Thousands of units End of period, Not seasonally adjusted Quarterly, Q1 1999-present NORTHEAST HCNE1Q HCSNE1Q HCFNE1Q HCCNE1Q HCONE1Q HCDNE1Q HCANE1Q HCMNE1Q HCVNE1Q HCNE2MQ HCSNE2MQ HCRNE2MQ HCNE2Q HCNE5Q HCNE10Q HCNE20Q HCMNE2MQ HCVNE2MQ One-family units completed 2 Purpose of construction: Built for sale Built for sale: fee simple Contractor built Owner built Design type: Detached Attached Square feet of floor area: Median Average 3 Units completed in buildings with 2 units or more Purpose of construction: Built for sale 4 Built for rent Number of units per building: 2-4 5-9 10-19 20 or more Square feet of floor area: Median Average 1 Quarterly estimates may not add up to the published annual figures because the published annual figures include late reports and corrections. Housing units for which purpose of construction or design type was not reported have been distributed proportionally to those for which the information was reported. 2 Single-family estimates prior to 1999 include an upward adjustment of 3.3 percent made to account for structures started in permit-issuing areas without permit authorization. Includes one-family units built for rent that are not shown separately by purpose of construction. 3 Ownership of the entire property is acquired, both land and improvements, not a condominium or cooperative ownership. 4 Includes units for sale as condominiums or cooperatives; may also include units where ownership of the entire property is acquired, both land and improvements. © Haver Analytics Vol 1: H&C - 14 10/29/10 NEW RESIDENTIAL CONSTRUCTION Variable (continued) Quarterly New Privately Owned Housing Units Completed by Purpose and Design 1 Thousands of units End of period, Not seasonally adjusted Quarterly, Q1 1999-present MIDWEST HCMI1Q HCSM1Q HCFM1Q HCCM1Q HCOM1Q HCDM1Q HCAM1Q HCMM1Q HCVM1Q HCMI2MQ HCSM2MQ HCRM2MQ HCM2Q HCM5Q HCM10Q HCM20Q HCMM2MQ HCVM2MQ One-family units completed 2 Purpose of construction: Built for sale Built for sale: fee simple 3 Contractor built Owner built Design type: Detached Attached Square feet of floor area: Median Average Units completed in buildings with 2 units or more Purpose of construction: Built for sale 4 Built for rent Number of units per building: 2-4 5-9 10-19 20 or more Square feet of floor area: Median Average 1 Quarterly estimates may not add up to the published annual figures because the published annual figures include late reports and corrections. Housing units for which purpose of construction or design type was not reported have been distributed proportionally to those for which the information was reported. 2 Single-family estimates prior to 1999 include an upward adjustment of 3.3 percent made to account for structures started in permit-issuing areas without permit authorization. Includes one-family units built for rent that are not shown separately by purpose of construction. 3 Ownership of the entire property is acquired, both land and improvements, not a condominium or cooperative ownership. 4 Includes units for sale as condominiums or cooperatives; may also include units where ownership of the entire property is acquired, both land and improvements. © Haver Analytics Vol 1: H&C - 15 10/29/10 NEW RESIDENTIAL CONSTRUCTION Variable (continued) Quarterly New Privately Owned Housing Units Completed by Purpose and Design 1 Thousands of units End of period, Not seasonally adjusted Quarterly, Q1 1999-present SOUTH HCSO1Q HCSS1Q HCFS1Q HCCS1Q HCOS1Q HCDS1Q HCAS1Q HCMS1Q HCVS1Q HCSO2MQ HCSS2MQ HCRS2MQ HCS2Q HCS5Q HCS10Q HCS20Q HCMS2MQ HCVS2MQ One-family units completed 2 Purpose of construction: Built for sale Built for sale: fee simple 3 Contractor built Owner built Design type: Detached Attached Square feet of floor area: Median Average Units completed in buildings with 2 units or more Purpose of construction: Built for sale 4 Built for rent Number of units per building: 2-4 5-9 10-19 20 or more Square feet of floor area: Median Average 1 Quarterly estimates may not add up to the published annual figures because the published annual figures include late reports and corrections. Housing units for which purpose of construction or design type was not reported have been distributed proportionally to those for which the information was reported. 2 Single-family estimates prior to 1999 include an upward adjustment of 3.3 percent made to account for structures started in permit-issuing areas without permit authorization. Includes one-family units built for rent that are not shown separately by purpose of construction. 3 Ownership of the entire property is acquired, both land and improvements, not a condominium or cooperative ownership. 4 Includes units for sale as condominiums or cooperatives; may also include units where ownership of the entire property is acquired, both land and improvements. © Haver Analytics Vol 1: H&C - 16 10/29/10 NEW RESIDENTIAL CONSTRUCTION Variable (continued) Quarterly New Privately Owned Housing Units Completed by Purpose and Design 1 Thousands of units End of period, Not seasonally adjusted Quarterly, Q1 1999-present WEST HCW1Q HCSW1Q HCFW1Q HCCW1Q HCOW1Q HCDW1Q HCAW1Q HCMW1Q HCVW1Q HCW2MQ HCSW2MQ HCRW2MQ HCW2Q HCW5Q HCW10Q HCW20Q HCMW2MQ HCVW2MQ One-family units completed 2 Purpose of construction: Built for sale Built for sale: fee simple 3 Contractor built Owner built Design type: Detached Attached Square feet of floor area: Median Average Units completed in buildings with 2 units or more Purpose of construction: Built for sale 4 Built for rent Number of units per building: 2-4 5-9 10-19 20 or more Square feet of floor area: Median Average 1 Quarterly estimates may not add up to the published annual figures because the published annual figures include late reports and corrections. Housing units for which purpose of construction or design type was not reported have been distributed proportionally to those for which the information was reported. 2 Single-family estimates prior to 1999 include an upward adjustment of 3.3 percent made to account for structures started in permit-issuing areas without permit authorization. Includes one-family units built for rent that are not shown separately by purpose of construction. 3 Ownership of the entire property is acquired, both land and improvements, not a condominium or cooperative ownership. 4 Includes units for sale as condominiums or cooperatives; may also include units where ownership of the entire property is acquired, both land and improvements. © Haver Analytics Vol 1: H&C - 17 10/29/10 Average Number of Months from Authorization to Start of Buildings Started in Permit-Issuing Places Months Annual US Northeast Midwest South West HTS1 HTSNE1 HTSMW1 HTSSO1 HTSW1 HTSS1 HTSC1 HTSO1 HTSSNE1 HTSCNE1 HTSONE1 HTSSMW1 HTSCMW1 HTSOMW1 HTSSS1 HTSCS1 HTSOS1 HTSSW1 HTSCW1 HTSOW1 HTS2 HTSNE2 HTSMW2 HTSS2 HTSW2 HTS21 HTS22 HTS23 HTS24 HTSNE21 HTSNE22 HTSNE23 HTSNE24 HTSMW21 HTSMW22 HTSMW23 HTSMW24 HTSS21 HTSS22 HTSS23 HTSS24 HTSW21 HTSW22 HTSW23 HTSW24 Buildings with 1 unit Purpose of construction: Built for sale Contractor-built Owner-built Buildings with 2 units or more Number of units in building: 2 to 4 units 5 to 9 units 10 to 19 units 20 or more units Average Number of Months from Start to Completion of Buildings Started in Permit-Issuing Places Months Annual US Northeast Midwest South West HTC1 HTCNE1 HTCMW1 HTCSO1 HTCW1 HTCS1 HTCC1 HTCO1 HTCSNE1 HTCCNE1 HTCONE1 HTCSMW1 HTCCMW1 HTCOMW1 HTCSS1 HTCCS1 HTCOS1 HTCSW1 HTCCW1 HTCOW1 HTC2 HTCNE2 HTCMW2 HTCS2 HTCW2 HTC21 HTC22 HTC23 HTC24 HTCNE21 HTCNE22 HTCNE23 HTCNE24 HTCMW21 HTCMW22 HTCMW23 HTCMW24 HTCS21 HTCS22 HTCS23 HTCS24 HTCW21 HTCW22 HTCW23 HTCW24 © Haver Analytics Vol 1: H&C - 18 Buildings with 1 unit Purpose of construction: Built for sale Contractor-built Owner-built Buildings with 2 units or more Number of units in building: 2 to 4 units 5 to 9 units 10 to 19 units 20 or more units 10/29/10 MANUFACTURED HOMES SURVEY 1 Manufacturers' Shipments of Mobile Homes and Privately Owned Housing Units Started Thousands of units, Monthly, 1959-present SAAR NSA HSM HSMN HSM1 HSM1N HSMT HSMTN Mobile homes: manufacturers' shipments Mobile home shipments plus singlefamily units started 2 Mobile home shipments plus total housing units started 3 New Mobile Homes Placed for Residential Use Thousands of units Monthly, January 1980-present SAAR NSA HPM --HPMNE --HPMMW --HPMS --HPMWE --- HPMN HPM1N HPM2N HPMNEN HPMNE1N HPMNE2N HPMMWN HPMMW1N HPMMW2N HPMSN HPMS1N HPMS2N HPMWEN HPMWE1N HPMWE2N 1 2 3 4 (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) 4 United States Single-Sized Double-Sized Northeast Single-Sized Double-Sized Midwest Single-Sized Double-Sized South Single-Sized Double-Sized West Single-Sized Double-Sized The Manufactured Homes Survey (MHS) is conducted by the U.S.Census Bureau and sponsored by the Department of Housing and Urban Development. MHS produces monthly regional estimates of manufactured homes placements, average sales prices, & dealers’ inventories and more detailed quarterly & annual estimates including selected characteristics of new manufactured homes. The statistics on shipments of manufactured homes are produced by the National Conference of States on Building Codes and Standards (NCSBCS) and published by the Manufactured Housing Institute (MHI). SAAR: HSM1 = mobile home shipments (HSM) + 1-family units started (HST1) NSA: HSM1N= mobile home shipments (HSMN) + 1-family units started (HST1N) SAAR: HSMT = mobile home shipments (HSM) + total housing starts (HST) NSA: HSMTN= mobile home shipments (HSMN) + total housing starts (HSTN) Single-sized and double-sized may not add up to total because totals include manufactured homes with more than two sections. © Haver Analytics Vol 1: H&C - 19 10/29/10 MANUFACTURED HOMES SURVEY, continued Average Sales Price of Mobile Homes 1 Thousands of Dollars Not Seasonally Adjusted, Monthly, January 1980-present Variable HASMN HASM1N HASM2N HASMNEN HASMNE1N HASMNE2N HASMMWN HASMMW1N HASMMW2N HASMSN HASMS1N HASMS2N HASMWN HASMW1N HASMW2N (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) United States Single-sized Double-sized Northeast Single-sized Double-sized Midwest Single-sized Double-sized South Single-sized Double-sized West Single-sized Double-sized Dealers' Inventories: Number of Units on Dealer Lots Thousands of units Monthly, January 1980-present SA NSA HIM --HINE --HIMW --HIS --HIWE --- HIMN HI1N HI2N HINEN HINE1N HINE2N HIMWN HIMW1N HIMW2N HISN HIS1N HIS2N HIWEN HIWE1N HIWE2N 1 (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) (9401-) 1 United States Single-sized Double-sized Northeast Single-sized Double-sized Midwest Single-sized Double-sized South Single-sized Double-sized West Single-sized Double-sized Single-sized and double-sized may not add up to total because totals include manufactured homes with more than two sections. © Haver Analytics Vol 1: H&C - 20 10/29/10 NEW RESIDENTIAL SALES (NEW HOME SALES) New One-Family Houses Sold Thousands of houses SAAR HN1US NSA (6301-) HN1NE HN1MW HN1S HN1W HN1US10P HN1US20P HN1US30P HN1US40P HN1US50P HN1US60P HN1US70P HN1USN HN1NEN HN1MWN HN1SN HN1WN (9901-) (9901-) (9901-) (10201-) (10201-) (10201-) (10201-) -------- HN1US10N HN1US20N HN1US30N HN1US40N HN1US50N HN1US60N HN1US70N HN1US1N HN1US2N HN1US3N HN1US4N HN1US5N HN1US6N HN1US7N ----- HN1FHA HN1VAG HN1CON HN1CASH SA HN1SUS ----HN1MT Monthly, 1973-present (6301-) One-family homes sold By region: Northeast Midwest South West By sales price: New Sales Price Range: (9901-) Under $150,000 (9901-) $150,000 to $199,999 (9901-) $200,000 to $299,999 (10201-) $300,000 to $399,999 (10201-) $400,000 to $499,999 (10201-) $500,000 to $749,999 (10201-) $750,000 and over Old Sales Price Range: (9901-) Under $100,000 (9901-) $100,000 to $124,999 (9901-) $125,000 to 149,999 (9901-) $150,000 to $199,999 (9901-) $200,000 to $249,999 (9901-) $250,000 to $299,999 (9901-) $300,000 and over Quarterly, 1988-present By type of financing: FHA insured VA guaranteed Conventional mortgage Cash New One-Family Houses For Sale at End of Period and Months' Supply at Current Sales Rate Number of houses in thousands, Monthly, 1973-present NSA (6301-) HN1SUSN (6301-) Houses for sale HN1SNEN Northeast HN1SMWN Midwest HN1SSN South HN1SWN West (6301-) HN1MTN (6301-) Months' supply,current sales rate 1 Source: Bureau of the Census and Department of Housing and Urban Development. "New Houses Sold and For Sale." 1 Ratio of houses for sale to houses sold. adjusted components then deseasonalized. © Haver Analytics Ratio derived from not seasonally Vol 1: H&C - 21 10/29/10 NEW RESIDENTIAL SALES (continued) New One-Family Houses Median and Average Sales Price (Incl Value of Improved Lot) Dollars Median Sales Price Average Sales Price HN1PM (6301-) HN1PA (7501-) U.S. total (Monthly, NSA) HN1PMQUS (631-) HN1PAQUS (631-) U.S. total (Quarterly, NSA) By region: (631-) HN1PANE (751-) Northeast HN1PMNE HN1PMMW (631-) HN1PAMW (751-) Midwest HN1PMS (631-) HN1PAS (751-) South HN1PMW (631-) HN1PAW (751-) West By type of financing: HN1PMCON (881-) HN1PACON (881-) Conventional mortgage HN1PMFHA (881-) HN1PAFHA (881-) FHA insured (881-) HN1PAVAG (881-) VA guaranteed HN1PMVAG HN1PMRHS (883-) HN1PARHS (883-) Rural housing services HN1PMCSH (881-) HN1PACSH (881-) Cash HN1PMA (63-) HN1PAA (63-) U.S. total (Annual) 1 By region: HN1PMNEA (63-) HN1PANEA (63-) Northeast HN1PMMWA (63-) HN1PAMWA (63-) Midwest HN1PMSA (63-) HN1PASA (63-) South HN1PMWA (63-) HN1PAWA (63-) West By type of financing: HN1PMMA (88-) HN1PAMA (88-) Conventional mortgage 2 HN1PMFA (88-) HN1PAFA (88-) FHA insured (88-) HN1PAVA (88-) VA guaranteed HN1PMVA HN1PMRA (88-) HN1PARA (88-) Rural housing services (88-) HN1PACA (88-) Cash HN1PMCA HN1PCA (63-) Typical 1996 house Northeast -HN1PCNEA (63-) -HN1PCMWA (63-) Midwest -HN1PCSA (63-) South (63-) West -HN1PCWA Sold New One-Family Houses by Stage of Construction Thousands of units, monthly, 1963-present For Sale During month End of month HN1USCN HN1USUN HN1USNN -- HN1SUCN HN1SUUN HN1SUNN HN1SMKTC (8808-) Houses completed Houses under construction Houses not started Median number of months for sale since completion Source: Bureau of the Census and Department of Housing and Urban Development. "New Houses Sold and For Sale." 1 This series is a census published series. Annual figures aggregated by DLX may differ from the Census published annual series because the annual median and average home sales prices published by the Census are weighted by the number of houses sold each quarter whereas DLX aggregates them equally. 2 Includes houses reporting other types of financing. © Haver Analytics Vol 1: H&C - 22 10/29/10 HOUSING STOCK Thousands of units, Quarterly, 1965-present Quarterly HSTK HOU HOUO HOUR HVU HVUY HVUYR HVUYR1P (934-) HVUYR2P (934-) HVUYS HVUYS1P (934-) HVUYS2P (934-) HVUYO HVUYH HVUYHOU HVUYHTO HVUYHOR HVUS U.S. housing stock 1 Occupied housing units Owner-occupied Renter-occupied Vacant housing units Year-round For rent 1 unit structures (%) 2+ unit structures (%) For sale only 1 unit structures (%) 2+ unit structures (%) Rented or sold Held off market For occasional use Temporarily occupied by persons with usual residence elsewhere For other reasons Seasonal HSTKJ HOUJ HVUJ Break-adjusted 2 Total U.S. housing units Occupied housing units Vacant housing units EXISTING HOME SALES Existing Single-Family Home Sales Thousands of units, monthly NSA SAAR (6801-) (8101-) HX1US HX1NE HX1MW HX1S HX1W HX1USN HX1NEN HX1MWN HX1SN HX1WN Source: Note: 1 United States Northeast Midwest South West National Association of Realtors. National Association of Realtors (NAR) series on existing home sales by state and region, median sales price by metropolitan area and housing affordability data for the total U.S. are available in the REALTOR database. Includes seasonal/migratory mobile homes. There is a break in 2002 because data starting in 2002 have been revised to reflect the Census 2000. Beginning in 2003, the Current Population Survey/Housing Vacancy Survey (CPS/HVS) estimates are controlled to independent housing unit counts. Prior to 1973, the estimates of year-round vacant units will not add to the year-round vacant total because dilapidated units are excluded from the distribution. Source: U.S. Department of Commerce. Bureau of the Census. Housing Vacancy Survey. Table 3. Estimates of Total Housing Inventory. 2 The breaks in these three series in 2002, introduced by the change of methodology by the Census Bureau in 2003, have been adjusted by Haver Analytics by applying the growth rates of the old data to the new data beginning in 2002. © Haver Analytics Vol 1: H&C - 23 10/29/10 Median Sales Price of Existing Homes Dollars, monthly NSA HXTPM HX1PM HACI (9901-) (6801-) Median sales price of all existing homes Median sales price of existing single-family homes (7101-) Housing Affordability Monthly Composite Affordability Index 1 Source: National Association of Realtors. Economics and Research Division. "Home Sales." Note: National Association of Realtors (NAR) series on existing home sales by state and region, median sales price by metropolitan area and housing affordability data for the total U.S. are available in the REALTOR database. PRICE INDEX OF NEW ONE-FAMILY HOUSES SOLD INCLUDING VALUE OF LOT (Quality Adjusted) 2 2005=100, 1963-present Variable HPDEX (771-) HPDNE HPDMW HPDS HPDW Source: United States, quarterly Northeast, annual Midwest, annual South, annual West, annual Bureau of the Census and HUD. "New One-Family Houses Sold." Construction Reports, C25. Table 11 Historical House Price Index (1901-1934) 1929=100 Annual Current 3 Variable HPDO House price index for single-family owner-occupied houses 1 2 3 3 Index=100 when median family income qualifies for an 80% mortgage on a median priced existing single-family home. A rising index indicates that more buyers can afford to enter the market. Index based on kinds of houses sold in 1996. Data are no longer available before 1977 as a new regression method was introduced in 1996 improving the data but creating discontinuity. The data used for computing the price index are obtained from the U.S. Census Bureau's Survey of Construction. This survey collects information on the physical characteristics and sales prices of new one-family houses sold. The five regression models used to estimate the price index, one model for detached units in each census region and one model for all attached units, are designed to measure the contributions of important physical and geographic characteristics to the prices of new houses sold. For example, each house is classified by whether it has less than three bedrooms, three bedrooms, or more than three bedrooms; whether it has no garage or a carport, a one or two car garage, or a garage for three or more cars; etc. Each category is treated qualitatively in that a value of "1" indicates that the house has that characteristic and "0" indicates that the house does not have it. Historical data from 1901 through 1934 are from the Historical Statistics of the United States. The index was assembled by Grebler, Blank, and Winnick. They secured detailed information about home values in 22 cities from the US Department of Commerce, Financial Survey of Urban Housing 1937. This survey collected the value of individual properties in 1934 and in the year that each property had been acquired by the then-present owner. Therefore, some of these homes were acquired as new homes and some as existing homes. © Haver Analytics Vol 1: H&C - 24 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Press Release. Table 1. Rental and Homeowner Vacancy Rates for the U.S. Percent Quarterly, Q1 1956-present Variable HVR HVH U.S. Rental Vacancy Rate 1 U.S. Homeowner Vacancy Rate 2 Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Rental vacancy rate" is "vacant year-round units for rent" divided by "renter-occupied units PLUS vacant year-round units rented but awaiting occupancy PLUS vacant year-round units for rent". 2 "Homeowner vacancy rate" is "vacant year-round units for sale only" divided by "owner-occupied units PLUS vacant year-round units sold but awaiting occupancy PLUS vacant year-round units for sale only". © Haver Analytics Vol 1: H&C - 25 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Press Release. Table 2. Rental and Homeowner Vacancy Rates by Area and Region Percent Quarterly, Q1 1956-present Variable U.S. RENTAL VACANCY RATES 1 By area: Inside metropolitan areas (MAs) In principal cities Not in principal cities (suburbs) Outside metropolitan areas (MAs) By region: Northeast Midwest South West HVR HVRMI HVRMIC HVRMIS HVRMO HVRNE HVRMW HVRS HVRW HVH HVHMI HVHMIC HVHMIS HVHMO (651-) (651-) HVHNE HVHMW HVHS HVHW U.S. HOMEOWNER VACANCY RATES 2 By area: Inside metropolitan areas (MAs) In central cities Not in central cities (suburbs) Outside metropolitan areas (MAs) By region: Northeast Midwest South West Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Rental vacancy rate" is "vacant year-round units for rent" divided by "renter-occupied units PLUS vacant year-round units rented but awaiting occupancy PLUS vacant year-round units for rent". 2 "Homeowner vacancy rate" is "vacant year-round units for sale only" divided by "owner-occupied units PLUS vacant year-round units sold but awaiting occupancy PLUS vacant year-round units for sale only". © Haver Analytics Vol 1: H&C - 26 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Press Release. Table 3. Estimates of Housing Inventory Thousands of units Quarterly, Q1 1965-present Variable Break-adjusted 1 Total U.S. housing units Occupied housing units Vacant housing units HSTKJ HOUJ HVUJ HSTK HOU HOUO HOUR HVU HVUY HVUYR HVUYR1P HVUYR2P HVUYS HVUYS1P HVUYS2P HVUYO HVUYH HVUYHOU HVUYHTO HVUYHOR HVUS (934-) (934-) (934-) (934-) Total U.S. housing units 2 Occupied housing units Owner occupied Renter occupied Vacant housing units Year-round For rent 1 unit structures (%) 2+ unit structures (%) For sale only 1 unit structures (%) 2+ unit structures (%) Rented or sold Held off market For occasional use Temporarily occupied by persons with usual\ residence elsewhere For other reasons Seasonal Source: U.S. Department of Commerce. Bureau of the Census. Housing Vacancy Survey. Table 3. Estimates of Total Housing Inventory. 1 2 The breaks in these three series in 2002, introduced by the change of methodology by the Census Bureau in 2003, have been adjusted by Haver Analytics by applying the growth rates of the old data to the new data beginning in 2002. Includes mobile homes. There is a break in 2002 because data starting in 2002 have been revised to reflect the Census 2000. Beginning in 2003, the Current Population Survey/Housing Vacancy Survey (CPS/HVS) estimates are controlled to independent housing unit counts. © Haver Analytics Vol 1: H&C - 27 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Press Release. Table 4. Homeownership Rates for the U.S. (NSA) Percent Quarterly, Q1 1965-present Variable HRUS 1 U.S. Homeownership Rate (NSA) Press Release. Table 4SA. Homeownership Rates for the U.S. (SA) Percent Quarterly, Q1 1980-present Variable HRUSA U.S. Homeownership Rate (SA) 1 Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Homeownership rate" is the percentage of "occupied housing units" that are "owner occupied housing units". © Haver Analytics Vol 1: H&C - 28 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Press Release. Table 5. Homeownership Rates by Region Percent Quarterly, Q1 1965-present 1 Variable HRUS HRRNE HRRMW HRRS HRRW United States (Not Seasonally Adjusted) Northeast Midwest South West Press Release. Table 6. Homeownership Rates by Age of Householder Percent, Quarterly 1 Variable HRUS HRUS35L HRUS35M HRUS45M HRUS55M HRUS65M (651-) (934-) (934-) (934-) (934-) (934-) United States (Not Seasonally Adjusted) Under 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Homeownership rate" is the percentage of "occupied housing units" that are "owner occupied housing units". © Haver Analytics Vol 1: H&C - 29 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Press Release. Table 7. Homeownership Rates by Race and Ethnicity 1 Percent, Quarterly Variable HRUS HRUSWN HRUSB HRUSO HRUSH (651-) (941-) (941-) (941-) (941-) United States (Not Seasonally Adjusted) White (non-Hispanic) Black 2 Other race 3 Hispanic (of any race) Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Homeownership rate" is the percentage of "occupied housing units" that are "owner occupied housing units". Standard errors for quarterly homeownership rates by race and ethnicity are generally 0.2 percent for White and non-Hispanic White, 0.5 percent for Black, 0.8 percent for Other Race and 0.6 percent for Hispanic. 2 3 Single-race Black householders only starting in 2003. Prior to 2003, includes householders who reported Black whether or not they reported any other race. Starting in 2003, includes people who reported Asian, Native Hawaiian or Other Pacific Islander, or American Indian or Alaska Native regardless of whether they reported any other race, as well as all other combinations of two or more races. Prior to 2003, includes people who reported Asian, Native Hawaiian or Other Pacific Islander, or American Indian or Alaska Native. © Haver Analytics Vol 1: H&C - 30 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Press Release. Table 8. Homeownership Rates by Family Income Percent Quarterly, Q1 1941-present 1 Variable HRUSIG Households with family income greater than or equal to the median family income HRUSIL Households with family income less than the median family income Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Homeownership rate" is the percentage of "occupied housing units" that are "owner occupied housing units". Standard errors for quarterly homeownership rates by race and ethnicity are generally 0.2 percent for White and non-Hispanic White, 0.5 percent for Black, 0.8 percent for Other Race and 0.6 percent for Hispanic. © Haver Analytics Vol 1: H&C - 31 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 1. Vacancy Rates for the U.S. Table 2. Vacancy Rates by Area Percent, Quarterly Variable HVR (561-) HVRMI HVRMIC HVRMIS HVRMO (561-) (651-) (651-) (561-) HVRNE HVRMW HVRS HVRW (561-) (561-) (561-) (561-) HVH (561-) HVHMI HVHMIC HVHMIS HVHMO (561-) (651-) (651-) (561-) HVHNE HVHMW HVHS HVHW (561-) (561-) (561-) (561-) U.S. RENTAL VACANCY RATES 1 By area: Inside metropolitan areas (MAs) In principal cities Not in principal cities (suburbs) Outside metropolitan areas (MAs) By region: Northeast Midwest South West U.S. HOMEOWNER VACANCY RATES 2 By area: Inside metropolitan areas (MAs) In central cities Not in central cities (suburbs) Outside metropolitan areas (MAs) By region: Northeast Midwest South West Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Rental vacancy rate" is "vacant year-round units for rent" divided by "renter-occupied units PLUS vacant year-round units rented but awaiting occupancy PLUS vacant year-round units for rent". 2 "Homeowner vacancy rate" is "vacant year-round units for sale only" divided by "owner-occupied units PLUS vacant year-round units sold but awaiting occupancy PLUS vacant year-round units for sale only". HOUSING VACANCIES AND HOMEOWNERSHIP © Haver Analytics Vol 1: H&C - 32 10/29/10 Table 3. Rental Vacancy Rates by Selected Characteristics 1 Percent, Quarterly Rental Vacancy Rate Percent of Total HVR (561-) HVRTP (934-) HVRR12 HVRR3 HVRR4 HVRR5 HVRR6 (934-) (934-) (934-) (934-) (934-) HVRR12P HVRR3P HVRR4P HVRR5P HVRR6P (934-) (934-) (934-) (934-) (934-) HVR1 HVRH4 HVRH9 HVRHT HVR2 HVR5 (681-) (934-) (934-) (934-) (681-) (681-) HVRP HVRH4P HVRH9P HVRHTP HVR2P HVR5P (934-) (934-) (934-) (934-) (934-) (934-) HVRY1 HVRY2 HVRY3 HVRY4 HVRY5 HVRY6 HVRY7 HVRY8 HVRY9 (1041-) (1041-) (1041-) (1031-) (934-) (934-) (934-) (934-) (934-) HVRY1P HVRY2P HVRY3P HVRY4P HVRY5P HVRY6P HVRY7P HVRY8P HVRY9P (1041-) (1041-) (1041-) (1031-) (934-) (934-) (934-) (934-) (934-) U.S. Total Rental Units Rooms in unit 1 and 2 rooms 3 rooms 4 rooms 5 rooms 6 rooms or more Housing units in structure 1 Unit 2 to 4 units 5 to 9 units 10 units or more 2 or more 5 or more Year structure built April 1, 2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Rental vacancy rate" is "vacant year-round units for rent" divided by "renter-occupied units PLUS vacant year-round units rented but awaiting occupancy PLUS vacant year-round units for rent". © Haver Analytics Vol 1: H&C - 33 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Rental Vacancy Rate HVRM HVRMA HVRMB HVRMC HVRMD HVRME HVRMF HVRMG HVRMH HVRMJ HVRMK HVRML HVRMM HVRMN HVRMT HVRMQ Table 3. Rental Vacancy Rates by Selected Characteristics Percent, Quarterly 1 Percent of Total (934-) (1031-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) (1022-) (1041-) (1041-) (1041-) (1041-) (1041-) HVRMP HVRMAP HVRMBP HVRMCP HVRMDP HVRMEP HVRMFP HVRMGP HVRMHP HVRMJP HVRMKP HVRMLP HVRMMP HVRMNP HVRMTP HVRMQP (934-) (1031-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) (1022-) (1041-) (1041-) (1041-) (1041-) (1041-) Monthly rent, specified renter units All specified renter units Less than $300 $300 to $349 $350 to $399 $400 to $449 $450 to $499 $500 to $599 $600 to $699 $700 to $799 $800 or more $800 to $899 $900 to $999 $1000 or more $1000 to $1249 $1250 to $1499 $1500 or more Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Rental vacancy rate" is "vacant year-round units for rent" divided by "renter-occupied units PLUS vacant year-round units rented but awaiting occupancy PLUS vacant year-round units for rent". © Haver Analytics Vol 1: H&C - 34 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 3. Homeowner Vacancy Rates by Selected Characteristics Percent, Quarterly Homeowner Vacancy Rate Percent of Total HVH (561-) HVHTP (934-) HVHR3 HVHR4 HVHR5 HVHR6 (934-) (934-) (934-) (934-) HVHR3P HVHR4P HVHR5P HVHR6P (934-) (934-) (934-) (934-) Rooms in unit 3 rooms or less 4 rooms 5 rooms 6 rooms or more Housing units in structure 1 unit 2 to 4 units 5 to 9 units 10 units or more 2 or more 5 or more HVH1 HVHH4 HVHH9 HVHHT HVH2 HVH5 (681-) (934-) (934-) (934-) (681-) (721-) HVHP HVHH4P HVHH9P HVHHTP HVH2P HVH5P (934-) (934-) (934-) (934-) (934-) (934-) HVHY1 HVHY2 HVHY3 HVHY4 HVHY5 HVHY6 HVHY7 HVHY8 HVHY9 (1041-) (1041-) (1041-) (1031-) (934-) (934-) (934-) (934-) (934-) HVHY1P HVHY2P HVHY3P HVHY4P HVHY5P HVHY6P HVHY7P HVHY8P HVHY9P (1041-) (1041-) (1041-) (1031-) (934-) (934-) (934-) (934-) (934-) 1 U.S. Total Homeowner Units Year structure built April 1, 2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Homeowner vacancy rate" is "vacant year-round units for sale only" divided by "owner-occupied units PLUS vacant year-round units sold but awaiting occupancy PLUS vacant year-round units for sale only". © Haver Analytics Vol 1: H&C - 35 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 3. Homeowner Vacancy Rates by Selected Characteristics Percent, Quarterly Homeowner Vacancy Rate Percent of Total HVHM HVHMA HVHMB HVHMC HVHMD HVHME HVHMF HVHMG HVHMH HVHMJ HVHMK HVHML HVHMP HVHMAP HVHMBP HVHMCP HVHMDP HVHMEP HVHMFP HVHMGP HVHMHP HVHMJP HVHMKP HVHMLP (934-) (1061-) (1061-) (943-) (1061-) (934-) (934-) (1071-) (1071-) (1071-) (1071-) (1071-) (934-) (1061-) (1061-) (943-) (1061-) (934-) (934-) (1071-) (1071-) (1071-) (1071-) (1071-) 1 Value, specified owner units All specified owner units Less than $50,000 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $149,999 $150,000 to $199,999 $200,000 or more $200,000 to $249,999 $250,000 to $299,999 $300,000 to $399,999 $400,000 to $499,999 $500,000 or more Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Homeowner vacancy rate" is "vacant year-round units for sale only" divided by "owner-occupied units PLUS vacant year-round units sold but awaiting occupancy PLUS vacant year-round units for sale only". © Haver Analytics Vol 1: H&C - 36 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 4. Estimates of Housing Inventory Thousands of units Quarterly, Q1 1965-present Variable Break-adjusted 1 Total U.S. housing units Occupied housing units Vacant housing units HSTKJ HOUJ HVUJ HSTK HOU HOUO HOUR HVU HVUY HVUYR HVUYR1P HVUYR2P HVUYS HVUYS1P HVUYS2P HVUYO HVUYH HVUYHOU HVUYHTO (934-) (934-) (934-) (934-) HVUYHOR HVUS Total U.S. housing units 2 Occupied housing units Owner occupied Renter occupied Vacant housing units Year-round For rent 1 unit structures (%) 2+ unit structures (%) For sale only 1 unit structures (%) 2+ unit structures (%) Rented or sold Held off market For occasional use Temporarily occupied by persons with usual residence elsewhere For other reasons Seasonal Source: U.S. Department of Commerce. Bureau of the Census. Housing Vacancy Survey. Table 3. Estimates of Total Housing Inventory. 1 The breaks in these three series in 2002, introduced by the change of methodology by the Census Bureau in 2003, have been adjusted by Haver Analytics by applying the growth rates of the old data to the new data beginning in 2002. 2 Includes mobile homes. There is a revised to Population controlled © Haver Analytics break in 2002 because data starting in 2002 have been reflect the Census 2000. Beginning in 2003, the Current Survey/Housing Vacancy Survey (CPS/HVS) estimates are to independent housing unit counts. Vol 1: H&C - 37 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 5. Homeownership Rates for the U.S. Table 6. Homeownership Rates by Area 1 1 Percent, Quarterly Variable HRUSA (801-) United States (Seasonally Adjusted) HRUS (651-) United States (Not Seasonally Adjusted) HRUSIM HRUSPC HRUSNP HRUSOM (934-) (934-) (934-) (934-) Inside Metropolitan Statistical Areas 2 In principal cities Not in principal cities (suburbs) Outside Metropolitan Statistical Areas 2 HRRNE HRRMW HRRS HRRW (651-) (651-) (651-) (651-) Northeast Midwest South West Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Homeownership rate" is the percentage of "occupied housing units" that are "owner occupied housing units". 2 Metropolitan Statistical Area data for 2005 and later are not comparable to earlier data. Beginning in first quarter 2005, the Current Population Survey/Housing Vacancy Survey is using the new metropolitan and micropolitan definitions that were announced by the Office of Management and Budget (OMB) in June 2003, and were based on the application of the 2000 standards to Census 2000 data. OMB announced updates as of December 2003, based on application of the 2000 standards to more recent Census Bureau estimates. In this report, outside Metropolitan Statistical Areas includes micropolitan and non-metropolitan statistical areas. © Haver Analytics Vol 1: H&C - 38 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 7. Homeownership Rates by Age of Householder Percent Quarterly, Q4 1993-present Variable HRUS25L HRUS25T HRUS30T HRUS35T HRUS40T HRUS45T HRUS50T HRUS55T HRUS60T HRUS65T HRUS70T HRUS75M HRUS35L HRUS35M HRUS45M HRUS55M HRUS65M 1 By age of householder: Under 25 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 years and over Under 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over Source: Bureau of the Census. "Housing Vacancies and Home Ownership." Current Housing Reports. 1 "Homeownership rate" is the percentage of "occupied housing units" that are "owner occupied housing units". © Haver Analytics Vol 1: H&C - 39 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 8. Characteristics of Vacant Units by Structure Vacant for Rent Units by Unit Structure Median Monthly Rent and Percent Distribution 1 Quarterly US Total 1-unit structures 2+unit structures HVMMRP HVMMR1P HVMMR2P HVMRP HVMARP HVMBRP HVMCRP HVMDRP HVMERP HVMFRP HVMGRP HVMIRP HVMJRP HVMKRP HVMLRP HVMNRP HVMORP HVMPRP HVMQRP HVTRP HVRRP HVR1RP HVR3RP HVR4RP HVR5RP HVRMRP HVBRP HVBNRP HVB1RP HVB2RP HVB3RP © Haver Analytics HVMR1P HVMAR1P HVMBR1P HVMCR1P HVMDR1P HVMER1P HVMFR1P HVMGR1P HVMIR1P HVMJR1P HVMKR1P HVMLR1P HVMNR1P HVMOR1P HVMPR1P HVMQR1P HVTR1P HVRR1P HVR1R1P HVR3R1P HVR4R1P HVR5R1P HVRMR1P HVBR1P HVBNR1P HVB1R1P HVB2R1P HVB3R1P HVMR2P HVMAR2P HVMBR2P HVMCR2P HVMDR2P HVMER2P HVMFR2P HVMGR2P HVMIR2P HVMJR2P HVMKR2P HVMLR2P HVMNR2P HVMOR2P HVMPR2P HVMQR2P HVTR2P HVRR2P HVR1R2P HVR3R2P HVR4R2P HVR5R2P HVRMR2P HVBR2P HVBNR2P HVB1R2P HVB2R2P HVB3R2P (934-) (934-) (1031-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) (1041-) (1041-) (1041-) (1041-) (1041-) (1041-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) Median monthly rent (actual $s) Percent distribution of median monthly rent: Monthly rent, total (100) 2 Less than $300 $300 to $349 $350 to $399 $400 to $449 $450 to $499 $500 to $599 $600 to $699 $700 to $799 $800 or more $800 to $899 $900 to $999 $1000 or more $1000 to $1249 $1250 to $1499 $1500 or more Percent distribution of other characteristics: Vacant for rent, total (100) Rooms in unit, total (100) 1 and 2 rooms 3 rooms 4 rooms 5 rooms or more Median number of rooms Bedrooms in unit, total (100) No bedrooms 1 bedroom 2 bedrooms 3 bedrooms or more Vol 1: H&C - 40 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 8. Characteristics of Vacant Units by Structure Vacant for Rent Units by Unit Structure Median Monthly Rent and Percent Distribution 1 Quarterly US Total 1-unit structures 2+unit structures HVDRP HVDLRP HVD1RP HVD2RP HVD4RP HVD6RP HVDYRP HVDMRP HVDR1P HVDLR1P HVD1R1P HVD2R1P HVD4R1P HVD6R1P HVDYR1P HVDMR1P HVDR2P HVDLR2P HVD1R2P HVD2R2P HVD4R2P HVD6R2P HVDYR2P HVDMR2P (934-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) Duration of vacancy (total=100) Less than 1 month 1 to 2 months 2 to 4 months 4 to 6 months 6 to 12 months 1 to 2 years 2 years or more HVYRP HVY1RP HVY2RP HVY3RP HVY4RP HVY5RP HVY6RP HVY7RP HVY8RP HVY9RP HVYR1P HVY1R1P HVY2R1P HVY3R1P HVY4R1P HVY5R1P HVY6R1P HVY7R1P HVY8R1P HVY9R1P HVYR2P HVY1R2P HVY2R2P HVY3R2P HVY4R2P HVY5R2P HVY6R2P HVY7R2P HVY8R2P HVY9R2P (934-) (1041-) (1041-) (1041-) (1041-) (934-) (934-) (934-) (934-) (934-) Year structure built(total=100) 4/1/2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier HVPTRP HVPORP HVPNRP HVPTR1P HVPOR1P HVPNR1P HVPTR2P HVPOR2P HVPNR2P (934-) (934-) (934-) Previous occupancy (total=100) Previously occupied Not previously occupied Source: Bureau of the Census. Housing Vacancy Survey. 1 Percent distribution may not add to 100 due to rounding. 2 Excludes one-family homes on 10 acres or more. © Haver Analytics Vol 1: H&C - 41 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 8. Characteristics of Vacant Units by Structure Vacant for Sale Units by Unit Structure Median Sales Price and Percent Distribution 1 Quarterly US Total 1-unit structures HVSMSP HVSMS1P HVSSP HVSASP HVSBSP HVSCSP HVSDSP HVSESP HVSFSP HVSGSP HVSISP HVSJSP HVSKSP HVSLSP 2+unit structures (934-) HVSS1P HVSAS1P HVSBS1P HVSCS1P HVSDS1P HVSES1P HVSFS1P HVSGS1P HVSIS1P HVSJS1P HVSKS1P HVSLS1P (934-) (1061-) (934-) (934-) (1061-) (1071-) (1061-) (1071-) (934-) (1071-) (1071-) (1071-) Median sales price (current $) Percent distribution of sales price: Sales price, total (100) 2 Less than $50,000 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $149,999 $150,000 to $199,999 $200,000 to $249,999 $250,000 to $299,999 $300,000 or more $300,000 to $399,999 $400,000 to $499,999 $500,000 or more Percent distribution of other characteristics: HVTSP HVTS1P HVTS2P (934-) Vacant for sale, total (100) HVRSP HVR3SP HVR4SP HVR5SP HVR6SP HVR7SP HVRMSP HVRS1P HVR3S1P HVR4S1P HVR5S1P HVR6S1P HVR7S1P HVRMS1P HVRS2P HVR3S2P HVR4S2P HVR5S2P HVR6S2P HVR7S2P HVRMS2P (934-) (934-) (934-) (934-) (934-) (934-) (934-) Rooms in unit, total (100) 3 rooms or less 4 rooms 5 rooms 6 rooms 7 rooms or more Median number of rooms © Haver Analytics Vol 1: H&C - 42 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 8. Characteristics of Vacant Units by Structure Vacant for Sale Units by Unit Structure Median Sales Price and Percent Distribution 1 Quarterly US Total 1-unit structures 2+unit structures HVBSP HVB1SP HVB2SP HVB3SP HVB4SP HVBS1P HVB1S1P HVB2S1P HVB3S1P HVB4S1P HVBS2P HVB1S2P HVB2S2P HVB3S2P HVB4S2P (934-) (934-) (934-) (934-) (934-) Bedrooms in unit (total=100) 1 bedroom or none 2 bedrooms 3 bedrooms 4 bedrooms or more HVDSP HVDLSP HVD1SP HVD2SP HVD4SP HVD6SP HVDYSP HVDMSP HVDS1P HVDLS1P HVD1S1P HVD2S1P HVD4S1P HVD6S1P HVDYS1P HVDMS1P HVDS2P HVDLS2P HVD1S2P HVD2S2P HVD4S2P HVD6S2P HVDYS2P HVDMS2P (934-) (934-) (934-) (934-) (934-) (934-) (934-) (934-) Duration of vacancy (total=100) Less than 1 month 1 to 2 months 2 to 4 months 4 to 6 months 6 to 12 months 1 to 2 years 2 years or more HVYSP HVY1SP HVY2SP HVY3SP HVY4SP HVY5SP HVY6SP HVY7SP HVY8SP HVY9SP HVYS1P HVY1S1P HVY2S1P HVY3S1P HVY4S1P HVY5S1P HVY6S1P HVY7S1P HVY8S1P HVY9S1P HVYS2P HVY1S2P HVY2S2P HVY3S2P HVY4S2P HVY5S2P HVY6S2P HVY7S2P HVY8S2P HVY9S2P (934-) (1041-) (1041-) (1041-) (1041-) (934-) (934-) (934-) (934-) (934-) Year structure built(total=100) 4/1/2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier HVPTSP HVPOSP HVPNSP HVPTS1P HVPOS1P HVPNS1P HVPTS2P HVPOS2P HVPNS2P (934-) (934-) (934-) Percent distribution of other characteristics: Previous occupancy (total=100) Previously occupied Not previously occupied Source: Bureau of the Census. Housing Vacancy Survey. 1 Percent distribution may not add to 100 due to rounding. 2 Excludes one-family homes on 10 acres or more. © Haver Analytics Vol 1: H&C - 43 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Rent Units by Region Asking Rent and Percent Distribution 1 Quarterly Variable U.S. TOTAL HVAR (881-) HVYRR HVYRRA HVYRRB HVYRRC HVYRRD HVYRRE HVYRRF HVYRRG HVYRRH HVYRRI HVYRRJ HVYRRK HVYRRL HVYRRO HVYRRN (944-) (1041-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (1041-) (1041-) (1041-) (1041-) (1041-) (1041-) HVYR HVYRU HVYRU1 HVYRU2 HVYRU3 HVYRU5 HVYRUT HVYRUB HVYRA HVYRA1 HVYRA3 HVYRA4 HVYRA5 HVYRAD (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) Median asking rent (current dollars) Percent distribution of monthly rent asked: Total (100) Less than $300 $300 to $349 $350 to $399 $400 to $449 $450 to $499 $500 to $599 $600 to $699 $700 to $799 $800 to $899 $900 to $999 $1000 or more $1000 to $1249 $1250 to $1499 $1500 or more 2 Percent distribution of other characteristics: Total vacant for-rent units (100) Units in structure, total (100) 1 unit 2 units 3 and 4 units 5 to 9 units 10 units or more Mobile homes Rooms in unit, total (100) 1 and 2 rooms 3 rooms 4 rooms 5 rooms or more Median number of rooms Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 44 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Rent Units by Region Asking Rent and Percent Distribution 1 Quarterly Variable U.S. TOTAL Percent distribution of other characteristics: HVYRB HVYRBN HVYRB1 HVYRB2 HVYRB3 (944-) (944-) (944-) (944-) (944-) Bedrooms in unit, total (100) No bedrooms 1 bedrooms 2 bedrooms 3 bedrooms or more HVYRD HVYRDL HVYRD1 HVYRD2 HVYRD4 HVYRD6 HVYRDY HVYRMR (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) Duration of vacancy, total (100) Less than 1 month 1 to 2 months 2 to 4 months 4 to 6 months 6 to 12 months 1 to 2 years 2 years or more HVYRY HVYRY1 HVYRY2 HVYRY3 HVYRY4 HVYRY5 HVYRY6 HVYRY7 HVYRY8 HVYRY9 (944-) (1041-) (1041-) (1041-) (1041-) (944-) (944-) (944-) (944-) (944-) HVYRO HVYROP HVYRON (944-) (944-) (944-) Year structure built, total (100) 4/1/2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier Previous occupancy, total (100) Previously occupied Not previously occupied Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 45 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Rent Units by Region Asking Rent and Percent Distribution 1 Quarterly Variable NORTHEAST HVARNE (881-) HVYRRNE HVYRRANE HVYRRBNE HVYRRCNE HVYRRDNE HVYRRENE HVYRRFNE HVYRRGNE HVYRRHNE HVYRRINE HVYRRJNE HVYRRKNE HVYRRLNE HVYRRONE HVYRRNNE (944-) (1041-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (1041-) (1041-) (1041-) (1041-) (1041-) (1041-) HVYRNE HVYRUNE HVYRU1NE HVYRU2NE HVYRU3NE HVYRU5NE HVYRUTNE HVYRUBNE HVYRANE HVYRA1NE HVYRA3NE HVYRA4NE HVYRA5NE HVYRADNE (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) Median asking rent (current dollars) Percent distribution of monthly rent asked: Total (100) Less than $300 $300 to $349 $350 to $399 $400 to $449 $450 to $499 $500 to $599 $600 to $699 $700 to $799 $800 to $899 $900 to $999 $1000 or more $1000 to $1249 $1250 to $1499 $1500 or more 2 Percent distribution of other characteristics: Total vacant for-rent units (100) Units in structure, total (100) 1 unit 2 units 3 and 4 units 5 to 9 units 10 units or more Mobile homes Rooms in unit, total (100) 1 and 2 rooms 3 rooms 4 rooms 5 rooms or more Median number of rooms Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 46 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Rent Units by Region Asking Rent and Percent Distribution 1 Quarterly Variable NORTHEAST Percent distribution of other characteristics: HVYRBNE HVYRBNNE HVYRB1NE HVYRB2NE HVYRB3NE (944-) (944-) (944-) (944-) (944-) Bedrooms in unit, total (100) No bedrooms 1 bedrooms 2 bedrooms 3 bedrooms or more HVYRDNE HVYRDLNE HVYRD1NE HVYRD2NE HVYRD4NE HVYRD6NE HVYRDYNE HVYRMRNE (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) Duration of vacancy, total (100) Less than 1 month 1 to 2 months 2 to 4 months 4 to 6 months 6 to 12 months 1 to 2 years 2 years or more HVYRYNE HVYRY1NE HVYRY2NE HVYRY3NE HVYRY4NE HVYRY5NE HVYRY6NE HVYRY7NE HVYRY8NE HVYRY9NE (944-) (1041-) (1041-) (1041-) (1041-) (944-) (944-) (944-) (944-) (944-) HVYRONE HVYROPNE HVYRONNE (944-) (944-) (944-) Year structure built, total (100) 4/1/2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier Previous occupancy, total (100) Previously occupied Not previously occupied Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 47 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Rent Units by Region Asking Rent and Percent Distribution 1 Quarterly Variable MIDWEST HVARMW (881-) HVYRRMW HVYRRAMW HVYRRBMW HVYRRCMW HVYRRDMW HVYRREMW HVYRRFMW HVYRRGMW HVYRRHMW HVYRRIMW HVYRRJMW HVYRRKMW HVYRRLMW HVYRROMW HVYRRNMW (944-) (1041-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (1041-) (1041-) (1041-) (1041-) (1041-) (1041-) HVYRMW HVYRUMW HVYRU1MW HVYRU2MW HVYRU3MW HVYRU5MW HVYRUTMW HVYRUBMW HVYRAMW HVYRA1MW HVYRA3MW HVYRA4MW HVYRA5MW HVYRADMW (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) Median asking rent (current dollars) Percent distribution of monthly rent asked: Total (100) Less than $300 $300 to $349 $350 to $399 $400 to $449 $450 to $499 $500 to $599 $600 to $699 $700 to $799 $800 to $899 $900 to $999 $1000 or more $1000 to $1249 $1250 to $1499 $1500 or more 2 Percent distribution of other characteristics: Total vacant for-rent units (100) Units in structure, total (100) 1 unit 2 units 3 and 4 units 5 to 9 units 10 units or more Mobile homes Rooms in unit, total (100) 1 and 2 rooms 3 rooms 4 rooms 5 rooms or more Median number of rooms Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 48 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Rent Units by Region Asking Rent and Percent Distribution 1 Quarterly Variable MIDWEST Percent distribution of other characteristics: HVYRBMW HVYRBNMW HVYRB1MW HVYRB2MW HVYRB3MW (944-) (944-) (944-) (944-) (944-) Bedrooms in unit, total (100) No bedrooms 1 bedrooms 2 bedrooms 3 bedrooms or more HVYRDMW HVYRDLMW HVYRD1MW HVYRD2MW HVYRD4MW HVYRD6MW HVYRDYMW HVYRMRMW (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) Duration of vacancy, total (100) Less than 1 month 1 to 2 months 2 to 4 months 4 to 6 months 6 to 12 months 1 to 2 years 2 years or more HVYRYMW HVYRY1MW HVYRY2MW HVYRY3MW HVYRY4MW HVYRY5MW HVYRY6MW HVYRY7MW HVYRY8MW HVYRY9MW (944-) (1041-) (1041-) (1041-) (1041-) (944-) (944-) (944-) (944-) (944-) HVYROMW HVYROPMW HVYRONMW (944-) (944-) (944-) Year structure built, total (100) 4/1/2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier Previous occupancy, total (100) Previously occupied Not previously occupied Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 49 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Rent Units by Region Asking Rent and Percent Distribution 1 Quarterly Variable SOUTH HVARS (881-) HVYRRS HVYRRAS HVYRRBS HVYRRCS HVYRRDS HVYRRES HVYRRFS HVYRRGS HVYRRHS HVYRRIS HVYRRJS HVYRRKS HVYRRLS HVYRROS HVYRRNS (944-) (1041-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (1041-) (1041-) (1041-) (1041-) (1041-) (1041-) HVYRS HVYRUS HVYRU1S HVYRU2S HVYRU3S HVYRU5S HVYRUTS HVYRUBS HVYRAS HVYRA1S HVYRA3S HVYRA4S HVYRA5S HVYRADS (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) Median asking rent (current dollars) Percent distribution of monthly rent asked: Total (100) Less than $300 $300 to $349 $350 to $399 $400 to $449 $450 to $499 $500 to $599 $600 to $699 $700 to $799 $800 to $899 $900 to $999 $1000 or more $1000 to $1249 $1250 to $1499 $1500 or more 2 Percent distribution of other characteristics: Total vacant for-rent units (100) Units in structure, total (100) 1 unit 2 units 3 and 4 units 5 to 9 units 10 units or more Mobile homes Rooms in unit, total (100) 1 and 2 rooms 3 rooms 4 rooms 5 rooms or more Median number of rooms Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 50 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Rent Units by Region Asking Rent and Percent Distribution 1 Quarterly Variable SOUTH HVYRBS HVYRBNS HVYRB1S HVYRB2S HVYRB3S (944-) (944-) (944-) (944-) (944-) HVYRDS HVYRDLS HVYRD1S HVYRD2S HVYRD4S HVYRD6S HVYRDYS HVYRMRS (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) HVYRYS HVYRY1S HVYRY2S HVYRY3S HVYRY4S HVYRY5S HVYRY6S HVYRY7S HVYRY8S HVYRY9S (944-) (1041-) (1041-) (1041-) (1041-) (944-) (944-) (944-) (944-) (944-) HVYROS HVYROPS HVYRONS (944-) (944-) (944-) Percent distribution of other characteristics: Bedrooms in unit, total (100) No bedrooms 1 bedrooms 2 bedrooms 3 bedrooms or more Duration of vacancy, total (100) Less than 1 month 1 to 2 months 2 to 4 months 4 to 6 months 6 to 12 months 1 to 2 years 2 years or more Year structure built, total (100) 4/1/2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier Previous occupancy, total (100) Previously occupied Not previously occupied Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 51 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Rent Units by Region Asking Rent and Percent Distribution 1 Quarterly Variable WEST HVARW (881-) HVYRRW HVYRRAW HVYRRBW HVYRRCW HVYRRDW HVYRREW HVYRRFW HVYRRGW HVYRRHW HVYRRIW HVYRRJW HVYRRKW HVYRRLW HVYRROW HVYRRNW (944-) (1041-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (1041-) (1041-) (1041-) (1041-) (1041-) (1041-) HVYRW HVYRUW HVYRU1W HVYRU2W HVYRU3W HVYRU5W HVYRUTW HVYRUBW HVYRAW HVYRA1W HVYRA3W HVYRA4W HVYRA5W HVYRADW (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) Median asking rent (current dollars) Percent distribution of monthly rent asked: Total (100) Less than $300 $300 to $349 $350 to $399 $400 to $449 $450 to $499 $500 to $599 $600 to $699 $700 to $799 $800 to $899 $900 to $999 $1000 or more $1000 to $1249 $1250 to $1499 $1500 or more 2 Percent distribution of other characteristics: Total vacant for-rent units (100) Units in structure, total (100) 1 unit 2 units 3 and 4 units 5 to 9 units 10 units or more Mobile homes Rooms in unit, total (100) 1 and 2 rooms 3 rooms 4 rooms 5 rooms or more Median number of rooms Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 52 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Rent Units by Region Asking Rent and Percent Distribution 1 Quarterly Variable WEST HVYRBW HVYRBNW HVYRB1W HVYRB2W HVYRB3W (944-) (944-) (944-) (944-) (944-) HVYRDW HVYRDLW HVYRD1W HVYRD2W HVYRD4W HVYRD6W HVYRDYW HVYRMRW (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) HVYRYW HVYRY1W HVYRY2W HVYRY3W HVYRY4W HVYRY5W HVYRY6W HVYRY7W HVYRY8W HVYRY9W (944-) (1041-) (1041-) (1041-) (1041-) (944-) (944-) (944-) (944-) (944-) HVYROW HVYROPW HVYRONW (944-) (944-) (944-) Percent distribution of other characteristics: Bedrooms in unit, total (100) No bedrooms 1 bedrooms 2 bedrooms 3 bedrooms or more Duration of vacancy, total (100) Less than 1 month 1 to 2 months 2 to 4 months 4 to 6 months 6 to 12 months 1 to 2 years 2 years or more Year structure built, total (100) 4/1/2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier Previous occupancy, total (100) Previously occupied Not previously occupied Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 53 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Sale-Only Units by Region Sales Price and Percent Distribution 1 Quarterly Variable U.S. TOTAL HVPD HVYSR HVYSRA HVYSRB HVYSRC HVYSRD HVYSRE HVYSRF HVYSRG HVYSRH HVYSRI HVYSRJ HVYS HVYSU HVYSU1 HVYSU2 HVYSU3 HVYSU5 HVYSUT HVYSUB HVYSA HVYSA3 HVYSA4 HVYSA5 HVYSA6 HVYSA7 HVYSAD (881-) Median sales price (current dollars) (944-) (1071-) (944-) (944-) (1071-) (1071-) (1071-) (1071-) (1071-) (1071-) (1071-) Percent distribution of sales price: Total (100) Less than $50,000 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $149,999 $150,000 to $199,999 $200,000 to $249,999 $250,000 to $299,999 $300,000 to $399,999 $400,000 to $499,999 $500,000 or more (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) 2 Percent distribution of other characteristics: Total vacant for-sale-only (100) Units in structure, total (100) 1 unit 2 units 3 and 4 units 5 to 9 units 10 units or more Mobile homes Rooms in unit, total (100) 3 rooms or less 4 rooms 5 rooms 6 rooms 7 rooms or more Median number of rooms Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 54 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Sale-Only Units by Region Sales Price and Percent Distribution 1 Quarterly Variable U.S. TOTAL HVYSB HVYSB1 HVYSB2 HVYSB3 HVYSB4 (944-) (944-) (944-) (944-) (944-) HVYSD HVYSDL HVYSD1 HVYSD2 HVYSD4 HVYSD6 HVYSDY HVYSDR (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) HVYSY HVYSY1 HVYSY2 HVYSY3 HVYSY4 HVYSY5 HVYSY6 HVYSY7 HVYSY8 HVYSY9 (944-) (1041-) (1041-) (1041-) (1041-) (944-) (944-) (944-) (944-) (944-) HVYSO HVYSOP HVYSON (944-) (944-) (944-) Percent distribution of other characteristics: Bedrooms in unit, total (100) 1 bedroom or none 2 bedrooms 3 bedrooms 4 bedrooms or more Duration of vacancy, total (100) Less than 1 month 1 or 2 months 2 to 4 months 4 to 6 months 6 to 12 months 1 to 2 years 2 years or more Year structure built, total (100) 4/1/2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier Previous occupancy, total (100) Previously occupied Not previously occupied Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 55 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Sale-Only Units by Region Sales Price and Percent Distribution 1 Quarterly Variable NORTHEAST HVPDNE HVYSRNE HVYSRANE HVYSRBNE HVYSRCNE HVYSRDNE HVYSRENE HVYSRFNE HVYSRGNE HVYSRHNE HVYSRINE HVYSRJNE HVYSNE HVYSUNE HVYSU1NE HVYSU2NE HVYSU3NE HVYSU5NE HVYSUTNE HVYSUBNE HVYSANE HVYSA3NE HVYSA4NE HVYSA5NE HVYSA6NE HVYSA7NE HVYSADNE (881-) Median sales price (current dollars) (944-) (1071-) (944-) (944-) (1071-) (1071-) (1071-) (1071-) (1071-) (1071-) (1071-) Percent distribution of sales price: Total (100) Less than $50,000 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $149,999 $150,000 to $199,999 $200,000 to $249,999 $250,000 to $299,999 $300,000 to $399,999 $400,000 to $499,999 $500,000 or more (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) 2 Percent distribution of other characteristics: Total vacant for-sale-only (100) Units in structure, total (100) 1 unit 2 units 3 and 4 units 5 to 9 units 10 units or more Mobile homes Rooms in unit, total (100) 3 rooms or less 4 rooms 5 rooms 6 rooms 7 rooms or more Median number of rooms Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 56 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Sale-Only Units by Region Sales Price and Percent Distribution 1 Quarterly Variable NORTHEAST HVYSBNE HVYSB1NE HVYSB2NE HVYSB3NE HVYSB4NE (944-) (944-) (944-) (944-) (944-) HVYSDNE HVYSDLNE HVYSD1NE HVYSD2NE HVYSD4NE HVYSD6NE HVYSDYNE HVYSDRNE (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) HVYSYNE HVYSY1NE HVYSY2NE HVYSY3NE HVYSY4NE HVYSY5NE HVYSY6NE HVYSY7NE HVYSY8NE HVYSY9NE (944-) (1041-) (1041-) (1041-) (1041-) (944-) (944-) (944-) (944-) (944-) HVYSONE HVYSOPNE HVYSONNE (944-) (944-) (944-) Percent distribution of other characteristics: Bedrooms in unit, total (100) 1 bedroom or none 2 bedrooms 3 bedrooms 4 bedrooms or more Duration of vacancy, total (100) Less than 1 month 1 or 2 months 2 to 4 months 4 to 6 months 6 to 12 months 1 to 2 years 2 years or more Year structure built, total (100) 4/1/2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier Previous occupancy, total (100) Previously occupied Not previously occupied Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 57 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Sale-Only Units by Region Sales Price and Percent Distribution 1 Quarterly Variable MIDWEST HVPDMW HVYSRMW HVYSRAMW HVYSRBMW HVYSRCMW HVYSRDMW HVYSREMW HVYSRFMW HVYSRGMW HVYSRHMW HVYSRIMW HVYSRJMW HVYSMW HVYSUMW HVYSU1MW HVYSU2MW HVYSU3MW HVYSU5MW HVYSUTMW HVYSUBMW HVYSAMW HVYSA3MW HVYSA4MW HVYSA5MW HVYSA6MW HVYSA7MW HVYSADMW (881-) Median sales price (current dollars) (944-) (1071-) (944-) (944-) (1071-) (1071-) (1071-) (1071-) (1071-) (1071-) (1071-) Percent distribution of sales price: Total (100) Less than $50,000 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $149,999 $150,000 to $199,999 $200,000 to $249,999 $250,000 to $299,999 $300,000 to $399,999 $400,000 to $499,999 $500,000 or more (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) 2 Percent distribution of other characteristics: Total vacant for-sale-only (100) Units in structure, total (100) 1 unit 2 units 3 and 4 units 5 to 9 units 10 units or more Mobile homes Rooms in unit, total (100) 3 rooms or less 4 rooms 5 rooms 6 rooms 7 rooms or more Median number of rooms Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 58 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Sale-Only Units by Region Sales Price and Percent Distribution 1 Quarterly Variable MIDWEST Percent distribution of other characteristics: HVYSBMW HVYSB1MW HVYSB2MW HVYSB3MW HVYSB4MW (944-) (944-) (944-) (944-) (944-) Bedrooms in unit, total (100) 1 bedroom or none 2 bedrooms 3 bedrooms 4 bedrooms or more HVYSDMW HVYSDLMW HVYSD1MW HVYSD2MW HVYSD4MW HVYSD6MW HVYSDYMW HVYSDRMW (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) Duration of vacancy, total (100) Less than 1 month 1 or 2 months 2 to 4 months 4 to 6 months 6 to 12 months 1 to 2 years 2 years or more HVYSYMW HVYSY1MW HVYSY2MW HVYSY3MW HVYSY4MW HVYSY5MW HVYSY6MW HVYSY7MW HVYSY8MW HVYSY9MW (944-) (1041-) (1041-) (1041-) (1041-) (944-) (944-) (944-) (944-) (944-) HVYSOMW HVYSOPMW HVYSONMW (944-) (944-) (944-) Year structure built, total (100) 4/1/2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier Previous occupancy, total (100) Previously occupied Not previously occupied Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 59 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Sale-Only Units by Region Sales Price and Percent Distribution 1 Quarterly Variable SOUTH HVPDS HVYSRS HVYSRAS HVYSRBS HVYSRCS HVYSRDS HVYSRES HVYSRFS HVYSRGS HVYSRHS HVYSRIS HVYSRJS HVYSS HVYSUS HVYSU1S HVYSU2S HVYSU3S HVYSU5S HVYSUTS HVYSUBS HVYSAS HVYSA3S HVYSA4S HVYSA5S HVYSA6S HVYSA7S HVYSADS (881-) Median sales price (current dollars) (944-) (1071-) (944-) (944-) (1071-) (1071-) (1071-) (1071-) (1071-) (1071-) (1071-) Percent distribution of sales price: Total (100) Less than $50,000 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $149,999 $150,000 to $199,999 $200,000 to $249,999 $250,000 to $299,999 $300,000 to $399,999 $400,000 to $499,999 $500,000 or more (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) 2 Percent distribution of other characteristics: Total vacant for-sale-only (100) Units in structure, total (100) 1 unit 2 units 3 and 4 units 5 to 9 units 10 units or more Mobile homes Rooms in unit, total (100) 3 rooms or less 4 rooms 5 rooms 6 rooms 7 rooms or more Median number of rooms Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 60 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Sale-Only Units by Region Sales Price and Percent Distribution 1 Quarterly Variable SOUTH HVYSBS HVYSB1S HVYSB2S HVYSB3S HVYSB4S (944-) (944-) (944-) (944-) (944-) HVYSDS HVYSDLS HVYSD1S HVYSD2S HVYSD4S HVYSD6S HVYSDYS HVYSDRS (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) HVYSYS HVYSY1S HVYSY2S HVYSY3S HVYSY4S HVYSY5S HVYSY6S HVYSY7S HVYSY8S HVYSY9S (944-) (1041-) (1041-) (1041-) (1041-) (944-) (944-) (944-) (944-) (944-) HVYSOS HVYSOPS HVYSONS (944-) (944-) (944-) Percent distribution of other characteristics: Bedrooms in unit, total (100) 1 bedroom or none 2 bedrooms 3 bedrooms 4 bedrooms or more Duration of vacancy, total (100) Less than 1 month 1 or 2 months 2 to 4 months 4 to 6 months 6 to 12 months 1 to 2 years 2 years or more Year structure built, total (100) 4/1/2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier Previous occupancy, total (100) Previously occupied Not previously occupied Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 61 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Sale-Only Units by Region Sales Price and Percent Distribution 1 Quarterly Variable WEST HVPDW HVYSRW HVYSRAW HVYSRBW HVYSRCW HVYSRDW HVYSREW HVYSRFW HVYSRGW HVYSRHW HVYSRIW HVYSRJW HVYSW HVYSUW HVYSU1W HVYSU2W HVYSU3W HVYSU5W HVYSUTW HVYSUBW HVYSAW HVYSA3W HVYSA4W HVYSA5W HVYSA6W HVYSA7W HVYSADW (881-) Median sales price (current dollars) (944-) (1071-) (944-) (944-) (1071-) (1071-) (1071-) (1071-) (1071-) (1071-) (1071-) Percent distribution of sales price: Total (100) Less than $50,000 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $149,999 $150,000 to $199,999 $200,000 to $249,999 $250,000 to $299,999 $300,000 to $399,999 $400,000 to $499,999 $500,000 or more (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) 2 Percent distribution of other characteristics: Total vacant for-sale-only (100) Units in structure, total (100) 1 unit 2 units 3 and 4 units 5 to 9 units 10 units or more Mobile homes Rooms in unit, total (100) 3 rooms or less 4 rooms 5 rooms 6 rooms 7 rooms or more Median number of rooms Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 62 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 9. Characteristics of Vacant Units by Region Vacant For-Sale-Only Units by Region Sales Price and Percent Distribution 1 Quarterly Variable WEST Percent distribution of other characteristics: HVYSBW HVYSB1W HVYSB2W HVYSB3W HVYSB4W (944-) (944-) (944-) (944-) (944-) Bedrooms in unit, total (100) 1 bedroom or none 2 bedrooms 3 bedrooms 4 bedrooms or more HVYSDW HVYSDLW HVYSD1W HVYSD2W HVYSD4W HVYSD6W HVYSDYW HVYSDRW (944-) (944-) (944-) (944-) (944-) (944-) (944-) (944-) Duration of vacancy, total (100) Less than 1 month 1 or 2 months 2 to 4 months 4 to 6 months 6 to 12 months 1 to 2 years 2 years or more HVYSYW HVYSY1W HVYSY2W HVYSY3W HVYSY4W HVYSY5W HVYSY6W HVYSY7W HVYSY8W HVYSY9W (944-) (1041-) (1041-) (1041-) (1041-) (944-) (944-) (944-) (944-) (944-) HVYSOW HVYSOPW HVYSONW (944-) (944-) (944-) Year structure built, total (100) 4/1/2000 or later 1995 to 3/31/2000 1990 to 1994 1980 to 1989 1970 to 1979 1960 to 1969 1950 to 1959 1940 to 1949 1939 or earlier Previous occupancy, total (100) Previously occupied Not previously occupied Source: Bureau of the Census. Housing Vacancy Survey. 1 2 Percent distribution may not add to 100 due to rounding. Limited to one-family homes on less than 10 acres and no business on property. © Haver Analytics Vol 1: H&C - 63 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Variable Table 10. Percent Distribution by Type of Unit for U.S. and Inside/Outside Metropolitan Statistical Areas Quarterly HSP HSVP HSVRP HSVSP HSVOP HSVHP HSVHFP HSVHTP (934-) (941-) (934-) (934-) (934-) (934-) (934-) (934-) HSVHOP HSSP HSOP (934-) (934-) (934-) HSVIMP HSVRIMP HSVSIMP HSVOIMP HSVHIMP HSVHFIMP HSVHTIMP (952-) (934-) (934-) (934-) (934-) (934-) HSVHOIMP HSSIMP HSOIMP (934-) (934-) (934-) HSOMP HSVOMP HSVROMP HSVSOMP HSVOOMP HSVHOMP HSVHFOMP HSVHTOMP (934-) (952-) (934-) (934-) (934-) (934-) (934-) (934-) HSVHOOMP HSSOMP HSOOMP (934-) (934-) (934-) (934-) 1 U.S. TOTAL All housing units Year-round vacant housing units For rent For sale only Rented or sold, awaiting occupancy Held off market For occasional use Temporarily occupied by persons with usual residence elsewhere For other reasons Seasonal vacant Occupied INSIDE METROPOLITAN STATISTICAL AREAS Year-round vacant housing units For rent For sale only Rented or sold, awaiting occupancy Held off market For occasional use Temporarily occupied by persons with usual residence elsewhere For other reasons Seasonal vacant Occupied OUTSIDE METROPOLITAN STATISTICAL AREAS All housing units Year-round vacant housing units For rent For sale only Rented or sold, awaiting occupancy Held off market For occasional use Temporarily occupied by persons with usual residence elsewhere For other reasons Seasonal vacant Occupied Please see footnote on the next page. © Haver Analytics Vol 1: H&C - 64 10/29/10 1 Metropolitan Statistical Area data for 2005 and later are not comparable to earlier data. Beginning in first quarter 2005, the Current Population Survey/Housing Vacancy Survey is using the new metropolitan and micropolitan statistical definitions which were announced by the Office of Management and Budget (OMB) in June 2003, and were based on the application of the 2000 standards to Census 2000 data. OMB announced updates as of December 2003, based on application of the 2000 standards to more recent Census Bureau estimates. In this report, outside Metropolitan Statistical Areas includes micropolitan and non-metropolitan statistical areas. The December 2003 definitions are available at http://www.census.gov/population/www/estimates/metrodef.html and http://www.census.gov/population/www/estimates/aboutmetro.html. © Haver Analytics Vol 1: H&C - 65 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 11. Percent Distribution by Type of Unit for the U.S. and Regions Quarterly Variable HSP HSVP HSVRP HSVSP HSVOP HSVHP HSVHFP HSVHTP (934-) (941-) (934-) (934-) (934-) (934-) (934-) (934-) HSVHOP HSSP HSOP (934-) (934-) (934-) HSNEP HSVNEP HSVRNEP HSVSNEP HSVONEP HSVHNEP HSVHFNEP HSVHTNEP (943-) (943-) (943-) (943-) (943-) (943-) (943-) (943-) HSVHONEP HSSNEP HSONEP (943-) (943-) (943-) © Haver Analytics U.S. TOTAL All housing units Year-round vacant For rent For sale only Rented or sold, awaiting occupancy Held off market For occasional use Temporarily occupied by persons with usual residence elsewhere For other reasons Seasonal vacant Occupied NORTHEAST All housing units Year-round vacant For rent For sale only Rented or sold, awaiting occupancy Held off market For occasional use Temporarily occupied by persons with usual residence elsewhere For other reasons Seasonal vacant Occupied Vol 1: H&C - 66 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 11. Percent Distribution by Type of Unit for the U.S. and Regions Quarterly Variable HSMWP HSVMWP HSVRMWP HSVSMWP HSVOMWP HSVHMWP HSVHFMWP HSVHTMWP (943-) (943-) (943-) (943-) (943-) (943-) (943-) (943-) HSVHOMWP HSSMWP HSOMWP (943-) (943-) (943-) HSSOP HSVSOP HSVRSP HSVSSP HSVOSP HSVHSP HSVHFSP HSVHTSP (943-) (934-) (943-) (943-) (943-) (943-) (943-) (943-) HSVHOSP HSSSP HSOSP (943-) (943-) (943-) HSWP HSVWP HSVRWP HSVSWP HSVOWP HSVHWP HSVHFWP HSVHTWP (943-) (943-) (943-) (943-) (943-) (943-) (943-) (943-) HSVHOWP HSSWP HSOWP (943-) (943-) (943-) © Haver Analytics MIDWEST All housing units Year-round vacant For rent For sale only Rented or sold, awaiting occupancy Held off market For occasional use Temporarily occupied by persons with usual residence elsewhere For other reasons Seasonal vacant Occupied SOUTH All housing units Year-round vacant For rent For sale only Rented or sold, awaiting occupancy Held off market For occasional use Temporarily occupied by persons with usual residence elsewhere For other reasons Seasonal vacant Occupied WEST All housing units Year-round vacant For rent For sale only Rented or sold, awaiting occupancy Held off market For occasional use Temporarily occupied by persons with usual residence elsewhere For other reasons Seasonal vacant Occupied Vol 1: H&C - 67 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Historical Tables Table 9. Annual Estimates of Housing Inventory by Region Number in Thousands Annual, 1984-present Northeast Midwest HSTKNE HOUNE HOUONE HOURNE HVUNE HVUYNE HVUYRNE HVUYSNE HVUYONE HVUYHNE HVUYHONE HVUYHTNE HSTKMW HOUMW HOUOMW HOURMW HVUMW HVUYMW HVUYRMW HVUYSMW HVUYOMW HVUYHMW HVUYHOMW HVUYHTMW HVUYHRNE HVUSNE HVUYHRMW HVUSMW South West HSTKS HOUS HOUOS HOURS HVUSO HVUYSO HVUYRS HVUYSS HVUYOS HVUYHS HVUYHOUS HVUYHTOS HSTKW HOUW HOUOW HOURW HVUW HVUYW HVUYRW HVUYSW HVUYOW HVUYHW HVUYHOUW HVUYHTOW HVUYHORS HVUSS HVUYHORW HVUSW © Haver Analytics All housing units Occupied Owner Renter Vacant Year-round For rent For sale only Rented or sold, awaiting occupancy Held off market For occasional use Temporarily occupied by persons with usual residence elsewhere For other reasons Seasonal vacant All housing units Occupied Owner Renter Vacant Year-round For rent For sale only Rented or sold, awaiting occupancy Held off market For occasional use Temporarily occupied by persons with usual residence elsewhere For other reasons Seasonal vacant Vol 1: H&C - 68 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Historical Tables Table 12. US Household Estimates by Age of Householder Number in Thousands Annual, 1982-present Total Owner POPHT POPHO POPHT25 POPHT29 POPHT34 POPHT39 POPHT44 POPHT49 POPHT54 POPHT59 POPHT64 POPHT69 POPHT74 POPHT75 POPHO25 POPHO29 POPHO34 POPHO39 POPHO44 POPHO49 POPHO54 POPHO59 POPHO64 POPHO69 POPHO74 POPHO75 Less than 25 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 years and over POPHT35 POPHT40 POPHT45 POPHT55 POPHT65 POPHO35 POPHO40 POPHO45 POPHO55 POPHO65 Less than 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over POPHTN POPHON No householder © Haver Analytics United States, total Vol 1: H&C - 69 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 15. US Household Estimates by Age of Householder and by Family Status Number in Thousands Annual, 1982-present Total Owner POPHT POPHO United States, total POPHT25 POPHT29 POPHT34 POPHT39 POPHT44 POPHT49 POPHT54 POPHT59 POPHT64 POPHT69 POPHT74 POPHT75 POPHO25 POPHO29 POPHO34 POPHO39 POPHO44 POPHO49 POPHO54 POPHO59 POPHO64 POPHO69 POPHO74 POPHO75 Less than 25 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 years and over POPHT35 POPHT40 POPHT45 POPHT55 POPHT65 POPHO35 POPHO40 POPHO45 POPHO55 POPHO65 Less than 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over POPHTN POPHON No householder © Haver Analytics Vol 1: H&C - 70 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 15. US Household Estimates by Age of Householder and by Family Status Number in Thousands Annual, 1982-present Total POPHTA POPHTA25 POPHTA29 POPHTA34 POPHTA39 POPHTA44 POPHTA49 POPHTA54 POPHTA59 POPHTA64 POPHTA69 POPHTA74 POPHTA75 POPHTA35 POPHTA40 POPHTA45 POPHTA55 POPHTA65 © Haver Analytics Owner POPHOA POPHOA25 POPHOA29 POPHOA34 POPHOA39 POPHOA44 POPHOA49 POPHOA54 POPHOA59 POPHOA64 POPHOA69 POPHOA74 POPHOA75 POPHOA35 POPHOA40 POPHOA45 POPHOA55 POPHOA65 Married couple families Less than 25 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 years and over Less than 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over Vol 1: H&C - 71 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 15. US Household Estimates by Age of Householder and by Family Status Number in Thousands Annual, 1982-present Total POPHTO POPHTB POPHTB25 POPHTB29 POPHTB34 POPHTB39 POPHTB44 POPHTB49 POPHTB54 POPHTB59 POPHTB64 POPHTB69 POPHTB74 POPHTB75 POPHTB35 POPHTB40 POPHTB45 POPHTB55 POPHTB65 POPHTC POPHTC25 POPHTC29 POPHTC34 POPHTC39 POPHTC44 POPHTC49 POPHTC54 POPHTC59 POPHTC64 POPHTC69 POPHTC74 POPHTC75 POPHTC35 POPHTC40 POPHTC45 POPHTC55 POPHTC65 © Haver Analytics Owner POPHOO POPHOB POPHOB25 POPHOB29 POPHOB34 POPHOB39 POPHOB44 POPHOB49 POPHOB54 POPHOB59 POPHOB64 POPHOB69 POPHOB74 POPHOB75 POPHOB35 POPHOB40 POPHOB45 POPHOB55 POPHOB65 POPHOC POPHOC25 POPHOC29 POPHOC34 POPHOC39 POPHOC44 POPHOC49 POPHOC54 POPHOC59 POPHOC64 POPHOC69 POPHOC74 POPHOC75 POPHOC35 POPHOC40 POPHOC45 POPHOC55 POPHOC65 Other families Male householder - no wife present Less than 25 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 years and over Less than 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over Female householder - no husband present Less than 25 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 years and over Less than 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over Vol 1: H&C - 72 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 15. US Household Estimates by Age of Householder and by Family Status Number in Thousands Annual, 1982-present Total POPHT1 POPHTD POPHTD25 POPHTD29 POPHTD34 POPHTD39 POPHTD44 POPHTD49 POPHTD54 POPHTD59 POPHTD64 POPHTD69 POPHTD74 POPHTD75 POPHTD35 POPHTD40 POPHTD45 POPHTD55 POPHTD65 POPHTE POPHTE25 POPHTE29 POPHTE34 POPHTE39 POPHTE44 POPHTE49 POPHTE54 POPHTE59 POPHTE64 POPHTE69 POPHTE74 POPHTE75 POPHTEN POPHTE35 POPHTE40 POPHTE45 POPHTE55 POPHTE65 © Haver Analytics Owner POPHO1 POPHOD POPHOD25 POPHOD29 POPHOD34 POPHOD39 POPHOD44 POPHOD49 POPHOD54 POPHOD59 POPHOD64 POPHOD69 POPHOD74 POPHOD75 POPHOD35 POPHOD40 POPHOD45 POPHOD55 POPHOD65 POPHOE POPHOE25 POPHOE29 POPHOE34 POPHOE39 POPHOE44 POPHOE49 POPHOE54 POPHOE59 POPHOE64 POPHOE69 POPHOE74 POPHOE75 POPHOEN POPHOE35 POPHOE40 POPHOE45 POPHOE55 POPHOE65 One person households Male householder Less than 25 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 years and over Less than 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over Female householder Less than 25 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 years and over No householder Less than 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over Vol 1: H&C - 73 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Table 15. US Household Estimates by Age of Householder and by Family Status Number in Thousands Annual, 1982-present Total POPHT2 POPHTF POPHTF25 POPHTF29 POPHTF34 POPHTF39 POPHTF44 POPHTF49 POPHTF54 POPHTF59 POPHTF64 POPHTF69 POPHTF74 POPHTF75 POPHTF35 POPHTF40 POPHTF45 POPHTF55 POPHTF65 POPHTG POPHTG25 POPHTG29 POPHTG34 POPHTG39 POPHTG44 POPHTG49 POPHTG54 POPHTG59 POPHTG64 POPHTG69 POPHTG74 POPHTG75 POPHTGN POPHTG35 POPHTG40 POPHTG45 POPHTG55 POPHTG65 © Haver Analytics Owner POPHO2 POPHOF POPHOF25 POPHOF29 POPHOF34 POPHOF39 POPHOF44 POPHOF49 POPHOF54 POPHOF59 POPHOF64 POPHOF69 POPHOF74 POPHOF75 POPHOF35 POPHOF40 POPHOF45 POPHOF55 POPHOF65 POPHOG POPHOG25 POPHOG29 POPHOG34 POPHOG39 POPHOG44 POPHOG49 POPHOG54 POPHOG59 POPHOG64 POPHOG69 POPHOG74 POPHOG75 POPHOGN POPHOG35 POPHOG40 POPHOG45 POPHOG55 POPHOG65 Other 2-or-more person Households Male householder Less than 25 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 years and over Less than 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over Female householder Less than 25 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 years and over No householder Less than 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over Vol 1: H&C - 74 10/29/10 HOUSING VACANCIES AND HOMEOWNERSHIP Total POPHTH POPHTH25 POPHTH29 POPHTH34 POPHTH39 POPHTH44 POPHTH49 POPHTH54 POPHTH59 POPHTH64 POPHTH69 POPHTH74 POPHTH75 POPHTH35 POPHTH40 POPHTH45 POPHTH55 POPHTH65 Table 15. US Household Estimates by Age of Householder and by Family Status Number in Thousands Annual, 1982-present Owner POPHOH Single Male Householder 1 POPHOH25 Less than 25 years POPHOH29 25 to 29 years POPHOH34 30 to 34 years POPHOH39 35 to 39 years POPHOH44 40 to 44 years POPHOH49 45 to 49 years POPHOH54 50 to 54 years POPHOH59 55 to 59 years POPHOH64 60 to 64 years POPHOH69 65 to 69 years POPHOH74 70 to 74 years POPHOH75 75 years and over POPHOH35 Less than 35 years POPHOH40 35 to 44 years POPHOH45 45 to 54 years POPHOH55 55 to 64 years POPHOH65 65 years and over POPHTI POPHTI25 POPHTI29 POPHTI34 POPHTI39 POPHTI44 POPHTI49 POPHTI54 POPHTI59 POPHTI64 POPHTI69 POPHTI74 POPHTI75 POPHTI35 POPHTI40 POPHTI45 POPHTI55 POPHTI65 1 2 POPHOI POPHOI25 POPHOI29 POPHOI34 POPHOI39 POPHOI44 POPHOI49 POPHOI54 POPHOI59 POPHOI64 POPHOI69 POPHOI74 POPHOI75 POPHOI35 POPHOI40 POPHOI45 POPHOI55 POPHOI65 Single Female Householder Less than 25 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 years and over Less than 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over 2 Includes the following 3 categories: 1) Male householder no wife present, 2) One person male householders and 3) Other 2 or more person households (male headed) Includes the following 3 categories: 1) Female householder no husband present, 2) One person female householders and 3) Other 2 or more person households (female headed) © Haver Analytics Vol 1: H&C - 75 10/29/10 © Haver Analytics Vol 1: H&C - 76 10/29/10 VALUE OF CONSTRUCTION PUT IN PLACE BY END USAGE (NEW CLASSIFICATION) Current Press Release 1 Millions of Dollars, Monthly SAAR NSA CPT CPTR CPTNR CPTL CPTO CPTC CPTH CPTE CPTF CPTU CPTA CPTT CPTK CPTP CPTY CPTD CPTW CPTQ CPTM (6401-) CPV CPVR CPVD CPVL CPVO CPVC CPVH CPVE CPVF CPVA CPVT CPVK CPVP CPVM (6401-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (6401-) (6401-) (9301-) (9301-) (9301-) (9301-) (9301-) (9301-) (9301-) (9301-) (9301-) (9301-) (9301-) CPTN CPTRN CPTNRN CPTLN CPTON CPTCN CPTHN CPTEN CPTFN CPTUN CPTAN CPTTN CPTKN CPTPN CPTYN CPTDN CPTWN CPTQN CPTMN (6401-) CPVN CPVRN CPVDN CPVLN CPVON CPVCN CPVHN CPVEN CPVFN CPVAN CPVTN CPVKN CPVPN CPVMN (6401-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (6401-) (6401-) (9301-) (9301-) (9301-) (9301-) (9301-) (6401-) (9301-) (9301-) (9301-) (9301-) (9301-) Total construction 2 Residential Nonresidential Lodging Office Commercial Health care Educational Religious Public safety Amusement and recreation Transportation Communication Power Highway and street Sewage and waste disposal Water supply Conservation and development Manufacturing Total private construction 3 Residential 4 Nonresidential 4 Lodging Office Commercial Health care Educational Religious Amusement and recreation Transportation Communication Power Manufacturing Please see footnotes on page 79. © Haver Analytics Vol 1: H&C - 77 10/29/10 VALUE OF CONSTRUCTION PUT IN PLACE BY END USAGE (NEW CLASSIFICATION) Current Press Release Millions of Dollars, Monthly SAAR CPG CPGR CPGNR CPGO CPGC CPGH CPGE CPGU CPGA CPGT CPGP CPGY CPGD CPGW CPGQ NSA (4612-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) CPGN CPGRN CPGNRN CPGON CPGCN CPGHN CPGEN CPGUN CPGAN CPGTN CPGPN CPGYN CPGDN CPGWN CPGQN (6401-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) Total public construction 5 Residential Nonresidential Office Commercial Health care Educational Public safety Amusement and recreation Transportation Power Highway and street Sewage and waste disposal Water supply Conservation and development Please see footnotes on page 79. © Haver Analytics Vol 1: H&C - 78 10/29/10 1 Beginning in 1993, the Construction Expenditures Branch of the Manufacturing and Construction Division began collecting "Value of Construction Put in Place" data for private nonresidential and state and local govt projects using a new classification system. This new system allows the classification of construction with one generalized coding scheme which bases project types on their end usage instead of building/nonbuilding and ownership types. Due to changes in project classifications, comparisons of these new data with previously published data can only be made at the total level. Some categories (lodging, office, educational, religious) seem identical to previously published data but their values are not comparable because of changes within the classifications. For example, private medical office buildings were classified as "office" buildings previously, but under the new classification these buildings are in "health care." 2 Detail may not add to total due to rounding. Data for SAAR and NSA construction (CPT & CPTN) from 1964 through 1992 are based on the old classification of construction spending. Data beginning in January 1993 are based on the new classification system which bases project types on their end usage instead of building/ nonbuilding and ownership types. The Census considers this series to be continuous. 3 Detail will not add to total because the following categories are not shown separately: public safety, highway and street, sewage and waste disposal, water supply, and conservation and development. Data for SAAR and NSA total private construction (CPV and CPVN) from 1964 through 1992 are based on the old classification of construction spending. Data beginning in January 1993 are based on the new classification system which bases project types on their end usage instead of building/nonbuilding and ownership types. The Census considers these series to be continuous. 4 Data for SAAR and NSA residential private construction (CPVR and CPVRN) from 1964 through 1992 are based on the old classification of construction spending. Data beginning in January 1993 are based on the new classification system which bases project types on their end usage instead of building/nonbuilding and ownership types. The Census considers these series to be continuous. 5 Detail will not add to total because the following categories are not shown separately: Lodging, religious, communication & manufacturing. Data for NSA total public construction (CPGN) from 1964 through 1992 are based on the old classification of construction spending. Data beginning in January 1993 are based on the new classification system which bases project types on their end usage instead of building/nonbuilding and ownership types. The Census considers this series to be continuous. © Haver Analytics Vol 1: H&C - 79 10/29/10 VALUE OF CONSTRUCTION PUT IN PLACE BY END USAGE (NEW CLASSIFICATION) Monthly Construction Expenditures 1 Millions of Dollars, Monthly, January 1993-present NSA SAAR CPV (6401-) CPVR (6401-) CPVRH CPVR1 CPVRM CPVRI CPVD (6401-) CPVL CPVO CPVOG CPVOF CPVC CPVCA CPVCAS CPVCAR CPVCAP CPVCF CPVCFF CPVCFB CPVCR CPVCRG CPVCRC CPVCRM CPVCC CPVCCD CPVCCB CPVCCO CPVCW CPVCWG CPVCWM CPVH CPVHH CPVHM CPVHS CPVE CPVEE CPVEP CPVEC CPVECI CPVECD CPVECS CPVEO CPVEOM CPVN (6401-) CPVRN (6401-) CPVRHN (6401-) CPVR1N (6401-) CPVRMN (6401-) CPVRIN (6401-) CPVDN (6401-) CPVLN CPVON CPVOGN CPVOFN CPVCN CPVCAN CPVCASN CPVCARN CPVCAPN CPVCFN CPVCFF CPVCFBN CPVCRN CPVCRGN CPVCRCN CPVCRMN CPVCCN CPVCCDN CPVCCBN CPVCCON CPVCWN CPVCWGN CPVCWMN CPVHN CPVHHN CPVHMN CPVHSN CPVEN CPVEEN CPVEPN CPVECN CPVECIN CPVECDN CPVECSN CPVEON CPVEOMN Total Private Construction 2 Residential 3 New housing 10 New single family 4 New multi-family 4 Improvements 9 Nonresidential 5 Lodging Office General Financial Commercial {incl farm} Automotive Sales Service/parts Parking Food/beverage Food Dining/drinking Multi-retail General merchandise Shopping center Shopping mall Other commercial Drug store Building supply store Other stores Warehouse General commercial Mini-storage Health care Hospital Medical building Special care Educational Preschool Primary/secondary Higher education Instructional Dormitory Sports/recreation Other educational Gallery/museum Please see footnotes on page 85. © Haver Analytics Vol 1: H&C - 80 10/29/10 VALUE OF CONSTRUCTION PUT IN PLACE BY END USAGE (NEW CLASSIFICATION) Monthly Construction Expenditures 1 Millions of Dollars, Monthly, January 1993-present SAAR NSA Nonresidential, continued CPVF CPVFH CPVFO CPVFOX CPVFN (6401-) CPVFHN CPVFON CPVFOXN Religious House of worship Other religious Auxiliary building CPVA CPVAT CPVAA CPVAF CPVAM CPVAS CPVAC CPVT CPVTA CPVTL CPVK CPVP CPVPE CPVM CPVMF CPVMC CPVMP CPVMNM CPVMM CPVME CPVMT CPVAN CPVATN CPVAAN CPVAFN CPVAMN CPVASN CPVACN CPVTN CPVTAN CPVTLN CPVKN CPVPN CPVPEN CPVMN CPVMFN CPVMCN CPVMPN CPVMNMN CPVMMN CPVMEN CPVMTN Amusement and recreation Theme/amusement park Sports Fitness Performance/meeting center Social center Movie theater/studio Transportation Air Land Communication Power {incl gas and oil} Electric Manufacturing Food/beverage/tobacco Chemical Plastic/rubber Nonmetallic mineral Fabricated metal Computer/electronic/electrical Transportation equipment Please see footnotes on page 85. © Haver Analytics Vol 1: H&C - 81 10/29/10 VALUE OF CONSTRUCTION PUT IN PLACE BY END USAGE (NEW CLASSIFICATION) Monthly Construction Expenditures 1 Millions of Dollars, Monthly, January 1993-present SAAR NSA CPGS (6401-) CPGSR CPGSRM CPGSNR CPGSO CPGSC CPGSCA CPGSCP CPGSH CPGSHH CPGSHM CPGSHS CPGSE CPGSEP CPGSEPE CPGSEPM CPGSEPH CPGSEC CPGSECI CPGSECD CPGSECS CPGSECF CPGSEO CPGSEOL CPGSU CPGSUC CPGSUCD CPGSUCP CPGSUO CPGSUOF CPGSA CPGSAA CPGSAM CPGSAMC CPGSAS CPGSASB CPGSAP CPGSN (6401-) CPGSRN CPGSRMN CPGSNRN CPGSON CPGSCN CPGSCAN CPGSCPN CPGSHN CPGSHHN CPGSHMN CPGSHSN CPGSEN CPGSEPN CPGSEPEN CPGSEPMN CPGSEPHN CPGSECN CPGSECIN CPGSECDN CPGSECSN CPGSECFN CPGSEON CPGSEOLN CPGSUN CPGSUCN CPGSUCDN CPGSUCPN CPGSUON CPGSUOFN CPGSAN CPGSAAN CPGSAMN CPGSAMCN CPGSASN CPGSASBN CPGSAPN Total State and Local Construction Residential Multi-family Nonresidential Office Commercial Automotive Parking Health care Hospital Medical building Special care Educational Primary/secondary Elementary Middle/junior high High Higher education Instructional Dormitory Sports/recreation Infrastructure Other educational Library/archive Public safety Correctional Detention Police/sheriff Other public safety Fire/rescue Amusement and recreation Sports Performance/meeting center Convention center Social center Neighborhood center Park/camp 6 Please see footnotes on page 85. © Haver Analytics Vol 1: H&C - 82 10/29/10 VALUE OF CONSTRUCTION PUT IN PLACE BY END USAGE (NEW CLASSIFICATION) Monthly Construction Expenditures 1 Millions of Dollars, Monthly, January 1993-present SAAR NSA State and Local Construction, continued CPGST CPGSTA CPGSTAT CPGSTAR CPGSTL CPGSTLT CPGSTLM CPGSTW CPGSTWM CPGSP CPGSY CPGSYP CPGSYL CPGSYB CPGSYR CPGSD CPGSDS CPGSDSP CPGSDSL CPGSDW CPGSDWP CPGSDWL CPGSW CPGSWP CPGSWL CPGSWS CPGSQ CPGSQD CPGSQB CPGSTN CPGSTAN CPGSTATN CPGSTARN CPGSTLN CPGSTLTN CPGSTLMN CPGSTWN CPGSTWMN CPGSPN CPGSYN CPGSYPN CPGSYLN CPGSYBN CPGSYRN CPGSDN CPGSDSN CPGSDSPN CPGSDSLN CPGSDWN CPGSDWPN CPGSDWLN CPGSWN CPGSWPN CPGSWLN CPGSWSN CPGSQN CPGSQDN CPGSQBN 6 Transportation Air Passenger terminal Runway Land Passenger terminal Mass transit Water Dock/marina Power Highway and street Pavement Lighting Bridge Rest facility Sewage and waste disposal Sewage/dry waste Plant Line/pump station Waste water Plant Line/drain Water supply Plant Line Pump station Conservation and development Dam/levee Breakwater/jetty Please see footnotes on page 85. © Haver Analytics Vol 1: H&C - 83 10/29/10 VALUE OF CONSTRUCTION PUT IN PLACE BY END USAGE (NEW CLASSIFICATION) Monthly Construction Expenditures 1 Millions of Dollars, Monthly SAAR CPGF CPGFR CPGFNR CPGFO CPGFC CPGFH CPGFE CPGFU CPGFA CPGFT CPGFP CPGFY CPGFD CPGFW CPGFQ NSA (6401-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) CPGFN CPGFRN CPGFNRN CPGFON CPGFCN CPGFHN CPGFEN CPGFUN CPGFAN CPGFTN CPGFPN CPGFYN CPGFDN CPGFWN CPGFQN (6401-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) (10201-) Total Federal Construction 7 Residential Nonresidential Office Commercial Health care Educational Public safety Amusement and recreation Transportation Power Highway and street Sewage and Waste Disposal 8 Water Supply 8 Conservation and development Please see footnotes on page 85. © Haver Analytics Vol 1: H&C - 84 10/29/10 VALUE OF CONSTRUCTION PUT IN PLACE BY END USAGE (continued) 1 2 3 4 5 6 7 8 9 10 Details may not add up to totals since all types of construction are not shown separately. Beginning in 1993, the Construction Expenditures Branch of The Manufac turing and Construction Division began collecting "Value of Construction Put in Place" data for private nonresidential and state and local govt projects using a new classification system. This new system allows the classification of construction with one generalized coding scheme which bases project types on their end usage instead of building/nonbuilding and ownership types. Due to changes in project classifications, comparisons of these new data with previously published data can only be made at the total level. Some categories (lodging, office, educational, religious) seem identical to previously published data but their values are not comparable because of changes within the classifications. For example, private medical office buildings were classified as "office" buildings previously, but under the new classification these buildings are in "health care." Total private construction includes the following categories not shown: public safety, highway and street, sewage and waste disposal, water and conservation and development. Data for SAAR and NSA total private construction (CPV and CPVN) from 1964 through 1992 are based on the old classification of construction spending. Data beginning in January 1993 are based on the new classification system which bases project types on their end usage instead of building/nonbuilding and ownership types. The Census considers these series to be continuous. Data for SAAR and NSA residential private construction (CPVR and CPVRN) from 1964 through 1992 are based on the old classification of construction spending. Data beginning in January 1993 are based on the new classification system which bases project types on their end usage instead of building/nonbuilding and ownership types. The Census considers these series to be continuous. Data for NSA single-family (CPVR1N) and multi-family (CPVRMN) from 1964 through 1992 are based on the old classification of construction spending. Data beginning in January 1993 are based on the new classification system which bases project types on their end usage instead of building/nonbldg and ownership types. The Census considers these series to be continuous. Detail will not add to total because the following categories are not shown: public safety, highway and street, sewage and waste disposal, water and conservation and development. Detail will not add to total State and Local construction because the following categories are not shown: lodging, religious, communication and manufacturing. Data for NSA Total State and Local Construction (CPGSN) from 1964 through 1992 are based on the old classification of construction spending. Data beginning in January 1993 are based on the new classification system which bases project types on their end usage instead of building/nonbldg and ownership types. The Census considers this series to be continuous. Detail will not add to total Federal construction because the following categories are not shown: lodging, religious, communication, sewage and waste disposal, water supply, and manufacturing. Data for NSA Total Federal Construction (CPGFN) from 1964 through 2000 are based on the old classification of construction spending. The Census considers this series to be continuous. Calculated by Haver Analytics from Public construction less State and Local. Calculated by Haver Analytics by subtracting "new single family residential construction" and "new multi-family residential construction" from "total residential construction". New housing is calculated by Haver Analytics; it is the sum of single family and multi-family. © Haver Analytics Vol 1: H&C - 85 10/29/10 VALUE OF NEW CONSTRUCTION PUT IN PLACE BY TYPE OF BUILDING OLD CLASSIFICATION (DISCONTINUED) Billions of dollars, seasonally adjusted at annual rates Monthly, January 1964-May 2003 Current Dollars 1996 Dollars CPB CPBC CPBP CPBPR CPBPRN CPBPRN1 CPBPRN2 CPBPC CPBPRC CPBPRNC CPBPRN1C CPBPRN2C Private construction 2 Residential buildings 3 New housing units 1-unit structures 2 or more unit structures CPBPNC CPBPNIC CPBPNOC CPBPNHC CPBPNCOC CPBPNRC CPBPNEC CPBPNHIC CPBPNMC Nonresidential buildings Industrial Office Hotels and motels Other commercial Religious Educational Hospital and institutional Miscellaneous buildings CPBPN CPBPNI CPBPNO CPBPNH CPBPNCO CPBPNR CPBPNE CPBPNHI CPBPNM (4701-) (7201-) CPBPT CPBPA CPBU CPBUH CPBUI CPBUE CPBUHO CPBUO CPBUR CPBUM CPBUD CPBUS CPBUW CPBUMP 1 2 3 CPBPTC CPBPAC (4601-) (4601-) CPBUC CPBUHC CPBUIC CPBUEC CPBUHOC CPBUOC CPBURC CPBUMC CPBUDC CPBUSC CPBUWC CPBUMPC Value of new construction (7201-) Telecommunications All other private Public construction Housing and redevelopment Industrial Educational Hospital Other public buildings Highways and streets Military facilities Conservation and development Sewer systems Water supply facilities Miscellaneous public Updated from monthly press release on the first business day of the month; data are only available in billions. Data in millions are updated within days. Includes these categories of private construction not shown separately: residential improvements, railroads, electric light and power, gas, petroleum pipelines, and farm nonresidential. Includes improvements. © Haver Analytics Vol 1: H&C - 86 10/29/10 VALUE OF NEW CONSTRUCTION PUT IN PLACE BY TYPE OF BUILDING OLD CLASSIFICATION (DISCONTINUED) Millions of dollars, seasonally adjusted at annual rates Monthly, January 1964-May 2003 Current Dollars 1996 Dollars CP CPC CPP CPPR CPPRN CPPRN1 CPPRN2 CPPC CPPRC CPPRNC CPPRN1C CPPRN2C Private construction 2 Residential buildings 3 New housing units 1-unit structures 2 or more unit structures CPPNC CPPNIC CPPNOC CPPNHC CPPNCOC CPPNRC CPPNEC CPPNHIC CPPNMC Nonresidential buildings Industrial Office Hotels and motels Other commercial Religious Educational Hospital and institutional Miscellaneous buildings CPPN CPPNI CPPNO CPPNH CPPNCO CPPNR CPPNE CPPNHI CPPNM (4701-) (7201-) CPPT CPPA CPPTC CPPAC CPU CPUB CPUH CPUI CPUE CPUHO CPUO CPUR CPUM CPUD CPUS CPUW CPUMP (4601-) (4601-) CPUC CPUBC CPUHC CPUIC CPUEC CPUHOC CPUOC CPURC CPUMC CPUDC CPUSC CPUWC CPUMPC Value of new construction (6401-) Telecommunications All other private Public construction Buildings Housing and redevelopment Industrial Educational Hospital Other public buildings Highways and streets Military facilities Conservation and development Sewer systems Water supply facilities Miscellaneous public 2 Includes the following categories of private construction not shown separately: residential improvements, railroads, electric light and power, gas, petroleum pipelines, and farm nonresidential. 3 Includes improvements. © Haver Analytics Vol 1: H&C - 87 10/29/10 VALUE OF NEW CONSTRUCTION PUT IN PLACE BY TYPE OF BUILDING OLD CLASSIFICATION (DISCONTINUED) Millions of dollars, not seasonally adjusted Monthly, January 1964-May 2003 Current Dollars 1996 Dollars CPN CPNC CPNP CPNPR CPNPRN CPNPRN1 CPNPRN2 CPNPC CPNPRC CPNPRNC CPNPRN1C CPNPRN2C Private construction 2 Residential buildings 3 New housing units 1-unit structures 2 or more unit structures CPNPN CPNPNI CPNPNO CPNPNH CPNPNCO CPNPNR CPNPNE CPNPNHI CPNPNM CPNPNC CPNPNIC CPNPNOC CPNPNHC CPNPNCOC CPNPNRC CPNPNEC CPNPNHIC CPNPNMC Nonresidential buildings Industrial Office Hotels and motels Other commercial Religious Educational Hospital and institutional Miscellaneous buildings (6401-) CPNPT CPNPA CPNPTC CPNPAC CPNU CPNUB CPNUH CPNUI CPNUE CPNUHO CPNUO CPNUC CPNUBC CPNUHC CPNUIC CPNUEC CPNUHOC CPNUOC CPNUR CPNUM CPNUD CPNUS CPNUW CPNUMP CPNURC CPNUMC CPNUDC CPNUSC CPNUWC CPNUMPC 2 3 New construction (6401-) Telecommunications All other private Public construction Buildings Housing and redevelopment Industrial Educational Hospital Other public buildings Highways and streets Military facilities Conservation and development Sewer systems Water supply facilities Miscellaneous public Includes the following categories of private construction not shown separately: residential improvements, railroads, electric light and power, gas, petroleum pipelines, and farm nonresidential. Includes improvements. © Haver Analytics Vol 1: H&C - 88 10/29/10 VALUE OF NEW PUBLIC CONSTRUCTION PUT IN PLACE BY TYPE OF BUILDING OLD CLASSIFICATION (DISCONTINUED) Millions of dollars, seasonally adjusted at annual rates Monthly, 1964-present Current 1996 Dollars Dollars CPSL CPSLC CPSLB CPSLBHR CPSLBE CPSLBH CPSLBO CPSLHS CPSLCD CPSLSS CPSLW CPSLM CPSLBC CPSLBHRC CPSLBEC CPSLBHC CPSLBOC CPSLHSC CPSLCDC CPSLSSC CPSLWC CPSLMC CPF CPFC CPFB CPFBHR CPFBI CPFBE CPFBH CPFBO CPFHS CPFMF CPFCD CPFM CPFBC CPFBHRC CPFBIC CPFBEC CPFBHC CPFBOC CPFHSC CPFMFC CPFCDC CPFMC State and locally owned public construction Buildings Housing and redevelopment Educational Hospital Other buildings 1 Highways and streets Conservation and development Sewer systems Water supply facilities Miscellaneous construction 2 Federally owned public construction Buildings Housing and redevelopment Industrial Educational Hospital Other buildings 3 Highways and streets 4 Military facilities Conservation and development Miscellaneous construction 5 Millions of dollars, not seasonally adjusted Monthly, 1964-present CPNSL CPNSLC CPNSLB CPNSLBHR CPNSLBE CPNSLBH CPNSLBO CPNSLHS CPNSLCD CPNSLSS CPNSLW CPNSLM CPNSLBC CPNSLBRC CPNSLBEC CPNSLBHC CPNSLBOC CPNSLHSC CPNSLCDC CPNSLSSC CPNSLWC CPNSLMC © Haver Analytics State and locally owned construction Buildings Housing and redevelopment Educational Hospital Other buildings 1 Highways and streets Conservation and development Sewer systems Water supply facilities Miscellaneous construction 2 Vol 1: H&C - 89 10/29/10 VALUE OF NEW PUBLIC CONSTRUCTION PUT IN PLACE BY TYPE OF BUILDING OLD CLASSIFICATION (DISCONTINUED) Millions of dollars, not seasonally adjusted Monthly, 1964-present Current Dollars 1996 Dollars CPNF CPNFC CPNFB CPNFBHR CPNFBI CPNFBE CPNFBH CPNFBO CPNFBC CPNFBHRC CPNFBIC CPNFBEC CPNFBHC CPNFBOC Buildings Housing and redevelopment Industrial Educational Hospital Other buildings 3 CPNFHS CPNFMF CPNFCD CPNFM CPNFHSC CPNFMFC CPNFCDC CPNFMC Highways and streets 4 Military facilities Conservation and development Miscellaneous construction 5 Federally owned public construction 1 Includes general administrative buildings, prisons, police and fire stations, courthouses, passenger terminals, civic centers, etc. 2 Includes open amusement and recreational facilities, power generating facilities, transit systems, airfields, open parking facilities, etc. 3 Includes federal office buildings, prisons, courthouses, space facilities, postal facilities, etc. 4 The residual, "highways and streets," is derived by subtracting published components of "federally owned public construction" from that category. 5 Includes federal airport facilities, fish and wildlife preservation facilities, VA cemeteries, etc. © Haver Analytics Vol 1: H&C - 90 10/29/10 CONSTRUCTION COST INDEXES New Classification (By End Usage) 2005=100, not seasonally adjusted, monthly, 1964-present Variable CCIHF Fixed-weighted houses-under-construction price index 1 CCIHD Price deflator: houses under construction 1 CCITUR Turner Construction Company Nonresidential Construction Cost Index DISCONTINUED CONSTRUCTION COST INDEXES Old Classification (By Building Type) 1996=100, not seasonally adjusted, monthly, 1964-present Variable COND Fixed-weighted composite construction price index CONJ Implicit price deflator: 2 construction put in place 3 First-day-of-month, 1964-present CCIEC Engineering News-Record Construction Cost Index Covers material items (structural steel, 2x4 lumber and Portland cement) and the common labor rate CCIEB Engineering News-Record Building Cost Index Covers same material items but the skilled labor rate Quarterly, 1964-present CCIHWY Federal Highway Administration Composite Index CCIREC Bureau of Reclamation Index Covers costs of Federal contracts for flood control, conservation, irrigation, etc. Source: U.S. Department of Commerce. Bureau of the Census. C30. "Value of New Construction Put in Place." Current Construction Reports, 1 The houses under construction indexes are a group of price indexes designed for use in deriving a constant dollar series from the current dollar series of one-family value put in place. The indexes are formed with data for houses built for sale, contractor-built houses, owner-built houses, and houses built for rent. All indexes apply to the construction cost of new houses that are under construction as defined for the one-family value put in place estimates. Construction cost excludes the value of land and other nonconstruction costs. 2 This index is a weighted average of the individual price series used to deflate the Value of New Construction Put in Place (VIP) series. In calculating the index, the weights (based on the composition of current dollar VIP in 1996) are held constant. Consequently, the index reflects only changes in prices. 3 A derived ratio of total current to total constant VIP (multiplied by 100). It is the average of the individual price indexes used in the deflation of VIP, but the prices are weighted by the composition of VIP each period. As a result the implicit price deflator reflects not only changes in price, but also changes in the composition of VIP and its use as a measure of price change is discouraged by Census. © Haver Analytics Vol 1: H&C - 91 10/29/10 © Haver Analytics Vol 1: H&C - 92 10/29/10 EXPENDITURES FOR RESIDENTIAL IMPROVEMENTS AND REPAIRS Data are released after a long lag: Q1 '96 came out on 12/17/96 Detail might not add due to rounding. Census awaits the Consumer Expenditure Survey from BLS All Residential Properties Quarterly, 1966-present Variable SAAR, Billions of Dollars (Table 1) Expenditures on all residential properties Maintenance & repairs Improvements Additions & alterations (DISCONTINUED) Major replacements (DISCONTINUED) HIR HIRM HIRI HIRAA HIRMR HIRN HIRMN HIRIN (621-) (621-) (621-) HIRIADN HIRIALN HIRIOPN (621-) (1031-) (1031-) All Owner-Occupied Properties Millions of Dollars Not Seasonally Adjusted Quarterly, 1962-present Variable HIRON HIROMN HIROIN HIROIADN HIROIALN HIROIOPN Source: 1 NSA, Millions of Dollars (Table 2) Expenditures on all residential properties Maintenance & repairs Total improvements To housing structures: Additions Alterations 1 Other property improvements 1 (1031-) (1031-) Total expenditures for all owner-occupied properties Maintenance & repairs Total improvements Improvements to housing structures: Additions Alterations 1 Other property improvements 1 U.S. Department of Commerce. Bureau of the Census. Current Construction Reports, C50. "Expenditures for Residential Improvements and Repairs." "Alterations" and "other property improvements" contain expenditures that were previously classified as major replacements. © Haver Analytics Vol 1: H&C - 93 10/29/10 EXPENDITURES FOR RESIDENTIAL IMPROVEMENTS AND REPAIRS Expenditures for Owner-Occupied One-Unit Properties Millions of Dollars Not Seasonally Adjusted Quarterly, 1962-present Variable HIO1N HIO1MN HIO1IN HIO1IADN HIO1IALN HIO1IOPN (1031-) (1031-) Total expenditures for owner-occupied one-unit properties Maintenance & repairs Total improvements Improvements to housing structures: Additions Alterations 1 Other property improvements 1 Expenditures for Owner-Occupied One-Unit Properties by Region Millions of Dollars Not Seasonally Adjusted Quarterly, 1989-present Variable Total expenditures HIO1N (621-) United States HIO1NEN Northeast HIO1MWN Midwest HIO1SN South HIO1WN West Maintenance & repairs United States Northeast Midwest South West HIO1MN HIO1MNEN HIO1MMWN HIO1MSN HIO1MWEN (621-) HIO1IN HIO1INEN HIO1IMWN HIO1ISN HIO1IWN (621-) Source: U.S. Department of Commerce. Bureau of the Census. Current Construction Reports, C50. "Expenditures for Residential Improvements and Repairs." 1 Improvements United States Northeast Midwest South West "Alterations" and "other property improvements" contain expenditures that were previously classified as major replacements. © Haver Analytics Vol 1: H&C - 94 10/29/10 EXPENDITURES FOR RESIDENTIAL IMPROVEMENTS AND REPAIRS Variable HIO1N HIO1CN HIO1BN Expenditures for Owner-Occupied One-Unit Properties by Payments to Contractors and Payments for Materials Millions of Dollars Not Seasonally Adjusted Quarterly, 1989-present (621-) HIO1BON HIO1BCN HIO1MN HIO1MCN HIO1MBN (621-) HIO1MBON HIO1MBCN HIO1IN HIO1ICN HIO1IBN (621-) HIO1IBON HIO1IBCN Total expenditures All payments Total payments to contractors or hired labor Total payments for building materials purchased by owner For jobs done by owner For jobs done under contract Maintenance & repairs All payments Total payments to contractors or hired labor Total payments for building materials purchased by owner For jobs done by owner For jobs done under contract Improvements All payments Total payments to contractors or hired labor Total payments for building materials purchased by owner For jobs done by owner For jobs done under contract Note: Data are released after a long lag. Detail might not add due to rounding. Source: U.S. Department of Commerce. Bureau of the Census. Current Construction Reports, C50. "Expenditures for Residential Improvements and Repairs." © Haver Analytics Vol 1: H&C - 95 10/29/10 EXPENDITURES FOR RESIDENTIAL IMPROVEMENTS AND REPAIRS Expenditures for Owner-Occupied One-Unit Properties by Year Built Millions of Dollars Not Seasonally Adjusted Quarterly, 1989-present Variable HIO1N HIO190N HIO180N HIO170N HIO160N HIO159N HIO1NRN (621-) HIO1MN HIO1M90N HIO1M80N HIO1M70N HIO1M60N HIO1M59N HIO1MNRN (621-) HIO1IN HIO1I90N HIO1I80N HIO1I70N HIO1I60N HIO1I59N HIO1INRN (621-) (931-) (931-) (931-) Total expenditures 1990-2006 1980-1989 1970-1979 1960-1969 Before 1960 Not Reported Maintenance & repairs 1990-2005 1980-1989 1970-1979 1960-1969 Before 1960 Not Reported Improvements 1990-2005 1980-1989 1970-1979 1960-1969 Before 1960 Not Reported Note: Data are released after a long lag. Detail might not add due to rounding. Source: U.S. Department of Commerce. Bureau of the Census. Current Construction Reports, C50. "Expenditures for Residential Improvements and Repairs." © Haver Analytics Vol 1: H&C - 96 10/29/10 EXPENDITURES FOR RESIDENTIAL IMPROVEMENTS AND REPAIRS Variable Rental Properties Millions of Dollars, Not Seasonally Adjusted Quarterly, 1962-present HIRRN HIRRMN HIRRIN HIRRIADN HIRRIALN HIRRIOPN (1031-) (1031-) Total expenditures for rental properties Maintenance & repairs Total improvements Improvements to housing structures: Additions Alterations 2 Other property improvements 2 1 Note: Data are released after a long lag. Detail might not add due to rounding. Source: U.S. Department of Commerce. Bureau of the Census. Current Construction Reports, C50. "Expenditures for Residential Improvements and Repairs." 1 "Rental Properties" include rental, vacant and seasonal properties. 2 "Alterations" and "other property improvements" contain expenditures that were previously classified as major replacements. © Haver Analytics Vol 1: H&C - 97 10/29/10 © Haver Analytics Vol 1: H&C - 98 10/29/10 COMMERCIAL REAL ESTATE Moody's/REAL Commercial Property Index (CPPI) 1 National: Monthly Variable MRCAUS (10101-) All Properties - National Index National: Quarterly Variable MRCAUSA MRCAUSI MRCAUSO MRCAUSR 1 (1011-) (1011-) (1011-) (1011-) National National National National Apartment Properties Index Industrial Properties Index Office Properties Index Retail Properties Index The Moody's/REAL Commercial Property Index (CPPI) is a periodic same-property round-trip investment price change index of the U.S. commercial investment property market based on data from MIT Center for Real Estate industry partner Real Capital Analytics, Inc (RCA). The index has been developed with the objective of supporting the trading of commercial property price derivatives. The index is designed to track same-property realized round-trip price changes based purely on the documented prices in completed, contemporary property transactions. The index uses no appraisal valuations. The methodology employed to construct the index is a repeat-sales regression (RSR). Both the CPPI and the TBI are based purely on transaction price data. The TBI is based on NCREIF property sales prices data, while the former is based on RCA sales prices data. Thus, the TBI is based on a smaller population of more purely institutionally held properties. The TBI is based on a hedonic regression methodology whereas the CPPI is constructed with a repeat-sales methodology. © Haver Analytics Vol 1: H&C - 99 10/29/10 COMMERCIAL REAL ESTATE Moody's/REAL Commercial Property Index (CPPI) 1 Regions Variable MRCAWA MRCWI MRCWO MRCWR MRCAEAC MRCAEAF MRCAEAJ MRCAEAM MRCAEIC MRCAEIF MRCAEIJ MRCAEIM MRCAEOC MRCAEOF MRCAEOJ MRCAEOM MRCAERC MRCAERF MRCAERJ MRCAERM 1 West Region (Quarterly, Q1 2001-present) Apartment Properties Index Industrial Properties Index Office Properties Index Retail Properties Index East Region (Annual, 2001-present) Apartment Properties Index Calendar Year FY Ending September FY Ending June FY Ending March Industrial Properties Index Calendar Year FY Ending September FY Ending June FY Ending March Office Properties Index Calendar Year FY Ending September FY Ending June FY Ending March Retail Properties Index Calendar Year FY Ending September FY Ending June FY Ending March The Moody's/REAL Commercial Property Index (CPPI) is a periodic same-property round-trip investment price change index of the U.S. commercial investment property market based on data from MIT Center for Real Estate industry partner Real Capital Analytics, Inc (RCA). The index has been developed with the objective of supporting the trading of commercial property price derivatives. The index is designed to track same-property realized round-trip price changes based purely on the documented prices in completed, contemporary property transactions. The index uses no appraisal valuations. The methodology employed to construct the index is a repeat-sales regression (RSR). Both the CPPI and the TBI are based purely on transaction price data. The TBI is based on NCREIF property sales prices data, while the former is based on RCA sales prices data. Thus, the TBI is based on a smaller population of more purely institutionally held properties. The TBI is based on a hedonic regression methodology whereas the CPPI is constructed with a repeat-sales methodology. © Haver Analytics Vol 1: H&C - 100 10/29/10 COMMERCIAL REAL ESTATE Moody's/REAL Commercial Property Index (CPPI) 1 Regions Variable MRCASAC MRCASAF MRCASAJ MRCASAM MRCASIC MRCASIF MRCASIJ MRCASIM MRCASOC MRCASOF MRCASOJ MRCASOM MRCASRC MRCASRF MRCASRJ MRCASRM 1 South Region (Annual, 2001-present) Apartment Properties Index Calendar Year FY Ending September FY Ending June FY Ending March Industrial Properties Index Calendar Year FY Ending September FY Ending June FY Ending March Office Properties Index Calendar Year FY Ending September FY Ending June FY Ending March Retail Office Properties Index Calendar Year FY Ending September FY Ending June FY Ending March The Moody's/REAL Commercial Property Index (CPPI) is a periodic same-property round-trip investment price change index of the U.S. commercial investment property market based on data from MIT Center for Real Estate industry partner Real Capital Analytics, Inc (RCA). The index has been developed with the objective of supporting the trading of commercial property price derivatives. The index is designed to track same-property realized round-trip price changes based purely on the documented prices in completed, contemporary property transactions. The index uses no appraisal valuations. The methodology employed to construct the index is a repeat-sales regression (RSR). Both the CPPI and the TBI are based purely on transaction price data. The TBI is based on NCREIF property sales prices data, while the former is based on RCA sales prices data. Thus, the TBI is based on a smaller population of more purely institutionally held properties. The TBI is based on a hedonic regression methodology whereas the CPPI is constructed with a repeat-sales methodology. © Haver Analytics Vol 1: H&C - 101 10/29/10 COMMERCIAL REAL ESTATE Moody's/REAL Commercial Property Index (CPPI) 1 Metro Areas Variable MRCAA MRCAI MRCAO MRCAR MRCACAAC MRCACAAF MRCACAAJ MRCACAAM MRCACAIC MRCACAIF MRCACAIJ MRCACAIM MRCACAOC MRCACAOF MRCACAOJ MRCACAOM MRCACARC MRCACARF MRCACARJ MRCACARM 1 Top-10 Metro Areas (Quarterly, Q1 2001-present) Apartment Properties Index Industrial Properties Index Office Properties Index Retail Properties Index Southern California (Annual, 2001-present) Apartment Properties Index Calendar Year FY Ending September FY Ending June FY Ending March Industrial Properties Index Calendar Year FY Ending September FY Ending June FY Ending March Office Properties Index Calendar Year FY Ending September FY Ending June FY Ending March Retail Properties Index Calendar Year FY Ending September FY Ending June FY Ending March The Moody's/REAL Commercial Property Index (CPPI) is a periodic same-property round-trip investment price change index of the U.S. commercial investment property market based on data from MIT Center for Real Estate industry partner Real Capital Analytics, Inc (RCA). The index has been developed with the objective of supporting the trading of commercial property price derivatives. The index is designed to track same-property realized round-trip price changes based purely on the documented prices in completed, contemporary property transactions. The index uses no appraisal valuations. The methodology employed to construct the index is a repeat-sales regression (RSR). Both the CPPI and the TBI are based purely on transaction price data. The TBI is based on NCREIF property sales prices data, while the former is based on RCA sales prices data. Thus, the TBI is based on a smaller population of more purely institutionally held properties. The TBI is based on a hedonic regression methodology whereas the CPPI is constructed with a repeat-sales methodology. © Haver Analytics Vol 1: H&C - 102 10/29/10 COMMERCIAL REAL ESTATE Moody's/REAL Commercial Property Index (CPPI) 1 Metro Areas Variable MRCADCOC MRCADCOF MRCADCOJ MRCADCOM DC Metro Area (Annual, 2001-present) Office Properties Index Calendar Year FY Ending September FY Ending June FY Ending March MRCANYOC MRCANYOF MRCANYOJ MRCANYOM NY Metro Area (Annual, 2001-present) Office Properties Index Calendar Year FY Ending September FY Ending June FY Ending March MRCASFOC MRCASFOF MRCASFOJ MRCASFOM San Francisco Metro Area (Annual, 2001-present) Office Properties Index Calendar Year FY Ending September FY Ending June FY Ending March MRCAFLAC MRCAFLAF MRCAFLAJ MRCAFLAM Florida Metro Area (Annual, 2001-present) Apartment Properties Index Calendar Year FY Ending September FY Ending June FY Ending March 1 The Moody's/REAL Commercial Property Index (CPPI) is a periodic same-property round-trip investment price change index of the U.S. commercial investment property market based on data from MIT Center for Real Estate industry partner Real Capital Analytics, Inc (RCA). The index has been developed with the objective of supporting the trading of commercial property price derivatives. The index is designed to track same-property realized round-trip price changes based purely on the documented prices in completed, contemporary property transactions. The index uses no appraisal valuations. The methodology employed to construct the index is a repeat-sales regression (RSR). Both the CPPI and the TBI are based purely on transaction price data. The TBI is based on NCREIF property sales prices data, while the former is based on RCA sales prices data. Thus, the TBI is based on a smaller population of more purely institutionally held properties. The TBI is based on a hedonic regression methodology whereas the CPPI is constructed with a repeat-sales methodology. © Haver Analytics Vol 1: H&C - 103 10/29/10 COMMERCIAL REAL ESTATE TRANSACTIONS-BASED INDEXES OF INVESTMENT PERFORMANCE (TBI) Price Index MTBIP MTBIPA MTBIPI MTBIPO MTBIPR Total Return Index MTBIR MTBIRA MTBIRI MTBIRO MTBIRR 1 Quarterly, Q1 1994-present Supply Index Demand Index MTBIS MTBISA MTBISI MTBISO MTBISR MTBID MTBIDA MTBIDI MTBIDO MTBIDR (841-) All Properties Apartment Industrial Office Retail Source: MIT Center for Real Estate. 1 The TBI (Transactions-Based Index of Institutional Commercial Property Investment Performance) estimates quarterly market price changes based on verifiable sales prices of all and only properties sold from the NCREIF Property Index or NPI database. The TBI is a hedonic price index that uses the recent appraised values of the properties as a composite hedonic variable. © Haver Analytics Vol 1: H&C - 104 10/29/10 HOUSE PRICES Conventional Mortgage Home Price Index 1 Underlying state and area detail available in the REGIONAL database Variable USCMHPI USCMPHPI (701-) (701-) Conventional Mortgage Home Price Index (Q1 1987=100) 3 Purchase-only Conventional Mortgage Home Price Index Source: Federal Home Loan Mortgage Corporation (Freddie Mac) 1 Conventional Mortgage Home Price Index (CMHPI) is computed based on mortgages that were purchased or securitized by Freddie Mac or Fannie Mae since January 1975. The CMHPI uses a statistical method based entirely on "repeat transactions". Any time a house's value is observed twice over time (via either a sale or an appraisal), the change in the price contributes one observation of house price growth over that time period. The index is defined to be the statistically determined set of values that most closely fits many such repeated observations. The CMHPI is published by Freddie Mac. © Haver Analytics Vol 1: H&C - 105 10/29/10 Federal Housing Finance Agency (FHFA) House Price Index (Formerly Called OFHEO House Price Index) Quarterly (Underlying state and area detail available in the REGIONAL database) Variable 1 USHPI (751-) House price index, U.S. total (NSA, Q1 1980=100) USPHPIN USPHPIP (911-) (911-) House price purchase only index (NSA, Q1 1991=100) Annual change USPHPI (911-) House price purchase only index (SA, Q1 1991=100) USPMHPI USCHPI USRHPI USCSHPI (911-) (911-) (911-) (911-) Share in valuation data used in HPI sample: Share of purchase mortgages Share of cash-out refinances Share of rate-term refinances Cash-out share of refinances 3 1 2 2 Formerly called the OFHEO House Price Index, the FHFA House Price Index (HPI) is published by the Federal Housing Finance Agency (FHFA) using data provided by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). It is a broad measure of the movement of existing single-family house prices and serves as a timely, accurate indicator of house price trends at various geographic levels. The HPI is a weighted repeat sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. It is based on transactions involving conforming, conventional mortgages purchased or securitized by Fannie Mae or Freddie Mac. Only mortgage transactions on single family properties are included. "Conforming" refers to a mortgage that both meets the underwriting guidelines of Fannie Mae or Freddie Mac and that does not exceed the conforming loan limit, a figure linked to an index published by the Federal Housing Financial Board. "Conventional" means that the mortgages are neither insured nor guaranteed by the FHA, VA or other federal government entity. FHFA was established on July 30, 2008 in order to integrate the Office of Federal Housing Enterprise Oversight (OFHEO), the Federal Housing Finance Board and HUD. 2 3 House price purchase only index includes only purchase price data; it does not include refinancings. "Cash-out share of refinances" is "share of cash-out refinances" (USCHPI) divided by the sum of "share of cash-out refinances" (USCHPI) plus "share of rate-term refinances" (USRHPI). © Haver Analytics Vol 1: H&C - 106 10/29/10 Federal Housing Finance Agency (FHFA) House Price Purchase-Only Index By Census Division Q1 1991=100 Monthly, January 1991-present SA NSA USPHPIM C1PHPIM C2PHPIM C3PHPIM C4PHPIM C5PHPIM C6PHPIM C7PHPIM C8PHPIM C9PHPIM USPHPINM C1PHPINM C2PHPINM C3PHPINM C4PHPINM C5PHPINM C6PHPINM C7PHPINM C8PHPINM C9PHPINM 1 Total U.S. Purchase-Only House Price Index New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain Pacific Census Division Weights Used in National Index Construction 1 Variable C1WHPI C2WHPI C3WHPI C4WHPI C5WHPI C6WHPI C7WHPI C8WHPI C9WHPI New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain Pacific 1 House price purchase only index includes only purchase price data; it does not include refinancings. OFHEO reports monthly data with a two-month lag. 2 Weights for years 2001-2009 reflect housing stock shares derived from 2000 Census. Once 2010 housing stock data become available, the 2001-2009 shares will be updated. © Haver Analytics Vol 1: H&C - 107 10/29/10 S&P/Case-Shiller Home Price Index 1 (Underlying metro area detail available in the REGIONAL database) Variable CASUSXR CASC20XR CASS20XR CASCSXR CASSCSXR (871-) (10001-) (8701-) CASUSXA CASC20XA CASCSXA Not Seasonally Adjusted U.S. National (Quarterly, Q1 2000=100) 2 Composite 20 (Monthly, Jan 2000=100) 3 Sale pair count (units) 5 Composite 10 (Monthly, Jan 2000=100) Sale pair count (units) 5 4 Seasonally Adjusted U.S. National (Quarterly, Q1 2000=100) 2 Composite 20 (Monthly, January 2000=100) 3 Composite 10 (Monthly, January 2000=100) 4 Source: Standard & Poors, Fiserv and MacroMarkets LLC. 1 The index measures changes in housing market prices given a constant level of quality. Changes in the types and sizes of houses or changes in the physical characteristics of houses are specifically excluded from the calculations to avoid incorrectly affecting the index value. To be eligible for inclusion in the index, a house must be a single-family dwelling. Condominiums and co-ops are specifically excluded. Houses included in the index must also have two or more recorded arms-length sale transactions. As a result, new construction is excluded. The index uses the "repeat sales method" of index calculation - which uses data on properties that have sold at least twice in order to capture the true appreciated value of each specific sales unit. 2 The S&P/Case-Shiller U.S. National Home Price Index is an aggregate of the nine Census Divisions: New England: CT, ME, MA, NH, RI, VT Middle Atlantic: NJ, NY, PA East North Central: IL, IN, MI, OH, WI West North Central: IA, KS, MN, MO, NE, ND, SD South Atlantic: DE, DC, FL, GA, MD, NC, SC, VA, WV East South Central: AL, KY, MS, TN West South Central: AR, LA, OK, TX Mountain: AZ, CO, ID, MT, NV, NM, UT, WY Pacific : AK, CA, HI, OR, WA Please see other footnotes on the next page. © Haver Analytics Vol 1: H&C - 108 10/29/10 S&P/Case-Shiller Home Price Index, continued 3 Indexes for 20 metro areas listed below are combined using a market-weighted average to create the composite 20: Boston-Cambridge-Quincy, MA-NH Metropolitan Statistical Area Chicago-Naperville-Joliet, IL Metropolitan Division Denver-Aurora, CO Metropolitan Statistical Area Las Vegas-Paradise, NV Metropolitan Statistical Area Los Angeles-Long Beach-Glendale, CA Metropolitan Division Miami-Fort Lauderdale-Miami Beach, FL Metropolitan Statistical Area New York City Area: The New York City Area is not a Metropolitan Statistical Area (MSA). It represents a customized metro area and its index measures single-family home values in select New York, New Jersey and Connecticut counties with significant populations that commonly commute to New York City for employment purposes. San Diego-Carlsbad-San Marcos, CA Metropolitan Statistical Area San Francisco-Oakland-Fremont, CA Metropolitan Statistical Area Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Stat Area Atlanta-Sandy Springs-Marietta, GA Metropolitan Statistical Area Charlotte-Gastonia-Concord, NC-SC Metropolitan Statistical Area Cleveland-Elyria-Mentor, OH Metropolitan Statistical Area Dallas-Fort Worth-Arlington, TX Metropolitan Statistical Area Detroit-Warren-Livonia, MI Metropolitan Statistical Area Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area Phoenix-Mesa-Scottsdale, AZ Metropolitan Statistical Area Portland-Vancouver-Beaverton, ORWA Metropolitan Statistical Area Seattle-Tacoma-Bellevue, WA Metropolitan Statistical Area Tampa-St. Petersburg-Clearwater, FL Metropolitan Statistical Area 4 Indexes for 10 metro areas listed below are combined using a market-weighted average to create the composite 10: Boston-Cambridge-Quincy, MA-NH Metropolitan Statistical Area Chicago-Naperville-Joliet, IL Metropolitan Division Denver-Aurora, CO Metropolitan Statistical Area Las Vegas-Paradise, NV Metropolitan Statistical Area Los Angeles-Long Beach-Glendale, CA Metropolitan Division Miami-Fort Lauderdale-Miami Beach, FL Metropolitan Statistical Area New York City Area: The New York City Area is not a Metropolitan Statistical Area (MSA). It represents a customized metro area and its index measures single-family home values in select New York, New Jersey and Connecticut counties with significant populations that commonly commute to New York City for employment purposes. San Diego-Carlsbad-San Marcos, CA Metropolitan Statistical Area San Francisco-Oakland-Fremont, CA Metropolitan Statistical Area Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Stat Area 5 Sale pairs data measure the number of observations used in calculating the S&P/Case-Shiller Home Price Indexes. A sale pair is comprised of two arms-length transaction prices for a specific home at two distinct points in time. © Haver Analytics Vol 1: H&C - 109 10/29/10 How does the OFHEO HPI differ from the S&P/Case-Shiller Home Price indexes? Although both indexes employ the same fundamental repeat-valuations approach, there are a number of data and methodology differences. Among the dissimilarities: a. The S&P/Case-Shiller indexes only use purchase prices in index calibration, while the all-transactions HPI also includes refinance appraisals. OFHEO’s purchase only series is restricted to purchase prices, as are the S&P/Case-Shiller indexes. b. OFHEO’s valuation data are derived from conforming, conventional mortgages provided by Fannie Mae and Freddie Mac. The S&P/Case-Shiller indexes use information obtained from county assessor and recorder offices. c. The S&P/Case-Shiller indexes are value-weighted, meaning that price trends for more expensive homes have greater influence on estimated price changes than other homes. OFHEO’s index weights price trends equally for all properties. d. The geographic coverage of the indexes differs. The S&P/Case-Shiller National Home Price Index, for example, does not have valuation data from 13 states. OFHEO’s U.S. index is calculated using data from all states. Details concerning these and other differences are described in www.ofheo.gov/Media/Archive/house/hpi_tech.pdf. The S&P/Case-Shiller methodology materials are found in www2.standardandpoors.com/spf/pdf/ index/SP_Case_Shiller_Home_Price_Indices_Methodology_Web.pdf. © Haver Analytics Vol 1: H&C - 110 10/29/10 Variable CoreLogic Home Price Indexes Monthly 1 USLPHPIS USLPXHPS SINGLE-FAMILY COMBINED (DETACHED AND ATTACHED) Not Seasonally Adjusted: National HPI incl Distressed Sales(Jan 2000=100)2 1-Month Change (%) 3-Month Change (%) 6-Month Change (%) 12-Month Change (%) National HPI excl Distressed Sales(Jan 2000=100)2 1-Month Change (%) 3-Month Change (%) 6-Month Change (%) 12-Month Change (%) Seasonally Adjusted by Haver Analytics: National HPI incl Distressed Sales(Jan 2000=100)1 National HPI excl Distressed Sales(Jan 2000=100)1 USLPDHPI US1LPD US3LPD US6LPD US12LPD SINGLE-FAMILY DETACHED National HPI incl Distressed Sales (Jan2000=100)2 1-Month Change (%) 3-Month Change (%) 6-Month Change (%) 12-Month Change (%) USLPAHPI US1LPA US3LPA US6LPA US12LPA SINGLE-FAMILY ATTACHED National HPI incl Distressed Sales (Jan2000=100)2 1-Month Change (%) 3-Month Change (%) 6-Month Change (%) 12-Month Change (%) USLPHPI US1LP US3LP US6LP US12LP USLPXHPI US1LPX US3LPX US6LPX US12LPX Source: First American CoreLogic. 1 The CoreLogic HPI provides a multi-tier market evaluation based on price, time between sales, property type, loan type (conforming vs. nonconforming), and distressed sales. The CoreLogic HPI is a repeat-sales index that tracks increases and decreases in sales prices for the same homes over time, which provides a more accurate "constant-quality" view of pricing trends than basing analysis on all home sales. The CoreLogic HPI covers 6,070 ZIP codes (58 percent of total U.S. population), 519 Core Based Statistical Areas (CBSA, 85 percent of total U.S. population) and 898 counties (81 percent of total U.S. population) located in all 50 states and the District of Columbia. The CoreLogic HPI is the HPI used by the Federal Reserve to calculate the value of real estate assets in the Flow of Funds accounts. 2 Distressed sales includes short sales and REOs. A short sale is typically defined as a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan. An REO (Real Estate Owned) is defined as property in the possession of a lender usually obtained through a foreclosure. © Haver Analytics Vol 1: H&C - 111 10/29/10 Variable Radar Logic House Prices 1 Dollars per Square Foot Monthly, January 2000-present 28-Day House Price ($/sq.ft) CPRP28 1 2 25 MSA Composite The Radar Logic Daily Price is a single, statistically accurate value representing the price per square foot paid for residential real estate in a defined Metropolitan Statistical Area (MSA) on any given day. Data are collected from property transaction records that originate in municipal offices, including recorders' offices, assessors' offices, and building departments. Price data are based on sales of existing homes only; new home sales are not included. Square footage is measured and labeled by the taxing counties and municipalities according to their internal methodologies. The "sale date" of a transaction is defined as the transfer date as written in the text of the deed. All prices are calculated with the final sale price of only closed, recorded transactions. Counts represent transactions included in the calculation of the daily prices and may not reflect actual transaction volume in the market. Data are published with about a 60-day lag, owing to filing and processing requirements. Filter Definitions: a. excludes records for all property types other than single-family residences, condominiums, duplex/triplex/quadplex units, apartments, and undetermined property types. b. excludes records that are marked as transactions between two members of the same family, or are otherwise flagged as non-arm's-length based on the deed type or notations written in the deed. c. excludes records that appear to be redundant copies, multiple properties conveyed with one deed, or single unit sales with the square footage of the multi-unit building. 2 Radar Logic produces three Daily Price values based on 1-day, 7-day and 28-day time periods. The 28-day prices are not moving averages; they are calculated with the same methodology as the 1-day price, but using an aggregate of all transactions for the current published transaction date plus the prior 27 calendar days. (As the time window moves forward each day, the 28-day prices are updated.) © Haver Analytics Vol 1: H&C - 112 10/29/10 Bureau of Reclamation Construction Cost Trends (Detail available in the INDUSTRY database) Variable BRCT BRPP BRBR 1 1 1977=100 Quarterly, Q4 1983-present Construction Indexes Composite Trend Powerplants Bridges The Bureau of Reclamation's Construction Cost Trends (CCT) were developed to track construction relevant to the primary types of projects being constructed by the bureau. All the various cost indexes consist of two elements, contractor labor and equipment costs, and contractor supplied materials and equipment. When the indexes were originally developed, the substantial amount of construction work being performed by the Bureau provided a large data reference for the 35 construction categories. Actual field cost data were used to develop the costs baselines and their respective incremental increases over time. Since the early to mid 1980s, the number and magnitude of construction projects being performed by the Bureau has declined and so has the number of data references for the CCT. Cost models consisting of appropriate labor, equipment and materials types replaced actual field data as the principal costs reference. Data for the models are primarily extracted from: 1) Producer Price Indexes, Bureau of Labor Statistics 2) Price Trends for Federal-Aid Highway Construction, Dept of Transportation, and 3) Engineering News-Record, weekly publication of McGraw-Hill. Actual field data, when available, are used to confirm the reasonableness of the models. Engineering judgment may also be used to adjust the results. © Haver Analytics Vol 1: H&C - 113 10/29/10 © Haver Analytics Vol 1: H&C - 114 10/29/10 INDUSTRIAL PRODUCTION Summary Table Monthly Variable IP IPP (2101-) (2102-) Total industrial production index (2002=100) Seasonally adjusted (SA) Percent change (SA) 1 IPFP IP51 IP521 IP54 IP541 IP53 (3901-) (3901-) (4701-) (3901-) (4701-) (3901-) Market groups (2002=100) (SA) Final products Consumer goods Business equipment Nonindustrial supplies Construction supplies Materials IPMFG IPB0 IPUTL (2101-) (7201-) (7201-) Industry groups (2002=100) (SA) Manufacturing (SIC) 2 Mining Utilities CUT CUMFG CUB0 CUUTL (6701-) (4801-) (6701-) (6701-) Capacity utilization Total industry Manufacturing (SIC) Mining (21) Utilities CU561 CU562 CU564 (6701-) (4801-) (4801-) Stage-of-process groups: Crude Primary and semifinished Finished Source: Board of Governors of the Federal Reserve System. Industrial Production and Capacity Utilization. G.17 (419). Summary Table. 1 These percent changes (which have unconventional nonadditive code names) are calculated by FRB from unpublished indexes carried to more than two decimal places & therefore may not be the same as percent changes calculated from the rounded indexes that are published. 2 Manufacturing (SIC) is Manufacturing (NAICS) plus non-NAICS Manufacturing industries (logging and newspaper, periodical, book and directory publishing). © Haver Analytics Vol 1: P&I - 1 5/30/08 INDUSTRIAL PRODUCTION (continued) Industrial Production by Market Group 2002=100 Monthly, Seasonally Adjusted Variable IP (2101-) IPTP IPFP IP51 IP511 IP5111 IP51121 IP51122 IP51123 IP512 IP5121 IP51211 IP51212 IP51213 IP51214 IP5122 IP521 IP5211 IP5212 (3901-) (3901-) (3901-) (4701-) (4701-) (6701-) (6701-) (4701-) (4701-) (6701-) (4701-) (4701-) (5401-) (5401-) IP5213 IP523 IP54 IP541 IP542 (6701-) (4701-) (3901-) (4701-) (4701-) IP53 IP531T2 IP531 IP5311 IP5312 IP5313 IP532 IP5321 IP5322 IP5323 IP533 (3901-) (6701-) (4701-) (4701-) (5401-) (4701-) (5401-) (6701-) (4701-) (5401-) (5401-) (6701-) (6701-) (6701-) (5401-) Industrial production Final products and nonindustrial supplies Final products Consumer goods Durable Automotive products Computers, video & audio equip Appliances, furniture, & carpet Miscellaneous durable goods Nondurable Nonenergy Food and tobacco Clothing Chemical products Paper products Energy Business equipment Transit equipment Information processing and related equipment Industrial and other equipment Defense and space equipment Nonindustrial supplies Construction supplies Business supplies Materials Nonenergy Durable Consumer parts Equipment parts Other Nondurable Textile Paper Chemical Energy Source: Board of Governors of the Federal Reserve System. Industrial Production and Capacity Utilization. G.17 (419). Table 4. Note: Complete industrial production detail (seasonally adjusted and not seasonally adjusted) is available in the IP database. © Haver Analytics Vol 1: P&I - 2 5/30/08 INDUSTRIAL PRODUCTION (continued) Industrial Production by Industry Group 2002=100, Seasonally Adjusted Monthly, January 1972-present Variable IP (2101-) IPMFG IPMFN IPMDG IPF1 IPF7 IPG1 IPG2 IPG3 IPG4 IPG5 (2101-) Industrial production: total index IPG7 IPG9 IPMND IPE1T2 IPE3T4 IPE5T6 IPF2 IPF3 IPF5 IPF4 IPF6 IPMFO Manufacturing (SIC) 1 Manufacturing (NAICS) 1 Durable goods manufacturing (NAICS) Wood products (321) Nonmetallic mineral products (327) Primary metal (331) Fabricated metal products (332) Machinery (333) Computer and electronic products (334) Electrical equipment, appliance, & components (335) Motor vehicles and parts (3361-3) Aerospace and other misc transportation equipment (3364-9) Furniture and related products (337) Miscellaneous (339) Nondurable goods manufacturing (NAICS) Food, beverage, & tobacco products (311,2) Textile and product mills (313,4) Apparel and leather goods (315,6) Paper (322) Printing & related support activities (323) Chemical (325) Petroleum and coal products (324) Plastics and rubber products (326) Other manufacturing (non-NAICS) (1133,5111) 1 IPB0 Mining (21) IPUTL IPC11 Electric and gas utilities (2211,2212) Electric power generation, transmission and distribution (2211) Natural gas distribution (2212) IPG61T3 IPG64T9 IPC12 Source: Board of Governors of the Federal Reserve System. Note: 1 "Industrial Production and Capacity Utilization." G.17 (419), Table 4. Complete industrial production detail (seasonally adjusted and not seasonally adjusted) is available in the IP database. Manufacturing (SIC) is Manufacturing (NAICS) plus non-NAICS Manufacturing industries (logging and newspaper, periodical, book and directory publishing). © Haver Analytics Vol 1: P&I - 3 5/30/08 INDUSTRIAL PRODUCTION (continued) Special Aggregates and Selected Detail 2002=100, Seasonally Adjusted Monthly, January 1967-present Variable IP IPNG IP5122 IP5422 IPB31 IP5332 IP5331 IPNNG IPHT IPG41 IPG42 IPG441 (2101-) (5401-) (7201-) (7201-) (7201-) (7201-) IPNNGXHT IPG61T3 (7201-) IPG61 (7201-) IPG63 (7201-) IPNNGXHM IPCGXETM IPBEXETM IPCSXETM (7201-) IPBSXETM (7201-) IPMTXETM IPXHM IPMFXHM IPXHT IPMFXHT IPMDXHT IPXMV IPMFXMV IPMDXMV IP5381 IP5382 Industrial production: total index Energy Consumer energy products Commercial energy products Oil and gas well drilling (213111) Converted fuel Primary materials Nonenergy Selected high-technology industries (SIC 357) Computers and office equipment (3341) Communications equipment (3342) Semiconductors and related electronic components (334412-9) Excl selected high-technology industries Motor vehicles and parts (3361,3363) Motor vehicles (3361) Motor vehicle parts (3363) Excl motor vehicles & parts Consumer goods Business equipment Construction supplies Business supplies Materials Measures excl selected high-tech industries and motor vehicles and parts Total industry Manufacturing Measures excl selected high-tech industries Total industry Manufacturing Durable goods manufacturing Measures excl motor vehicles and parts Total industry Manufacturing Durable goods manufacturing Measures of non-energy materials inputs to Finished processors Semifinished and primary processors Source: Board of Governors of the Federal Reserve System. Industrial Production and Capacity Utilization. G.17 (419). Table 5. Note: Complete industrial production detail (seasonally adjusted and not seasonally adjusted) is available in the IP database. © Haver Analytics Vol 1: P&I - 4 5/30/08 INDUSTRIAL PRODUCTION (continued) Diffusion Indexes of Industrial Production 1 Monthly, January 1967-present Variable IDI1 One month earlier IDI3 Three months earlier IDI6 Six months earlier Source: Board of Governors of the Federal Reserve System. Industrial Production and Capacity Utilization. G.17 (419). Table 6. 1 The diffusion indexes are calculated as the percentage of series that increased over the indicated span (one, three or six months) plus one-half the percentage that were unchanged. © Haver Analytics Vol 1: P&I - 5 5/30/08 CAPACITY AND CAPACITY UTILIZATION Seasonally Adjusted, Monthly, January 1967-present Capacity utilization is the percent of capacity. Industrial capacity is expressed as a percent of 2002 output. Capacity Utilization Industrial Capacity CUT CUTC CUMFG (4801-) CUMFGC Total industry (4801-) CUMFN CUMDG CUF1 CUF7 CUG1 CUG2 CUG3 CUG4 --------- (7201-) CUG5 -- (7201-) CUG61T3 CUG64T9 --- (4801-) (4801-) CUG7 CUG9 CUMND ---- (7201-) CUE1T2 CUE3T4 CUE5T6 CUF2 CUF3 ------ (7201-) (7201-) (4801-) (7201-) CUF4 CUF5 CUF6 ---- (4801-) (4801-) (4801-) CUMFO -- (7201-) Source: 1 (7201-) (4801-) (4801-) (7201-) Manufacturing (SIC) 1 Manufacturing (NAICS) 1 Durable goods mfg (NAICS) Wood products (321) Nonmetallic mineral products (327) Primary metal (331) Fabricated metal products (332) Machinery (333) Computer and electronic products (334) Electrical eqpt, appliance, & components (335) Motor vehicles & parts (3361-3) Aerospace & miscellaneous transportation eqpt (3364-9) Furniture & related products (337) Miscellaneous (339) Nondurable goods manufacturing (NAICS) Food, beverages, & tobacco (311,2) Textile & products mills (313,4) Apparel and leather (315,6) Paper (322) Printing and related support activities (323) Petroleum & coal products (324) Chemicals (325) Plastics & rubber products (326) Other manufacturing (non-NAICS) (1133,5111) 1 Board of Governors of the Federal Reserve System. Industrial Production and Capacity Utilization. G.17 (419). Tables 7, 11, 12, 13 & 14. Manufacturing (SIC) is Manufacturing (NAICS) plus non-NAICS Manufacturing industries (logging and newspaper, periodical, book and directory publishing). © Haver Analytics Vol 1: P&I - 6 5/30/08 CAPACITY AND CAPACITY UTILIZATION (continued) Capacity Utilization Industrial Capacity CUB0 -- Mining (21) CUUTL -- Utilities CUHT -- CUG41 CUG42 CUG441 ---- Selected high-tech industries (SIC 357,366,3672-9) Computers & office equipment (3341) Communications equipment (3342) Semiconductor & related electronic components (334412-9) CUXHT CUMFXHT Measures excl selected high-tech Total industry Manufacturing CUXHTC CUMFXHTC CU561 CU562 CU564 Source: (7201-) (7201-) (7201-) ---- (4801-) (4801-) Stage-of-process groups Crude Primary and semifinished Finished Board of Governors of the Federal Reserve System. Industrial Production and Capacity Utilization. G.17 (419). Tables 7, 11, 12, 13 & 14. © Haver Analytics Vol 1: P&I - 7 5/30/08 Motor Vehicle Assemblies Millions of Units Seasonally adjusted at an annual rate, Monthly Variable IAU IAA IAT IATL IATH IAALT (6701-) (6701-) (6701-) (7701-) (7901-) (7701-) Motor vehicle assemblies Autos Trucks Light Heavy and medium Memo: autos and light trucks Source: Board of Governors of the Federal Reserve System. Industrial Production and Capacity Utilization. G.17 (419). Table 3. Gross Value of Products Billions of 2000 $ Seasonally adjusted at annual rates Monthly, January 1972-present Variable IGTP IGFP IG51 IG511 IG5111 IG5112 IG512 IG520 IG521T3 IG521 IG523 IG54 IG541 IG542 IG5422 Products, total Final products Consumer goods Durable Automotive products Other durable goods Nondurable Equipment, total Business and defense Business equipment Defense and space Nonindustrial supplies Construction supplies Business supplies Commercial energy products Source: Board of Governors of the Federal Reserve System. Industrial Production and Capacity Utilization. G.17 (419). Table 9. © Haver Analytics Vol 1: P&I - 8 5/30/08 BUSINESS WEEK INDEX Seasonally adjusted, monthly series Variable BWPI Source: (8201-) Business Week production index (Jan,1992=100) "Business Week" CAR AND TRUCK PRODUCTION 1 Units January 1999-present Variable PCRUS PTRUS (9007-) (9007-) MONTHLY AVERAGE OF PRORATED WEEKS ENDING SATURDAY U.S. car production U.S. truck production PCRTM PCRUSM PCRCANM PCRMEXM PTRTM PTRUSM PTRCANM PTRMEXM PCTTM PCTUSM PCTCANM PCTMEXM (9301-) (9001-) (8901-) (9301-) (9301-) (9001-) (8901-) (9301-) (9301-) (9001-) (8901-) (9301-) MONTHLY TOTALS North American car production 2 U.S. car production Canada car production Mexico car production North American truck production 3 U.S. truck production Canada truck production Mexico truck production North American car and truck production U.S. car and truck production Canada car and truck production Mexico car and truck production Source: Crain Communications, Inc. "Automotive News" 1 Source: Monthly averages and totals of WEEKLY data from Crain Communications, Inc. "Automotive News." 2 Updated twice each month: preliminary and final. Data prior to 2004 are calculated by Haver Analytics. 3 Updated twice each month: preliminary and final. © Haver Analytics Vol 1: P&I - 9 3 5/30/08 CSM AUTOMOTIVE PRODUCTION BAROMETER Light Vehicle Production Monthly, January 1997-present Millions of Units Variable PLVUSN U.S. light vehicle production (NSA) PLVUSA PAUUSA PLTUSA U.S. total light vehicle production (SAAR) Autos Light trucks PLVNAA North America light vehicle production (SAAR) of which: GM (incl HUMMER, CAMI) DISCONTINUED Ford (incl Mazda) DISCONTINUED DaimlerChrysler (incl M-B) DISCONTINUED Toyota (incl NUMMI) DISCONTINUED Honda (HMC) DISCONTINUED Nissan (incl Renault) DISCONTINUED PLVNAGA PLVNAFA PLVNADA PLVNATA PLVNAHA PLVNANA Source: CSM Worldwide. © Haver Analytics Vol 1: P&I - 10 5/30/08 PAPER AND PAPERBOARD PRODUCTION Thousands of short tons Monthly, January 1977-present IPPAPER IPBOARD IPCORCB Source: (9204-) Total paper production (SA) Total paperboard production (SA) Corrugating medium containerboard production (NSA) American Forest and Paper Association. COAL PRODUCTION Thousands of short tons Monthly, January 1984-present Variable PCOAL U.S. coal production 1 Source: Energy Information Administration. 1 This series is updated every month when the monthly estimate is released. It is also updated once a quarter with revised estimates produced by the EIA using Mine Safety and Health Administration (MHSA) data. © Haver Analytics Vol 1: P&I - 11 5/30/08 © Haver Analytics Vol 1: P&I - 12 5/30/08 HOUSEHOLD SURVEY The Employment Situation Press Release Employment Situation: Household Survey Summary Table (Table A) Thousands Seasonally Adjusted Variable LNN LF LP LE LQ LTU LR LH Employment status Civilian noninstitutional population Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force LR LRMT20 LRWT20 LR16 LRW LRB LRASN LRH LRT25 LRLHS25 LRHSG25 LRLBA25 LRCLG25 Unemployment rates Total, 16 years and over Adult men (20 years and over) Adult women (20 years and over) Teenagers (16 to 19 years) White Black or African American Asian (not seasonally adjusted) Hispanic or Latino ethnicity 1 Total, 25 years and over Less than a high school diploma High school graduates, no college Some college or associate degree Bachelor's degree and higher LUJL LUJLV LURE LUNE Reason for unemployment Job losers and persons who completed temporary jobs Job leavers Reentrants New entrants LU0 LU5 LU15 LUT27 Duration of unemployment Less than 5 weeks 5 to 14 weeks 15 to 26 weeks 27 weeks and over LEPTE LEPTSW LEPTCO LEPTV Employed persons at work part time Part time for economic reasons Slack work or business conditions Could only find part-time work Part time for noneconomic reasons © Haver Analytics Vol 1: E&E - 1 9/30/10 HOUSEHOLD SURVEY (continued) Summary Table (Table A) Thousands Seasonally Adjusted Variable LHWSAN LHWNDN Persons not in the labor force (not seasonally adjusted) Marginally attached to the labor force Discouraged workers 2 1 Persons whose ethnicity is identified as Hispanic or Latino may be of any race. Detail for the seasonally adjusted data shown in this table will not necessarily add to totals because of the independent seasonal adjustment of the various series. Updated population controls are introduced annually with the release of January data. 2 Includes those who did not actively look for work in the prior 4 weeks for reasons such as thinks no work available, could not find work, lacks schooling or training, employer thinks too young or old, and other types of discrimination. © Haver Analytics Vol 1: E&E - 2 9/30/10 HOUSEHOLD SURVEY (continued) Table A-1 Employment Status of the Civilian Population by Sex and Age Thousands Monthly unless otherwise indicated SA NSA -LF LP LE LQ LTU LR LH LHW LNN LFN LPN LEN LQN LTUN LRN LHN LHWN Both sexes, 16 years and over Civilian noninstitutional population Civilian labor force Participation rate2 Employed Employment-population ratio3 Unemployed Unemployment rate Not in labor force Persons who currently want a job LNMT16N LFMT16N LPMT16N LEMT16N LQMT16N LUMT16N LRMT16N LHMN Men, 16 years and over Civilian noninstitutional population Civilian labor force Participation rate2 Employed Employment-population ratio3 Unemployed Unemployment rate Not in labor force LNMT20N LFMT20N LPMT20N LEMT20N LQMT20N LUMT20N LRMT20N LHM20N Men, 20 years and over Civilian noninstitutional population Civilian labor force Participation rate2 Employed Employment-population ratio3 Unemployed Unemployment rate Not in labor force LNWT16N LFWT16N LPWT16N LEWT16N LQWT16N LUWT16N LRWT16N LHFN Women, 16 years and over Civilian noninstitutional population Civilian labor force Participation rate2 Employed Employment-population ratio3 Unemployed Unemployment rate Not in labor force -LFMT16 LPMT16 LEMT16 LQMT16 LUMT16 LRMT16 LHM -LFMT20 LPMT20 LEMT20 LQMT20 LUMT20 LRMT20 LHM20 LFWT16 LPWT16 LEWT16 LQWT16 LUWT16 LRWT16 LHF © Haver Analytics Vol 1: E&E - 3 4 4 4 4 9/30/10 HOUSEHOLD SURVEY (continued) Table A-1 Employment Status of the Civilian Population by Sex and Age Thousands Monthly unless otherwise indicated SA NSA -LFWT20 LPWT20 LEWT20 LQWT20 LUWT20 LRWT20 LHF20 LNWT20N LFWT20N LPWT20N LEWT20N LQWT20N LUWT20N LRWT20N LHF20N Women, 20 years and over Civilian noninstitutional population Civilian labor force Participation rate2 Employed Employment-population ratio3 Unemployed Unemployment rate Not in labor force LN16AN LF16N LP16N LE16N LQ16N LU16N LR16N LH1619N Both sexes, 16 to 19 years Civilian noninstitutional population 4 Civilian labor force Participation rate2 Employed Employment-population ratio 3 Unemployed Unemployment rate Not in labor force -LF16 LP16 LE16 LQ16 LU16 LR16 LH1619 2 3 4 4 Civilian labor force as a percent of the civilian noninstitutional population. Civilian employment as a percent of the civilian noninstitutional population. Breaks occur at the beginning of 2000, 2003, 2004, 2005, 2006, 2007, 2008 and 2009 for CPS labor force and employment series due to adjustments in population controls primarily reflecting revised estimates of net international migration and updated vital statistics information. Data for civilian noninstitutional population starting January 2000 are based on 2000 Census population controls; data prior to January 2000 are based on 1990 Census population controls. In January 2003, the BLS switched to Census 2000-based controls and data for the 3 prior years were revised to reflect these new controls. This switch increased the size of the civilian noninstitutional population and, as a result, increased the estimates of employment and unemployment but the roughly proportional increases did not significantly change the overall unemployment rate. Also in January 2003, the Census introduced a large upward adjustment (+941,000) to the CPS population controls which raised the number of employed by about 575,000 and the number of unemployed by about 40,000 but had a negligible effect on the overall unemployment rate and other ratios. A downward adjustment to the CPS population controls were also incorporated in January 2004 and January 2005. The updated controls resulted in a decrease in the size of the civilian noninstitutional population and, as a result, lowered the estimates of employment and unemployment. The total unemployment rate, labor force participation rate and employment-population ratio, however, were not affected. The BLS publishes a civilian labor force series and an employment series that smooth out the effects of population control adjustments; they are found in the USECON database with the mnemonics LFRS and LERS, respectively. © Haver Analytics Vol 1: E&E - 4 9/30/10 HOUSEHOLD SURVEY (continued) Table A-2 Employment Status of the Civilian Population By Race, Sex and Age - WHITE 1 Thousands, Monthly SA NSA LFW LPW LEW LQW LUW LRW LHWH LNWN LFWN LPWN LEWN LQWN LUWN LRWN LHWHN Both sexes, 16 years and over Civilian noninstitutional population4 Civilian labor force Participation rate 2 Employed Employment-population ratio 3 Unemployed Unemployment rate Not in labor force LFWMT20 LPWMT20 LEWMT20 LQWMT20 LUWMT20 LRWMT20 LFWMT20N LPWMT20N LEWMT20N LQWMT20N LUWMT20N LRWMT20N Men, 20 years and over Civilian labor force Participation rate 2 Employed Employment-population ratio Unemployed Unemployment rate LFWWT20 LPWWT20 LEWWT20 LQWWT20 LUWWT20 LRWWT20 LFWWT20N LPWWT20N LEWWT20N LQWWT20N LUWWT20N LRWWT20N Women, 20 years and over Civilian labor force Participation rate 2 Employed Employment-population ratio Unemployed Unemployment rate LFW16 LPW16 LEW16 LQW16 LUW16 LRW16 LFW16N LPW16N LEW16N LQW16N LUW16N LRW16N Both sexes, 16 to 19 years Civilian labor force Participation rate 2 Employed Employment-population ratio Unemployed Unemployment rate © Haver Analytics Vol 1: E&E - 5 3 3 3 9/30/10 HOUSEHOLD SURVEY (continued) Table A-2 Employment Status of the Civilian Population By Race, Sex and Age - WHITE 1 Thousands, Monthly 1 Beginning in 2003, includes persons who selected this race group only. Persons who selected more than one race group are excluded. 2 Civilian labor force as a percent of the civilian noninstitutional population. 3 Civilian employment as a percent of the civilian noninstitutional population. 4 Breaks occur at the beginning of 2000, 2003, 2004, 2005, 2006, 2007, 2008 and 2009 for CPS labor force and employment series due to adjustments in population controls primarily reflecting revised estimates of net international migration and updated vital statistics information. Data for civilian noninstitutional population starting January 2000 are based on 2000 Census population controls; data prior to January 2000 are based on 1990 Census population controls. In January 2003, the BLS switched to Census 2000-based controls and data for the 3 prior years were revised to reflect these new controls. This switch increased the size of the civilian noninstitutional population and, as a result, increased the estimates of employment and unemployment but the roughly proportional increases did not significantly change the overall unemployment rate. Also in January 2003, the Census introduced a large upward adjustment (+941,000) to the CPS population controls which raised the number of employed by about 575,000 and the number of unemployed by about 40,000 but had a negligible effect on the overall unemployment rate and other ratios. A downward adjustment to the CPS population controls were also incorporated in January 2004 and January 2005. The updated controls resulted in a decrease in the size of the civilian noninstitutional population and, as a result, lowered the estimates of employment and unemployment. The total unemployment rate, labor force participation rate and employment-population ratio, however, were not affected. The BLS publishes a civilian labor force series and an employment series that smooth out the effects of population control adjustments; they are found in the USECON database with the mnemonics LFRS and LERS, respectively. © Haver Analytics Vol 1: E&E - 6 9/30/10 HOUSEHOLD SURVEY (continued) Table A-2 Employment Status of the Civilian Population By Race, Sex and Age BLACK OR AFRICAN-AMERICAN 1 Thousands, Monthly SA NSA LFB LPB LEB LQB LUB LRB LHB LNBN LFBN LPBN LEBN LQBN LUBN LRBN LHBN Both sexes, 16 years and over Civilian noninstitutional population Civilian labor force Participation rate 2 Employed Employment-population ratio 3 Unemployed Unemployment rate Not in labor force LFBMT20N LPBMT20N LEBMT20N LQBMT20N LUBMT20N LRBMT20N Men, 20 years and over Civilian labor force Participation rate 2 Employed Employment-population ratio Unemployed Unemployment rate LFBWT20N LPBWT20N LEBWT20N LQBWT20N LUBWT20N LRBWT20N Women, 20 years and over Civilian labor force Participation rate 2 Employed Employment-population ratio Unemployed Unemployment rate LFB16N LPB16N LEB16N LQB16N LUB16N LRB16N Both sexes, 16 to 19 years Civilian labor force Participation rate 2 Employed Employment-population ratio Unemployed Unemployment rate LFBMT20 LPBMT20 LEBMT20 LQBMT20 LUBMT20 LRBMT20 LFBWT20 LPBWT20 LEBWT20 LQBWT20 LUBWT20 LRBWT20 LFB16 LPB16 LEB16 LQB16 LUB16 LRB16 © Haver Analytics Vol 1: E&E - 7 4 3 3 3 9/30/10 HOUSEHOLD SURVEY (continued) Table A-2 Employment Status of the Civilian Population By Race, Sex and Age BLACK OR AFRICAN-AMERICAN 1 Thousands, Monthly 1 Beginning in 2003, includes persons who selected this race group only. Persons who reported more than one race group are excluded. Prior to 2003, persons who reported more than one race were included in the group they identified as the main race. 2 Civilian labor force as a percent of the civilian noninstitutional population. 3 Civilian employment as a percent of the civilian noninstitutional population. 4 Breaks occur at the beginning of 2000, 2003, 2004, 2005, 2006, 2007, 2008 and 2009 for CPS labor force and employment series due to adjustments in population controls primarily reflecting revised estimates of net international migration and updated vital statistics information. Data for civilian noninstitutional population starting January 2000 are based on 2000 Census population controls; data prior to January 2000 are based on 1990 Census population controls. In January 2003, the BLS switched to Census 2000-based controls and data for the 3 prior years were revised to reflect these new controls. This switch increased the size of the civilian noninstitutional population and, as a result, increased the estimates of employment and unemployment but the roughly proportional increases did not significantly change the overall unemployment rate. Also in January 2003, the Census introduced a large upward adjustment (+941,000) to the CPS population controls which raised the number of employed by about 575,000 and the number of unemployed by about 40,000 but had a negligible effect on the overall unemployment rate and other ratios. A downward adjustment to the CPS population controls were also incorporated in January 2004 and January 2005. The updated controls resulted in a decrease in the size of the civilian noninstitutional population and, as a result, lowered the estimates of employment and unemployment. The total unemployment rate, labor force participation rate and employment-population ratio, however, were not affected. The BLS publishes a civilian labor force series and an employment series that smooth out the effects of population control adjustments; they are found in the USECON database with the mnemonics LFRS and LERS, respectively. © Haver Analytics Vol 1: E&E - 8 9/30/10 HOUSEHOLD SURVEY (continued) Variable LNASN LFASN LPASN LEASN LQASN LUASN LRASN LHASN 1 2 3 4 Table A-2 Employment Status of the Civilian Population By Race, Sex and Age - ASIAN 1 Thousands, Monthly Not Seasonally Adjusted Both Sexes, 16 years and over Civilian noninstitutional population Civilian labor force Participation rate 2 Employed Employment-population ratio 3 Unemployed Unemployment rate Not in labor force 4 Beginning in 2003, includes persons who selected this race group only. Persons who selected more than one race group are excluded. Civilian labor force as a percent of the civilian noninstitutional population. Civilian employment as a percent of the civilian noninstitutional population. Breaks occur at the beginning of 2000, 2003, 2004, 2005, 2006, 2007, 2008 and 2009 for CPS labor force and employment series due to adjustments in population controls primarily reflecting revised estimates of net international migration and updated vital statistics information. Data for civilian noninstitutional population starting January 2000 are based on 2000 Census population controls; data prior to January 2000 are based on 1990 Census population controls. In January 2003, the BLS switched to Census 2000-based controls and data for the 3 prior years were revised to reflect these new controls. This switch increased the size of the civilian noninstitutional population and as a result, increased the estimates of employment and unemployment but the roughly proportional increases did not significantly change the overall unemployment rate. Also in January 2003, the Census introduced a large upward adjustment (+941,000) to the CPS population controls which raised the number of employed by about 575,000 and the number of unemployed by about 40,000 but had a negligible effect on the overall unemployment rate and other ratios. A downward adjustment to the CPS population controls were also incorporated in January 2004 and January 2005. The updated controls resulted in a decrease in the size of the civilian noninstitutional population and, as a result, lowered the estimates of employment and unemployment. The total unemployment rate, labor force participation rate and employment-population ratio, however, were not affected. The BLS publishes a civilian labor force series and an employment series that smooth out the effects of population control adjustments; they are found in the USECON database with the mnemonics LFRS and LERS, respectively. © Haver Analytics Vol 1: E&E - 9 9/30/10 HOUSEHOLD SURVEY (continued) Table A-3 Employment Status of the Hispanic or Latino Population by Sex and Age Thousands, Monthly Hispanic or Latino Ethnicity 4 SA NSA -LFH LPH LEH LQH LUH LRH LHH LNHN LFHN LPHN LEHN LQHN LUHN LRHN LHHN Both sexes, 16 years and over Civilian noninstitutional population Civilian labor force Participation rate 2 Employed Employment-population ratio 3 Unemployed Unemployment rate Not in labor force LFHMT20N LPHMT20N LEHMT20N LQHMT20N LUHMT20N LRHMT20N Men, 20 years and over Civilian labor force Participation rate 2 Employed Employment-population ratio Unemployed Unemployment rate LFHWT20N LPHWT20N LEHWT20N LQHWT20N LUHWT20N LRHWT20N Women, 20 years and over Civilian labor force Participation rate 2 Employed Employment-population ratio Unemployed Unemployment rate LFH16N LPH16N LEH16N LQH16N LUH16N LRH16N Both sexes, 16 to 19 years Civilian labor force Participation rate 2 Employed Employment-population ratio Unemployed Unemployment rate ------------------- © Haver Analytics Vol 1: E&E - 10 5 3 3 3 9/30/10 HOUSEHOLD SURVEY (continued) Table A-3 Employment Status of the Hispanic or Latino Population by Sex and Age Thousands, Monthly 2 Civilian labor force as a percent of the civilian noninstitutional population. 3 Civilian employment as a percent of the civilian noninstitutional population. 4 Persons whose ethnicity is identified as Hispanic or Latino; may be of any race. 5 Breaks occur at the beginning of 2000, 2003, 2004, 2005, 2006, 2007, 2008 and 2009 for CPS labor force and employment series due to adjustments in population controls primarily reflecting revised estimates of net international migration and updated vital statistics information. Data for civilian noninstitutional population starting January 2000 are based on 2000 Census population controls; data prior to January 2000 are based on 1990 Census population controls. In January 2003, the BLS switched to Census 2000-based controls and data for the 3 prior years were revised to reflect these new controls. This switch increased the size of the civilian noninstitutional population and, as a result, increased the estimates of employment and unemployment but the roughly proportional increases did not significantly change the overall unemployment rate. Also in January 2003, the Census introduced a large upward adjustment (+941,000) to the CPS population controls which raised the number of employed by about 575,000 and the number of unemployed by about 40,000 but had a negligible effect on the overall unemployment rate and other ratios. A downward adjustment to the CPS population controls were also incorporated in January 2004 and January 2005. The updated controls resulted in a decrease in the size of the civilian noninstitutional population and, as a result, lowered the estimates of employment and unemployment. The total unemployment rate, labor force participation rate and employment-population ratio, however, were not affected. The BLS publishes a civilian labor force series and an employment series that smooth out the effects of population control adjustments; they are found in the USECON database with the mnemonics LFRS and LERS, respectively. © Haver Analytics Vol 1: E&E - 11 9/30/10 HOUSEHOLD SURVEY (continued) Table A-4 Labor Force Status of the Civilian Population By Educational Attainment 25 Years and Over Thousands, Monthly SA NSA LFLHS25 LPLHS25 LELHS25 LQLHS25 LULHS25 LRLHS25 LFLHS25N LPLHS25N LELHS25N LQLHS25N LULHS25N LRLHS25N Less than a high school diploma Civilian labor force Participation rate 2 Employed Employment-population ratio Unemployed Unemployment rate LFHSG25N LPHSG25N LEHSG25N LQHSG25N LUHSG25N LRHSG25N High school graduates, no college 4 Civilian labor force Participation rate 2 Employed Employment-population ratio 3 Unemployed Unemployment rate LFLBA25N LPLBA25N LELBA25N LQLBA25N LULBA25N LRLBA25N Less than bachelor's degree 5 Civilian labor force Participation rate 2 Employed Employment-population ratio Unemployed Unemployment rate LFCLG25N LPCLG25N LECLG25N LQCLG25N LUCLG25N LRCLG25N Bachelor's degree and higher 6 Civilian labor force Participation rate 2 Employed Employment-population ratio Unemployed Unemployment rate LFHSG25 LPHSG25 LEHSG25 LQHSG25 LUHSG25 LRHSG25 LFLBA25 LPLBA25 LELBA25 LQLBA25 LULBA25 LRLBA25 LFCLG25 LPCLG25 LECLG25 LQCLG25 LUCLG25 LRCLG25 2 3 4 5 6 3 3 3 Civilian labor force as a percent of the civilian noninstitutional population. Civilian employment as a percent of the civilian noninstitutional population. Includes high school diploma or equivalent. Includes "some college, no degree" and "associate degree". Includes persons with bachelor's, master's, professional and doctoral degrees. © Haver Analytics Vol 1: E&E - 12 9/30/10 HOUSEHOLD SURVEY (continued) Table A-5 Employment status of the civilian population 18 years and over by veteran status, period of service, and sex 1 Thousands, Monthly Not Seasonally Adjusted Total Men Women LNV LNVM LNVW LFVN LPVN LEVN LQVN LFVMN LPVMN LEVMN LQVMN LFVWN LPVWN LEVWN LQVWN LTUVN LRVN LHVN LTUVMN LRVMN LHVMN LTUVWN LRVWN LHVWN LNV2 LNV2M LNV2W LFV2N LPV2N LEV2N LQV2N LFV2MN LPV2MN LEV2MN LQV2MN LFV2WN LPV2WN LEV2WN LQV2WN LTUV2N LRV2N LHV2N LTUV2MN LRV2MN LHV2MN LTUV2WN LRV2WN LHV2WN LNV1 LNV1M LNV1W LFV1N LPV1N LEV1N LQV1N LTUV1N LRV1N LHV1N LFV1MN LPV1MN LEV1MN LQV1MN LTUV1MN LRV1MN LHV1MN LFV1WN LPV1WN LEV1WN LQV1WN LTUV1WN LRV1WN LHV1WN © Haver Analytics VETERANS, 18 YEARS AND OVER Civilian noninstitutional population Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force Gulf War-era II veterans Civilian noninstitutional population Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force Gulf War-era I veterans Civilian noninstitutional population Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force Vol 1: E&E - 13 9/30/10 HOUSEHOLD SURVEY (continued) Table A-5 Employment status of the civilian population 18 years and over by veteran status, period of service, and sex 1 Thousands, Monthly Not Seasonally Adjusted Total Men Women LNVV LFVVN LPVVN LEVVN LQVVN LTUVVN LRVVN LHVVN LNVVM LFVVMN LPVVMN LEVVMN LQVVMN LTUVVMN LRVVMN LHVVMN LNVVW LFVVWN LPVVWN LEVVWN LQVVWN LTUVVWN LRVVWN LHVVWN World War II, Korean War, and Vietnam-era veterans Civilian noninstitutional pop’n Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force LNVO LFVON LPVON LEVON LQVON LTUVON LRVON LHVON LNVOM LFVOMN LPVOMN LEVOMN LQVOMN LTUVOMN LRVOMN LHVOMN LNVOW LFVOWN LPVOWN LEVOWN LQVOWN LTUVOWN LRVOWN LHVOWN Veterans of other service periods Civilian noninstitutional pop’n Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force LNO LFON LPON LEON LQON LTUON LRON LHON LNOM LFOMN LPOMN LEOMN LQOMN LTUOMN LROMN LHOMN LNOW LFOWN LPOWN LEOWN LQOWN LTUOWN LROWN LHOWN NONVETERANS, 18 YEARS AND OVER Civilian noninstitutional pop’n Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force 1 Veterans served on active duty in the U.S. Armed Forces and were not on active duty at the time of the survey. Nonveterans never served on active duty in the U.S. Armed Forces. Veterans could have served anywhere in the world during these periods of service: Gulf War era II (September 2001-present), Gulf War era I (August 1990-August 2001), Vietnam era (August 1964-April 1975), Korean War (July 1950-January 1955), World War II (December 1941-December 1946), and other service periods (all other time periods). Veterans who served in more than one wartime period are classified only in the most recent one. Veterans who served during one of the selected wartime periods and another period are classified only in the wartime period. Updated population controls are introduced annually with the release of January data. © Haver Analytics Vol 1: E&E - 14 9/30/10 HOUSEHOLD SURVEY (continued) Table A-6 Employment status of the civilian population by sex, age, and disability status 1 Thousands Monthly, Not Seasonally Adjusted With Without Disability1 Disability LND LFDN LPDN LEDN LQDN LTUDN LRDN LHDN LFD64M LPD64MN LED64MN LQD64MN LTUD64MN LRD64MN LHD64MN LFD64W LPD64WN LED64WN LQD64WN LTUD64WN LRD64WN LHD64WN LFD65 LPD65N LED65N LQD65N LTUD65N LRD65N LHD65N 1 LNZ LFZN LPZN LEZN LQZN LTUZN LRZN LHZN TOTAL, 16 YEARS AND OVER Civilian noninstitutional population Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force LFZ64M LPZ64MN LEZ64MN LQZ64MN LTUZ64MN LRZ64MN LHZ64MN Men, 16 to 64 years Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force LFZ64W LPZ64WN LEZ64WN LQZ64WN LTUZ64WN LRZ64WN LHZ64WN Women, 16 to 64 years Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force LFZ65 LPZ65N LEZ65N LQZ65N LTUZ65N LRZ65N LHZ65N Both sexes, 65 years and over Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force A person with a disability has at least one of the following conditions: is deaf or has serious difficulty hearing; is blind or has serious difficulty seeing even when wearing glasses; has serious difficulty concentrating, remembering, or making decisions because of a physical, mental, or emotional condition; has serious difficulty walking or climbing stairs; has difficulty dressing or bathing; or has difficulty doing errands alone such as visiting a doctor's office or shopping because of a physical, mental, or emotional condition. Updated population controls are introduced annually with the release of January data. © Haver Analytics Vol 1: E&E - 15 9/30/10 HOUSEHOLD SURVEY (continued) Table A-7 Employment status of the civilian population by nativity and sex 1 Thousands Monthly, Not Seasonally Adjusted Total Men Women LNBF LNBFM LNBFW LFBFN LPBFN LEBFN LQBFN LFBFMN LPBFMN LEBFMN LQBFMN LFBFWN LPBFWN LEBFWN LQBFWN LTUBFN LRBFN LHBFN LTUBFMN LRBFMN LHBFMN LTUBFWN LRBFWN LHBFWN LNBD LNBDM LNBDW LFBDN LPBDN LEBDN LQBDN LFBDMN LPBDMN LEBDMN LQBDMN LFBDWN LPBDWN LEBDWN LQBDWN LTUBDN LRBDN LHBDN LTUBDMN LRBDMN LHBDMN LTUBDWN LRBDWN LHBDWN 1 Foreign born, 16 years & over Civilian noninstitutional population Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force Native born, 16 years & over Civilian noninstitutional population Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate Not in labor force The foreign born are those residing in the United States who were not U.S. citizens at birth. That is, they were born outside the United States or one of its outlying areas such as Puerto Rico or Guam, to parents neither of whom was a U.S. citizen. The native born are persons who were born in the United States or one of its outlying areas such as Puerto Rico or Guam or who were born abroad of at least one parent who was a U.S. citizen. Updated population controls are introduced annually with the release of January data. © Haver Analytics Vol 1: E&E - 16 9/30/10 HOUSEHOLD SURVEY (continued) Table A-8 Employed Persons by Class of Worker and Part-time Status Thousands, Monthly SA NSA LEA LEAWS LEASE -LENA LENWS LENWSG LENWSP -LENWSO LENSE ----- LEAN LEAWSN LEASEN LEAUFN LENAN LENWSN LENWSGN LENWSPN LENWSPHN LENWSON LENSEN LENSEHN LENUFN LENUFHN LENUAN LEPTE LEPTSW LEPTCO LEPTV LEPTEN LEPTSWN LEPTCON LEPTVN LEPTN LEPTNSW LEPTNCO LEPTNV LEPTNN LEPTNSWN LEPTNCON LEPTNVN By class of worker Agriculture and related industries: Wage and salary workers Self-employed workers Unpaid family workers Nonagricultural industries: 2 Wage and salary workers Government Private industries Private households Other industries Self-employed workers Average hours Unpaid family workers Average hours Workers on unpaid absence 2 Persons at work part-time 3 All industries: Part-time for economic reasons 4 Slack work or business conditions Could only find part-time work Part-time for noneconomic reasons 5 Nonagricultural industries: Part-time for economic reasons 4 Slack work or business conditions Could only find part-time work Part-time for noneconomic reasons 5 2 Starting January 1998, seasonally adjusted "agriculture and related industries (LEA)" and seasonally adjusted "nonagricultural industries (LENA)" do not add up to seasonally adjusted total employment (LE) because total employment is seasonally adjusted independently of agricultural and nonagricultural employment beginning January 1998. 3 Excludes employed persons who were absent from their jobs during the entire reference week for reasons such as vacation, illness, or industrial dispute. Part time for noneconomic reasons excludes persons who usually work full time but worked only 1 to 34 hours during the reference week for reasons such as holidays, illness, and bad weather. © Haver Analytics Vol 1: E&E - 17 9/30/10 HOUSEHOLD SURVEY (continued) Table A-8 Employed Persons by Class of Worker and Part-time Status 4 Please note that data for "part-time for economic reasons" and "part-time for noneconomic reasons" found in Table A-8 will not add up to "employed part-time workers" in Table A-9 because employed part-time workers in Table A-9 reflect individuals who USUALLY work part-time while the economic and noneconomic part-time series reflect individuals who were AT WORK only part-time during the reference period but may usually work full-time. There is a break in the data from 1993 to 1994 for part-time workers for economic and noneconomic reasons (LEPTE/LEPTEN, LEPTV/LEPTVN, LEPTN/LEPTNN and LEPTNV/LEPTNVN) because the distinction between part-time workers working for economic (involuntarily) and noneconomic (voluntarily) reasons was tightened in 1994. Starting in 1994, workers who are part-time for economic reasons must want and be available for full-time work; those usually working full time are assumed to meet these criteria. This change was made so that respondents would better understand the differences between working part-time for economic or noneconomic reasons. 5 Part-time for noneconomic reasons excludes persons who usually work full time but worked only 1 to 34 hours during the reference weeks for reasons such as holidays, illness and bad weather. Please note that data for "part-time for economic reasons" and "part-time for noneconomic reasons" found in Table A-8 will not add up to "employed part-time workers" in Table A-9 because employed part-time workers in Table A-9 reflect individuals who USUALLY work part-time while the economic and noneconomic part-time series reflect individuals who were AT WORK only part-time during the reference period but may usually work full-time. There is a break in the data from 1993 to 1994 for part-time workers (LEPTE/LEPTEN, LEPTV/LEPTVN, LEPTN/LEPTNN and LEPTNV/LEPTNVN) because the distinction between part-time workers working for economic (involuntarily) and noneconomic (voluntarily) reasons was tightened in 1994. Starting in 1994, workers who are part-time for economic reasons must want and be available for full-time work; those usually working full time are assumed to meet these criteria. This change was made so that respondents would better understand the differences between working part-time for economic or noneconomic reasons. 6 Frequently referred to as the "partially unemployed." Excludes persons who usually work full time but worked 1 to 34 hours during the reference weeks for reasons such as holidays, illness and bad weather. © Haver Analytics Vol 1: E&E - 18 9/30/10 HOUSEHOLD SURVEY (continued) Table A-9 Selected Employment Indicators Thousands, Monthly SA NSA LE LE16 LN16BE LN18E LET20 LN20E LN25 LN25AE LN25BE LN35AE LN45AE LN55E LEN LE16N LN16BNE LN18NE LET20N LN20NE LN25N LN25ANE LN25BNE LN35ANE LN45ANE LN55NE AGE AND SEX Total civilian employment, 16 years & over 16 to 19 years 16 to 17 years 18 to 19 years 20 years and over 20 to 24 years 25 years and over 25 to 54 years 25 to 34 years 35 to 44 years 45 to 54 years 55 years and over LEMT16 LNM16AE LNM16BE LNM18E LEMT20 LNM20E LNM25 LNM25AE LNM25BE LNM35AE LNM45AE LNM55E LEMT16N LNM16ANE LNM16BNE LNM18NE LEMT20N LNM20NE LNM25N LNM25ANE LNM25BNE LNM35ANE LNM45ANE LNM55NE Men, 16 years and over 16 to 19 years 16 to 17 years 18 to 19 years 20 years and over 20 to 24 years 25 years and over 25 to 54 years 25 to 34 years 35 to 44 years 45 to 54 years 55 years and over LEWT16 LNF16AE LNF16BE LNF18E LEWT20 LNF20E LNF25 LNF25AE LNF25BE LNF35AE LNF45AE LNF55E LEWT16N LNF16ANE LNF16BNE LNF18NE LEWT20N LNF20NE LNF25N LNF25ANE LNF25BNE LNF35ANE LNF45ANE LNF55NE Women, 16 years and over 16 to 19 years 16 to 17 years 18 to 19 years 20 years and over 20 to 24 years 25 years and over 25 to 54 years 25 to 34 years 35 to 44 years 45 to 54 years 55 years and over © Haver Analytics Vol 1: E&E - 19 4 9/30/10 HOUSEHOLD SURVEY (continued) Table A-9 Selected Employment Indicators Thousands, Monthly SA NSA LEMM LEMW -- LEMMN LEMWN LEWFN MARITAL STATUS Married men, spouse present Married women, spouse present Women who maintain families LEWFTN LEWPTN FULL-TIME OR PART-TIME STATUS Full-time workers 2 Part-time workers 3 LMN LMXN MULTIPLE JOBHOLDERS Total multiple jobholders Percent of total employed LEWFT LEWPT LM LMX 2 Employed full-time workers are persons who usually work 35 hours or more per week. Seasonally adjusted "full-time workers (LEWFT)" and seasonally adjusted "part-time workers (LEWPT)" do not add up to seasonally adjusted total employment (LE) because total employment is seasonally adjusted independently of full-time and part-time workers. 3 Employed part-time workers are persons who USUALLY work less than 35 hours per week. Please note that data for "part-time for economic reasons" and "part-time for noneconomic reasons" found in Table A-8 will not add up to "employed part-time workers" in Table A-9 because employed part-time workers in Table A-9 reflect individuals who USUALLY work part-time while the economic and noneconomic part-time series reflect individuals who were AT WORK only part-time during the reference period but may usually work full-time. Seasonally adjusted "full-time workers (LEWFT)" and seasonally adjusted "part-time workers (LEWPT)" do not add up to seasonally adjusted total employment (LE) because total employment is seasonally adjusted independently of full-time and part-time workers. There is a break from 1993 to 1994 for part-time workers (LEWPT/LEWPTN) because starting in 1994 the classification of full- and part-time workers is based on their usual weekly hours worked. Prior to 1994, persons who worked full- or part-time in the reference week were not asked about their usual hours for other weeks and were assumed to work either full- or part-time according to their hours worked in the reference week. After 1994, all respondents are asked for the number of hours they usually work. © Haver Analytics Vol 1: E&E - 20 9/30/10 HOUSEHOLD SURVEY (continued) Table A-9 Selected Employment Indicators Thousands, Monthly 4 Breaks occur at the beginning of 2000, 2003, 2004, 2005, 2006, 2007, 2008 and 2009 for CPS labor force and employment series due to adjustments in population controls primarily reflecting revised estimates of net international migration and updated vital statistics information. Data for civilian noninstitutional population starting January 2000 are based on 2000 Census population controls; data prior to January 2000 are based on 1990 Census population controls. In January 2003, the BLS switched to Census 2000-based controls and data for the 3 prior years were revised to reflect these new controls. This switch increased the size of the civilian noninstitutional population and, as a result, increased the estimates of employment and unemployment but the roughly proportional increases did not significantly change the overall unemployment rate. Also in January 2003, the Census introduced a large upward adjustment (+941,000) to the CPS population controls which raised the number of employed by about 575,000 and the number of unemployed by about 40,000 but had a negligible effect on the overall unemployment rate and other ratios. A downward adjustment to the CPS population controls were also incorporated in January 2004 and January 2005. The updated controls resulted in a decrease in the size of the civilian noninstitutional population and, as a result, lowered the estimates of employment and unemployment. The total unemployment rate, labor force participation rate and employment-population ratio, however, were not affected. The BLS publishes a civilian labor force series and an employment series that smooth out the effects of population control adjustments; they are found in the USECON database with the mnemonics LFRS and LERS, respectively. © Haver Analytics Vol 1: E&E - 21 9/30/10 HOUSEHOLD SURVEY (continued) Table A-10 Selected Unemployment Indicators Thousands, Monthly Seasonally Adjusted Unless Otherwise Indicated UnThousands of Employment Unemployed Persons Rate 5 LR LR16 LR17 LR18 LRT20 LR200 LRT25 LR25 LR25A LR35 LR45 LRT55 LTU LU16 LU17 LU18 LUT20 LU200 LUT25 LU25 LU25A LU35 LU45 LUT55 Total, 16 years and over 16 to 19 years 16 to 17 years 18 to 19 years 20 years and over 20 to 24 years 25 years and over 25 to 54 years 25 to 34 years 35 to 44 years 45 to 54 years 55 years and over LRMT16 LRM19 LRM17 LRM18 LRMT20 LRM20 LRMT25 LRM25 LRM25A LRM35 LRM45 LRMT55 LUMT16 LUM19 LUM17 LUM18 LUMT20 LUM20 LUMT25 LUM25 LUM25A LUM35 LUM45 LUMT55 Men, 16 years and over 16 to 19 years 16 to 17 years 18 to 19 years 20 years and over 20 to 24 years 25 years and over 25 to 54 years 25 to 34 years 35 to 44 years 45 to 54 years 55 years and over LRWT16 LRW19 LRW17 LRW18 LRWT20 LRW20 LRWT25 LRW25 LRW25A LRW35 LRW45 LRWT55 LUWT16 LUW19 LUW17 LUW18 LUWT20 LUW20 LUWT25 LUW25 LUW25A LUW35 LUW45 LUWT55 Women, 16 years and over 16 to 19 years 16 to 17 years 18 to 19 years 20 years and over 20 to 24 years 25 years and over 25 to 54 years 25 to 34 years 35 to 44 years 45 to 54 years 55 years and over (NSA) © Haver Analytics Vol 1: E&E - 22 2 9/30/10 HOUSEHOLD SURVEY (continued) Table A-10 Selected Unemployment Indicators Thousands, Monthly Seasonally Adjusted Unless Otherwise Indicated UnThousands of Employment Unemployed Persons Rate LRMM LRMW LRWF LUMM LUMW LUWF Married men, spouse present Married women, spouse present Women who maintain families (NSA) LRFT LRPT LUFT LUPT Full-time workers Part-time workers 2 3 4 5 2 3 4 Not available seasonally adjusted because the seasonal component cannot be separate with sufficient precision. Full-time workers are unemployed persons who have expressed a desire to work full time (35 hours or more per week) or are on layoff from full-time jobs. Part-time workers are unemployed persons who have expressed a desire to work part time (less than 35 hours per week) or are on layoff from part-time jobs. Breaks occur at the beginning of 2000, 2003, 2004, 2005, 2006, 2007, 2008 and 2009 for CPS labor force and employment series due to adjustments in population controls primarily reflecting revised estimates of net international migration and updated vital statistics information. Data for civilian noninstitutional population starting January 2000 are based on 2000 Census population controls; data prior to January 2000 are based on 1990 Census population controls. In January 2003, the BLS switched to Census 2000-based controls and data for the 3 prior years were revised to reflect these new controls. This switch increased the size of the civilian noninstitutional population and, as a result, increased the estimates of employment and unemployment but the roughly proportional increases did not significantly change the overall unemployment rate. Also in January 2003, the Census introduced a large upward adjustment (+941,000) to the CPS population controls which raised the number of employed by about 575,000 and the number of unemployed by about 40,000 but had a negligible effect on the overall unemployment rate and other ratios. A downward adjustment to the CPS population controls were also incorporated in January 2004 and January 2005. The updated controls resulted in a decrease in the size of the civilian noninstitutional population and, as a result, lowered the estimates of employment and unemployment. The total unemployment rate, labor force participation rate and employment-population ratio, however, were not affected. The BLS publishes a civilian labor force series and an employment series that smooth out the effects of population control adjustments; they are found in the USECON database with the mnemonics LFRS and LERS, respectively. © Haver Analytics Vol 1: E&E - 23 9/30/10 HOUSEHOLD SURVEY (continued) Table A-11 Reasons for Unemployment Thousands, Monthly SA NSA LUJL LUJLN LUJLL LUJLO LUJLPM LUJCTJ LUJLV LURE LUNE LUJLLN LUJLON LUJLPMN LUJCTJN LUJLVN LUREN LUNEN LUJLP LUJLPN LUJLLP LUJLOP LUJLVP LUREP LUNEP LUJLLPN LUJLOPN LUJLVPN LUREPN LUNEPN LRJL LRJLN LRJLV LRRE LRNE LRJLVN LRREN LRNEN © Haver Analytics Number of unemployed Job losers & persons who completed temporary jobs On temporary layoff Not on temporary layoff Permanent job losers Persons who completed temporary jobs Job leavers Reentrants New entrants Percent distribution Job losers & persons who completed temporary jobs On temporary layoff Not on temporary layoff Job leavers Reentrants New entrants Unemployed as a percent of the civilian labor force Job losers & persons who completed temporary jobs Job leavers Reentrants New entrants Vol 1: E&E - 24 9/30/10 HOUSEHOLD SURVEY (continued) Table A-12 Duration of Unemployment Thousands, Monthly SA NSA LU0 LU5 LUT15 LU15 LUT27 LUAD LUMD LU0N LU5N LUT15N LU15N LUT27N LUADN LUMDN Duration of unemployment Less than 5 weeks 5 to 14 weeks 15 weeks and over 15 to 26 weeks 27 weeks and over Average (mean) duration, in weeks Median duration, in weeks LU0PN LU5PN LUT15PN LU15PN LUT27PN Percent distribution of unemployment by duration Total unemployed (100 percent) Less than 5 weeks 5 to 14 weeks 15 weeks and over 15 to 26 weeks 27 weeks and over LU0P LU5P LUT15P LU15P LUT27P © Haver Analytics Vol 1: E&E - 25 9/30/10 HOUSEHOLD SURVEY (continued) Table A-13 Employment and Unemployment by Occupation Total, 16 years and over Thousands, Monthly Not Seasonally Adjusted Thousands UnOf UnEmployment Employed Persons Rate Thousands Of Employed Persons LRN LRMPTN LTUN LUMPTN LEN LEMPTN LRMPBN LUMPBN LEMPBN LRMPON LUMPON LEMPON LRSVN LRSLN LRSRN LUSVN LUSLN LUSRN LESVN LESLN LESRN LRSON LRNRN LUSON LUNRN LESON LENRN LRNFN LRNCN LRNMRN LUNFN LUNCN LUNMRN LENFN LENCN LENMRN LRPON LUPON LEPON LRPOPN LRPOTN LUPOPN LUPOTN LEPOPN LEPOTN 2 Total, 16 years and over 2 Management, professional and related occupations Management, business and financial operations Professional and related occupations Service occupations Sales and office occupations Sales and related occupations Office and administrative Natural resources, construction and maintenance Farming, fishing & forestry Construction and extraction Installation, maintenance and repair Production, transportation and material moving occupations Production Transportation and material moving Persons with no previous work experience and persons whose last job was in the Armed Forces are included in the unemployed total. © Haver Analytics Vol 1: E&E - 26 9/30/10 HOUSEHOLD SURVEY (continued) Table A-14 Unemployment by Industry Thousands, Monthly Not Seasonally Adjusted UnThousands of Employment Unemployed Persons Rate LRN LRNAN LTUN LUNAN LRNA21N LUNA21N LRNA23N LRNAMGN LRNAMGDN LRNAMGNN LRNAWRTN LRNATUN LRNA51N LRNAFINN LRNAPBSN LRNAEHSN LRNALHSN LRNAOSN LRARN LUNA23N LUNAMGN LUNAMGDN LUNAMGNN LUNAWRTN LUNATUN LUNA51N LUNAFINN LUNAPBSN LUNAEHSN LUNALHSN LUNAOSN LUARN LRGN LRSUN LUGN LUSUN 2 Total, 16 years and over 2 Nonagricultural private wage and salary workers Mining, quarrying and oil & gas extraction Construction Manufacturing Durable goods Nondurable goods Wholesale trade and retail trade Transportation & utilities Information Financial activities Professional and business services Educational and health services Leisure and hospitality Other services Agriculture and related private wage and salary workers Government workers Self-employed and unpaid family workers Persons with no previous work experience and persons whose last job was in the Armed Forces are included in the unemployed total. © Haver Analytics Vol 1: E&E - 27 9/30/10 HOUSEHOLD SURVEY (continued) Table A-15 Alternative Measures of Labor Underutilization Percent, monthly SA NSA MLU1 MLU1N U-1 Persons unemployed 15 weeks or longer as a percent of the civilian labor force LRJL LRJLN U-2 Job losers and persons who completed temporary jobs as a percent of the civilian labor force (CLF) LR LRN U-3 Total unemployed as a percent of the CLF (official unemployment rate) MLU4 MLU4N U-4 Total unemployed plus discouraged workers as a percent of the civilian labor force (CLF) plus discouraged workers 1 MLU5 MLU5N U-5 Total unemployed plus all marginally attached workers as a percent of the CLF plus all marginally attached workers1 MLU6 MLU6N U-6 Total unemployed plus all marginally attached workers plus total employed part time for economic reasons as a percent of the CLF plus all marginally attached workers1 1 Persons marginally attached to the labor force are those who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the past 12 months. Discouraged workers, a subset of the marginally attached, have given a job-market related reason for not currently looking for work. Persons employed part time for economic reasons are those who want and are available for full-time work but have had to settle for a part-time schedule. © Haver Analytics Vol 1: E&E - 28 9/30/10 HOUSEHOLD SURVEY (continued) Table A-16 Persons Not in the Labor Force by Sex Thousands, Monthly Not Seasonally Adjusted Total Male Female LHN LHWN LHMN LHWMN LHFN LHWFN LHWSAN LHWSAMN LHWSAFN LHWNDN LHWNDMN LHWNDFN LHWNRN LHWNRMN LHWNRFN Not in the labor force Total not in the labor force Persons who currently want a job Marginally attached to the labor force 1 Reason not currently looking: Discouragement over job prospects2 Reasons other than discouragement3 1 Data refer to persons who have searched for work during the prior 12 months and were available to take a job during the reference week. These "marginally attached workers" are included in the Range of Alternative Measures of Labor Underutilization. 2 Includes; thinks no work available, could not find work, lacks schooling or training, employer thinks too young or old and other types of discrimination. Called "discouraged workers." 3 Includes those who did not actively look for work during the prior 4 weeks for such reasons as child-care and transportation problems, and a small number of nonparticipants for undetermined reason. Table A-16 Multiple Jobholders by Sex Thousands, Monthly Not Seasonally Adjusted Total Male Female LMN LMXN LMPSN LMMN LMMXN LMPSMN LMFN LMFXN LMPSFN LMSPN LMSPMN LMSPFN LMFTN LMFTMN LMFTFN LMHVN LMHVMN LMHVFN 2 Multiple jobholders 2 Percent of total employed Primary job full time, secondary job part time Primary and secondary jobs both part time Primary and secondary jobs both full time Hours vary on primary or secondary job Includes persons who work part time on their primary job and full time on their secondary job(s), not shown separately. © Haver Analytics Vol 1: E&E - 29 9/30/10 Establishment Survey (Payroll Employment) Variable Table B. Summary Table Monthly, Seasonally Adjusted LANAGRD LAPRIVD LAGOODD LANTRMD LACONSD LAMANUD LADURGD LAMVPD LANDURD LAPSRVD LAWTRDD LARTRDD LATRAND LAINFOD LAFIRED LAPBSVD LAR132D LAEDUHD LAHLTHD LALEIHD LASRVOD LAGOVTD EMPLOYMENT BY SELECTED INDUSTRY (Over-the-month change, in thousands) Total nonfarm Total private Goods-producing Mining and logging Construction Manufacturing Durable goods 1 Motor vehicles and parts Nondurable goods Private service-providing 1 Wholesale trade Retail trade Transportation and warehousing Information Financial activities Professional and business services 1 Temporary help services Education and health services 1 Health care and social assistance Leisure and hospitality Other services Government LWNAGRS LWPRIVS LPPRIVS WOMEN AND PRODUCTION AND NONSUPERVISORY EMPLOYEES 2 AS A PERCENT OF ALL EMPLOYEES Total nonfarm women employees Total private women employees Total private production and nonsupervisory employees LRTPRIVA LETPRIVA LKTPRIVA LITPRIVA LITPRIVP LGTPRIVA LGTPRIVP HOURS AND EARNINGS OF ALL EMPLOYEES Total private Average weekly hours Average hourly earnings Average weekly earnings Index of aggregate weekly hours (2007=100) 3 Over-the-month percent change Index of aggregate weekly payrolls (2007=100) Over-the-month percent change © Haver Analytics Vol 1: E&E - 30 4 9/30/10 ESTABLISHMENT SURVEY (continued) Variable Table B. Summary Table Monthly, Seasonally Adjusted LRPRIVA LEPRIVA LKPRIVA LIPRIVA LIPRIVP LGPRIVA LGPRIVP HOURS AND EARNINGS OF PRODUCTION AND NONSUPERVISORY EMPLOYEES Total private Average weekly hours Average hourly earnings Average weekly earnings Index of aggregate weekly hours (2002=100) 3 Over-the-month percent change Index of aggregate weekly payrolls (2002=100) 4 Over-the-month percent change ZDLA ZDLAM DIFFUSION INDEX (Over 1-month span) Total private Manufacturing 5 1 Includes other industries, not shown separately. 2 Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries. 3 The indexes of aggregate weekly hours are calculated by dividing the current month's estimates of aggregate hours by the corresponding annual average aggregate hours. 4 The indexes of aggregate weekly payrolls are calculated by dividing the current month's estimates of aggregate weekly payrolls by the corresponding annual average aggregate weekly payrolls. 5 Figures are the percent of industries with employment increasing plus one-half of the industries with unchanged employment, where 50 percent indicates an equal balance between industries with increasing and decreasing employment. © Haver Analytics Vol 1: E&E - 31 9/30/10 ESTABLISHMENT SURVEY (continued) Table B-1 Employees on Nonfarm Payrolls by Industry Subsectors and Selected Detail Thousands, Monthly SA NSA LANAGRA LAPRIVA LAGOODA LANTRMA LAA33A LAMINGA LAB1A LAB2A LAB21A LAB3A LACONSA LAD6A LAD61A LAD62A LAD7A LANAGR LAPRIV LAGOOD LANTRM LAA33 LAMING LAB1 LAB2 LAB21 LAB3 LACONS LAD6 LAD61 LAD62 LAD7 LAD8A LAD8RA LAD8NA LAMANUA LADURGA LAF1A LAF7A LAG1A LAG2A LAG3A LAG4A LAG41A LAG42A LAG44A LAD8 LAD8R LAD8N LAMANU LADURG LAF1 LAF7 LAG1 LAG2 LAG3 LAG4 LAG41 LAG42 LAG44 LAG45A LAG5A LAG6A LAGMVPA LAG45 LAG5 LAG6 LAGMVP LAG7A LAG9A LAG7 LAG9 © Haver Analytics Total nonfarm 4 Total private Goods-producing industries Mining & logging (1133,21) Logging (1133) Mining (21) Oil & gas extraction (211) Mining except oil & gas (212) 1 Coal mining (2121) Support activities for mining(213) Construction (23) Construction of buildings (236) Residential Nonresidential Heavy & civil engineering construction (237) Specialty trade contractors (238) Residential Nonresidential Manufacturing (31-33) Durable goods (321,327,33) Wood products (321) Nonmetallic mineral products (327) Primary metals (331) Fabricated metal products (332) Machinery (333) Computer & electronic products(334) Computer & peripheral eqpt(3341) Communications equipment (3342) Semiconductor & electronic components (3344) Electronic instruments (3345) Electrical eqpt & appliances(335) Transportation equipment (336) Motor vehicles & parts (3361,3362,3363) 3 Furniture & related products (337) Miscellaneous (339) Vol 1: E&E - 32 1 9/30/10 ESTABLISHMENT SURVEY (continued) Table B-1 Employees on Nonfarm Payrolls by Industry Subsectors and Selected Detail Thousands, Monthly SA NSA LANDURA LAE1A LAE2A LAE3A LAE4A LAE5A LAE6A LAF2A LAF3A LANDUR LAE1 LAE2 LAE3 LAE4 LAE5 LAE6 LAF2 LAF3 LAF4A LAF5A LAF6A LAF4 LAF5 LAF6 LAPSRVA LATTULA LAWTRDA LAH3A LAH4A LAH5A LAPSRV LATTUL LAWTRD LAH3 LAH4 LAH5 LARTRDA LAI1A LAI11A LAI2A LARTRD LAI1 LAI11 LAI2 LAI3A LAI4A LAI3 LAI4 LAI5A LAI6A LAI7A LAI8A LAI5 LAI6 LAI7 LAI8 LAJ1A LAJ1 LAJ2A LAJ21A LAJ3A LAJ4A LAJ2 LAJ21 LAJ3 LAJ4 © Haver Analytics Nondurable goods (31,322-326) Food manufacturing (311) Beverage & tobacco products (312) Textile mills (313) Textile product mills (314) Apparel (315) Leather & allied products (316) Paper and paper products (322) Printing & related support activities (323) Petroleum & coal products (324) Chemicals (325) Plastics & rubber products (326) Private service-providing Trade, transportation & utilities Wholesale trade (42) Durable goods (423) Nondurable goods (424) Electronic markets, agents & brokers (425) Retail trade (44-45) Motor vehicle & parts dealers 441) 1 Automobile dealers (4411) Furniture & home furnishings stores(442) Electronics & appliance stores (443) Building material & garden supply stores (444) Food & beverage stores (445) Health & personal care stores(446) Gasoline stations (447) Clothing & clothing accessories stores (448) Sporting goods, hobby, book & music stores (451) General merchandise stores(452) 1 Department stores (4521) Miscellaneous store retailers(453) Nonstore retailers (454) Vol 1: E&E - 33 9/30/10 ESTABLISHMENT SURVEY (continued) Table B-1 Employees on Nonfarm Payrolls by Industry Subsectors and Selected Detail Thousands, Monthly SA NSA LATRANA LAK1A LAK2A LAK3A LAK4A LAK5A LATRAN LAK1 LAK2 LAK3 LAK4 LAK5 LAK6A LAK7A LAK6 LAK7 LAK8A LAK8 LAL2A LAL3A LAUTILA LAINFOA LAM1A LAM2A LAL2 LAL3 LAUTIL LAINFO LAM1 LAM2 LAM5A LAM6A LAM5 LAM6 LAM7A LAM8A LAM7 LAM8 LAM9A LAFIREA LAFINIA LAN1A LAM9 LAFIRE LAFINI LAN1 LAN2A LAN2 LAN21A LAN21 LAN211A LAN3A LAN211 LAN3 LAN4A LAN4 LAN5A LAN5 © Haver Analytics Transportation & warehousing (48-49) Air transportation (481) Rail transportation (482) Water transportation (483) Truck transportation (484) Transit & ground passenger transportation (485) Pipeline transportation (486) Scenic & sightseeing transportation (487) Support activities for transportation (488) Couriers & messengers (491, 492) Warehousing & storage (493) Utilities (22) Information (51) Publishing industries ex Internet(511) Motion picture & sound recording industries (512) Broadcasting ex Internet (515) Internet publishing & broadcasting (516) Telecommunications (517) Internet service providers, search portals & data processing (518) Other information services (519) Financial activities (52,53) Finance & insurance (52) Monetary authorities: Central Bank (521) Credit intermediation & related activities (522) 1 Depository credit intermediation (5221) 1 Commercial banking (52211) Securities, commodity contracts, investments (523) Insurance carriers & related activities (524) Funds, trusts & other financial vehicles (525) Vol 1: E&E - 34 9/30/10 ESTABLISHMENT SURVEY (continued) Table B-1 Employees on Nonfarm Payrolls by Industry Subsectors and Selected Detail Thousands, Monthly SA NSA LAREALA LAO1A LAO2A LAO3A LAREAL LAO1 LAO2 LAO3 LAPBSVA LAPTSVA LAP11A LAP12A LAPBSV LAPTSV LAP11 LAP12 LAP13A LAP13 LAP15A LAP15 LAP16A LAP16 LAMGSVA LAMGSV LAAWSVA LAAWSV LAR1A LAR1 LAR13A LAR132A LAR14A LAR17A LAR13 LAR132 LAR14 LAR17 LAR2A LAEDUHA LAEDUCA LAHLTHA LATHCA LAT1A LAR2 LAEDUH LAEDUC LAHLTH LATHC LAT1 LAT11A LAT14A LAT16A LAT2A LAT3A LAT11 LAT14 LAT16 LAT2 LAT3 LAT31A LAT4A LAT44A LAT31 LAT4 LAT44 © Haver Analytics Real estate, rental & leasing (53) Real estate (531) Rental & leasing services (532) Lessors of nonfinancial intangible assets (533) Professional & business services Professional & tech services (54) 1 Legal services (5411) Accounting & bookkeeping services (5412) Architectural & engineering services (5413) Computer systems design & related services (5415) Management & technical consulting services (5416) Management of companies & enterprises (55) Administrative & waste services (56) Administrative & support services (561) 1 Employment services (5613) 1 Temporary help services(56132) Business support services (5614) Services to buildings & dwellings (5617) Waste management & remediation Education & health services (61,62) Educational services (61) Health care & social assistance (62) Health care (621,622,623) Ambulatory health care services (621) 1 Offices of physicians (6211) Outpatient care services (6214) Home health care services(6216) Hospitals (622) Nursing & residential care facilities (623) 1 Nursing care facilities (6231) Social assistance (624) 1 Child day care services (6244) Vol 1: E&E - 35 9/30/10 ESTABLISHMENT SURVEY (continued) Table B-1 Employees on Nonfarm Payrolls by Industry Subsectors and Selected Detail Thousands, Monthly SA LALEIHA LALEISA LAU1A NSA LALEIH LALEIS LAU1 LAU2A LAU2 LAU3A LAU3 LAFDLDA LAV1A LAV2A LAFDLD LAV1 LAV2 LASRVOA LAW1A LAW2A LAW3A LASRVO LAW1 LAW2 LAW3 LAGOVTA LAFGOVA LAFGVXA LAFGPA LASGOVA LASGEA LAGOVT LAFGOV LAFGVX LAFGP LASGOV LASGE LASGXA LALGOVA LALGEA LALGXA LASGX LALGOV LALGE LALGX LAFGT Leisure & hospitality (71,72) Arts, entertainment & recreation(71) Performing arts & spectator sports (711) Museums, historical sites, zoos & parks (712) Amusements, gambling & recreation (713) Accommodation & food services (72) Accommodation (721) Food services & drinking places (722) Other services (81) Repair & maintenance (811) Personal & laundry services (812) Membership associations & organizations (813) Government Federal 5 Federal except Postal Service US Postal Service State government State government educational services State government ex educational services Local government Local government educational services Local government ex educational services Memo: Federal Government Decennial Temporary and Intermittent Workers (NSA) 5 1 Includes other industries, not shown separately. Source: Department of Labor. Bureau of Labor Statistics. "The Employment Situation." Table B-1. 3 Includes motor vehicles (3361), motor vehicle bodies and trailers (3362), and motor vehicle parts (3363). 4 Data for Puerto Rico and Virgin Islands are not used in compiling national estimates for payroll employment. 5 Federal Government Decennial Temporary and Intermittent Workers (LAFGT) is a series for temporary and intermittent workers for the decennial census performing short-term field operations which have very dynamic staffing levels that vary from day to day. During the various phases, the temporary and intermittent nature of the work can result in significant changes in monthly employment estimates as measured by the Current Employment Statistics (CES) survey. Hiring for the census is reflected in data for Federal government. 2 © Haver Analytics Vol 1: E&E - 36 9/30/10 ESTABLISHMENT SURVEY (continued) Table B-2 Average weekly hours and overtime of all employees on private nonfarm payrolls by industry sector Hours Monthly, Seasonally Adjusted Variable LRTPRIVA LRTGOODA LRTNTRMA LRTCONSA LRTMANUA LRTDURGA LRTNDURA LRTPSRVA LRTTTULA LRTWTRDA LRTRTRDA LRTTRANA LRTUTILA LRTINFOA LRTFIREA LRTPBSVA LRTEDUHA LRTLEIHA LRTSRVOA AVERAGE WEEKLY HOURS Total private Goods-producing Mining and logging Construction Manufacturing Durable goods Nondurable goods Private service-providing Trade, transportation, and utilities Wholesale trade Retail trade Transportation and warehousing Utilities Information Financial activities Professional and business services Education and health services Leisure and hospitality Other services LOTMANUA LOTDURGA LOTNDURA AVERAGE OVERTIME HOURS Manufacturing Durable goods Nondurable goods © Haver Analytics Vol 1: E&E - 37 9/30/10 ESTABLISHMENT SURVEY (continued) Table B-3 Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector Dollars Monthly, Seasonally Adjusted Average Hourly Earnings Average Weekly Earnings LETPRIVA LETGOODA LETNTRMA LETCONSA LETMANUA LETDURGA LETNDURA LETPSRVA LETTTULA LETWTRDA LETRTRDA LETTRANA LETUTILA LETINFOA LETFIREA LETPBSVA LETEDUHA LETLEIHA LETSRVOA LKTPRIVA LKTGOODA LKTNTRMA LKTCONSA LKTMANUA LKTDURGA LKTNDURA LKTPSRVA LKTTTULA LKTWTRDA LKTRTRDA LKTTRANA LKTUTILA LKTINFOA LKTFIREA LKTPBSVA LKTEDUHA LKTLEIHA LKTSRVOA © Haver Analytics Total private Goods-producing Mining and logging Construction Manufacturing Durable goods Nondurable goods Private service-providing Trade, transportation, and utilities Wholesale trade Retail trade Transportation and warehousing Utilities Information Financial activities Professional and business services Education and health services Leisure and hospitality Other services Vol 1: E&E - 38 9/30/10 ESTABLISHMENT SURVEY (continued) Table B-4 Indexes of aggregate weekly hours and payrolls for all employees on private nonfarm payrolls by industry sector 2007=100 Monthly, Seasonally Adjusted Index of Aggregate Weekly Hours 1 Index of Aggregate Weekly Payrolls 2 LITPRIVA LITGOODA LITNTRMA LITCONSA LITMANUA LITDURGA LITNDURA LITPSRVA LITTTULA LGTPRIVA LGTGOODA LGTNTRMA LGTCONSA LGTMANUA LGTDURGA LGTNDURA LGTPSRVA LGTTTULA LITWTRDA LITRTRDA LITTRANA LITUTILA LITINFOA LITFIREA LITPBSVA LITEDUHA LITLEIHA LITSRVOA LGTWTRDA LGTRTRDA LGTTRANA LGTUTILA LGTINFOA LGTFIREA LGTPBSVA LGTEDUHA LGTLEIHA LGTSRVOA Total private Goods-producing Mining and logging Construction Manufacturing Durable goods Nondurable goods Private service-providing Trade, transportation, and utilities Wholesale trade Retail trade Transportation and warehousing Utilities Information Financial activities Professional and business services Education and health services Leisure and hospitality Other services 1 The indexes of aggregate weekly hours are calculated by dividing the current month's estimates of aggregate hours by the corresponding 2007 annual average aggregate hours. Aggregate hours estimates are the product of estimates of average weekly hours and employment. 2 The indexes of aggregate weekly payrolls are calculated by dividing the current month's estimates of aggregate weekly payrolls by the corresponding 2007 annual average aggregate weekly payrolls. Aggregate payrolls estimates are the product of estimates of average hourly earnings, average weekly hours, and employment. © Haver Analytics Vol 1: E&E - 39 9/30/10 ESTABLISHMENT SURVEY (continued) Table B-5 Employment of women on nonfarm payrolls by industry sector Monthly, Seasonally Adjusted Women As Percent Employees of All (Thousands)Employees LWNAGRA LWPRIVA LWGOODA LWNTRMA LWCONSA LWMANUA LWDURGA LWNDURA LWPSRVA LWTTULA LWNAGRS LWPRIVS LWGOODS LWNTRMS LWCONSS LWMANUS LWDURGS LWNDURS LWPSRVS LWTTULS LWWTRDA LWRTRDA LWTRANA LWUTILA LWINFOA LWFIREA LWPBSVA LWEDUHA LWLEIHA LWSRVOA LWGOVTA LWWTRDS LWRTRDS LWTRANS LWUTILS LWINFOS LWFIRES LWPBSVS LWEDUHS LWLEIHS LWSRVOS LWGOVTS © Haver Analytics Total nonfarm Total private Goods-producing Mining and logging Construction Manufacturing Durable goods Nondurable goods Private service-providing Trade, transportation, and utilities Wholesale trade Retail trade Transportation and warehousing Utilities Information Financial activities Professional and business services Education and health services Leisure and hospitality Other services Government Vol 1: E&E - 40 9/30/10 ESTABLISHMENT SURVEY (continued) Variable Table B-6 Employment of production and nonsupervisory employees on private nonfarm payrolls by industry sector 1 Thousands Monthly, Seasonally Adjusted LPPRIVA LPGOODA LPNTRMA LPCONSA LPMANUA LPDURGA LPNDURA LPPSRVA LPTTULA LPWTRDA LPRTRDA LPTRANA LPUTILA LPINFOA LPFIREA LPPBSVA LPEDUHA LPLEIHA LPSRVOA 1 Total private Goods-producing Mining and logging Construction Manufacturing Durable goods Nondurable goods Private service-providing Trade, transportation, and utilities Wholesale trade Retail trade Transportation and warehousing Utilities Information Financial activities Professional and business services Education and health services Leisure and hospitality Other services Data relate to production workers in mining and natural resources and manufacturing; construction workers in construction; & nonsupervisory workers in service-providing industries. © Haver Analytics Vol 1: E&E - 41 9/30/10 ESTABLISHMENT SURVEY (continued) Table B-7 Average weekly hours and overtime of production and nonsupervisory employees on private nonfarm payrolls by industry sector 1 Monthly, Seasonally Adjusted Variable LRPRIVA LRGOODA LRNTRMA LRCONSA LRMANUA LRDURGA LRNDURA LRPSRVA LRTTULA LRWTRDA LRRTRDA LRTRANA LRUTILA LRINFOA LRFIREA LRPBSVA LREDUHA LRLEIHA LRSRVOA AVERAGE WEEKLY HOURS Total private Goods-producing Mining and logging Construction Manufacturing Durable goods Nondurable goods Private service-providing Trade, transportation, and utilities Wholesale trade Retail trade Transportation and warehousing Utilities Information Financial activities Professional and business services Education and health services Leisure and hospitality Other services LOMANUA LODURGA LONDURA AVERAGE OVERTIME HOURS Manufacturing Durable goods Nondurable goods 1 Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries. These groups account for approximately four-fifths of the total employment on private nonfarm payrolls. © Haver Analytics Vol 1: E&E - 42 9/30/10 ESTABLISHMENT SURVEY (continued) Table B-8 Average hourly and weekly earnings of production and nonsupervisory employees on private nonfarm payrolls by industry sector 1 Dollars Monthly, Seasonally Adjusted Average Hourly Earnings Average Weekly Earnings LEPRIVA LEGOODA LENTRMA LECONSA LEMANUA LEDURGA LENDURA LEPSRVA LETTULA LEWTRDA LERTRDA LETRANA LEUTILA LEINFOA LEFIREA LEPBSVA LEEDUHA LELEIHA LESRVOA LKPRIVA LKGOODA LKNTRMA LKCONSA LKMANUA LKDURGA LKNDURA LKPSRVA LKTTULA LKWTRDA LKRTRDA LKTRANA LKUTILA LKINFOA LKFIREA LKPBSVA LKEDUHA LKLEIHA LKSRVOA 1 Total private Goods-producing Mining and logging Construction Manufacturing Durable goods Nondurable goods Private service-providing Trade, transportation, and utilities Wholesale trade Retail trade Transportation and warehousing Utilities Information Financial activities Professional and business services Education and health services Leisure and hospitality Other services Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries. These groups account for approximately four-fifths of the total employment on private nonfarm payrolls. © Haver Analytics Vol 1: E&E - 43 9/30/10 ESTABLISHMENT SURVEY (continued) Table B-9 Indexes of aggregate weekly hours and payrolls for production and nonsupervisory employees on private nonfarm payrolls by industry sector 1 2002=100 Monthly, Seasonally Adjusted Index of Aggregate Weekly Hours 2 Index of Aggregate Weekly Payrolls 3 LIPRIVA LIGOODA LINTRMA LICONSA LIMANUA LIDURGA LINDURA LIPSRVA LITTULA LIWTRDA LIRTRDA LITRANA LIUTILA LIINFOA LIFIREA LIPBSVA LIEDUHA LILEIHA LISRVOA LGPRIVA LGGOODA LGNTRMA LGCONSA LGMANUA LGDURGA LGNDURA LGPSRVA LGTTULA LGWTRDA LGRTRDA LGTRANA LGUTILA LGINFOA LGFIREA LGPBSVA LGEDUHA LGLEIHA LGSRVOA Total private Goods-producing Mining and logging Construction Manufacturing Durable goods Nondurable goods Private service-providing Trade, transportation, and utilities Wholesale trade Retail trade Transportation and warehousing Utilities Information Financial activities Professional and business services Education and health services Leisure and hospitality Other services 1 Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries. These groups account for approximately four-fifths of the total employment on private nonfarm payrolls. 2 The indexes of aggregate weekly hours are calculated by dividing the current month's estimates of aggregate hours by the corresponding 2002 annual average aggregate hours. Aggregate hours estimates are the product of estimates of average weekly hours and employment. 3 The indexes of aggregate weekly payrolls are calculated by dividing the current month's estimates of aggregate weekly payrolls by the corresponding 2002 annual average aggregate weekly payrolls. Aggregate payrolls estimates are the product of estimates of average hourly earnings, average weekly hours, and employment. © Haver Analytics Vol 1: E&E - 44 9/30/10 Employment and Earnings (BLS Publication) Selected Labor Statistics by Sex and Age Group Thousands, Not Seasonally Adjusted Monthly, 1948-present Total Male Female LN16N LN16AN LN16BN LN18N LN20N LN25BN LN35AN LN45AN LN55AN LN65N LNM16N LNM16AN LNM16BN LNM18N LNM20N LNM25BN LNM35AN LNM45AN LNM55AN LNM65N LNF16N LNF16AN LNF16BN LNF18N LNF20N LNF25BN LNF35AN LNF45AN LNF55AN LNF65N Civilian Population 16 years and over 16 to 19 years 16 to 17 years 18 to 19 years 20 to 24 years 25 to 34 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over LN16NL LN16ANL LN16BNL LN18NL LN20NL LN25BNL LN35ANL LN45ANL LN55ANL LN65NL LNM16NL LNM16ANL LNM16BNL LNM18NL LNM20NL LNM25BNL LNM35ANL LNM45ANL LNM55ANL LNM65NL LNF16NL LNF16ANL LNF16BNL LNF18NL LNF20NL LNF25BNL LNF35ANL LNF45ANL LNF55ANL LNF65NL Civilian Labor Force 16 years and over 16 to 19 years 16 to 17 years 18 to 19 years 20 to 24 years 25 to 34 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over LN16NP LN16ANP LN16BNP LN18NP LN20NP LN25BNP LN35ANP LN45ANP LN55ANP LN65NP LNM16NP LNM16ANP LNM16BNP LNM18NP LNM20NP LNM25BNP LNM35ANP LNM45ANP LNM55ANP LNM65NP LNF16NP LNF16ANP LNF16BNP LNF18NP LNF20NP LNF25BNP LNF35ANP LNF45ANP LNF55ANP LNF65NP Civilian Participation Rate 16 years and over 16 to 19 years 16 to 17 years 18 to 19 years 20 to 24 years 25 to 34 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over Source: Department of Labor. Bureau of Labor Statistics. and Earnings." Table A-13 and Table A-22. © Haver Analytics Vol 1: E&E - 45 "Employment 9/30/10 Employment & Earnings Publication (continued) Employment by Sex and Age Group Thousands, Not Seasonally Adjusted Monthly, 1948-present Total Male Female LN16NE LN16ANE LN16BNE LN18NE LN20NE LN25BNE LN35ANE LN45ANE LN55ANE LN65NE LNM16NE LNM16ANE LNM16BNE LNM18NE LNM20NE LNM25BNE LNM35ANE LNM45ANE LNM55ANE LNM65NE LNF16NE LNF16ANE LNF16BNE LNF18NE LNF20NE LNF25BNE LNF35ANE LNF45ANE LNF55ANE LNF65NE L16ANE L16AANE L16BANE L18ANE L20ANE L25BANE L35AANE L45AANE L55AANE L65ANE L16MANE L16AMANE L16BMANE L18MANE L20MANE L25BMANE L35AMANE L45AMANE L55AMANE L65MANE L16FANE L16AFANE L16BFANE L18FANE L20FANE L25BFANE L35AFANE L45AFANE L55AFANE L65FANE (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) L16NNE L16ANNE L16BNNE L18NNE L20NNE L25BNNE L35ANNE L45ANNE L55ANNE L65NNE L16MNNE L16AMNNE L16MNNE L18MNNE L20MNNE L25BMNNE L35AMNNE L45AMNNE L55AMNNE L65MNNE L16FNNE L16AFNNE L16BFNNE L18FNNE L20FNNE L25BFNNE L35AFNNE L45AFNNE L55AFNNE L65FNNE (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) (7606-) Civilian Employment 16 years and over 16 to 19 years 16 to 17 years 18 to 19 years 20 to 24 years 25 to 34 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and over Agricultural Employment 16 years and over 16 to 19 years 16 to 17 years 18 to 19 years 20 to 24 years 25 to 34 years 35 to 44 years 45 to 54 years (7606-) 55 to 64 years 65 years and over Nonagricultural Employment 16 years and over 16 to 19 years 16 to 17 years 18 to 19 years 20 to 24 years 25 to 34 years 35 to 44 years 45 to 54 years (7606-) 55 to 64 years (7606-) 65 years and over Source: Department of Labor. Bureau of Labor Statistics. and Earnings." Table A-13 and A-22. © Haver Analytics Vol 1: E&E - 46 "Employment 9/30/10 Employment & Earnings Publication (continued) Persons Not in the Labor Force by Desire and Availability for Work and by Sex Thousands, Not Seasonally Adjusted Monthly, 1994-present Total Male Female LHN (4801-) LHNN LHWN LHWNN LHMN (4801-) LHNMN LHWMN LHWNMN LHFN (4801-) LHNFN LHWFN LHWNFN LHWSN LHWSMN LHWSFN LHWSNN LHWSNMN LHWSNFN LHWSAN LHWSAMN LHWSAFN LHWNDN LHWNDMN LHWNDFN LHWNRN LHWNRMN LHWNRFN LHWNJN LHWNSN LHWNHN LHWNON LHWNJMN LHWNSMN LHWNHMN LHWNOMN LHWNJFN LHWNSFN LHWNHFN LHWNOFN Not in labor force Do not want a job now 1 Want a job now 2 Did not search for work in previous year Searched for work in previous year 3 Not available to work now Available to work now By reason not currently looking: Discouragement over job prospects 4 Reasons other than discouragement Family responsibility In school or training Ill health/disability Other 5 Source: Department of Labor. Bureau of Labor Statistics. "Employment & Earnings". Table A-37. 1 Includes some persons who are not asked if they want a job. 2 Includes some persons who are not asked if they want a job. Seasonally adjusted data are available on Table A-1 of the Press Release. 3 Persons who had a job in the prior 12 months must have searched since the end of that job. 4 Includes those who believe no work is available, could not find work, lack necessary schooling or training, employer thinks too young or old and other types of discrimination. 5 Includes those who did not actively look for work in the prior four weeks for such reasons as child care and transportation problems, as well as a small number for whom reason was not ascertained. © Haver Analytics Vol 1: E&E - 47 9/30/10 Employment & Earnings Publication (continued) Persons Not in the Labor Force by Desire and Availability for Work and by Age Group Thousands, Not Seasonally Adjusted Monthly, January 1994-present 16-24 years 25-54 years 55 years and older LH16N LHN16N LHW16N LHWN16N LH25N(8201-) LHN25N LHW25N LHWN25N LH55N LHN55N LHW55N LHWN55N LHWS16N LHWS25N LHWS55N LHWSN16N LHWSA16N LHWSN25N LHWSA25N LHWSN55N LHWSA55N LHWND16N LHWND25N LHWND55N LHWNR16N LHWNR25N LHWNR55N LHWNJ16N LHWNS16N LHWNH16N LHWNO16N LHWNJ25N LHWNS25N LHWNH25N LHWNO25N LHWNJ55N LHWNS55N LHWNH55N LHWNO55N Not in labor force Do not want a job now 1 Want a job now 2 Did not search for work in previous year Searched for work in previous year 3 Not available to work now Available to work now By reason not currently looking: Discouragement over job prospects 4 Reasons other than discouragement Family responsibility In school or training Ill health or disability Other 5 Source: Department of Labor. Bureau of Labor Statistics. "Employment & Earnings". Table A-37. 1 Includes some persons who are not asked if they want a job. 2 Includes some persons who are not asked if they want a job. Seasonally adjusted data are available on Table A-1 of the Press Release. 3 Persons who had a job in the prior 12 months must have searched since the end of that job. 4 Includes those who believe no work is available, could not find work, lack necessary schooling or training, employer thinks too young or old and other types of discrimination. 5 Includes those who did not actively look for work in the prior four weeks for such reasons as child care and transportation problems, as well as a small number for whom reason was not ascertained. © Haver Analytics Vol 1: E&E - 48 9/30/10 Employment & Earnings Publication (continued) Employed Persons by Occupation and Sex 1 Thousands, Monthly, January 2000-present Total Male Female LEN LEMPTN LEMT16N LEMPTMN LEWT16N LEMPTWN LEMPBN LEMPBMN LEMPBWN LEMPBGN LEMPBBN LEMPBGMN LEMPBBMN LEMPBGWN LEMPBBWN LEMPON LEMPOMN LEMPOWN LEMPOCN LEMPOCMN LEMPOCWN LEMPOAN LEMPOAMN LEMPOAWN LEMPOFN LEMPOFMN LEMPOFWN LEMPOSN LEMPOSMN LEMPOSWN LEMPOLN LEMPOEN LEMPOLMN LEMPOEMN LEMPOLWN LEMPOEWN LEMPODN LEMPODMN LEMPODWN LEMPOHN LEMPOHMN LEMPOHWN LESVN LESVHN LESVRN LESVFN LESVMN LESVHMN LESVRMN LESVFMN LESVWN LESVHWN LESVRWN LESVFWN LESVBN LESVBMN LESVBWN LESVPN LESVPMN LESVPWN (4801-) Total employed persons Management, professional, and related occupations Management, business, and financial operations Management occupations Business and financial operations occupations Professional and related occupations Computer and mathematical occupations Architecture and engineering occupations Life, physical, & social science occupations Community and social services occupations Legal occupations Education, training, and library occupations Arts, design, entertainment sports, media Healthcare practitioners and technicians Service occupations Healthcare support occupation Protective svce occupations Food preparation & serving related occupations Building and grounds cleaning and maintenance Personal care and service occupations Source: Department of Labor. Bureau of Labor Statistics. "Employment and Earnings." Table A-19. 1 Data for 1994 are not directly comparable with data for 1993 and earlier years due to revisions in the Current Population Survey. There are also discontinuities in January, 1992 due to the introduction of the 1990 Standard Occupation Classification. © Haver Analytics Vol 1: E&E - 49 9/30/10 Employment & Earnings Publication (continued) Employed Persons by Occupation and Sex Thousands, Monthly, January 2000-present Total Male Female LESLN LESRN LESON LESLMN LESRMN LESOMN LESLWN LESRWN LESOWN LENRN LENRMN LENRWN LENFN LENCN LENFMN LENCMN LENFWN LENCWN LENMRN LENMRMN LENMRWN LEPON LEPOMN LEPOWN LEPOPN LEPOTN LEPOPMN LEPOTMN LEPOPWN LEPOTWN Sales and office occupations Sales and related occupations Office and administrative support occupations Natural resources, construction and maintenance Farming, fishing and forestry Construction and extraction occupations Installation, maintenance, & repair occupations Production, transportation, material moving Production occupations Transportation and material moving occupations Source: Department of Labor. Bureau of Labor Statistics. "Employment and Earnings." Table A-19. Persons at Work by Hours of Work: All Industries 1 Not Seasonally Adjusted, Monthly, Variable LENCLWN LENCLWHN (7606-) (7606-) Number of persons at work (Thous) Average hours of all persons at work (Hours) Source: Department of Labor. Bureau of Labor Statistics. "Employment & Earnings." Table A-23. 1 All industries = agriculture plus nonagricultural industries. It includes full-time and part-time workers, 16 years and over. © Haver Analytics Vol 1: E&E - 50 9/30/10 Employment & Earnings Publication (continued) Median Usual Weekly Earnings Full-Time Wage & Salary Workers by Selected Characteristics (Table 1) Not Seasonally Adjusted Quarterly Averages, Q1 2000-present Current Dollars Constant 1982$ Number of Workers in Thous LBTOTN LBTOTMN LBS16Y LBS25Y LBTOTWN LBS16X LBS25X LBZ LBZY LBZ16Y LBZ25Y LBZX LBZ16X LBZ25X LB LBY LB16Y LB25Y LBX LB16X LB25X SEX AND AGE Total 16 years and over Men 16 years and over 16 to 24 years 25 years and over Women 16 years and over 16 to 24 years 25 years and over LBW LBWY LBWX LBB LBBY LBBX LBA LBAY LBAX LB11 LB11Y LB11X RACE, HISPANIC/LATINO ETHNICITY, & SEX White Men Women Black or African American Men Women Asian Men Women Hispanic or Latino ethnicity Men Women LBSW LBSWY LBSWX LBSB LBSBY LBSBX LBSQ LBSQY LBSQX LBS11 LBS11Y LBS11X LBZW LBZWY LBZWX LBZB LBZBY LBZBX LBZQ LBZQY LBZQX LBZ11 LBZ11Y LBZ11X 1 Source: Department of Labor. Bureau of Labor Statistics. 1 Estimates for not presented identified as classified by the race groups do not sum to totals because data are for all races. In addition persons whose ethnicity is Hispanic or Latino may be of any race and therefore are ethnicity as well as by race. Beginning in January 2006 data reflect revised population controls used in the household survey. © Haver Analytics Vol 1: E&E - 51 9/30/10 Employment & Earnings Publication (continued) Median Usual Weekly Earnings Full-Time Wage & Salary Workers by Age, Race & Sex (Table 2) Not Seasonally Adjusted Quarterly Averages, Q1 2000-present Median All Earnings Workers All workers (Male + Female) (Dollars) Thous) TOTAL 1 LBTOTN LB 16 years and over LBS16 LB16 16 to 24 years LBS19 LB19 16 to 19 years LBS20 LB20 20 to 24 years LBS25 LB25 25 years and over LBS54 LB54 25 to 54 years LBS34 LB34 25 to 34 years LBS35 LB35 35 to 44 years LBS45 LB45 45 to 54 years LBS55 LB55 55 years and over LBS64 LB64 55 to 64 years LBS65 LB65 65 years and over WHITE LBSW LBW 16 years and over LBS16W LB16W 16 to 24 years LBS25W LB25W 25 years and over LBS54W LB54W 25 to 54 years LBS55W LB55W 55 years and over BLACK OR AFRICAN AMERICAN LBSB LBB 16 years and over LBS16B LB16B 16 to 24 years LBS25B LB25B 25 years and over LBS54B LB54B 25 to 54 years LBS55B LB55B 55 years and over ASIAN LBSQ LBQ 16 years and over LBS16Q LB16Q 16 to 24 years LBS25Q LB25Q 25 years and over LBS54Q LB54Q 25 to 54 years LBS55Q LB55Q 55 years and over HISPANIC OR LATINO ETHNICITY LBS11 LB11 16 years and over LBS1611 LB1611 16 to 24 years LBS2511 LB2511 25 years and over LBS5411 LB5411 25 to 54 years LBS5511 LB5511 55 years and over Source: Department of Labor. Bureau of Labor Statistics. 1 Estimates for the race groups do not sum to totals because data are not presented for all races. In addition persons whose ethnicity is identified as Hispanic or Latino may be of any race and therefore are classified by ethnicity as well as by race. Beginning in January 2006 data reflect revised population controls used in the household survey. © Haver Analytics Vol 1: E&E - 52 9/30/10 Employment & Earnings Publication (continued) Median Usual Weekly Earnings Full-Time Wage & Salary Workers by Age, Race & Sex (Table 2) Median Earnings (Dollars) Male Workers (Thous) LBSY LBS16Y LBS19Y LBS20Y LBS25Y LBS54Y LBS34Y LBS35Y LBS45Y LBS55Y LBS64Y LBS65Y LBY LB16Y LB19Y LB20Y LB25Y LB54Y LB34Y LB35Y LB45Y LB55Y LB64Y LB65Y LBSWY LBS16WY LBS25WY LBS54WY LBS55WY LBWY LB16WY LB25WY LB54WY LB55WY LBSBY LBS16BY LBS25BY LBS54BY LBS55BY LBBY LB16BY LB25BY LB54BY LB55BY LBSQY LBS16QY LBS25QY LBS54QY LBS55QY LBQY LB16QY LB25QY LB54QY LB55QY LBS11Y LBS1611Y LBS2511Y LBS5411Y LBS5511Y LB11Y LB1611Y LB2511Y LB5411Y LB5511Y Male Workers TOTAL 1 16 years and over 16 to 24 years 16 to 19 years 20 to 24 years 25 years and over 25 to 54 years 25 to 34 years 35 to 44 years 45 to 54 years 55 years and over 55 to 64 years 65 years and over WHITE 16 years and over 16 to 24 years 25 years and over 25 to 54 years 55 years and over BLACK OR AFRICAN AMERICAN 16 years and over 16 to 24 years 25 years and over 25 to 54 years 55 years and over ASIAN 16 years and over 16 to 24 years 25 years and over 25 to 54 years 55 years and over HISPANIC OR LATINO ETHNICITY 16 years and over 16 to 24 years 25 years and over 25 to 54 years 55 years and over Source: Department of Labor. Bureau of Labor Statistics. 1 Estimates for the race groups do not sum to totals because data are not presented for all races. In addition persons whose ethnicity is identified as Hispanic or Latino may be of any race and therefore are classified by ethnicity as well as by race. Beginning in January 2006 data reflect revised population controls used in the household survey. © Haver Analytics Vol 1: E&E - 53 9/30/10 Employment & Earnings Publication (continued) Median Usual Weekly Earnings Full-Time Wage & Salary Workers by Age, Race & Sex (Table 2) Median Earnings (Dollars) Female Workers (Thous) LBSX LBS16X LBS19X LBS20X LBS25X LBS54X LBS34X LBS35X LBS45X LBS55X LBS64X LBS65X LBX LB16X LB19X LB20X LB25X LB54X LB34X LB35X LB45X LB55X LB64X LB65X LBSWX LBS16WX LBS25WX LBS54WX LBS55WX LBWX LB16WX LB25WX LB54WX LB55WX LBSBX LBS16BX LBS25BX LBS54BX LBS55BX LBBX LB16BX LB25BX LB54BX LB55BX LBSQX LBS16QX LBS25QX LBS54QX LBS55QX LBQX LB16QX LB25QX LB54QX LB55QX LBS11X LBS1611X LBS2511X LBS5411X LBS5511X LB11X LB1611X LB2511X LB5411X LB5511X Female Workers TOTAL 1 16 years and over 16 to 24 years 16 to 19 years 20 to 24 years 25 years and over 25 to 54 years 25 to 34 years 35 to 44 years 45 to 54 years 55 years and over 55 to 64 years 65 years and over WHITE 16 years and over 16 to 24 years 25 years and over 25 to 54 years 55 years and over BLACK OR AFRICAN AMERICAN 16 years and over 16 to 24 years 25 years and over 25 to 54 years 55 years and over ASIAN 16 years and over 16 to 24 years 25 years and over 25 to 54 years 55 years and over HISPANIC OR LATINO ETHNICITY 16 years and over 16 to 24 years 25 years and over 25 to 54 years 55 years and over Source: Department of Labor. Bureau of Labor Statistics. 1 Estimates for the race groups do not sum to totals because data are not presented for all races. In addition persons whose ethnicity is identified as Hispanic or Latino may be of any race and therefore are classified by ethnicity as well as by race. Beginning in January 2006 data reflect revised population controls used in the household survey. © Haver Analytics Vol 1: E&E - 54 9/30/10 Employment & Earnings Publication (continued) Median Usual Weekly Earnings Full-Time Wage & Salary Workers by Occupation & Sex (Table 3) Not Seasonally Adjusted Quarterly Averages, Q1 2000-present Median Number of Weekly Workers Earnings (Thous) (Dollars) LB LBL LBTOTN LBMPTN LBG LBMPBN LBR LBV LBA LBS LBO LBMPON LBSVN LBSLN LBSRN LBSON LBU LBNRN LBF LBC LBI LBNFN LBNCN LBNMRN LBM LBPON LBP LBT LBPOPN LBPOTN LBY LBLY LBTOTMN LBMPTMN LBGY LBMPBMN LBRY LBVY LBAY LBSY LBOY LBMPOMN LBSVMN LBSLMN LBSRMN LBSOMN LBUY LBNRMN LBFY LBCY LBIY LBNFMN LBNCMN LBNMRMN LBMY LBPOMN LBPY LBTY LBPOPMN LBPOTMN © Haver Analytics Total Management professional and related occupations Management business and financial operations occupations Professional and related occupations Service occupations Sales and office occupations Sales and related occupations Office and administrative support occupations Natural resources construction and maintenance occupations Farming fishing and forestry occupations Construction and extraction occupations Installation maintenance and repair occupations Production transportation and material moving occupations Production occupations Transportation & material moving occupations Male Management professional and related occupations Management business and financial operations occupations Professional and related occupations Service occupations Sales and office occupations Sales and related occupations Office and administrative support occupations Natural resources construction and maintenance occupations Farming fishing and forestry occupations Construction and extraction occupations Installation maintenance and repair occupations Production transportation and material moving occupations Production occupations Transportation & material moving occupations Vol 1: E&E - 55 9/30/10 Employment & Earnings Publication (continued) Median Usual Weekly Earnings Full-Time Wage & Salary Workers by Occupation & Sex (Table 3) Not Seasonally Adjusted Quarterly Averages, Q1 2000-present Number of Workers (Thous) Median Weekly Earnings (Dollars) LBX LBLX LBTOTWN LBMPTWN LBGX LBMPBWN LBRX LBVX LBAX LBSX LBOX LBMPOWN LBSVWN LBSLWN LBSRWN LBSOWN LBUX LBNRWN LBFX LBCX LBIX LBNFWN LBNCWN LBNMRWN LBMX LBPOWN LBPX LBTX LBPOPWN LBPOTWN Female Management professional and related occupations Management business and financial operations occupations Professional and related occupations Service occupations Sales and office occupations Sales and related occupations Office and administrative support occupations Natural resources construction and maintenance occupations Farming fishing and forestry occupations Construction and extraction occupations Installation maintenance and repair occupations Production transportation and material moving occupations Production occupations Transportation and material moving occupations Source: Department of Labor. Bureau of Labor Statistics. © Haver Analytics Vol 1: E&E - 56 9/30/10 Employment & Earnings Publication (continued) Usual Weekly Earnings Full-Time Wage & Salary Workers By Selected Characteristics Quartiles and Selected Deciles (Table 4) 1 Not Seasonally Adjusted Quarterly Averages, Q1 2000-present Variable Usual weekly earnings: 1st Decile (10%) LBD LBDY LBDX LBDW LBDWY LBDWX LBDB LBDBY LBDBX LBDQ LBDQY LBDQX LBD11 LBD11Y LBD11X SEX, RACE, AND HISPANIC/LATINO ETHNICITY Total 16 years and over 2 Men Women White Men Women Black or African American Men Women Asian Men Women Hispanic or Latino ethnicity Men Women LBD25 LBDL25 LBDH25 LBD1225 LBDB25 LBDC25 LBDA25 LBD25Y LBDL25Y LBDH25Y LBD1225Y LBDB25Y LBDC25Y LBDA25Y LBD25X LBDL25X LBDH25X LBD1225X LBDB25X LBDC25X LBDA25X EDUCATIONAL ATTAINMENT Total 25 years and over Less than a high school diploma High school graduates no college 3 Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree Men 25 years and over Less than a high school diploma High school graduates no college Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree Women 25 years and over Less than a high school diploma High school graduates no college 3 Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree 3 Source: Department of Labor. Bureau of Labor Statistics. Please see footnotes on page 37. © Haver Analytics Vol 1: E&E - 57 9/30/10 Employment & Earnings Publication (continued) Usual Weekly Earnings Full-Time Wage & Salary Workers By Selected Characteristics Quartiles and Selected Deciles (Table 4) 1 Not Seasonally Adjusted Quarterly Averages, Q1 2000-present Variable Usual weekly earnings: 1st Quartile (25%) LBJ LBJY LBJX LBJW LBJWY LBJWX LBJB LBJBY LBJBX LBJQ LBJQY LBJQX LBJ11 LBJ11Y LBJ11X SEX, RACE, AND HISPANIC/LATINO ETHNICITY Total 16 years and over 2 Men Women White Men Women Black or African American Men Women Asian Men Women Hispanic or Latino ethnicity Men Women LBJ25 LBJL25 LBJH25 LBJ1225 LBJB25 LBJC25 LBJA25 LBJ25Y LBJL25Y LBJH25Y LBJ1225Y LBJB25Y LBJC25Y LBJA25Y LBJ25X LBJL25X LBJH25X LBJ1225X LBJB25X LBJC25X LBJA25X EDUCATIONAL ATTAINMENT Total 25 years and over Less than a high school diploma High school graduates no college 3 Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree Men 25 years and over Less than a high school diploma High school graduates no college Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree Women 25 years and over Less than a high school diploma High school graduates no college 3 Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree 3 Source: Department of Labor. Bureau of Labor Statistics. Please see footnotes on page 37. © Haver Analytics Vol 1: E&E - 58 9/30/10 Employment & Earnings Publication (continued) Usual Weekly Earnings Full-Time Wage & Salary Workers By Selected Characteristics Quartiles and Selected Deciles (Table 4) 1 Not Seasonally Adjusted Quarterly Averages, Q1 2000-present Variable Median weekly earnings: 2nd Quartile (50%) LBS LBSY LBSX LBSW LBSWY LBSWX LBSB LBSBY LBSBX LBSQ LBSQY LBSQX LBS11 LBS11Y LBS11X SEX, RACE, AND HISPANIC/LATINO ETHNICITY Total 16 years and over 2 Men Women White Men Women Black or African American Men Women Asian Men Women Hispanic or Latino ethnicity Men Women LBS25 LBSL25 LBSH25 LBS1225 LBSB25 LBSC25 LBSA25 LBS25Y LBSL25Y LBSH25Y LBS1225Y LBSB25Y LBSC25Y LBSA25Y LBS25X LBSL25X LBSH25X LBS1225X LBSB25X LBSC25X LBSA25X EDUCATIONAL ATTAINMENT Total 25 years and over Less than a high school diploma High school graduates no college 3 Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree Men 25 years and over Less than a high school diploma High school graduates no college Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree Women 25 years and over Less than a high school diploma High school graduates no college 3 Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree 3 Source: Department of Labor. Bureau of Labor Statistics. Please see footnotes on page 37. © Haver Analytics Vol 1: E&E - 59 9/30/10 Employment & Earnings Publication (continued) Usual Weekly Earnings Full-Time Wage & Salary Workers By Selected Characteristics Quartiles and Selected Deciles (Table 4) 1 Not Seasonally Adjusted Quarterly Averages, Q1 2000-present Variable Usual weekly earnings: 3rd Quartile (75%) LBE LBEY LBEX LBEW LBEWY LBEWX LBEB LBEBY LBEBX LBEQ LBEQY LBEQX LBE11 LBE11Y LBE11X SEX, RACE, AND HISPANIC/LATINO ETHNICITY Total 16 years and over 2 Men Women White Men Women Black or African American Men Women Asian Men Women Hispanic or Latino ethnicity Men Women LBE25 LBEL25 LBEH25 LBE1225 LBEB25 LBEC25 LBEA25 LBE25Y LBEL25Y LBEH25Y LBE1225Y LBEB25Y LBEC25Y LBEA25Y LBE25X LBEL25X LBEH25X LBE1225X LBEB25X LBEC25X LBEA25X EDUCATIONAL ATTAINMENT Total 25 years and over Less than a high school diploma High school graduates no college 3 Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree Men 25 years and over Less than a high school diploma High school graduates no college Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree Women 25 years and over Less than a high school diploma High school graduates no college 3 Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree 3 Source: Department of Labor. Bureau of Labor Statistics. Please see footnotes on page 37. © Haver Analytics Vol 1: E&E - 60 9/30/10 Employment & Earnings Publication (continued) Usual Weekly Earnings Full-Time Wage & Salary Workers By Selected Characteristics Quartiles and Selected Deciles (Table 4) 1 Not Seasonally Adjusted Quarterly Averages, Q1 2000-present Variable Usual weekly earnings: 9th Decile (90%) LB9 LB9Y LB9X LB9W LB9WY LB9WX LB9B LB9BY LB9BX LB9Q LB9QY LB9QX LB911 LB911Y LB911X SEX, RACE, AND HISPANIC/LATINO ETHNICITY Total 16 years and over 2 Men Women White Men Women Black or African American Men Women Asian Men Women Hispanic or Latino ethnicity Men Women LB925 LB9L25 LB9H25 LB91225 LB9B25 LB9C25 LB9A25 LB925Y LB9L25Y LB9H25Y LB91225Y LB9B25Y LB9C25Y LB9A25Y LB925X LB9L25X LB9H25X LB91225X LB9B25X LB9C25X LB9A25X EDUCATIONAL ATTAINMENT Total 25 years and over Less than a high school diploma High school graduates no college 3 Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree Men 25 years and over Less than a high school diploma High school graduates no college Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree Women 25 years and over Less than a high school diploma High school graduates no college 3 Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree 3 Source: Department of Labor. Bureau of Labor Statistics. Please see footnotes on page 37. © Haver Analytics Vol 1: E&E - 61 9/30/10 Employment & Earnings Publication (continued) Usual Weekly Earnings Full-Time Wage & Salary Workers By Selected Characteristics Quartiles and Selected Deciles (Table 4) 1 Not Seasonally Adjusted Quarterly Averages, Q1 2000-present Variable Number of Workers (Thous) LB LBY LBX LBW LBWY LBWX LBB LBBY LBBX LBQ LBQY LBQX LB11 LB11Y LB11X SEX, RACE, AND HISPANIC/LATINO ETHNICITY Total 16 years and over 2 Men Women White Men Women Black or African American Men Women Asian Men Women Hispanic or Latino ethnicity Men Women LB25 LBL25 LBH25 LB1225 LBB25 LBC25 LBA25 LB25Y LBL25Y LBH25Y LB1225Y LBB25Y LBC25Y LBA25Y LB25X LBL25X LBH25X LB1225X LBB25X LBC25X LBA25X EDUCATIONAL ATTAINMENT Total 25 years and over Less than a high school diploma High school graduates no college 3 Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree Men 25 years and over Less than a high school diploma High school graduates no college Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree Women 25 years and over Less than a high school diploma High school graduates no college 3 Some college or associate degree Bachelor's degree and higher 4 Bachelor's degree only Advanced degree 3 Source: Department of Labor. Bureau of Labor Statistics. Please see footnotes on page 37. © Haver Analytics Vol 1: E&E - 62 9/30/10 Employment & Earnings Publication (continued) 1 Ten percent of all full-time wage and salary workers earn less than the upper limit of the first decile; 25 percent earn less than the upper limit of the first quartile; 50 percent earn less than the upper limit of the second quartile or median; 75 percent earn less than the upper limit of the third quartile; and 90 percent earn less than the upper limit of the ninth decile. Beginning in January 2006 data reflect revised population controls used in the household survey. 2 Estimates for not presented identified as classified by 3 Includes persons with a high school diploma or equivalent. 4 Includes persons with bachelor's master's professional and doctoral degrees. © Haver Analytics the race groups do not sum to totals because data are for all races. In addition, persons whose ethnicity is Hispanic or Latino may be of any race and therefore are ethnicity as well as by race. Vol 1: E&E - 63 9/30/10 Employment & Earnings Publication (continued) Median Usual Weekly Earnings Part-Time Wage & Salary Workers by Selected Characteristics (Table 5) Not Seasonally Adjusted Quarterly Averages, Q1 2000-present Median weekly earnings (Dollar) Number of workers (Thousands) LBKS LBKSY LBKS16Y LBKS25Y LBKSX LBKS16X LBKS25X LBK LBKY LBK16Y LBK25Y LBKX LBK16X LBK25X SEX AND AGE Total 16 years and over Men 16 years and over 16 to 24 years 25 years and over Women 16 years and over 16 to 24 years 25 years and over LBKW LBKWY LBKWX LBKB LBKBY LBKBX LBKQ LBKQY LBKQX LBK11 LBK11Y LBK11X RACE, HISPANIC/LATINO ETHNICITY AND SEX White Men Women Black or African American Men Women Asian Men Women Hispanic or Latino ethnicity Men Women LBKSW LBKSWY LBKSWX LBKSB LBKSBY LBKSBX LBKSQ LBKSQY LBKSQX LBKS11 LBKS11Y LBKS11X 1 Source: Department of Labor. Bureau of Labor Statistics. 1 Estimates for not presented identified as classified by the race groups do not sum to totals because data are for all races. In addition, persons whose ethnicity is Hispanic or Latino may be of any race and therefore are ethnicity as well as by race. Beginning in January 2006 data reflect revised population controls used in the household survey. © Haver Analytics Vol 1: E&E - 64 9/30/10 Employment & Earnings Publication (continued) Usual Weekly Earnings of Employed Full-Time Wage & Salary Workers Dollars, Annual (DISCONTINUED: 1983-2002) Total Male Female LBN LBMN LBMEN LBMT16N LBMMN LBMMEN LBWT16N LBMWN LBMWEN LBME1N LBMME1N LBMWE1N LBME3N LBMME3N LBMWE3N LBMPN LBMMPN LBMWPN LBMP1N LBMP2N LBMMP1N LBMMP2N LBMWP1N LBMWP2N LBMP3N LBMP4N LBMMP3N LBMMP4N LBMWP3N LBMWP4N LBMP5N LBMMP5N LBMWP5N LBMP6N LBMMP6N LBMWP6N LBMP7N LBMMP7N LBMWP7N LBMP8N LBTN LBMMP8N LBTMN LBMWP8N LBTWN LBTTN LBTT1N LBTTMN LBTTM1N LBTTWN LBTTW1N LBTT3N LBTTM3N LBTTW3N LBTSN LBTS1N LBTS2N LBTSMN LBTSM1N LBTSM2N LBTSWN LBTSW1N LBTSW2N LBTS3N LBTSM3N LBTSW3N LBTS4N LBTSM4N LBTSW4N 1 Employed full-time W&S workers Managerial/professional specialty Executive, administrative & managerial Officials &administrators, public administration Management-related occupations Professional specialty occupations Engineers Mathematical and computer scientists Natural scientists Health diagnosing occupations Health assessment and treating occupations Teachers, college and university Teachers, except college & university Lawyers and judges Technical, sales & administrative support Technicians & related support Health technologists & technicians Technicians, except health engineering and science Sales occupations Supervisors & proprietors Sales representatives: finance & business svces Sales representatives commodities, ex retail Sales workers: retail and personal services Source: Department of Labor. Bureau of Labor Statistics. "Employment and Earnings." (Annual January Issue, Table 39) 1 Data for 1994 are not directly comparable with data for 1993 and earlier years due to revisions in the Current Population Survey. There are also discontinuities in January, 1992 due to the introduction of the 1990 Standard Occupation Classification. © Haver Analytics Vol 1: E&E - 65 9/30/10 Employment & Earnings Publication (continued) Usual Weekly Earnings of Employed Full-Time Wage & Salary Workers Dollars, Annual (DISCONTINUED: 1983-2002) Total Male Female LBTAN LBTAMN LBTAWN LBTA1N LBTA2N LBTA3N LBTAM1N LBTAM2N LBTAM3N LBTAW1N LBTAW2N LBTAW3N LBTA4N LBTA5N LBSN LBSHN LBSPN LBSS2N LBSS3N LBSS4N LBPN LBTAM4N LBTAM5N LBSMN LBSHMN (92-) LBSPMN LBSSM2N LBSSM3N LBSSM4N LBPMN LBTAW4N LBTAW5N LBSWN LBSHWN LBSPWN LBSSW2N LBSSW3N LBSSW4N LBPWN LBPRN LBPCN LBLN LBLAN LBPRMN LBPCMN LBLMN LBLAMN LBPRWN LBPCWN LBLWN LBLAWN LBLTN LBLTMN LBLTWN LBLT1N LBLHN LBLTM1N LBLHMN LBLTW1N LBLHWN LBLH1N LBFN LBFRN LBLHM1N LBFMN LBFRMN (84-) LBLHW1N LBFWN LBFRWN (85-) (92-) (92-) 1 Administrative support, including clerical Supervisors Computer equipment operators Secretaries, stenographers & typists Financial records processing Mail and message distributing Service occupations Private household occupations Protective svce occupations Health service Cleaning and building service Personal service occupations Precision production, craft & repair Mechanics and repairers Construction trades Operators, fabricators & laborers Machine operators, assemblers and inspectors Transportation and material moving occupations Motor vehicle operators Handlers, equipment cleaners helpers and laborers Construction laborers Farming, forestry and fishing Farm operators and managers Source: Department of Labor. Bureau of Labor Statistics. "Employment and Earnings." (Annual January Issue, Table 39) Resident Armed Forces Thousands, Not seasonally adjusted, Monthly Resident Armed Forces 2 LRAFN (5001-) Source: U.S. Department of Commerce, Bureau of the Census. Current Population Reports. "Population Estimates and Projections." Series P25. 1 Data for 1994 are not directly comparable with data for 1993 and earlier years due to revisions in the Current Population Survey. There are also discontinuities in January, 1992 due to the introduction of the 1990 Standard Occupation Classification. 2 Resident Armed Forces (LRAFN) is calculated by subtracting civilian population (POPC) from resident population (POPR). POPC and POPR are found in the table Monthly National Population Estimates from the Census Bureau. Estimates from April 1, 1980 to July 1, 1999 are consistent with 1980 and 1990 population estimates bases. Estimates from April 1, 2000 to July 1, 2001 are based on updates to Census 2000. They were produced to reflect the population as of July 1, 2001. The monthly estimates beginning with August 1, 2001 and forward are short-term projections. "Estimates" refer to past population. "Projections" are estimates of the population for future dates. © Haver Analytics Vol 1: E&E - 66 9/30/10 Characteristics of Minimum Wage Workers 1 Number in Thousands Annual, 1979-present Male Female UNLWSM UNLWSW Total wage and salary workers LWSHM LWSHW Workers paid hourly rates LWSHMMN LWSHWMN Total at or below prevailing Federal minimum wage 2 LWSHMBM LWSHWBM Below prevailing Federal minimum wage 2 LWSHMAM LWSHWAM At prevailing Federal minimum wage 2 Total UNLWS LWSH LWSHMN LWSHBM LWSHAM SA NSA LE LERE LERU LERL LERO LENRSN LENREN LENRUN LENRLN LENRON LTU LTURE LTURU LTURL LTURO LTUNRN LTUNREN LTUNRUN LTUNRLN LTUNRON LH LHRE LHRU LHRL LHRO LHNRN LHNREN LHNRUN LHNRLN LHNRON Source: CPS Labor Force Status Flows 3 Thousands Monthly, February 1990-present TOTAL, 16 AND OVER Flows into "Employment" Total Civilians Employed 4 Employed to Employed Unemployed to Employed Not in the Labor Force to Employed Other Inflows to Employed 5 Flows into "Unemployment" Total Civilians Unemployed 4 Employed to Unemployed Unemployed into Unemployed Not in the Labor Force to Unemployed Other Inflows into Unemployment 5 Flows into "Not in Labor Force" Not in the Labor Force 4 Employed to Not in the LF Unemployed into Not in the LF Not in the LF to Not in the LF Other Inflows into Not in the LF 5 Bureau of Labor Statistics. Current Population Survey. 1 The prevailing Federal minimum wage was $2.90 in 1979, $3.10 in 1980, and $3.35 in 1981-89. The minimum wage rose to $3.80 in April 1990, to $4.25 in April 1991, to $4.75 in October 1996, and to $5.15 in September 1997. Data exclude the incorporated self employed. Also note that the presence of a sizable number of workers with reported wages below the minimum does not necessarily indicate violations of the Fair Labor Standards Act, as there are numerous exemptions to the minimum wage provisions of the law. Indeed, the relatively large number of workers with reported wages below the minimum in 1998-2003 includes some hourly-paid workers reported as earning exactly $5.00 per hour (about 1.4 million in 1998, about 900,000 in 1999, about 600,000 in 2000, about 500,000 in 2001, about 500,000 in 2002, and about 350,000 in 2003); to some extent, this may reflect rounding on the part of survey respondents. 2 Data for 1990-91 and 1996-97 reflect changes in the minimum wage that took place in those years. © Haver Analytics Vol 1: E&E - 67 9/30/10 SA NSA LEMT16 LEREM LERUM LERLM LEROM LENRSMN LENREMN LENRUMN LENRLMN LENROMN LUMT16 LTUREM LTURUM LTURLM LTUROM LTUNRMN LTUNREMN LTUNRUMN LTUNRLMN LTUNROMN LHM LHREM LHRUM LHRLM LHROM LHNRMN LHNREMN LHNRUMN LHNRLMN LHNROMN LEWT16 LEREW LERUW LERLW LEROW LENRSWN LENREWN LENRUWN LENRLWN LENROWN LUWT16 LTUREW LTURUW LTURLW LTUROW LTUNRWN LTUNREWN LTUNRUWN LTUNRLWN LTUNROWN LHF LHREW LHRUW LHRLW LHROW LHNRWN LHNREWN LHNRUWN LHNRLWN LHNROWN 3 4 5 CPS Labor Force Status Flows 3 Thousands Monthly, February 1990-present MEN, 16 AND OVER Male Flows into "Employment" Total Male Civilians Employed Employed to Employed Unemployed to Employed Not in the Labor Force to Employed Other Inflows to Employed 5 Male Flows into "Unemployment" Total Male Civilians Unemployed Employed to Unemployed Unemployed into Unemployed Not in the Labor Force to Unemployed Other Inflows into Unemployment 5 Male Flows into "Not in Labor Force" Not in the Labor Force Employed to Not in the LF Unemployed into Not in the LF Not in the LF to Not in the LF Other Inflows into Not in the LF 5 WOMEN, 16 AND OVER Female Flows into "Employment" Total Female Civilians Employed Employed to Employed Unemployed to Employed Not in the Labor Force to Employed Other Inflows to Employed 5 Female Flows into "Unemployment" Total Female Civilians Unemployed Employed to Unemployed Unemployed into Unemployed Not in the Labor Force to Unemployed Other Inflows into Unemployment 5 Female Flows into "Not in Labor Force" Not in the Labor Force Employed to Not in the LF Unemployed into Not in the LF Not in the LF to Not in the LF Other Inflows into Not in the LF 5 Millions of individuals move between employment and unemployment each month, and millions of others enter or leave the labor market. In addition, people move into and out of the survey universe of the civilian noninstitutional population age 16 and over; each month, for example, some people turn age 16. Information on these labor force status flows (commonly referred to as gross flows) can provide additional insight into current labor market developments and help analysts pinpoint the nature of the net changes in employment and unemployment. The NSA totals employed, unemployed, and not in the labor force (LENRSN, LTUNRN, and LHNRN) do not match the numbers from the Household Survey (LEN, LTUN, and LHN) prior to 1998 because different weights were used to produce these series. The "Other inflows" categories include persons turning 16 and other adjustments to population totals. © Haver Analytics Vol 1: E&E - 68 9/30/10 Intuit Small Business Employment Index Monthly, Seasonally Adjusted 1 Variable ISBEI ISBEC ISBEW Intuit Small Business Employment Index (Jan-07=100) 1 Intuit Average Monthly Compensation for Small Business Employees ($) 2 Intuit Average Monthly Hours Worked for Small Business Hourly Employees (Hours) 3 Change in Payroll Employment Excluding Strikes Monthly, Seasonally Adjusted Variable LANAGADX LANAGADS LANAGADT LANAGADN LANAGADC LANAGADL (7502-) (7502-) (10305-) (10305-) (10305-) (10305-) Source: Department of Labor. Bureau of Labor Statistics. Current Employment Statistics." Table 6. 1 2 3 4 Change in payroll employment ex strikes (thous) Net strikes (persons) 4 Workers on strike Workers newly on strike Workers on continued strike Workers returning to work after strike settlement "National The Intuit Small Business Employment Index is based on aggregate and anonymous online employment data from small business employers (each with fewer than 20 employees) that use Intuit Online Payroll. These smallest employers comprise about 88 percent of the total U.S. private employer base and employ nearly 20 million people. The Index reflects monthly employment activity in small businesses, and is adjusted to account for changes in Intuit's Online Payroll customer base. The percent change is measured monthly using the change in employment for existing Intuit Online Payroll customers from one month to the next. The set of customers changes each month so the measurement is the change, for each pair of months, for customers who are present in both the earlier and the later month. Small Business Employee Monthly Compensation includes the compensation paid by small business owners to themselves. The levels reflect data from approximately 200,000 employees of the Intuit Online Payroll customer set of 50,000 businesses, and are not necessarily representative of all small business employees. Small Business Employee Monthly Hours Worked for hourly employees reflect data from approximately 120,000 hourly employees of the Intuit Online Payroll customer set of approximately 50,000 businesses, and are not necessarily representative of all small businesses. However, the month-to-month changes reflect what is shown in Federal employment data for small businesses when there are corresponding time ranges. Net change in the number of persons on strike is the number of persons newly on strike minus the number who returned to work after a settlement. Only strikes involving at least 1,000 workers are covered. Data relate to workers directly involved in large strikes who were idle during the entire pay period which includes the 12th of the month. While these figures provide an indicator of the expected impact of large strikes on CES estimates of employment for the current month, they should be used with caution as they are preliminary and possibly incomplete. Also, no adjustments are made for the use of replacement workers. Data are assembled from a variety of public sources. © Haver Analytics Vol 1: E&E - 69 9/30/10 ADP National Employment Report Seasonally Adjusted, Monthly, December 2000-present Variable LAXEPA LAXEP1A LAXEP2A LAXEP3A LAXEPGA LAXEPG1A LAXEPG2A LAXEPG3A LAXEPSA LAXEPS1A LAXEPS2A LAXEPS3A LAXEPMA LAXEPCD LAXEPFD Total nonfarm private payroll employment (thousands) 1 Small payroll (1-49) Medium payroll (50-499) Large payroll (>500) Goods-producing Small payroll (1-49) Medium payroll (50-499) Large payroll (>500) Service-providing Small payroll (1-49) Medium payroll (50-499) Large payroll (>500) Addenda: Manufacturing (thousands) Change in construction employment (thousands) Change in financial activities employment(thousands) Source: ADP/Macroeconomic Advisers. Aggregate Hours of Wage & Salary Workers on Nonfarm Payrolls Millions of Hours Seasonally adjusted at annual rate Quarterly, 1964-present Variable LHTNAGRA LHTPRIVA LHTNTRMA LHTCONSA LHTMANUA LHTDURGA LHTNDURA LHTTTULA LHTINFOA LHTFIREA LHTPBSVA LHTEDUHA LHTLEIHA LHTSRVOA LHTGOVTA 2 Nonagricultural all-employee hours Private Natural resources & mining Construction Manufacturing Durable goods Nondurable goods Trade, transportation & utilities Information Financial activities Professional & business services Education & health services Leisure & hospitality Other services Government Source: Department of Labor, Bureau of Labor Statistics. Office of Productivity & Technology. "Employment & Earnings”. Table B-10 1 Please note that ADP historical March figures match the BLS historical March figures because ADP figures are benchmarked to BLS levels in March. The ADP report is computed as follows: monthly matched-sample growth rates are computed for 19 NAICS sectors and then seasonally adjusted using X-12 ARIMA. A monthly growth rate for total nonfarm private employment is computed as an average of the growth rates of the 19 NAICS sectors weighted by the sectors' share of employment. Starting from an initial BLS benchmark level of total nonfarm private employment, the aggregate monthly growth rates are chained together to create a monthly index of employment. This index is then benchmarked to the annual benchmark level of nonfarm private employment reported by the BLS by adjusting up or down the aggregate growth rate by a constant amount between each annual benchmark. 2 Total hours paid for one week in month, multiplied by 52. Covers all employees. © Haver Analytics Vol 1: E&E - 70 9/30/10 Payroll Employment Net Birth/Death Adjustment Thousands, Monthly Variable LANAGRB2 LANBNTRM LANBCONS LANBMANU LANBTTUL LANBINFO LANBFIRE LANBPBSV LANBEDUH LANBLEIH LANBSRVO LANAGRBA LANAGRBT LANAGRB1 LANAGRB3 Source: 1 Net birth/death adjustment (April 2003-present) Natural resources & mining Construction Manufacturing Trade, transportation & utilities Information Financial activities Professional & business services Education & health services Leisure & hospitality Other services 1 DISCONTINUED BIAS ADJUSTMENT FACTORS 2 Effect of additive bias adjustment (Apr 1998-Apr 2001) Total adjustments (April 2001-April 2003) Target bias adjustment (April 2001-April 2003) Net business birth/death adjustment (Apr01-Apr03) U.S. Department of Labor. Bureau of Labor Statistics. “Employment and Earnings”. Net business birth/death estimates of the Payroll non-sampling error which basis, employment growth adjustment factors are used to adjust sample-based Employment Survey to reduce a primary source of is the inability of the sample to capture, on a timely generated by new business formations. Net business birth/death adjustment factors replaced bias adjustment factors following the switch to a probability-based sample design in the estimation methodology for the CES program. Bias adjustment is modeled on a quarterly basis and all months of the quarter have the same target bias adjustment level. In contrast net birth/death models result in a unique adjustment for each month and exhibit a seasonal pattern. 2 From April 1998 through April 2001, bias adjustment factors were used for all industries. From April 2001 through April 2003, bias adjustment factors were used for the services industry while business birth/death adjustments were used for mining, construction, manufacturing, wholesale trade, retail trade, transportation & public utilities and finance, insurance & real estate industries. From April 2003 through the present, business birth/death adjustments are used for all industries. © Haver Analytics Vol 1: E&E - 71 9/30/10 Real Earnings Private Nonagricultural Production (or Nonsupervisory) Workers Monthly, 1964-present Current Dollars 1982 Dollars LEPRIVA LKPRIVA LZHAC LZHWC Seasonally adjusted Average hourly earnings Average weekly earnings LEPRIV LKPRIV LZHACN LZHWCN Not seasonally adjusted Average hourly earnings Average weekly earnings Note: Constant dollar series are derived by dividing the current dollar series by the CPI-W, All Items, rebased to 1982=100. Source: Department of Labor. Bureau of Labor Statistics. "Real Earnings." CES Strike Report (Summary of Strike Activity) Seasonally Adjusted, Monthly Variable LANAGADS (7502-) LANAGADT LANAGADN LANAGADC LANAGADL (10305-) (10305-) (10305-) (10305-) Net change in number of workers on strikes (persons) 1 Workers on strike Workers newly on strike Workers on continued strike Workers returning to work after strike settlement Available Labor Supply Seasonally Adjusted, Thousands Monthly Quarterly (9401-) (701-) LSUP LSUPQ 1 Available labor supply (16 years and over) 2 Net change in the number of persons on strike is the number of persons newly on strike minus the number who returned to work after a settlement. Only strikes involving at least 1,000 workers are covered. Data relate to workers directly involved in large strikes who were idle during the entire pay period which includes the 12th of the month. While these figures provide an indicator of the expected impact of large strikes on CES estimates of employment for the current month, they should be used with caution as they are preliminary and possibly incomplete. Also, no adjustments are made for the use of replacement workers. Data are assembled from a variety of public sources. 2 Available labor supply (16 years and over) is calculated by Haver Analytics by summing the "unemployed" (16 yrs & over, SA: LTU for monthly, LTUQ for quarterly) and "those not in the labor force who report that they want a job now" (16 years and over, SA: LHW for monthly, LHWQ for quarterly). © Haver Analytics Vol 1: E&E - 72 9/30/10 EMPLOYMENT COST INDEX Table 1. Employment Cost Index for Total Compensation by Occupational Group and by Industry Quarterly, Seasonally Adjusted Index (Dec 2005=100 LS (821-) % Change Over 3 Months LS3 (822-) LSIG LSIM (1031-) (1031-) LSIG3 LSIM3 (1031-) (1031-) LSIEH LSIED LSIES LSIEC (1031-) (1031-) (1031-) (1031-) LSIEH3 LSIED3 LSIES3 LSIEC3 (1031-) (1031-) (1031-) (1031-) LSIH LSIHP LSIHN (1031-) (1031-) (1031-) LSIH3 LSIHP3 LSIHN3 (1031-) (1031-) (1031-) LSIPA (1031-) LSIPA3 (1031-) LSP3 (802-) LSP (801-) LSPOWM LSPOWE LSPOWP LSPOWL LSPOWS LSPOWA LSPOBR (1021-) (1021-) (1021-) (1021-) (1021-) (1021-) (1021-) LSPOWM3 LSPOWE3 LSPOWP3 LSPOWL3 LSPOWS3 LSPOWA3 LSPOBR3 (1021-) (1021-) (1021-) (1021-) (1021-) (1021-) (1021-) LSPOBC LSPOBMR LSPOBT (1021-) (1021-) (1021-) LSPOBC3 LSPOBMR3 LSPOBT3 (1021-) (1021-) (1021-) LSPOBP LSPOBV LSPOS (1021-) (1021-) (1021-) LSPOBP3 LSPOBV3 LSPOS3 (1021-) (1021-) (1021-) LSPIG LSPIGC LSPIM LSPIAC LSPIS LSPITT LSPIWT LSPIRT LSPITR LSPIPU LSPIIT (801-) (851-) (801-) (1031-) (801-) (1011-) (1021-) (1011-) (1031-) (1031-) (1011-) LSPIG3 LSPIGC3 LSPIM3 LSPIAC3 LSPIS3 LSPITT3 LSPIWT3 LSPIRT3 LSPITR3 LSPIPU3 LSPIIT3 (802-) (852-) (802-) (1031-) (802-) (1011-) (1021-) (1011-) (1031-) (1031-) (1011-) Civilian workers 2 Industry Goods-producing industries 11 Manufacturing 10 Service-providing industries : 12 Education and health services 10 Education services 10 Elementary and secondary schools 10 Junior colleges, colleges, universities, and professional schools 10 Health care and social assistance 13 Hospitals 10 Nursing & residential care facilities 10 Public administration 10 Private industry workers By occupational group: Management, professional and related Management, business and financial Professional and related Sales and office Sales and related Office and administrative support Natural resources, construction & maintenance 9 Construction and extraction Installation, maintenance and repair Production, transportation & material moving Production Transportation & material moving Service occupations By industry: Goods-producing industries 5 Construction Manufacturing Aircraft manufacturing 10 Service-providing industries 6 Trade, transportation and utilities 7 Wholesale trade Retail trade Transportation and warehousing 10 Utilities 10 Information 7 Please see footnotes at the end of the table. © Haver Analytics Vol 1: E&E - 73 9/30/10 Table 1. Employment Cost Index for Total Compensation by Occupational Group and by Industry Quarterly, Seasonally Adjusted Index (Dec 2005=100 % Change Over 3 Months LSPIFA LSPIFI LSPICI (1011-) (1031-) (1031-) LSPIFA3 LSPIFI3 LSPICI3 (1011-) (1031-) (1031-) LSPII (1031-) LSPII3 (1031-) LSPIPB LSPIPS (1011-) (1031-) LSPIPB3 LSPIPS3 (1011-) (1031-) LSPIPD (1031-) LSPIPD3 (1031-) LSPIEH LSPIED LSPIEC (1011-) (1011-) (1031-) LSPIEH3 LSPIED3 LSPIEC3 (1011-) (1011-) (1031-) LSPIH LSPIHP LSPIHN (1011-) (1031-) (1031-) LSPIH3 LSPIHP3 LSPIHN3 (1011-) (1031-) (1031-) LSPILH LSPILA LSPISO (1011-) (1031-) (1011-) LSPILH3 LSPILA3 LSPISO3 (1011-) (1031-) (1011-) LSG LSGIEH LSGIED LSGISL LSGIES LSGIH LSGIHP LSGIPA (821-) (1031-) (1031-) (1031-) (1031-) (1031-) (1031-) (1031-) LSG3 LSGIEH3 LSGIED3 LSGISL3 LSGIES3 LSGIH3 LSGIHP3 LSGIPA3 (822-) (1031-) (1031-) (1031-) (1031-) (1031-) (1031-) (1031-) © Haver Analytics Financial activities 7 Finance and insurance 10 Credit intermediation and related activities 10 Insurance carriers and related activities 10 Professional and business services 7 Professional, scientific, and technical services 10 Administrative and support & waste management and remediation services 10 Education and health services 7 Education services Junior colleges, colleges, universities, and professional schools 10 Health care and social assistance 8 Hospitals 10 Nursing and residential care facilities 10 Leisure and hospitality 7 Accommodation and food services 10 Other services, ex public administration 7 State and local government workers Education and health services 10 Education services 10 Schools 10 Elementary and secondary schools 10 Health care and social assistance 13 Hospitals 10 Public administration 10 Vol 1: E&E - 74 9/30/10 EMPLOYMENT COST INDEX (continued) 1 Includes wages, salaries, and employer costs for employee benefits. Includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except the federal government. 3 Includes the following occupational groups: management, business, and financial; professional and related; sales and related; and office and administrative support. 4 Includes the following occupational groups: farming, fishing, and forestry; construction and extraction; installation, maintenance, and repair; production; and transportation and material moving. 5 Includes mining, construction, and manufacturing. 6 Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises; administrative and support and waste management and remediation services; education services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services, except public administration. 7 New series. Historical data are available beginning with March 2001. 8 Includes ambulatory health care services and social assistance, not shown separately. 9 Includes farming, fishing, and forestry occupations, not shown separately. 10 Seasonally adjusted indexes and 3-month percent changes for these series are being published for the first time with the 2008 seasonal adjustment revisions. Historical data for these series are published beginning with March 2003. 11 Includes mining, construction, and manufacturing. Seasonally adjusted indexes and 3-month percent changes for these series are being published for the first time with the 2008 seasonal adjustment revisions. Historical data for these series are published beginning with March 2003. 12 Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; other services, except public administration; and public administration. Seasonally adjusted indexes and 3-month percent changes for these series are being published for the first time with the 2008 seasonal adjustment revisions. Historical data for these series are published beginning with March 2003. 13 Includes ambulatory health care services and social assistance, not shown separately. Seasonally adjusted indexes and 3-month percent changes for these series are being published for the first time with the 2008 seasonal adjustment revisions. Historical data for these series are published beginning with March 2003. 2 © Haver Analytics Vol 1: E&E - 75 9/30/10 EMPLOYMENT COST INDEX (continued) Table 2. Employment Cost Index for Wages and Salaries by Occupational Group and by Industry Quarterly, Seasonally Adjusted Index (Dec 2005=100 LSW (821-) % Change Over 3 Months LSW3 (822-) LSWIG LSWIM (1031-) (1031-) LSWIG3 LSWIM3 (1031-) (1031-) LSWIEH LSWIED LSWIES LSWIEC (1031-) (1031-) (1031-) (1031-) LSWIEH3 LSWIED3 LSWIES3 LSWIEC3 (1031-) (1031-) (1031-) (1031-) LSWIH LSWIHP LSWIHN (1031-) (1031-) (1031-) LSWIH3 LSWIHP3 LSWIHN3 (1031-) (1031-) (1031-) LSWIPA (1031-) LSWIPA3 (1031-) LSWP (801-) LSWP3 (802-) LSWPOWM LSWPOWE LSWPOWP LSWPOWL LSWPOWS LSWPOWA LSWPOBR (1021-) (1021-) (1021-) (1021-) (1021-) (1021-) (1021-) LSWPOWM3 LSWPOWE3 LSWPOWP3 LSWPOWL3 LSWPOWS3 LSWPOWA3 LSWPOBR3 (1021-) (1021-) (1021-) (1021-) (1021-) (1021-) (1021-) LSWPOBC LSWPOBMR LSWPOBT (1021-) (1021-) (1021-) LSWPOBC3 LSWPOBM3 LSWPOBT3 (1021-) (1021-) (1021-) LSWPOBV (1021-) LSWPOBV3 (1021-) LSWPIG LSWPIGC LSWPIM LSWPIAC LSWPIS LSWPITT LSWPIRT LSWPITR LSWPIPU LSWPIIT (753-) (801-) (812-) (1031-) (801-) (1011-) (1011-) (1031-) (1031-) (1011-) LSWPIG3 LSWPIGC3 LSWPIM3 LSWPIAC3 LSWPIS3 LSWPITT3 LSWPIRT3 LSWPITR3 LSWPIPU3 LSWPIIT3 (754-) (802-) (813-) (1031-) (802-) (1011-) (1011-) (1031-) (1031-) (1011-) Civilian workers 1 Industry Goods-producing industries 11 Manufacturing 10 Service-providing industries : 12 Education and health services 10 Education services 10 Elementary and secondary schools 10 Junior colleges, colleges, universities, and professional schools 10 Health care and social assistance 13 Hospitals 10 Nursing and residential care facilities 10 Public administration 10 Private industry workers By occupational group: Management, professional and related Management, business and financial Professional and related Sales and office Sales and related Office and administrative support Natural resources, construction & maintenance 8 Construction and extraction Installation, maintenance and repair Production, transportation & material moving Transportation & material moving By industry: Goods-producing industries 4 Construction Manufacturing Aircraft manufacturing 10 Service-providing industries 5 Trade, transportation and utilities 6 Retail trade Transportation and warehousing 10 Utilities 10 Information 6 Please see footnotes at the end of the table. © Haver Analytics Vol 1: E&E - 76 9/30/10 EMPLOYMENT COST INDEX (continued) Table 2. Employment Cost Index for Wages and Salaries by Occupational Group and by Industry Quarterly, Seasonally Adjusted Index (Dec 2005=100 % Change Over 3 Months LSWPIFA LSWPIFI LSWPICI (1011-) (1031-) (1031-) LSWPIFA3 LSWPIFI3 LSWPICI3 (1011-) (1031-) (1031-) LSWPIPB LSWPIPS (1011-) (1031-) LSWPIPB3 LSWPIPS3 (1011-) (1031-) LSWPIPD (1031-) LSWPIPD3 (1031-) LSWPIEH LSWPIED LSWPIEC (1011-) (1011-) (1031-) LSWPIEH3 LSWPIED3 LSWPIEC3 (1011-) (1011-) (1031-) LSWPIH LSWPIHP LSWPILH LSWPILA LSWPISO (1011-) (1031-) (1011-) (1031-) (1031-) LSWPIH3 LSWPIHP3 LSWPILH3 LSWPILA3 LSWPISO3 (1011-) (1031-) (1011-) (1031-) (1031-) LSWG LSWGIEH LSWGIED LSWGISL LSWGIES LSWGIH LSWGIHP LSWGIPA (821-) (1031-) (1031-) (1031-) (1031-) (1031-) (1031-) (1031-) LSWG3 LSWGIEH3 LSWGIED3 LSWGISL3 LSWGIES3 LSWGIH3 LSWGIHP3 LSWGIPA3 (822-) (1031-) (1031-) (1031-) (1031-) (1031-) (1031-) (1031-) Financial activities 6 Finance and insurance 10 Credit intermediation and related activities 10 Professional and business services 6 Professional, scientific, and technical services 10 Administrative and support and waste management and remediation services 10 Education and health services 6 Education services Junior colleges, colleges, universities, and professional schools 10 Health care and social assistance 7 Hospitals 10 Leisure and hospitality 6 Accommodation and food services 10 Other services, except public administration 10 State and local government workers Education and health services 10 Education services 10 Schools 10 Elementary and secondary schools 10 Health care and social assistance 13 Hospitals 10 Public administration 10 Please see footnotes on the next page. © Haver Analytics Vol 1: E&E - 77 9/30/10 EMPLOYMENT COST INDEX (continued) 1 Includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except the federal government. 2 Includes the following occupational groups: management, business, and financial; professional and related; sales and related; and office and administrative support. 3 Includes the following occupational groups: farming, fishing, and forestry; construction and extraction; installation, maintenance, and repair; production; and transportation and material moving. 4 Includes mining, construction, and manufacturing. 5 Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises; administrative and support and waste management and remediation services; education services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services, except public administration. 6 New series. Historical data are available beginning with March 2001. 7 Includes ambulatory health care services and social assistance, not shown separately. 8 Includes farming, fishing, and forestry occupations, not shown separately. 10 Seasonally adjusted indexes and 3-month percent changes for these series are being published for the first time with the 2008 seasonal adjustment revisions. Historical data for these series are published beginning with March 2003. 11 Includes mining, construction, and manufacturing. Seasonally adjusted indexes and 3-month percent changes for these series are being published for the first time with the 2008 seasonal adjustment revisions. Historical data for these series are published beginning with March 2003. 12 Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; other services, except public administration; and public administration. Seasonally adjusted indexes and 3-month percent changes for these series are being published for the first time with the 2008 seasonal adjustment revisions. Historical data for these series are published beginning with March 2003. 13 Includes ambulatory health care services and social assistance, not shown separately. Seasonally adjusted indexes and 3-month percent changes for these series are being published for the first time with the 2008 seasonal adjustment revisions. Historical data for these series are published beginning with March 2003. © Haver Analytics Vol 1: E&E - 78 9/30/10 EMPLOYMENT COST INDEX (continued) Table 3. Employment Cost Index for Benefits by Occupational Group and by Industry Quarterly, Seasonally Adjusted Index (Dec 2005=100 % Change Over 3 Months LSB (821-) LSB3 (822-) LSBP (801-) LSBP3 (802-) Civilian workers 1 LSBPIG LSBPIM LSBPIAC LSBPIS (801-) (801-) (801-) (801-) LSBPIG3 (802-) LSBPIM3 (802-) LSBPIAC3 (802-) LSBPIS3 (802-) Private industry workers By occupational group: Management, professional and related Sales and office Natural resources, construction & maintenance 2 Production, transportation & material moving Service occupations By industry: Goods-producing industries 3 Manufacturing Aircraft manufacturing 10 Service-providing industries 4 LSBG (892-) LSBG3 State and local government workers LSBPOWM (1021-) LSBPOWM3 (1021-) LSBPOWL LSBPOBR (1021-) (1021-) LSBPOWL3 LSBPOBR3 (1021-) (1021-) LSBPOBT (1021-) LSBPOBT3 (1021-) LSBPOS (1021-) LSBPOS3 (1021-) (893-) 1 “Civilian workers” includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except the federal government. 2 “Natural resources, construction & maintenance” includes farming, fishing, and forestry occupations, not shown separately. 3 “Goods-producing industries” includes mining, construction, and manufacturing. 4 “Service-providing industries” includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises; administrative and support and waste management and remediation services; education services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services, except public administration. 5 “Health care and social assistance” includes ambulatory health care services and social assistance, not shown separately. 10 “Seasonally adjusted indexes and 3-month percent changes for these series are being published for the first time with the 2008 seasonal adjustment revisions. Historical data for these series are published beginning with March 2003.” © Haver Analytics Vol 1: E&E - 79 9/30/10 EMPLOYMENT COST INDEX (continued) Table 4. Employment Cost Index for Total Compensation by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD % Change Index Over (Dec 2005=100) 3 Months % Change Over 12 Months LC LCZ (812-) (1061-) LC3 LCZ3 (813-) (1061-) LCY LCZY (822-) (1064-) LCOWM (1011-) LCOWM3 (1011-) LCOWMY (1011-) LCOWE (892-) LCOWE3 (893-) LCOWEY (902-) LCOWP (892-) LCOWP3 (893-) LCOWPY (902-) LCOWL LCOWS LCOWA (1011-) (1011-) (892-) LCOWL3 LCOWS3 LCOWA3 (1011-) (1011-) (893-) LCOWLY LCOWSY LCOWAY (1011-) (1011-) (902-) LCOBR (1011-) LCOBR3 (1011-) LCOBRY (1011-) LCOBC (1011-) LCOBC3 (1011-) LCOBCY (1011-) LCOBMR (1011-) LCOBMR3 (1011-) LCOBMRY (1011-) LCOBT (1011-) LCOBT3 (1011-) LCOBTY (1011-) LCOBP LCOBV (1011-) (1011-) LCOBP3 LCOBV3 (1011-) (1011-) LCOBPY LCOBVY (1011-) (1011-) LCOS (812-) © Haver Analytics LCOS3 (813-) LCOSY (822-) Vol 1: E&E - 80 Civilian workers 1 Excluding incentive paid occupations By occupational group: Management, professional and related Management, business and financial Professional and related Sales and office Sales and related Office and administrative support Natural resources, construction and maintenance 2 Construction and extraction Installation, maintenance and repair Production, transportation and material moving Production Transportation and material moving Service occupations 9/30/10 EMPLOYMENT COST INDEX (continued) Table 4. Employment Cost Index for Total Compensation by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD % Change Index Over (Dec 2005=100) 3 Months % Change Over 12 Months LCIG LCIM LCIS LCIEH (812-) (812-) (812-) (1011-) LCIG3 LCIM3 LCIS3 LCIEH3 (813-) (813-) (813-) (1011-) LCIGY LCIMY LCISY LCIEHY (822-) (822-) (822-) (1011-) LCIED LCIES (891-) (1011-) LCIED3 LCIES3 (892-) (1011-) LCIEDY LCIESY (901-) (1011-) LCIEC (1011-) LCIEC3 (1011-) LCIECY (1011-) LCIH (1011-) LCIH3 (1011-) LCIHY (1011-) LCIHP LCIHN (862-) (1011-) LCIHP3 LCIHN3 (863-) (1011-) LCIHPY LCIHNY (872-) (1011-) LCIPA (812-) LCIPA3 (813-) LCIPAY (822-) © Haver Analytics Vol 1: E&E - 81 By industry: Goods-producing 3 Manufacturing Service-providing 4 Education and health services Education services Elementary and secondary schools Junior colleges, colleges, universities and professional schools Health care and social assistance 5 Hospitals Nursing and residential care facilities Public administration 9/30/10 EMPLOYMENT COST INDEX (continued) Table 5. Employment Cost Index for Total Compensation Private Industry Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Variable Index in Current Dollars (Dec 2005=100) LCP LCPZ (794-) (1061-) LCPOWM LCPOWMZ LCPOWE LCPOWEZ LCPOWT LCPOWL LCPOWLZ LCPOWS LCPOWSZ LCPOWA LCPOBR LCPOBC LCPOBM LCPOBT LCPOBTZ LCPOBP LCPOBPZ LCPOBV LCPOS (1011-) (1061-) (854-) (1061-) (854-) (1011-) (1061-) (861-) (1061-) (854-) (1011-) (1011-) (1011-) (1011-) (1061-) (1011-) (1061-) (1011-) (794-) By occupational group: Management, professional and related Excluding incentive paid occupations Management, business and financial Excluding incentive paid occupations Professional and related Sales and office Excluding incentive paid occupations Sales and related Excluding incentive paid occupations Office and administrative support Natural resources, construction & maintenance Construction and extraction Installation, maintenance and repair Production, transportation & material moving Excluding incentive paid occupations Production Excluding incentive paid occupations Transportation & material moving Service occupations LCPIG LCPIGZ LCPGWM LCPGWL LCPGBR LCPGBT LCPIGC LCPIM LCPMWM LCPMWL LCPMBR LCPMBT LCPAC (794-) (1061-) (1011-) (1011-) (1011-) (1011-) (851-) (794-) (1011-) (1011-) (1011-) (1011-) (884-) By Occupational Group and by Industry: Goods-producing 3 Excluding incentive paid occupations Management, professional and related Sales and office Natural resources, construction & maintenance Production, transportation & material moving Construction Manufacturing Management, professional and related Sales and office Natural resources, construction and maintenance Production, transportation & material moving Aircraft manufacturing © Haver Analytics Private industry workers Excluding incentive paid occupations Vol 1: E&E - 82 2 9/30/10 EMPLOYMENT COST INDEX (continued) Table 5. Employment Cost Index for Total Compensation Private Industry Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Variable Index in Current Dollars (Dec 2005=100) LCPIS LCPISZ LCPISWM LCPISWL LCPISBR LCPISBT LCPISS LCPITT LCPITTZ LCPIWT LCPIWZ LCPIRT LCPIRTZ LCPITR LCPIPU LCPIIT LCPIF LCPIFZ LCPIFI LCPICI LCPICIZ LCPII LCPIIZ LCPIRE LCPIREZ LCPIPB LCPIPS LCPIPD (794-) (1061-) (1011-) (1011-) (1011-) (1011-) (872-) (1011-) (1061-) (1011-) (1061-) (1011-) (1061-) (851-) (851-) (1011-) (851-) (1061-) (1011-) (1011-) (1061-) (1011-) (1061-) (1011-) (1061-) (1011-) (1011-) (1011-) LCPIEH LCPIED LCPIEC (1011-) (884-) (884-) LCPIH LCPIHP LCPIHN LCPIHC LCPILH LCPILA LCPISO (1011-) (862-) (1011-) (1061-) (1011-) (1011-) (1011-) © Haver Analytics By Occupational Group and by Industry, continued: Service-providing industries 4 Excluding incentive paid occupations Management, professional and related Sales and office Natural resources, construction and maintenance Production, transportation & material moving Service occupations Trade, transportation and utilities Excluding incentive paid occupations Wholesale trade Excluding incentive paid occupations Retail trade Excluding incentive paid occupations Transportation and warehousing Utilities Information Financial activities Excluding incentive paid occupations Finance and insurance Credit intermediation and related activities Excluding incentive paid occupations Insurance carriers and related activities Excluding incentive paid occupations Real estate and rental and leasing Excluding incentive paid occupations Professional and business services Professional, scientific & technical services Administrative & support & waste management and remediation services Education and health services Education services Junior colleges, colleges, universities and professional schools Health care and social assistance 5 Hospitals Nursing and residential care facilities Nursing care facilities Leisure and hospitality Accommodation and food service Other services except public administration Vol 1: E&E - 83 9/30/10 EMPLOYMENT COST INDEX (continued) Table 5. Employment Cost Index for Total Compensation Private Industry Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Variable Percent change over 3 months in current dollars LCP3 LCPZ3 (801-) (1061-) LCPOWM3 LCPOWMZ3 LCPOWE3 LCPOWEZ3 LCPOWT3 LCPOWL3 LCPOWLZ3 LCPOWS3 LCPOWSZ3 LCPOWA3 LCPOBR3 LCPOBC3 LCPOBM3 LCPOBT3 LCPOBTZ3 LCPOBP3 LCPOBPZ3 LCPOBV3 LCPOS3 (1011-) (1061-) (861-) (1061-) (861-) (1011-) (1061-) (862-) (1061-) (861-) (1011-) (1011-) (1011-) (1011-) (1061-) (1011-) (1061-) (1011-) (801-) By occupational group: Management, professional and related Excluding incentive paid occupations Management, business and financial Excluding incentive paid occupations Professional and related Sales and office Excluding incentive paid occupations Sales and related Excluding incentive paid occupations Office and administrative support Natural resources, construction & maintenance Construction and extraction Installation, maintenance and repair Production, transportation & material moving Excluding incentive paid occupations Production Excluding incentive paid occupations Transportation & material moving Service occupations LCPIG3 LCPIGZ3 LCPGWM3 LCPGWL3 LCPGBR3 LCPGBT3 LCPIGC3 LCPIM3 LCPMWM3 LCPMWL3 LCPMBR3 LCPMBT3 LCPAC3 (801-) (1061-) (1011-) (1011-) (1011-) (1011-) (852-) (801-) (1011-) (1011-) (1011-) (1011-) (891-) By Occupational Group and by Industry: Goods-producing 3 Excluding incentive paid occupations Management, professional and related Sales and office Natural resources, construction & maintenance Production, transportation & material moving Construction Manufacturing Management, professional and related Sales and office Natural resources, construction and maintenance Production, transportation & material moving Aircraft manufacturing © Haver Analytics Private industry workers Excluding incentive paid occupations Vol 1: E&E - 84 2 9/30/10 EMPLOYMENT COST INDEX (continued) Table 5. Employment Cost Index for Total Compensation Private Industry Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Variable Percent change over 3 months in current dollars LCPIS3 LCPISZ3 LCPISWM3 LCPISWL3 LCPISBR3 LCPISBT3 LCPISS3 LCPITT3 LCPITTZ3 LCPIWT3 LCPIWZ3 LCPIRT3 LCPIRTZ3 LCPITR3 LCPIPU3 LCPIIT3 LCPIF3 LCPIFZ3 LCPIFI3 LCPICI3 LCPICIZ3 LCPII3 LCPIIZ3 LCPIRE3 LCPIREZ3 LCPIPB3 LCPIPS3 LCPIPD3 (801-) (1061-) (1011-) (1011-) (1011-) (1011-) (873-) (1011-) (1061-) (1011-) (1061-) (1011-) (1061-) (852-) (852-) (1011-) (852-) (1061-) (1011-) (1011-) (1061-) (1011-) (1061-) (1011-) (1061-) (1011-) (1011-) (1011-) LCPIEH3 LCPIED3 LCPIEC3 (1011-) (891-) (1011-) LCPIH3 LCPIHP3 LCPIHN3 LCPIHC3 LCPILH3 LCPILA3 LCPISO3 (1011-) (863-) (1011-) (1061-) (1011-) (1011-) (1011-) © Haver Analytics By Occupational Group and by Industry, continued: Service-providing industries 4 Excluding incentive paid occupations Management, professional and related Sales and office Natural resources, construction and maintenance Production, transportation & material moving Service occupations Trade, transportation and utilities Excluding incentive paid occupations Wholesale trade Excluding incentive paid occupations Retail trade Excluding incentive paid occupations Transportation and warehousing Utilities Information Financial activities Excluding incentive paid occupations Finance and insurance Credit intermediation and related activities Excluding incentive paid occupations Insurance carriers and related activities Excluding incentive paid occupations Real estate and rental and leasing Excluding incentive paid occupations Professional and business services Professional, scientific & technical services Administrative & support & waste management and remediation services Education and health services Education services Junior colleges, colleges, universities and professional schools Health care and social assistance 5 Hospitals Nursing and residential care facilities Nursing care facilities Leisure and hospitality Accommodation and food service Other services except public administration Vol 1: E&E - 85 9/30/10 EMPLOYMENT COST INDEX (continued) Table 5. Employment Cost Index for Total Compensation Private Industry Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Variable Percent change over 12 months in current dollars LCPY LCPZY (804-) (1064-) LCPOWMY LCPOWMZY LCPOWEY LCPOWEZY LCPOWTY LCPOWLY LCPOWLZY LCPOWSY LCPOWSZY LCPOWAY LCPOBRY LCPOBCY LCPOBMY LCPOBTY LCPOBTZY LCPOBPY LCPOBPZY LCPOBVY LCPOSY (1011-) (1064-) (864-) (1064-) (864-) (1011-) (1064-) (871-) (1064-) (864-) (1011-) (1011-) (1011-) (1011-) (1064-) (1011-) (1064-) (1011-) (804-) By occupational group: Management, professional and related Excluding incentive paid occupations Management, business and financial Excluding incentive paid occupations Professional and related Sales and office Excluding incentive paid occupations Sales and related Excluding incentive paid occupations Office and administrative support Natural resources, construction & maintenance Construction and extraction Installation, maintenance and repair Production, transportation & material moving Excluding incentive paid occupations Production Excluding incentive paid occupations Transportation & material moving Service occupations LCPIGY LCPIGZY LCPGWMY LCPGWLY LCPGBRY LCPGBTY LCPIGCY LCPIMY LCPMWMY LCPMWLY LCPMBRY LCPMBTY LCPACY (804-) (1064-) (1011-) (1011-) (1011-) (1011-) (861-) (804-) (1011-) (1011-) (1011-) (1011-) (894-) By Occupational Group and by Industry: Goods-producing 3 Excluding incentive paid occupations Management, professional and related Sales and office Natural resources, construction & maintenance Production, transportation & material moving Construction Manufacturing Management, professional and related Sales and office Natural resources, construction and maintenance Production, transportation & material moving Aircraft manufacturing © Haver Analytics Private industry workers Excluding incentive paid occupations Vol 1: E&E - 86 2 9/30/10 EMPLOYMENT COST INDEX (continued) Table 5. Employment Cost Index for Total Compensation Private Industry Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Variable Percent change over 12 months in current dollars LCPISY LCPISZY LCPISWMY LCPISWLY LCPISBRY LCPISBTY LCPISSY LCPITTY LCPITTZY LCPIWTY LCPIWZY LCPIRTY LCPIRTZY LCPITRY LCPIPUY LCPIITY LCPIFY LCPIFZY LCPIFIY LCPICIY LCPICIZY LCPIIY LCPIIZY LCPIREY LCPIREZY LCPIPBY LCPIPSY LCPIPDY (804-) (1064-) (1011-) (1011-) (1011-) (1011-) (882-) (1011-) (1064-) (1011-) (1064-) (1011-) (1064-) (861-) (861-) (1011-) (861-) (1064-) (1011-) (1011-) (1064-) (1011-) (1064-) (1011-) (1064-) (1011-) (1011-) (1011-) LCPIEHY LCPIEDY LCPIECY (1011-) (894-) (1011-) LCPIHY LCPIHPY LCPIHNY LCPIHCY LCPILHY LCPILAY LCPISOY (1011-) (872-) (1011-) (1064-) (1011-) (1011-) (1011-) © Haver Analytics By Occupational Group and by Industry, continued: Service-providing industries 4 Excluding incentive paid occupations Management, professional and related Sales and office Natural resources, construction & maintenance Production, transportation & material moving Service occupations Trade, transportation and utilities Excluding incentive paid occupations Wholesale trade Excluding incentive paid occupations Retail trade Excluding incentive paid occupations Transportation and warehousing Utilities Information Financial activities Excluding incentive paid occupations Finance and insurance Credit intermediation and related activities Excluding incentive paid occupations Insurance carriers and related activities Excluding incentive paid occupations Real estate and rental and leasing Excluding incentive paid occupations Professional and business services Professional, scientific & technical services Administrative & support & waste management and remediation services Education and health services Education services Junior colleges, colleges, universities and professional schools Health care and social assistance 5 Hospitals Nursing and residential care facilities Nursing care facilities Leisure and hospitality Accommodation and food service Other services except public administration Vol 1: E&E - 87 9/30/10 EMPLOYMENT COST INDEX (continued) Table 6. Employment Cost Index for Total Compensation Private Industry Workers By Bargaining Status, Census Region and Division and Metropolitan Area Status Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Index (6/89=100) % Change Over 3 Months % Change Over 12 Months LCPU LCPUG (794-) (812-) LCPU3 LCPUG3 (801-) (813-) LCPUY LCPUGY (804-) (822-) LCPUM LCPUS (812-) (812-) LCPUM3 LCPUS3 (813-) (813-) LCPUMY LCPUSY (822-) (822-) LCPN LCPNG (794-) (812-) LCPN3 LCPNG3 (801-) (813-) LCPNY LCPNGY (804-) (822-) LCPNM LCPNS (812-) (812-) LCPNM3 LCPNS3 (813-) (813-) LCPNMY LCPNSY (822-) (822-) Bargaining Status Union workers Goods-producing industries 1 Manufacturing Service-providing industries 2 Nonunion workers Goods-producing industries 1 Manufacturing Service-providing industries 2 LCPNE LCPNEN LCPNEA LCPSO LCPSOA LCPSOE LCPSOW LCPNC LCPNCE LCPNCW LCPWE LCPWEM LCPWEP (824-) (1061-) (1061-) (824-) (1061-) (1061-) (1061-) (824-) (1061-) (1061-) (824-) (1061-) (1061-) LCPNE3 LCPNEN3 LCPNEA3 LCPSO3 LCPSOA3 LCPSOE3 LCPSOW3 LCPNC3 LCPNCE3 LCPNCW3 LCPWE3 LCPWEM3 LCPWEP3 (831-) (1061-) (1061-) (831-) (1061-) (1061-) (1061-) (831-) (1061-) (1061-) (831-) (1061-) (1061-) LCPNEY LCPNENY LCPNEAY LCPSOY LCPSOAY LCPSOEY LCPSOWY LCPNCY LCPNCEY LCPNCWY LCPWEY LCPWEMY LCPWEPY (834-) (1064-) (1064-) (834-) (1064-) (1064-) (1064-) (834-) (1064-) (1064-) (834-) (1064-) (1064-) Census Region and Division3 Northeast New England Middle Atlantic South South Atlantic East South Central West South Central Midwest East North Central West North Central West Mountain Pacific LCPCIT LCPSUB (1061-) (1061-) LCPCIT3 LCPSUB3 (1061-) (1061-) LCPCITY LCPSUBY (1064-) (1064-) Metropolitan Area Status Metropolitan area Nonmetropolitan area Please see footnotes on the next page. © Haver Analytics Vol 1: E&E - 88 9/30/10 EMPLOYMENT COST INDEX (continued) Table 6. Employment Cost Index for Total Compensation Private Industry Workers By Bargaining Status, Census Region and Division and Metropolitan Area Status 1 Includes mining, construction, and manufacturing. 2 Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises; administrative and support and waste management and remediation services; education services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services, except public administration. 3 The states (including the District of Columbia) that comprise the census divisions are: New England: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont; Middle Atlantic: New Jersey, New York, and Pennsylvania; South Atlantic: Delaware, District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and West Virginia; East South Central: Alabama, Kentucky, Mississippi, and Tennessee; West South Central: Arkansas, Louisiana, Oklahoma, and Texas; East North Central: Illinois, Indiana, Michigan, Ohio, and Wisconsin; West North Central: Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota; Mountain: Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming; Pacific: Alaska, California, Hawaii, Oregon, and Washington. © Haver Analytics Vol 1: E&E - 89 9/30/10 EMPLOYMENT COST INDEX (continued) Table 7. Employment Cost Index for Total Compensation State and Local Government Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD % Change Index Over (Dec 2005=100) 3 Months LCG (812-) LCG3 (813-) % Change Over 12 Months LCGY (822-) All state and local government workers LCGOWM (1011-) LCGOWM3 (1011-) LCGOWMY (1011-) LCGOWP (892-) LCGOWP3 (893-) LCGOWPY (902-) LCGOWL LCGOWA (1011-) (892-) LCGOWL3 LCGOWA3 (1011-) (893-) LCGOWLY LCGOWAY (1011-) (902-) LCGOS (812-) LCGOS3 (813-) LCGOSY (822-) LCGIEN (1011-) LCGIEN3 (1011-) LCGIENY (1011-) LCGIED LCGISL LCGIES (891-) (812-) (812-) LCGIED3 LCGISL3 LCGIES3 (892-) (813-) (813-) LCGIEDY LCGISLY LCGIESY (901-) (822-) (822-) LCGIH LCGIHP LCGIPA (1011-) (881-) (812-) LCGIH3 LCGIHP3 LCGIPA3 (1011-) (882-) (813-) LCGIHY LCGIHPY LCGIPAY (1011-) (891-) (822-) By occupational group: Management, professional and related Professional and related Sales and office Office & administrative support Service occupations By industry: Education and health services Education services Schools 1 Elementary and secondary schools Health care and social assistance 2 Hospitals Public administration 1 Includes elementary and secondary schools; junior colleges; colleges, universities, and professional schools. 2 Includes ambulatory health care services and social assistance, not shown separately. © Haver Analytics Vol 1: E&E - 90 9/30/10 EMPLOYMENT COST INDEX (continued) Table 8. Employment Cost Index for Wages & Salaries Civilian Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD % Change Index Over (Dec 2005=100) 3 Months LCW LCWZ (812-) (1061-) % Change Over 12 Months LCW3 LCWZ3 (813-) (1061-) LCWY LCWZY (822-) (1064-) LCWOWM (1011-) LCWOWM3 (1011-) LCWOWMY (1011-) LCWOWE (892-) LCWOWE3 (893-) LCWOWEY (902-) LCWOWP (892-) LCWOWP3 (893-) LCWOWPY (902-) LCWOWL LCWOWS LCWOWA (1011-) (1011-) (892-) LCWOWL3 LCWOWS3 LCWOWA3 (1011-) (1011-) (893-) LCWOWLY LCWOWSY LCWOWAY (1011-) (1011-) (902-) LCWOBR (1011-) LCWOBR3 (1011-) LCWOBRY (1011-) LCWOBC (1011-) LCWOBC3 (1011-) LCWOBCY (1011-) LCWOBMR (1011-) LCWOBMR3 (1011-) LCWOBMRY (1011-) LCWOBT (1011-) LCWOBT3 (1011-) LCWOBTY (1011-) LCWOBP LCWOBV (1011-) (1011-) LCWOBP3 LCWOBV3 (1011-) (1011-) LCWOBPY LCWOBVY (1011-) (1011-) LCWOS (812-) LCWOS3 (813-) LCWOSY (822-) Civilian workers 1 Excluding incentive paid occupations By occupational group: Management, professional and related Management, business and financial Professional and related Sales and office Sales and related Office & administrative support Natural resources, construction and maintenance 2 Construction and extraction Installation, maintenance and repair Production, transportation & material moving Production Transportation & material moving Service occupations Please see footnotes on the next page. © Haver Analytics Vol 1: E&E - 91 9/30/10 EMPLOYMENT COST INDEX (continued) Table 8. Employment Cost Index for Wages & Salaries Civilian Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD % Change Index Over (Dec 2005=100) 3 Months % Change Over 12 Months LCWIG LCWIM LCWIS LCWIEH (812-) (812-) (812-) (1011-) LCWIG3 LCWIM3 LCWIS3 LCWIEH3 (813-) (813-) (813-) (1011-) LCWIGY LCWIMY LCWISY LCWIEHY (822-) (822-) (822-) (1011-) LCWIED LCWIES (891-) (1011-) LCWIED3 LCWIES3 (892-) (1011-) LCWIEDY LCWIESY (901-) (1011-) LCWIEC (1011-) LCWIEC3 (1011-) LCWIECY (1011-) LCWIH (1011-) LCWIH3 (1011-) LCWIHY (1011-) LCWIHP LCWIHN (862-) (1011-) LCWIHP3 LCWIHN3 (863-) (1011-) LCWIHPY LCWIHNY (872-) (1011-) LCWIPA (812-) LCWIPA3 (813-) LCWIPAY (822-) By industry: Goods-producing 3 Manufacturing Service-providing 4 Education and health services Education services Elementary and secondary schools Junior colleges, colleges, universities & professional schools Health care and social assistance 5 Hospitals Nursing and residential care facilities Public administration 1 Includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except the federal government. 2 Includes farming, fishing, and forestry occupations, not shown separately. 3 Includes mining, construction, and manufacturing. 4 Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises; administrative and support and waste management and remediation services; education services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services, except public administration. 5 Includes ambulatory health care services and social assistance, not shown separately. © Haver Analytics Vol 1: E&E - 92 9/30/10 EMPLOYMENT COST INDEX (continued) Table 9. Employment Cost Index for Wages and Salaries Private Industry Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Variable Index in Current Dollars (Dec 2005=100) LCWP LCWPZ (753-) (1061-) LCWPOWM LCWPWMZ LCWPOWE LCWPWEZ LCWPOWP LCWPOWL LCWPWLZ LCWPOWS LCWPWSZ LCWPOWA LCWPOBR LCWPOBC LCWPOBM LCWPOBT LCWPBTZ LCWPOBP LCWPBPZ LCWPOBV LCWPOS (1011-) (1061-) (753-) (1061-) (753-) (1011-) (1061-) (771-) (1061-) (753-) (1011-) (1011-) (1011-) (1011-) (1061-) (1011-) (1061-) (1011-) (753-) By occupational group: Management, professional and related Excluding incentive paid occupations Management, business and financial Excluding incentive paid occupations Professional and related Sales and office Excluding incentive paid occupations Sales and related Excluding incentive paid occupations Office and administrative support Natural resources, construction & maintenance Construction and extraction Installation, maintenance and repair Production, transportation & material moving Excluding incentive paid occupations Production Excluding incentive paid occupations Transportation & material moving Service occupations LCWPIG LCWPIGZ LCWPGWM LCWPGWL LCWPGBR LCWPGBT LCWPIGC LCWPIM LCWPMWM LCWPMWL LCWPMBR LCWPMBT LCWPAC (753-) (1061-) (1011-) (1011-) (1011-) (1011-) (761-) (753-) (1011-) (1011-) (1011-) (1011-) (884-) By occupational group and by industry: Goods-producing 3 Excluding incentive paid occupations Management, professional and related Sales and office Natural resources, construction & maintenance Production, transportation & material moving Construction Manufacturing Management, professional and related Sales and office Natural resources, construction and maintenance Production, transportation & material moving Aircraft manufacturing © Haver Analytics Private industry workers Excluding incentive paid occupations Vol 1: E&E - 93 2 9/30/10 EMPLOYMENT COST INDEX (continued) Table 9. Employment Cost Index for Wages and Salaries Private Industry Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Variable Index in Current Dollars (Dec 2005=100) LCWPIS LCWPISZ LCWPSWM LCWPSWL LCWPSBR LCWPSBT LCWPISS LCWPITT LCWPTTZ LCWPIWT LCWPIWZ LCWPIRT LCWPIRZ LCWPITR LCWPIPU LCWPIIT LCWPIF LCWPIFZ LCWPIFI LCWPICI LCWPCIZ LCWPII LCWPIIZ LCWPIRE LCWPREZ LCWPIPB LCWPIPS LCWPIPD (753-) (1061-) (1011-) (1011-) (1011-) (1011-) (872-) (1011-) (1061-) (1011-) (1061-) (1011-) (1061-) (851-) (851-) (1011-) (784-) (1061-) (1011-) (1011-) (1061-) (1011-) (1061-) (1011-) (1061-) (1011-) (1011-) (1011-) LCWPIEH LCWPIED LCWPIEC (1011-) (884-) (884-) LCWPIH LCWPIHP LCWPIHN LCWPIHC LCWPILH LCWPILA LCWPISO (1011-) (862-) (1011-) (1061-) (1011-) (1011-) (1011-) © Haver Analytics By occupational group and by industry, continued: Service-providing industries 4 Excluding incentive paid occupations Management, professional and related Sales and office Natural resources, construction & maintenance Production, transportation & material moving Service occupations Trade, transportation and utilities Excluding incentive paid occupations Wholesale trade Excluding incentive paid occupations Retail trade Excluding incentive paid occupations Transportation and warehousing Utilities Information Financial activities Excluding incentive paid occupations Finance and insurance Credit intermediation and related activities Excluding incentive paid occupations Insurance carriers and related activities Excluding incentive paid occupations Real estate and rental and leasing Excluding incentive paid occupations Professional and business services Professional, scientific & technical services Administrative & support & waste management and remediation services Education and health services Education services Junior colleges, colleges, universities and professional schools Health care and social assistance 5 Hospitals Nursing and residential care facilities Nursing care facilities Leisure and hospitality Accommodation and food service Other services except public administration Vol 1: E&E - 94 9/30/10 EMPLOYMENT COST INDEX (continued) Table 9. Employment Cost Index for Wages and Salaries Private Industry Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Variable Percent change over 3 months in current dollars LCWP3 LCWPZ3 (754-) (1061-) LCWPOWM3 LCWPWMZ3 LCWPOWE3 LCWPWEZ3 LCWPOWP3 LCWPOWL3 LCWPWLZ3 LCWPOWS3 LCWPWSZ3 LCWPOWA3 LCWPOBR3 LCWPOBC3 LCWPOBM3 LCWPOBT3 LCWPBTZ3 LCWPOBP3 LCWPBPZ3 LCWPOBV3 LCWPOS3 (1011-) (1061-) (754-) (1061-) (754-) (1011-) (1061-) (772-) (1061-) (754-) (1011-) (1011-) (1011-) (1011-) (1061-) (1011-) (1061-) (1011-) (754-) By occupational group: Management, professional and related Excluding incentive paid occupations Management, business and financial Excluding incentive paid occupations Professional and related Sales and office Excluding incentive paid occupations Sales and related Excluding incentive paid occupations Office and administrative support Natural resources, construction & maintenance Construction and extraction Installation, maintenance and repair Production, transportation & material moving Excluding incentive paid occupations Production Excluding incentive paid occupations Transportation & material moving Service occupations LCWPIG3 LCWPIGZ3 LCWPGWM3 LCWPGWL3 LCWPGBR3 LCWPGBT3 LCWPIGC3 LCWPIM3 LCWPMWM3 LCWPMWL3 LCWPMBR3 LCWPMBT3 LCWPAC3 (754-) (1061-) (1011-) (1011-) (1011-) (1011-) (762-) (754-) (1011-) (1011-) (1011-) (1011-) (891-) By occupational group and by industry: Goods-producing 3 Excluding incentive paid occupations Management, professional and related Sales and office Natural resources, construction & maintenance Production, transportation & material moving Construction Manufacturing Management, professional and related Sales and office Natural resources, construction and maintenance Production, transportation & material moving Aircraft manufacturing © Haver Analytics Private industry workers Excluding incentive paid occupations Vol 1: E&E - 95 2 9/30/10 EMPLOYMENT COST INDEX (continued) Table 9. Employment Cost Index for Wages and Salaries Private Industry Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Variable Percent change over 3 months in current dollars LCWPIS3 LCWPISZ3 LCWPSWM3 LCWPSWL3 LCWPSBR3 LCWPSBT3 LCWPISS3 LCWPITT3 LCWPTTZ3 LCWPIWT3 LCWPIWZ3 LCWPIRT3 LCWPIRZ3 LCWPITR3 LCWPIPU3 LCWPIIT3 LCWPIF3 LCWPIFZ3 LCWPIFI3 LCWPICI3 LCWPCIZ3 LCWPII3 LCWPIIZ3 LCWPIRE3 LCWPREZ3 LCWPIPB3 LCWPIPS3 LCWPIPD3 (754-) (1061-) (1011-) (1011-) (1011-) (1011-) (873-) (1011-) (1061-) (1011-) (1061-) (1011-) (1061-) (852-) (852-) (1011-) (791-) (1061-) (1011-) (1011-) (1061-) (1011-) (1061-) (1011-) (1061-) (1011-) (1011-) (1011-) LCWPIEH3 LCWPIED3 LCWPIEC3 (1011-) (891-) (1011-) LCWPIH3 LCWPIHP3 LCWPIHN3 LCWPIHC3 LCWPILH3 LCWPILA3 LCWPISO3 (1011-) (863-) (1011-) (1061-) (1011-) (1011-) (1011-) © Haver Analytics By occupational group and by industry, continued: Service-providing industries 4 Excluding incentive paid occupations Management, professional and related Sales and office Natural resources, construction & maintenance Production, transportation & material moving Service occupations Trade, transportation and utilities Excluding incentive paid occupations Wholesale trade Excluding incentive paid occupations Retail trade Excluding incentive paid occupations Transportation and warehousing Utilities Information Financial activities Excluding incentive paid occupations Finance and insurance Credit intermediation and related activities Excluding incentive paid occupations Insurance carriers and related activities Excluding incentive paid occupations Real estate and rental and leasing Excluding incentive paid occupations Professional and business services Professional, scientific & technical services Administrative & support & waste management and remediation services Education and health services Education services Junior colleges, colleges, universities and professional schools Health care and social assistance 5 Hospitals Nursing and residential care facilities Nursing care facilities Leisure and hospitality Accommodation and food service Other services except public administration Vol 1: E&E - 96 9/30/10 EMPLOYMENT COST INDEX (continued) Table 9. Employment Cost Index for Wages and Salaries Private Industry Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Variable Percent change over 12 months in current dollars LCWPY LCWPZY (763-) (1064-) LCWPOWMY LCWPWMZY LCWPOWEY LCWPWEZY LCWPOWPY LCWPOWLY LCWPWLZY LCWPOWSY LCWPWSZY LCWPOWAY LCWPOBRY LCWPOBCY LCWPOBMY LCWPOBTY LCWPBTZY LCWPOBPY LCWPBPZY LCWPOBVY LCWPOSY (1011-) (1064-) (763-) (1064-) (763-) (1011-) (1064-) (781-) (1064-) (763-) (1011-) (1011-) (1011-) (1011-) (1064-) (1011-) (1064-) (1011-) (763-) By occupational group: Management, professional and related Excluding incentive paid occupations Management, business and financial Excluding incentive paid occupations Professional and related Sales and office Excluding incentive paid occupations Sales and related Excluding incentive paid occupations Office and administrative support Natural resources, construction & maintenance Construction and extraction Installation, maintenance and repair Production, transportation & material moving Excluding incentive paid occupations Production Excluding incentive paid occupations Transportation & material moving Service occupations LCWPIGY LCWPIGZY LCWPGWMY LCWPGWLY LCWPGBRY LCWPGBTY LCWPIGCY LCWPIMY LCWPMWMY LCWPMWLY LCWPMBRY LCWPMBTY LCWPACY (763-) (1064-) (1011-) (1011-) (1011-) (1011-) (771-) (763-) (1011-) (1011-) (1011-) (1011-) (894-) By occupational group and by industry: Goods-producing 3 Excluding incentive paid occupations Management, professional and related Sales and office Natural resources, construction & maintenance Production, transportation & material moving Construction Manufacturing Management, professional and related Sales and office Natural resources, construction and maintenance Production, transportation & material moving Aircraft manufacturing © Haver Analytics Private industry workers Excluding incentive paid occupations Vol 1: E&E - 97 2 9/30/10 EMPLOYMENT COST INDEX (continued) Table 9. Employment Cost Index for Wages and Salaries Private Industry Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD Variable Percent change over 12 months in current dollars LCWPISY LCWPISZY LCWPSWMY LCWPSWLY LCWPSBRY LCWPSBTY LCWPISSY LCWPITTY LCWPTTZY LCWPIWTY LCWPIWZY LCWPIRTY LCWPIRZY LCWPITRY LCWPIPUY LCWPIITY LCWPIFY LCWPIFZY LCWPIFIY LCWPICIY LCWPCIZY LCWPIIY LCWPIIZY LCWPIREY LCWPREZY LCWPIPBY LCWPIPSY LCWPIPDY (763-) (1064-) (1011-) (1011-) (1011-) (1011-) (882-) (1011-) (1064-) (1011-) (1064-) (1011-) (1064-) (861-) (861-) (1011-) (794-) (1064-) (1011-) (1011-) (1064-) (1011-) (1064-) (1011-) (1064-) (1011-) (1011-) (1011-) LCWPIEHY LCWPIEDY LCWPIECY (1011-) (894-) (1011-) LCWPIHY LCWPIHPY LCWPIHNY LCWPIHCY LCWPILHY LCWPILAY LCWPISOY (1011-) (872-) (1011-) (1064-) (1011-) (1011-) (1011-) © Haver Analytics By occupational group and by industry, continued: Service-providing industries 4 Excluding incentive paid occupations Management, professional and related Sales and office Natural resources, construction & maintenance Production, transportation & material moving Service occupations Trade, transportation and utilities Excluding incentive paid occupations Wholesale trade Excluding incentive paid occupations Retail trade Excluding incentive paid occupations Transportation and warehousing Utilities Information Financial activities Excluding incentive paid occupations Finance and insurance Credit intermediation and related activities Excluding incentive paid occupations Insurance carriers and related activities Excluding incentive paid occupations Real estate and rental and leasing Excluding incentive paid occupations Professional and business services Professional, scientific & technical services Administrative & support & waste management and remediation services Education and health services Education services Junior colleges, colleges, universities and professional schools Health care and social assistance Hospitals Nursing and residential care facilities Nursing care facilities Leisure and hospitality Accommodation and food service Other services except public administration Vol 1: E&E - 98 9/30/10 EMPLOYMENT COST INDEX (continued) Table 10. Employment Cost Index for Wages and Salaries Private Industry Workers By Bargaining Status, Census Region and Division and Metropolitan Area Status Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD % Change Index Over (dec 2005=100) 3 Months % Change Over 12 Months LCWPU LCWPUG (753-) (753-) LCWPU3 LCWPUG3 (754-) (754-) LCWPUY LCWPUGY (763-) (763-) LCWPUM LCWPUS (763-) (753-) LCWPUM3 LCWPUS3 (764-) (754-) LCWPUMY LCWPUSY (773-) (763-) LCWPN LCWPNG (753-) (753-) LCWPN3 LCWPNG3 (754-) (754-) LCWPNY LCWPNGY (763-) (763-) LCWPNM LCWPNS (763-) (753-) LCWPNM3 LCWPNS3 (764-) (754-) LCWPNMY LCWPNSY (773-) (763-) Bargaining Status Union workers Goods-producing industries 1 Manufacturing Service-providing industries 2 Nonunion workers Goods-producing industries 1 Manufacturing Service-providing industries 2 LCWPNE LCWPNEN LCWPNEA LCWPSO LCWPSOA LCWPSOE LCWPSOW LCWPNC LCWPNCE LCWPNCW LCWPWE LCWPWEM LCWPWEP (753-) (1061-) (1061-) (753-) (1061-) (1061-) (1061-) (753-) (1061-) (1061-) (753-) (1061-) (1061-) LCWPNE3 LCWPNEN3 LCWPNEA3 LCWPSO3 LCWPSOA3 LCWPSOE3 LCWPSOW3 LCWPNC3 LCWPNCE3 LCWPNCW3 LCWPWE3 LCWPWEM3 LCWPWEP3 (754-) (1061-) (1061-) (754-) (1061-) (1061-) (1061-) (754-) (1061-) (1061-) (754-) (1061-) (1061-) LCWPNEY LCWPNENY LCWPNEAY LCWPSOY LCWPSOAY LCWPSOEY LCWPSOWY LCWPNCY LCWPNCEY LCWPNCWY LCWPWEY LCWPWEMY LCWPWEPY (763-) (1064-) (1064-) (763-) (1064-) (1064-) (1064-) (763-) (1064-) (1064-) (763-) (1064-) (1064-) Census Region and Division Northeast New England Middle Atlantic South South Atlantic East South Central West South Central Midwest East North Central West North Central West Mountain Pacific LCWPCIT LCWPSUB (1061-) (1061-) LCWPCIT3 LCWPSUB3 (1061-) (1061-) LCWPCITY LCWPSUBY (1064-) (1064-) Metropolitan Area Status Metropolitan area Nonmetropolitan area Please see footnotes on the next page. © Haver Analytics Vol 1: E&E - 99 9/30/10 3 EMPLOYMENT COST INDEX (continued) Table 10. Employment Cost Index for Wages and Salaries Private Industry Workers By Bargaining Status, Census Region and Division and Metropolitan Area Status 1 Includes mining, construction, and manufacturing. 2 Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises; administrative and support and waste management and remediation services; education services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services, except public administration. 3 The states (including the District of Columbia) that comprise the census divisions are: New England: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont; Middle Atlantic: New Jersey, New York, and Pennsylvania; South Atlantic: Delaware, District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and West Virginia; East South Central: Alabama, Kentucky, Mississippi, and Tennessee; West South Central: Arkansas, Louisiana, Oklahoma, and Texas; East North Central: Illinois, Indiana, Michigan, Ohio, and Wisconsin; West North Central: Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota; Mountain: Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming; Pacific: Alaska, California, Hawaii, Oregon, and Washington. © Haver Analytics Vol 1: E&E - 100 9/30/10 EMPLOYMENT COST INDEX (continued) Table 11. Employment Cost Index for Wages and Salaries State and Local Government Workers by Occupational Group and by Industry Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD % Change Index Over (Dec 2005=100) 3 Months (794-) LCWG % Change Over 12 Months (801-) (812-) LCWG3 (804-) (813-) LCWGY (822-) LCWGOWM (1011-) LCWGOWM3 (1011-) LCWGOWMY (1011-) LCWGOWP (892-) LCWGOWP3 (893-) LCWGOWPY (902-) LCWGOWL LCWGOWA (1011-) (892-) LCWGOWL3 LCWGOWA3 (1011-) (893-) LCWGOWLY LCWGOWAY (1011-) (902-) LCWGOS (812-) LCWGOS3 (813-) LCWGOSY (822-) LCWGIEH (1011-) LCWGIEH3 (1011-) LCWGIEHY (1011-) LCWGIED LCWGISL LCWGIES (891-) (812-) (812-) LCWGIED3 LCWGISL3 LCWGIES3 (892-) (813-) (813-) LCWGIEDY LCWGISLY LCWGIESY (901-) (822-) (822-) LCWGIH LCWGIHP LCWGIPA (1011-) (881-) (812-) LCWGIH3 LCWGIHP3 LCWGIPA3 (1011-) (882-) (813-) LCWGIHY LCWGIHPY LCWGIPAY (1011-) (891-) (822-) All state and local government workers By occupational group: Management, professional and related Professional and related Sales and office Office and administrative support Service occupations By industry: Education and health services Education services Schools 1 Elementary and secondary schools Health care & social assistance 2 Hospitals Public administration 1 Includes elementary and secondary schools; junior colleges; colleges, universities, and professional schools. 2 Includes ambulatory health care services and social assistance, not shown separately. © Haver Analytics Vol 1: E&E - 101 9/30/10 EMPLOYMENT COST INDEX (continued) Table 12. Employment Cost Index for Benefits All Workers by Industry, Occupational Group and Bargaining Status Quarterly, Not Seasonally Adjusted For indexes and percent changes in constant June 1989 dollars, replace LC in the code with LD % Change Index Over (Dec 2005=100) 3 Months % Change Over 12 Months LCB (812-) LCB3 (813-) LCBY (822-) LCBP (794-) LCBP3 (801-) LCBPY (804-) LCBPOWM (1011-) LCBPOWM3 (1011-) LCBPOWMY (1011-) LCBPOWL LCBPOBR (1011-) (1011-) LCBPOWL3 LCBPOBR3 (1011-) (1011-) LCBPOWLY LCBPOBRY (1011-) (1011-) LCBPOBT (1011-) LCBPOBT3 (1011-) LCBPOBTY (1011-) LCBPOS (853-) LCBPOS3 (854-) LCBPOSY (863-) LCBPIG (794-) LCBPIG3 (801-) LCBPIGY (804-) LCBPIM LCBPAC (794-) (884-) LCBPIM3 LCBPAC3 (801-) (891-) LCBPIMY LCBPACY (804-) (894-) LCBPIS (794-) LCBPIS3 (801-) LCBPISY (804-) LCBPU LCBPN (794-) (794-) LCBPU3 LCBPN3 (801-) (801-) LCBPUY LCBPNY (804-) (804-) LCBG (892-) LCBG3 (893-) LCBGY (902-) Civilian workers 1 Private industry workers By occupational group: Management, professional and related Sales and office Natural resources, construction & maintenance 2 Production, transportation & material moving Service occupations By industry: Goods-producing industries 3 Manufacturing Aircraft manufacturing Service-providing industries 41 Bargaining status Union Nonunion State and local government workers Please see footnotes on page 63. © Haver Analytics Vol 1: E&E - 102 9/30/10 HEALTH BENEFIT COSTS: PRIVATE INDUSTRY Unpublished, Quarterly, Q1 1981-present Variable Cost of Health Benefits (12-Month % Change)1 LCBPHY Annual Monthly WSTOPS WSTOPW WSTOPI WSTOPP (48-) WSTOPSM WSTOPWM WSTOPIM WSTOPPM WORK STOPPAGES Involving 1,000 or more workers Not seasonally adjusted Monthly, 1987-present Annual, 1947-present Number of work stoppages (beginning in period) Thousands of workers involved (beginning in period) 1,000s of days idle due to all stoppages in effect Days idle as percent of estimated working time (Includes agricultural & government employees but excludes household, forestry & fishery employees) Source: U.S. Department of Labor. Bureau of Labor Statistics. "Compensation and Working Conditions." CONTRIBUTIONS TO SOCIAL SECURITY 1948-present Annual SSYERR SSYEER SSELFR SSMAX Source: (51-) Social Security Administration as published in: U.S. Department of Commerce. Statistical Abstract of the U.S. (assorted editions) MINIMUM HOURLY WAGE RATES Monthly Variable MINW (4601-) MINWF (6701-) Source: 1 2 3 4 Contributions (percent of wages) 2 Employer Employee Self-employed (subject to tax beginning 1951) Maximum wage subject to tax 3 (dollars) Minimum wage: Minimum wage: U.S. Department of Labor. 4 nonfarm workers farm workers Employment Standards Division. The 12-month percent change in the cost of health benefits is estimated but not published for several reasons. First, variances have not been calculated which means there is no basis for precision. Second, there are substantially fewer observations compared with total benefits. Third, non-response is substantial which may affect the quality of the estimate. Finally, in some cases, respondents are able to report only a single cost for a combination of benefits and the BLS allocates the cost. Includes health insurance Excludes health insurance April 1, 1990 - Grandfather clause - Employees who do not meet the tests for individual coverage, and whose employers were covered by the FLSA on March 31, 1990, and fail to meet the increased annual dollar volume (ADV) test for enterprise coverage, must continue to receive at least $3.35 an hour. Oct 1, 1996 - A subminimum wage -- $4.25 an hour -- is established for employees under 20 years of age during their first 90 consecutive calendar days of employment with an employer. © Haver Analytics Vol 1: E&E - 103 9/30/10 INSURED UNEMPLOYMENT Monthly State Programs Variable LICL LWCL LUFP LULP LUWC LUWP LUBP LUWB (7101-) (10101-) (7101-) (7101-) (7101-) (7101-) (7101-) (7101-) Monthly, NSA Initial claims (number) Continued claims (insured unemployment, thous)1 First payments (number) 2 Final payments (exhaustions) (number) 3 Weeks claimed (number) Weeks compensated (number) Benefits paid in all State Programs (Thous.$) 4 Average weekly benefits ($ per week) LUEX LUD LUWBY (7206-) (7206-) (7206-) 12-Month Average Exhaustion rate 5 Average duration (number of weeks) Average weekly benefits ($ per week) LUBPT LUFPT LULPT (7206-) (7206-) (7206-) 12-Month Total Benefits paid in all State Programs (Thous.$) First payments (number) 2 Final payments (number) 3 LWCL LWCPA0 LWCPB0 LWCPC0 LWCPD0 LWCPEG LWCPH0 LWCPIJ LWCPKL LWCPM0 LWCPN0 LWCPO1 LWCPP0 LWCPQ0 LWCPR0 LWCPS0 LWCPT0 LWCPU0 LWCPV0 LWCPW0 LWCPX0 LWCPNA 4 Continued claims (insured unemployment, thous)1 % distribution by industry (share of continued claims): Agriculture, forestry, fishing & hunting Mining Utilities Construction Manufacturing Wholesale trade Retail trade Transportation & warehouse Information Finance & insurance Real estate, rental & leasing Professional, scientific & technical services Management of companies & enterprises Administration & support, waste management and remediation services Educational services Health care & social assistance Arts, entertainment & recreation Accommodation & food services Other services (except public administration) Public administration Information not available Source: U.S. Department of Labor. Employment & Training Administration. 1 2 3 4 5 Insured unemployment is the number of people receiving unemployment benefits. First Payments only count the initial payments of the first period of unemployment for a worker in a 52 week period. An Initial Claims application is filed for all periods of unemployment. Final payments or exhaustions refer to benefits running out after 26 weeks of benefits in any 52 week period. Total paid out to all beneficiaries in all state programs in a given period. The exhaustion rate is the percent of claimants who collect all of their unemployment insurance benefits. The rate is computed by dividing the 12-month average exhaustions (final payments) by the 12-month average of first payments six months prior. For example, the exhaustion rate for September 2002 is computed by dividing the average monthly final payments for the 12 months ending September 2002 by the average monthly first payments for the 12 months ending March 2002. The 6-month lag is used because claimants are entitled to up to 26 weeks of benefits. Using 12-month periods eliminates the influence of seasonal factors. © Haver Analytics Vol 1: E&E - 104 9/30/10 INSURED UNEMPLOYMENT Monthly averages of prorated weekly data Thousands of persons Variable LICM LICN LIUM LIUN LIUCOV LIURM Regular state programs (thousands) Initial claims per week (SA) 1 Initial claims per week (NSA) Insured unemployment (SA) 2 Insured unemployment (NSA) 2 Covered employment (NSA) 3 Insured unemployment rate (SA, % of covered employment) LICFE LICVD Initial claims filed in federal programs (Number, NSA) Federal employees Newly discharged veterans Persons claiming UI benefits in all programs (NSA) Regular programs (State and Federal Programs) Regular state Federal employees (UCFE) Newly discharged veterans (UCX) Railroad retirement board (DISCONTINUED) Extended and emergency programs Extended benefits State additional benefits 4 EUC 2008 5 EUC 2008 Tier 1 EUC 2008 Tier 2 EUC 2008 Tier 3 EUC 2008 Tier 4 Other programs STC/Worksharing Disaster unemployment assistance (DUA) Trade readjustment allowance (TRA) Total persons claiming UI benefits in all programs 6 All programs continuing claims (State and Federal Programs) LIUST LIUFE LIUVD LIURR LIUEB LIUSTA LIUEC LIUEC1 LIUEC2 LIUEC3 LIUEC4 LIUSTC LIUDUA LIUTRA LIUTP LIUAP Source: 7 U.S. Department of Labor. Employment and Training Administration. Unemployment Insurance Services Division. Please see footnotes on the next page. © Haver Analytics Vol 1: E&E - 105 9/30/10 INSURED UNEMPLOYMENT Monthly averages of prorated weekly data 1 From 1967 forward these monthly data are monthly averages of prorated seasonally adjusted weeks. Earlier data are from the Oct 1995 "Survey of Current Business." Between 1963-66 the Puerto Rican sugar cane workers are excluded: they were not covered until 1963. This discontinuity seems insignificant. 2 Insured unemployment is the number of people receiving unemployment benefits. 3 Covered employment is the number of employees covered by state insurance programs. 4 Some states maintain additional benefit programs for those claimants who exhaust regular, extended and emergency benefits. 5 Data for series LIUEC starting in July 26, 2008 are for the Emergency Unemployment Compensation (EUC) 2008 which provided for additional weeks of federal unemployment insurance equal to one half of the individual's original maximum benefit amount, up to 13 weeks maximum. The individual could receive the same weekly benefit amount allowed on their most recent claim. Data for series LIUEC from March 16, 2002 through December 25, 2004 are for the Temporary Extended Unemployment Compensation or TEUC program. The right to file a TEUC claim to establish eligibility expired during the last full week of December 2003. The TEUC program was a special legislation that provided workers who had exhausted their state unemployment insurance benefits an additional 13 weeks of federal unemployment insurance. It also allowed workers to receive a total of 26 weeks of federal benefits in states with unusually high unemployment. 6 LIUTP LIUST LIUFE LIUVD LIUEB LIUEC LIUSTA LIUSTC Total persons claiming UI benefits in all programs Regular state (State Program) + Federal employees (Federal Program) + Newly discharged veterans (Federal Program) + Extended benefits + EUC 2008 + State additional benefits + STC/Worksharing 7 LIUAP LIUST LIUFE LIUVD LIUEB LIUEC LIUSTA LIUSTC LIUDUA LIUTRA All programs continuing claims (State and Federal Programs) Regular state (State Program) + Federal employees (Federal Program) + Newly discharged veterans (Federal Program) + Extended benefits + EUC 2008 + State additional benefits + STC/Worksharing + Disaster unemployment assistance (DUA) + Trade readjustment allowance (TRA) © Haver Analytics Vol 1: E&E - 106 9/30/10 Variable LABOR UNION MEMBERSHIP UNMEM UNLWS UNXLWS 1983-present Members of unions (thous) 1 Total employed (wage and salary workers, thous) 2 Members of unions as a percent of total employed (%) UN2MEM UNLFN UN2LAN UN2XLAN UN2XLFN 1968-1980 Members of unions Total labor force Nonagricultural Nonagricultural Members of unions (thous) 1 (thous) employment (thous) 3 payroll employment (thous) as a percent of the labor force UN1MEM UNLFN UN1LAN UN1XLAN UN1XLFN 1930-1980 Members of unions Total labor force Nonagricultural Nonagricultural Members of unions (thous) 1 (thous) employment (thous) 3 payroll employment (thous) as a percent of the labor force Source of data for 1930-1980: Assorted labor union reports, compiled by the Department of Labor. Source of data for 1983-present: Department of Labor. Bureau of Labor Statistics. Employment and Earnings. (January) Table 58. 1 The 1968-1980 and 1983-present series also includes members of employee associations which are similar to labor unions. The 1930-80 series are based solely on union membership. All union membership series are unbenchmarked. 2 Unrevised household survey series, excluding the self-employed. 3 Unbenchmarked payroll survey. © Haver Analytics Vol 1: E&E - 107 9/30/10 MASS LAYOFFS Layoff Events (Units) LOFEMA LOFEM LOFEZM LOFEA0M LOFEZAMA LOFEZAM LOFEB0M LOFEC0M LOFED0M LOFEEGMA LOFEEGM LOFEE1M LOFEE2M LOFEE3M LOFEE4M LOFEE5M LOFEE6M LOFEF1M LOFEF2M LOFEF3M LOFEF4M LOFEF5M LOFEF6M LOFEF7M LOFEG1M LOFEG2M LOFEG3M LOFEG4M LOFEG5M LOFEG6M LOFEG7M LOFEG9M LOFEH0M LOFEIJM LOFEKLM LOFEM0M LOFEN0M LOFEO0M LOFEP0M LOFEQ0M LOFER0M LOFES0M LOFET0M LOFEU0M LOFEV0M LOFEW0M LOFEY0M LOFEX0M LOFEXFM LOFEXSM LOFEXLM © Haver Analytics Mass Layoffs by Industry (NAICS) 1 U.S. Total, Monthly, April 1995-present Total Initial Claimants (Persons) LOFIMA LOFIM LOFIZM LOFIA0M LOFIZAMA LOFIZAM LOFIB0M LOFIC0M LOFID0M LOFIEGMA LOFIEGM LOFIE1M LOFIE2M LOFIE3M LOFIE4M LOFIE5M LOFIE6M LOFIF1M LOFIF2M LOFIF3M LOFIF4M LOFIF5M LOFIF6M LOFIF7M LOFIG1M LOFIG2M LOFIG3M LOFIG4M LOFIG5M LOFIG6M LOFIG7M LOFIG9M LOFIH0M LOFIIJM LOFIKLM LOFIM0M LOFIN0M LOFIO0M LOFIP0M LOFIQ0M LOFIR0M LOFIS0M LOFIT0M LOFIU0M LOFIV0M LOFIW0M LOFIY0M LOFIX0M LOFIXFM LOFIXSM LOFIXLM (9506-) Total all industries (SA) Total all industries (NSA) Total private industries Agriculture, forestry, fishing & hunting Total private nonfarm (SA) Total private nonfarm (NSA) Mining Utilities Construction Manufacturing (SA) Manufacturing (NSA) Food Beverage and tobacco products Textile mills Textile product mills Apparel Leather and allied products Wood products Paper Printing & related support activities Petroleum and coal products Chemicals Plastics and rubber products Nonmetallic mineral products Primary metals Fabricated metal products Machinery Computer and electronic products Electrical equipment and appliances Transportation equipment Furniture and related products Miscellaneous manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional and technical services Management of companies and enterprises Administrative and waste services Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation and food services Other services, ex public admin. Unclassified Government Federal State Local Vol 1: E&E - 108 9/30/10 Mass Layoffs by Industry, continued Extended Mass Layoffs by Industry (NAICS) U.S. Total, Quarterly, Q2 1995-present No. of Layoff Events No. of Workers Separated from their Jobs No. of Initial Claimants for Unemp Insurance LOFE LOFEZ LOFEA0 LOFS LOFSZ LOFSA0 LOFI LOFIZ LOFIA0 LOFEZA LOFEB0 LOFEC0 LOFED0 LOFEEG LOFEE1 LOFEE2 LOFEE3 LOFEE4 LOFEE5 LOFEE6 LOFEF1 LOFEF2 LOFEF3 LOFSZA LOFSB0 LOFSC0 LOFSD0 LOFSEG LOFSE1 LOFSE2 LOFSE3 LOFSE4 LOFSE5 LOFSE6 LOFSF1 LOFSF2 LOFSF3 LOFIZA LOFIB0 LOFIC0 LOFID0 LOFIEG LOFIE1 LOFIE2 LOFIE3 LOFIE4 LOFIE5 LOFIE6 LOFIF1 LOFIF2 LOFIF3 LOFEF4 LOFEF5 LOFEF6 LOFEF7 LOFEG1 LOFEG2 LOFEG3 LOFEG4 LOFSF4 LOFSF5 LOFSF6 LOFSF7 LOFSG1 LOFSG2 LOFSG3 LOFSG4 LOFIF4 LOFIF5 LOFIF6 LOFIF7 LOFIG1 LOFIG2 LOFIG3 LOFIG4 LOFEG5 LOFSG5 LOFIG5 LOFEG6 LOFEG7 LOFSG6 LOFSG7 LOFIG6 LOFIG7 LOFEG9 LOFSG9 LOFIG9 © Haver Analytics 1 Total all industries DISCONT’D Total private industries DISC’D Agriculture, forestry, fishing and hunting DISCONTINUED Total private nonfarm Mining Utilities Construction Manufacturing Food Beverage and tobacco products Textile mills Textile product mills Apparel Leather and allied products Wood products Paper Printing and related support activities Petroleum and coal products Chemicals Plastics and rubber products Nonmetallic mineral products Primary metals Fabricated metal products Machinery Computer and electronic products Electrical equipment and appliances Transportation equipment Furniture and related products Miscellaneous manufacturing Vol 1: E&E - 109 9/30/10 Mass Layoffs by Industry, continued Extended Mass Layoffs by Industry (NAICS) U.S. Total, Quarterly, Q2 1995-present No. of Layoff Events No. of Workers Separated from their Jobs No. of Initial Claimants for Unemp Insurance LOFEH0 LOFEIJ LOFEKL LOFSH0 LOFSIJ LOFSKL LOFIH0 LOFIIJ LOFIKL LOFEM0 LOFEN0 LOFEO0 LOFSM0 LOFSN0 LOFSO0 LOFIM0 LOFIN0 LOFIO0 LOFEP0 LOFSP0 LOFIP0 LOFEQ0 LOFSQ0 LOFIQ0 LOFER0 LOFSR0 LOFIR0 LOFES0 LOFET0 LOFSS0 LOFST0 LOFIS0 LOFIT0 LOFEU0 LOFSU0 LOFIU0 LOFEV0 LOFSV0 LOFIV0 LOFEW0 LOFSW0 LOFIW0 LOFEY0 LOFSY0 LOFIY0 LOFEX0 LOFEXF LOFEXS LOFEXL LOFSX0 LOFSXF LOFSXS LOFSXL LOFIX0 LOFIXF LOFIXS LOFIXL 1 1 Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional and technical services Management of companies and enterprises Administrative and waste services Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation and food services Other services, except public administration Unclassified (1011-) Government Federal State Local A mass layoff involves at least 50 initial claimants from a single establishment filing during a consecutive 5-week period. Monthly mass layoffs include short-term layoffs of 30 days or fewer. Quarterly mass layoffs cover mass layoffs lasting more than 30 days. Because of this coverage difference, the sum of 3 months in a quarter will be higher than the quarterly figure for mass layoffs. Source: Department of Labor. Bureau of Labor Statistics. "BLS Reports on Mass Layoffs". Underlying state and area detail available in the REGIONAL database. © Haver Analytics Vol 1: E&E - 110 9/30/10 Mass Layoffs by Industry, continued Extended Mass Layoffs by Movement of Work Quarterly, Q1 2004-present No. of Layoff Events 1 No. of Workers Separated from their Jobs LOFEZA LOFSZA Total, private nonfarm sector LOFEJA LOFSJA LOFMEZA LOFMSZA LOFMEO LOFMEOW LOFMEOC LOFMSO LOFMSOW LOFMSOC Overseas relocations Within company Different company LOFMED LOFMEDW LOFMEDC LOFMSD LOFMSDW LOFMSDC Domestic relocations Within company Different company LOFMEW LOFMEWD LOFMEWO LOFMSW LOFMSWD LOFMSWO Within company Domestic Out of country LOFMEC LOFMECD LOFMECO LOFMSC LOFMSCD LOFMSCO Different company Domestic Out of country Total ex seasonal & vacation events Total with movement of work 2 3 Source: Department of Labor. Bureau of Labor Statistics. "BLS Reports on Mass Layoffs". 1 Movement of work means that the company experiencing the layoff has reassigned work activities that were performed at a worksite by the company's employees (1) to another worksite within the company; (2) to another company under formal arrangements at the same worksite; or (3) to another company under formal arrangements at another worksite. The type of work activities subject to movement can include accounting, customer service, cleaning, warehousing, etc. "Overseas relocation" is the movement of work from within the U.S. to locations outside of the U.S. "Overseas relocation" can occur within the same company and involve movement of work to a different location of that company outside of the U.S., or to a different company altogether. "Domestic relocation" is the movement of work to other locations inside the U.S., either within the same company or to a different company. 2 The questions on movement of work were not asked of employers when the reason for layoff was either seasonal work or vacation period. 3 Detail does not add to group total due to incomplete information. © Haver Analytics Vol 1: E&E - 111 9/30/10 Mass Layoffs by Industry, continued Layoff Events LOFMEZA LOFMEB0 LOFMED0 LOFMEEG LOFMEE1 LOFMEE3 LOFMEE5 LOFMEF2 LOFMEF3 LOFMEF4 LOFMEF5 LOFMEF6 LOFMEF7 LOFMEG1 LOFMEG2 LOFMEG3 LOFMEG4 LOFMEG5 LOFMEG6 LOFMEG7 LOFMEG9 LOFMEH0 LOFMEIJ LOFMEKL LOFMEM0 LOFMEN0 LOFMEO0 LOFMER0 LOFMES0 LOFMEU0 LOFMEV0 LOFMEY0 Extended Mass Layoffs Associated with Movement of Work by Industry (NAICS) Quarterly Separations LOFMSZA LOFMSB0 LOFMSD0 LOFMSEG LOFMSE1 LOFMSE3 LOFMSE5 LOFMSF2 LOFMSF3 LOFMSF4 LOFMSF5 LOFMSF6 LOFMSF7 LOFMSG1 LOFMSG2 LOFMSG3 LOFMSG4 LOFMSG5 LOFMSG6 LOFMSG7 LOFMSG9 LOFMSH0 LOFMSIJ LOFMSKL LOFMSM0 LOFMSN0 LOFMSO0 LOFMSR0 LOFMSS0 LOFMSU0 LOFMSV0 LOFMSY0 1 Total Private Nonfarm Mining Construction Manufacturing Food Textile Mills Apparel Paper Printing & Related Support Activities Petroleum and Coal Products Chemicals Plastics and Rubber Products Nonmetallic Mineral Products Primary Metals Fabricated Metal Products Machinery Computer and Electronic Products Electrical Equipment and Appliances Transportation Equipment Furniture and Related Products Miscellaneous Manufacturing Wholesale Trade Retail Trade Transportation and Warehousing Information Finance and Insurance Real Estate and Rental and Leasing Administrative and Waste Services Educational Services Arts, Entertainment, and Recreation Accommodation and Food Services Unclassified Source: Department of Labor. Bureau of Labor Statistics. BLS Reports on Mass Layoffs. 1 Movement of work means that the company experiencing the layoff has reassigned work activities that were performed at a worksite by the company's employees (1) to another worksite within the company; (2) to another company under formal arrangements at the same worksite; or (3) to another company under formal arrangements at another worksite. The type of work activities subject to movement can include accounting, customer service, cleaning, warehousing, etc. "Overseas relocation" is the movement of work from within the U.S. to locations outside of the U.S. "Overseas relocation" can occur within the same company and involve movement of work to a different location of that company outside of the U.S., or to a different company altogether. "Domestic relocation" is the movement of work to other locations inside the U.S., either within the same company or to a different company. © Haver Analytics Vol 1: E&E - 112 9/30/10 Mass Layoffs by Industry, continued Extended Mass Layoffs by Demographic 1 U.S. Total, Quarterly, Q2 1995-present Variable LOFI5 LOFIW LOFIB LOFIH © Haver Analytics % of initial claimants aged 55 and over % of initial claimants that are women Percent of initial claimants that are black Percent of initial claimants that are hispanic Vol 1: E&E - 113 9/30/10 Mass Layoffs by Industry, continued Extended Mass Layoffs by Reason U.S. Total, Quarterly No. of Layoff Events LOFER No. of Workers Separated from their Jobs (952-) LOFSR 1 No. of Initial Claimants for Unemployment Insurance (952-) LOFIR (952-) LOFERD LOFERQ LOFERC LOFERJ LOFERO (952-) (952-) (952-) (1071-) (1071-) LOFSRD LOFSRQ LOFSRC LOFSRJ LOFSRO (952-) (952-) (952-) (1071-) (1071-) LOFIRD LOFIRQ LOFIRC LOFIRJ LOFIRO (952-) (952-) (952-) (1071-) (1071-) LOFERI LOFERK (952-) (952-) LOFSRI LOFSRK (952-) (952-) LOFIRI LOFIRK (952-) (952-) LOFERY LOFERG LOFERR (952-) (952-) (952-) LOFSRY LOFSRG LOFSRR (952-) (952-) (952-) LOFIRY LOFIRG LOFIRR (952-) (952-) (952-) LOFERAA (952-) LOFSRAA (952-) LOFIRAA (952-) LOFERB (952-) LOFSRB (952-) LOFIRB (952-) LOFERAB (1071-) LOFSRAB (1071-) LOFIRAB (1071-) LOFERF (952-) LOFSRF (952-) LOFIRF (952-) LOFERAC LOFERA (952-) (952-) LOFSRAC LOFSRA (952-) (952-) LOFIRAC LOFIRA (952-) (952-) (952-) LOFSRE (952-) LOFIRE (952-) LOFERE LOFERAD (1071-) LOFSRAD (1071-) LOFIRAD (1071-) LOFERL (952-) LOFSRL (952-) LOFIRL (952-) LOFERM (952-) LOFSRM (952-) LOFIRM (952-) LOFERX LOFERP (952-) (952-) LOFSRX LOFSRP (952-) (952-) LOFIRX LOFIRP (952-) (952-) LOFERT (952-) LOFSRT (952-) LOFIRT (952-) Total, private nonfarm Business demand Contract cancellation Contract completion Domestic competition Excess inventory/saturated market Import competition Slack work/insufficient demand/non-seasonal business slowdown Organizational changes Business-ownership change Reorganization or restructuring of company Financial issues Bankruptcy Cost control/cost cutting/increase profitability Financial difficulty Production specific Automation/technological advances Energy related Governmental regulations/intervention Labor dispute/contract negotiations/strike Material or supply shortage Model changeover Plant or machine repair/maintenance Product line discontinued Please see footnote on the next page. © Haver Analytics Vol 1: E&E - 114 9/30/10 Mass Layoffs by Industry, continued Extended Mass Layoffs by Reason 1 U.S. Total, Quarterly No. of Layoff Events LOFERAJ LOFERH LOFERN No. of Workers Separated from their Jobs (952-) (953-) (952-) LOFSRAJ LOFSRH LOFSRN No. of Initial Claimants for Unemployment Insurance (952-) (953-) (952-) LOFIRAJ LOFIRH LOFIRN (952-) (953-) (952-) LOFERAE (1013-) LOFSRAE (1013-) LOFIRAE (1013-) LOFERW (952-) LOFSRW (952-) LOFIRW (952-) Disaster/safety Hazardous work environment Natural disaster (not weather related) Nonnatural disaster Extreme weather-related event LOFERAF LOFERS LOFERV (952-) (952-) (952-) LOFSRAF LOFSRS LOFSRV (952-) (952-) (952-) LOFIRAF LOFIRS LOFIRV (952-) (952-) (952-) Seasonal Seasonal Vacation period-school related or otherwise LOFERAG LOFERZ LOFERAH LOFERAI (952-) (952-) (952-) (952-) LOFSRAG LOFSRZ LOFSRAH LOFSRAI (952-) (952-) (952-) (952-) LOFIRAG LOFIRZ LOFIRAH LOFIRAI (952-) (952-) (952-) (952-) Other/miscellaneous Other Data not provided: Refusal Data not provided: Does not know Source: Department of Labor. Bureau of Labor Statistics. "BLS Reports on Mass Layoffs". Underlying state and area detail available in the REGIONAL database. 1 Beginning with data for the first quarter 2007, the collection and presentation of data on economic reasons for extended mass layoffs were improved. Clearer definitions and titles for many current reasons were introduced and four new reasons were added. Therefore, these data are not strictly comparable to previous quarters. For additional information on the changes to MLS reasons, including detailed definitions of each reason and a crosswalk of the old to the new reasons, please see http://www.bls.gov/mls/home.htm. A mass layoff involves at least 50 initial claimants from a single establishment filing during a consecutive 5-week period. Monthly mass layoffs include short-term layoffs of 30 days or fewer. Quarterly mass layoffs cover mass layoffs lasting more than 30 days. Because of this coverage difference, the sum of 3 months in a quarter will be higher than the quarterly figure for mass layoffs. © Haver Analytics Vol 1: E&E - 115 9/30/10 JOB OPENINGS AND LABOR TURNOVER SURVEY (JOLTS) Job Openings, Hires and Total Separations (Table A) Seasonally Adjusted December 2000 - present Job Openings Hires Total Separations LJJTLA LJJTPLA LJJCNLA LJJMNLA LJJTRLA LJHTLA LJHTPLA LJHCNLA LJHMNLA LJHTRLA LJSTLA LJSTPLA LJSCNLA LJSMNLA LJSTRLA LJJRTLA LJJPBLA LJHRTLA LJHPBLA LJSRTLA LJSPBLA LJJEHLA LJJLHLA LJJRCLA LJHEHLA LJHLHLA LJHRCLA LJSEHLA LJSLHLA LJSRCLA LJJAFLA LJJGLA LJJGSLA LJHAFLA LJHGLA LJHGSLA LJSAFLA LJSGLA LJSGSLA LJJTPA LJJTPPA LJJCNPA LJJMNPA LJJTRPA LJHTPA LJHTPPA LJHCNPA LJHMNPA LJHTRPA LJSTPA LJSTPPA LJSCNPA LJSMNPA LJSTRPA LJJRTPA LJJPBPA LJHRTPA LJHPBPA LJSRTPA LJSPBPA LJJEHPA LJJLHPA LJJRCPA LJHEHPA LJHLHPA LJHRCPA LJSEHPA LJSLHPA LJSRCPA LJJAFPA LJJGPA LJJGSPA LJHAFPA LJHGPA LJHGSPA LJSAFPA LJSGPA LJSGSPA Levels (thousands) Total 2 Total private 2 Construction Manufacturing Trade, transportation and utilities [3] Retail trade Professional and business services Education and health services Leisure and hospitality Arts, entertainment and recreation Accommodation and food services Government 3 State and local Rates (Percent) Total 2 Total private 2 Construction Manufacturing Trade, transportation and utilities [3] Retail trade Professional and business services Education and health services Leisure and hospitality Arts, entertainment and recreation Accommodation and food services Government 3 State and local Source: Bureau of Labor Statistics. ____________________ 1 The job openings rate is the job openings level as a percent of total employment plus job openings level. Job openings level is the number of job openings on the last business day of the month. Total employment is total nonfarm payroll employment from the Establishment Survey (LANAGRA@USECON). 2 Includes mining & logging, information, financial activities and other services, not shown separately in the table. 3 Included wholesale trade & transportation, warehousing and utilities, not shown separately in the table. 4 Includes federal government, not shown separately in the table. JOLTS, continued © Haver Analytics Vol 1: E&E - 116 9/30/10 Rates (%) LJLTPA LJLTPPA LJLGPA Levels (Thous) LJLTLA LJLTPLA LJLGLA Layoffs and Discharges (Table B) Seasonally Adjusted Total Total private Government Job Openings Rates and Levels (Table 1) Seasonally Adjusted Monthly, December 2000-present Rates (%) Levels (Thous) 1 LJJTPA LJJTLA Total LJJTPPA LJJCNPA LJJMNPA LJJTRPA LJJRTPA LJJPBPA LJJEHPA LJJLHPA LJJRCPA LJJAFPA LJJGPA LJJGSPA LJJTPLA LJJCNLA LJJMNLA LJJTRLA LJJRTLA LJJPBLA LJJEHLA LJJLHLA LJJRCLA LJJAFLA LJJGLA LJJGSLA INDUSTRY (NAICS) Total private Construction Manufacturing Trade, transportation and utilities Retail trade Professional and business services Education and health services Leisure and hospitality Arts, entertainment and recreation Accommodation and food services Government State and local LJJNEPA LJJSPA LJJMWPA LJJWPA LJJNELA LJJSLA LJJMWLA LJJWLA CENSUS REGION Northeast South Midwest West 2 Source: Bureau of Labor Statistics. 1 The job openings rate is the number of job openings on the last business day of the month as a percent of total employment plus job openings. Job openings are the number of job openings on the last business day of the month. 2 NORTHEAST: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. SOUTH: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. MIDWEST: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. WEST: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. © Haver Analytics Vol 1: E&E - 117 9/30/10 JOLTS, continued Job Hires Rates and Levels (Table 2) Seasonally Adjusted Monthly, December 2000-present Rates (%) Levels (Thous) 1 LJHTPA LJHTLA Total LJHTPPA LJHCNPA LJHMNPA LJHTRPA LJHRTPA LJHPBPA LJHEHPA LJHLHPA LJHRCPA LJHAFPA LJHGPA LJHGSPA LJHTPLA LJHCNLA LJHMNLA LJHTRLA LJHRTLA LJHPBLA LJHEHLA LJHLHLA LJHRCLA LJHAFLA LJHGLA LJHGSLA INDUSTRY (NAICS) Total private Construction Manufacturing Trade, transportation and utilities Retail trade Professional and business services Education and health services Leisure and hospitality Arts, entertainment and recreation Accommodation and food services Government State and local LJHNELA LJHSLA LJHMWLA LJHWLA CENSUS REGION Northeast South Midwest West LJHNEPA LJHSPA LJHMWPA LJHWPA 2 Source: Bureau of Labor Statistics. 1 The hires rate is the number of hires during the entire month as a percent of total employment. Hires are the number of hires during the entire month. 2 NORTHEAST: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. SOUTH: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. MIDWEST: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. WEST: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. JOLTS, continued Separations Rates and Levels (Table 3) Seasonally Adjusted Monthly, December 2000-present Rates (%) LJSTPA © Haver Analytics Levels (Thous) LJSTLA Total 1 Vol 1: E&E - 118 9/30/10 LJSTPPA LJSCNPA LJSMNPA LJSTRPA LJSRTPA LJSPBPA LJSEHPA LJSLHPA LJSRCPA LJSAFPA LJSGPA LJSGSPA LJSNEPA LJSSPA LJSMWPA LJSWPA LJSTPLA LJSCNLA LJSMNLA LJSTRLA LJSRTLA LJSPBLA LJSEHLA LJSLHLA LJSRCLA LJSAFLA LJSGLA LJSGSLA INDUSTRY (NAICS) Total private Construction Manufacturing Trade, transportation and utilities Retail trade Professional and business services Education and health services Leisure and hospitality Arts, entertainment and recreation Accommodation and food services Government State and local LJSNELA LJSSLA LJSMWLA LJSWLA CENSUS REGION Northeast South Midwest West 2 Source: Bureau of Labor Statistics. 1 The separations rate is the number of total separations during the entire month as a percent of total employment. Total separations are the number of total separations during the entire month. 2 NORTHEAST: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. SOUTH: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. MIDWEST: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. WEST: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. © Haver Analytics Vol 1: E&E - 119 9/30/10 JOLTS, continued Quits Rates and Levels (Table 4) Seasonally Adjusted Monthly, December 2000-present Rates (%) Levels (Thous) 1 LJQTPA LJQTLA Total LJQTPPA LJQCNPA LJQMNPA LJQTRPA LJQRTPA LJQPBPA LJQEHPA LJQLHPA LJQRCPA LJQAFPA LJQGPA LJQGSPA LJQTPLA LJQCNLA LJQMNLA LJQTRLA LJQRTLA LJQPBLA LJQEHLA LJQLHLA LJQRCLA LJQAFLA LJQGLA LJQGSLA INDUSTRY (NAICS) Total private Construction Manufacturing Trade, transportation and utilities Retail trade Professional and business services Education and health services Leisure and hospitality Arts, entertainment and recreation Accommodation and food services Government State and local LJQNEPA LJQSPA LJQMWPA LJQWPA LJQNELA LJQSLA LJQMWLA LJQWLA CENSUS REGION Northeast South Midwest West 2 Source: Bureau of Labor Statistics. 1 The quits rate is the number of quits during the entire month as a percent of total employment. Quits are the number of quits during the entire month. 2 NORTHEAST: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. SOUTH: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. MIDWEST: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. WEST: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. © Haver Analytics Vol 1: E&E - 120 9/30/10 JOLTS, continued Rates (%) LJJTP LJJTPP LJJMIP LJJCNP LJJMNP LJJMNDP LJJMNNP LJJTRP LJJWTP LJJRTP LJJTWP LJJINP LJJFIP LJJIFP LJJREP LJJPBP LJJEHP LJJEDP LJJHCP LJJLHP LJJRCP LJJAFP LJJOSP LJJGP LJJGFP LJJGSP LJJNEP LJJSP LJJMWP LJJWP Job Openings Rates and Levels (Table 5) 1 Not Seasonally Adjusted Monthly, December 2000-present Levels (Thous) LJJTL Total INDUSTRY (NAICS) LJJTPL Total private LJJMIL Mining LJJCNL Construction LJJMNL Manufacturing LJJMNDL Durable goods LJJMNNL Nondurable goods LJJTRL Trade, transportation and utilities LJJWTL Wholesale trade LJJRTL Retail trade LJJTWL Transportation, warehousing and utilities LJJINL Information LJJFIL Financial activities LJJIFL Finance and insurance LJJREL Real estate and rental and leasing LJJPBL Professional and business services LJJEHL Education and health services LJJEDL Educational services LJJHCL Health care and social assistance LJJLHL Leisure and hospitality LJJRCL Arts, entertainment and recreation LJJAFL Accommodation and food services LJJOSL Other services LJJGL Government LJJGFL Federal LJJGSL State and local CENSUS REGION 2 LJJNEL Northeast LJJSL South LJJMWL Midwest LJJWL West Source: Bureau of Labor Statistics. 1 The job openings rate is the number of job openings on the last business day of the month as a percent of total employment plus job openings. Job openings are the number of job openings on the last business day of the month. 2 NORTHEAST: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. SOUTH: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. MIDWEST: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. WEST: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. © Haver Analytics Vol 1: E&E - 121 9/30/10 JOLTS, continued Job Hires Rates and Levels (Table 6) Not Seasonally Adjusted Monthly, December 2000-present Rates (%) LJHTP Levels (Thous) LJHTL LJHTPP LJHMIP LJHCNP LJHMNP LJHMNDP LJHMNNP LJHTRP LJHWTP LJHRTP LJHTWP LJHTPL LJHMIL LJHCNL LJHMNL LJHMNDL LJHMNNL LJHTRL LJHWTL LJHRTL LJHTWL LJHINP LJHFIP LJHIFP LJHREP LJHPBP LJHEHP LJHEDP LJHHCP LJHLHP LJHRCP LJHAFP LJHOSP LJHGP LJHGFP LJHGSP LJHINL LJHFIL LJHIFL LJHREL LJHPBL LJHEHL LJHEDL LJHHCL LJHLHL LJHRCL LJHAFL LJHOSL LJHGL LJHGFL LJHGSL LJHNEP LJHSP LJHMWP LJHWP LJHNEL LJHSL LJHMWL LJHWL 1 Total INDUSTRY (NAICS) Total private Mining Construction Manufacturing Durable goods Nondurable goods Trade, transportation and utilities Wholesale trade Retail trade Transportation, warehousing and utilities Information Financial activities Finance and insurance Real estate and rental and leasing Professional and business services Education and health services Educational services Health care and social assistance Leisure and hospitality Arts, entertainment and recreation Accommodation and food services Other services Government Federal State and local CENSUS REGION 2 Northeast South Midwest West Source: Bureau of Labor Statistics. 1 2 The hires rate is the number of hires during the entire month as a percent of total employment. Hires are the number of hires during the entire month. NORTHEAST: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. SOUTH: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. MIDWEST: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. WEST: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. © Haver Analytics Vol 1: E&E - 122 9/30/10 JOLTS, continued Separations Rates and Levels (Table 7) Not Seasonally Adjusted Monthly, December 2000-present Rates (%) LJSTP Levels (Thous) LJSTL LJSTPP LJSMIP LJSCNP LJSMNP LJSMNDP LJSMNNP LJSTRP LJSWTP LJSRTP LJSTWP LJSTPL LJSMIL LJSCNL LJSMNL LJSMNDL LJSMNNL LJSTRL LJSWTL LJSRTL LJSTWL LJSINP LJSFIP LJSIFP LJSREP LJSPBP LJSEHP LJSEDP LJSHCP LJSLHP LJSRCP LJSAFP LJSOSP LJSGP LJSGFP LJSGSP LJSINL LJSFIL LJSIFL LJSREL LJSPBL LJSEHL LJSEDL LJSHCL LJSLHL LJSRCL LJSAFL LJSOSL LJSGL LJSGFL LJSGSL LJSNEP LJSSP LJSMWP LJSWP LJSNEL LJSSL LJSMWL LJSWL 1 Total INDUSTRY (NAICS) Total private Mining Construction Manufacturing Durable goods Nondurable goods Trade, transportation and utilities Wholesale trade Retail trade Transportation, warehousing and utilities Information Financial activities Finance and insurance Real estate and rental and leasing Professional and business services Education and health services Educational services Health care and social assistance Leisure and hospitality Arts, entertainment and recreation Accommodation and food services Other services Government Federal State and local CENSUS REGION 2 Northeast South Midwest West Source: Bureau of Labor Statistics. 1 The separations rate is the number of total separations during the entire month as a percent of total employment. Total separations are the number of total separations during the entire month. 2 NORTHEAST: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. SOUTH: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. MIDWEST: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. WEST: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. © Haver Analytics Vol 1: E&E - 123 9/30/10 JOLTS, continued Quits Rates and Levels (Table 8) 1 Not Seasonally Adjusted Monthly, December 2000-present Rates (%) LJQTP Levels (Thous) LJQTL LJQTPP LJQMIP LJQCNP LJQMNP LJQMNDP LJQMNNP LJQTRP LJQWTP LJQRTP LJQTWP LJQTPL LJQMIL LJQCNL LJQMNL LJQMNDL LJQMNNL LJQTRL LJQWTL LJQRTL LJQTWL LJQINP LJQFIP LJQIFP LJQREP LJQPBP LJQEHP LJQEDP LJQHCP LJQLHP LJQRCP LJQAFP LJQOSP LJQGP LJQGFP LJQGSP LJQINL LJQFIL LJQIFL LJQREL LJQPBL LJQEHL LJQEDL LJQHCL LJQLHL LJQRCL LJQAFL LJQOSL LJQGL LJQGFL LJQGSL LJQNEP LJQSP LJQMWP LJQWP LJQNEL LJQSL LJQMWL LJQWL Total INDUSTRY (NAICS) Total private Mining Construction Manufacturing Durable goods Nondurable goods Trade, transportation and utilities Wholesale trade Retail trade Transportation, warehousing and utilities Information Financial activities Finance and insurance Real estate and rental and leasing Professional and business services Education and health services Educational services Health care and social assistance Leisure and hospitality Arts, entertainment and recreation Accommodation and food services Other services Government Federal State and local CENSUS REGION 2 Northeast South Midwest West Source: Bureau of Labor Statistics. 1 The quits rate is the number of quits during the entire month as a percent of total employment. Quits are the number of quits during the entire month. 2 NORTHEAST: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. SOUTH: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. MIDWEST: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. WEST: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. © Haver Analytics Vol 1: E&E - 124 9/30/10 JOLTS, continued Layoffs and Discharges Rates and Levels (Table 9) Not Seasonally Adjusted Monthly, December 2000-present Rates (%) LJLTP Levels (Thous) LJLTL LJLTPP LJLMIP LJLCNP LJLMNP LJLMNDP LJLMNNP LJLTRP LJLWTP LJLRTP LJLTWP LJLTPL LJLMIL LJLCNL LJLMNL LJLMNDL LJLMNNL LJLTRL LJLWTL LJLRTL LJLTWL LJLINP LJLFIP LJLIFP LJLREP LJLPBP LJLEHP LJLEDP LJLHCP LJLLHP LJLRCP LJLAFP LJLOSP LJLGP LJLGFP LJLGSP LJLINL LJLFIL LJLIFL LJLREL LJLPBL LJLEHL LJLEDL LJLHCL LJLLHL LJLRCL LJLAFL LJLOSL LJLGL LJLGFL LJLGSL LJLNEP LJLSP LJLMWP LJLWP LJLNEL LJLSL LJLMWL LJLWL 1 Total INDUSTRY (NAICS) Total private Mining Construction Manufacturing Durable goods Nondurable goods Trade, transportation and utilities Wholesale trade Retail trade Transportation, warehousing and utilities Information Financial activities Finance and insurance Real estate and rental and leasing Professional and business services Education and health services Educational services Health care and social assistance Leisure and hospitality Arts, entertainment and recreation Accommodation and food services Other services Government Federal State and local CENSUS REGION 2 Northeast South Midwest West Source: Bureau of Labor Statistics. 1 The layoffs and discharges rate is the number of layoffs and discharges during the entire month as a percent of total employment. Layoffs and discharges are the number of layoffs and discharges during the entire month. 2 NORTHEAST: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. SOUTH: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. MIDWEST: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. WEST: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. © Haver Analytics Vol 1: E&E - 125 9/30/10 JOLTS, continued Other Separations Rates and Levels (Table 10) Not Seasonally Adjusted Monthly, December 2000-present Rates (%) LJOTP Levels (Thous) LJOTL LJOTPP LJOMIP LJOCNP LJOMNP LJOMNDP LJOMNNP LJOTRP LJOWTP LJORTP LJOTWP LJOTPL LJOMIL LJOCNL LJOMNL LJOMNDL LJOMNNL LJOTRL LJOWTL LJORTL LJOTWL LJOINP LJOFIP LJOIFP LJOREP LJOPBP LJOEHP LJOEDP LJOHCP LJOLHP LJORCP LJOAFP LJOOSP LJOGP LJOGFP LJOGSP LJOINL LJOFIL LJOIFL LJOREL LJOPBL LJOEHL LJOEDL LJOHCL LJOLHL LJORCL LJOAFL LJOOSL LJOGL LJOGFL LJOGSL LJONEP LJOSP LJOMWP LJOWP LJONEL LJOSL LJOMWL LJOWL 1 Total INDUSTRY (NAICS) Total private Mining Construction Manufacturing Durable goods Nondurable goods Trade, transportation and utilities Wholesale trade Retail trade Transportation, warehousing and utilities Information Financial activities Finance and insurance Real estate and rental and leasing Professional and business services Education and health services Educational services Health care and social assistance Leisure and hospitality Arts, entertainment and recreation Accommodation and food services Other services Government Federal State and local CENSUS REGION 2 Northeast South Midwest West Source: Bureau of Labor Statistics. 1 The other separations rate is the number of other separations during the entire month as a percent of total employment. Other separations are the number of other separations during the entire month. 2 NORTHEAST: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. SOUTH: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. MIDWEST: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. WEST: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. © Haver Analytics Vol 1: E&E - 126 9/30/10 PREFIX ES EM WQ WW COVERED EMPLOYMENT and WAGES Quarterly by 3-digit NAICS 1 Establishments Average Monthly Employment Total Quarterly Wages Average Weekly Wages SUFFIX 0TZ0 0Z0 0Z11 0A0 0A1 0A2 0A3 0A4 0A5 0B0 0B1 0B2 0B3 0D0 0D6 0D7 0D8 0EG 0E1 0E2 0E3 0E4 0E5 0E6 0F1 0F2 0F3 0F4 0F5 0F6 0F7 0G1 0G2 0G3 0G4 0G5 0G6 0G7 0G9 Total Private Industry Natural Resources and Mining (11,21) Agriculture, Forestry, Fishing & Hunting (11) Crop Production (111) Animal Production (112) Forestry and Logging (113) Fishing, Hunting and Trapping (114) Agriculture & Forestry Support Act's (115) Mining (21) Oil and Gas Extraction (211) Mining, Except Oil and Gas (212) Support Activities for Mining (213) Construction (23) Construction of Buildings (236) Heavy & Civil Engineering Construction(237) Specialty Trade Contractors (238) Manufacturing (31-33) Food Manufacturing (311) Beverage and Tobacco Product Mfg (312) Textile Mills (313) Textile Product Mills (314) Apparel Manufacturing (315) Leather and Allied Product Mfg (316) Wood Product Manufacturing (321) Paper Manufacturing (322) Printing & Related Support Activities (323) Petroleum and Coal Products Mfg (324) Chemical Manufacturing (325) Plastics and Rubber Products Mfg (326) Nonmetallic Mineral Product Mfg (327) Primary Metal Manufacturing (331) Fabricated Metal Product Manufacturing(332) Machinery Manufacturing (333) Computer and Electronic Product Mfg (334) Electrical Equipment and Appliance Mfg(335) Transportation Equipment Manufacturing(336) Furniture and Related Product Mfg (337) Miscellaneous Manufacturing (339) Please see footnote on the next page. © Haver Analytics Vol 1: E&E - 127 9/30/10 COVERED EMPLOYMENT and WAGES, continued SUFFIX 0Z21 0C0 0H0 0H3 0H4 0H5 0IJ 0I1 0I2 0I3 0I4 0I5 0I6 0I7 0I8 0J1 0J2 0J3 0J4 0KL 0K1 0K2 0K3 0K4 0K5 0K6 0K7 0K8 0L1 0L2 0L3 Trade, Transportation and Utilities (22,42,44-45,48-49) Utilities (22) Wholesale Trade (42) Merchant Wholesalers, Durable Goods (423) Merchant Wholesalers, Nondurable Goods(424) Electronic Markets, Agents and Brokers(425) Retail Trade (44-45) Motor Vehicle and Parts Dealers (441) Furniture and Home Furnishings Stores (442) Electronics and Appliance Stores (443) Building Matl & Garden Supply Stores (444) Food and Beverage Stores (445) Health and Personal Care Stores (446) Gasoline Stations (447) Clothing & Clothing Accessories Stores(448) Sporting, Hobby, Book & Music Stores (451) General Merchandise Stores (452) Miscellaneous Store Retailers (453) Nonstore Retailers (454) Transportation and Warehousing (48-49) Air Transportation (481) Rail Transportation (482) Water Transportation (483) Truck Transportation (484) Transit and Ground Passenger Trans (485) Pipeline Transportation (486) Scenic and Sightseeing Transportation (487) Support Activities for Transportation (488) Postal Service (491) Couriers and Messengers (492) Warehousing and Storage (493) 0M0 0M1 0M2 0M5 0M6 0M7 0M8 0M9 Information (51) Publishing Industries, except Internet(511) Motion Picture and Sound Recording (512) Broadcasting, except Internet (515) Internet Publishing and Broadcasting (516) Telecommunications (517) ISPs, Search Portals, Data Processing (518) Other Information Services (519) Source: Bureau of Labor Statistics 1 Covered Employment and Wages (CEW) or ES-202 are derived from quarterly tax filings and include all businesses with employees covered by the various state Unemployment Insurance (UI) programs, as well as federal employees covered by the Unemployment Compensation for Federal Employees legislation. © Haver Analytics Vol 1: E&E - 128 9/30/10 COVERED EMPLOYMENT and WAGES, continued SUFFIX 0Z23 0N0 0N1 0N2 0N3 0N4 0N5 0O0 0O1 0O2 0O3 Financial Activities (52,53) Finance and Insurance (52) Monetary Authorities - Central Bank (521) Credit Intermediation & Related (522) Securities, Commodity Contracts, Investments (523) Insurance Carriers and Related (524) Funds, Trusts, & Other Fin Vehicles (525) Real Estate and Rental and Leasing (53) Real Estate (531) Rental and Leasing Services (532) Lessors of Nonfin Intangible Assets (533) 0Z24 0P0 0Q0 0R0 0R1 0R2 Professional and Business Services (54,55,56) Professional and Technical Services (54) Management of Companies and Enterprises (55) Administrative and Waste Services (56) Administrative and Support Services (561) Waste Management & Remediation Services (562) 0Z25 0S0 0T0 0T1 0T2 0T3 0T4 Education and Health Services (61,62) Educational Services (61) Health Care and Social Assistance (62) Ambulatory Health Care Services (621) Hospitals (622) Nursing & Residential Care Facilities (623) Social Assistance (624) 0Z26 0U0 0U1 0U2 0U3 0V0 0V1 0V2 0W0 0W1 0W2 0W3 0W4 Leisure and Hospitality (71,72) Arts, Entertainment, and Recreation (71) Performing Arts and Spectator Sports (711) Museums, Historical Sites, Zoos, Parks(712) Amusements, Gambling, and Recreation (713) Accommodation and Food Services (72) Accommodation (721) Food Services and Drinking Places (722) Other Services, except Public Admin (81) Repair and Maintenance (811) Personal and Laundry Services (812) Membership Associations & Organizations (813) Private Households (814) 0FZ0 Federal Government 0SZ0 State Government 0LZ0 Local Government Source: Bureau of Labor Statistics 1 Covered Employment and Wages (CEW) or ES-202 are derived from quarterly tax filings and include all businesses with employees covered by the various state Unemployment Insurance (UI) programs, as well as federal employees covered by the Unemployment Compensation for Federal Employees legislation. © Haver Analytics Vol 1: E&E - 129 9/30/10 Employer Costs for Employee Compensation (ECEC) Employer Costs for Employee Compensation (ECEC) measures the average cost per employee hour worked that employers pay for wages and salaries and benefits. For workers paid on an hourly basis, wages and salaries are defined as hourly straight-time wage and salary rates which are total earnings before payroll deductions and include production bonuses, incentive earnings, commission payments, and cost-of-living adjustments. For workers not paid on an hourly basis, wages and salaries are defined as straight-time earnings divided by the corresponding hours. Not included in straight-time earnings are nonproduction bonuses such as lump-sum payments provided in lieu of wage increases, shift differentials, and premium pay for overtime and for work on weekends and holidays; these payments are included in the benefits component. The Employer Costs for Employee Compensation (ECEC) switched to new industry and occupation classification systems with the release of the March 2004 data. The 2002 North American Industry Classification System (NAICS) is now used to classify industries and the 2000 Standard Occupational Classification (SOC) system is used to classify occupations. The U.S. Office of Management and Budget requires all Federal statistical agencies to change their statistical classification systems to NAICS and SOC. NAICS is designed to reflect changes in the economy and to achieve comparability with the statistical systems of Mexico and Canada. The SOC is designed to provide a common occupational classification system across U.S. statistical agencies. ECEC data by the old classification systems--the 1987 Standard Industrial Classification System (SIC) and the 1990 Occupational Classification System (OCS)--will no longer be produced. Most of the new ECEC data based on NAICS and SOC begin in the first quarter of 2004 and are documented starting on page 80. Discontinued ECEC data based on SIC and OCS have more history and are documented starting on page 143. © Haver Analytics Vol 1: E&E - 130 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 1. Civilian Workers by Major Occupational Group All Civilian workers Cost per Hour Worked Quarterly, Q1 1991-present Variable LYC LYWC LYBC LYPC LYPVC LYPDC LYPSC LYPAC LYSC LYSPC LYSSC LYSNC LYIC LYIFC LYIHC LYISC LYILC LYRC LYRBC LYRCC LYLC LYLTC LYLOC LYLMC LYLFC LYLSC LYLWC (1041-) (1041-) (1041-) (1041-) (1041-) Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 131 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Variable LYCOM LYWCOM LYBCOM LYPCOM LYPVCOM LYPDCOM LYPSCOM LYPACOM LYSCOM LYSPCOM LYSSCOM LYSNCOM LYICOM LYIFCOM LYIHCOM LYISCOM LYILCOM LYRCOM LYRBCOM LYRCCOM LYLCOM LYLTCOM LYLOCOM LYLMCOM LYLFCOM LYLSCOM LYLWCOM Table 1. Civilian Workers by Major Occupational Group Management, Professional and Related Cost per Hour Worked Quarterly, Q1 2004-present Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 132 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 1. Civilian Workers by Major Occupational Group Sales & Office Workers Cost per Hour Worked Quarterly, Q1 2004-present Variable LYCOF LYWCOF LYBCOF LYPCOF LYPVCOF LYPDCOF LYPSCOF LYPACOF LYSCOF LYSPCOF LYSSCOF LYSNCOF LYICOF LYIFCOF LYIHCOF LYISCOF LYILCOF LYRCOF LYRBCOF LYRCCOF LYLCOF LYLTCOF LYLOCOF LYLMCOF LYLFCOF LYLSCOF LYLWCOF Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 133 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 1. Civilian Workers by Major Occupational Group Services Cost per Hour Worked Quarterly, Q1 2004-present Variable LYCOS LYWCOS LYBCOS LYPCOS LYPVCOS LYPDCOS LYPSCOS LYPACOS LYSCOS LYSPCOS LYSSCOS LYSNCOS LYICOS LYIFCOS LYIHCOS LYISCOS LYILCOS LYRCOS LYRBCOS LYRCCOS LYLCOS LYLTCOS LYLOCOS LYLMCOS LYLFCOS LYLSCOS LYLWCOS Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 134 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 1. Civilian Workers by Major Occupational Group Natural Resources, Construction and Maintenance Cost per Hour Worked Quarterly, Q1 2004-present Variable LYCON LYWCON LYBCON LYPCON LYPVCON LYPDCON LYPSCON LYPACON LYSCON LYSPCON LYSSCON LYSNCON LYICON LYIFCON LYIHCON LYISCON LYILCON LYRCON LYRBCON LYRCCON LYLCON LYLTCON LYLOCON LYLMCON LYLFCON LYLSCON LYLWCON Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 135 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 1. Civilian Workers by Major Occupational Group Production, Transportation and Material Moving Cost per Hour Worked Quarterly, Q1 2004-present Variable LYCOP LYWCOP LYBCOP LYPCOP LYPVCOP LYPDCOP LYPSCOP LYPACOP LYSCOP LYSPCOP LYSSCOP LYSNCOP LYICOP LYIFCOP LYIHCOP LYISCOP LYILCOP LYRCOP LYRBCOP LYRCCOP LYLCOP LYLTCOP LYLOCOP LYLMCOP LYLFCOP LYLSCOP LYLWCOP Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability (1041-) Long-term disability Retirement and savings (1041-) Defined benefit (1041-) Defined contribution Legally required benefits Social Security and medicare 2 (1041-) Social Security (OASDI) 2 (1041-) Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 136 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 1. Civilian Workers by Major Industry Group Cost per Hour Worked Quarterly, Q1 2004-present Goodsproducing industries 1 LYCIG LYWCIG LYBCIG LYPCIG LYPVCIG LYPDCIG LYPSCIG LYPACIG LYSCIG LYSPCIG LYSSCIG LYSNCIG LYICIG LYIFCIG LYIHCIG LYISCIG LYILCIG LYRCIG LYRBCIG LYRCCIG LYLCIG LYLTCIG LYLOCIG LYLMCIG LYLFCIG LYLSCIG LYLWCIG 1 2 3 4 Serviceproviding industries LYCIS LYWCIS LYBCIS LYPCIS LYPVCIS LYPDCIS LYPSCIS LYPACIS LYSCIS LYSPCIS LYSSCIS LYSNCIS LYICIS LYIFCIS LYIHCIS LYISCIS LYILCIS LYRCIS LYRBCIS LYRCCIS LYLCIS LYLTCIS LYLOCIS LYLMCIS LYLFCIS LYLSCIS LYLWCIS 2 Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 3 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 4 Social Security (OASDI) 4 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation Goods producing includes mining, construction, and manufacturing. The agriculture, forestry, farming and hunting sector is excluded. Service providing includes utilities; wholesale and retail trade; transportation and warehousing, information, finance and insurance, real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration. Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 2. Civilian Workers by Occupational and Industry Group Total Compensation (Wages/Salaries + Benefit Costs) Cost per Hour Worked Quarterly, Q1 2004-present Total Compensation © Haver Analytics Wages and Salaries Benefit Costs Vol 1: E&E - 137 9/30/10 LYC (911-) LYCOM LYWC (911-) LYBC LYWCOM LYBCOM (911-) LYCOE (911-) LYWCOE (911-) LYBCOE (911-) LYCOC (911-) LYWCOC LYBCOC (911-) LYCOPT (941-) LYCOPS LYWCOPT(941-) LYWCOPS LYBCOPT LYBCOPS (941-) LYCOG LYCOF LYCOL LYCOA (911-) LYWCOG LYWCOF LYWCOL LYWCOA (911-) LYBCOG LYBCOF LYBCOL LYBCOA LYCOS (911-) LYCON LYWCOS (911-) LYWCON LYBCOS LYBCON LYCOX LYWCOX LYBCOX LYCOI LYWCOI LYBCOI LYCOP LYWCOP LYBCOP LYCOR LYCOT LYWCOR LYWCOT LYBCOR LYBCOT © Haver Analytics (911-) (911-) Vol 1: E&E - 138 Civilian workers Occupational group Management, professional and related Management, business and financial Professional and related Teachers Primary, secondary and special education teachers Registered nurses Sales and office Sales and related Office and administrative support Service Natural resources, construction and maintenance Construction and extraction Installation, maintenance and repair Production, transportation and material moving Production Transportation and material moving 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 2. Civilian Workers by Occupational and Industry Group Total Compensation (Wages/Salaries + Benefit Costs) Cost per Hour Worked Quarterly, Q1 2004-present Total Compensation Wages and Salaries Benefit Costs LYCID LYWCID LYBCID LYCIE (911-) LYCIL LYWCIE (911-) LYWCIL LYBCIE LYBCIL LYCIJ LYWCIJ LYBCIJ LYCIH LYWCIH LYBCIH LYCHP LYWCHP LYBCHP © Haver Analytics (911-) Vol 1: E&E - 139 Industry group Education and health services Educational services Elementary and secondary schools Junior colleges, colleges and universities Health care and social assistance Hospitals 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 2. Civilian Workers by Occupational and Industry Group Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Paid Leave LYPC Supplemental Pay (911-) LYSC Insurance (911-) LYIC LYPCOM LYSCOM LYICOM LYPCOE LYSCOE LYICOE LYPCOC LYPCOPT LYPCOPS LYSCOC LYSCOPT LYSCOPS LYICOC LYICOPT LYICOPS LYPCOG LYPCOF LYPCOL LYPCOA LYSCOG LYSCOF LYSCOL LYSCOA LYICOG LYICOF LYICOL LYICOA LYPCOS (911-) LYPCON LYSCOS (911-) LYSCON LYICOS LYICON LYPCOX LYSCOX LYICOX LYPCOI LYSCOI LYICOI LYPCOP LYSCOP LYICOP LYPCOR LYPCOT LYSCOR LYSCOT LYICOR LYICOT LYPCID LYSCID LYICID LYPCIE LYPCIL LYSCIE LYSCIL LYICIE LYICIL LYPCIJ LYSCIJ LYICIJ LYPCIH LYSCIH LYICIH LYPCHP LYSCHP LYICHP (911-) Civilian workers Occupational group Management, professional and related Management, business and financial Professional and related Teachers Primary, secondary and special education teachers Registered nurses Sales and office Sales and related Office and administrative support (911-) Service Natural resources, construction and maintenance Construction and extraction Installation, maintenance and repair Production, transportation and material moving Production Transportation and material moving Industry group Education and health services Educational services Elementary and secondary schools Junior colleges, colleges and universities Health care and social assistance Hospitals Employer Costs for Employee Compensation by NAICS & SOC (continued) Retirement & Savings LYRC (911-) © Haver Analytics Table 2. Civilian Workers by Occupational and Industry Group Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Legally Required Benefits LYLC Civilian workers (911-) Vol 1: E&E - 140 9/30/10 LYRCOM LYLCOM LYRCOE LYLCOE LYRCOC LYRCOPT LYRCOPS LYLCOC LYLCOPT LYLCOPS LYRCOG LYRCOF LYRCOL LYRCOA LYLCOG LYLCOF LYLCOL LYLCOA LYRCOS (911-) LYRCON LYLCOS (911-) LYLCON LYRCOX LYLCOX LYRCOI LYLCOI LYRCOP LYLCOP LYRCOR LYRCOT LYLCOR LYLCOT LYRCID LYLCID LYRCIE LYRCIL LYLCIE LYLCIL LYRCIJ LYLCIJ LYRCIH LYLCIH LYRCHP LYLCHP © Haver Analytics Occupational group Management, professional and related Management, business and financial Professional and related Teachers Primary, secondary and special education teachers Registered nurses Sales and office Sales and related Office and administrative support Service Natural resources, construction and maintenance Construction and extraction Installation, maintenance and repair Production, transportation and material moving Production Transportation and material moving Industry group Education and health services Educational services Elementary and secondary schools Junior colleges, colleges and universities Health care and social assistance Hospitals Vol 1: E&E - 141 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 3. State and Local Government Workers by Major Occupational Group Civilian workers Cost per Hour Worked Quarterly, Q1 1991-present Variable LYG LYWG LYBG LYPG LYPVG LYPDG LYPSG LYPAG LYSG LYSPG LYSSG LYSNG LYIG LYIFG LYIHG LYISG LYILG LYRG LYRBG LYRCG LYLG LYLTG LYLOG LYLMG LYLFG LYLSG LYLWG (1041-) (1041-) (1041-) (1041-) (1041-) Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 142 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 3. State and Local Government Management, Workers Professional by Major and Occupational Related Group Cost per Hour Worked Quarterly, Q1 2004-present Variable LYGOM LYWGOM LYBGOM LYPGOM LYPVGOM LYPDGOM LYPSGOM LYPAGOM LYSGOM LYSPGOM LYSSGOM LYSNGOM LYIGOM LYIFGOM LYIHGOM LYISGOM LYILGOM LYRGOM LYRBGOM LYRCGOM LYLGOM LYLTGOM LYLOGOM LYLMGOM LYLFGOM LYLSGOM LYLWGOM Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 143 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 3. State and Local Government Workers Sales andby Office Major Occupational Group Cost per Hour Worked Quarterly, Q1 2004-present Variable LYGOF LYWGOF LYBGOF LYPGOF LYPVGOF LYPDGOF LYPSGOF LYPAGOF LYSGOF LYSPGOF LYSSGOF LYSNGOF LYIGOF LYIFGOF LYIHGOF LYISGOF LYILGOF LYRGOF LYRBGOF LYRCGOF LYLGOF LYLTGOF LYLOGOF LYLMGOF LYLFGOF LYLSGOF LYLWGOF Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 144 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 3. State and Local Government Workers Service by Major Occupational Group Cost per Hour Worked Quarterly, Q1 2004-present Variable LYGOS LYWGOS LYBGOS LYPGOS LYPVGOS LYPDGOS LYPSGOS LYPAGOS LYSGOS LYSPGOS LYSSGOS LYSNGOS LYIGOS LYIFGOS LYIHGOS LYISGOS LYILGOS LYRGOS LYRBGOS LYRCGOS LYLGOS LYLTGOS LYLOGOS LYLMGOS LYLFGOS LYLSGOS LYLWGOS (911-) (911-) (911-) Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 145 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 3. State and Local Government Service-Providing Workers by Major Industries Occupational Group Cost per Hour Worked Quarterly, Q1 2004-present Variable LYGIS LYWGIS LYBGIS LYPGIS LYPVGIS LYPDGIS LYPSGIS LYPAGIS LYSGIS LYSPGIS LYSSGIS LYSNGIS LYIGIS LYIFGIS LYIHGIS LYISGIS LYILGIS LYRGIS LYRBGIS LYRCGIS LYLGIS LYLTGIS LYLOGIS LYLMGIS LYLFGIS LYLSGIS LYLWGIS Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 146 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 4. State and Local Government Workers by Occupational and Industry Group Total Compensation (Wages/Salaries + Benefit Costs) Cost per Hour Worked Quarterly, Q1 2004-present Total Compensation Wages and Salaries Benefit Costs LYG LYWG LYBG (911-) (911-) LYGOM LYWGOM LYBGOM LYGOC (911-) LYGOPT (941-) LYGOPS LYWGOC (911-) LYWGOPT (941-) LYWGOPS LYBGOC LYBGOP LYBGOPS LYGOF LYGOA (911-) LYWGOF LYWGOA (911-) LYBGOF LYBGOA LYGOS (911-) LYWGOS (911-) LYBGOS LYGID LYGIE LYGIL LYWGID (911-) LYWGIE LYWGIL (911-) (911-) (911-) LYBGID (911-) LYBGIE LYBGIL LYGIJ LYWGIJ LYBGIJ LYGIH LYWGIH LYBGIH LYGHP LYGIP LYWGHP LYWGIP LYBGHP LYBGIP © Haver Analytics (911-) (911-) Vol 1: E&E - 147 Civilian workers Occupational group Management, professional and related Professional and related Teachers Primary, secondary and special education teachers Sales and office Office and administrative support Service Industry group Education and health services Educational services Elementary and secondary schools Junior colleges, colleges and universities Health care and social assistance Hospitals Public administration 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 4. State and Local Government Workers by Occupational and Industry Group Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Paid Leave LYPG Supplemental Pay (911-) LYSG Insurance (911-) LYIG LYPGOM LYSGOM LYIGOM LYPGOC LYPGOPT LYPGOPS LYSGOC LYSGOPT LYSGOPS LYIGOC LYIGOPT LYIGOPS LYPGOF LYPGOA LYSGOF LYSGOA LYIGOF LYIGOA LYPGOS LYSGOS LYIGOS LYPGID LYSGID LYIGID LYPGIE LYPGIL LYSGIE LYSGIL LYIGIE LYIGIL LYPGIJ LYSGIJ LYIGIJ LYPGIH LYSGIH LYIGIH LYPGHP LYPGIP LYSGHP LYSGIP LYIGHP LYIGIP © Haver Analytics (911-) Civilian workers Occupational group Management, professional and related Professional and related Teachers Primary, secondary and special education teachers Sales and office Office and administrative support Service Industry group Education and health services Educational services Elementary and secondary schools Junior colleges, colleges and universities Health care and social assistance Hospitals Public administration Vol 1: E&E - 148 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 4. State and Local Government Workers by Occupational and Industry Group Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Legally Retirement Required & Savings Benefits LYRG (911-) LYLG LYRGOM LYLGOM LYRGOC LYRGOPT LYRGOPS LYLGOC LYLGOPT LYLGOPS LYRGOF LYRGOA LYLGOF LYLGOA LYRGOS LYLGOS LYRGID LYLGID LYRGIE LYRGIL LYLGIE LYLGIL LYRGIJ LYLGIJ LYRGIH LYLGIH LYRGHP LYRGIP LYLGHP LYLGIP © Haver Analytics (911-) Civilian workers Occupational group Management, professional and related Professional and related Teachers Primary, secondary and special education teachers Sales and office Office and administrative support Service Industry group Education and health services Educational services Elementary and secondary schools Junior colleges, colleges and universities Health care and social assistance Hospitals Public administration Vol 1: E&E - 149 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 5. Private Industry Workers by Major Occupational Group Private Industry Workers Cost per Hour Worked Quarterly, Q1 2004-present Variable LYP LYWP LYBP LYPP LYPVP LYPDP LYPSP LYPAP LYSP LYSPP LYSSP LYSNP LYIP LYIFP LYIHP LYISP LYILP LYRP LYRBP LYRCP LYLP LYLTP LYLOP LYLMP LYLFP LYLSP LYLWP (861-) (861-) (861-) Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 150 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Variable LYPOM LYWPOM LYBPOM LYPPOM LYPVPOM LYPDPOM LYPSPOM LYPAPOM LYSPOM LYSPPOM LYSSPOM LYSNPOM LYIPOM LYIFPOM LYIHPOM LYISPOM LYILPOM LYRPOM LYRBPOM LYRCPOM LYLPOM LYLTPOM LYLOPOM LYLMPOM LYLFPOM LYLSPOM LYLWPOM Table 5. Private Industry Workers by Major Occupational Group Management, Professional and Related Cost per Hour Worked Quarterly, Q1 2004-present Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 151 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Variable LYPOF LYWPOF LYBPOF LYPPOF LYPVPOF LYPDPOF LYPSPOF LYPAPOF LYSPOF LYSPPOF LYSSPOF LYSNPOF LYIPOF LYIFPOF LYIHPOF LYISPOF LYILPOF LYRPOF LYRBPOF LYRCPOF LYLPOF LYLTPOF LYLOPOF LYLMPOF LYLFPOF LYLSPOF LYLWPOF Table 5. Private Industry Workers by Major Occupational Group Sales and office Cost per Hour Worked Quarterly, Q1 2004-present Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 152 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 5. Private Industry Workers by Major Occupational Group Service Cost per Hour Worked Quarterly, Q1 2004-present Variable LYPOS LYWPOS LYBPOS LYPPOS LYPVPOS LYPDPOS LYPSPOS LYPAPOS LYSPOS LYSPPOS LYSSPOS LYSNPOS LYIPOS LYIFPOS LYIHPOS LYISPOS LYILPOS LYRPOS LYRBPOS LYRCPOS LYLPOS LYLTPOS LYLOPOS LYLMPOS LYLFPOS LYLSPOS LYLWPOS (861-) (861-) (861-) Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 153 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Variable LYPON LYWPON LYBPON LYPPON LYPVPON LYPDPON LYPSPON LYPAPON LYSPON LYSPPON LYSSPON LYSNPON LYIPON LYIFPON LYIHPON LYISPON LYILPON LYRPON LYRBPON LYRCPON LYLPON LYLTPON LYLOPON LYLMPON LYLFPON LYLSPON LYLWPON Table 5. Private Industry Workers by Major Occupational Group Natural Resources, Construction and Maintenance Cost per Hour Worked Quarterly, Q1 2004-present Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 154 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Variable LYPOP LYWPOP LYBPOP LYPPOP LYPVPOP LYPDPOP LYPSPOP LYPAPOP LYSPOP LYSPPOP LYSSPOP LYSNPOP LYIPOP LYIFPOP LYIHPOP LYISPOP LYILPOP LYRPOP LYRBPOP LYRCPOP LYLPOP LYLTPOP LYLOPOP LYLMPOP LYLFPOP LYLSPOP LYLWPOP Table 5. Private Industry Workers by Major Occupational Group Production, Transportation and Material Moving Cost per Hour Worked Quarterly, Q1 2004-present Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 155 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 5. Private Industry Workers by Bargaining Status Cost per Hour Worked Quarterly, Q1 2004-present Union LYPU LYWPU LYBPU LYPPU LYPVPU LYPDPU LYPSPU LYPAPU LYSPU LYSPPU LYSSPU LYSNPU LYIPU LYIFPU LYIHPU LYISPU LYILPU LYRPU LYRBPU LYRCPU LYLPU LYLTPU LYLOPU LYLMPU LYLFPU LYLSPU LYLWPU Nonunion (861-) LYPNU (861-) LYWPNU (861-) LYBPNU LYPPNU LYPVPNU LYPDPNU LYPSPNU LYPAPNU LYSPNU LYSPPNU LYSSPNU LYSNPNU LYIPNU LYIFPNU LYIHPNU LYISPNU LYILPNU LYRPNU LYRBPNU LYRCPNU LYLPNU LYLTPNU LYLOPNU LYLMPNU LYLFPNU LYLSPNU LYLWPNU (861-) (861-) (861-) Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 156 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 6. Private Industry Workers by Major Industry Group Goods-Producing Industries Cost per Hour Worked Quarterly, Q1 2004-present All goods producing Construction Manufacturing LYPIG (861-) LYWPIG (861-) LYBPIG (861-) LYPPIG LYPVPIG LYPDPIG LYPSPIG LYPAPIG LYSPIG LYSPPIG LYSSPIG LYSNPIG LYIPIG LYIFPIG LYIHPIG LYISPIG LYILPIG LYRPIG LYRBPIG LYRCPIG LYLPIG LYLTPIG LYPIC LYWPIC LYBPIC LYPPIC LYPVPIC LYPDPIC LYPSPIC LYPAPIC LYSPIC LYSPPIC LYSSPIC LYSNPIC LYIPIC LYIFPIC LYIHPIC LYISPIC LYILPIC LYRPIC LYRBPIC LYRCPIC LYLPIC LYLTPIC LYPIM LYWPIM LYBPIM LYPPIM LYPVPIM LYPDPIM LYPSPIM LYPAPIM LYSPIM LYSPPIM LYSSPIM LYSNPIM LYIPIM LYIFPIM LYIHPIM LYISPIM LYILPIM LYRPIM LYRBPIM LYRCPIM LYLPIM LYLTPIM LYLOPIG LYLOPIC LYLOPIM LYLMPIG LYLFPIG LYLMPIC LYLFPIC LYLMPIM LYLFPIM LYLSPIG LYLSPIC LYLSPIM LYLWPIG LYLWPIC LYLWPIM (881-) (881-) (881-) (861-) (861-) (861-) Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 157 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 6. Private Industry Workers by Major Industry Group All Service-Providing Cost per Hour Worked Quarterly, Q1 2004-present Variable LYPIS LYWPIS LYBPIS LYPPIS LYPVPIS LYPDPIS LYPSPIS LYPAPIS LYSPIS LYSPPIS LYSSPIS LYSNPIS LYIPIS LYIFPIS LYIHPIS LYISPIS LYILPIS LYRPIS LYRBPIS LYRCPIS LYLPIS LYLTPIS LYLOPIS LYLMPIS LYLFPIS LYLSPIS LYLWPIS (861-) (861-) (861-) Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 158 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Variable LYPIT LYWPIT LYBPIT LYPPIT LYPVPIT LYPDPIT LYPSPIT LYPAPIT LYSPIT LYSPPIT LYSSPIT LYSNPIT LYIPIT LYIFPIT LYIHPIT LYISPIT LYILPIT LYRPIT LYRBPIT LYRCPIT LYLPIT LYLTPIT LYLOPIT LYLMPIT LYLFPIT LYLSPIT LYLWPIT Table 6. Private Industry Workers by Major Industry Group Trade, Transportation and Utilities Cost per Hour Worked Quarterly, Q1 2004-present Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 159 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Variable LYPII LYWPII LYBPII LYPPII LYPVPII LYPDPII LYPSPII LYPAPII LYSPII LYSPPII LYSSPII LYSNPII LYIPII LYIFPII LYIHPII LYISPII LYILPII LYRPII LYRBPII LYRCPII LYLPII LYLTPII LYLOPII LYLMPII LYLFPII LYLSPII LYLWPII Table 6. Private Industry Workers by Major Industry Group Information Cost per Hour Worked Quarterly, Q1 2004-present Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 160 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 6. Private Industry Workers by Major Industry Group Financial Activities Cost per Hour Worked Quarterly, Q1 2004-present Variable LYPIF LYWPIF LYBPIF LYPPIF LYPVPIF LYPDPIF LYPSPIF LYPAPIF LYSPIF LYSPPIF LYSSPIF LYSNPIF LYIPIF LYIFPIF LYIHPIF LYISPIF LYILPIF LYRPIF LYRBPIF LYRCPIF LYLPIF LYLTPIF LYLOPIF LYLMPIF LYLFPIF LYLSPIF LYLWPIF (881-) (881-) (881-) Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 161 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 6. Private Industry Workers by Major Industry Group Professional and Business Services Cost per Hour Worked Quarterly, Q1 2004-present Variable LYPIB LYWPIB LYBPIB LYPPIB LYPVPIB LYPDPIB LYPSPIB LYPAPIB LYSPIB LYSPPIB LYSSPIB LYSNPIB LYIPIB LYIFPIB LYIHPIB LYISPIB LYILPIB LYRPIB LYRBPIB LYRCPIB LYLPIB LYLTPIB LYLOPIB LYLMPIB LYLFPIB LYLSPIB LYLWPIB Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 162 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Variable LYPID LYWPID LYBPID LYPPID LYPVPID LYPDPID LYPSPID LYPAPID LYSPID LYSPPID LYSSPID LYSNPID LYIPID LYIFPID LYIHPID LYISPID LYILPID LYRPID LYRBPID LYRCPID LYLPID LYLTPID LYLOPID LYLMPID LYLFPID LYLSPID LYLWPID Table 6. Private Industry Workers by Major Industry Group Education and Health Services Cost per Hour Worked Quarterly, Q1 2004-present Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 163 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Variable LYPIZ LYWPIZ LYBPIZ LYPPIZ LYPVPIZ LYPDPIZ LYPSPIZ LYPAPIZ LYSPIZ LYSPPIZ LYSSPIZ LYSNPIZ LYIPIZ LYIFPIZ LYIHPIZ LYISPIZ LYILPIZ LYRPIZ LYRBPIZ LYRCPIZ LYLPIZ LYLTPIZ LYLOPIZ LYLMPIZ LYLFPIZ LYLSPIZ LYLWPIZ Table 6. Private Industry Workers by Major Industry Group Leisure and Hospitality Cost per Hour Worked Quarterly, Q1 2004-present Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 164 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Variable LYPIO LYWPIO LYBPIO LYPPIO LYPVPIO LYPDPIO LYPSPIO LYPAPIO LYSPIO LYSPPIO LYSSPIO LYSNPIO LYIPIO LYIFPIO LYIHPIO LYISPIO LYILPIO LYRPIO LYRBPIO LYRCPIO LYLPIO LYLTPIO LYLOPIO LYLMPIO LYLFPIO LYLSPIO LYLWPIO Table 6. Private Industry Workers by Major Industry Group Other Services Cost per Hour Worked Quarterly, Q1 2004-present Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 165 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 7. Private Industry Workers by Census Region and Division Northeast 1 Cost per Hour Worked Quarterly, Q1 2004-present New Northeast England LYPNE (881-) LYPNG LYWPNE (881-) LYWPNG LYBPNE (881-) LYBPNG LYPPNE LYPPNG LYPVPNE LYPVPNG LYPDPNE LYPDPNG LYPSPNE LYPSPNG LYPAPNE LYPAPNG LYSPNE LYSPNG LYSPPNE LYSPPNG LYSSPNE LYSSPNG LYSNPNE LYSNPNG LYIPNE LYIPNG LYIFPNE LYIFPNG LYIHPNE LYIHPNG LYISPNE LYISPNG LYILPNE LYILPNG LYRPNE LYRPNG LYRBPNE LYRBPNG LYRCPNE LYRCPNG LYLPNE LYLPNG LYLTPNE LYLTPNG Middle Atlantic LYPNA LYWPNA LYBPNA LYPPNA LYPVPNA LYPDPNA LYPSPNA LYPAPNA LYSPNA LYSPPNA LYSSPNA LYSNPNA LYIPNA LYIFPNA LYIHPNA LYISPNA LYILPNA LYRPNA LYRBPNA LYRCPNA LYLPNA LYLTPNA LYLOPNE LYLOPNG LYLOPNA LYLMPNE LYLFPNE LYLMPNG LYLFPNG LYLMPNA LYLFPNA LYLSPNE LYLSPNG LYLSPNA LYLWPNE LYLWPNG LYLWPNA Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 2 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 3 Social Security (OASDI) 3 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 NORTHEAST: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. 2 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 3 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 166 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) South Table 7. Private Industry Workers by Census Region and Division South 1 Cost per Hour Worked Quarterly, Q1 2004-present South Atlantic LYPSO LYWPSO LYBPSO LYPPSO LYPVPSO LYPDPSO LYPSPSO LYPAPSO LYSPSO LYSPPSO LYSSPSO LYSNPSO LYIPSO LYIFPSO LYIHPSO LYISPSO LYILPSO LYRPSO LYRBPSO LYRCPSO LYLPSO LYLTPSO LYLOPSO LYLMPSO LYLFPSO LYLSPSO LYLWPSO LYPSA LYWPSA LYBPSA LYPPSA LYPVPSA LYPDPSA LYPSPSA LYPAPSA LYSPSA LYSPPSA LYSSPSA LYSNPSA LYIPSA LYIFPSA LYIHPSA LYISPSA LYILPSA LYRPSA LYRBPSA LYRCPSA LYLPSA LYLTPSA LYLOPSA LYLMPSA LYLFPSA LYLSPSA LYLWPSA Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 2 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security & medicare 3 Social Security (OASDI) 3 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 SOUTH: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. 2 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 3 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 167 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) East South Central Table 7. Private Industry Workers by Census Region and Division South 1 Cost per Hour Worked Quarterly, Q1 2004-present West South Central LYPSE LYWPSE LYBPSE LYPPSE LYPVPSE LYPDPSE LYPSPSE LYPAPSE LYSPSE LYSPPSE LYSSPSE LYSNPSE LYIPSE LYIFPSE LYIHPSE LYISPSE LYILPSE LYRPSE LYRBPSE LYRCPSE LYLPSE LYLTPSE LYLOPSE LYLMPSE LYLFPSE LYLSPSE LYLWPSE LYPSW LYWPSW LYBPSW LYPPSW LYPVPSW LYPDPSW LYPSPSW LYPAPSW LYSPSW LYSPPSW LYSSPSW LYSNPSW LYIPSW LYIFPSW LYIHPSW LYISPSW LYILPSW LYRPSW LYRBPSW LYRCPSW LYLPSW LYLTPSW LYLOPSW LYLMPSW LYLFPSW LYLSPSW LYLWPSW Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 2 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security & medicare 3 Social Security (OASDI) 3 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 SOUTH: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. 2 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 3 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. Employer Costs for Employee Compensation by NAICS & SOC (continued) Midwest Table 7. Private Industry Workers by Census Region and Division Midwest 1 Cost per Hour Worked Quarterly, Q1 2004-present East West North North Central Central LYPMW(881-) © Haver Analytics LYPME LYPMN Total compensation Vol 1: E&E - 168 9/30/10 LYWPMW(881-) LYWPME LYBPMW(881-) LYBPME LYPPMW LYPPME LYPVPMW LYPVPME LYPDPMW LYPDPME LYPSPMW LYPSPME LYPAPMW LYPAPME LYSPMW LYSPME LYSPPMW LYSPPME LYSSPMW LYSSPME LYSNPMW LYSNPME LYIPMW LYIPME LYIFPMW LYIFPME LYIHPMW LYIHPME LYISPMW LYISPME LYILPMW LYILPME LYRPMW LYRPME LYRBPMW LYRBPME LYRCPMW LYRCPME LYLPMW LYLPME LYLTPMW LYLTPME LYWPMN LYBPMN LYPPMN LYPVPMN LYPDPMN LYPSPMN LYPAPMN LYSPMN LYSPPMN LYSSPMN LYSNPMN LYIPMN LYIFPMN LYIHPMN LYISPMN LYILPMN LYRPMN LYRBPMN LYRCPMN LYLPMN LYLTPMN LYLOPMW LYLMPMW LYLFPMW LYLOPME LYLMPME LYLFPME LYLOPMN LYLMPMN LYLFPMN LYLSPMW LYLSPME LYLSPMN LYLWPMW LYLWPME LYLWPMN 1 2 3 Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 2 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 3 Social Security(OASDI)3 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation MIDWEST: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 169 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 7. Private Industry Workers by Census Region and Division West 1 Cost per Hour Worked Quarterly, Q1 2004-present West Mountain Pacific LYPWE (881-) LYPWM LYWPWE(881-) LYWPWM LYBPWE(881-) LYBPWM LYPPWE LYPPWM LYPVPWE LYPVPWM LYPDPWE LYPDPWM LYPSPWE LYPSPWM LYPAPWE LYPAPWM LYSPWE LYSPWM LYSPPWE LYSPPWM LYSSPWE LYSSPWM LYSNPWE LYSNPWM LYIPWE LYIPWM LYIFPWE LYIFPWM LYIHPWE LYIHPWM LYISPWE LYISPWM LYILPWE LYILPWM LYRPWE LYRPWM LYRBPWE LYRBPWM LYRCPWE LYRCPWM LYLPWE LYLPWM LYLTPWE LYLTPWM LYPWP LYWPWP LYBPWP LYPPWP LYPVPWP LYPDPWP LYPSPWP LYPAPWP LYSPWP LYSPPWP LYSSPWP LYSNPWP LYIPWP LYIFPWP LYIHPWP LYISPWP LYILPWP LYRPWP LYRBPWP LYRCPWP LYLPWP LYLTPWP LYLOPWE LYLMPWE LYLFPWE LYLOPWM LYLMPWM LYLFPWM LYLOPWP LYLMPWP LYLFPWP LYLSPWE LYLSPWM LYLSPWP LYLWPWE LYLWPWM LYLWPWP Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 2 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 3 Social Security(OASDI)3 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 WEST: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. 2 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 3 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 170 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 8. Private Industry Workers by Establishment Employment Size Cost per Hour Worked Quarterly, Q1 2004-present 1-99 workers 1-49 workers 50-99 workers (901-) LYP1A LYP1 LYWP1 (901-) LYWP1A LYBP1 (901-) LYBP1A LYPP1 LYPP1A LYPVP1 LYPVP1A LYPDP1 LYPDP1A LYPSP1 LYPSP1A LYPAP1 LYPAP1A LYSP1 LYSP1A LYSPP1 LYSPP1A LYSSP1 LYSSP1A LYSNP1 LYSNP1A LYIP1 LYIP1A LYIFP1 LYIFP1A LYIHP1 LYIHP1A LYISP1 LYISP1A LYILP1 LYILP1A LYRP1 LYRP1A LYRBP1 LYRBP1A LYRCP1 LYRCP1A LYLP1 LYLP1A LYLTP1 LYLTP1A LYP1B LYWP1B LYBP1B LYPP1B LYPVP1B LYPDP1B LYPSP1B LYPAP1B LYSP1B LYSPP1B LYSSP1B LYSNP1B LYIP1B LYIFP1B LYIHP1B LYISP1B LYILP1B LYRP1B LYRBP1B LYRCP1B LYLP1B LYLTP1B LYLOP1 LYLOP1A LYLOP1B LYLMP1 LYLFP1 LYLMP1A LYLFP1A LYLMP1B LYLFP1B LYLSP1 LYLSP1A LYLSP1B LYLWP1 LYLWP1A LYLWP1B Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 171 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 8. Private Industry Workers by Establishment Employment Size Cost per Hour Worked Quarterly, Q1 2004-present 100 workers or more 100-499 workers (901-) LYP3 LYP2 LYWP2 (901-) LYWP3 LYBP2 (901-) LYBP3 LYPP2 LYPP3 LYPVP2 LYPVP3 LYPDP2 LYPDP3 LYPSP2 LYPSP3 LYPAP2 LYPAP3 LYSP2 LYSP3 LYSPP2 LYSPP3 LYSSP2 LYSSP3 LYSNP2 LYSNP3 LYIP2 LYIP3 LYIFP2 LYIFP3 LYIHP2 LYIHP3 LYISP2 LYISP3 LYILP2 LYILP3 LYRP2 LYRP3 LYRBP2 LYRBP3 LYRCP2 LYRCP3 LYLP2 LYLP3 LYLTP2 LYLTP3 500 workers or more (901-) LYP4 (901-) LYWP4 (901-) LYBP4 LYPP4 LYPVP4 LYPDP4 LYPSP4 LYPAP4 LYSP4 LYSPP4 LYSSP4 LYSNP4 LYIP4 LYIFP4 LYIHP4 LYISP4 LYILP4 LYRP4 LYRBP4 LYRCP4 LYLP4 LYLTP4 LYLOP2 LYLOP3 LYLOP4 LYLMP2 LYLFP2 LYLMP3 LYLFP3 LYLMP4 LYLFP4 LYLSP2 LYLSP3 LYLSP4 LYLWP2 LYLWP3 LYLWP4 (901-) (901-) (901-) Total compensation Wages and salaries Total benefits Paid leave Vacation Holiday Sick Other Supplemental pay Overtime and premium 1 Shift differentials Nonproduction bonuses Insurance Life Health Short-term disability Long-term disability Retirement and savings Defined benefit Defined contribution Legally required benefits Social Security and medicare 2 Social Security (OASDI) 2 Medicare Federal unemployment insurance State unemployment insurance Workers' compensation 1 Includes premium pay for work in addition to the regular work schedule (such as overtime, weekends, and holidays). 2 The total employer's cost for Social Security is comprised of an OASDI portion and a Medicare portion. OASDI is the acronym for Old-Age, Survivors, and Disability Insurance. © Haver Analytics Vol 1: E&E - 172 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 9. Private Industry Workers Goods-Producing and Service-Providing by Occupational Group Total Compensation (Wages/Salaries + Benefit Costs) Cost per Hour Worked Quarterly, Q1 2004-present Total Compensation LYP (861-) LYPOM Wages and Salaries LYWP (861-) LYBP LYWPOM LYPOE (861-) LYWPOE LYPOC LYPOF LYPOL LYPOA LYWPOC LYWPOF (881-) LYWPOL (861-) LYWPOA LYPOS LYPON (861-) (941-) LYWPOS LYWPON Benefit Costs (861-) All workers in private LYBPOM (861-) LYBPOE LYBPOC LYBPOF (881-) LYBPOL (861-) LYBPOA (941-) LYBPOS LYBPON (861-) LYPOX LYPOI LYWPOX LYWPOI LYBPOX LYBPOI LYPOP LYWPOP LYBPOP LYPOR LYPOT LYWPOR LYWPOT LYBPOR LYBPOT LYPIG (861-) LYWPIG (861-) LYBPIG LYPIGOM LYWPIGOM LYBPIGOM LYPIGOF LYPIGON LYWPIGOF LYWPIGON LYBPIGOF LYBPIGON LYPIGOP LYWPIGOP LYBPIGOP industry Management, professional and related (861-) Management, business and financial Professional and related Sales and office (881-) Sales and related (861-) Office & administrative support (861-) Service Nat resources, construction and maintenance Construction & extraction Installation, maintenance and repair Production, transportation and material moving Production Transportation and material moving (861-) All workers, goods-producing industries 1 Management, professional and related Sales and office Natural resources, construction and maintenance Production, transportation and material moving Please see footnotes on the next page. © Haver Analytics Vol 1: E&E - 173 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 9. Private Industry Workers Goods-Producing and Service-Providing by Occupational Group Total Compensation (Wages/Salaries + Benefit Costs) Cost per Hour Worked Quarterly, Q1 2004-present Total Wages and Compensation Salaries LYPIS (861-) LYWPIS Benefit Costs (861-) LYBPIS LYPISOM LYWPISOM LYBPISOM LYPISOF LYPISOS LYPISON LYWPISOF LYWPISOS LYWPISON LYBPISOF LYBPISOS LYBPISON LYPISOP LYWPISOP LYBPISOP All workers,service providing industries 2 Management, professional and related Sales and office Services Nat resources,construction and maintenance Production, transportation and material moving (861-) 1 Goods producing includes mining, construction, and manufacturing. The agriculture, forestry, farming and hunting sector is excluded. 2 Service providing includes utilities; wholesale and retail trade; transportation and warehousing, information, finance and insurance, real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration. © Haver Analytics Vol 1: E&E - 174 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 9. Private Industry Workers Goods-Producing and Service-Providing by Occupational Group Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Paid Leave Supplemental Pay Insurance LYPP LYSP LYIP LYPPOM LYSPOM LYIPOM LYPPOE LYSPOE LYIPOE LYPPOC LYPPOF LYPPOL LYPPOA LYSPOC LYSPOF LYSPOL LYSPOA LYIPOC LYIPOF LYIPOL LYIPOA LYPPOS LYPPON LYSPOS LYSPON LYIPOS LYIPON LYPPOX LYPPOI LYSPOX LYSPOI LYIPOX LYIPOI LYPPOP LYSPOP LYIPOP LYPPOR LYPPOT LYSPOR LYSPOT LYIPOR LYIPOT LYPPIG LYSPIG LYIPIG LYPPIGOM LYSPIGOM LYIPIGOM LYPPIGOF LYPPIGON LYSPIGOF LYSPIGON LYIPIGOF LYIPIGON LYPPIGOP LYSPIGOP LYIPIGOP © Haver Analytics All workers in private industry Management, professional and related Management, business and financial Professional and related Sales and office Sales and related Office and administrative support Service Natural resources,construction and maintenance Construction and extraction Installation, maintenance and repair Production, transportation and material moving Production Transportation and material moving All workers, goods-producing industries 1 Management, professional and related Sales and office Nat resources, construction and maintenance Production, transportation and material moving Vol 1: E&E - 175 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 9. Private Industry Workers Goods-Producing and Service-Providing by Occupational Group Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Paid Leave Supplemental Pay Insurance LYPPIS LYSPIS LYIPIS LYPPISOM LYSPISOM LYIPISOM LYPPISOF LYPPISOS LYPPISON LYSPISOF LYSPISOS LYSPISON LYIPISOF LYIPISOS LYIPISON LYPPISOP LYSPISOP LYIPISOP All workers, service providing industries 2 Management, professional and related Sales and office Services Nat resources,construction and maintenance Production, transportation and material moving 1 Goods producing includes mining, construction, and manufacturing. The agriculture, forestry, farming and hunting sector is excluded. 2 Service providing includes utilities; wholesale and retail trade; transportation and warehousing, information, finance and insurance, real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration. © Haver Analytics Vol 1: E&E - 176 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 9. Private Industry Workers Goods-Producing and Service-Providing by Occupational Group Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Retirement & Savings Legally Required Benefits LYRP LYLPOM LYLP LYRPOE LYLPOE LYRPOC LYRPOF LYRPOL LYRPOA LYLPOC LYLPOF LYLPOL LYLPOA LYRPOS LYRPON LYLPOS LYLPON LYRPOX LYRPOI LYLPOX LYLPOI LYRPOP LYLPOP LYRPOR LYRPOT LYLPOR LYLPOT LYRPIG LYLPIG LYRPIGOM LYLPIGOM LYRPIGOF LYRPIGON LYLPIGOF LYLPIGON LYRPIGOP LYLPIGOP © Haver Analytics All workers in private industry Management, professional and related Management, business and financial Professional and related Sales and office Sales and related Office and administrative support Service Nat resources, construction and maintenance Construction & extraction Installation, maintenance and repair Production, transportation and material moving Production Transportation and material moving LYRPOM All workers, goods-producing industries 1 Management, professional and related Sales and office Nat resources, construction and maintenance Production, transportation and material moving Vol 1: E&E - 177 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 9. Private Industry Workers Goods-Producing and Service-Providing by Occupational Group Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Retirement & Savings Legally Required Benefits LYRPIS LYLPIS LYRPISOM LYLPISOM LYRPISOF LYRPISOS LYRPISON LYLPISOF LYLPISOS LYLPISON LYRPISOP LYLPISOP All workers,service-providing industries 2 Management, professional and related Sales and office Services Nat resources, construction and maintenance Production, transportation and material moving 1 Goods producing includes mining, construction, and manufacturing. The agriculture, forestry, farming and hunting sector is excluded. 2 Service providing includes utilities; wholesale and retail trade; transportation and warehousing, information, finance and insurance, real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration. © Haver Analytics Vol 1: E&E - 178 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Total Compensation LYPIG (861-) LYPIC (881-) LYPIM (861-) Table 10. Private Industry Workers Goods-Producing and Service-Providing by Industry Group Total Compensation (Wages/Salaries + Benefit Costs) Cost per Hour Worked Quarterly, Q1 2004-present Wages and Benefit Salaries Costs LYWPIG (861-) LYBPIG (861-) Goods-producing industries LYWPIC (881-) LYBPIC (881-) Construction LYWPIM (861-) LYBPIM (861-) Manufacturing LYPIS LYPIT LYWPIS LYWPIT (861-) LYPITW LYPITR LYPITP LYWPITW LYWPITR LYWPITP LYPITU LYWPITU LYPII LYWPII LYPIF (881-) LYWPIF LYPIFI LYWPIFI LYPIFC LYWPIFC LYPIFN LYWPIFN LYPIFR LYWPIFR LYPIB LYWPIB LYPIPT LYWPIPT LYPIAW LYWPIAW LYPID LYPIE LYPIJ LYWPID LYWPIE LYWPIJ LYPIH (941-) LYWPIH LYPIZ LYPIAF LYWPIZ LYWPIAF LYPIO LYWPIO 1 2 1 Service-providing industries2 Trade, transportation & utilities LYBPITW (941-) Wholesale trade LYBPITR Retail trade LYBPITP Transportation & warehousing LYBPITU Utilities LYBPII Information (881-) LYBPIF (881-) Financial activities LYBPIFI Finance and insurance LYBPIFC Credit intermediation and related activities LYBPIFN Insurance carriers and related activities LYBPIFR Real estate and rental and leasing LYBPIB Professional & business services LYBPIPT Professional and technical services LYBPIAW Administrative and waste services LYBPID Education & health services LYBPIE Educational services LYBPIJ Junior colleges, colleges and universities (941-) LYBPIH (941-) Health care and social assistance LYBPIZ Leisure & hospitality LYBPIAF Accommodation and food services LYBPIO Other services (861-) LYBPIS LYBPIT (861-) Goods-producing includes mining, construction, and manufacturing. The agriculture, forestry, farming and hunting sector is excluded. Service-providing includes utilities; wholesale and retail trade; transportation and warehousing, information, finance and insurance, real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration. © Haver Analytics Vol 1: E&E - 179 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Paid Leave LYPPIG LYPPIC LYPPIM LYPPIS LYPPIT LYPPITW LYPPITR LYPPITP LYPPITU LYPPII LYPPIF LYPPIFI LYPPIFC LYPPIFN LYPPIFR LYPPIB LYPPIPT LYPPIAW LYPPID LYPPIE LYPPIJ LYPPIH LYPPIZ LYPPIAF LYPPIO 1 2 Table 10. Private Industry Workers Goods-Producing and Service-Providing y Industry Group Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Supplemental Insurance Pay LYSPIG LYIPIG Goods-producing industries 1 LYSPIC LYIPIC Construction LYSPIM LYIPIM Manufacturing LYSPIS LYIPIS Service-providing industries 2 LYSPIT LYIPIT Trade, transportation & utilities LYSPITW LYIPITW Wholesale trade LYSPITR LYIPITR Retail trade LYSPITP LYIPITP Transportation & warehousing LYSPITU LYIPITU Utilities LYSPII LYIPII Information LYSPIF LYIPIF Financial activities LYSPIFI LYIPIFI Finance and insurance LYSPIFC LYIPIFC Credit intermediation and related activities LYSPIFN LYIPIFN Insurance carriers and related activities LYSPIFR LYIPIFR Real estate and rental and leasing LYSPIB LYIPIB Professional & business services LYSPIPT LYIPIPT Professional and technical services LYSPIAW LYIPIAW Administrative and waste services LYSPID LYIPID Education & health services LYSPIE LYIPIE Educational services LYSPIJ LYIPIJ Junior colleges, colleges and universities LYSPIH LYIPIH Health care and social assistance LYSPIZ LYIPIZ Leisure & hospitality LYSPIAF LYIPIAF Accommodation and food services LYSPIO LYIPIO Other services Goods-producing includes mining, construction, and manufacturing. The agriculture, forestry, farming and hunting sector is excluded. Service-providing includes utilities; wholesale and retail trade; transportation and warehousing, information, finance and insurance, real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration. © Haver Analytics Vol 1: E&E - 180 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Retirement & Savings LYRPIG LYRPIC LYRPIM LYRPIS LYRPIT LYRPITW LYRPITR LYRPITP LYRPITU LYRPII LYRPIF LYRPIFI LYRPIFC LYRPIFN LYRPIFR LYRPIB LYRPIPT LYRPIAW LYRPID LYRPIE LYRPIJ LYRPIH LYRPIZ LYRPIAF LYRPIO 1 2 Table 10. Private Industry Workers Goods-Producing and Service-Providing y Industry Group Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Legally Required Benefits LYLPIG Goods-producing industries 1 LYLPIC Construction LYLPIM Manufacturing LYLPIS Service-providing industries 2 LYLPIT Trade, transportation & utilities LYLPITW Wholesale trade LYLPITR Retail trade LYLPITP Transportation & warehousing LYLPITU Utilities LYLPII Information LYLPIF Financial activities LYLPIFI Finance and insurance LYLPIFC Credit intermediation and related activities LYLPIFN Insurance carriers and related activities LYLPIFR Real estate and rental and leasing LYLPIB Professional & business services LYLPIPT Professional and technical services LYLPIAW Administrative and waste services LYLPID Education & health services LYLPIE Educational services LYLPIJ Junior colleges, colleges and universities LYLPIH Health care and social assistance LYLPIZ Leisure & hospitality LYLPIAF Accommodation and food services LYLPIO Other services Goods-producing includes mining, construction, and manufacturing. The agriculture, forestry, farming and hunting sector is excluded. Service-providing includes utilities; wholesale and retail trade; transportation and warehousing, information, finance and insurance, real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration. © Haver Analytics Vol 1: E&E - 181 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 11. Private Industry Workers by Occupational Group and Full-Time and Part-Time Status Total Compensation (Wages/Salaries + Benefit Costs) Cost per Hour Worked Quarterly, Q1 2004-present Total Wages and Benefit Compensation Salaries Costs (931-) LYWPF (931-) LYBPF LYPF LYPFOM LYPFOE LYPFOC LYPFOF LYPFOL LYPFOA LYPFOS LYPFON LYPFOX LYPFOI LYPFOP LYPFOR LYPFOT LYPT LYPTOM LYPTOC LYPTOF LYPTOL LYPTOA LYPTOS LYPTOP LYPTOT All full-time workers in private industry LYWPFOM LYBPFOM Management, professional and related LYWPFOE LYBPFOE Management, business and financial LYWPFOC LYBPFOC Professional and related LYWPFOF LYBPFOF Sales and office (931-) LYWPFOL (931-) LYBPFOL (931-) Sales and related (931-) LYWPFOA (931-) LYBPFOA (931-) Office and administrative support (931-) LYWPFOS (931-) LYBPFOS (931-) Service LYWPFON LYBPFON Natural resources, construction and maintenance LYWPFOX LYBPFOX Construction and extraction LYWPFOI LYBPFOI Installation, maintenance and repair LYWPFOP LYBPFOP Production, transportation and material moving LYWPFOR LYBPFOR Production LYWPFOT LYBPFOT Transportation and material moving (931-) LYWPT All part-time workers in private industry LYWPTOM LYBPTOM Management, professional and related LYWPTOC LYBPTOC Professional and related LYWPTOF LYBPTOF Sales and office (931-) LYWPTOL (931-) LYBPTOL (931-) Sales and related (931-) LYWPTOA (931-) LYBPTOA (931-) Office and administrative support (931-) LYWPTOS (931-) LYBPTOS (931-) Service LYWPTOP LYBPTOP Production, transportation and material moving LYWPTOT LYBPTOT Transportation and material moving © Haver Analytics (931-) LYBPT (931-) (931-) Vol 1: E&E - 182 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 11. Private Industry Workers by Occupational Group and Full-Time and Part-Time Status Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Paid Leave Supplemental Pay Insurance LYPPF LYSPF LYIPF LYPPFOM LYSPFOM LYIPFOM LYPPFOE LYSPFOE LYIPFOE LYPPFOC LYPPFOF LYPPFOL LYPPFOA LYSPFOC LYSPFOF LYSPFOL LYSPFOA LYIPFOC LYIPFOF LYIPFOL LYIPFOA LYPPFOS LYPPFON LYSPFOS LYSPFON LYIPFOS LYIPFON LYPPFOX LYPPFOI LYSPFOX LYSPFOI LYIPFOX LYIPFOI LYPPFOP LYSPFOP LYIPFOP LYPPFOR LYPPFOT LYSPFOR LYSPFOT LYIPFOR LYIPFOT LYPPT LYSPT LYIPT LYPPTOM LYSPTOM LYIPTOM LYPPTOC LYPPTOF LYPPTOL LYPPTOA LYSPTOC LYSPTOF LYSPTOL LYSPTOA LYIPTOC LYIPTOF LYIPTOL LYIPTOA LYPPTOS LYPPTOP LYSPTOS LYSPTOP LYIPTOS LYIPTOP LYPPTOT LYSPTOT LYIPTOT © Haver Analytics All full-time workers in private industry Management, professional and related Management, business and financial Professional and related Sales and office Sales and related Office and administrative support Service Natural resources,construction and maintenance Construction and extraction Installation, maintenance and repair Production, transportation and material moving Production Transportation and material moving All part-time workers in private industry Management, professional and related Professional and related Sales and office Sales and related Office and administrative support Service Production, transportation and material moving Transportation and material moving Vol 1: E&E - 183 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 11. Private Industry Workers by Occupational Group and Full-Time and Part-Time Status Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Retirement & Savings Legally Required Benefits LYRPF LYLPF LYRPFOM LYLPFOM LYRPFOE LYLPFOE LYRPFOC LYRPFOF LYRPFOL LYRPFOA LYLPFOC LYLPFOF LYLPFOL LYLPFOA LYRPFOS LYRPFON LYLPFOS LYLPFON LYRPFOX LYRPFOI LYLPFOX LYLPFOI LYRPFOP LYLPFOP LYRPFOR LYRPFOT LYLPFOR LYLPFOT LYRPT LYLPT LYRPTOM LYLPTOM LYRPTOC LYRPTOF LYRPTOL LYRPTOA LYLPTOC LYLPTOF LYLPTOL LYLPTOA LYRPTOS LYRPTOP LYLPTOS LYLPTOP LYRPTOT LYLPTOT © Haver Analytics All full-time workers in private industry Management, professional and related Management, business and financial Professional and related Sales and office Sales and related Office and administrative support Service Natural resources,construction and maintenance Construction and extraction Installation, maintenance and repair Production, transportation and material moving Production Transportation and material moving All part-time workers in private industry Management, professional and related Professional and related Sales and office Sales and related Office and administrative support Service Production, transportation and material moving Transportation and material moving Vol 1: E&E - 184 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 12. Private Industry Workers By Industry Group and Full-Time and Part-Time Status Total Compensation (Wages/Salaries + Benefit Costs) Cost per Hour Worked Quarterly, Q1 2004-present Total Wages and Compensation Salaries LYPF (931-) LYPFIG (951-) LYWPF Benefit Costs (931-) LYBPF LYWPFIG (951-) LYBPFIG LYPFIC (951-) LYWPFIC (951-) LYBPFIC LYPFIM (951-) LYWPFIM (951-) LYBPFIM LYPFIS (931-) LYWPFIS (931-) LYBPFIS LYPFIT LYWPFIT LYBPFIT LYPFII LYPFIF LYPFIB LYWPFII LYBPFII LYWPFIB LYBPFIB LYPFID LYWPFID LYBPFID LYPFIZ LYPFIO LYWPFIZ LYWPFIO LYBPFIZ LYBPFIO LYPT (951-) LYWPFIF (951-) LYBPFIF (931-) LYPTIS (931-) LYWPT (931-) LYBPT All full-time workers in private industry (951-) Goods-producing industries 1 (951-) Construction (951-) Manufacturing (931-) Service-providing industries2 Trade, transportation & utilities Information (951-) Financial activities Professional & business services Education & health services Leisure & hospitality Other services (931-) (931-) LYWPTIS (931-) LYBPTIS (931-) LYPTIT LYWPTIT LYBPTIT LYPTIB LYWPTIB LYBPTIB LYPTID LYWPTID LYBPTID LYPTIZ LYWPTIZ LYBPTIZ All part-time workers in private industry Service-providing industries2 Trade, transportation & utilities Professional & business services Education & health services Leisure & hospitality 1 Goods-producing includes mining, construction, and manufacturing. The agriculture, forestry, farming and hunting sector is excluded. 2 Service-providing includes utilities; wholesale and retail trade; transportation and warehousing, information, finance and insurance, real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration. © Haver Analytics Vol 1: E&E - 185 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 12. Private Industry Workers By Industry Group and Full-Time and Part-Time Status Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Paid Leave Supplemental Pay Insurance LYPPF LYSPF LYIPF LYPPFIG LYPPFIC LYPPFIM LYPPFIS LYPPFIT LYSPFIG LYSPFIC LYSPFIM LYSPFIS LYSPFIT LYIPFIG LYIPFIC LYIPFIM LYIPFIS LYIPFIT LYPPFII LYPPFIF LYPPFIB LYSPFII LYSPFIF LYSPFIB LYIPFII LYIPFIF LYIPFIB LYPPFID LYSPFID LYIPFID LYPPFIZ LYPPFIO LYSPFIZ LYSPFIO LYIPFIZ LYIPFIO LYPPT LYSPT LYIPT LYPPTIS LYPPTIT LYSPTIS LYSPTIT LYIPTIS LYIPTIT LYPPTIB LYSPTIB LYIPTIB LYPPTID LYSPTID LYIPTID LYPPTIZ LYSPTIZ LYIPTIZ All full-time workers in private industry Goods-producing industries 1 Construction Manufacturing Service-providing industries Trade, transportation & utilities Information Financial activities Professional & business services Education & health services Leisure & hospitality Other services All part-time workers in private industry Service-providing industries Trade, transportation & utilities Professional & business services Education & health services Leisure & hospitality 2 2 1 Goods-producing includes mining, construction, and manufacturing. The agriculture, forestry, farming and hunting sector is excluded. 2 Service-providing includes utilities; wholesale and retail trade; transportation and warehousing, information, finance and insurance, real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration. © Haver Analytics Vol 1: E&E - 186 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 12. Private Industry Workers By Industry Group and Full-Time and Part-Time Status Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Retirement & Savings Legally Required Benefits LYRPF LYLPF LYRPFIG LYRPFIC LYRPFIM LYRPFIS LYRPFIT LYLPFIG LYLPFIC LYLPFIM LYLPFIS LYLPFIT LYRPFII LYRPFIF LYRPFIB LYLPFII LYLPFIF LYLPFIB LYRPFID LYLPFID LYRPFIZ LYRPFIO LYLPFIZ LYLPFIO LYRPT LYLPT LYRPTIS LYRPTIT LYLPTIS LYLPTIT LYRPTIB LYLPTIB LYRPTID LYLPTID LYRPTIZ LYLPTIZ All full-time workers in private industry Goods-producing industries 1 Construction Manufacturing Service-providing industries Trade, transportation & utilities Information Financial activities Professional & business services Education & health services Leisure & hospitality Other services All part-time workers in private industry Service-providing industries Trade, transportation & utilities Professional & business services Education & health services Leisure & hospitality 2 2 1 Goods-producing includes mining, construction, and manufacturing. The agriculture, forestry, farming and hunting sector is excluded. 2 Service-providing includes utilities; wholesale and retail trade; transportation and warehousing, information, finance and insurance, real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration. © Haver Analytics Vol 1: E&E - 187 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 13. Private Industry Workers By Major Industry Group and Establishment Size and Bargaining Status Total Compensation (Wages/Salaries + Benefit Costs) Cost per Hour Worked Quarterly, Q1 2004-present Total Compensation Wages and Salaries Benefit Costs LYPIG LYWPIG LYBPIG (861-) LYPIG1 (901-) LYPIG1A LYPIG1B LYPIG2 (901-) LYPIG3 (901-) LYPIG4 (901-) LYPIGU LYPIGN LYPIS (861-) LYPIS1 (901-) LYPIS1A LYPIS1B LYPIS2 (901-) LYPIS3 (901-) LYPIS4 (901-) LYPISU LYPISN © Haver Analytics (861-) LYWPIG1 (901-) LYWPIG1A LYWPIG1B LYWPIG2 (901-) LYWPIG3 (901-) LYWPIG4 (901-) LYWPIGU LYWPIGN LYWPIS (861-) LYWPIS1 (901-) LYWPIS1A LYWPIS1B LYWPIS2 (901-) LYWPIS3 (901-) LYWPIS4 (901-) LYWPISU LYWPISN (861-) LYBPIG1 (901-) LYBPIG1A LYBPIG1B LYBPIG2 (901-) LYBPIG3 (901-) LYBPIG4 LYBPIGU LYBPIGN LYBPIS (861-) LYBPIS1 (901-) LYBPIS1A LYBPIS1B LYBPIS2 (901-) LYBPIS3 (901-) LYBPIS4 (901-) LYBPISU LYBPISN Vol 1: E&E - 188 All workers, goods-producing industries 1-99 workers 1-49 workers 50-99 workers 100 workers or more 100-499 workers 500 workers or more Union Nonunion All workers,service-providing industries 1-99 workers 1-49 workers 50-99 workers 100 workers or more 100-499 workers 500 workers or more Union Nonunion 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 13. Private Industry Workers By Major Industry Group and Establishment Size and Bargaining Status Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Paid Leave Supplemental Pay Insurance LYPPIG LYSPIG LYIPIG LYPPIG1 LYPPIG1A LYPPIG1B LYPPIG2 LYPPIG3 LYPPIG4 LYPPIGU LYPPIGN LYSPIG1 LYSPIG1A LYSPIG1B LYSPIG2 LYSPIG3 LYSPIG4 LYSPIGU LYSPIGN LYIPIG1 LYIPIG1A LYIPIG1B LYIPIG2 LYIPIG3 LYIPIG4 LYIPIGU LYIPIGN LYPPIS LYSPIS LYIPIS LYPPIS1 LYPPIS1A LYPPIS1B LYPPIS2 LYPPIS3 LYPPIS4 LYPPISU LYPPISN LYSPIS1 LYSPIS1A LYSPIS1B LYSPIS2 LYSPIS3 LYSPIS4 LYSPISU LYSPISN LYIPIS1 LYIPIS1A LYIPIS1B LYIPIS2 LYIPIS3 LYIPIS4 LYIPISU LYIPISN © Haver Analytics All workers, goods-producing industries 1-99 workers 1-49 workers 50-99 workers 100 workers or more 100-499 workers 500 workers or more Union Nonunion All workers, service-providing industries 1-99 workers 1-49 workers 50-99 workers 100 workers or more 100-499 workers 500 workers or more Union Nonunion Vol 1: E&E - 189 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 13. Private Industry Workers By Major Industry Group and Establishment Size and Bargaining Status Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Retirement & Savings Legally Required Benefits LYRPIG LYLPIG LYRPIG1 LYRPIG1A LYRPIG1B LYRPIG2 LYRPIG3 LYRPIG4 LYRPIGU LYRPIGN LYLPIG1 LYLPIG1A LYLPIG1B LYLPIG2 LYLPIG3 LYLPIG4 LYLPIGU LYLPIGN LYRPIS LYLPIS LYRPIS1 LYRPIS1A LYRPIS1B LYRPIS2 LYRPIS3 LYRPIS4 LYRPISU LYRPISN LYLPIS1 LYLPIS1A LYLPIS1B LYLPIS2 LYLPIS3 LYLPIS4 LYLPISU LYLPISN © Haver Analytics All workers, goods-producing industries 1-99 workers 1-49 workers 50-99 workers 100 workers or more 100-499 workers 500 workers or more Union Nonunion All workers, service-providing industries 1-99 workers 1-49 workers 50-99 workers 100 workers or more 100-499 workers 500 workers or more Union Nonunion Vol 1: E&E - 190 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 14. Health Care and Social Assistance Workers by Industry and Occupational Group Total Compensation (Wages/Salaries + Benefit Costs) Cost per Hour Worked Quarterly, Q1 2004-present Total Wages and Compensation Salaries LYPIH (941-) LYWPIH Benefit Costs (941-) LYBPIH (941-) LYPIHOM LYWPIHOM LYBPIHOM LYPIHOG LYPIHOF LYPIHOS LYWPIHOG LYWPIHOF LYWPIHOS LYBPIHOG LYBPIHOF LYBPIHOS LYPHP LYPHPOM LYWPHP LYWPHPOM LYBPHP (941-) LYBPHPOM LYPHPOG LYPHPOS LYWPHPOG LYWPHPOS LYBPHPOG LYBPHPOS LYPHN LYWPHN LYBPHN LYPHNOM LYWPHNOM LYBPHNOM LYPHNOS LYWPHNOS LYBPHNOS © Haver Analytics Health care and social assistance Management, professional and related Registered nurses Sales and office Service Hospitals Management, professional and related Registered nurses Service Nursing and residential care facilities Management, professional and related Service Vol 1: E&E - 191 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 14. Health Care and Social Assistance Workers by Industry and Occupational Group Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Paid Leave Supplemental Pay Insurance LYPPIH LYSPIH LYIPIH LYPPIHOM LYSPIHOM LYIPIHOM LYPPIHOG LYPPIHOF LYPPIHOS LYSPIHOG LYSPIHOF LYSPIHOS LYIPIHOG LYIPIHOF LYIPIHOS LYPPHP LYPPHPOM LYSPHP LYSPHPOM LYIPHP LYIPHPOM LYPPHPOG LYPPHPOS LYSPHPOG LYSPHPOS LYIPHPOG LYIPHPOS LYPPHN LYSPHN LYIPHN LYPPHNOM LYSPHNOM LYIPHNOM LYPPHNOS LYSPHNOS LYIPHNOS © Haver Analytics Health care and social assistance Management, professional and related Registered nurses Sales and office Service Hospitals Management, professional and related Registered nurses Service Nursing and residential care facilities Management, professional and related Service Vol 1: E&E - 192 9/30/10 Employer Costs for Employee Compensation by NAICS & SOC (continued) Table 14. Health Care and Social Assistance Workers by Industry and Occupational Group Breakdown of Benefit Costs Cost per Hour Worked Quarterly, Q1 2004-present Retirement & Savings Legally Required Benefits LYRPIH LYLPIH LYRPIHOM LYLPIHOM LYRPIHOG LYRPIHOF LYRPIHOS LYLPIHOG LYLPIHOF LYLPIHOS LYRPHP LYRPHPOM LYLPHP LYLPHPOM LYRPHPOG LYRPHPOS LYLPHPOG LYLPHPOS LYRPHN LYLPHN LYRPHNOM LYLPHNOM LYRPHNOS LYLPHNOS © Haver Analytics Health care and social assistance Management, professional and related Registered nurses Sales and office Service Hospitals Management, professional and related Registered nurses Service Nursing and residential care facilities Management, professional and related Service Vol 1: E&E - 193 9/30/10 © Haver Analytics Vol 1: E&E - 194 9/30/10 Business Employment Dynamics 1 Thous Jobs Private Sector Gross Job Gains and Losses by Industry (Tables 1,2 & 3) Seasonally Adjusted, Quarterly, Q3 1992-present Percent of Employment LJBD LJBG LJBGE LJBGO LJBL LJBLK LJBLC LRJBD LRJBG LRJBGE LRJBGO LRJBL LRJBLK LRJBLC Net change in private sector jobs Gross job gains at expanding establishments at opening establishments Gross job losses at contracting establishments at closing establishments LJBGD LJBGG LJBGEG LJBGOG LJBLG LJBLKG LJBLCG LRJBGD LRJBGG LRJBGEG LRJBGOG LRJBLG LRJBLKG LRJBLCG Goods-producing Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBAD LJBGA LJBGEA LJBGOA LJBLA LJBLKA LJBLCA LRJBAD LRJBGA LRJBGEA LRJBGOA LRJBLA LRJBLKA LRJBLCA Natural resources and mining Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBVD LJBGV LJBGEV LJBGOV LJBLV LJBLKV LJBLCV LRJBVD LRJBGV LRJBGEV LRJBGOV LRJBLV LRJBLKV LRJBLCV Construction Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments 1 1 The net change in private sector jobs is the difference between total gross job gains and total gross job losses. Gross job gains and gross job losses are expressed as rates by dividing their levels by the average of total private employment in the current and previous quarters. This differs from the traditional calculation of a percentage rate (which would divide only by previous quarter employment) and provides a symmetric treatment of the growth of opening and closing establishments. The rates are calculated for the components of gross job gains and gross job losses and then summed to form their respective totals. These rates can be added and subtracted just as their levels can. The difference between the gross job gains rate and the gross job losses rate is the net growth rate. © Haver Analytics Vol 1: E&E - 195 9/30/10 Business Employment Dynamics 1 Thous Jobs Private Sector Gross Job Gains and Losses by Industry (Tables 1,2 & 3) Seasonally Adjusted, Quarterly, Q3 1992-present Percent of Employment LJBD LJBG LJBGE LJBGO LJBL LJBLK LJBLC LRJBD LRJBG LRJBGE LRJBGO LRJBL LRJBLK LRJBLC Net change in private sector jobs Gross job gains at expanding establishments at opening establishments Gross job losses at contracting establishments at closing establishments LJBGD (1023-)LRJBGD (1023-) LJBGG LRJBGG LJBGEG LRJBGEG LJBGOG LRJBGOG LJBLG LRJBLG LJBLKG LRJBLKG LJBLCG LRJBLCG Goods-producing Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBAD (1023-)LRJBAD (1023-) LJBGA LRJBGA LJBGEA LRJBGEA LJBGOA LRJBGOA LJBLA LRJBLA LJBLKA LRJBLKA LJBLCA LRJBLCA Natural resources and mining Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBVD (1023-)LRJBVD (1023-) LJBGV LRJBGV LJBGEV LRJBGEV LJBGOV LRJBGOV LJBLV LRJBLV LJBLKV LRJBLKV LJBLCV LRJBLCV Construction Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments 1 1 The net change in private sector jobs is the difference between total gross job gains and total gross job losses. Gross job gains and gross job losses are expressed as rates by dividing their levels by the average of total private employment in the current and previous quarters. This differs from the traditional calculation of a percentage rate (which would divide only by previous quarter employment) and provides a symmetric treatment of the growth of opening and closing establishments. The rates are calculated for the components of gross job gains and gross job losses and then summed to form their respective totals. These rates can be added and subtracted just as their levels can. The difference between the gross job gains rate and the gross job losses rate is the net growth rate. © Haver Analytics Vol 1: E&E - 196 9/30/10 Business Employment Dynamics 1 Private Sector Gross Job Gains and Losses by Industry (Tables 1,2 & 3) Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJBMD LJBGM LJBGEM LJBGOM LJBLM LJBLKM LJBLCM LRJBMD LRJBGM LRJBGEM LRJBGOM LRJBLM LRJBLKM LRJBLCM Manufacturing Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBSD LJBGS LJBGES LJBGOS LJBLS LJBLKS LJBLCS LRJBSD LRJBGS LRJBGES LRJBGOS LRJBLS LRJBLKS LRJBLCS Service-providing 2 Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBWD LJBGW LJBGEW LJBGOW LJBLW LJBLKW LJBLCW LRJBWD LRJBGW LRJBGEW LRJBGOW LRJBLW LRJBLKW LRJBLCW Wholesale trade Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBRD LJBGR LJBGER LJBGOR LJBLR LJBLKR LJBLCR LRJBRD LRJBGR LRJBGER LRJBGOR LRJBLR LRJBLKR LRJBLCR Retail trade Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments 2 Service-providing industries include unclassified sector not shown separately. © Haver Analytics Vol 1: E&E - 197 9/30/10 Business Employment Dynamics 1 Private Sector Gross Job Gains and Losses by Industry (Tables 1,2 & 3) Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJBTD LJBGT LJBGET LJBGOT LJBLT LJBLKT LJBLCT LRJBTD LRJBGT LRJBGET LRJBGOT LRJBLT LRJBLKT LRJBLCT Transportation and warehousing Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBUD LJBGU LJBGEU LJBGOU LJBLU LJBLKU LJBLCU LRJBUD LRJBGU LRJBGEU LRJBGOU LRJBLU LRJBLKU LRJBLCU Utilities Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBID LJBGI LJBGEI LJBGOI LJBLI LJBLKI LJBLCI LRJBID LRJBGI LRJBGEI LRJBGOI LRJBLI LRJBLKI LRJBLCI Information Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBFD LJBGF LJBGEF LJBGOF LJBLF LJBLKF LJBLCF LRJBFD LRJBGF LRJBGEF LRJBGOF LRJBLF LRJBLKF LRJBLCF Financial activities Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBPD LJBGP LJBGEP LJBGOP LJBLP LJBLKP LJBLCP LRJBPD LRJBGP LRJBGEP LRJBGOP LRJBLP LRJBLKP LRJBLCP Professional and business services Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments © Haver Analytics Vol 1: E&E - 198 9/30/10 Business Employment Dynamics 1 Private Sector Gross Job Gains and Losses by Industry (Tables 1,2 & 3) Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJBBD LJBGB LJBGEB LJBGOB LJBLB LJBLKB LJBLCB LRJBBD LRJBGB LRJBGEB LRJBGOB LRJBLB LRJBLKB LRJBLCB Education and health services Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBLD LJBGL LJBGEL LJBGOL LJBLL LJBLKL LJBLCL LRJBLD LRJBGL LRJBGEL LRJBGOL LRJBLL LRJBLKL LRJBLCL Leisure and hospitality Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments LJBHD LJBGH LJBGEH LJBGOH LJBLH LJBLKH LJBLCH LRJBHD LRJBGH LRJBGEH LRJBGOH LRJBLH LRJBLKH LRJBLCH Other services Net employment change Gross job gains at expanding establishment at opening establishments Gross job losses at contracting establishments at closing establishments Source: Bureau of Labor Statistics © Haver Analytics Vol 1: E&E - 199 9/30/10 Business Employment Dynamics, continued Number of Private Sector Establishments By Direction of Employment Change (Table C) Variable Thousands, Seasonally Adjusted Quarterly, Q3 1992-present 1 LJED Net establishment change LJEG LJEGE LJEGO Establishments gaining jobs Expanding establishments Opening establishments LJEL LJELK LJELC Establishments losing jobs Contracting establishments Closing establishments 1 The net establishment change is the difference between the number of opening establishments and the number of closing establishments. © Haver Analytics Vol 1: E&E - 200 9/30/10 Business Employment Dynamics, continued Private Sector Gross Job Gains and Losses Firm Size Class Quarterly Data Table 1. Total (Calculated Using Firm-Level Data) Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJFD LJFG LJFGE LJFGO LJFL LJFLK LJFLC LRJFD LRJFG LRJFGE LRJFGO LRJFL LRJFLK LRJFLC Net change in private sector jobs Gross job gains Expanding firms Opening firms Gross job losses Contracting firms Closing firms Table 2. Firm Size Class 1-4 Employees Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJFD1 LJFG1 LJFGE1 LJFGO1 LJFL1 LJFLK1 LJFLC1 LRJFD1 LRJFG1 LRJFGE1 LRJFGO1 LRJFL1 LRJFLK1 LRJFLC1 Net change in private sector jobs Gross job gains Expanding firms Opening firms Gross job losses Contracting firms Closing firms Table 3. Firm Size Class 5-9 Employees Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJFD2 LJFG2 LJFGE2 LJFGO2 LJFL2 LJFLK2 LJFLC2 LRJFD2 LRJFG2 LRJFGE2 LRJFGO2 LRJFL2 LRJFLK2 LRJFLC2 © Haver Analytics Net change in private sector jobs Gross job gains Expanding firms Opening firms Gross job losses Contracting firms Closing firms Vol 1: E&E - 201 9/30/10 Business Employment Dynamics, continued Private Sector Gross Job Gains and Losses Firm Size Class Quarterly Data Table 4. Firm Size Class 10-19 Employees Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJFD3 LJFG3 LJFGE3 LJFGO3 LJFL3 LJFLK3 LJFLC3 LRJFD3 LRJFG3 LRJFGE3 LRJFGO3 LRJFL3 LRJFLK3 LRJFLC3 Net change in private sector jobs Gross job gains Expanding firms Opening firms Gross job losses Contracting firms Closing firms Table 5. Firm Size Class 20-49 Employees Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJFD4 LJFG4 LJFGE4 LJFGO4 LJFL4 LJFLK4 LJFLC4 LRJFD4 LRJFG4 LRJFGE4 LRJFGO4 LRJFL4 LRJFLK4 LRJFLC4 Net change in private sector jobs Gross job gains Expanding firms Opening firms Gross job losses Contracting firms Closing firms Table 6. Firm Size Class 50-99 Employees Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJFD5 LJFG5 LJFGE5 LJFGO5 LJFL5 LJFLK5 LJFLC5 LRJFD5 LRJFG5 LRJFGE5 LRJFGO5 LRJFL5 LRJFLK5 LRJFLC5 © Haver Analytics Net change in private sector jobs Gross job gains Expanding firms Opening firms Gross job losses Contracting firms Closing firms Vol 1: E&E - 202 9/30/10 Business Employment Dynamics, continued Private Sector Gross Job Gains and Losses Firm Size Class Quarterly Data Table 7. Firm Size Class 100-249 Employees Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJFD6 LJFG6 LJFGE6 LJFGO6 LJFL6 LJFLK6 LJFLC6 LRJFD6 LRJFG6 LRJFGE6 LRJFGO6 LRJFL6 LRJFLK6 LRJFLC6 Net change in private sector jobs Gross job gains Expanding firms Opening firms Gross job losses Contracting firms Closing firms Table 8. Firm Size Class 250-499 Employees Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJFD7 LJFG7 LJFGE7 LJFGO7 LJFL7 LJFLK7 LJFLC7 LRJFD7 LRJFG7 LRJFGE7 LRJFGO7 LRJFL7 LRJFLK7 LRJFLC7 Net change in private sector jobs Gross job gains Expanding firms Opening firms Gross job losses Contracting firms Closing firms Table 9. Firm Size Class 500-999 Employees Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJFD8 LJFG8 LJFGE8 LJFGO8 LJFL8 LJFLK8 LJFLC8 LRJFD8 LRJFG8 LRJFGE8 LRJFGO8 LRJFL8 LRJFLK8 LRJFLC8 © Haver Analytics Net change in private sector jobs Gross job gains Expanding firms Opening firms Gross job losses Contracting firms Closing firms Vol 1: E&E - 203 9/30/10 Business Employment Dynamics, continued Private Sector Gross Job Gains and Losses Firm Size Class Quarterly Data Table 10. Firm Size Class 1,000 or more Employees Seasonally Adjusted, Quarterly, Q3 1992-present Thous Jobs Percent of Employment LJFD9 LJFG9 LJFGE9 LJFGO9 LJFL9 LJFLK9 LJFLC9 LRJFD9 LRJFG9 LRJFGE9 LRJFGO9 LRJFL9 LRJFLK9 LRJFLC9 © Haver Analytics Net change in private sector jobs Gross job gains Expanding firms Opening firms Gross job losses Contracting firms Closing firms Vol 1: E&E - 204 9/30/10 PRODUCTIVITY AND COSTS Seasonally adjusted, 1992=100 Quarterly, 1947-present: Annual (append an "A"), 1947-present To obtain the quarterly percent change compounded at an annual rate from the underlying data, append the letter "P" to the variable listed below. For the percent change from the corresponding quarter of the previous year, please append "PY" Annual series (based on the not seasonally adjusted underlying data) are accessed by affixing an A to a listed code: AY results in a yearover-year percent change. Business Nonfarm Business LXBA LXBO LXBH LXBC LXBR LXBU LXBN LXBI LXNFA LXNFO LXNFH LXNFC LXNFR LXNFU LXNFN LXNFI Output per hour of all persons Output Hours of all persons Compensation per hour 1 Real compensation per hour 2 Unit labor costs Unit non-labor payments 3 Implicit price deflator 4 LXBS LXBF LXBY LXBB LXBM LXBD LXBW LXNFS LXNFF LXNFY LXNFB LXNFM LXNFD LXNFW Output per person Compensation Nonlabor payments Labor share Employment Current dollar output Average weekly hours Mfg Durable Goods Nondurable Goods LXMA LXMO LXMH LXMC LXMR LXMU LXMDA LXMDO LXMDH LXMDC LXMDR LXMDU LXMNA LXMNO LXMNH LXMNC LXMNR LXMNU Output per hour of all persons Output Hours of all persons Compensation per hour 1 Real compensation per hour 2 Unit labor costs LXMS LXMF LXMM LXMW LXMDS LXMDF LXMDM LXMDW LXMNS LXMNF LXMNM LXMNW Output per person Compensation Employment verage weekly hours Please see footnotes on the next page. © Haver Analytics Vol 1: PRO - 1 5/30/08 PRODUCTIVITY AND COSTS: Nonfinancial Corporate Sector Quarterly, 1958-present: Annual, 1959-present (Append an A) Affix the suffix P for quarterly percent changes or affix PY for the % change from the corresponding quarter of the previous year. AY results in a year/year percent change. Variable LXNCA LXNCO LXNCE LXNCC LXNCR LXNCU LXNCN LXNCT LXNCP LXNCI Output per hour of all employees Output Hours of all employees Compensation per hour 1 Real compensation per hour 2 Unit labor costs Unit nonlabor costs 5 Total unit costs Unit profits 6 Implicit price deflator 4 LXNCS LXNCF LXNCY LXNCB LXNCM LXNCD LXNCG LXNCW Output per person Compensation Nonlabor payments Labor share Employment Current dollar output Profits Average weekly hours Source: U.S. Department of Labor. "Productivity and Costs." Bureau of Labor Statistics. 1 Wages and salaries of employees plus employers' contributions for social insurance and private benefit plans. Except for nonfinancial corporations, where there are no self-employed, data also include an estimate of wages, salaries and supplemental payments for the self-employed. 2 Compensation per hour adjusted for changes in the CPI-U 3 Unit nonlabor payments include profits, capital consumption allowances, interest, rental income of persons and indirect taxes. 4 Current dollar gross product divided by the output index. 5 Unit nonlabor cost includes capital consumption allowances, interest, rental income of persons and indirect taxes. 6 Unit profits include corporate profits with inventory valuation and capital consumption adjustments. Note: Additional annual series on productivity (by 2 & 3-digit SIC) are stored in the INDUSTRY database. (Vol III) © Haver Analytics Vol 1: PRO - 2 5/30/08 MULTIFACTOR PRODUCTIVITY Annual, 1948-present Note: To obtain the percent change from the previous year, append the letter "P" to the variable code listed below. Private Business 2000=100 1 Private Nonfarm Business 2000=100 1 MFPBP MFPBOH MFPBOK MFPNFP MFPNFOH MFPNFOK Productivity Multifactor productivity 2 Output per hour of all persons Output per unit of capital services MFPBO MFPNFO Output MFPBL MFPBKS MFPBI MFPBKH MFPNFL MFPNFKS MFPNFI MFPNFKH Inputs: Labor input 4 Capital services 5 Combined units of labor & capital inputs Capital services per hour of all persons MFPBIA MFPBIE MFPBQ MFPBQC MFPBQS MFPBQM MFPBQO MFPBIS MFPBIR MFPBII MFPBIL MFPNFIA MFPNFIE MFPNFQ MFPNFQC MFPNFQS MFPNFQM MFPNFQO MFPNFIS MFPNFIR MFPNFII MFPNFIL Real capital inputs All assets Equipment All information eqpt & software(IPES) Computers and related equipment Software Communication equipment Other IPES Structures Rental residential capital Inventories Land 3 6 Footnotes on overleaf © Haver Analytics Vol 1: PRO - 3 5/30/08 MULTIFACTOR PRODUCTIVITY (continued) Manufacturing MFPMP MFPMOH MFPMOK MFPMO (49-) (49-) (49-) (49-) MFPML MFPMKS MFPME MFPMML MFPMBS MFPMF (49-) (49-) (49-) (49-) (49-) (49-) 1 2 3 4 5 6 7 8 9 Inputs (2000=100) Hours at work of all persons Capital services 5 Energy Non-energy materials Purchased business services Combined units of all factor inputs 9 Real capital inputs (2000=100) All assets Equipment All information eqpt & software(IPES) Computers and related equipment Software Communication equipment Other IPES Structures Inventories Land MFPMIA MFPMIE MFPMQ MFPMQC MFPMQS MFPMQM MFPMQO MFPMIS MFPMII MFPMIL Source: Productivity (2000=100) Multifactor productivity 7 Output per hour of all persons Output per unit of capital services Output 8 Department of Labor. Bureau of Labor Statistics The private business sector includes all of GDP except the output of general government, government enterprises, nonprofit institutions, the rental value of owner-occupied real estate and the output of paid employees of private households. The private nonfarm business sector also excludes farms but includes agricultural services. Output per unit of combined labor and capital inputs. GDP originating in the sector, superlative chained index. Index of hours at work of all persons including employees, proprietors and unpaid family workers classified by education, work experience and gender. This superlative chain index is computed by combining changes in the hours of each education, experience and gender group weighted by each group's share of labor compensation. A measure of the flow of capital services used in the sector. Labor input combined with capital input, using labor's & capital's shares of costs as weights to form a superlative chain index. Sectoral output per combined units of capital, hours and intermediate inputs. Manufacturing gross output excluding transactions between manufacturing establishments, superlative chained index. Combined units of capital services, hours, energy, nonenergy materials & purchased business services, superlative chained index. © Haver Analytics Vol 1: PRO - 4 5/30/08 RESEARCH and DEVELOPMENT Performance by Sector Millions of dollars Annual, 1953-present Current Dollars 2000 Dollars RD RDF RDI RDU RDR RDN RDC RDFC RDIC RDUC RDRC RDNC United States (total) Federal government Industry Universities & colleges U & C FFRDCs 1 Nonprofit institutions Sources of Research & Development Funds RD RDG RDY RDV RDP 1 RDC RDGC RDYC RDVC RDPC United States (total) Federal government Industry Universities and colleges Nonprofit institutions University & College Federally Funded R & D Centers © Haver Analytics Vol 1: PRO - 5 5/30/08 RESEARCH and DEVELOPMENT (continued) Source by Sector Performance Millions of dollars Annual, 1953-present Variable RDF Funds used by the Federal government Source of these funds: Federal government RDF RDI Funds used by industry Sources of these funds: Federal government 1 Industry 2 RDGI RDYI RDU RDGU RDYU RDVU RDNU Funds used by universities & colleges Sources of these funds: Federal government Industry Universities & colleges Nonprofit institutions RDR Funds used by university & college FFRDCs RDN Funds used by other nonprofit organizations Sources of these funds: Federal government 1 Industry Nonprofit institutions RDGN RDYN RDNN Source: National Science Foundation. Resources. 3 National Patterns of R&D 1 For 1953-54, expenditures of industry FFRDCs were not separated out from total Federal support to the industrial sector. Thus, the figure for Federal support to industry includes support to FFRDCs for those two years. The same is true for expenditures of nonprofit FFRDCs, which is included in Federal support for nonprofit institutions in 1953-54. 2 Industry sources of industry R&D expenditures include all non-Federal sources of industry R&D expenditures. 3 Includes all R&D expenditures of FFRDCs administered by academic institutions. In 1994, 99% of total funds were from Federal sources. © Haver Analytics Vol 1: PRO - 6 5/30/08 RESEARCH and DEVELOPMENT (continued) U.S. Patent Statistics Units Annual, 1901-present NSA Applications PAPT PAPUTIL PAPDES PAPPLAN (30-) (30-) Total (excl reissue) Utility 1 Design 2 Plant 3 Grants PGRT PGRUTIL PGRDES PGRPLAN PGRRE (63-) (31-) (63-) Total Utility 1 Design 2 Plant 3 Reissue 1 Utility patents include chemical, electrical, and mechanical applications. 2 The patent laws provide for the granting of design patents to any person wh