“The inflation outlook is now much less of a concern,” said Paul Ashworth, international economist at Capital Economics Ltd. in London. At the same time, “the weakness in the real economy is intensifying.”

                        Bloomberg Survey

================================================================
                        Release    Period    Prior     Median
Indicator                 Date               Value    Forecast
================================================================
Empire Manu. Index        9/15     Sept.      2.8       1.0
Ind. Prod. MOM%           9/15      Aug.      0.2%     -0.3%
Cap. Util. %              9/15      Aug.     79.9%     79.6%
CPI  MOM%                 9/16      Aug.      0.8%     -0.1%
Core CPI MOM%             9/16      Aug.      0.3%      0.2%
CPI  YOY%                 9/16      Aug.      5.6%      5.5%
Core CPI YOY%             9/16      Aug.      2.5%      2.6%
Core CPI SA Index         9/16      Aug.    216.230     n/a
CPI NSA Index             9/16      Aug.    219.964   219.340
Net Long Term TICS $ Bl   9/16      July      53.4      55.0
Total TICS $ Blns         9/16      July      51.1      40.0
NAHB Housing Index        9/16     Sept.       16        17
ABC Conf Index            9/16    Sept. 15    -47       -43
Housing Starts ,000's     9/17      Aug.      965       950
Building Permits ,000's   9/17      Aug.      937       925
Current Account $ Blns    9/17       2Q      -176.4    -180.0
Initial Claims ,000's     9/18    Sept. 6     445       440
Cont. Claims ,000's       9/18    Aug. 30     3525      3528
Philly Fed Index          9/18     Sept.     -12.7     -10.0
LEI  MOM%                 9/18      Aug.     -0.7%     -0.2%
======================================================================