Home > Monetary Policy > Monetary Policy Report to the Congress > Monetary Policy Report, July 21, 2010 - Part 1: Overview: Monetary Policy and the Economic Outlook > Monetary Policy Report, July 21, 2010 - Part 2: Recent Financial and Economic Developments

Board of Governors of the Federal Reserve System

Accessible versions of figures in Part 2

Table data presented with the Monetary Policy Report submitted to the Congress on July 21, 2010, pursuant to section 2B of the Federal Reserve Act

Figure 1. Change in Real Gross Domestic Product, 2004-10

Percent, annual rate

Period	Change in real GDP
2004:H1	2.86
2004:H2	3.24
2005:H1	2.88
2005:H2	2.58
2006:H1	3.38
2006:H2	1.52
2007:H1	2.21
2007:H2	2.86
2008:H1	0.36
2008:H2	-4.03
2009:H1	-3.63
2009:H2	3.88
2010:Q1	2.74

Note: Here and in subsequent figures, except as noted, change for a given period is measured to its final quarter from the final quarter of the preceding period.

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 2. Change in the Chain-Type Price Index for Personal Consumption Expenditures, 2004-10

Percent

Period	Total	Excluding food and energy
January 2004	2.17	1.76
February 2004	2.00	1.85
March 2004	1.94	1.91
April 2004	2.29	2.03
May 2004	2.81	2.08
June 2004	3.04	2.24
July 2004	2.91	2.20
August 2004	2.64	2.16
September 2004	2.49	2.18
October 2004	2.92	2.19
November 2004	3.18	2.25
December 2004	3.00	2.25
January 2005	2.72	2.30
February 2005	2.77	2.34
March 2005	2.89	2.39
April 2005	3.05	2.27
May 2005	2.64	2.29
June 2005	2.35	2.13
July 2005	2.63	2.07
August 2005	3.02	2.10
September 2005	3.95	2.24
October 2005	3.73	2.35
November 2005	3.09	2.35
December 2005	3.00	2.32
January 2006	3.32	2.17
February 2006	3.06	2.09
March 2006	2.89	2.08
April 2006	2.97	2.22
May 2006	3.26	2.26
June 2006	3.41	2.40
July 2006	3.29	2.39
August 2006	3.22	2.54
September 2006	1.90	2.43
October 2006	1.49	2.37
November 2006	1.89	2.25
December 2006	2.30	2.30
January 2007	2.13	2.50
February 2007	2.43	2.58
March 2007	2.65	2.43
April 2007	2.45	2.30
May 2007	2.46	2.19
June 2007	2.42	2.16
July 2007	2.26	2.24
August 2007	2.00	2.16
September 2007	2.60	2.25
October 2007	3.25	2.36
November 2007	3.81	2.49
December 2007	3.71	2.59
January 2008	3.69	2.41
February 2008	3.54	2.31
March 2008	3.49	2.41
April 2008	3.51	2.47
May 2008	3.62	2.56
June 2008	4.13	2.62
July 2008	4.51	2.68
August 2008	4.41	2.65
September 2008	4.12	2.53
October 2008	3.23	2.26
November 2008	1.38	2.05
December 2008	0.59	1.80
January 2009	0.51	1.74
February 2009	0.62	1.78
March 2009	0.19	1.67
April 2009	0.05	1.74
May 2009	-0.25	1.61
June 2009	-0.37	1.52
July 2009	-0.88	1.34
August 2009	-0.59	1.27
September 2009	-0.61	1.22
October 2009	0.12	1.44
November 2009	1.45	1.51
December 2009	2.12	1.60
January 2010	2.12	1.49
February 2010	1.84	1.36
March 2010	2.06	1.37
April 2010	1.99	1.20
May 2010	1.89	1.26

Note: The data are monthly and extend through May 2010; changes are from one year earlier.

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 3. Real Personal Consumption Expenditures, 2004-10

Billions of chained (2005) dollars

Period	Personal consumption expenditures
January 2004	8421.82
February 2004	8428.78
March 2004	8462.32
April 2004	8460.06
May 2004	8515.12
June 2004	8474.47
July 2004	8523.77
August 2004	8538.75
September 2004	8605.00
October 2004	8624.95
November 2004	8640.18
December 2004	8697.55
January 2005	8692.33
February 2005	8724.14
March 2005	8740.49
April 2005	8802.20
May 2005	8763.84
June 2005	8842.81
July 2005	8896.20
August 2005	8867.81
September 2005	8832.73
October 2005	8852.83
November 2005	8887.23
December 2005	8925.38
January 2006	8961.45
February 2006	8987.49
March 2006	9010.94
April 2006	9027.21
May 2006	9033.92
June 2006	9044.01
July 2006	9089.60
August 2006	9070.43
September 2006	9112.10
October 2006	9159.11
November 2006	9166.67
December 2006	9219.08
January 2007	9254.45
February 2007	9261.95
March 2007	9279.01
April 2007	9288.33
May 2007	9294.27
June 2007	9291.90
July 2007	9309.76
August 2007	9344.80
September 2007	9352.19
October 2007	9353.20
November 2007	9373.14
December 2007	9364.33
January 2008	9357.28
February 2008	9337.37
March 2008	9354.05
April 2008	9362.99
May 2008	9349.63
June 2008	9340.30
July 2008	9283.97
August 2008	9281.18
September 2008	9237.97
October 2008	9210.35
November 2008	9218.40
December 2008	9157.11
January 2009	9210.59
February 2009	9218.94
March 2009	9198.11
April 2009	9180.82
May 2009	9185.05
June 2009	9201.26
July 2009	9216.82
August 2009	9304.40
September 2009	9236.54
October 2009	9262.54
November 2009	9293.42
December 2009	9312.44
January 2010	9317.32
February 2010	9359.44
March 2010	9400.09
April 2010	9399.61
May 2010	9425.01

Note: The data are monthly and extend through May 2010.

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 4. Personal Saving Rate, 1990-2010

Percent

Period	Personal saving rate
1990:Q1	6.40
1990:Q2	6.70
1990:Q3	6.40
1990:Q4	6.50
1991:Q1	7.00
1991:Q2	7.00
1991:Q3	6.80
1991:Q4	7.40
1992:Q1	7.40
1992:Q2	7.60
1992:Q3	7.00
1992:Q4	7.40
1993:Q1	5.60
1993:Q2	6.20
1993:Q3	5.40
1993:Q4	6.00
1994:Q1	4.60
1994:Q2	5.40
1994:Q3	5.30
1994:Q4	5.60
1995:Q1	6.10
1995:Q2	5.20
1995:Q3	5.00
1995:Q4	4.80
1996:Q1	4.90
1996:Q2	4.80
1996:Q3	5.00
1996:Q4	4.70
1997:Q1	4.60
1997:Q2	4.90
1997:Q3	4.40
1997:Q4	4.60
1998:Q1	5.80
1998:Q2	5.50
1998:Q3	5.20
1998:Q4	4.50
1999:Q1	4.30
1999:Q2	3.00
1999:Q3	2.40
1999:Q4	2.60
2000:Q1	3.10
2000:Q2	3.10
2000:Q3	3.10
2000:Q4	2.40
2001:Q1	2.80
2001:Q2	2.10
2001:Q3	4.20
2001:Q4	1.60
2002:Q1	4.00
2002:Q2	4.00
2002:Q3	3.10
2002:Q4	3.10
2003:Q1	3.10
2003:Q2	3.50
2003:Q3	3.60
2003:Q4	3.60
2004:Q1	3.20
2004:Q2	3.60
2004:Q3	3.30
2004:Q4	3.60
2005:Q1	1.60
2005:Q2	1.30
2005:Q3	1.20
2005:Q4	1.50
2006:Q1	2.20
2006:Q2	2.50
2006:Q3	2.30
2006:Q4	2.50
2007:Q1	2.00
2007:Q2	1.80
2007:Q3	1.60
2007:Q4	1.50
2008:Q1	1.20
2008:Q2	3.40
2008:Q3	2.20
2008:Q4	3.80
2009:Q1	3.70
2009:Q2	5.40
2009:Q3	3.90
2009:Q4	3.70
2010:Q1	3.50
2010:Q2	3.90

Note: The data are quarterly and extend through 2010:Q2; the reading for 2010:Q2 is the average for April and May.

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 5. Change in Real Disposable Personal Income and in Real Wage and Salary Disbursements, 2004-10

Percent, annual rate

Period	Real disposable personal income	Real wage and salary disbursements
2004	5.56	2.75
2005	-1.08	1.85
2006	4.36	5.02
2007	0.56	0.62
2008	0.99	-0.87
2009	0.37	-6.19
2010:H1	3.71	4.08

Note: Through 2009, change is from December to December; for 2010, change is from December to May.

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 6. Wealth-To-Income Ratio, 1990-2010

Period	Ratio
1990:Q1	4.85
1990:Q2	4.85
1990:Q3	4.69
1990:Q4	4.76
1991:Q1	4.86
1991:Q2	4.82
1991:Q3	4.83
1991:Q4	4.89
1992:Q1	4.78
1992:Q2	4.72
1992:Q3	4.73
1992:Q4	4.76
1993:Q1	4.87
1993:Q2	4.81
1993:Q3	4.87
1993:Q4	4.86
1994:Q1	4.85
1994:Q2	4.78
1994:Q3	4.79
1994:Q4	4.74
1995:Q1	4.79
1995:Q2	4.89
1995:Q3	4.98
1995:Q4	5.04
1996:Q1	5.08
1996:Q2	5.10
1996:Q3	5.10
1996:Q4	5.11
1997:Q1	5.08
1997:Q2	5.32
1997:Q3	5.44
1997:Q4	5.41
1998:Q1	5.58
1998:Q2	5.60
1998:Q3	5.34
1998:Q4	5.69
1999:Q1	5.74
1999:Q2	5.92
1999:Q3	5.79
1999:Q4	6.16
2000:Q1	6.16
2000:Q2	6.02
2000:Q3	5.97
2000:Q4	5.73
2001:Q1	5.47
2001:Q2	5.64
2001:Q3	5.26
2001:Q4	5.53
2002:Q1	5.44
2002:Q2	5.21
2002:Q3	4.99
2002:Q4	5.11
2003:Q1	5.07
2003:Q2	5.24
2003:Q3	5.27
2003:Q4	5.50
2004:Q1	5.59
2004:Q2	5.61
2004:Q3	5.60
2004:Q4	5.79
2005:Q1	5.95
2005:Q2	6.07
2005:Q3	6.19
2005:Q4	6.27
2006:Q1	6.38
2006:Q2	6.24
2006:Q3	6.25
2006:Q4	6.37
2007:Q1	6.33
2007:Q2	6.37
2007:Q3	6.31
2007:Q4	6.08
2008:Q1	5.79
2008:Q2	5.46
2008:Q3	5.23
2008:Q4	4.75
2009:Q1	4.48
2009:Q2	4.59
2009:Q3	4.86
2009:Q4	4.86
2010:Q1	4.91

Note: The data are quarterly and extend through 2010:Q1. The wealth-to-income ratio is the ratio of household net worth to disposable personal income.

Source: For net worth, Federal Reserve Board, flow of funds data; for income, Department of Commerce, Bureau of Economic Analysis.

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Figure 7. Consumer Sentiment Indexes, 2000-10

Data are plotted as two curves and are expressed as indexes (for the Conference Board data, 1985 = 100; for the Thomson Reuters/Michigan data, 1966 = 100). The Thomson Reuters/Michigan curve starts around 110 in early 2000, and the Conference Board curve starts slightly above 140. In late 2000, both curves begin a sharp decline, which generally continues, with moderate fluctuations, until early 2003, when the Conference Board curve temporarily drops to about 60, and the Thomson Reuters/Michigan curve reaches about 80. From mid-2003 through mid-2007, the Conference Board curve generally trends up and reaches about 110 in mid-2007, while the Thomson Reuters/Michigan curve generally fluctuates within a range of about 85 to 95. From mid-2007 through early 2009, the curves decline sharply, on net, with Conference Board reaching near 20 and Thomson Reuters/Michigan a bit below 60. The curves then increase through mid-2009 and level out, with some moderate fluctuation, a bit above 50 for Conference Board and around 70 for Thomson Reuters/Michigan. The last observation for the Conference Board curve (June) is about 53, while the last observation for the Thomson Reuters/Michigan curve (preliminary July) is about 67.

Note: The Conference Board data are monthly and extend through June 2010; the series is indexed to equal 100 in 1985. The Thomson Reuters/University of Michigan data are monthly and extend through a preliminary estimate for July 2010; the series is indexed to equal 100 in 1966.

Source: The Conference Board and Thomson Reuters/University of Michigan Surveys of Consumers.

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Figure 8. Household Debt Service, 1980-2010

Percent of disposable income

Period	Household debt service
1980:Q1	11.21
1980:Q2	11.19
1980:Q3	10.91
1980:Q4	10.61
1981:Q1	10.65
1981:Q2	10.78
1981:Q3	10.65
1981:Q4	10.70
1982:Q1	10.76
1982:Q2	10.80
1982:Q3	10.70
1982:Q4	10.64
1983:Q1	10.60
1983:Q2	10.61
1983:Q3	10.61
1983:Q4	10.67
1984:Q1	10.70
1984:Q2	10.84
1984:Q3	10.94
1984:Q4	11.07
1985:Q1	11.41
1985:Q2	11.50
1985:Q3	11.86
1985:Q4	11.97
1986:Q1	11.99
1986:Q2	12.08
1986:Q3	12.22
1986:Q4	12.38
1987:Q1	12.22
1987:Q2	12.38
1987:Q3	12.25
1987:Q4	12.08
1988:Q1	12.03
1988:Q2	12.01
1988:Q3	11.98
1988:Q4	11.85
1989:Q1	11.83
1989:Q2	12.02
1989:Q3	12.11
1989:Q4	12.12
1990:Q1	12.05
1990:Q2	12.02
1990:Q3	12.02
1990:Q4	12.03
1991:Q1	11.99
1991:Q2	11.83
1991:Q3	11.73
1991:Q4	11.53
1992:Q1	11.30
1992:Q2	11.14
1992:Q3	10.99
1992:Q4	10.81
1993:Q1	10.99
1993:Q2	10.80
1993:Q3	10.85
1993:Q4	10.73
1994:Q1	10.86
1994:Q2	10.86
1994:Q3	10.96
1994:Q4	11.06
1995:Q1	11.25
1995:Q2	11.47
1995:Q3	11.59
1995:Q4	11.67
1996:Q1	11.69
1996:Q2	11.73
1996:Q3	11.80
1996:Q4	11.87
1997:Q1	11.83
1997:Q2	11.86
1997:Q3	11.89
1997:Q4	11.85
1998:Q1	11.73
1998:Q2	11.76
1998:Q3	11.76
1998:Q4	11.81
1999:Q1	11.88
1999:Q2	12.03
1999:Q3	12.16
1999:Q4	12.13
2000:Q1	12.04
2000:Q2	12.20
2000:Q3	12.36
2000:Q4	12.59
2001:Q1	12.66
2001:Q2	12.86
2001:Q3	12.73
2001:Q4	13.10
2002:Q1	12.95
2002:Q2	13.01
2002:Q3	13.17
2002:Q4	13.24
2003:Q1	13.26
2003:Q2	13.21
2003:Q3	13.15
2003:Q4	13.20
2004:Q1	13.23
2004:Q2	13.20
2004:Q3	13.35
2004:Q4	13.31
2005:Q1	13.67
2005:Q2	13.79
2005:Q3	13.68
2005:Q4	13.77
2006:Q1	13.72
2006:Q2	13.79
2006:Q3	13.88
2006:Q4	13.88
2007:Q1	13.85
2007:Q2	13.89
2007:Q3	13.96
2007:Q4	13.93
2008:Q1	13.96
2008:Q2	13.51
2008:Q3	13.66
2008:Q4	13.62
2009:Q1	13.52
2009:Q2	13.09
2009:Q3	12.97
2009:Q4	12.70
2010:Q1	12.46

Note: The data are quarterly and extend through 2010:Q1. Debt service payments consist of estimated required payments on outstanding mortgage and consumer debt.

Source: Federal Reserve Board, "Household Debt Service and Financial Obligations Ratios," statistical release.

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Figure 9. Gross Issuance of Selected Asset-Backed Securities, 2007-10

Billions of dollars

Period	TALF consumer ABS	Non-TALF consumer ABS
January 2007	0.00	12.85
February 2007	0.00	23.09
March 2007	0.00	20.98
April 2007	0.00	14.38
May 2007	0.00	19.72
June 2007	0.00	27.07
July 2007	0.00	19.92
August 2007	0.00	13.30
September 2007	0.00	14.55
October 2007	0.00	29.48
November 2007	0.00	19.39
December 2007	0.00	8.44
January 2008	0.00	18.82
February 2008	0.00	12.00
March 2008	0.00	11.98
April 2008	0.00	18.96
May 2008	0.00	24.34
June 2008	0.00	18.04
July 2008	0.00	7.78
August 2008	0.00	9.77
September 2008	0.00	8.09
October 2008	0.00	0.00
November 2008	0.00	0.00
December 2008	0.00	0.00
January 2009	0.00	0.00
February 2009	0.00	1.94
March 2009	8.40	1.50
April 2009	3.02	6.60
May 2009	12.50	1.33
June 2009	12.78	6.91
July 2009	12.77	3.45
August 2009	6.94	1.32
September 2009	14.72	4.49
October 2009	3.39	2.52
November 2009	3.18	7.35
December 2009	2.65	4.25
January 2010	0.00	4.63
February 2010	0.86	6.82
March 2010	4.25	2.76
April 2010	0.00	4.64
May 2010	0.00	10.13
June 2010	0.00	5.02

Note: Consumer asset-backed securities (ABS) are securities backed by credit card loans, nonrevolving consumer loans, and auto loans. Data for consumer ABS show gross issuance facilitated by the Term Asset-Backed Securities Loan Facility (TALF) and such issuance outside the TALF.

Source: Bloomberg and the Federal Reserve Bank of New York.

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Figure 10. Private Housing Starts, 2000-10

Millions of units, annual rate

Period	Single-family	Multifamily
2000:Q1	1.28	0.38
2000:Q2	1.24	0.35
2000:Q3	1.19	0.31
2000:Q4	1.22	0.32
2001:Q1	1.26	0.35
2001:Q2	1.30	0.33
2001:Q3	1.28	0.32
2001:Q4	1.26	0.31
2002:Q1	1.36	0.36
2002:Q2	1.34	0.34
2002:Q3	1.34	0.36
2002:Q4	1.41	0.33
2003:Q1	1.41	0.32
2003:Q2	1.43	0.33
2003:Q3	1.52	0.37
2003:Q4	1.66	0.38
2004:Q1	1.56	0.36
2004:Q2	1.61	0.33
2004:Q3	1.64	0.34
2004:Q4	1.61	0.35
2005:Q1	1.70	0.37
2005:Q2	1.70	0.35
2005:Q3	1.75	0.35
2005:Q4	1.73	0.34
2006:Q1	1.74	0.38
2006:Q2	1.51	0.34
2006:Q3	1.39	0.31
2006:Q4	1.25	0.32
2007:Q1	1.17	0.29
2007:Q2	1.15	0.30
2007:Q3	0.98	0.31
2007:Q4	0.84	0.33
2008:Q1	0.73	0.32
2008:Q2	0.67	0.35
2008:Q3	0.60	0.27
2008:Q4	0.46	0.20
2009:Q1	0.36	0.17
2009:Q2	0.42	0.12
2009:Q3	0.50	0.09
2009:Q4	0.49	0.08
2010:Q1	0.52	0.09
2010:Q2	0.49	0.11

Note: The data are quarterly and extend through 2010:Q2.

Source: Department of Commerce, Bureau of the Census.

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Figure 11. Change in Prices of Existing Single-Family Houses, 1995-2010

Percent

Period	S&P/Case-Shiller ten-city index	FHFA index	LP price index
January 1995	1.47	2.28	1.62
February 1995	1.34	2.84	1.69
March 1995	0.86	2.33	1.82
April 1995	0.43	2.39	1.98
May 1995	0.14	2.24	2.01
June 1995	-0.13	2.37	2.02
July 1995	-0.18	2.57	2.33
August 1995	-0.22	2.67	2.41
September 1995	-0.18	2.80	2.53
October 1995	-0.31	2.59	2.54
November 1995	-0.36	2.57	2.51
December 1995	-0.40	3.01	2.53
January 1996	-0.34	3.29	2.78
February 1996	-0.26	2.98	3.13
March 1996	0.14	3.62	3.47
April 1996	0.63	3.41	3.52
May 1996	0.95	3.71	3.43
June 1996	1.09	3.40	3.38
July 1996	1.09	3.32	3.09
August 1996	1.15	2.99	2.90
September 1996	1.21	3.02	2.70
October 1996	1.42	3.04	2.64
November 1996	1.66	3.10	2.69
December 1996	1.88	2.97	2.76
January 1997	1.99	2.76	2.88
February 1997	2.01	2.81	2.90
March 1997	2.35	2.76	3.00
April 1997	2.50	2.91	2.92
May 1997	2.70	2.96	3.01
June 1997	3.18	2.92	3.27
July 1997	3.53	2.88	3.39
August 1997	3.89	3.21	3.63
September 1997	4.08	3.00	4.03
October 1997	4.43	3.49	4.40
November 1997	4.79	3.37	4.76
December 1997	5.36	3.47	5.04
January 1998	5.92	3.67	5.44
February 1998	6.60	4.18	6.41
March 1998	7.13	4.13	6.82
April 1998	7.53	4.22	6.99
May 1998	8.00	4.34	7.04
June 1998	8.45	4.82	6.97
July 1998	9.00	4.84	7.12
August 1998	9.34	4.92	7.34
September 1998	9.82	5.47	7.40
October 1998	9.74	5.23	7.49
November 1998	9.49	5.73	7.70
December 1998	9.12	5.81	7.63
January 1999	8.90	6.07	7.57
February 1999	8.84	5.70	6.85
March 1999	8.87	5.64	6.89
April 1999	9.28	5.83	7.13
May 1999	9.23	6.01	7.45
June 1999	9.27	5.89	7.63
July 1999	9.24	6.09	7.61
August 1999	9.32	6.20	7.64
September 1999	9.39	5.93	7.62
October 1999	9.67	6.31	7.73
November 1999	10.23	5.76	7.65
December 1999	10.79	6.03	7.90
January 2000	11.04	6.56	8.29
February 2000	11.42	6.04	8.98
March 2000	11.97	6.46	9.49
April 2000	12.38	6.52	9.77
May 2000	13.12	6.42	9.97
June 2000	13.39	6.64	9.95
July 2000	13.23	6.66	10.03
August 2000	13.11	6.52	9.97
September 2000	13.17	6.88	10.17
October 2000	13.47	6.65	10.19
November 2000	13.81	7.07	10.28
December 2000	14.12	7.01	10.07
January 2001	14.58	6.53	10.26
February 2001	14.52	7.21	10.30
March 2001	14.13	7.06	10.12
April 2001	13.39	7.06	9.71
May 2001	12.23	7.02	9.14
June 2001	11.31	6.89	8.85
July 2001	11.00	6.94	8.91
August 2001	10.83	6.98	8.77
September 2001	10.81	6.97	8.61
October 2001	10.48	6.94	8.58
November 2001	9.93	6.62	8.55
December 2001	8.88	6.81	8.27
January 2002	8.16	6.71	8.04
February 2002	7.80	6.66	7.85
March 2002	7.91	6.60	7.72
April 2002	8.49	6.54	7.83
May 2002	9.58	6.80	8.32
June 2002	10.61	6.91	8.64
July 2002	11.59	7.04	8.96
August 2002	12.34	7.19	9.23
September 2002	12.80	7.32	9.30
October 2002	13.49	7.47	9.13
November 2002	14.12	7.70	8.88
December 2002	15.00	7.71	9.17
January 2003	15.27	7.65	9.58
February 2003	15.38	7.72	9.51
March 2003	15.03	7.56	9.45
April 2003	14.46	7.56	9.46
May 2003	13.69	7.40	9.13
June 2003	12.76	7.28	8.85
July 2003	12.30	7.44	8.61
August 2003	12.09	7.45	8.83
September 2003	12.37	7.47	9.26
October 2003	12.55	7.37	9.77
November 2003	12.95	7.55	10.33
December 2003	13.43	7.71	10.96
January 2004	14.03	7.77	11.61
February 2004	14.79	7.94	12.23
March 2004	15.93	8.13	12.77
April 2004	17.16	8.19	13.61
May 2004	18.40	8.57	14.27
June 2004	19.87	8.94	14.97
July 2004	20.47	8.99	15.23
August 2004	20.40	8.97	15.23
September 2004	19.99	8.90	15.43
October 2004	19.62	9.18	15.76
November 2004	19.14	9.37	16.03
December 2004	18.70	9.36	16.26
January 2005	18.69	9.16	16.39
February 2005	18.84	8.95	16.59
March 2005	18.64	9.53	17.13
April 2005	18.03	9.70	17.05
May 2005	17.29	9.67	16.75
June 2005	16.39	9.48	16.48
July 2005	15.85	9.48	16.40
August 2005	15.78	9.36	16.46
September 2005	15.98	9.71	16.60
October 2005	16.13	9.43	16.37
November 2005	16.17	9.22	16.03
December 2005	15.93	8.96	15.62
January 2006	15.06	9.16	14.11
February 2006	14.05	8.75	12.69
March 2006	12.32	8.13	11.16
April 2006	11.10	7.69	9.78
May 2006	9.83	7.05	8.40
June 2006	8.35	6.40	6.77
July 2006	6.86	5.61	5.37
August 2006	5.33	5.21	4.27
September 2006	3.84	4.31	3.36
October 2006	2.59	4.07	2.81
November 2006	1.42	3.43	2.20
December 2006	0.22	2.93	1.62
January 2007	-0.52	2.73	-0.23
February 2007	-1.31	2.83	-1.50
March 2007	-1.82	2.76	-2.88
April 2007	-2.69	2.75	-3.10
May 2007	-3.39	2.28	-3.31
June 2007	-3.94	2.11	-3.26
July 2007	-4.36	1.43	-3.46
August 2007	-4.84	1.10	-4.04
September 2007	-5.50	0.50	-5.05
October 2007	-6.67	-0.47	-6.45
November 2007	-8.34	-1.25	-7.62
December 2007	-9.77	-1.79	-8.74
January 2008	-11.40	-3.22	-9.95
February 2008	-13.54	-2.97	-11.39
March 2008	-15.27	-4.01	-12.32
April 2008	-16.25	-4.83	-13.24
May 2008	-16.85	-5.13	-13.41
June 2008	-16.95	-5.48	-13.45
July 2008	-17.40	-5.77	-13.71
August 2008	-17.67	-6.64	-13.96
September 2008	-18.51	-7.21	-14.76
October 2008	-19.11	-7.51	-15.76
November 2008	-19.15	-8.76	-16.56
December 2008	-19.23	-8.64	-17.71
January 2009	-19.44	-6.87	-19.51
February 2009	-18.88	-6.77	-19.87
March 2009	-18.62	-7.27	-19.44
April 2009	-17.96	-6.91	-18.16
May 2009	-16.73	-5.83	-16.38
June 2009	-15.05	-5.06	-13.96
July 2009	-12.69	-4.12	-11.70
August 2009	-10.51	-3.82	-10.10
September 2009	-8.35	-3.25	-8.71
October 2009	-6.39	-2.08	-6.86
November 2009	-4.50	0.51	-4.81
December 2009	-2.42	-1.96	-2.67
January 2010	-0.05	-3.31	0.18
February 2010	1.45	-3.78	1.37
March 2010	3.14	-2.67	3.03
April 2010	4.61	-1.49	3.90
May 2010	ND	ND	3.26

Note: The data are monthly and extend into 2010:Q2; changes are from one year earlier. The LP price index includes purchase transactions only. The FHFA index (formerly calculated by the Office of Federal Housing Enterprise Oversight) also includes purchase transactions only. The S&P/Case-Shiller index reflects all arm's-length sales transactions in the metropolitan areas of Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco, and Washington, D.C.

Source: For LP, LoanPerformance, a division of First American CoreLogic; for FHFA, Federal Housing Finance Agency; for S&P/Case-Shiller, Standard & Poor's.

ND No data. Return to table

Return to text

Figure 12. Mortgage Delinquency Rates, 2000-10

Percent

Period	Subprime		Prime and near prime
Period	Fixed rate	Adjustable rate	Fixed rate	Adjustable rate
January 2000	6.03	7.04	1.16	2.51
February 2000	5.98	6.72	1.11	2.37
March 2000	5.95	6.82	1.00	2.24
April 2000	6.06	7.15	1.00	2.14
May 2000	5.88	6.50	0.98	2.10
June 2000	5.83	6.44	0.99	2.08
July 2000	6.16	6.76	1.01	2.14
August 2000	6.12	6.58	1.02	2.15
September 2000	6.71	7.21	1.06	2.22
October 2000	6.71	7.28	1.08	2.28
November 2000	6.75	7.39	1.12	2.33
December 2000	7.21	8.40	1.18	2.44
January 2001	7.36	8.57	1.20	2.49
February 2001	7.11	8.40	1.21	2.55
March 2001	7.16	8.43	1.13	2.41
April 2001	7.19	8.40	1.13	2.42
May 2001	7.10	8.51	1.13	2.45
June 2001	6.94	8.91	1.15	2.54
July 2001	7.08	8.98	1.18	2.59
August 2001	7.14	9.10	1.19	2.67
September 2001	7.45	9.70	1.24	2.67
October 2001	7.43	9.66	1.25	2.67
November 2001	7.71	9.48	1.30	2.72
December 2001	7.87	9.82	1.35	2.80
January 2002	6.87	9.35	1.37	2.79
February 2002	6.86	9.29	1.34	2.66
March 2002	6.77	8.90	1.25	2.49
April 2002	6.73	8.84	1.14	2.31
May 2002	6.90	8.39	1.10	2.20
June 2002	7.35	8.64	1.12	2.20
July 2002	7.75	8.56	1.12	2.13
August 2002	8.00	8.70	1.14	2.09
September 2002	8.56	8.89	1.19	2.10
October 2002	8.80	8.78	1.17	2.04
November 2002	9.03	8.84	1.19	2.08
December 2002	9.39	9.00	1.25	2.09
January 2003	9.32	9.08	1.28	2.08
February 2003	8.88	8.75	1.26	1.99
March 2003	8.33	8.34	1.21	1.90
April 2003	8.14	8.18	1.16	1.66
May 2003	7.97	8.00	1.17	1.62
June 2003	8.08	8.10	1.23	1.71
July 2003	7.92	8.07	1.26	1.78
August 2003	7.84	8.11	1.29	1.77
September 2003	7.72	8.10	1.36	1.76
October 2003	7.62	8.08	1.35	1.72
November 2003	7.59	8.11	1.40	1.73
December 2003	7.48	8.21	1.40	1.69
January 2004	7.37	7.96	1.43	1.66
February 2004	7.26	7.73	1.41	1.60
March 2004	6.57	7.18	1.31	1.46
April 2004	6.38	6.79	1.27	1.35
May 2004	6.31	6.54	1.27	1.32
June 2004	6.20	6.48	1.27	1.28
July 2004	6.30	6.45	1.36	1.31
August 2004	6.17	6.25	1.35	1.28
September 2004	6.05	6.14	1.38	1.26
October 2004	6.03	6.16	1.40	1.25
November 2004	6.10	6.20	1.43	1.26
December 2004	6.12	6.25	1.41	1.22
January 2005	6.14	6.27	1.31	1.10
February 2005	5.90	6.08	1.25	1.05
March 2005	5.61	5.77	1.15	0.97
April 2005	5.49	5.65	1.11	0.93
May 2005	5.35	5.51	1.09	0.91
June 2005	5.31	5.59	1.09	0.91
July 2005	5.39	5.79	1.09	0.88
August 2005	5.34	5.81	1.09	0.89
September 2005	5.45	6.10	1.12	0.91
October 2005	5.56	6.27	1.14	0.93
November 2005	5.84	6.71	1.29	1.03
December 2005	5.90	6.99	1.30	1.04
January 2006	5.91	7.21	1.31	1.11
February 2006	5.69	7.13	1.24	1.09
March 2006	5.38	6.84	1.15	1.02
April 2006	5.34	7.01	1.11	1.02
May 2006	5.18	6.95	1.08	1.03
June 2006	5.11	7.15	1.07	1.08
July 2006	5.21	7.65	1.08	1.16
August 2006	5.16	7.90	1.07	1.20
September 2006	5.23	8.42	1.08	1.30
October 2006	5.27	8.94	1.08	1.38
November 2006	5.41	9.48	1.10	1.50
December 2006	5.53	10.20	1.13	1.62
January 2007	5.52	10.65	1.13	1.71
February 2007	5.38	10.76	1.10	1.79
March 2007	5.20	10.88	1.04	1.80
April 2007	5.20	11.32	1.03	1.89
May 2007	5.29	11.94	1.03	2.09
June 2007	5.52	13.02	1.06	2.27
July 2007	5.83	14.29	1.10	2.44
August 2007	6.07	15.55	1.13	2.62
September 2007	6.53	17.18	1.20	2.86
October 2007	6.82	18.56	1.24	3.12
November 2007	7.23	20.33	1.33	3.47
December 2007	7.79	22.39	1.42	3.91
January 2008	8.18	23.92	1.50	4.26
February 2008	8.34	25.08	1.51	4.56
March 2008	8.50	26.02	1.51	4.88
April 2008	8.68	26.87	1.56	5.16
May 2008	8.88	27.69	1.62	5.46
June 2008	9.19	28.67	1.69	5.82
July 2008	9.40	29.32	1.79	6.08
August 2008	9.97	30.48	1.93	6.44
September 2008	10.39	31.32	2.09	6.80
October 2008	10.87	32.40	2.25	7.30
November 2008	11.77	33.94	2.47	7.85
December 2008	12.61	35.21	2.77	8.70
January 2009	13.35	36.47	3.02	9.49
February 2009	13.81	37.48	3.19	10.30
March 2009	14.07	38.20	3.34	11.03
April 2009	14.57	39.07	3.60	11.80
May 2009	15.17	39.95	3.75	12.38
June 2009	15.77	40.76	3.94	12.88
July 2009	16.40	41.53	4.15	13.29
August 2009	17.32	42.80	4.42	13.84
September 2009	18.25	44.06	4.64	14.34
October 2009	18.94	44.87	4.91	14.81
November 2009	19.84	45.86	5.21	15.54
December 2009	20.45	46.35	5.37	15.85
January 2010	20.95	46.58	5.53	16.09
February 2010	20.75	45.73	5.57	16.24
March 2010	20.16	44.34	5.40	15.84
April 2010	19.92	43.62	5.27	15.67
May 2010	ND	ND	5.17	15.45

Note: The data are monthly and extend through April 2010 for subprime and May 2010 for prime and near prime. Delinquency rate is the percent of loans 90 days or more past due or in foreclosure.

Source: For subprime, LoanPerformance, a division of First American CoreLogic; for prime and near prime, Lender Processing Services, Inc.

Return to text

Figure 13. Mortgage Interest Rates, 1995-2010

Percent

Period	Fixed rate	Adjustable rate
4 January 1995	9.22	6.83
11 January 1995	9.19	6.87
18 January 1995	9.05	6.82
25 January 1995	9.13	6.75
1 February 1995	8.94	6.75
8 February 1995	8.80	6.69
15 February 1995	8.84	6.66
22 February 1995	8.73	6.60
1 March 1995	8.53	6.51
8 March 1995	8.62	6.50
15 March 1995	8.38	6.44
22 March 1995	8.40	6.41
29 March 1995	8.38	6.37
5 April 1995	8.41	6.41
12 April 1995	8.37	6.38
19 April 1995	8.24	6.32
26 April 1995	8.26	6.30
3 May 1995	8.27	6.26
10 May 1995	7.87	6.12
17 May 1995	7.83	6.10
24 May 1995	7.85	6.06
31 May 1995	7.71	5.95
7 June 1995	7.51	5.86
14 June 1995	7.55	5.88
21 June 1995	7.53	5.84
28 June 1995	7.53	5.84
5 July 1995	7.63	5.86
12 July 1995	7.41	5.80
19 July 1995	7.60	5.81
26 July 1995	7.79	5.86
2 August 1995	7.82	5.89
9 August 1995	7.80	5.91
16 August 1995	7.94	5.95
23 August 1995	7.88	5.96
30 August 1995	7.76	5.86
6 September 1995	7.63	5.86
13 September 1995	7.60	5.80
20 September 1995	7.57	5.77
27 September 1995	7.62	5.77
4 October 1995	7.57	5.76
11 October 1995	7.50	5.75
18 October 1995	7.38	5.72
25 October 1995	7.45	5.73
1 November 1995	7.44	5.67
8 November 1995	7.37	5.64
15 November 1995	7.35	5.65
22 November 1995	7.35	5.61
29 November 1995	7.33	5.60
6 December 1995	7.18	5.53
13 December 1995	7.15	5.55
20 December 1995	7.23	5.64
27 December 1995	7.11	5.55
3 January 1996	7.02	5.46
10 January 1996	7.08	5.45
17 January 1996	7.02	5.48
24 January 1996	7.00	5.37
31 January 1996	7.02	5.37
7 February 1996	7.02	5.33
14 February 1996	6.94	5.19
21 February 1996	7.32	5.34
28 February 1996	7.41	5.38
6 March 1996	7.38	5.40
13 March 1996	7.83	5.55
20 March 1996	7.81	5.60
27 March 1996	7.69	5.62
3 April 1996	7.78	5.62
10 April 1996	8.05	5.80
17 April 1996	7.95	5.75
24 April 1996	7.92	5.74
1 May 1996	7.99	5.76
8 May 1996	8.24	5.80
15 May 1996	8.08	5.78
22 May 1996	8.01	5.75
29 May 1996	8.03	5.76
5 June 1996	8.30	5.86
12 June 1996	8.39	5.91
19 June 1996	8.30	5.93
26 June 1996	8.29	5.98
3 July 1996	8.14	5.94
10 July 1996	8.42	6.01
17 July 1996	8.23	5.97
24 July 1996	8.19	6.01
31 July 1996	8.23	5.98
7 August 1996	7.88	5.89
14 August 1996	7.88	5.81
21 August 1996	7.93	5.79
28 August 1996	8.09	5.75
4 September 1996	8.34	5.85
11 September 1996	8.28	5.90
18 September 1996	8.14	5.83
25 September 1996	8.16	5.82
2 October 1996	8.06	5.70
9 October 1996	7.86	5.68
16 October 1996	7.88	5.62
23 October 1996	7.86	5.57
30 October 1996	7.78	5.60
6 November 1996	7.67	5.56
13 November 1996	7.59	5.52
20 November 1996	7.53	5.48
27 November 1996	7.52	5.50
4 December 1996	7.44	5.47
11 December 1996	7.57	5.52
18 December 1996	7.74	5.53
25 December 1996	7.64	5.57
1 January 1997	7.67	5.56
8 January 1997	7.85	5.54
15 January 1997	7.87	5.57
22 January 1997	7.85	5.57
29 January 1997	7.88	5.55
5 February 1997	7.74	5.51
12 February 1997	7.65	5.52
19 February 1997	7.56	5.45
26 February 1997	7.65	5.49
5 March 1997	7.84	5.54
12 March 1997	7.84	5.61
19 March 1997	7.94	5.71
26 March 1997	7.97	5.71
2 April 1997	8.18	5.80
9 April 1997	8.15	5.91
16 April 1997	8.16	5.89
23 April 1997	8.08	5.86
30 April 1997	8.01	5.84
7 May 1997	7.94	5.82
14 May 1997	7.91	5.78
21 May 1997	7.92	5.80
28 May 1997	7.94	5.83
4 June 1997	7.85	5.78
11 June 1997	7.72	5.67
18 June 1997	7.61	5.66
25 June 1997	7.58	5.66
2 July 1997	7.62	5.67
9 July 1997	7.47	5.53
16 July 1997	7.47	5.55
23 July 1997	7.43	5.54
30 July 1997	7.36	5.49
6 August 1997	7.46	5.53
13 August 1997	7.54	5.56
20 August 1997	7.46	5.56
27 August 1997	7.58	5.62
3 September 1997	7.53	5.58
10 September 1997	7.53	5.59
17 September 1997	7.38	5.53
24 September 1997	7.28	5.51
1 October 1997	7.31	5.52
8 October 1997	7.26	5.49
15 October 1997	7.34	5.55
22 October 1997	7.35	5.55
29 October 1997	7.21	5.46
5 November 1997	7.24	5.48
12 November 1997	7.23	5.53
19 November 1997	7.18	5.48
26 November 1997	7.17	5.47
3 December 1997	7.15	5.50
10 December 1997	7.17	5.52
17 December 1997	7.07	5.51
24 December 1997	6.99	5.53
31 December 1997	7.03	5.50
7 January 1998	6.94	5.50
14 January 1998	6.89	5.56
21 January 1998	6.99	5.53
28 January 1998	7.12	5.59
4 February 1998	7.03	5.57
11 February 1998	7.06	5.58
18 February 1998	6.99	5.59
25 February 1998	7.09	5.65
4 March 1998	7.19	5.70
11 March 1998	7.16	5.70
18 March 1998	7.08	5.67
25 March 1998	7.08	5.70
1 April 1998	7.15	5.68
8 April 1998	7.09	5.68
15 April 1998	7.17	5.67
22 April 1998	7.15	5.64
29 April 1998	7.22	5.69
6 May 1998	7.14	5.65
13 May 1998	7.19	5.71
20 May 1998	7.10	5.70
27 May 1998	7.07	5.70
3 June 1998	7.05	5.68
10 June 1998	7.04	5.71
17 June 1998	6.94	5.68
24 June 1998	6.96	5.68
1 July 1998	6.98	5.66
8 July 1998	6.91	5.60
15 July 1998	6.94	5.64
22 July 1998	6.96	5.65
29 July 1998	6.97	5.62
5 August 1998	6.94	5.61
12 August 1998	6.91	5.60
19 August 1998	6.92	5.58
26 August 1998	6.92	5.58
2 September 1998	6.82	5.51
9 September 1998	6.77	5.50
16 September 1998	6.66	5.43
23 September 1998	6.64	5.42
30 September 1998	6.60	5.39
7 October 1998	6.49	5.36
14 October 1998	6.90	5.35
21 October 1998	6.73	5.37
28 October 1998	6.83	5.42
4 November 1998	6.89	5.48
11 November 1998	6.93	5.56
18 November 1998	6.86	5.52
25 November 1998	6.78	5.54
2 December 1998	6.71	5.52
9 December 1998	6.69	5.53
16 December 1998	6.69	5.55
23 December 1998	6.77	5.58
30 December 1998	6.83	5.63
6 January 1999	6.79	5.61
13 January 1999	6.83	5.61
20 January 1999	6.78	5.57
27 January 1999	6.74	5.57
3 February 1999	6.75	5.63
10 February 1999	6.77	5.58
17 February 1999	6.82	5.67
24 February 1999	6.89	5.71
3 March 1999	7.06	5.74
10 March 1999	7.11	5.88
17 March 1999	7.01	5.75
24 March 1999	6.98	5.69
31 March 1999	6.98	5.65
7 April 1999	6.92	5.59
14 April 1999	6.87	5.56
21 April 1999	6.88	5.56
28 April 1999	6.93	5.63
5 May 1999	7.02	5.68
12 May 1999	7.10	5.71
19 May 1999	7.23	5.76
26 May 1999	7.23	5.73
2 June 1999	7.41	5.85
9 June 1999	7.51	5.92
16 June 1999	7.65	5.94
23 June 1999	7.63	5.93
30 June 1999	7.71	6.05
7 July 1999	7.65	5.96
14 July 1999	7.58	5.97
21 July 1999	7.52	5.97
28 July 1999	7.70	5.99
4 August 1999	7.89	6.09
11 August 1999	8.15	6.24
18 August 1999	7.93	6.18
25 August 1999	7.80	6.22
1 September 1999	7.83	6.18
8 September 1999	7.88	6.21
15 September 1999	7.82	6.22
22 September 1999	7.76	6.19
29 September 1999	7.70	6.12
6 October 1999	7.82	6.27
13 October 1999	7.85	6.31
20 October 1999	7.93	6.30
27 October 1999	7.96	6.35
3 November 1999	7.84	6.34
10 November 1999	7.67	6.30
17 November 1999	7.69	6.35
24 November 1999	7.75	6.45
1 December 1999	7.84	6.49
8 December 1999	7.84	6.45
15 December 1999	7.86	6.49
22 December 1999	7.96	6.64
29 December 1999	8.06	6.56
5 January 2000	8.15	6.60
12 January 2000	8.18	6.61
19 January 2000	8.26	6.56
26 January 2000	8.25	6.65
2 February 2000	8.25	6.65
9 February 2000	8.36	6.73
16 February 2000	8.38	6.77
23 February 2000	8.31	6.73
1 March 2000	8.27	6.68
8 March 2000	8.23	6.68
15 March 2000	8.24	6.68
22 March 2000	8.23	6.78
29 March 2000	8.23	6.76
5 April 2000	8.20	6.79
12 April 2000	8.12	6.86
19 April 2000	8.16	6.76
26 April 2000	8.13	6.77
3 May 2000	8.28	6.90
10 May 2000	8.52	6.96
17 May 2000	8.64	7.15
24 May 2000	8.62	7.25
31 May 2000	8.54	7.25
7 June 2000	8.32	7.24
14 June 2000	8.22	7.21
21 June 2000	8.14	7.22
28 June 2000	8.22	7.26
5 July 2000	8.16	7.27
12 July 2000	8.09	7.22
19 July 2000	8.21	7.32
26 July 2000	8.13	7.29
2 August 2000	8.12	7.28
9 August 2000	8.04	7.28
16 August 2000	7.96	7.21
23 August 2000	7.99	7.37
30 August 2000	7.96	7.27
6 September 2000	7.94	7.33
13 September 2000	7.88	7.26
20 September 2000	7.90	7.27
27 September 2000	7.88	7.21
4 October 2000	7.83	7.21
11 October 2000	7.84	7.23
18 October 2000	7.83	7.25
25 October 2000	7.68	7.22
1 November 2000	7.73	7.12
8 November 2000	7.79	7.23
15 November 2000	7.73	7.25
22 November 2000	7.73	7.28
29 November 2000	7.65	7.24
6 December 2000	7.54	7.21
13 December 2000	7.42	7.05
20 December 2000	7.17	7.02
27 December 2000	7.13	6.93
3 January 2001	7.07	6.86
10 January 2001	6.89	6.65
17 January 2001	7.02	6.64
24 January 2001	7.15	6.64
31 January 2001	7.09	6.54
7 February 2001	6.98	6.45
14 February 2001	7.01	6.40
21 February 2001	7.12	6.43
28 February 2001	7.03	6.39
7 March 2001	6.97	6.29
14 March 2001	6.96	6.32
21 March 2001	6.89	6.22
28 March 2001	6.91	6.19
4 April 2001	7.01	6.23
11 April 2001	7.04	6.15
18 April 2001	7.14	6.08
25 April 2001	7.12	5.97
2 May 2001	7.14	6.00
9 May 2001	7.10	5.90
16 May 2001	7.14	5.81
23 May 2001	7.20	5.82
30 May 2001	7.24	5.89
6 June 2001	7.20	5.85
13 June 2001	7.14	5.82
20 June 2001	7.11	5.74
27 June 2001	7.11	5.77
4 July 2001	7.19	5.71
11 July 2001	7.21	5.79
18 July 2001	7.08	5.62
25 July 2001	7.03	5.72
1 August 2001	7.00	5.77
8 August 2001	7.00	5.70
15 August 2001	6.92	5.71
22 August 2001	6.91	5.68
29 August 2001	6.92	5.67
5 September 2001	6.89	5.64
12 September 2001	6.86	5.62
19 September 2001	6.80	5.58
26 September 2001	6.72	5.45
3 October 2001	6.64	5.34
10 October 2001	6.58	5.26
17 October 2001	6.61	5.26
24 October 2001	6.64	5.25
31 October 2001	6.56	5.26
7 November 2001	6.45	5.30
14 November 2001	6.51	5.06
21 November 2001	6.75	5.18
28 November 2001	7.02	5.22
5 December 2001	6.84	5.21
12 December 2001	7.09	5.19
19 December 2001	7.17	5.27
26 December 2001	7.16	5.25
2 January 2002	7.14	5.26
9 January 2002	7.06	5.26
16 January 2002	6.83	5.08
23 January 2002	6.96	5.10
30 January 2002	7.02	5.12
6 February 2002	6.88	5.04
13 February 2002	6.86	4.98
20 February 2002	6.81	4.96
27 February 2002	6.80	4.94
6 March 2002	6.87	5.07
13 March 2002	7.08	5.08
20 March 2002	7.14	5.11
27 March 2002	7.18	5.11
3 April 2002	7.13	4.99
10 April 2002	6.99	5.00
17 April 2002	6.94	4.95
24 April 2002	6.88	4.91
1 May 2002	6.78	4.75
8 May 2002	6.79	4.80
15 May 2002	6.89	4.81
22 May 2002	6.81	4.85
29 May 2002	6.76	4.76
5 June 2002	6.71	4.71
12 June 2002	6.71	4.67
19 June 2002	6.63	4.60
26 June 2002	6.55	4.61
3 July 2002	6.57	4.58
10 July 2002	6.54	4.66
17 July 2002	6.49	4.50
24 July 2002	6.34	4.31
31 July 2002	6.43	4.45
7 August 2002	6.31	4.37
14 August 2002	6.22	4.39
21 August 2002	6.27	4.34
28 August 2002	6.22	4.34
4 September 2002	6.15	4.35
11 September 2002	6.18	4.32
18 September 2002	6.05	4.28
25 September 2002	5.99	4.22
2 October 2002	6.01	4.29
9 October 2002	5.98	4.23
16 October 2002	6.15	4.27
23 October 2002	6.31	4.30
30 October 2002	6.13	4.25
6 November 2002	6.11	4.15
13 November 2002	5.94	4.09
20 November 2002	6.03	4.14
27 November 2002	6.13	4.19
4 December 2002	6.19	4.21
11 December 2002	6.04	4.18
18 December 2002	6.03	4.07
25 December 2002	5.93	4.01
1 January 2003	5.85	4.06
8 January 2003	5.95	4.03
15 January 2003	5.97	4.03
22 January 2003	5.91	3.93
29 January 2003	5.90	3.89
5 February 2003	5.88	3.89
12 February 2003	5.86	3.89
19 February 2003	5.84	3.81
26 February 2003	5.79	3.83
5 March 2003	5.67	3.76
12 March 2003	5.61	3.68
19 March 2003	5.79	3.75
26 March 2003	5.91	3.84
2 April 2003	5.79	3.82
9 April 2003	5.85	3.80
16 April 2003	5.82	3.79
23 April 2003	5.79	3.79
30 April 2003	5.70	3.74
7 May 2003	5.62	3.66
14 May 2003	5.45	3.67
21 May 2003	5.34	3.61
28 May 2003	5.31	3.63
4 June 2003	5.26	3.59
11 June 2003	5.21	3.54
18 June 2003	5.21	3.51
25 June 2003	5.24	3.45
2 July 2003	5.40	3.49
9 July 2003	5.52	3.55
16 July 2003	5.67	3.58
23 July 2003	5.94	3.67
30 July 2003	6.14	3.68
6 August 2003	6.34	3.80
13 August 2003	6.24	3.75
20 August 2003	6.28	3.84
27 August 2003	6.32	3.88
3 September 2003	6.44	3.98
10 September 2003	6.16	3.87
17 September 2003	6.01	3.81
24 September 2003	5.98	3.77
1 October 2003	5.77	3.72
8 October 2003	5.95	3.69
15 October 2003	6.05	3.79
22 October 2003	6.05	3.76
29 October 2003	5.94	3.74
5 November 2003	5.98	3.73
12 November 2003	6.03	3.76
19 November 2003	5.83	3.72
26 November 2003	5.89	3.77
3 December 2003	6.02	3.77
10 December 2003	5.88	3.77
17 December 2003	5.82	3.77
24 December 2003	5.81	3.73
31 December 2003	5.85	3.72
7 January 2004	5.87	3.76
14 January 2004	5.66	3.62
21 January 2004	5.64	3.56
28 January 2004	5.68	3.59
4 February 2004	5.72	3.61
11 February 2004	5.66	3.57
18 February 2004	5.58	3.53
25 February 2004	5.58	3.50
3 March 2004	5.59	3.47
10 March 2004	5.41	3.41
17 March 2004	5.38	3.39
24 March 2004	5.40	3.36
31 March 2004	5.52	3.46
7 April 2004	5.79	3.65
14 April 2004	5.89	3.69
21 April 2004	5.94	3.69
28 April 2004	6.01	3.75
5 May 2004	6.12	3.76
12 May 2004	6.34	3.90
19 May 2004	6.30	3.99
26 May 2004	6.32	3.87
2 June 2004	6.28	3.98
9 June 2004	6.30	4.14
16 June 2004	6.32	4.13
23 June 2004	6.25	4.13
30 June 2004	6.21	4.19
7 July 2004	6.01	4.05
14 July 2004	6.00	4.02
21 July 2004	5.98	4.12
28 July 2004	6.08	4.17
4 August 2004	5.99	4.08
11 August 2004	5.85	4.08
18 August 2004	5.81	4.01
25 August 2004	5.82	4.05
1 September 2004	5.77	3.97
8 September 2004	5.83	4.00
15 September 2004	5.75	4.03
22 September 2004	5.70	4.00
29 September 2004	5.72	3.97
6 October 2004	5.82	4.08
13 October 2004	5.74	4.01
20 October 2004	5.69	4.02
27 October 2004	5.64	3.96
3 November 2004	5.70	4.00
10 November 2004	5.76	4.16
17 November 2004	5.74	4.17
24 November 2004	5.72	4.27
1 December 2004	5.81	4.19
8 December 2004	5.71	4.15
15 December 2004	5.68	4.18
22 December 2004	5.75	4.17
29 December 2004	5.81	4.19
5 January 2005	5.77	4.10
12 January 2005	5.74	4.10
19 January 2005	5.67	4.11
26 January 2005	5.66	4.18
2 February 2005	5.63	4.23
9 February 2005	5.57	4.11
16 February 2005	5.62	4.15
23 February 2005	5.69	4.16
2 March 2005	5.79	4.14
9 March 2005	5.85	4.24
16 March 2005	5.95	4.20
23 March 2005	6.01	4.24
30 March 2005	6.04	4.33
6 April 2005	5.93	4.23
13 April 2005	5.91	4.30
20 April 2005	5.80	4.26
27 April 2005	5.78	4.21
4 May 2005	5.75	4.22
11 May 2005	5.77	4.23
18 May 2005	5.71	4.26
25 May 2005	5.65	4.21
1 June 2005	5.62	4.26
8 June 2005	5.56	4.21
15 June 2005	5.63	4.25
22 June 2005	5.57	4.23
29 June 2005	5.53	4.24
6 July 2005	5.62	4.33
13 July 2005	5.66	4.39
20 July 2005	5.73	4.42
27 July 2005	5.77	4.46
3 August 2005	5.82	4.47
10 August 2005	5.89	4.57
17 August 2005	5.80	4.58
24 August 2005	5.77	4.56
31 August 2005	5.71	4.48
7 September 2005	5.71	4.45
14 September 2005	5.74	4.46
21 September 2005	5.80	4.48
28 September 2005	5.91	4.68
5 October 2005	5.98	4.77
12 October 2005	6.03	4.85
19 October 2005	6.10	4.89
26 October 2005	6.15	4.91
2 November 2005	6.31	5.09
9 November 2005	6.36	5.12
16 November 2005	6.37	5.20
23 November 2005	6.28	5.14
30 November 2005	6.26	5.16
7 December 2005	6.32	5.16
14 December 2005	6.30	5.15
21 December 2005	6.26	5.22
28 December 2005	6.22	5.15
4 January 2006	6.21	5.16
11 January 2006	6.15	5.15
18 January 2006	6.10	5.18
25 January 2006	6.12	5.20
1 February 2006	6.23	5.33
8 February 2006	6.24	5.34
15 February 2006	6.28	5.36
22 February 2006	6.26	5.32
1 March 2006	6.24	5.34
8 March 2006	6.37	5.45
15 March 2006	6.34	5.37
22 March 2006	6.32	5.41
29 March 2006	6.35	5.51
5 April 2006	6.43	5.57
12 April 2006	6.49	5.61
19 April 2006	6.53	5.63
26 April 2006	6.58	5.68
3 May 2006	6.59	5.67
10 May 2006	6.58	5.62
17 May 2006	6.60	5.62
24 May 2006	6.62	5.61
31 May 2006	6.67	5.68
7 June 2006	6.62	5.63
14 June 2006	6.63	5.66
21 June 2006	6.71	5.75
28 June 2006	6.78	5.82
5 July 2006	6.79	5.83
12 July 2006	6.74	5.75
19 July 2006	6.80	5.80
26 July 2006	6.72	5.78
2 August 2006	6.63	5.69
9 August 2006	6.55	5.69
16 August 2006	6.52	5.65
23 August 2006	6.48	5.60
30 August 2006	6.44	5.59
6 September 2006	6.47	5.63
13 September 2006	6.43	5.60
20 September 2006	6.40	5.54
27 September 2006	6.31	5.47
4 October 2006	6.30	5.46
11 October 2006	6.37	5.56
18 October 2006	6.36	5.57
25 October 2006	6.40	5.60
1 November 2006	6.31	5.53
8 November 2006	6.33	5.55
15 November 2006	6.24	5.53
22 November 2006	6.18	5.49
29 November 2006	6.14	5.46
6 December 2006	6.11	5.43
13 December 2006	6.12	5.45
20 December 2006	6.13	5.44
27 December 2006	6.18	5.47
3 January 2007	6.18	5.42
10 January 2007	6.21	5.44
17 January 2007	6.23	5.51
24 January 2007	6.25	5.49
31 January 2007	6.34	5.54
7 February 2007	6.28	5.49
14 February 2007	6.30	5.52
21 February 2007	6.22	5.49
28 February 2007	6.18	5.49
7 March 2007	6.14	5.47
14 March 2007	6.14	5.42
21 March 2007	6.16	5.40
28 March 2007	6.16	5.43
4 April 2007	6.17	5.44
11 April 2007	6.22	5.47
18 April 2007	6.17	5.45
25 April 2007	6.16	5.43
2 May 2007	6.16	5.42
9 May 2007	6.15	5.48
16 May 2007	6.21	5.48
23 May 2007	6.37	5.64
30 May 2007	6.42	5.57
6 June 2007	6.53	5.65
13 June 2007	6.74	5.75
20 June 2007	6.69	5.66
27 June 2007	6.67	5.65
4 July 2007	6.63	5.71
11 July 2007	6.73	5.71
18 July 2007	6.73	5.72
25 July 2007	6.69	5.69
1 August 2007	6.68	5.59
8 August 2007	6.59	5.65
15 August 2007	6.62	5.67
22 August 2007	6.52	5.60
29 August 2007	6.45	5.84
5 September 2007	6.46	5.74
12 September 2007	6.31	5.66
19 September 2007	6.34	5.65
26 September 2007	6.42	5.60
3 October 2007	6.37	5.58
10 October 2007	6.40	5.73
17 October 2007	6.40	5.76
24 October 2007	6.33	5.66
31 October 2007	6.26	5.57
7 November 2007	6.24	5.50
14 November 2007	6.24	5.50
21 November 2007	6.20	5.42
28 November 2007	6.10	5.43
5 December 2007	5.96	5.46
12 December 2007	6.11	5.50
19 December 2007	6.14	5.51
26 December 2007	6.17	5.53
2 January 2008	6.07	5.47
9 January 2008	5.87	5.37
16 January 2008	5.69	5.26
23 January 2008	5.48	4.99
30 January 2008	5.68	5.05
6 February 2008	5.67	5.03
13 February 2008	5.72	5.00
20 February 2008	6.04	4.98
27 February 2008	6.24	5.11
5 March 2008	6.03	4.94
12 March 2008	6.13	5.14
19 March 2008	5.87	5.15
26 March 2008	5.85	5.24
2 April 2008	5.88	5.19
9 April 2008	5.88	5.18
16 April 2008	5.88	5.10
23 April 2008	6.03	5.29
30 April 2008	6.06	5.29
7 May 2008	6.05	5.29
14 May 2008	6.01	5.18
21 May 2008	5.98	5.24
28 May 2008	6.08	5.22
4 June 2008	6.09	5.06
11 June 2008	6.32	5.09
18 June 2008	6.42	5.19
25 June 2008	6.45	5.27
2 July 2008	6.35	5.17
9 July 2008	6.37	5.17
16 July 2008	6.26	5.10
23 July 2008	6.63	5.49
30 July 2008	6.52	5.27
6 August 2008	6.52	5.22
13 August 2008	6.52	5.18
20 August 2008	6.47	5.29
27 August 2008	6.40	5.33
3 September 2008	6.35	5.15
10 September 2008	5.93	5.21
17 September 2008	5.78	5.03
24 September 2008	6.09	5.16
1 October 2008	6.10	5.12
8 October 2008	5.94	5.15
15 October 2008	6.46	5.16
22 October 2008	6.04	5.23
29 October 2008	6.46	5.38
5 November 2008	6.20	5.25
12 November 2008	6.14	5.33
19 November 2008	6.04	5.29
26 November 2008	5.97	5.18
3 December 2008	5.53	5.02
10 December 2008	5.47	5.09
17 December 2008	5.19	4.94
24 December 2008	5.14	4.95
31 December 2008	5.10	4.85
7 January 2009	5.01	4.95
14 January 2009	4.96	4.89
21 January 2009	5.12	4.92
28 January 2009	5.10	4.90
4 February 2009	5.25	4.92
11 February 2009	5.16	4.94
18 February 2009	5.04	4.80
25 February 2009	5.07	4.81
4 March 2009	5.15	4.86
11 March 2009	5.03	4.80
18 March 2009	4.98	4.91
25 March 2009	4.85	4.85
1 April 2009	4.78	4.75
8 April 2009	4.87	4.83
15 April 2009	4.82	4.91
22 April 2009	4.80	4.82
29 April 2009	4.78	4.77
6 May 2009	4.84	4.78
13 May 2009	4.86	4.71
20 May 2009	4.82	4.82
27 May 2009	4.91	4.69
3 June 2009	5.29	4.81
10 June 2009	5.59	5.04
17 June 2009	5.38	4.95
24 June 2009	5.42	4.93
1 July 2009	5.32	4.94
8 July 2009	5.20	4.82
15 July 2009	5.14	4.76
22 July 2009	5.20	4.77
29 July 2009	5.25	4.80
5 August 2009	5.22	4.78
12 August 2009	5.29	4.72
19 August 2009	5.12	4.69
26 August 2009	5.14	4.69
2 September 2009	5.08	4.62
9 September 2009	5.07	4.64
16 September 2009	5.04	4.58
23 September 2009	5.04	4.52
30 September 2009	4.94	4.49
7 October 2009	4.87	4.53
14 October 2009	4.92	4.60
21 October 2009	5.00	4.54
28 October 2009	5.03	4.57
4 November 2009	4.98	4.47
11 November 2009	4.91	4.46
18 November 2009	4.83	4.35
25 November 2009	4.78	4.35
2 December 2009	4.71	4.25
9 December 2009	4.81	4.24
16 December 2009	4.94	4.34
23 December 2009	5.05	4.38
30 December 2009	5.14	4.33
6 January 2010	5.09	4.31
13 January 2010	5.06	4.39
20 January 2010	4.99	4.32
27 January 2010	4.98	4.29
3 February 2010	5.01	4.22
10 February 2010	4.97	4.33
17 February 2010	4.93	4.23
24 February 2010	5.05	4.15
3 March 2010	4.97	4.27
10 March 2010	4.95	4.22
17 March 2010	4.96	4.12
24 March 2010	4.99	4.20
31 March 2010	5.08	4.05
7 April 2010	5.21	4.14
14 April 2010	5.07	4.13
21 April 2010	5.07	4.22
28 April 2010	5.06	4.25
5 May 2010	5.00	4.07
12 May 2010	4.93	4.02
19 May 2010	4.84	4.00
26 May 2010	4.78	3.95
2 June 2010	4.79	3.95
9 June 2010	4.72	3.91
16 June 2010	4.75	3.82
23 June 2010	4.69	3.77
30 June 2010	4.58	3.80
7 July 2010	4.57	3.75
14 July 2010	4.57	3.74

Note: The data, which are weekly and extend through July 14, 2010, are contract rates on 30-year mortgages.

Source: Federal Home Loan Mortgage Corporation.

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Figure 14. Change in Real Business Fixed Investment, 2004-10

Percent, annual rate

Period	Structures	Equipment and software	High-tech equipment and software	Other equipment excluding transportation
2004	1.67	8.82	6.06	5.18
2005	-0.12	6.08	5.86	8.36
2006	12.98	6.01	8.58	4.04
2007	18.86	3.15	11.72	1.69
2008	3.19	-10.75	-2.40	-5.96
2009	-25.27	-7.52	3.44	-15.88
2010:Q1	-15.51	11.42	5.63	13.23

Note: High-tech equipment consists of computers and peripheral equipment and communications equipment.

Source: Department of Commerce, Bureau of Economic Analysis.

Return to text

Figure 15. Change in Real Business Inventories, 2004-10

Billions of chained (2005) dollars, annual rate

Period	Change in real business inventories
2004	66.33
2005	49.95
2006	59.42
2007	19.47
2008	-25.89
2009:H1	-137.05
2009:H2	-79.42
2010:Q1	41.22

Source: Department of Commerce, Bureau of Economic Analysis.

Return to text

Figure 16. Delinquency Rates on Commercial Real Estate Loans, 1991-2010, Commercial Banks and Life Insurance Companies

Percent

Quarter	Commercial banks, nonfarm nonresidential	Commercial banks, construction and land development	Life insurance companies
1991:Q1	9.11	18.00	4.77
1991:Q2	8.70	18.90	5.41
1991:Q3	8.78	18.54	5.75
1991:Q4	8.80	18.63	5.93
1992:Q1	8.35	18.38	6.42
1992:Q2	8.12	18.11	7.53
1992:Q3	7.98	18.20	7.37
1992:Q4	7.69	17.40	6.62
1993:Q1	7.24	15.02	7.11
1993:Q2	6.95	14.02	6.35
1993:Q3	6.52	12.25	5.98
1993:Q4	5.93	10.81	4.54
1994:Q1	5.41	9.55	5.24
1994:Q2	4.97	7.98	5.07
1994:Q3	4.38	7.40	4.21
1994:Q4	3.99	5.96	3.38
1995:Q1	4.13	5.53	3.68
1995:Q2	3.83	5.04	3.58
1995:Q3	3.59	4.82	3.22
1995:Q4	3.32	4.30	2.35
1996:Q1	3.25	4.11	2.35
1996:Q2	3.10	3.87	2.59
1996:Q3	3.10	3.35	2.51
1996:Q4	2.90	3.03	1.79
1997:Q1	2.59	3.05	1.63
1997:Q2	2.41	2.42	1.56
1997:Q3	2.26	2.46	1.33
1997:Q4	2.21	2.47	0.90
1998:Q1	2.12	2.41	0.85
1998:Q2	1.98	2.39	0.80
1998:Q3	1.91	2.29	0.57
1998:Q4	1.96	2.38	0.48
1999:Q1	1.76	2.19	0.47
1999:Q2	1.83	2.02	0.30
1999:Q3	1.59	1.74	0.31
1999:Q4	1.47	1.67	0.25
2000:Q1	1.46	1.90	0.36
2000:Q2	1.42	1.75	0.30
2000:Q3	1.42	1.86	0.27
2000:Q4	1.47	1.88	0.28
2001:Q1	1.55	1.93	0.31
2001:Q2	1.67	2.09	0.24
2001:Q3	1.85	2.36	0.19
2001:Q4	1.88	2.33	0.12
2002:Q1	1.74	2.16	0.22
2002:Q2	1.72	2.17	0.27
2002:Q3	1.65	2.08	0.23
2002:Q4	1.62	1.87	0.28
2003:Q1	1.69	1.91	0.29
2003:Q2	1.64	1.77	0.24
2003:Q3	1.52	1.59	0.18
2003:Q4	1.47	1.41	0.12
2004:Q1	1.35	1.22	0.14
2004:Q2	1.34	1.21	0.14
2004:Q3	1.29	1.08	0.14
2004:Q4	1.19	1.02	0.08
2005:Q1	1.21	1.02	0.07
2005:Q2	1.14	0.96	0.17
2005:Q3	1.15	0.98	0.15
2005:Q4	1.09	0.97	0.05
2006:Q1	1.06	0.97	0.04
2006:Q2	1.06	1.00	0.04
2006:Q3	1.08	1.24	0.04
2006:Q4	1.12	1.63	0.02
2007:Q1	1.14	1.86	0.03
2007:Q2	1.17	2.35	0.01
2007:Q3	1.30	3.10	0.03
2007:Q4	1.54	4.78	0.01
2008:Q1	1.66	6.59	0.01
2008:Q2	1.89	8.21	0.03
2008:Q3	2.06	9.62	0.06
2008:Q4	2.58	11.28	0.07
2009:Q1	3.32	13.32	0.12
2009:Q2	4.04	16.51	0.15
2009:Q3	4.67	18.20	0.23
2009:Q4	5.06	18.33	0.19
2010:Q1	5.31	18.20	0.31

Note: The data for commercial banks and life insurance companies are quarterly and extend through 2010:Q1. The delinquency rates for commercial banks are the percent of loans 30 days or more past due or not accruing interest. The delinquency rate for life insurance companies is the percent of loans 60 days or more past due or not accruing interest.

Source: For commercial banks, Federal Financial Institutions Examination Council, Consolidated Reports of Condition and Income (Call Report); for life insurance companies, American Council of Life Insurers.

Figure 16. Delinquency Rates on Commercial Real Estate Loans, 1991-2010, Commercial Mortgage-Backed Securities

Percent

Month	CMBS
January 1999	0.40
February 1999	0.41
March 1999	0.32
April 1999	0.31
May 1999	0.41
June 1999	0.42
July 1999	0.46
August 1999	0.45
September 1999	0.45
October 1999	0.42
November 1999	0.49
December 1999	0.49
January 2000	0.52
February 2000	0.56
March 2000	0.59
April 2000	0.58
May 2000	0.63
June 2000	0.55
July 2000	0.58
August 2000	0.58
September 2000	0.64
October 2000	0.58
November 2000	0.53
December 2000	0.67
January 2001	0.73
February 2001	0.81
March 2001	0.91
April 2001	0.83
May 2001	0.87
June 2001	0.82
July 2001	0.82
August 2001	0.86
September 2001	0.90
October 2001	0.98
November 2001	1.26
December 2001	1.25
January 2002	1.36
February 2002	1.42
March 2002	1.48
April 2002	1.48
May 2002	1.44
June 2002	1.55
July 2002	1.55
August 2002	1.55
September 2002	1.54
October 2002	1.46
November 2002	1.49
December 2002	1.49
January 2003	1.62
February 2003	1.65
March 2003	1.64
April 2003	1.65
May 2003	1.70
June 2003	1.72
July 2003	1.76
August 2003	1.77
September 2003	1.78
October 2003	1.93
November 2003	1.88
December 2003	1.85
January 2004	1.86
February 2004	1.84
March 2004	1.76
April 2004	1.63
May 2004	1.62
June 2004	1.58
July 2004	1.45
August 2004	1.36
September 2004	1.36
October 2004	1.33
November 2004	1.32
December 2004	1.32
January 2005	1.26
February 2005	1.22
March 2005	1.12
April 2005	1.09
May 2005	1.02
June 2005	0.96
July 2005	0.96
August 2005	0.89
September 2005	0.87
October 2005	1.00
November 2005	0.92
December 2005	0.87
January 2006	0.74
February 2006	0.68
March 2006	0.62
April 2006	0.62
May 2006	0.60
June 2006	0.61
July 2006	0.55
August 2006	0.49
September 2006	0.50
October 2006	0.46
November 2006	0.42
December 2006	0.43
January 2007	0.37
February 2007	0.35
March 2007	0.32
April 2007	0.33
May 2007	0.39
June 2007	0.31
July 2007	0.29
August 2007	0.31
September 2007	0.33
October 2007	0.39
November 2007	0.32
December 2007	0.36
January 2008	0.40
February 2008	0.38
March 2008	0.38
April 2008	0.47
May 2008	0.47
June 2008	0.44
July 2008	0.49
August 2008	0.51
September 2008	0.52
October 2008	0.69
November 2008	0.86
December 2008	1.10
January 2009	1.38
February 2009	1.55
March 2009	1.96
April 2009	2.45
May 2009	2.80
June 2009	4.16
July 2009	3.85
August 2009	4.38
September 2009	4.28
October 2009	4.68
November 2009	5.03
December 2009	5.62
January 2010	6.07
February 2010	6.33
March 2010	7.25
April 2010	8.02
May 2010	8.34
June 2010	8.54

Note: The data for commercial mortgage-backed securities (CMBS) are monthly and extend through June 2010. The delinquency rates for CMBS are the percent of loans 30 days or more past due or not accruing interest.

Source: Citigroup.

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Figure 17. Selected Components of Net Financing for Nonfinancial Businesses, 2005-10

Billions of dollars, monthly rate

Period	Commercial paper	Bonds	Bank loans	Total
2005	-0.23	4.72	10.85	15.34
2006	2.42	17.96	11.68	32.06
2007	-0.44	25.93	21.58	47.07
2008	1.61	17.05	11.17	29.83
2009:H1	-12.40	40.65	-22.00	6.25
2009:H2	-1.90	22.92	-28.33	-7.31
2010:Q1	4.55	34.42	-27.17	11.80
2010:Q2	5.59	18.38	-4.94	19.03

Note: The data for the components except bonds are seasonally adjusted.

Source: Federal Reserve Board, flow of funds data.

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Figure 18. Net Percentage of Domestic Banks Tightening Standards and Increasing Premiums Charged on Riskier Loans to Large and Medium-Sized Business Borrowers, 1998-2010

Percent

Period	Standards	Premiums
1998:Q1	1.80	ND
1998:Q2	-7.10	ND
1998:Q3	0.00	ND
1998:Q4	36.40	54.50
1999:Q1	7.40	50.00
1999:Q2	10.00	19.40
1999:Q3	5.40	25.00
1999:Q4	9.10	34.50
2000:Q1	10.90	34.60
2000:Q2	24.60	49.20
2000:Q3	33.90	53.60
2000:Q4	43.80	66.60
2001:Q1	59.70	69.60
2001:Q2	50.90	61.20
2001:Q3	40.40	54.40
2001:Q4	50.90	60.80
2002:Q1	45.40	47.30
2002:Q2	25.00	45.50
2002:Q3	21.40	48.20
2002:Q4	20.00	40.00
2003:Q1	22.00	40.70
2003:Q2	8.90	34.50
2003:Q3	3.50	22.80
2003:Q4	0.00	17.20
2004:Q1	-17.90	-1.80
2004:Q2	-23.20	-8.90
2004:Q3	-20.00	-16.30
2004:Q4	-21.10	-19.60
2005:Q1	-23.60	-12.70
2005:Q2	-24.10	-22.20
2005:Q3	-16.70	-20.40
2005:Q4	-8.80	-7.00
2006:Q1	-10.70	-7.30
2006:Q2	-12.30	-15.80
2006:Q3	-8.90	-7.20
2006:Q4	0.00	-1.90
2007:Q1	0.00	-8.90
2007:Q2	-3.70	-15.10
2007:Q3	7.50	-1.90
2007:Q4	19.20	42.30
2008:Q1	32.20	50.90
2008:Q2	55.40	63.70
2008:Q3	57.60	76.90
2008:Q4	83.60	87.30
2009:Q1	64.20	86.80
2009:Q2	39.60	69.80
2009:Q3	31.50	53.70
2009:Q4	14.00	38.60
2010:Q1	-5.50	14.50
2010:Q2	-7.10	14.30

Note: The data are drawn from a survey generally conducted four times per year; the last observation is from the April 2010 survey, which covers 2010:Q1. Net percentage is the percentage of banks reporting a tightening of standards or an increase in premiums less the percentage reporting an easing or a decrease. The definition for firm size suggested for, and generally used by, survey respondents is that large and medium-sized firms have annual sales of $50 million or more.

Source: Federal Reserve Board, Senior Loan Officer Opinion Survey on Bank Lending Practices.

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Figure 19. Net Percentage of Small Businesses That Reported More Difficulty in Obtaining Credit, 1990-2010

Period	Percent
January 1990	6.50
February 1990	7.27
March 1990	6.86
April 1990	7.08
May 1990	8.64
June 1990	9.67
July 1990	9.57
August 1990	10.98
September 1990	11.04
October 1990	10.20
November 1990	10.15
December 1990	10.95
January 1991	10.70
February 1991	9.09
March 1991	12.87
April 1991	11.17
May 1991	7.77
June 1991	9.41
July 1991	10.74
August 1991	11.80
September 1991	10.11
October 1991	10.09
November 1991	12.34
December 1991	9.97
January 1992	8.81
February 1992	9.95
March 1992	11.74
April 1992	8.16
May 1992	8.00
June 1992	6.11
July 1992	7.88
August 1992	7.76
September 1992	10.31
October 1992	6.84
November 1992	8.50
December 1992	8.14
January 1993	7.79
February 1993	7.82
March 1993	7.57
April 1993	7.07
May 1993	7.28
June 1993	7.85
July 1993	3.94
August 1993	5.94
September 1993	5.41
October 1993	6.57
November 1993	4.66
December 1993	5.35
January 1994	4.67
February 1994	5.83
March 1994	4.40
April 1994	2.87
May 1994	5.53
June 1994	5.56
July 1994	4.97
August 1994	5.23
September 1994	6.51
October 1994	6.31
November 1994	5.78
December 1994	5.58
January 1995	6.50
February 1995	5.88
March 1995	6.28
April 1995	5.72
May 1995	4.65
June 1995	4.33
July 1995	4.05
August 1995	4.47
September 1995	2.44
October 1995	3.31
November 1995	2.79
December 1995	2.79
January 1996	3.32
February 1996	2.00
March 1996	3.13
April 1996	3.57
May 1996	2.73
June 1996	3.32
July 1996	4.08
August 1996	2.48
September 1996	3.43
October 1996	4.49
November 1996	3.69
December 1996	3.84
January 1997	3.18
February 1997	4.16
March 1997	3.01
April 1997	3.50
May 1997	2.70
June 1997	3.44
July 1997	3.07
August 1997	2.48
September 1997	3.38
October 1997	0.86
November 1997	4.44
December 1997	1.81
January 1998	2.09
February 1998	1.14
March 1998	1.99
April 1998	1.55
May 1998	2.63
June 1998	2.68
July 1998	0.99
August 1998	2.44
September 1998	2.37
October 1998	1.16
November 1998	2.24
December 1998	-0.28
January 1999	2.00
February 1999	3.14
March 1999	2.95
April 1999	-0.36
May 1999	2.47
June 1999	1.96
July 1999	2.95
August 1999	3.43
September 1999	1.39
October 1999	3.41
November 1999	3.08
December 1999	4.62
January 2000	3.95
February 2000	2.96
March 2000	3.83
April 2000	4.85
May 2000	4.43
June 2000	7.28
July 2000	4.87
August 2000	4.36
September 2000	5.51
October 2000	4.50
November 2000	6.96
December 2000	4.44
January 2001	4.95
February 2001	4.90
March 2001	2.65
April 2001	3.03
May 2001	3.49
June 2001	2.46
July 2001	3.81
August 2001	3.36
September 2001	7.63
October 2001	3.52
November 2001	0.89
December 2001	2.19
January 2002	2.98
February 2002	2.79
March 2002	4.56
April 2002	6.24
May 2002	4.60
June 2002	3.67
July 2002	3.78
August 2002	3.25
September 2002	2.70
October 2002	3.46
November 2002	-0.21
December 2002	4.99
January 2003	3.99
February 2003	4.88
March 2003	4.45
April 2003	2.40
May 2003	2.71
June 2003	4.83
July 2003	2.83
August 2003	3.03
September 2003	3.73
October 2003	3.43
November 2003	4.73
December 2003	2.78
January 2004	2.00
February 2004	2.97
March 2004	2.32
April 2004	2.58
May 2004	2.81
June 2004	4.06
July 2004	3.95
August 2004	3.73
September 2004	3.69
October 2004	3.37
November 2004	2.62
December 2004	4.63
January 2005	3.98
February 2005	3.24
March 2005	2.28
April 2005	5.63
May 2005	4.88
June 2005	3.28
July 2005	4.02
August 2005	4.47
September 2005	3.47
October 2005	4.42
November 2005	5.63
December 2005	2.55
January 2006	5.92
February 2006	5.48
March 2006	5.32
April 2006	4.59
May 2006	4.79
June 2006	5.55
July 2006	6.05
August 2006	7.34
September 2006	3.24
October 2006	6.46
November 2006	5.59
December 2006	5.58
January 2007	4.85
February 2007	5.78
March 2007	6.31
April 2007	5.45
May 2007	5.73
June 2007	5.74
July 2007	4.99
August 2007	6.34
September 2007	9.02
October 2007	6.53
November 2007	6.65
December 2007	6.59
January 2008	6.86
February 2008	5.96
March 2008	6.22
April 2008	9.32
May 2008	7.67
June 2008	7.81
July 2008	8.99
August 2008	9.45
September 2008	10.89
October 2008	9.56
November 2008	10.62
December 2008	11.60
January 2009	12.90
February 2009	14.12
March 2009	11.18
April 2009	14.18
May 2009	15.68
June 2009	14.80
July 2009	14.99
August 2009	13.50
September 2009	13.78
October 2009	14.61
November 2009	14.67
December 2009	14.58
January 2010	13.91
February 2010	13.21
March 2010	14.20
April 2010	14.06
May 2010	12.63
June 2010	13.74

Note: The data are drawn from a survey conducted monthly and are seasonally adjusted; the last observation is from the July 2010 survey, which covers June 2010. The data reflect the proportion of borrowers who sought credit in the past three months that reported more difficulty in obtaining credit less the proportion that reported more ease in obtaining credit.

Source: National Federation of Independent Business.

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Figure 20. Components of Net Equity Issuance, 2005-10

Billions of dollars, monthly rate

Period	Public issuance	Private issuance	Repurchases	Mergers and acquisitions	Total
2005	4.56	8.68	-27.53	-15.02	-29.31
2006	4.67	13.25	-35.87	-24.60	-42.55
2007	5.45	19.27	-44.51	-38.38	-58.17
2008:H1	3.45	21.71	-34.51	-13.36	-22.71
2008:H2	4.00	22.16	-25.00	-17.68	-16.52
2009:H1	5.34	15.17	-9.44	-6.09	4.98
2009:H2	5.18	11.80	-12.77	-15.98	-11.77
2010:Q1	4.21	9.33	-18.33	-13.65	-18.44

Note: Net equity issuance is the difference between equity issued by domestic companies in public or private markets and equity retired through share repurchases, domestic cash-financed mergers, or foreign takeovers of U.S. firms. Equity issuance includes funds invested by private equity partnerships and stock option proceeds. The data for 2010:Q1 are estimated.

Source: Thomson Financial, Investment Benchmark Report; Money Tree Report by PricewaterhouseCoopers, National Venture Capital Association, and Venture Economics.

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Figure 21. Federal Receipts and Expenditures, 1990-2010

Percent of nominal GDP

Period	Expenditures	Receipts
1990	21.85	18.00
1991	22.13	17.79
1992	22.13	17.48
1993	21.40	17.53
1994	20.95	18.04
1995	20.65	18.42
1996	20.22	18.83
1997	19.50	19.23
1998	19.08	19.88
1999	18.48	19.85
2000	18.22	20.62
2001	18.22	19.48
2002	19.07	17.58
2003	19.67	16.23
2004	19.62	16.09
2005	19.86	17.31
2006	20.08	18.20
2007	19.64	18.48
2008	20.66	17.48
2009	24.74	14.79
2010	23.73	14.55

Note: Through 2009, receipts and expenditures are for fiscal years (October through September); gross domestic product (GDP) is for the four quarters ending in Q3. For 2010, receipts and expenditures are for the 12 months ending in June, and GDP is the average of 2009:Q4 and 2010:Q1. Receipts and expenditures are on a unified-budget basis.

Source: Office of Management and Budget.

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Figure 22. Change in Real Government Expenditures on Consumption and Investment, 2004-10

Percent, annual rate

Period	Federal	State and local
2004	2.35	-0.41
2005	1.15	0.38
2006	2.15	1.16
2007	3.43	1.89
2008	8.88	-0.29
2009	3.58	-0.15
2010:Q1	1.18	-3.84

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 23. Federal Government Debt Held By the Public, 1960-2010

Period	Percent of nominal GDP
1960	45.06
1961	43.22
1962	42.14
1963	40.07
1964	38.47
1965	34.99
1966	32.86
1967	32.61
1968	31.04
1969	28.62
1970	28.45
1971	28.17
1972	26.38
1973	24.19
1974	23.07
1975	25.90
1976	27.23
1977	26.97
1978	25.74
1979	24.73
1980	25.21
1981	25.68
1982	29.64
1983	31.64
1984	33.82
1985	36.81
1986	39.75
1987	39.93
1988	40.09
1989	40.33
1990	42.73
1991	45.57
1992	47.44
1993	48.97
1994	48.18
1995	48.22
1996	47.14
1997	44.73
1998	41.56
1999	38.31
2000	33.42
2001	32.58
2002	33.78
2003	35.33
2004	36.19
2005	36.40
2006	35.89
2007	35.73
2008	44.34
2009	54.00
2010	65.11

Note: The data for debt are as of year-end; the observation for 2010 is an estimate. The corresponding values for gross domestic product (GDP) are for Q4 at an annual rate. Excludes securities held as investments of federal government accounts.

Source: Federal Reserve Board, flow of funds data.

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Figure 24. Change in Real Imports and Exports of Goods and Services, 2004-10

Percent, annual rate

Period	Imports	Exports
2004	10.94	7.12
2005	5.17	6.68
2006	4.13	10.21
2007	0.92	10.24
2008	-6.82	-3.45
2009:H1	-26.35	-18.05
2009:H2	18.49	20.28
2010:Q1	14.84	11.26

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 25. U.S. Trade and Current Account Balances, 2002-10

Percent of nominal GDP

Period	Trade	Current account
2002:Q1	-3.54	-3.96
2002:Q2	-3.89	-4.35
2002:Q3	-4.01	-4.33
2002:Q4	-4.36	-4.57
2003:Q1	-4.55	-4.96
2003:Q2	-4.47	-4.73
2003:Q3	-4.36	-4.62
2003:Q4	-4.37	-4.41
2004:Q1	-4.66	-4.71
2004:Q2	-5.09	-5.29
2004:Q3	-5.21	-5.31
2004:Q4	-5.55	-5.91
2005:Q1	-5.37	-5.64
2005:Q2	-5.48	-5.72
2005:Q3	-5.68	-5.81
2005:Q4	-6.05	-6.48
2006:Q1	-5.81	-6.01
2006:Q2	-5.72	-6.04
2006:Q3	-5.91	-6.38
2006:Q4	-5.23	-5.54
2007:Q1	-5.14	-5.74
2007:Q2	-5.12	-5.48
2007:Q3	-4.88	-4.82
2007:Q4	-4.82	-4.40
2008:Q1	-5.05	-4.79
2008:Q2	-5.12	-4.88
2008:Q3	-5.16	-4.74
2008:Q4	-4.02	-4.12
2009:Q1	-2.55	-2.70
2009:Q2	-2.27	-2.39
2009:Q3	-2.79	-2.74
2009:Q4	-2.90	-2.79
2010:Q1	-3.16	-2.99

Note: The data are quarterly and extend through 2010:Q1.

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 26. Prices of Oil and Nonfuel Commodities, 2005-10

Period	Nonfuel commodities (December 2004 = 100)	Oil (Dollars per barrel)
January 2005	102.84	46.84
February 2005	105.70	47.97
March 2005	110.12	54.22
April 2005	107.23	53.04
May 2005	106.66	49.83
June 2005	107.39	56.40
July 2005	107.17	58.70
August 2005	108.08	64.97
September 2005	107.88	65.57
October 2005	108.81	62.36
November 2005	109.01	58.30
December 2005	112.92	59.43
January 2006	116.89	65.51
February 2006	120.50	61.63
March 2006	121.42	62.94
April 2006	128.35	69.69
May 2006	139.14	70.98
June 2006	135.31	70.96
July 2006	137.61	74.41
August 2006	137.52	73.05
September 2006	135.17	63.87
October 2006	138.70	58.88
November 2006	140.82	59.33
December 2006	143.07	62.02
January 2007	141.83	54.16
February 2007	145.30	59.26
March 2007	147.78	60.56
April 2007	153.74	63.96
May 2007	155.48	63.46
June 2007	154.92	67.48
July 2007	154.59	74.12
August 2007	149.20	72.39
September 2007	152.52	79.93
October 2007	154.59	85.93
November 2007	154.21	94.62
December 2007	154.44	91.70
January 2008	163.65	92.95
February 2008	174.93	95.35
March 2008	181.52	105.56
April 2008	180.46	112.57
May 2008	178.92	125.39
June 2008	181.57	133.93
July 2008	181.98	133.44
August 2008	170.45	116.70
September 2008	160.98	103.90
October 2008	136.30	76.66
November 2008	125.95	57.28
December 2008	117.39	41.02
January 2009	120.46	41.74
February 2009	117.39	39.16
March 2009	117.22	47.98
April 2009	123.23	49.79
May 2009	130.64	59.16
June 2009	134.72	69.68
July 2009	134.12	64.09
August 2009	139.84	71.06
September 2009	137.54	69.46
October 2009	139.37	75.82
November 2009	144.43	77.93
December 2009	149.12	74.43
January 2010	151.61	78.39
February 2010	148.64	76.42
March 2010	152.15	81.24
April 2010	161.19	84.48
May 2010	153.78	73.84
June 2010	ND	75.35
July 2010	ND	75.34

Note: The data are monthly. The oil price is the spot price of West Texas Intermediate crude oil, and the last observation is the average for July 1-14, 2010. The price of nonfuel commodities is an index of 45 primary-commodity prices and extends through May 2010.

Source: For oil, the Commodity Research Bureau; for nonfuel commodities, International Monetary Fund.

Return to text

Figure 27. Net Saving, 1990-2010

Percent of nominal GDP

Period	Nonfederal saving	Federal saving	Total
1990:Q1	7.00	-3.00	4.00
1990:Q2	7.44	-3.05	4.39
1990:Q3	6.61	-2.94	3.67
1990:Q4	6.73	-3.18	3.55
1991:Q1	7.51	-2.68	4.83
1991:Q2	7.35	-3.64	3.71
1991:Q3	7.20	-3.99	3.21
1991:Q4	7.67	-4.25	3.42
1992:Q1	8.10	-4.78	3.32
1992:Q2	8.25	-4.80	3.45
1992:Q3	7.44	-4.90	2.54
1992:Q4	7.17	-4.60	2.57
1993:Q1	7.45	-4.77	2.68
1993:Q2	7.05	-4.16	2.89
1993:Q3	6.62	-4.22	2.40
1993:Q4	6.53	-3.69	2.84
1994:Q1	6.97	-3.42	3.55
1994:Q2	6.81	-2.88	3.93
1994:Q3	6.98	-3.09	3.89
1994:Q4	7.23	-3.06	4.17
1995:Q1	7.76	-3.03	4.73
1995:Q2	7.25	-2.80	4.45
1995:Q3	7.49	-2.82	4.67
1995:Q4	7.48	-2.48	5.00
1996:Q1	7.62	-2.54	5.08
1996:Q2	7.29	-1.92	5.37
1996:Q3	7.41	-1.75	5.66
1996:Q4	7.30	-1.38	5.92
1997:Q1	7.39	-1.14	6.25
1997:Q2	7.66	-0.86	6.80
1997:Q3	7.44	-0.42	7.02
1997:Q4	7.37	-0.49	6.88
1998:Q1	7.36	0.09	7.45
1998:Q2	6.99	0.24	7.23
1998:Q3	6.80	0.59	7.39
1998:Q4	6.18	0.59	6.77
1999:Q1	6.60	0.86	7.46
1999:Q2	5.59	1.04	6.63
1999:Q3	4.96	1.10	6.06
1999:Q4	4.91	1.21	6.12
2000:Q1	4.85	2.11	6.96
2000:Q2	4.61	1.76	6.37
2000:Q3	4.43	1.81	6.24
2000:Q4	3.46	1.77	5.23
2001:Q1	4.03	1.57	5.60
2001:Q2	3.74	1.16	4.90
2001:Q3	4.87	-1.01	3.86
2001:Q4	2.89	-0.12	2.77
2002:Q1	4.95	-1.96	2.99
2002:Q2	5.00	-2.36	2.64
2002:Q3	4.41	-2.46	1.95
2002:Q4	4.76	-2.72	2.04
2003:Q1	4.24	-2.76	1.48
2003:Q2	5.18	-3.41	1.77
2003:Q3	5.53	-4.01	1.52
2003:Q4	5.65	-3.32	2.33
2004:Q1	5.70	-3.53	2.17
2004:Q2	5.76	-3.26	2.50
2004:Q3	5.88	-3.03	2.85
2004:Q4	5.28	-2.98	2.30
2005:Q1	5.14	-2.33	2.81
2005:Q2	5.04	-2.30	2.74
2005:Q3	4.92	-2.26	2.66
2005:Q4	5.31	-2.07	3.24
2006:Q1	5.60	-1.57	4.03
2006:Q2	5.55	-1.72	3.83
2006:Q3	5.21	-1.60	3.61
2006:Q4	5.07	-1.20	3.87
2007:Q1	3.70	-1.46	2.24
2007:Q2	4.06	-1.58	2.48
2007:Q3	3.64	-1.83	1.81
2007:Q4	3.29	-1.85	1.44
2008:Q1	3.64	-3.02	0.62
2008:Q2	5.11	-5.50	-0.39
2008:Q3	4.47	-4.58	-0.11
2008:Q4	3.93	-4.70	-0.77
2009:Q1	4.80	-6.83	-2.03
2009:Q2	6.61	-8.97	-2.36
2009:Q3	6.35	-9.50	-3.15
2009:Q4	6.44	-9.09	-2.65
2010:Q1	6.93	-9.23	-2.30

Note: The data are quarterly and extend through 2010:Q1. Nonfederal saving is the sum of personal and net business saving and the net saving of state and local governments. GDP is gross domestic product.

Source: Department of Commerce, Bureau of Economic Analysis.

Return to text

Figure 28. Net Change in Private Payroll Employment, 2004-10

Thousands of jobs, 3-month moving average

Period	Jobs
January 2004	104.00
February 2004	100.67
March 2004	163.00
April 2004	185.00
May 2004	278.00
June 2004	209.33
July 2004	148.67
August 2004	79.00
September 2004	98.00
October 2004	194.00
November 2004	169.67
December 2004	163.00
January 2005	84.33
February 2005	152.00
March 2005	157.00
April 2005	241.00
May 2005	211.33
June 2005	250.67
July 2005	227.00
August 2005	242.67
September 2005	181.67
October 2005	123.33
November 2005	161.67
December 2005	180.67
January 2006	246.67
February 2006	245.00
March 2006	289.67
April 2006	241.33
May 2006	152.33
June 2006	87.33
July 2006	89.00
August 2006	118.67
September 2006	112.00
October 2006	68.33
November 2006	90.67
December 2006	128.00
January 2007	181.00
February 2007	144.67
March 2007	159.33
April 2007	119.00
May 2007	135.00
June 2007	78.00
July 2007	61.33
August 2007	-17.33
September 2007	-36.00
October 2007	-19.33
November 2007	49.33
December 2007	61.67
January 2008	36.00
February 2008	-24.67
March 2008	-51.67
April 2008	-101.33
May 2008	-157.33
June 2008	-214.67
July 2008	-246.67
August 2008	-278.00
September 2008	-353.33
October 2008	-450.00
November 2008	-579.00
December 2008	-649.33
January 2009	-735.67
February 2009	-726.67
March 2009	-752.33
April 2009	-700.00
May 2009	-575.67
June 2009	-478.33
July 2009	-361.00
August 2009	-321.33
September 2009	-232.67
October 2009	-221.00
November 2009	-124.33
December 2009	-90.00
January 2010	2.67
February 2010	-1.67
March 2010	78.67
April 2010	153.67
May 2010	144.00
June 2010	119.00

Note: The data are monthly and extend through June 2010.

Source: Department of Labor, Bureau of Labor Statistics.

Return to text

Figure 29. Civilian Unemployment Rate, 1980-2010

Period	Percent
January 1980	6.30
February 1980	6.30
March 1980	6.30
April 1980	6.90
May 1980	7.50
June 1980	7.60
July 1980	7.80
August 1980	7.70
September 1980	7.50
October 1980	7.50
November 1980	7.50
December 1980	7.20
January 1981	7.50
February 1981	7.40
March 1981	7.40
April 1981	7.20
May 1981	7.50
June 1981	7.50
July 1981	7.20
August 1981	7.40
September 1981	7.60
October 1981	7.90
November 1981	8.30
December 1981	8.50
January 1982	8.60
February 1982	8.90
March 1982	9.00
April 1982	9.30
May 1982	9.40
June 1982	9.60
July 1982	9.80
August 1982	9.80
September 1982	10.10
October 1982	10.40
November 1982	10.80
December 1982	10.80
January 1983	10.40
February 1983	10.40
March 1983	10.30
April 1983	10.20
May 1983	10.10
June 1983	10.10
July 1983	9.40
August 1983	9.50
September 1983	9.20
October 1983	8.80
November 1983	8.50
December 1983	8.30
January 1984	8.00
February 1984	7.80
March 1984	7.80
April 1984	7.70
May 1984	7.40
June 1984	7.20
July 1984	7.50
August 1984	7.50
September 1984	7.30
October 1984	7.40
November 1984	7.20
December 1984	7.30
January 1985	7.30
February 1985	7.20
March 1985	7.20
April 1985	7.30
May 1985	7.20
June 1985	7.40
July 1985	7.40
August 1985	7.10
September 1985	7.10
October 1985	7.10
November 1985	7.00
December 1985	7.00
January 1986	6.70
February 1986	7.20
March 1986	7.20
April 1986	7.10
May 1986	7.20
June 1986	7.20
July 1986	7.00
August 1986	6.90
September 1986	7.00
October 1986	7.00
November 1986	6.90
December 1986	6.60
January 1987	6.60
February 1987	6.60
March 1987	6.60
April 1987	6.30
May 1987	6.30
June 1987	6.20
July 1987	6.10
August 1987	6.00
September 1987	5.90
October 1987	6.00
November 1987	5.80
December 1987	5.70
January 1988	5.70
February 1988	5.70
March 1988	5.70
April 1988	5.40
May 1988	5.60
June 1988	5.40
July 1988	5.40
August 1988	5.60
September 1988	5.40
October 1988	5.40
November 1988	5.30
December 1988	5.30
January 1989	5.40
February 1989	5.20
March 1989	5.00
April 1989	5.20
May 1989	5.20
June 1989	5.30
July 1989	5.20
August 1989	5.20
September 1989	5.30
October 1989	5.30
November 1989	5.40
December 1989	5.40
January 1990	5.40
February 1990	5.30
March 1990	5.20
April 1990	5.40
May 1990	5.40
June 1990	5.20
July 1990	5.50
August 1990	5.70
September 1990	5.90
October 1990	5.90
November 1990	6.20
December 1990	6.30
January 1991	6.40
February 1991	6.60
March 1991	6.80
April 1991	6.70
May 1991	6.90
June 1991	6.90
July 1991	6.80
August 1991	6.90
September 1991	6.90
October 1991	7.00
November 1991	7.00
December 1991	7.30
January 1992	7.30
February 1992	7.40
March 1992	7.40
April 1992	7.40
May 1992	7.60
June 1992	7.80
July 1992	7.70
August 1992	7.60
September 1992	7.60
October 1992	7.30
November 1992	7.40
December 1992	7.40
January 1993	7.30
February 1993	7.10
March 1993	7.00
April 1993	7.10
May 1993	7.10
June 1993	7.00
July 1993	6.90
August 1993	6.80
September 1993	6.70
October 1993	6.80
November 1993	6.60
December 1993	6.50
January 1994	6.60
February 1994	6.60
March 1994	6.50
April 1994	6.40
May 1994	6.10
June 1994	6.10
July 1994	6.10
August 1994	6.00
September 1994	5.90
October 1994	5.80
November 1994	5.60
December 1994	5.50
January 1995	5.60
February 1995	5.40
March 1995	5.40
April 1995	5.80
May 1995	5.60
June 1995	5.60
July 1995	5.70
August 1995	5.70
September 1995	5.60
October 1995	5.50
November 1995	5.60
December 1995	5.60
January 1996	5.60
February 1996	5.50
March 1996	5.50
April 1996	5.60
May 1996	5.60
June 1996	5.30
July 1996	5.50
August 1996	5.10
September 1996	5.20
October 1996	5.20
November 1996	5.40
December 1996	5.40
January 1997	5.30
February 1997	5.20
March 1997	5.20
April 1997	5.10
May 1997	4.90
June 1997	5.00
July 1997	4.90
August 1997	4.80
September 1997	4.90
October 1997	4.70
November 1997	4.60
December 1997	4.70
January 1998	4.60
February 1998	4.60
March 1998	4.70
April 1998	4.30
May 1998	4.40
June 1998	4.50
July 1998	4.50
August 1998	4.50
September 1998	4.60
October 1998	4.50
November 1998	4.40
December 1998	4.40
January 1999	4.30
February 1999	4.40
March 1999	4.20
April 1999	4.30
May 1999	4.20
June 1999	4.30
July 1999	4.30
August 1999	4.20
September 1999	4.20
October 1999	4.10
November 1999	4.10
December 1999	4.00
January 2000	4.00
February 2000	4.10
March 2000	4.00
April 2000	3.80
May 2000	4.00
June 2000	4.00
July 2000	4.00
August 2000	4.10
September 2000	3.90
October 2000	3.90
November 2000	3.90
December 2000	3.90
January 2001	4.20
February 2001	4.20
March 2001	4.30
April 2001	4.40
May 2001	4.30
June 2001	4.50
July 2001	4.60
August 2001	4.90
September 2001	5.00
October 2001	5.30
November 2001	5.50
December 2001	5.70
January 2002	5.70
February 2002	5.70
March 2002	5.70
April 2002	5.90
May 2002	5.80
June 2002	5.80
July 2002	5.80
August 2002	5.70
September 2002	5.70
October 2002	5.70
November 2002	5.90
December 2002	6.00
January 2003	5.80
February 2003	5.90
March 2003	5.90
April 2003	6.00
May 2003	6.10
June 2003	6.30
July 2003	6.20
August 2003	6.10
September 2003	6.10
October 2003	6.00
November 2003	5.80
December 2003	5.70
January 2004	5.70
February 2004	5.60
March 2004	5.80
April 2004	5.60
May 2004	5.60
June 2004	5.60
July 2004	5.50
August 2004	5.40
September 2004	5.40
October 2004	5.50
November 2004	5.40
December 2004	5.40
January 2005	5.30
February 2005	5.40
March 2005	5.20
April 2005	5.20
May 2005	5.10
June 2005	5.00
July 2005	5.00
August 2005	4.90
September 2005	5.00
October 2005	5.00
November 2005	5.00
December 2005	4.90
January 2006	4.70
February 2006	4.80
March 2006	4.70
April 2006	4.70
May 2006	4.60
June 2006	4.60
July 2006	4.70
August 2006	4.70
September 2006	4.50
October 2006	4.40
November 2006	4.50
December 2006	4.40
January 2007	4.60
February 2007	4.50
March 2007	4.40
April 2007	4.50
May 2007	4.40
June 2007	4.60
July 2007	4.60
August 2007	4.60
September 2007	4.70
October 2007	4.70
November 2007	4.70
December 2007	5.00
January 2008	5.00
February 2008	4.80
March 2008	5.10
April 2008	5.00
May 2008	5.40
June 2008	5.50
July 2008	5.80
August 2008	6.10
September 2008	6.20
October 2008	6.60
November 2008	6.90
December 2008	7.40
January 2009	7.70
February 2009	8.20
March 2009	8.60
April 2009	8.90
May 2009	9.40
June 2009	9.50
July 2009	9.40
August 2009	9.70
September 2009	9.80
October 2009	10.10
November 2009	10.00
December 2009	10.00
January 2010	9.70
February 2010	9.70
March 2010	9.70
April 2010	9.90
May 2010	9.70
June 2010	9.50

Note: The data are monthly and extend through June 2010.

Source: Department of Labor, Bureau of Labor Statistics.

Return to text

Figure 30. Labor Force Participation Rate, 1980-2010

Period	Percent
January 1980	64.00
February 1980	64.00
March 1980	63.70
April 1980	63.80
May 1980	63.90
June 1980	63.70
July 1980	63.80
August 1980	63.70
September 1980	63.60
October 1980	63.70
November 1980	63.80
December 1980	63.60
January 1981	63.90
February 1981	63.90
March 1981	64.10
April 1981	64.20
May 1981	64.30
June 1981	63.70
July 1981	63.80
August 1981	63.80
September 1981	63.50
October 1981	63.80
November 1981	63.90
December 1981	63.60
January 1982	63.70
February 1982	63.80
March 1982	63.80
April 1982	63.90
May 1982	64.20
June 1982	63.90
July 1982	64.00
August 1982	64.10
September 1982	64.10
October 1982	64.10
November 1982	64.20
December 1982	64.10
January 1983	63.90
February 1983	63.80
March 1983	63.70
April 1983	63.80
May 1983	63.70
June 1983	64.30
July 1983	64.10
August 1983	64.30
September 1983	64.30
October 1983	64.00
November 1983	64.10
December 1983	64.10
January 1984	63.90
February 1984	64.10
March 1984	64.10
April 1984	64.30
May 1984	64.50
June 1984	64.60
July 1984	64.60
August 1984	64.40
September 1984	64.40
October 1984	64.40
November 1984	64.50
December 1984	64.60
January 1985	64.70
February 1985	64.70
March 1985	64.90
April 1985	64.90
May 1985	64.80
June 1985	64.60
July 1985	64.70
August 1985	64.60
September 1985	64.90
October 1985	65.00
November 1985	64.90
December 1985	65.00
January 1986	64.90
February 1986	65.00
March 1986	65.10
April 1986	65.10
May 1986	65.20
June 1986	65.40
July 1986	65.40
August 1986	65.30
September 1986	65.40
October 1986	65.40
November 1986	65.40
December 1986	65.30
January 1987	65.40
February 1987	65.50
March 1987	65.50
April 1987	65.40
May 1987	65.70
June 1987	65.50
July 1987	65.60
August 1987	65.70
September 1987	65.50
October 1987	65.70
November 1987	65.70
December 1987	65.70
January 1988	65.80
February 1988	65.90
March 1988	65.70
April 1988	65.80
May 1988	65.70
June 1988	65.80
July 1988	65.90
August 1988	66.10
September 1988	65.90
October 1988	66.00
November 1988	66.20
December 1988	66.10
January 1989	66.50
February 1989	66.30
March 1989	66.30
April 1989	66.40
May 1989	66.30
June 1989	66.50
July 1989	66.50
August 1989	66.50
September 1989	66.40
October 1989	66.50
November 1989	66.60
December 1989	66.50
January 1990	66.80
February 1990	66.70
March 1990	66.70
April 1990	66.60
May 1990	66.60
June 1990	66.40
July 1990	66.50
August 1990	66.50
September 1990	66.40
October 1990	66.40
November 1990	66.40
December 1990	66.40
January 1991	66.20
February 1991	66.20
March 1991	66.30
April 1991	66.40
May 1991	66.20
June 1991	66.20
July 1991	66.10
August 1991	66.00
September 1991	66.20
October 1991	66.10
November 1991	66.10
December 1991	66.00
January 1992	66.30
February 1992	66.20
March 1992	66.40
April 1992	66.50
May 1992	66.60
June 1992	66.70
July 1992	66.70
August 1992	66.60
September 1992	66.50
October 1992	66.20
November 1992	66.30
December 1992	66.30
January 1993	66.20
February 1993	66.20
March 1993	66.20
April 1993	66.10
May 1993	66.40
June 1993	66.50
July 1993	66.40
August 1993	66.40
September 1993	66.20
October 1993	66.30
November 1993	66.30
December 1993	66.40
January 1994	66.60
February 1994	66.60
March 1994	66.50
April 1994	66.50
May 1994	66.60
June 1994	66.40
July 1994	66.40
August 1994	66.60
September 1994	66.60
October 1994	66.70
November 1994	66.70
December 1994	66.70
January 1995	66.80
February 1995	66.80
March 1995	66.70
April 1995	66.90
May 1995	66.50
June 1995	66.50
July 1995	66.60
August 1995	66.60
September 1995	66.60
October 1995	66.60
November 1995	66.50
December 1995	66.40
January 1996	66.40
February 1996	66.60
March 1996	66.60
April 1996	66.70
May 1996	66.70
June 1996	66.70
July 1996	66.90
August 1996	66.70
September 1996	66.90
October 1996	67.00
November 1996	67.00
December 1996	67.00
January 1997	67.00
February 1997	66.90
March 1997	67.10
April 1997	67.10
May 1997	67.10
June 1997	67.10
July 1997	67.20
August 1997	67.20
September 1997	67.10
October 1997	67.10
November 1997	67.20
December 1997	67.20
January 1998	67.10
February 1998	67.10
March 1998	67.10
April 1998	67.00
May 1998	67.00
June 1998	67.00
July 1998	67.00
August 1998	67.00
September 1998	67.20
October 1998	67.20
November 1998	67.10
December 1998	67.20
January 1999	67.20
February 1999	67.20
March 1999	67.00
April 1999	67.10
May 1999	67.10
June 1999	67.10
July 1999	67.10
August 1999	67.00
September 1999	67.00
October 1999	67.00
November 1999	67.10
December 1999	67.10
January 2000	67.30
February 2000	67.30
March 2000	67.30
April 2000	67.30
May 2000	67.10
June 2000	67.10
July 2000	66.90
August 2000	66.90
September 2000	66.90
October 2000	66.80
November 2000	66.90
December 2000	67.00
January 2001	67.20
February 2001	67.10
March 2001	67.20
April 2001	66.90
May 2001	66.70
June 2001	66.70
July 2001	66.80
August 2001	66.50
September 2001	66.80
October 2001	66.70
November 2001	66.70
December 2001	66.70
January 2002	66.50
February 2002	66.80
March 2002	66.60
April 2002	66.70
May 2002	66.70
June 2002	66.60
July 2002	66.50
August 2002	66.60
September 2002	66.70
October 2002	66.60
November 2002	66.40
December 2002	66.30
January 2003	66.40
February 2003	66.40
March 2003	66.30
April 2003	66.40
May 2003	66.40
June 2003	66.50
July 2003	66.20
August 2003	66.10
September 2003	66.10
October 2003	66.10
November 2003	66.10
December 2003	65.90
January 2004	66.10
February 2004	66.00
March 2004	66.00
April 2004	65.90
May 2004	66.00
June 2004	66.10
July 2004	66.10
August 2004	66.00
September 2004	65.80
October 2004	65.90
November 2004	66.00
December 2004	65.90
January 2005	65.80
February 2005	65.90
March 2005	65.90
April 2005	66.10
May 2005	66.10
June 2005	66.10
July 2005	66.10
August 2005	66.20
September 2005	66.10
October 2005	66.10
November 2005	66.00
December 2005	66.00
January 2006	66.00
February 2006	66.10
March 2006	66.20
April 2006	66.10
May 2006	66.10
June 2006	66.20
July 2006	66.10
August 2006	66.20
September 2006	66.10
October 2006	66.20
November 2006	66.30
December 2006	66.40
January 2007	66.40
February 2007	66.30
March 2007	66.30
April 2007	66.00
May 2007	66.00
June 2007	66.00
July 2007	66.00
August 2007	65.80
September 2007	66.00
October 2007	65.80
November 2007	66.00
December 2007	66.00
January 2008	66.20
February 2008	66.00
March 2008	66.10
April 2008	66.00
May 2008	66.20
June 2008	66.10
July 2008	66.00
August 2008	66.10
September 2008	66.00
October 2008	66.00
November 2008	65.80
December 2008	65.80
January 2009	65.70
February 2009	65.70
March 2009	65.60
April 2009	65.80
May 2009	65.80
June 2009	65.70
July 2009	65.40
August 2009	65.40
September 2009	65.10
October 2009	65.00
November 2009	64.90
December 2009	64.60
January 2010	64.70
February 2010	64.80
March 2010	64.90
April 2010	65.20
May 2010	65.00
June 2010	64.70

Note: The data are monthly and extend through June 2010.

Source: Department of Labor, Bureau of Labor Statistics.

Return to text

Figure 31. Change in Output per Hour, 1948-2010

Percent, annual rate

Period	Percent change
1948-73	2.67
1974-95	1.44
1996-2000	2.86
2001-04	3.30
2005	1.50
2006	1.00
2007	2.90
2008	1.40
2009	5.60
2010:Q1	2.80

Note: Nonfarm business sector. Change for each multiyear period is measured to the fourth quarter of the final year of the period from the fourth quarter of the year immediately preceding the period.

Source: Department of Labor, Bureau of Labor Statistics.

Return to text

Figure 32. Measures of Change in Hourly Compensation, 2000-10

Percent

Period	Employment cost index	Nonfarm business compensation per hour
2000:Q1	4.60	7.00
2000:Q2	4.60	7.10
2000:Q3	4.70	8.50
2000:Q4	4.20	6.80
2001:Q1	4.20	5.40
2001:Q2	4.00	5.40
2001:Q3	4.00	3.60
2001:Q4	4.10	4.00
2002:Q1	3.80	2.70
2002:Q2	4.00	3.40
2002:Q3	3.50	3.60
2002:Q4	3.10	3.10
2003:Q1	3.60	3.60
2003:Q2	3.50	4.40
2003:Q3	3.90	5.30
2003:Q4	4.00	5.70
2004:Q1	3.80	3.50
2004:Q2	3.90	3.20
2004:Q3	3.80	3.40
2004:Q4	3.80	3.40
2005:Q1	3.50	4.70
2005:Q2	3.10	4.00
2005:Q3	2.90	3.80
2005:Q4	2.90	3.50
2006:Q1	2.60	4.10
2006:Q2	2.80	3.90
2006:Q3	3.00	2.80
2006:Q4	3.20	4.50
2007:Q1	3.20	4.30
2007:Q2	3.10	4.30
2007:Q3	3.10	4.60
2007:Q4	3.00	3.60
2008:Q1	3.20	2.80
2008:Q2	3.00	2.80
2008:Q3	2.80	3.50
2008:Q4	2.40	3.10
2009:Q1	1.90	1.80
2009:Q2	1.50	3.40
2009:Q3	1.20	1.80
2009:Q4	1.20	0.20
2010:Q1	1.60	1.60

Note: The data are quarterly and extend through 2010:Q1. For nonfarm business compensation, change is over four quarters; for the employment cost index (ECI), change is over the 12 months ending in the last month of each quarter. The nonfarm business sector excludes farms, government, nonprofit institutions, and households. The sector covered by the ECI used here is the nonfarm business sector plus nonprofit institutions.

Source: Department of Labor, Bureau of Labor Statistics.

Return to text

Figure 33. Change in the Chain-Type Price Index for Personal Consumption Expenditures, 2004-10

Percent, annual rate

Period	Total	Excluding food and energy
2004	3.00	2.25
2005	3.00	2.32
2006	2.30	2.30
2007	3.71	2.59
2008	0.59	1.80
2009	2.12	1.60
2010:H1	0.70	1.00

Note: Through 2009, change is from December to December; for 2010, change is from December to May.

Source: Department of Commerce, Bureau of Economic Analysis.

Return to text

Figure 34. Interest Rates on Selected Treasury Securities, 2004-10

Percent

Period	10-year Treasury securities	2-year Treasury securities	3-month Treasury securities
2 January 2004	4.38	1.94	0.93
5 January 2004	4.41	1.95	0.92
6 January 2004	4.29	1.84	0.92
7 January 2004	4.27	1.84	0.91
8 January 2004	4.27	1.85	0.88
9 January 2004	4.11	1.68	0.87
12 January 2004	4.11	1.68	0.90
13 January 2004	4.05	1.63	0.89
14 January 2004	4.01	1.65	0.88
15 January 2004	3.99	1.67	0.88
16 January 2004	4.04	1.70	0.89
19 January 2004	ND	ND	ND
20 January 2004	4.08	1.69	0.90
21 January 2004	4.05	1.69	0.89
22 January 2004	3.99	1.66	0.88
23 January 2004	4.09	1.71	0.90
26 January 2004	4.16	1.75	0.91
27 January 2004	4.11	1.70	0.91
28 January 2004	4.22	1.87	0.94
29 January 2004	4.22	1.88	0.94
30 January 2004	4.16	1.84	0.92
2 February 2004	4.18	1.83	0.95
3 February 2004	4.13	1.78	0.94
4 February 2004	4.15	1.80	0.94
5 February 2004	4.20	1.85	0.94
6 February 2004	4.12	1.77	0.93
9 February 2004	4.09	1.76	0.95
10 February 2004	4.13	1.82	0.95
11 February 2004	4.05	1.73	0.93
12 February 2004	4.10	1.75	0.93
13 February 2004	4.05	1.70	0.92
16 February 2004	ND	ND	ND
17 February 2004	4.05	1.70	0.95
18 February 2004	4.05	1.72	0.94
19 February 2004	4.05	1.70	0.94
20 February 2004	4.10	1.75	0.94
23 February 2004	4.05	1.69	0.97
24 February 2004	4.04	1.69	0.97
25 February 2004	4.02	1.67	0.96
26 February 2004	4.05	1.69	0.96
27 February 2004	3.99	1.66	0.96
1 March 2004	4.00	1.67	0.97
2 March 2004	4.05	1.74	0.97
3 March 2004	4.07	1.74	0.97
4 March 2004	4.04	1.73	0.96
5 March 2004	3.85	1.57	0.95
8 March 2004	3.78	1.52	0.95
9 March 2004	3.73	1.51	0.96
10 March 2004	3.74	1.54	0.96
11 March 2004	3.74	1.52	0.97
12 March 2004	3.78	1.54	0.96
15 March 2004	3.78	1.56	0.97
16 March 2004	3.70	1.51	0.96
17 March 2004	3.71	1.53	0.93
18 March 2004	3.76	1.55	0.93
19 March 2004	3.80	1.56	0.93
22 March 2004	3.74	1.52	0.96
23 March 2004	3.73	1.52	0.95
24 March 2004	3.73	1.50	0.93
25 March 2004	3.75	1.51	0.93
26 March 2004	3.85	1.59	0.95
29 March 2004	3.91	1.63	0.97
30 March 2004	3.91	1.63	0.96
31 March 2004	3.86	1.60	0.95
1 April 2004	3.91	1.65	0.93
2 April 2004	4.15	1.86	0.95
5 April 2004	4.24	1.91	0.95
6 April 2004	4.19	1.86	0.93
7 April 2004	4.19	1.87	0.95
8 April 2004	4.21	1.88	0.93
9 April 2004	ND	ND	ND
12 April 2004	4.25	1.91	0.95
13 April 2004	4.35	2.01	0.95
14 April 2004	4.40	2.13	0.96
15 April 2004	4.42	2.10	0.95
16 April 2004	4.37	2.03	0.93
19 April 2004	4.39	2.07	0.97
20 April 2004	4.43	2.11	0.98
21 April 2004	4.45	2.22	1.00
22 April 2004	4.40	2.15	0.97
23 April 2004	4.48	2.29	0.98
26 April 2004	4.46	2.28	1.00
27 April 2004	4.43	2.21	0.99
28 April 2004	4.50	2.30	0.98
29 April 2004	4.55	2.34	0.97
30 April 2004	4.53	2.31	0.98
3 May 2004	4.53	2.34	1.01
4 May 2004	4.56	2.32	1.01
5 May 2004	4.61	2.34	0.99
6 May 2004	4.63	2.39	1.00
7 May 2004	4.79	2.64	1.07
10 May 2004	4.81	2.61	1.09
11 May 2004	4.79	2.61	1.06
12 May 2004	4.83	2.62	1.04
13 May 2004	4.85	2.67	1.00
14 May 2004	4.79	2.59	0.99
17 May 2004	4.70	2.51	1.07
18 May 2004	4.74	2.58	1.06
19 May 2004	4.79	2.61	1.04
20 May 2004	4.72	2.55	1.03
21 May 2004	4.76	2.60	1.03
24 May 2004	4.75	2.59	1.08
25 May 2004	4.73	2.58	1.08
26 May 2004	4.67	2.52	1.08
27 May 2004	4.60	2.46	1.06
28 May 2004	4.66	2.54	1.08
31 May 2004	ND	ND	ND
1 June 2004	4.71	2.60	1.17
2 June 2004	4.74	2.65	1.17
3 June 2004	4.71	2.63	1.17
4 June 2004	4.78	2.70	1.20
7 June 2004	4.78	2.67	1.25
8 June 2004	4.78	2.73	1.27
9 June 2004	4.82	2.79	1.27
10 June 2004	4.81	2.81	1.29
11 June 2004	ND	ND	ND
14 June 2004	4.89	2.97	1.42
15 June 2004	4.69	2.77	1.34
16 June 2004	4.74	2.84	1.30
17 June 2004	4.71	2.81	1.27
18 June 2004	4.72	2.81	1.28
21 June 2004	4.70	2.80	1.34
22 June 2004	4.72	2.80	1.32
23 June 2004	4.71	2.78	1.29
24 June 2004	4.66	2.74	1.28
25 June 2004	4.66	2.74	1.30
28 June 2004	4.76	2.86	1.38
29 June 2004	4.70	2.83	1.38
30 June 2004	4.62	2.70	1.33
1 July 2004	4.57	2.64	1.22
2 July 2004	4.48	2.54	1.29
5 July 2004	ND	ND	ND
6 July 2004	4.49	2.56	1.34
7 July 2004	4.50	2.56	1.30
8 July 2004	4.49	2.55	1.27
9 July 2004	4.49	2.55	1.27
12 July 2004	4.46	2.53	1.34
13 July 2004	4.50	2.58	1.34
14 July 2004	4.50	2.62	1.34
15 July 2004	4.50	2.64	1.34
16 July 2004	4.38	2.54	1.34
19 July 2004	4.38	2.56	1.35
20 July 2004	4.47	2.67	1.36
21 July 2004	4.50	2.71	1.35
22 July 2004	4.48	2.69	1.36
23 July 2004	4.45	2.69	1.37
26 July 2004	4.49	2.75	1.46
27 July 2004	4.62	2.82	1.47
28 July 2004	4.61	2.78	1.46
29 July 2004	4.60	2.75	1.44
30 July 2004	4.50	2.68	1.44
2 August 2004	4.48	2.66	1.51
3 August 2004	4.45	2.66	1.49
4 August 2004	4.45	2.66	1.49
5 August 2004	4.43	2.64	1.48
6 August 2004	4.24	2.40	1.43
9 August 2004	4.28	2.45	1.52
10 August 2004	4.32	2.55	1.52
11 August 2004	4.30	2.54	1.44
12 August 2004	4.27	2.52	1.43
13 August 2004	4.22	2.47	1.43
16 August 2004	4.26	2.51	1.50
17 August 2004	4.21	2.44	1.48
18 August 2004	4.23	2.44	1.49
19 August 2004	4.22	2.43	1.48
20 August 2004	4.24	2.46	1.49
23 August 2004	4.28	2.50	1.55
24 August 2004	4.28	2.50	1.55
25 August 2004	4.26	2.51	1.55
26 August 2004	4.22	2.48	1.55
27 August 2004	4.23	2.48	1.56
30 August 2004	4.19	2.47	1.62
31 August 2004	4.13	2.41	1.60
1 September 2004	4.13	2.41	1.58
2 September 2004	4.20	2.46	1.60
3 September 2004	4.30	2.61	1.65
6 September 2004	ND	ND	ND
7 September 2004	4.26	2.58	1.67
8 September 2004	4.18	2.50	1.65
9 September 2004	4.22	2.50	1.64
10 September 2004	4.19	2.50	1.66
13 September 2004	4.16	2.50	1.67
14 September 2004	4.15	2.47	1.67
15 September 2004	4.18	2.51	1.67
16 September 2004	4.08	2.44	1.67
17 September 2004	4.14	2.53	1.71
20 September 2004	4.07	2.46	1.73
21 September 2004	4.05	2.49	1.72
22 September 2004	4.00	2.50	1.71
23 September 2004	4.02	2.57	1.72
24 September 2004	4.04	2.62	1.73
27 September 2004	4.01	2.59	1.75
28 September 2004	4.02	2.55	1.72
29 September 2004	4.10	2.61	1.72
30 September 2004	4.14	2.63	1.71
1 October 2004	4.21	2.63	1.70
4 October 2004	4.19	2.65	1.72
5 October 2004	4.18	2.65	1.71
6 October 2004	4.23	2.70	1.71
7 October 2004	4.26	2.72	1.70
8 October 2004	4.15	2.61	1.70
11 October 2004	ND	ND	ND
12 October 2004	4.12	2.56	1.72
13 October 2004	4.09	2.53	1.72
14 October 2004	4.03	2.48	1.74
15 October 2004	4.07	2.53	1.75
18 October 2004	4.07	2.55	1.81
19 October 2004	4.07	2.57	1.82
20 October 2004	4.01	2.53	1.82
21 October 2004	4.01	2.57	1.84
22 October 2004	4.00	2.55	1.84
25 October 2004	3.99	2.54	1.90
26 October 2004	4.01	2.54	1.89
27 October 2004	4.11	2.63	1.92
28 October 2004	4.09	2.59	1.90
29 October 2004	4.05	2.56	1.90
1 November 2004	4.11	2.61	2.00
2 November 2004	4.10	2.60	1.98
3 November 2004	4.09	2.60	1.96
4 November 2004	4.10	2.63	1.98
5 November 2004	4.21	2.80	2.03
8 November 2004	4.22	2.80	2.08
9 November 2004	4.22	2.80	2.08
10 November 2004	4.25	2.82	2.08
11 November 2004	ND	ND	ND
12 November 2004	4.20	2.86	2.08
15 November 2004	4.20	2.89	2.13
16 November 2004	4.21	2.91	2.14
17 November 2004	4.14	2.85	2.13
18 November 2004	4.12	2.86	2.13
19 November 2004	4.20	2.95	2.14
22 November 2004	4.18	2.95	2.20
23 November 2004	4.19	2.98	2.17
24 November 2004	4.20	3.01	2.18
25 November 2004	ND	ND	ND
26 November 2004	4.24	3.03	2.20
29 November 2004	4.34	3.07	2.24
30 November 2004	4.36	3.02	2.24
1 December 2004	4.38	3.01	2.22
2 December 2004	4.40	3.04	2.22
3 December 2004	4.27	2.94	2.21
6 December 2004	4.24	2.93	2.26
7 December 2004	4.23	2.95	2.25
8 December 2004	4.14	2.91	2.24
9 December 2004	4.19	2.93	2.24
10 December 2004	4.16	2.95	2.25
13 December 2004	4.16	2.98	2.25
14 December 2004	4.14	2.99	2.22
15 December 2004	4.09	2.97	2.21
16 December 2004	4.19	3.01	2.20
17 December 2004	4.21	3.03	2.20
20 December 2004	4.21	3.06	2.23
21 December 2004	4.18	3.05	2.21
22 December 2004	4.21	3.04	2.19
23 December 2004	4.23	3.02	2.19
24 December 2004	ND	ND	ND
27 December 2004	4.30	3.07	2.28
28 December 2004	4.31	3.08	2.26
29 December 2004	4.33	3.12	2.23
30 December 2004	4.27	3.10	2.22
31 December 2004	4.24	3.08	2.22
3 January 2005	4.23	3.10	2.34
4 January 2005	4.29	3.20	2.35
5 January 2005	4.29	3.22	2.34
6 January 2005	4.29	3.18	2.31
7 January 2005	4.29	3.20	2.32
10 January 2005	4.29	3.23	2.38
11 January 2005	4.26	3.24	2.36
12 January 2005	4.25	3.22	2.35
13 January 2005	4.20	3.21	2.36
14 January 2005	4.23	3.24	2.37
17 January 2005	ND	ND	ND
18 January 2005	4.21	3.26	2.41
19 January 2005	4.20	3.26	2.38
20 January 2005	4.17	3.21	2.36
21 January 2005	4.16	3.16	2.36
24 January 2005	4.14	3.20	2.39
25 January 2005	4.20	3.23	2.41
26 January 2005	4.21	3.27	2.42
27 January 2005	4.22	3.28	2.45
28 January 2005	4.16	3.25	2.46
31 January 2005	4.14	3.29	2.53
1 February 2005	4.15	3.29	2.52
2 February 2005	4.15	3.32	2.52
3 February 2005	4.18	3.34	2.49
4 February 2005	4.09	3.29	2.48
7 February 2005	4.07	3.31	2.53
8 February 2005	4.05	3.33	2.53
9 February 2005	4.00	3.24	2.52
10 February 2005	4.07	3.29	2.52
11 February 2005	4.10	3.34	2.55
14 February 2005	4.08	3.38	2.60
15 February 2005	4.10	3.37	2.60
16 February 2005	4.16	3.41	2.58
17 February 2005	4.19	3.38	2.58
18 February 2005	4.27	3.45	2.61
21 February 2005	ND	ND	ND
22 February 2005	4.29	3.46	2.68
23 February 2005	4.27	3.46	2.68
24 February 2005	4.29	3.52	2.69
25 February 2005	4.27	3.54	2.75
28 February 2005	4.36	3.59	2.78
1 March 2005	4.38	3.59	2.76
2 March 2005	4.38	3.57	2.74
3 March 2005	4.39	3.59	2.76
4 March 2005	4.32	3.57	2.76
7 March 2005	4.31	3.61	2.77
8 March 2005	4.38	3.62	2.76
9 March 2005	4.52	3.66	2.76
10 March 2005	4.48	3.68	2.75
11 March 2005	4.56	3.73	2.76
14 March 2005	4.52	3.75	2.81
15 March 2005	4.54	3.75	2.81
16 March 2005	4.52	3.72	2.80
17 March 2005	4.47	3.70	2.79
18 March 2005	4.51	3.72	2.81
21 March 2005	4.53	3.72	2.86
22 March 2005	4.63	3.86	2.89
23 March 2005	4.61	3.84	2.83
24 March 2005	4.60	3.88	2.84
25 March 2005	ND	ND	ND
28 March 2005	4.64	3.90	2.85
29 March 2005	4.60	3.87	2.84
30 March 2005	4.56	3.86	2.83
31 March 2005	4.50	3.80	2.79
1 April 2005	4.46	3.75	2.80
4 April 2005	4.47	3.74	2.81
5 April 2005	4.48	3.75	2.80
6 April 2005	4.44	3.70	2.77
7 April 2005	4.49	3.72	2.77
8 April 2005	4.50	3.77	2.79
11 April 2005	4.45	3.75	2.77
12 April 2005	4.38	3.71	2.77
13 April 2005	4.38	3.66	2.78
14 April 2005	4.37	3.60	2.78
15 April 2005	4.27	3.54	2.79
18 April 2005	4.27	3.55	2.91
19 April 2005	4.21	3.50	2.91
20 April 2005	4.22	3.52	2.87
21 April 2005	4.32	3.65	2.88
22 April 2005	4.26	3.62	2.93
25 April 2005	4.26	3.64	2.94
26 April 2005	4.28	3.67	2.92
27 April 2005	4.25	3.64	2.89
28 April 2005	4.19	3.59	2.88
29 April 2005	4.21	3.66	2.90
2 May 2005	4.21	3.64	2.94
3 May 2005	4.21	3.68	2.91
4 May 2005	4.20	3.63	2.87
5 May 2005	4.19	3.58	2.81
6 May 2005	4.28	3.73	2.86
9 May 2005	4.29	3.76	2.92
10 May 2005	4.23	3.69	2.90
11 May 2005	4.21	3.68	2.87
12 May 2005	4.18	3.66	2.88
13 May 2005	4.12	3.61	2.82
16 May 2005	4.13	3.61	2.90
17 May 2005	4.12	3.61	2.88
18 May 2005	4.07	3.56	2.86
19 May 2005	4.11	3.64	2.87
20 May 2005	4.13	3.69	2.82
23 May 2005	4.07	3.65	2.97
24 May 2005	4.04	3.61	2.94
25 May 2005	4.08	3.61	2.95
26 May 2005	4.08	3.64	2.94
27 May 2005	4.08	3.64	2.96
30 May 2005	ND	ND	ND
31 May 2005	4.00	3.60	2.99
1 June 2005	3.91	3.50	2.97
2 June 2005	3.89	3.52	2.97
3 June 2005	3.98	3.57	3.00
6 June 2005	3.96	3.59	3.02
7 June 2005	3.92	3.57	3.02
8 June 2005	3.95	3.60	3.02
9 June 2005	3.98	3.64	2.99
10 June 2005	4.05	3.71	3.00
13 June 2005	4.09	3.71	3.03
14 June 2005	4.13	3.71	3.01
15 June 2005	4.12	3.72	3.00
16 June 2005	4.09	3.70	2.97
17 June 2005	4.09	3.72	2.98
20 June 2005	4.11	3.72	3.02
21 June 2005	4.06	3.71	3.02
22 June 2005	3.95	3.62	3.03
23 June 2005	3.96	3.63	3.06
24 June 2005	3.92	3.59	3.08
27 June 2005	3.90	3.60	3.16
28 June 2005	3.97	3.65	3.15
29 June 2005	3.99	3.65	3.13
30 June 2005	3.94	3.66	3.13
1 July 2005	4.06	3.76	3.17
4 July 2005	ND	ND	ND
5 July 2005	4.11	3.79	3.22
6 July 2005	4.08	3.77	3.19
7 July 2005	4.05	3.71	3.15
8 July 2005	4.11	3.78	3.17
11 July 2005	4.11	3.81	3.20
12 July 2005	4.15	3.82	3.21
13 July 2005	4.17	3.84	3.22
14 July 2005	4.19	3.86	3.23
15 July 2005	4.18	3.86	3.25
18 July 2005	4.22	3.89	3.30
19 July 2005	4.20	3.88	3.31
20 July 2005	4.17	3.90	3.30
21 July 2005	4.28	3.96	3.34
22 July 2005	4.23	3.92	3.37
25 July 2005	4.25	3.95	3.45
26 July 2005	4.24	3.95	3.44
27 July 2005	4.27	3.99	3.40
28 July 2005	4.20	3.96	3.40
29 July 2005	4.28	4.02	3.41
1 August 2005	4.32	4.04	3.49
2 August 2005	4.34	4.06	3.49
3 August 2005	4.30	4.02	3.46
4 August 2005	4.32	4.04	3.47
5 August 2005	4.40	4.11	3.52
8 August 2005	4.42	4.16	3.55
9 August 2005	4.41	4.13	3.52
10 August 2005	4.40	4.13	3.51
11 August 2005	4.32	4.10	3.51
12 August 2005	4.24	4.05	3.52
15 August 2005	4.27	4.08	3.55
16 August 2005	4.23	4.03	3.54
17 August 2005	4.28	4.07	3.52
18 August 2005	4.21	4.01	3.50
19 August 2005	4.21	4.03	3.52
22 August 2005	4.22	4.03	3.54
23 August 2005	4.20	4.01	3.54
24 August 2005	4.19	3.99	3.53
25 August 2005	4.18	4.00	3.54
26 August 2005	4.20	4.06	3.55
29 August 2005	4.20	4.06	3.55
30 August 2005	4.16	3.97	3.54
31 August 2005	4.02	3.84	3.52
1 September 2005	4.02	3.72	3.48
2 September 2005	4.03	3.75	3.45
5 September 2005	ND	ND	ND
6 September 2005	4.09	3.80	3.53
7 September 2005	4.15	3.87	3.49
8 September 2005	4.15	3.87	3.48
9 September 2005	4.14	3.88	3.49
12 September 2005	4.18	3.92	3.52
13 September 2005	4.14	3.88	3.48
14 September 2005	4.17	3.90	3.43
15 September 2005	4.22	3.90	3.45
16 September 2005	4.26	3.97	3.50
19 September 2005	4.25	3.93	3.59
20 September 2005	4.26	4.00	3.62
21 September 2005	4.19	3.96	3.42
22 September 2005	4.19	3.95	3.47
23 September 2005	4.25	4.02	3.48
26 September 2005	4.30	4.07	3.54
27 September 2005	4.30	4.08	3.50
28 September 2005	4.26	4.09	3.47
29 September 2005	4.29	4.13	3.54
30 September 2005	4.34	4.18	3.55
3 October 2005	4.39	4.21	3.62
4 October 2005	4.38	4.22	3.63
5 October 2005	4.36	4.21	3.58
6 October 2005	4.37	4.20	3.60
7 October 2005	4.35	4.18	3.62
10 October 2005	ND	ND	ND
11 October 2005	4.39	4.22	3.74
12 October 2005	4.45	4.24	3.70
13 October 2005	4.48	4.24	3.75
14 October 2005	4.48	4.27	3.77
17 October 2005	4.50	4.29	3.87
18 October 2005	4.49	4.27	3.86
19 October 2005	4.47	4.25	3.86
20 October 2005	4.46	4.27	3.85
21 October 2005	4.39	4.22	3.86
24 October 2005	4.45	4.25	3.93
25 October 2005	4.54	4.34	3.93
26 October 2005	4.60	4.38	3.90
27 October 2005	4.57	4.36	3.88
28 October 2005	4.58	4.40	3.92
31 October 2005	4.57	4.40	3.98
1 November 2005	4.58	4.42	3.96
2 November 2005	4.61	4.43	3.94
3 November 2005	4.65	4.47	3.94
4 November 2005	4.66	4.47	3.97
7 November 2005	4.65	4.47	3.96
8 November 2005	4.57	4.43	3.96
9 November 2005	4.64	4.49	3.99
10 November 2005	4.55	4.44	3.97
11 November 2005	ND	ND	ND
14 November 2005	4.61	4.50	4.02
15 November 2005	4.56	4.47	4.01
16 November 2005	4.49	4.42	4.00
17 November 2005	4.46	4.37	4.01
18 November 2005	4.50	4.40	4.00
21 November 2005	4.46	4.39	4.00
22 November 2005	4.43	4.32	3.93
23 November 2005	4.47	4.36	3.95
24 November 2005	ND	ND	ND
25 November 2005	4.43	4.33	3.95
28 November 2005	4.41	4.33	3.98
29 November 2005	4.48	4.40	3.98
30 November 2005	4.49	4.42	3.95
1 December 2005	4.52	4.45	3.97
2 December 2005	4.52	4.43	3.99
5 December 2005	4.57	4.47	4.05
6 December 2005	4.49	4.42	4.05
7 December 2005	4.52	4.42	4.03
8 December 2005	4.47	4.37	3.94
9 December 2005	4.54	4.43	3.94
12 December 2005	4.56	4.45	3.92
13 December 2005	4.54	4.43	3.92
14 December 2005	4.45	4.37	3.90
15 December 2005	4.47	4.37	3.93
16 December 2005	4.45	4.37	3.93
19 December 2005	4.45	4.38	3.98
20 December 2005	4.47	4.42	3.97
21 December 2005	4.49	4.43	3.99
22 December 2005	4.44	4.40	3.98
23 December 2005	4.38	4.37	3.99
26 December 2005	ND	ND	ND
27 December 2005	4.34	4.35	3.99
28 December 2005	4.38	4.37	3.96
29 December 2005	4.37	4.38	4.01
30 December 2005	4.39	4.41	4.08
2 January 2006	ND	ND	ND
3 January 2006	4.37	4.34	4.17
4 January 2006	4.36	4.31	4.19
5 January 2006	4.36	4.32	4.20
6 January 2006	4.38	4.36	4.22
9 January 2006	4.38	4.36	4.24
10 January 2006	4.43	4.41	4.29
11 January 2006	4.46	4.44	4.30
12 January 2006	4.42	4.39	4.32
13 January 2006	4.36	4.34	4.33
16 January 2006	ND	ND	ND
17 January 2006	4.34	4.33	4.39
18 January 2006	4.34	4.33	4.36
19 January 2006	4.38	4.37	4.36
20 January 2006	4.37	4.37	4.35
23 January 2006	4.36	4.35	4.39
24 January 2006	4.40	4.37	4.41
25 January 2006	4.49	4.46	4.43
26 January 2006	4.53	4.49	4.45
27 January 2006	4.52	4.51	4.45
30 January 2006	4.54	4.52	4.40
31 January 2006	4.53	4.54	4.48
1 February 2006	4.57	4.59	4.48
2 February 2006	4.57	4.59	4.48
3 February 2006	4.54	4.59	4.48
6 February 2006	4.55	4.62	4.49
7 February 2006	4.57	4.61	4.50
8 February 2006	4.56	4.64	4.51
9 February 2006	4.54	4.66	4.52
10 February 2006	4.59	4.69	4.53
13 February 2006	4.58	4.68	4.56
14 February 2006	4.62	4.69	4.56
15 February 2006	4.61	4.71	4.55
16 February 2006	4.59	4.69	4.55
17 February 2006	4.54	4.66	4.54
20 February 2006	ND	ND	ND
21 February 2006	4.57	4.71	4.57
22 February 2006	4.53	4.68	4.57
23 February 2006	4.56	4.72	4.59
24 February 2006	4.58	4.74	4.60
27 February 2006	4.59	4.74	4.63
28 February 2006	4.55	4.69	4.63
1 March 2006	4.59	4.71	4.60
2 March 2006	4.64	4.72	4.61
3 March 2006	4.68	4.76	4.61
6 March 2006	4.74	4.77	4.60
7 March 2006	4.74	4.77	4.60
8 March 2006	4.73	4.72	4.58
9 March 2006	4.74	4.72	4.59
10 March 2006	4.76	4.74	4.61
13 March 2006	4.77	4.74	4.61
14 March 2006	4.71	4.66	4.59
15 March 2006	4.73	4.69	4.63
16 March 2006	4.65	4.62	4.61
17 March 2006	4.68	4.65	4.63
20 March 2006	4.66	4.65	4.67
21 March 2006	4.71	4.72	4.69
22 March 2006	4.70	4.74	4.69
23 March 2006	4.73	4.77	4.67
24 March 2006	4.67	4.72	4.65
27 March 2006	4.70	4.72	4.63
28 March 2006	4.79	4.81	4.65
29 March 2006	4.81	4.82	4.63
30 March 2006	4.86	4.84	4.61
31 March 2006	4.86	4.82	4.63
3 April 2006	4.88	4.86	4.67
4 April 2006	4.87	4.84	4.68
5 April 2006	4.84	4.81	4.67
6 April 2006	4.90	4.84	4.68
7 April 2006	4.97	4.89	4.69
10 April 2006	4.97	4.89	4.70
11 April 2006	4.93	4.88	4.70
12 April 2006	4.98	4.91	4.70
13 April 2006	5.05	4.96	4.70
14 April 2006	ND	ND	ND
17 April 2006	5.01	4.91	4.73
18 April 2006	4.99	4.84	4.73
19 April 2006	5.04	4.86	4.73
20 April 2006	5.04	4.89	4.73
21 April 2006	5.01	4.90	4.75
24 April 2006	4.99	4.89	4.76
25 April 2006	5.07	4.95	4.79
26 April 2006	5.12	4.99	4.79
27 April 2006	5.09	4.91	4.78
28 April 2006	5.07	4.87	4.77
1 May 2006	5.14	4.94	4.82
2 May 2006	5.12	4.92	4.81
3 May 2006	5.15	4.94	4.82
4 May 2006	5.16	4.97	4.80
5 May 2006	5.12	4.94	4.82
8 May 2006	5.12	4.97	4.87
9 May 2006	5.13	4.97	4.88
10 May 2006	5.13	5.01	4.88
11 May 2006	5.14	4.99	4.82
12 May 2006	5.19	5.01	4.84
15 May 2006	5.15	4.99	4.86
16 May 2006	5.10	4.96	4.83
17 May 2006	5.16	4.97	4.83
18 May 2006	5.08	4.94	4.83
19 May 2006	5.05	4.96	4.82
22 May 2006	5.04	4.94	4.83
23 May 2006	5.07	4.97	4.84
24 May 2006	5.03	4.94	4.82
25 May 2006	5.07	4.98	4.82
26 May 2006	5.06	4.96	4.84
29 May 2006	ND	ND	ND
30 May 2006	5.09	4.99	4.84
31 May 2006	5.12	5.04	4.86
1 June 2006	5.11	5.04	4.83
2 June 2006	5.00	4.92	4.81
5 June 2006	5.02	4.99	4.85
6 June 2006	5.01	4.99	4.86
7 June 2006	5.02	5.02	4.86
8 June 2006	5.00	5.01	4.86
9 June 2006	4.98	5.01	4.87
12 June 2006	4.99	5.02	4.94
13 June 2006	4.97	5.02	4.90
14 June 2006	5.05	5.11	4.90
15 June 2006	5.10	5.14	4.84
16 June 2006	5.13	5.16	4.87
19 June 2006	5.14	5.19	4.94
20 June 2006	5.15	5.19	4.93
21 June 2006	5.16	5.20	4.92
22 June 2006	5.20	5.23	4.92
23 June 2006	5.23	5.27	4.97
26 June 2006	5.25	5.27	5.04
27 June 2006	5.21	5.24	5.05
28 June 2006	5.25	5.29	5.01
29 June 2006	5.22	5.21	5.01
30 June 2006	5.15	5.16	5.09
3 July 2006	5.15	5.17	5.09
4 July 2006	ND	ND	ND
5 July 2006	5.23	5.24	5.01
6 July 2006	5.19	5.22	5.00
7 July 2006	5.14	5.17	5.02
10 July 2006	5.13	5.17	5.06
11 July 2006	5.10	5.17	5.05
12 July 2006	5.10	5.17	5.06
13 July 2006	5.08	5.12	5.05
14 July 2006	5.07	5.08	5.06
17 July 2006	5.07	5.12	5.11
18 July 2006	5.13	5.19	5.13
19 July 2006	5.06	5.12	5.11
20 July 2006	5.03	5.06	5.08
21 July 2006	5.05	5.08	5.09
24 July 2006	5.05	5.10	5.10
25 July 2006	5.07	5.11	5.13
26 July 2006	5.04	5.06	5.11
27 July 2006	5.07	5.07	5.10
28 July 2006	5.00	4.98	5.07
31 July 2006	4.99	4.97	5.10
1 August 2006	4.99	4.97	5.12
2 August 2006	4.96	4.97	5.10
3 August 2006	4.96	4.98	5.11
4 August 2006	4.91	4.91	5.09
7 August 2006	4.93	4.96	5.12
8 August 2006	4.93	4.91	5.10
9 August 2006	4.92	4.91	5.07
10 August 2006	4.93	4.93	5.05
11 August 2006	4.97	4.96	5.07
14 August 2006	5.00	5.01	5.12
15 August 2006	4.93	4.94	5.10
16 August 2006	4.87	4.87	5.07
17 August 2006	4.87	4.89	5.09
18 August 2006	4.84	4.87	5.10
21 August 2006	4.82	4.85	5.11
22 August 2006	4.82	4.87	5.10
23 August 2006	4.82	4.87	5.09
24 August 2006	4.81	4.88	5.09
25 August 2006	4.79	4.86	5.11
28 August 2006	4.80	4.88	5.10
29 August 2006	4.79	4.87	5.07
30 August 2006	4.76	4.83	5.05
31 August 2006	4.74	4.79	5.05
1 September 2006	4.73	4.77	5.02
4 September 2006	ND	ND	ND
5 September 2006	4.78	4.80	5.00
6 September 2006	4.80	4.82	4.97
7 September 2006	4.80	4.82	4.97
8 September 2006	4.78	4.80	4.92
11 September 2006	4.80	4.83	4.94
12 September 2006	4.78	4.82	4.91
13 September 2006	4.77	4.80	4.92
14 September 2006	4.79	4.83	4.95
15 September 2006	4.80	4.87	4.95
18 September 2006	4.81	4.88	4.95
19 September 2006	4.74	4.79	4.95
20 September 2006	4.73	4.81	4.94
21 September 2006	4.65	4.71	4.92
22 September 2006	4.60	4.67	4.92
25 September 2006	4.56	4.63	4.88
26 September 2006	4.59	4.68	4.88
27 September 2006	4.60	4.66	4.88
28 September 2006	4.63	4.68	4.87
29 September 2006	4.64	4.71	4.89
2 October 2006	4.62	4.66	4.88
3 October 2006	4.62	4.67	4.91
4 October 2006	4.57	4.60	4.93
5 October 2006	4.61	4.65	4.94
6 October 2006	4.70	4.74	4.94
9 October 2006	ND	ND	ND
10 October 2006	4.75	4.82	5.00
11 October 2006	4.78	4.85	5.02
12 October 2006	4.79	4.85	5.06
13 October 2006	4.81	4.87	5.05
16 October 2006	4.79	4.85	5.09
17 October 2006	4.78	4.83	5.09
18 October 2006	4.77	4.85	5.09
19 October 2006	4.79	4.85	5.10
20 October 2006	4.79	4.87	5.09
23 October 2006	4.83	4.90	5.12
24 October 2006	4.83	4.91	5.13
25 October 2006	4.78	4.88	5.12
26 October 2006	4.73	4.81	5.12
27 October 2006	4.68	4.76	5.11
30 October 2006	4.68	4.78	5.10
31 October 2006	4.61	4.71	5.08
1 November 2006	4.57	4.66	5.07
2 November 2006	4.60	4.67	5.07
3 November 2006	4.72	4.82	5.09
6 November 2006	4.71	4.82	5.09
7 November 2006	4.66	4.77	5.08
8 November 2006	4.64	4.75	5.10
9 November 2006	4.62	4.75	5.09
10 November 2006	4.59	4.73	5.10
13 November 2006	4.61	4.76	5.09
14 November 2006	4.57	4.74	5.09
15 November 2006	4.61	4.80	5.09
16 November 2006	4.66	4.85	5.09
17 November 2006	4.61	4.76	5.09
20 November 2006	4.60	4.76	5.08
21 November 2006	4.58	4.75	5.07
22 November 2006	4.57	4.74	5.05
23 November 2006	ND	ND	ND
24 November 2006	4.55	4.73	5.04
27 November 2006	4.54	4.71	5.05
28 November 2006	4.51	4.67	5.04
29 November 2006	4.52	4.69	5.04
30 November 2006	4.46	4.62	5.03
1 December 2006	4.43	4.52	5.03
4 December 2006	4.43	4.52	5.01
5 December 2006	4.45	4.52	4.99
6 December 2006	4.48	4.59	4.99
7 December 2006	4.49	4.58	4.98
8 December 2006	4.56	4.68	4.97
11 December 2006	4.52	4.67	4.94
12 December 2006	4.49	4.61	4.94
13 December 2006	4.58	4.70	4.95
14 December 2006	4.60	4.73	4.96
15 December 2006	4.60	4.73	4.91
18 December 2006	4.60	4.71	4.97
19 December 2006	4.60	4.71	4.97
20 December 2006	4.60	4.71	4.97
21 December 2006	4.55	4.66	4.97
22 December 2006	4.63	4.71	4.99
25 December 2006	ND	ND	ND
26 December 2006	4.61	4.71	5.00
27 December 2006	4.66	4.77	4.98
28 December 2006	4.70	4.82	5.00
29 December 2006	4.71	4.82	5.02
1 January 2007	ND	ND	ND
2 January 2007	4.68	4.80	5.07
3 January 2007	4.67	4.76	5.05
4 January 2007	4.62	4.71	5.04
5 January 2007	4.65	4.76	5.05
8 January 2007	4.66	4.78	5.08
9 January 2007	4.66	4.79	5.08
10 January 2007	4.69	4.81	5.09
11 January 2007	4.74	4.86	5.11
12 January 2007	4.77	4.88	5.09
15 January 2007	ND	ND	ND
16 January 2007	4.75	4.86	5.11
17 January 2007	4.79	4.91	5.12
18 January 2007	4.75	4.89	5.12
19 January 2007	4.78	4.93	5.14
22 January 2007	4.76	4.91	5.13
23 January 2007	4.81	4.94	5.14
24 January 2007	4.81	4.93	5.13
25 January 2007	4.87	4.98	5.14
26 January 2007	4.88	4.99	5.13
29 January 2007	4.90	4.99	5.14
30 January 2007	4.88	4.98	5.13
31 January 2007	4.83	4.94	5.12
1 February 2007	4.84	4.96	5.13
2 February 2007	4.83	4.94	5.14
5 February 2007	4.81	4.92	5.16
6 February 2007	4.77	4.90	5.14
7 February 2007	4.74	4.87	5.16
8 February 2007	4.73	4.87	5.16
9 February 2007	4.79	4.92	5.15
12 February 2007	4.80	4.94	5.18
13 February 2007	4.82	4.95	5.17
14 February 2007	4.74	4.87	5.16
15 February 2007	4.70	4.83	5.16
16 February 2007	4.69	4.83	5.17
19 February 2007	ND	ND	ND
20 February 2007	4.68	4.81	5.19
21 February 2007	4.69	4.82	5.18
22 February 2007	4.73	4.87	5.19
23 February 2007	4.68	4.82	5.18
26 February 2007	4.63	4.77	5.19
27 February 2007	4.50	4.59	5.14
28 February 2007	4.56	4.65	5.16
1 March 2007	4.56	4.63	5.15
2 March 2007	4.52	4.56	5.12
5 March 2007	4.51	4.53	5.10
6 March 2007	4.53	4.58	5.14
7 March 2007	4.50	4.54	5.12
8 March 2007	4.51	4.56	5.10
9 March 2007	4.59	4.66	5.10
12 March 2007	4.56	4.62	5.09
13 March 2007	4.50	4.52	5.09
14 March 2007	4.53	4.54	5.06
15 March 2007	4.54	4.57	5.05
16 March 2007	4.55	4.58	5.04
19 March 2007	4.58	4.61	5.06
20 March 2007	4.56	4.60	5.06
21 March 2007	4.53	4.51	5.05
22 March 2007	4.60	4.58	5.06
23 March 2007	4.62	4.60	5.08
26 March 2007	4.60	4.56	5.06
27 March 2007	4.62	4.58	5.08
28 March 2007	4.62	4.53	5.06
29 March 2007	4.64	4.58	5.05
30 March 2007	4.65	4.58	5.04
2 April 2007	4.65	4.60	5.04
3 April 2007	4.67	4.63	5.05
4 April 2007	4.66	4.61	5.06
5 April 2007	4.68	4.63	5.04
6 April 2007	4.76	4.75	5.05
9 April 2007	4.75	4.73	5.02
10 April 2007	4.73	4.71	5.03
11 April 2007	4.74	4.73	5.04
12 April 2007	4.74	4.73	5.03
13 April 2007	4.76	4.76	5.02
16 April 2007	4.74	4.74	5.01
17 April 2007	4.69	4.68	5.01
18 April 2007	4.66	4.64	5.00
19 April 2007	4.68	4.64	4.99
20 April 2007	4.68	4.64	4.99
23 April 2007	4.66	4.62	4.98
24 April 2007	4.63	4.58	4.98
25 April 2007	4.66	4.63	4.97
26 April 2007	4.69	4.67	4.96
27 April 2007	4.71	4.67	4.95
30 April 2007	4.63	4.60	4.92
1 May 2007	4.64	4.63	4.90
2 May 2007	4.65	4.65	4.91
3 May 2007	4.68	4.71	4.90
4 May 2007	4.65	4.68	4.90
7 May 2007	4.64	4.68	4.90
8 May 2007	4.63	4.68	4.90
9 May 2007	4.67	4.73	4.88
10 May 2007	4.65	4.70	4.87
11 May 2007	4.67	4.71	4.86
14 May 2007	4.69	4.73	4.85
15 May 2007	4.71	4.75	4.84
16 May 2007	4.71	4.73	4.75
17 May 2007	4.76	4.78	4.81
18 May 2007	4.81	4.82	4.83
21 May 2007	4.79	4.81	4.88
22 May 2007	4.83	4.83	4.93
23 May 2007	4.86	4.85	4.91
24 May 2007	4.86	4.85	4.91
25 May 2007	4.86	4.85	4.88
28 May 2007	ND	ND	ND
29 May 2007	4.88	4.88	4.90
30 May 2007	4.88	4.89	4.85
31 May 2007	4.90	4.92	4.73
1 June 2007	4.95	4.97	4.79
4 June 2007	4.93	4.97	4.81
5 June 2007	4.98	4.99	4.84
6 June 2007	4.97	4.97	4.80
7 June 2007	5.11	5.03	4.80
8 June 2007	5.12	5.01	4.77
11 June 2007	5.14	5.01	4.73
12 June 2007	5.26	5.08	4.72
13 June 2007	5.20	5.08	4.66
14 June 2007	5.23	5.10	4.65
15 June 2007	5.16	5.05	4.55
18 June 2007	5.15	5.01	4.64
19 June 2007	5.09	4.94	4.65
20 June 2007	5.14	4.97	4.74
21 June 2007	5.16	4.98	4.70
22 June 2007	5.14	4.92	4.72
25 June 2007	5.09	4.87	4.83
26 June 2007	5.10	4.90	4.83
27 June 2007	5.09	4.91	4.77
28 June 2007	5.12	4.96	4.77
29 June 2007	5.03	4.87	4.81
2 July 2007	5.00	4.86	4.95
3 July 2007	5.05	4.89	4.95
4 July 2007	ND	ND	ND
5 July 2007	5.16	4.99	4.95
6 July 2007	5.19	4.99	4.95
9 July 2007	5.16	4.97	4.97
10 July 2007	5.03	4.85	4.95
11 July 2007	5.09	4.89	4.95
12 July 2007	5.13	4.94	4.97
13 July 2007	5.11	4.94	4.97
16 July 2007	5.05	4.89	4.98
17 July 2007	5.08	4.91	4.96
18 July 2007	5.02	4.84	4.96
19 July 2007	5.04	4.87	4.98
20 July 2007	4.96	4.79	4.97
23 July 2007	4.97	4.80	5.02
24 July 2007	4.94	4.77	5.02
25 July 2007	4.92	4.74	4.99
26 July 2007	4.79	4.56	4.92
27 July 2007	4.80	4.56	4.85
30 July 2007	4.82	4.59	4.96
31 July 2007	4.78	4.56	4.96
1 August 2007	4.76	4.56	4.89
2 August 2007	4.77	4.59	4.89
3 August 2007	4.71	4.46	4.85
6 August 2007	4.72	4.46	4.88
7 August 2007	4.77	4.56	4.94
8 August 2007	4.84	4.64	4.95
9 August 2007	4.79	4.49	4.80
10 August 2007	4.81	4.47	4.56
13 August 2007	4.78	4.46	4.74
14 August 2007	4.73	4.39	4.64
15 August 2007	4.69	4.27	4.21
16 August 2007	4.60	4.08	3.79
17 August 2007	4.68	4.18	3.74
20 August 2007	4.64	4.11	3.16
21 August 2007	4.60	4.05	3.60
22 August 2007	4.63	4.15	3.67
23 August 2007	4.62	4.20	3.89
24 August 2007	4.63	4.30	4.24
27 August 2007	4.60	4.28	4.63
28 August 2007	4.53	4.13	4.40
29 August 2007	4.57	4.14	3.98
30 August 2007	4.51	4.08	3.84
31 August 2007	4.54	4.15	4.01
3 September 2007	ND	ND	ND
4 September 2007	4.56	4.13	4.47
5 September 2007	4.48	4.03	4.36
6 September 2007	4.51	4.08	4.29
7 September 2007	4.38	3.90	4.06
10 September 2007	4.34	3.87	3.96
11 September 2007	4.37	3.95	4.11
12 September 2007	4.41	3.95	4.04
13 September 2007	4.49	4.08	4.08
14 September 2007	4.47	4.05	4.00
17 September 2007	4.48	4.08	4.16
18 September 2007	4.50	4.00	4.01
19 September 2007	4.53	4.00	3.93
20 September 2007	4.69	4.10	3.79
21 September 2007	4.64	4.06	3.73
24 September 2007	4.63	4.05	3.86
25 September 2007	4.63	4.00	3.80
26 September 2007	4.63	3.97	3.74
27 September 2007	4.58	3.95	3.71
28 September 2007	4.59	3.97	3.82
1 October 2007	4.56	4.02	3.93
2 October 2007	4.54	3.98	3.96
3 October 2007	4.55	4.02	3.96
4 October 2007	4.54	4.00	3.95
5 October 2007	4.65	4.08	3.99
8 October 2007	ND	ND	ND
9 October 2007	4.67	4.15	4.07
10 October 2007	4.65	4.15	4.06
11 October 2007	4.66	4.13	4.12
12 October 2007	4.70	4.23	4.20
15 October 2007	4.69	4.22	4.31
16 October 2007	4.66	4.12	4.25
17 October 2007	4.57	4.00	4.01
18 October 2007	4.52	3.93	3.76
19 October 2007	4.41	3.80	3.85
22 October 2007	4.42	3.85	4.00
23 October 2007	4.41	3.81	3.98
24 October 2007	4.36	3.74	3.85
25 October 2007	4.37	3.74	3.94
26 October 2007	4.41	3.77	3.96
29 October 2007	4.39	3.79	4.01
30 October 2007	4.40	3.82	3.96
31 October 2007	4.48	3.94	3.94
1 November 2007	4.36	3.77	3.81
2 November 2007	4.31	3.66	3.61
5 November 2007	4.35	3.69	3.71
6 November 2007	4.38	3.70	3.76
7 November 2007	4.34	3.61	3.49
8 November 2007	4.28	3.47	3.38
9 November 2007	4.23	3.42	3.27
12 November 2007	ND	ND	ND
13 November 2007	4.26	3.54	3.50
14 November 2007	4.28	3.57	3.41
15 November 2007	4.17	3.35	3.30
16 November 2007	4.15	3.33	3.40
19 November 2007	4.07	3.18	3.40
20 November 2007	4.06	3.14	3.25
21 November 2007	4.00	2.99	3.09
22 November 2007	ND	ND	ND
23 November 2007	4.01	3.07	3.23
26 November 2007	3.83	2.92	3.14
27 November 2007	3.95	3.05	3.16
28 November 2007	4.03	3.17	3.05
29 November 2007	3.94	3.06	2.99
30 November 2007	3.97	3.04	3.15
3 December 2007	3.89	2.90	3.06
4 December 2007	3.89	2.90	3.07
5 December 2007	3.92	2.90	3.07
6 December 2007	4.02	3.03	3.09
7 December 2007	4.12	3.12	3.11
10 December 2007	4.15	3.17	3.05
11 December 2007	3.98	2.94	2.94
12 December 2007	4.05	3.07	2.88
13 December 2007	4.18	3.21	2.87
14 December 2007	4.24	3.31	2.88
17 December 2007	4.20	3.24	3.08
18 December 2007	4.14	3.19	3.05
19 December 2007	4.06	3.12	2.92
20 December 2007	4.04	3.09	2.92
21 December 2007	4.18	3.19	2.99
24 December 2007	4.23	3.24	3.34
25 December 2007	ND	ND	ND
26 December 2007	4.30	3.31	3.32
27 December 2007	4.21	3.24	3.17
28 December 2007	4.11	3.12	3.18
31 December 2007	4.04	3.05	3.37
1 January 2008	ND	ND	ND
2 January 2008	3.91	2.88	3.26
3 January 2008	3.91	2.83	3.24
4 January 2008	3.88	2.74	3.20
7 January 2008	3.86	2.76	3.27
8 January 2008	3.86	2.76	3.25
9 January 2008	3.82	2.69	3.22
10 January 2008	3.91	2.71	3.24
11 January 2008	3.82	2.59	3.09
14 January 2008	3.81	2.58	3.19
15 January 2008	3.72	2.53	3.17
16 January 2008	3.74	2.51	3.14
17 January 2008	3.66	2.44	3.07
18 January 2008	3.66	2.36	2.86
21 January 2008	ND	ND	ND
22 January 2008	3.52	2.08	2.35
23 January 2008	3.51	2.09	2.21
24 January 2008	3.68	2.25	2.37
25 January 2008	3.61	2.23	2.30
28 January 2008	3.61	2.20	2.34
29 January 2008	3.69	2.29	2.28
30 January 2008	3.78	2.30	2.21
31 January 2008	3.67	2.17	1.96
1 February 2008	3.62	2.09	2.10
4 February 2008	3.68	2.08	2.27
5 February 2008	3.61	1.93	2.19
6 February 2008	3.61	1.96	2.10
7 February 2008	3.74	1.99	2.17
8 February 2008	3.64	1.93	2.23
11 February 2008	3.62	1.93	2.30
12 February 2008	3.66	1.94	2.30
13 February 2008	3.70	1.91	2.27
14 February 2008	3.85	1.93	2.31
15 February 2008	3.76	1.91	2.21
18 February 2008	ND	ND	ND
19 February 2008	3.89	2.06	2.28
20 February 2008	3.93	2.14	2.25
21 February 2008	3.77	1.98	2.20
22 February 2008	3.79	1.98	2.20
25 February 2008	3.91	2.13	2.20
26 February 2008	3.88	2.04	2.14
27 February 2008	3.85	2.01	1.98
28 February 2008	3.71	1.87	1.90
29 February 2008	3.53	1.65	1.85
3 March 2008	3.54	1.61	1.71
4 March 2008	3.63	1.65	1.66
5 March 2008	3.70	1.66	1.53
6 March 2008	3.62	1.53	1.39
7 March 2008	3.56	1.53	1.44
10 March 2008	3.46	1.47	1.35
11 March 2008	3.60	1.74	1.48
12 March 2008	3.49	1.63	1.48
13 March 2008	3.56	1.63	1.35
14 March 2008	3.44	1.47	1.18
17 March 2008	3.34	1.35	1.11
18 March 2008	3.48	1.58	0.92
19 March 2008	3.38	1.54	0.61
20 March 2008	3.34	1.59	0.63
21 March 2008	ND	ND	ND
24 March 2008	3.56	1.84	1.25
25 March 2008	3.51	1.79	1.29
26 March 2008	3.51	1.71	1.29
27 March 2008	3.56	1.73	1.30
28 March 2008	3.47	1.67	1.33
31 March 2008	3.45	1.62	1.39
1 April 2008	3.57	1.80	1.40
2 April 2008	3.60	1.88	1.41
3 April 2008	3.61	1.91	1.40
4 April 2008	3.50	1.83	1.35
7 April 2008	3.57	1.95	1.46
8 April 2008	3.58	1.87	1.41
9 April 2008	3.49	1.77	1.31
10 April 2008	3.55	1.84	1.27
11 April 2008	3.49	1.76	1.19
14 April 2008	3.53	1.78	1.09
15 April 2008	3.60	1.84	1.11
16 April 2008	3.72	1.98	1.13
17 April 2008	3.75	2.13	1.23
18 April 2008	3.77	2.19	1.34
21 April 2008	3.75	2.20	1.35
22 April 2008	3.74	2.24	1.28
23 April 2008	3.77	2.22	1.26
24 April 2008	3.87	2.41	1.26
25 April 2008	3.91	2.44	1.33
28 April 2008	3.86	2.36	1.45
29 April 2008	3.85	2.35	1.47
30 April 2008	3.77	2.29	1.43
1 May 2008	3.78	2.37	1.44
2 May 2008	3.89	2.47	1.50
5 May 2008	3.88	2.42	1.54
6 May 2008	3.93	2.38	1.63
7 May 2008	3.87	2.31	1.67
8 May 2008	3.79	2.25	1.66
9 May 2008	3.77	2.25	1.69
12 May 2008	3.78	2.30	1.77
13 May 2008	3.90	2.47	1.83
14 May 2008	3.92	2.53	1.82
15 May 2008	3.83	2.45	1.83
16 May 2008	3.85	2.47	1.84
19 May 2008	3.83	2.42	1.82
20 May 2008	3.78	2.34	1.86
21 May 2008	3.81	2.41	1.86
22 May 2008	3.92	2.56	1.86
23 May 2008	3.85	2.46	1.85
26 May 2008	ND	ND	ND
27 May 2008	3.93	2.55	1.89
28 May 2008	4.03	2.62	1.89
29 May 2008	4.08	2.67	1.90
30 May 2008	4.06	2.66	1.88
2 June 2008	3.98	2.51	1.85
3 June 2008	3.92	2.45	1.85
4 June 2008	3.98	2.47	1.84
5 June 2008	4.06	2.52	1.85
6 June 2008	3.94	2.40	1.84
9 June 2008	4.02	2.73	1.89
10 June 2008	4.11	2.91	2.02
11 June 2008	4.10	2.83	1.96
12 June 2008	4.23	3.03	2.00
13 June 2008	4.27	3.05	1.99
16 June 2008	4.25	3.02	2.08
17 June 2008	4.23	2.94	2.00
18 June 2008	4.16	2.89	1.93
19 June 2008	4.22	2.99	1.90
20 June 2008	4.16	2.88	1.86
23 June 2008	4.19	2.98	1.88
24 June 2008	4.10	2.87	1.83
25 June 2008	4.12	2.82	1.81
26 June 2008	4.07	2.68	1.73
27 June 2008	3.99	2.65	1.67
30 June 2008	3.99	2.63	1.90
1 July 2008	4.01	2.63	1.87
2 July 2008	3.99	2.60	1.82
3 July 2008	3.99	2.54	1.84
4 July 2008	ND	ND	ND
7 July 2008	3.95	2.47	1.87
8 July 2008	3.91	2.47	1.86
9 July 2008	3.85	2.41	1.82
10 July 2008	3.83	2.44	1.67
11 July 2008	3.96	2.59	1.61
14 July 2008	3.90	2.47	1.53
15 July 2008	3.87	2.39	1.39
16 July 2008	3.97	2.44	1.37
17 July 2008	4.07	2.58	1.42
18 July 2008	4.11	2.66	1.48
21 July 2008	4.09	2.66	1.49
22 July 2008	4.14	2.74	1.55
23 July 2008	4.16	2.81	1.59
24 July 2008	4.03	2.61	1.65
25 July 2008	4.13	2.70	1.74
28 July 2008	4.06	2.59	1.73
29 July 2008	4.09	2.65	1.72
30 July 2008	4.07	2.64	1.70
31 July 2008	3.99	2.52	1.68
1 August 2008	3.97	2.51	1.66
4 August 2008	3.98	2.53	1.75
5 August 2008	4.04	2.54	1.75
6 August 2008	4.06	2.56	1.64
7 August 2008	3.92	2.43	1.66
8 August 2008	3.94	2.51	1.70
11 August 2008	3.99	2.56	1.87
12 August 2008	3.91	2.45	1.86
13 August 2008	3.94	2.50	1.85
14 August 2008	3.89	2.45	1.88
15 August 2008	3.84	2.40	1.84
18 August 2008	3.82	2.35	1.82
19 August 2008	3.83	2.32	1.80
20 August 2008	3.79	2.25	1.71
21 August 2008	3.84	2.33	1.72
22 August 2008	3.87	2.42	1.70
25 August 2008	3.79	2.33	1.74
26 August 2008	3.79	2.35	1.71
27 August 2008	3.77	2.31	1.67
28 August 2008	3.79	2.37	1.74
29 August 2008	3.83	2.36	1.72
1 September 2008	ND	ND	ND
2 September 2008	3.74	2.26	1.72
3 September 2008	3.71	2.26	1.70
4 September 2008	3.64	2.20	1.69
5 September 2008	3.66	2.23	1.68
8 September 2008	3.66	2.30	1.72
9 September 2008	3.62	2.23	1.66
10 September 2008	3.65	2.22	1.65
11 September 2008	3.64	2.18	1.61
12 September 2008	3.74	2.23	1.49
15 September 2008	3.47	1.78	1.05
16 September 2008	3.48	1.89	0.85
17 September 2008	3.41	1.64	0.03
18 September 2008	3.54	1.78	0.23
19 September 2008	3.78	2.16	0.99
22 September 2008	3.83	2.13	1.31
23 September 2008	3.85	2.11	0.82
24 September 2008	3.80	2.03	0.51
25 September 2008	3.88	2.16	0.76
26 September 2008	3.85	2.11	0.87
29 September 2008	3.61	1.70	0.98
30 September 2008	3.85	2.00	0.91
1 October 2008	3.77	1.82	0.85
2 October 2008	3.66	1.62	0.63
3 October 2008	3.63	1.60	0.51
6 October 2008	3.48	1.43	0.55
7 October 2008	3.50	1.47	0.82
8 October 2008	3.72	1.65	0.68
9 October 2008	3.84	1.65	0.59
10 October 2008	3.89	1.62	0.24
13 October 2008	ND	ND	ND
14 October 2008	4.08	1.82	0.35
15 October 2008	4.04	1.64	0.22
16 October 2008	3.99	1.61	0.46
17 October 2008	3.98	1.64	0.81
20 October 2008	3.91	1.71	1.26
21 October 2008	3.76	1.58	1.11
22 October 2008	3.65	1.53