Accessible Version

Summary Part 1: Recent Economic and Financial Developments Part 2: Monetary Policy Part 3: Summary of Economic Projections Abbreviations

Accessible Version

Part 1: Recent Economic and Financial Developments

Figure 1. Net change in payroll employment

3-month moving averages
Thousands of jobs

Period	Total nonfarm	Private
January 2009	-751.00	-761.00
February 2009	-732.67	-738.00
March 2009	-764.33	-765.67
April 2009	-736.67	-769.33
May 2009	-620.00	-633.67
June 2009	-509.00	-514.33
July 2009	-388.33	-336.33
August 2009	-335.67	-309.00
September 2009	-255.67	-214.00
October 2009	-211.33	-212.33
November 2009	-142.00	-140.67
December 2009	-158.00	-168.33
January 2010	-82.33	-71.33
February 2010	-110.67	-91.67
March 2010	46.00	34.00
April 2010	113.67	87.67
May 2010	312.00	138.67
June 2010	201.00	127.00
July 2010	101.33	101.33
August 2010	-78.00	114.00
September 2010	-52.33	112.00
October 2010	62.67	153.33
November 2010	111.00	155.33
December 2010	156.33	150.00
January 2011	82.00	95.00
February 2011	99.67	123.67
March 2011	160.00	184.67
April 2011	253.00	277.67
May 2011	219.33	248.00
June 2011	212.67	222.00
July 2011	129.00	174.00
August 2011	139.33	176.67
September 2011	139.00	199.33
October 2011	184.67	201.67
November 2011	195.67	211.00
December 2011	185.00	194.67
January 2012	231.33	248.67
February 2012	260.67	268.67
March 2012	281.67	285.33
April 2012	189.67	194.67
May 2012	151.00	163.00
June 2012	85.67	90.00
July 2012	113.67	119.67
August 2012	132.33	130.67
September 2012	174.33	176.00
October 2012	173.33	176.67
November 2012	159.00	170.00
December 2012	175.33	188.00
January 2013	193.33	204.67
February 2013	238.33	239.00
March 2013	209.33	215.00
April 2013	200.00	200.00
May 2013	191.67	197.33
June 2013	192.33	202.33
July 2013	169.67	187.67
August 2013	176.33	187.33
September 2013	190.67	192.33
October 2013	223.67	218.67
November 2013	210.67	206.67
December 2013	174.67	179.67
January 2014	162.67	169.33
February 2014	149.67	156.33
March 2014	205.67	202.00
April 2014	251.33	235.67
May 2014	274.67	261.33
June 2014	289.67	268.33
July 2014	251.33	244.33
August 2014	242.67	242.67
September 2014	235.33	235.00
October 2014	255.00	242.00
November 2014	282.00	258.33
December 2014	271.00	253.33
January 2015	256.33	243.67
February 2015	243.00	229.33
March 2015	185.33	180.33
April 2015	209.00	194.00
May 2015	228.67	217.00
June 2015	266.33	250.33
July 2015	257.67	246.33
August 2015	203.67	183.00
September 2015	169.33	159.67
October 2015	201.00	192.67
November 2015	234.33	230.33
December 2015	283.00	263.33
January 2016	200.33	182.33
February 2016	198.00	180.00
March 2016	198.33	174.00
April 2016	222.00	200.67
May 2016	147.67	130.00
June 2016	164.33	159.67
July 2016	214.67	180.00
August 2016	261.67	230.67
September 2016	254.67	214.00
October 2016	193.00	186.67
November 2016	192.00	187.33
December 2016	164.00	165.00
January 2017	203.67	199.33
February 2017	213.00	209.33
March 2017	177.33	174.67
April 2017	149.33	148.67
May 2017	134.33	135.67
June 2017	189.67	186.33
July 2017	194.67	191.00
August 2017	216.67	205.33
September 2017	141.67	137.33
October 2017	168.67	167.00
November 2017	167.00	170.00
December 2017	215.67	220.00
January 2018	192.00	193.00

Source: Bureau of Labor Statistics via Haver Analytics.

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Figure 2. Measures of labor underutilization

Monthly
Percent

Period	Unemployment rate	U-4	U-5	U-6
January 2006	4.7	5.0	5.7	8.4
February 2006	4.8	5.0	5.7	8.4
March 2006	4.7	5.0	5.6	8.2
April 2006	4.7	5.0	5.5	8.1
May 2006	4.6	4.8	5.5	8.2
June 2006	4.6	4.9	5.6	8.4
July 2006	4.7	5.0	5.7	8.5
August 2006	4.7	5.0	5.7	8.4
September 2006	4.5	4.7	5.3	8.0
October 2006	4.4	4.6	5.3	8.2
November 2006	4.5	4.7	5.4	8.1
December 2006	4.4	4.6	5.2	7.9
January 2007	4.6	4.9	5.6	8.4
February 2007	4.5	4.8	5.4	8.2
March 2007	4.4	4.6	5.3	8.0
April 2007	4.5	4.7	5.4	8.2
May 2007	4.4	4.7	5.3	8.2
June 2007	4.6	4.8	5.5	8.3
July 2007	4.7	4.9	5.5	8.4
August 2007	4.6	4.9	5.5	8.4
September 2007	4.7	4.8	5.5	8.4
October 2007	4.7	4.9	5.6	8.4
November 2007	4.7	4.9	5.5	8.4
December 2007	5.0	5.2	5.8	8.8
January 2008	5.0	5.3	6.0	9.2
February 2008	4.9	5.1	5.9	9.0
March 2008	5.1	5.3	5.9	9.1
April 2008	5.0	5.2	5.8	9.2
May 2008	5.4	5.7	6.3	9.7
June 2008	5.6	5.8	6.5	10.1
July 2008	5.8	6.1	6.7	10.5
August 2008	6.1	6.3	7.1	10.8
September 2008	6.1	6.4	7.1	11.0
October 2008	6.5	6.8	7.5	11.8
November 2008	6.8	7.2	8.0	12.6
December 2008	7.3	7.7	8.4	13.6
January 2009	7.8	8.3	9.1	14.2
February 2009	8.3	8.8	9.5	15.2
March 2009	8.7	9.1	9.9	15.8
April 2009	9.0	9.4	10.2	15.9
May 2009	9.4	9.8	10.6	16.5
June 2009	9.5	10.0	10.8	16.5
July 2009	9.5	9.9	10.8	16.4
August 2009	9.6	10.0	10.9	16.7
September 2009	9.8	10.2	11.0	16.7
October 2009	10.0	10.5	11.4	17.1
November 2009	9.9	10.4	11.2	17.1
December 2009	9.9	10.4	11.3	17.1
January 2010	9.8	10.4	11.3	16.7
February 2010	9.8	10.5	11.3	17.0
March 2010	9.9	10.5	11.2	17.1
April 2010	9.9	10.6	11.3	17.1
May 2010	9.6	10.3	10.9	16.6
June 2010	9.4	10.1	10.9	16.4
July 2010	9.4	10.1	11.0	16.4
August 2010	9.5	10.2	10.9	16.5
September 2010	9.5	10.2	10.9	16.8
October 2010	9.4	10.2	11.0	16.6
November 2010	9.8	10.5	11.2	16.9
December 2010	9.3	10.1	10.9	16.6
January 2011	9.1	9.7	10.8	16.2
February 2011	9.0	9.6	10.6	16.0
March 2011	9.0	9.5	10.4	15.9
April 2011	9.1	9.7	10.5	16.1
May 2011	9.0	9.5	10.3	15.8
June 2011	9.1	9.7	10.7	16.1
July 2011	9.0	9.6	10.6	15.9
August 2011	9.0	9.6	10.5	16.1
September 2011	9.0	9.7	10.5	16.4
October 2011	8.8	9.4	10.3	15.8
November 2011	8.6	9.3	10.1	15.5
December 2011	8.5	9.1	10.0	15.2
January 2012	8.3	8.9	9.9	15.2
February 2012	8.3	8.9	9.8	15.0
March 2012	8.2	8.7	9.6	14.5
April 2012	8.2	8.8	9.6	14.6
May 2012	8.2	8.7	9.6	14.7
June 2012	8.2	8.7	9.6	14.8
July 2012	8.2	8.7	9.6	14.8
August 2012	8.1	8.6	9.6	14.6
September 2012	7.8	8.3	9.3	14.8
October 2012	7.8	8.3	9.2	14.4
November 2012	7.7	8.3	9.2	14.4
December 2012	7.9	8.5	9.4	14.4
January 2013	8.0	8.5	9.4	14.6
February 2013	7.7	8.2	9.2	14.4
March 2013	7.5	8.0	8.9	13.8
April 2013	7.6	8.1	8.9	14.0
May 2013	7.5	8.0	8.8	13.8
June 2013	7.5	8.2	9.1	14.2
July 2013	7.3	7.9	8.7	13.8
August 2013	7.2	7.8	8.6	13.6
September 2013	7.2	7.7	8.6	13.5
October 2013	7.2	7.7	8.5	13.6
November 2013	6.9	7.4	8.2	13.1
December 2013	6.7	7.3	8.1	13.1
January 2014	6.6	7.1	8.1	12.7
February 2014	6.7	7.1	8.0	12.7
March 2014	6.7	7.1	8.0	12.7
April 2014	6.3	6.7	7.5	12.3
May 2014	6.3	6.7	7.5	12.1
June 2014	6.1	6.5	7.3	12.0
July 2014	6.2	6.6	7.5	12.1
August 2014	6.2	6.6	7.4	11.9
September 2014	5.9	6.4	7.3	11.7
October 2014	5.7	6.2	7.0	11.5
November 2014	5.8	6.2	7.0	11.4
December 2014	5.6	6.0	6.9	11.2
January 2015	5.7	6.1	7.0	11.3
February 2015	5.5	5.9	6.8	11.0
March 2015	5.5	5.9	6.7	10.9
April 2015	5.4	5.9	6.7	10.9
May 2015	5.5	5.8	6.6	10.8
June 2015	5.3	5.7	6.4	10.4
July 2015	5.2	5.6	6.4	10.3
August 2015	5.1	5.5	6.2	10.2
September 2015	5.0	5.4	6.2	10.0
October 2015	5.0	5.4	6.2	9.8
November 2015	5.0	5.4	6.1	9.9
December 2015	5.0	5.4	6.1	9.9
January 2016	4.9	5.3	6.2	9.9
February 2016	4.9	5.3	6.0	9.7
March 2016	5.0	5.4	6.1	9.8
April 2016	5.0	5.3	6.0	9.8
May 2016	4.7	5.0	5.7	9.8
June 2016	4.9	5.2	6.0	9.5
July 2016	4.9	5.2	6.0	9.7
August 2016	4.9	5.2	5.9	9.6
September 2016	5.0	5.3	6.0	9.7
October 2016	4.9	5.1	5.9	9.6
November 2016	4.6	5.0	5.8	9.3
December 2016	4.7	5.0	5.7	9.1
January 2017	4.8	5.1	5.8	9.4
February 2017	4.7	5.0	5.7	9.2
March 2017	4.5	4.7	5.4	8.8
April 2017	4.4	4.7	5.3	8.6
May 2017	4.3	4.5	5.2	8.4
June 2017	4.3	4.7	5.3	8.5
July 2017	4.3	4.7	5.3	8.5
August 2017	4.4	4.7	5.4	8.6
September 2017	4.2	4.4	5.1	8.3
October 2017	4.1	4.4	5.0	8.0
November 2017	4.1	4.4	5.0	8.0
December 2017	4.1	4.4	5.1	8.1
January 2018	4.1	4.4	5.1	8.2

Note: Unemployment rate measures total unemployed as a percentage of the labor force. U-4 measures total unemployed plus discouraged workers, as a percentage of the labor force plus discouraged workers. Discouraged workers are a subset of marginally attached workers who are not currently looking for work because they believe no jobs are available for them. U-5 measures total unemployed plus all marginally attached to the labor force, as a percentage of the labor force plus persons marginally attached to the labor force. Marginally attached workers are not in the labor force, want and are available for work, and have looked for a job in the past 12 months. U-6 measures total unemployed plus all marginally attached workers plus total employed part time for economic reasons, as a percentage of the labor force plus all marginally attached workers. The shaded bar indicates a period of business recession as defined by the National Bureau of Economic Research: December 2007-June 2009.

Source: Bureau of Labor Statistics via Haver Analytics.

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Figure 3. Labor force participation rates and employment-to-population ratio

Monthly
Percent

Period	Labor force participation rate	Employment-to-population ratio	Prime-age labor force participation rate
January 2000	67.29	64.59	84.40
February 2000	67.33	64.56	84.40
March 2000	67.26	64.55	84.30
April 2000	67.33	64.74	84.40
May 2000	67.09	64.37	84.10
June 2000	67.11	64.45	84.10
July 2000	66.90	64.20	83.90
August 2000	66.93	64.19	83.80
September 2000	66.86	64.22	83.70
October 2000	66.83	64.24	83.60
November 2000	66.95	64.31	83.80
December 2000	67.02	64.39	83.90
January 2001	67.23	64.42	84.10
February 2001	67.12	64.27	84.10
March 2001	67.16	64.29	84.10
April 2001	66.92	64.00	83.70
May 2001	66.74	63.84	83.80
June 2001	66.69	63.68	83.60
July 2001	66.76	63.70	83.60
August 2001	66.51	63.24	83.50
September 2001	66.77	63.45	83.50
October 2001	66.74	63.17	83.60
November 2001	66.74	63.04	83.50
December 2001	66.71	62.89	83.70
January 2002	66.46	62.68	83.50
February 2002	66.76	62.97	83.70
March 2002	66.64	62.81	83.50
April 2002	66.69	62.73	83.60
May 2002	66.73	62.86	83.60
June 2002	66.61	62.75	83.20
July 2002	66.54	62.68	83.10
August 2002	66.56	62.75	83.20
September 2002	66.73	62.95	83.30
October 2002	66.55	62.75	83.20
November 2002	66.37	62.47	82.90
December 2002	66.32	62.37	83.10
January 2003	66.37	62.49	82.90
February 2003	66.37	62.46	83.00
March 2003	66.28	62.38	83.10
April 2003	66.42	62.41	83.20
May 2003	66.36	62.30	83.10
June 2003	66.54	62.34	83.30
July 2003	66.21	62.13	83.00
August 2003	66.11	62.10	83.00
September 2003	66.07	62.05	82.80
October 2003	66.08	62.14	82.90
November 2003	66.13	62.27	82.80
December 2003	65.94	62.20	82.80
January 2004	66.10	62.33	82.80
February 2004	65.98	62.31	82.70
March 2004	66.03	62.21	82.80
April 2004	65.92	62.26	82.70
May 2004	65.96	62.27	82.80
June 2004	66.07	62.36	82.90
July 2004	66.10	62.46	83.00
August 2004	65.97	62.40	82.70
September 2004	65.83	62.29	82.70
October 2004	65.92	62.33	82.60
November 2004	66.02	62.49	82.70
December 2004	65.91	62.38	82.60
January 2005	65.84	62.38	82.70
February 2005	65.93	62.38	82.80
March 2005	65.88	62.45	82.60
April 2005	66.06	62.66	82.70
May 2005	66.14	62.75	82.90
June 2005	66.06	62.73	82.60
July 2005	66.08	62.80	82.80
August 2005	66.15	62.91	82.90
September 2005	66.15	62.82	82.90
October 2005	66.09	62.81	82.70
November 2005	66.05	62.72	82.70
December 2005	65.97	62.77	82.70
January 2006	66.01	62.91	82.80
February 2006	66.14	62.99	82.90
March 2006	66.15	63.05	83.00
April 2006	66.12	63.00	82.80
May 2006	66.13	63.08	82.80
June 2006	66.19	63.13	82.80
July 2006	66.13	62.99	83.00
August 2006	66.20	63.11	82.90
September 2006	66.11	63.12	82.90
October 2006	66.20	63.27	82.90
November 2006	66.29	63.30	83.00
December 2006	66.37	63.44	83.10
January 2007	66.40	63.31	83.40
February 2007	66.27	63.27	83.20
March 2007	66.25	63.33	83.20
April 2007	65.92	62.96	83.00
May 2007	65.95	63.03	83.00
June 2007	66.05	63.04	82.90
July 2007	65.98	62.90	82.90
August 2007	65.78	62.74	82.90
September 2007	66.00	62.91	82.80
October 2007	65.82	62.71	82.70
November 2007	66.04	62.93	82.90
December 2007	66.02	62.74	83.10
January 2008	66.23	62.93	83.30
February 2008	66.00	62.78	83.20
March 2008	66.06	62.70	83.30
April 2008	65.94	62.66	83.10
May 2008	66.11	62.51	83.10
June 2008	66.05	62.38	83.10
July 2008	66.05	62.23	83.10
August 2008	66.06	62.02	83.20
September 2008	65.95	61.90	83.10
October 2008	66.01	61.72	83.00
November 2008	65.85	61.36	83.00
December 2008	65.80	61.00	82.80
January 2009	65.69	60.56	82.80
February 2009	65.79	60.29	82.80
March 2009	65.56	59.85	82.60
April 2009	65.67	59.78	82.80
May 2009	65.72	59.57	82.90
June 2009	65.65	59.41	82.90
July 2009	65.50	59.31	82.80
August 2009	65.36	59.08	82.80
September 2009	65.09	58.74	82.50
October 2009	65.01	58.52	82.50
November 2009	65.00	58.57	82.40
December 2009	64.62	58.25	82.00
January 2010	64.81	58.45	82.40
February 2010	64.85	58.47	82.30
March 2010	64.92	58.51	82.40
April 2010	65.15	58.69	82.60
May 2010	64.88	58.63	82.30
June 2010	64.63	58.54	82.20
July 2010	64.61	58.51	81.90
August 2010	64.72	58.56	82.00
September 2010	64.61	58.49	82.00
October 2010	64.41	58.32	81.80
November 2010	64.56	58.25	82.00
December 2010	64.32	58.31	81.90
January 2011	64.21	58.34	81.70
February 2011	64.15	58.36	81.60
March 2011	64.17	58.43	81.70
April 2011	64.20	58.37	81.70
May 2011	64.13	58.34	81.70
June 2011	64.03	58.20	81.70
July 2011	63.96	58.21	81.40
August 2011	64.10	58.34	81.60
September 2011	64.20	58.39	81.50
October 2011	64.08	58.42	81.30
November 2011	64.10	58.57	81.50
December 2011	64.01	58.57	81.60
January 2012	63.72	58.44	81.50
February 2012	63.80	58.51	81.50
March 2012	63.79	58.55	81.50
April 2012	63.66	58.45	81.40
May 2012	63.74	58.53	81.40
June 2012	63.78	58.56	81.50
July 2012	63.67	58.47	81.40
August 2012	63.54	58.42	81.40
September 2012	63.65	58.68	81.50
October 2012	63.76	58.79	81.60
November 2012	63.62	58.70	81.20
December 2012	63.69	58.66	81.40
January 2013	63.66	58.57	81.10
February 2013	63.44	58.56	81.00
March 2013	63.27	58.50	81.00
April 2013	63.38	58.58	81.00
May 2013	63.39	58.64	81.20
June 2013	63.43	58.64	81.20
July 2013	63.31	58.70	81.20
August 2013	63.26	58.68	81.00
September 2013	63.24	58.67	81.00
October 2013	62.78	58.26	80.60
November 2013	62.97	58.60	81.00
December 2013	62.89	58.68	80.80
January 2014	62.92	58.77	81.00
February 2014	62.94	58.75	81.10
March 2014	63.14	58.92	81.20
April 2014	62.80	58.88	80.80
May 2014	62.82	58.89	80.70
June 2014	62.85	59.02	81.00
July 2014	62.90	59.03	80.80
August 2014	62.90	59.03	81.10
September 2014	62.80	59.07	80.80
October 2014	62.89	59.28	80.90
November 2014	62.87	59.23	80.90
December 2014	62.76	59.27	80.90
January 2015	62.89	59.31	81.00
February 2015	62.72	59.26	80.90
March 2015	62.68	59.25	80.80
April 2015	62.75	59.34	81.00
May 2015	62.87	59.41	81.00
June 2015	62.66	59.36	80.90
July 2015	62.59	59.32	80.70
August 2015	62.58	59.39	80.70
September 2015	62.35	59.21	80.60
October 2015	62.47	59.34	80.70
November 2015	62.54	59.38	80.90
December 2015	62.73	59.59	81.00
January 2016	62.75	59.66	81.20
February 2016	62.88	59.79	81.20
March 2016	63.00	59.83	81.40
April 2016	62.82	59.68	81.20
May 2016	62.61	59.66	81.10
June 2016	62.74	59.66	81.30
July 2016	62.77	59.73	81.20
August 2016	62.84	59.75	81.30
September 2016	62.86	59.75	81.50
October 2016	62.79	59.74	81.60
November 2016	62.68	59.77	81.30
December 2016	62.71	59.76	81.40
January 2017	62.86	59.85	81.50
February 2017	62.93	59.99	81.70
March 2017	62.98	60.16	81.70
April 2017	62.92	60.16	81.70
May 2017	62.70	60.01	81.60
June 2017	62.84	60.11	81.60
July 2017	62.89	60.16	81.70
August 2017	62.89	60.10	81.60
September 2017	63.03	60.39	81.80
October 2017	62.70	60.15	81.60
November 2017	62.72	60.14	81.70
December 2017	62.71	60.14	81.90
January 2018	62.74	60.14	81.80

Note: The data are monthly. The prime-age labor force participation rate is a percentage of the population aged 25 to 54. The labor force participation rate and the employment-to-population ratio are percentages of the population aged 16 and over.

Source: Bureau of Labor Statistics via Haver Analytics.

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How Tight Is the Labor Market?: Figure A. Unemployment rate gap

Quarterly

Period	Percent of labor force
1980:Q1	0.07
1980:Q2	1.08
1980:Q3	1.49
1980:Q4	1.20
1981:Q1	1.21
1981:Q2	1.23
1981:Q3	1.24
1981:Q4	2.05
1982:Q1	2.67
1982:Q2	3.28
1982:Q3	3.79
1982:Q4	4.60
1983:Q1	4.31
1983:Q2	4.02
1983:Q3	3.33
1983:Q4	2.44
1984:Q1	1.85
1984:Q2	1.45
1984:Q3	1.36
1984:Q4	1.27
1985:Q1	1.27
1985:Q2	1.28
1985:Q3	1.18
1985:Q4	0.99
1986:Q1	1.00
1986:Q2	1.20
1986:Q3	1.01
1986:Q4	0.81
1987:Q1	0.62
1987:Q2	0.33
1987:Q3	0.03
1987:Q4	-0.06
1988:Q1	-0.25
1988:Q2	-0.44
1988:Q3	-0.43
1988:Q4	-0.62
1989:Q1	-0.71
1989:Q2	-0.71
1989:Q3	-0.60
1989:Q4	-0.49
1990:Q1	-0.59
1990:Q2	-0.57
1990:Q3	-0.16
1990:Q4	0.26
1991:Q1	0.78
1991:Q2	1.01
1991:Q3	1.13
1991:Q4	1.36
1992:Q1	1.69
1992:Q2	1.92
1992:Q3	1.95
1992:Q4	1.79
1993:Q1	1.62
1993:Q2	1.56
1993:Q3	1.29
1993:Q4	1.12
1994:Q1	1.16
1994:Q2	0.79
1994:Q3	0.62
1994:Q4	0.25
1995:Q1	0.17
1995:Q2	0.40
1995:Q3	0.42
1995:Q4	0.35
1996:Q1	0.27
1996:Q2	0.29
1996:Q3	0.11
1996:Q4	0.13
1997:Q1	0.05
1997:Q2	-0.13
1997:Q3	-0.22
1997:Q4	-0.40
1998:Q1	-0.49
1998:Q2	-0.67
1998:Q3	-0.56
1998:Q4	-0.65
1999:Q1	-0.74
1999:Q2	-0.73
1999:Q3	-0.83
1999:Q4	-0.92
2000:Q1	-1.01
2000:Q2	-1.11
2000:Q3	-1.01
2000:Q4	-1.10
2001:Q1	-0.80
2001:Q2	-0.60
2001:Q3	-0.20
2001:Q4	0.50
2002:Q1	0.70
2002:Q2	0.80
2002:Q3	0.70
2002:Q4	0.80
2003:Q1	0.90
2003:Q2	1.20
2003:Q3	1.10
2003:Q4	0.80
2004:Q1	0.70
2004:Q2	0.60
2004:Q3	0.40
2004:Q4	0.40
2005:Q1	0.30
2005:Q2	0.10
2005:Q3	0.00
2005:Q4	0.02
2006:Q1	-0.27
2006:Q2	-0.27
2006:Q3	-0.36
2006:Q4	-0.45
2007:Q1	-0.45
2007:Q2	-0.44
2007:Q3	-0.24
2007:Q4	-0.13
2008:Q1	0.07
2008:Q2	0.32
2008:Q3	0.99
2008:Q4	1.79
2009:Q1	3.10
2009:Q2	4.00
2009:Q3	4.19
2009:Q4	4.39
2010:Q1	4.14
2010:Q2	3.99
2010:Q3	3.76
2010:Q4	3.72
2011:Q1	3.18
2011:Q2	3.26
2011:Q3	3.15
2011:Q4	2.82
2012:Q1	2.46
2012:Q2	2.39
2012:Q3	2.26
2012:Q4	2.12
2013:Q1	2.16
2013:Q2	2.10
2013:Q3	2.01
2013:Q4	1.82
2014:Q1	1.53
2014:Q2	1.21
2014:Q3	1.16
2014:Q4	0.82
2015:Q1	0.77
2015:Q2	0.61
2015:Q3	0.33
2015:Q4	0.24
2016:Q1	0.25
2016:Q2	0.15
2016:Q3	0.16
2016:Q4	-0.04
2017:Q1	-0.14
2017:Q2	-0.44
2017:Q3	-0.44
2017:Q4	-0.64

Note: The unemployment rate gap is the unemployment rate minus the Congressional Budget Office's estimate of the natural rate of unemployment. The shaded bars indicate periods of business recession as defined by the National Bureau of Economic Research: January 1980-July 1980, July 1981-November 1982, July 1990-March 1991, March 2001-November 2001, and December 2007-June 2009.

Source: For unemployment rate, Bureau of Labor Statistics; for natural rate of unemployment, Congressional Budget Office; all via Haver Analytics.

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How Tight Is the Labor Market?: Figure B. Job availability and hard-to-fill positions

Monthly

Period	Job availability (Index)	Hard-to-fill (Percent)
January 1980	93.64	ND
February 1980	90.87	ND
March 1980	88.82	ND
April 1980	82.04	ND
May 1980	72.00	ND
June 1980	66.96	ND
July 1980	68.40	ND
August 1980	67.64	ND
September 1980	71.27	ND
October 1980	71.89	ND
November 1980	75.23	ND
December 1980	73.93	ND
January 1981	74.66	ND
February 1981	70.15	ND
March 1981	73.66	ND
April 1981	75.38	ND
May 1981	76.63	ND
June 1981	75.07	ND
July 1981	74.42	ND
August 1981	74.08	ND
September 1981	73.28	ND
October 1981	71.37	ND
November 1981	67.66	ND
December 1981	63.68	ND
January 1982	60.84	ND
February 1982	58.34	ND
March 1982	55.95	ND
April 1982	49.01	ND
May 1982	52.79	ND
June 1982	47.58	ND
July 1982	46.79	ND
August 1982	45.26	ND
September 1982	42.85	ND
October 1982	43.74	ND
November 1982	41.97	ND
December 1982	42.59	ND
January 1983	43.24	ND
February 1983	44.61	ND
March 1983	49.25	ND
April 1983	50.88	ND
May 1983	52.85	ND
June 1983	56.34	ND
July 1983	58.06	ND
August 1983	62.34	ND
September 1983	64.10	ND
October 1983	64.82	ND
November 1983	70.08	ND
December 1983	74.04	ND
January 1984	74.37	ND
February 1984	76.97	ND
March 1984	77.92	ND
April 1984	78.40	ND
May 1984	81.45	ND
June 1984	86.19	ND
July 1984	82.88	ND
August 1984	84.38	ND
September 1984	84.78	ND
October 1984	84.47	ND
November 1984	87.80	ND
December 1984	85.53	ND
January 1985	89.20	ND
February 1985	88.37	ND
March 1985	84.75	ND
April 1985	88.89	ND
May 1985	86.84	ND
June 1985	87.73	ND
July 1985	89.02	ND
August 1985	87.83	ND
September 1985	86.45	ND
October 1985	89.15	ND
November 1985	89.32	ND
December 1985	88.46	ND
January 1986	89.35	ND
February 1986	88.74	ND
March 1986	86.43	16.98
April 1986	89.47	16.64
May 1986	89.08	16.50
June 1986	88.05	16.48
July 1986	88.18	16.63
August 1986	85.21	16.30
September 1986	86.19	15.92
October 1986	83.66	15.79
November 1986	85.04	16.83
December 1986	89.62	16.60
January 1987	85.79	16.62
February 1987	85.85	17.71
March 1987	89.81	18.03
April 1987	87.92	19.00
May 1987	91.36	19.16
June 1987	93.41	19.12
July 1987	93.67	19.55
August 1987	98.20	19.59
September 1987	101.66	20.19
October 1987	105.60	20.10
November 1987	102.39	20.18
December 1987	104.46	21.32
January 1988	104.50	22.74
February 1988	107.83	22.77
March 1988	105.13	21.09
April 1988	103.86	20.34
May 1988	106.49	20.14
June 1988	107.27	21.05
July 1988	107.04	20.42
August 1988	109.38	21.19
September 1988	107.12	22.15
October 1988	108.08	23.47
November 1988	108.87	23.58
December 1988	114.23	24.05
January 1989	112.89	24.15
February 1989	113.59	24.45
March 1989	112.63	24.45
April 1989	114.71	24.00
May 1989	112.17	23.12
June 1989	111.71	22.65
July 1989	111.83	22.65
August 1989	110.03	21.47
September 1989	109.13	21.14
October 1989	111.82	20.84
November 1989	111.03	22.97
December 1989	108.00	22.45
January 1990	106.77	22.55
February 1990	106.90	21.44
March 1990	107.69	20.80
April 1990	103.92	20.33
May 1990	102.95	20.44
June 1990	98.59	20.61
July 1990	101.40	19.91
August 1990	94.51	19.10
September 1990	95.00	19.12
October 1990	87.34	18.84
November 1990	86.35	18.03
December 1990	82.63	16.84
January 1991	79.39	15.63
February 1991	76.11	14.74
March 1991	74.90	14.81
April 1991	73.20	14.67
May 1991	70.68	14.13
June 1991	70.03	13.57
July 1991	68.05	13.83
August 1991	69.28	14.06
September 1991	66.89	14.10
October 1991	64.40	13.48
November 1991	59.91	12.73
December 1991	58.37	12.22
January 1992	58.63	11.72
February 1992	54.86	12.40
March 1992	57.81	12.49
April 1992	58.89	13.36
May 1992	64.21	14.18
June 1992	64.54	14.86
July 1992	60.86	15.39
August 1992	58.35	14.66
September 1992	60.23	14.40
October 1992	62.50	13.82
November 1992	63.11	14.41
December 1992	65.88	14.92
January 1993	69.84	15.46
February 1993	66.00	15.44
March 1993	66.25	15.55
April 1993	65.24	15.37
May 1993	66.12	15.55
June 1993	65.37	15.44
July 1993	66.46	15.61
August 1993	67.69	15.91
September 1993	70.27	16.08
October 1993	73.59	16.54
November 1993	75.30	17.09
December 1993	74.44	17.92
January 1994	77.04	18.85
February 1994	79.47	19.48
March 1994	79.96	21.27
April 1994	84.65	21.65
May 1994	80.73	21.87
June 1994	85.42	20.03
July 1994	85.03	20.21
August 1994	87.09	20.87
September 1994	87.79	22.14
October 1994	90.04	22.65
November 1994	94.31	22.47
December 1994	97.84	22.20
January 1995	97.28	22.52
February 1995	95.93	23.49
March 1995	97.74	23.99
April 1995	98.45	23.59
May 1995	97.24	23.50
June 1995	95.48	23.26
July 1995	99.39	23.86
August 1995	98.63	23.54
September 1995	98.06	23.94
October 1995	97.62	24.09
November 1995	99.44	23.85
December 1995	97.53	24.13
January 1996	95.12	24.15
February 1996	96.90	24.75
March 1996	95.03	24.31
April 1996	100.82	24.19
May 1996	100.68	24.53
June 1996	100.14	25.58
July 1996	102.50	25.58
August 1996	104.51	26.54
September 1996	106.38	26.01
October 1996	107.18	26.44
November 1996	107.83	25.54
December 1996	108.76	25.43
January 1997	112.44	25.78
February 1997	112.58	25.68
March 1997	113.06	25.64
April 1997	110.93	25.50
May 1997	116.27	25.26
June 1997	118.62	25.59
July 1997	117.40	26.31
August 1997	119.54	27.20
September 1997	120.65	28.36
October 1997	118.88	28.10
November 1997	122.00	28.55
December 1997	124.78	28.41
January 1998	123.67	28.10
February 1998	128.52	26.95
March 1998	129.50	26.93
April 1998	129.55	27.47
May 1998	129.06	28.01
June 1998	130.15	28.64
July 1998	129.78	28.73
August 1998	130.30	28.84
September 1998	131.31	28.00
October 1998	130.72	29.04
November 1998	129.32	29.55
December 1998	128.69	30.41
January 1999	133.57	29.46
February 1999	135.32	29.94
March 1999	133.25	30.60
April 1999	134.80	31.74
May 1999	133.98	30.68
June 1999	133.67	29.99
July 1999	135.29	28.80
August 1999	136.00	28.84
September 1999	135.30	28.69
October 1999	138.25	29.71
November 1999	139.14	30.89
December 1999	141.15	31.71
January 2000	143.77	31.45
February 2000	139.84	31.60
March 2000	140.92	31.89
April 2000	139.92	32.64
May 2000	140.82	33.61
June 2000	140.84	33.72
July 2000	143.42	33.58
August 2000	141.27	33.57
September 2000	142.77	33.35
October 2000	141.70	33.05
November 2000	142.09	33.58
December 2000	139.85	33.38
January 2001	135.87	33.11
February 2001	131.36	31.60
March 2001	129.62	29.49
April 2001	125.33	27.52
May 2001	123.68	25.84
June 2001	122.46	26.09
July 2001	118.67	26.01
August 2001	116.89	26.99
September 2001	109.61	26.71
October 2001	103.73	25.40
November 2001	97.23	21.96
December 2001	97.79	20.10
January 2002	95.38	19.45
February 2002	96.06	19.56
March 2002	98.23	19.37
April 2002	97.39	19.73
May 2002	97.95	19.75
June 2002	94.61	20.47
July 2002	92.28	21.13
August 2002	92.81	21.09
September 2002	92.43	19.36
October 2002	90.77	18.37
November 2002	89.46	19.32
December 2002	84.52	19.22
January 2003	84.85	19.10
February 2003	81.43	18.15
March 2003	77.98	18.59
April 2003	82.44	17.71
May 2003	77.88	16.74
June 2003	76.94	16.49
July 2003	75.74	16.20
August 2003	76.47	17.49
September 2003	77.19	18.31
October 2003	81.48	19.33
November 2003	86.72	19.00
December 2003	83.56	19.32
January 2004	83.95	19.40
February 2004	85.00	19.39
March 2004	83.74	19.84
April 2004	86.18	20.39
May 2004	84.81	21.47
June 2004	90.06	20.88
July 2004	92.07	21.91
August 2004	91.72	21.52
September 2004	91.43	21.59
October 2004	92.92	21.63
November 2004	92.07	21.98
December 2004	94.72	23.05
January 2005	94.87	22.02
February 2005	97.54	22.34
March 2005	96.95	22.47
April 2005	96.16	23.07
May 2005	97.50	23.16
June 2005	98.58	21.91
July 2005	97.32	21.61
August 2005	99.87	21.56
September 2005	98.45	22.58
October 2005	98.79	22.67
November 2005	100.33	23.30
December 2005	102.34	23.04
January 2006	104.49	24.29
February 2006	105.84	24.27
March 2006	106.88	24.42
April 2006	108.79	26.04
May 2006	107.67	26.17
June 2006	107.03	26.95
July 2006	107.50	25.01
August 2006	102.65	24.65
September 2006	107.59	24.64
October 2006	107.10	25.72
November 2006	106.13	25.29
December 2006	107.74	23.34
January 2007	107.57	22.54
February 2007	108.74	22.87
March 2007	110.49	25.05
April 2007	108.14	25.01
May 2007	108.12	25.14
June 2007	106.41	25.29
July 2007	110.17	24.75
August 2007	107.06	24.75
September 2007	104.70	24.37
October 2007	104.24	24.11
November 2007	104.09	22.60
December 2007	102.41	21.32
January 2008	101.16	21.45
February 2008	97.31	21.11
March 2008	93.99	20.32
April 2008	88.72	19.33
May 2008	86.31	18.18
June 2008	83.69	18.96
July 2008	82.70	18.14
August 2008	81.29	17.81
September 2008	81.36	16.75
October 2008	75.01	15.80
November 2008	73.36	15.88
December 2008	66.31	14.64
January 2009	64.48	13.03
February 2009	57.17	11.40
March 2009	55.38	10.00
April 2009	57.66	9.38
May 2009	60.42	9.26
June 2009	58.89	9.59
July 2009	54.86	10.11
August 2009	59.89	9.45
September 2009	57.32	8.48
October 2009	56.27	8.17
November 2009	55.22	8.54
December 2009	55.89	9.26
January 2010	57.12	9.31
February 2010	56.27	9.66
March 2010	57.23	9.36
April 2010	59.06	9.77
May 2010	59.35	9.69
June 2010	59.87	9.56
July 2010	59.32	9.77
August 2010	58.73	10.10
September 2010	58.73	10.86
October 2010	59.13	10.84
November 2010	56.19	10.55
December 2010	57.49	11.18
January 2011	57.33	11.58
February 2011	59.97	12.93
March 2011	59.56	13.78
April 2011	61.77	14.18
May 2011	61.28	13.76
June 2011	61.09	13.51
July 2011	60.54	13.40
August 2011	56.74	14.04
September 2011	57.02	13.93
October 2011	58.27	14.56
November 2011	63.43	15.25
December 2011	64.80	15.40
January 2012	62.93	16.19
February 2012	67.55	15.89
March 2012	67.36	16.18
April 2012	69.59	15.89
May 2012	66.24	17.42
June 2012	66.59	17.14
July 2012	67.16	17.05
August 2012	67.01	16.05
September 2012	68.23	17.01
October 2012	72.92	17.26
November 2012	74.32	17.30
December 2012	74.13	16.67
January 2013	71.90	16.81
February 2013	72.14	17.52
March 2013	72.79	18.54
April 2013	72.48	18.55
May 2013	73.82	18.38
June 2013	74.22	18.43
July 2013	77.57	19.72
August 2013	78.08	18.39
September 2013	78.42	19.09
October 2013	77.64	19.29
November 2013	78.37	22.02
December 2013	78.45	22.64
January 2014	79.70	22.45
February 2014	80.04	21.53
March 2014	80.76	21.53
April 2014	80.35	22.21
May 2014	82.84	23.32
June 2014	84.27	24.39
July 2014	85.28	25.05
August 2014	87.30	25.42
September 2014	87.08	24.15
October 2014	88.10	23.96
November 2014	87.76	23.72
December 2014	89.63	24.64
January 2015	95.94	24.78
February 2015	94.55	25.87
March 2015	93.68	25.87
April 2015	93.50	26.23
May 2015	94.54	26.60
June 2015	95.78	26.33
July 2015	93.09	26.38
August 2015	99.79	26.09
September 2015	99.69	27.52
October 2015	98.37	27.95
November 2015	95.33	27.74
December 2015	99.86	27.63
January 2016	99.30	27.78
February 2016	98.82	27.57
March 2016	98.28	26.91
April 2016	101.85	26.93
May 2016	101.26	26.89
June 2016	100.08	27.94
July 2016	101.47	27.65
August 2016	103.35	28.75
September 2016	104.83	27.55
October 2016	103.69	27.98
November 2016	106.61	28.12
December 2016	103.70	29.26
January 2017	106.05	29.77
February 2017	106.81	29.92
March 2017	110.88	30.64
April 2017	111.19	31.29
May 2017	113.00	32.17
June 2017	114.22	31.87
July 2017	115.03	33.27
August 2017	115.39	32.41
September 2017	114.11	32.91
October 2017	119.59	32.67
November 2017	120.58	32.18
December 2017	120.81	31.93
January 2018	121.36	31.09

Note: Job availability is the proportion of households believing jobs are plentiful minus the proportion believing jobs are hard to get, plus 100. Hard-to-fill is the three-month moving average of the percent of small businesses surveyed with at least one hard-to-fill job opening, and it is seasonally adjusted by Federal Reserve Board staff. Monthly hard-to-fill data from the National Federation of Independent Business start in January 1986. The shaded bars indicate periods of business recession as defined by the National Bureau of Economic Research: January 1980-July 1980, July 1981-November 1982, July 1990-March 1991, March 2001-November 2001, and December 2007-June 2009. Data are monthly.

Source: For job availability, Conference Board; for hard-to-fill, National Federation of Independent Business.

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How Tight Is the Labor Market?: Figure C. Prime-age employment-to-population ratio by metropolitan status

Monthly
Percent

Period	Non-metro	Smaller MSAs	Larger MSAs
January 1996	79.00	79.60	80.00
February 1996	79.10	79.60	80.00
March 1996	79.10	79.60	80.10
April 1996	79.20	79.60	80.20
May 1996	79.30	79.70	80.30
June 1996	79.40	79.90	80.40
July 1996	79.30	80.00	80.50
August 1996	79.30	80.00	80.50
September 1996	79.30	80.00	80.60
October 1996	79.40	80.10	80.70
November 1996	79.50	80.20	80.80
December 1996	79.60	80.20	80.80
January 1997	79.80	80.20	80.80
February 1997	79.90	80.20	80.90
March 1997	79.90	80.40	80.90
April 1997	80.00	80.50	81.00
May 1997	80.10	80.60	81.00
June 1997	80.10	80.70	81.00
July 1997	80.20	80.70	81.10
August 1997	80.20	80.70	81.10
September 1997	80.20	80.80	81.20
October 1997	80.20	80.80	81.30
November 1997	80.20	80.80	81.30
December 1997	80.20	80.80	81.40
January 1998	80.10	80.80	81.50
February 1998	80.00	80.90	81.50
March 1998	80.00	80.90	81.50
April 1998	80.10	81.00	81.50
May 1998	80.20	81.00	81.50
June 1998	80.30	81.00	81.50
July 1998	80.40	81.00	81.60
August 1998	80.50	81.00	81.60
September 1998	80.50	81.10	81.70
October 1998	80.60	81.10	81.70
November 1998	80.50	81.10	81.70
December 1998	80.50	81.10	81.70
January 1999	80.50	81.10	81.70
February 1999	80.50	81.10	81.70
March 1999	80.50	81.00	81.70
April 1999	80.40	81.00	81.70
May 1999	80.40	80.90	81.70
June 1999	80.40	80.90	81.70
July 1999	80.40	80.90	81.80
August 1999	80.30	80.90	81.80
September 1999	80.40	80.90	81.80
October 1999	80.40	81.00	81.90
November 1999	80.50	81.00	81.90
December 1999	80.50	81.10	81.90
January 2000	80.40	81.10	81.90
February 2000	80.40	81.10	81.90
March 2000	80.40	81.00	81.90
April 2000	80.30	81.00	81.90
May 2000	80.20	81.00	81.90
June 2000	80.20	81.00	81.90
July 2000	80.10	81.00	81.90
August 2000	80.20	80.90	81.80
September 2000	80.20	80.80	81.80
October 2000	80.30	80.60	81.80
November 2000	80.20	80.50	81.70
December 2000	80.10	80.50	81.60
January 2001	80.10	80.40	81.50
February 2001	80.00	80.30	81.50
March 2001	80.00	80.30	81.40
April 2001	79.90	80.20	81.30
May 2001	79.80	80.10	81.20
June 2001	79.80	80.00	81.00
July 2001	79.60	79.90	80.80
August 2001	79.50	79.90	80.60
September 2001	79.30	79.80	80.40
October 2001	79.10	79.80	80.30
November 2001	79.10	79.90	80.10
December 2001	79.00	79.70	80.00
January 2002	79.00	79.70	79.90
February 2002	78.90	79.60	79.70
March 2002	78.90	79.50	79.70
April 2002	78.80	79.50	79.60
May 2002	78.80	79.60	79.50
June 2002	78.70	79.60	79.40
July 2002	78.70	79.50	79.40
August 2002	78.70	79.50	79.40
September 2002	78.60	79.30	79.30
October 2002	78.60	79.30	79.20
November 2002	78.40	79.20	79.20
December 2002	78.30	79.20	79.20
January 2003	78.30	79.20	79.20
February 2003	78.20	79.10	79.20
March 2003	78.20	79.00	79.10
April 2003	78.10	78.90	79.00
May 2003	78.10	78.90	79.00
June 2003	78.10	78.80	78.90
July 2003	78.10	78.80	78.90
August 2003	78.00	78.70	78.90
September 2003	78.00	78.70	78.90
October 2003	78.00	78.60	78.90
November 2003	78.10	78.70	78.90
December 2003	78.10	78.70	78.90
January 2004	78.10	78.70	78.90
February 2004	78.20	78.80	78.90
March 2004	78.20	78.90	79.00
April 2004	78.30	78.90	79.00
May 2004	78.30	78.90	79.10
June 2004	78.30	79.00	79.10
July 2004	78.30	79.00	79.20
August 2004	78.40	79.00	79.20
September 2004	78.40	79.00	79.10
October 2004	78.50	79.10	79.10
November 2004	78.50	79.20	79.20
December 2004	78.60	79.30	79.20
January 2005	78.60	79.30	79.20
February 2005	78.70	79.30	79.20
March 2005	78.70	79.30	79.30
April 2005	78.80	79.30	79.30
May 2005	78.80	79.30	79.30
June 2005	78.80	79.40	79.30
July 2005	78.80	79.50	79.40
August 2005	78.80	79.60	79.40
September 2005	78.70	79.70	79.40
October 2005	78.60	79.70	79.50
November 2005	78.50	79.70	79.60
December 2005	78.50	79.70	79.60
January 2006	78.50	79.80	79.60
February 2006	78.50	79.90	79.70
March 2006	78.50	80.00	79.70
April 2006	78.40	80.00	79.70
May 2006	78.30	80.10	79.80
June 2006	78.30	80.10	79.90
July 2006	78.30	80.20	79.90
August 2006	78.40	80.20	80.00
September 2006	78.60	80.20	80.00
October 2006	78.60	80.30	80.10
November 2006	78.60	80.30	80.10
December 2006	78.60	80.30	80.10
January 2007	78.60	80.20	80.10
February 2007	78.60	80.10	80.10
March 2007	78.70	80.10	80.20
April 2007	78.70	80.10	80.20
May 2007	78.70	80.00	80.10
June 2007	78.80	79.90	80.10
July 2007	78.80	79.80	80.10
August 2007	78.90	79.70	80.10
September 2007	78.80	79.50	80.10
October 2007	78.80	79.30	80.10
November 2007	78.90	79.10	80.10
December 2007	78.80	79.00	80.10
January 2008	78.60	78.90	80.10
February 2008	78.50	78.90	80.10
March 2008	78.40	78.80	80.00
April 2008	78.30	78.70	80.00
May 2008	78.20	78.60	79.90
June 2008	78.10	78.40	79.70
July 2008	77.90	78.30	79.50
August 2008	77.60	78.10	79.20
September 2008	77.30	77.90	78.90
October 2008	77.00	77.60	78.60
November 2008	76.70	77.40	78.30
December 2008	76.30	77.00	78.00
January 2009	76.00	76.70	77.70
February 2009	75.70	76.40	77.50
March 2009	75.50	76.20	77.20
April 2009	75.10	75.80	76.90
May 2009	74.80	75.50	76.60
June 2009	74.50	75.20	76.30
July 2009	74.20	74.90	76.10
August 2009	74.00	74.70	76.00
September 2009	73.80	74.60	75.90
October 2009	73.60	74.60	75.80
November 2009	73.70	74.50	75.70
December 2009	73.70	74.50	75.60
January 2010	73.70	74.50	75.60
February 2010	73.70	74.50	75.50
March 2010	73.70	74.40	75.40
April 2010	73.70	74.50	75.40
May 2010	73.70	74.60	75.40
June 2010	73.70	74.60	75.40
July 2010	73.80	74.60	75.40
August 2010	73.90	74.70	75.40
September 2010	74.00	74.70	75.40
October 2010	74.00	74.70	75.40
November 2010	74.00	74.70	75.40
December 2010	74.00	74.70	75.40
January 2011	73.90	74.70	75.40
February 2011	73.80	74.80	75.30
March 2011	73.70	74.80	75.30
April 2011	73.60	74.80	75.30
May 2011	73.60	74.80	75.30
June 2011	73.60	74.90	75.40
July 2011	73.60	74.90	75.40
August 2011	73.60	74.90	75.40
September 2011	73.50	75.00	75.50
October 2011	73.50	75.00	75.50
November 2011	73.50	75.00	75.60
December 2011	73.60	75.10	75.70
January 2012	73.70	75.20	75.70
February 2012	73.80	75.20	75.80
March 2012	73.90	75.30	75.80
April 2012	74.10	75.40	75.90
May 2012	74.20	75.40	76.00
June 2012	74.10	75.50	76.00
July 2012	74.00	75.50	76.10
August 2012	73.90	75.50	76.10
September 2012	73.70	75.40	76.20
October 2012	73.70	75.50	76.20
November 2012	73.60	75.50	76.20
December 2012	73.60	75.60	76.30
January 2013	73.50	75.60	76.40
February 2013	73.50	75.60	76.40
March 2013	73.40	75.60	76.50
April 2013	73.30	75.50	76.50
May 2013	73.30	75.40	76.50
June 2013	73.40	75.30	76.50
July 2013	73.50	75.40	76.50
August 2013	73.60	75.50	76.60
September 2013	73.80	75.60	76.60
October 2013	73.90	75.70	76.60
November 2013	74.00	75.70	76.70
December 2013	74.10	75.70	76.70
January 2014	74.20	75.70	76.80
February 2014	74.20	75.80	76.80
March 2014	74.20	75.80	76.90
April 2014	74.20	75.90	77.00
May 2014	74.10	76.10	77.10
June 2014	74.10	76.20	77.20
July 2014	74.20	76.30	77.20
August 2014	74.30	76.30	77.30
September 2014	74.40	76.40	77.40
October 2014	74.40	76.40	77.50
November 2014	74.40	76.40	77.50
December 2014	74.40	76.40	77.60
January 2015	74.50	76.40	77.70
February 2015	74.50	76.40	77.70
March 2015	74.60	76.40	77.80
April 2015	74.70	76.50	77.80
May 2015	74.80	76.50	77.80
June 2015	74.80	76.50	77.90
July 2015	74.60	76.60	77.90
August 2015	74.60	76.70	78.00
September 2015	74.60	76.80	78.10
October 2015	74.60	76.90	78.20
November 2015	74.60	77.00	78.20
December 2015	74.70	77.10	78.30
January 2016	74.80	77.20	78.30
February 2016	74.90	77.30	78.40
March 2016	74.90	77.40	78.40
April 2016	74.90	77.40	78.50
May 2016	75.00	77.50	78.60
June 2016	75.10	77.40	78.60
July 2016	75.20	77.40	78.70
August 2016	75.20	77.30	78.70
September 2016	75.30	77.30	78.80
October 2016	75.20	77.30	78.80
November 2016	75.20	77.30	78.90
December 2016	75.20	77.40	79.00
January 2017	75.10	77.40	79.00
February 2017	75.10	77.40	79.10
March 2017	75.10	77.40	79.20
April 2017	75.20	77.40	79.30
May 2017	75.30	77.50	79.30
June 2017	75.30	77.70	79.40
July 2017	75.40	77.80	79.40
August 2017	75.50	78.00	79.50
September 2017	75.60	78.10	79.50
October 2017	75.70	78.20	79.50
November 2017	75.80	78.20	79.50
December 2017	75.80	78.10	79.50
January 2018	76.00	78.10	79.60

Note: The data are 12-month centered moving averages. Larger metropolitan statistical areas (MSAs) consist of 500,000 people or more, and smaller MSAs consist of 100,000 to 500,000 people. The shaded bars indicate periods of business recession as defined by the National Bureau of Economic Research: March 2001-November 2001, and December 2007-June 2009.

Source: Alison Weingarden (2017), "Labor Market Outcomes in Metropolitan and Non-metropolitan Areas: Signs of Growing Disparities," FEDS Notes (Washington: Board of Governors of the Federal Reserve System, September 25), www.federalreserve.gov/econres/notes/feds-notes/ labor-market-outcomes-in-metropolitan-and-non-metropolitan-areas-signs-of -growing-disparities-20170925.htm. Calculations use data from the U.S. Census Bureau, Current Population Survey; note that the Bureau of Labor Statistics is involved in the survey process for the Current Population Survey.

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Figure 4. Unemployment rate by race and ethnicity

Monthly
Percent

Period	White	Black or African American	Asian	Hispanic or Latino
January 2006	4.1	8.9	3.0	5.5
February 2006	4.1	9.5	3.0	5.4
March 2006	4.0	9.5	3.5	5.2
April 2006	4.1	9.4	3.9	5.5
May 2006	4.1	8.7	3.3	5.0
June 2006	4.1	8.9	3.1	5.2
July 2006	4.1	9.5	2.4	5.2
August 2006	4.1	8.8	3.0	5.3
September 2006	3.9	9.0	3.0	5.5
October 2006	3.9	8.4	2.8	4.8
November 2006	4.0	8.5	3.1	5.1
December 2006	3.9	8.3	2.5	5.0
January 2007	4.2	7.9	3.1	5.5
February 2007	4.1	8.0	2.6	5.1
March 2007	3.8	8.4	3.0	5.0
April 2007	4.0	8.3	3.5	5.6
May 2007	3.9	8.3	3.2	5.8
June 2007	4.1	8.5	2.7	5.5
July 2007	4.2	8.1	2.7	5.9
August 2007	4.2	7.6	3.5	5.5
September 2007	4.2	8.0	3.4	5.9
October 2007	4.1	8.5	3.8	5.7
November 2007	4.2	8.5	3.6	5.9
December 2007	4.4	9.0	3.7	6.3
January 2008	4.4	9.1	3.1	6.3
February 2008	4.4	8.4	2.9	6.2
March 2008	4.5	9.2	3.6	6.9
April 2008	4.4	8.6	3.5	7.1
May 2008	4.8	9.6	4.1	6.9
June 2008	5.0	9.4	4.2	7.6
July 2008	5.2	10.0	3.7	7.5
August 2008	5.4	10.6	4.5	8.0
September 2008	5.4	11.3	4.0	8.0
October 2008	5.9	11.4	3.9	8.8
November 2008	6.2	11.5	4.8	8.7
December 2008	6.7	12.1	5.1	9.4
January 2009	7.1	12.7	6.1	10.1
February 2009	7.6	13.7	6.7	11.3
March 2009	8.0	13.7	6.5	11.7
April 2009	8.1	15.0	6.8	11.4
May 2009	8.5	15.0	7.0	12.3
June 2009	8.7	14.8	7.9	12.1
July 2009	8.7	14.8	8.1	12.5
August 2009	8.9	14.8	7.6	13.0
September 2009	8.9	15.3	7.6	12.6
October 2009	9.2	15.8	7.6	12.8
November 2009	9.2	15.7	7.2	12.4
December 2009	9.0	16.1	8.4	12.8
January 2010	8.8	16.5	8.3	12.9
February 2010	8.9	16.1	8.2	12.7
March 2010	8.9	16.8	7.6	12.9
April 2010	9.0	16.6	7.0	12.5
May 2010	8.7	15.5	7.8	12.0
June 2010	8.6	15.2	7.4	12.3
July 2010	8.5	15.6	7.9	12.2
August 2010	8.6	15.9	7.3	12.0
September 2010	8.6	16.0	6.6	12.3
October 2010	8.6	15.6	7.2	12.3
November 2010	8.9	16.2	7.5	12.9
December 2010	8.5	15.5	7.2	12.9
January 2011	8.1	15.8	6.8	12.3
February 2011	8.1	15.5	6.7	11.8
March 2011	8.0	15.8	7.3	11.6
April 2011	8.1	16.5	6.5	11.9
May 2011	7.9	16.3	7.2	11.6
June 2011	8.1	16.2	6.5	11.5
July 2011	8.0	15.9	7.4	11.2
August 2011	7.9	16.4	7.2	11.2
September 2011	7.9	15.9	8.0	11.2
October 2011	7.9	14.6	7.4	11.3
November 2011	7.7	15.6	6.4	11.2
December 2011	7.5	15.4	6.8	11.1
January 2012	7.4	13.6	6.7	10.7
February 2012	7.4	14.0	6.2	10.9
March 2012	7.3	14.0	6.4	10.6
April 2012	7.4	13.3	5.4	10.3
May 2012	7.4	13.5	5.5	10.9
June 2012	7.3	14.5	6.1	10.9
July 2012	7.3	14.2	5.9	10.2
August 2012	7.2	13.8	5.9	10.1
September 2012	7.0	13.6	4.9	9.7
October 2012	6.9	14.1	4.9	10.0
November 2012	6.8	13.3	6.3	9.9
December 2012	6.9	14.0	6.6	9.6
January 2013	7.1	13.7	6.4	9.7
February 2013	6.8	13.8	6.0	9.7
March 2013	6.7	13.0	5.1	9.3
April 2013	6.7	13.3	5.3	9.0
May 2013	6.7	13.4	4.5	9.0
June 2013	6.6	14.2	4.7	9.1
July 2013	6.5	12.6	5.3	9.4
August 2013	6.4	12.8	5.1	9.2
September 2013	6.3	13.0	5.4	8.8
October 2013	6.3	12.8	5.4	9.1
November 2013	6.1	12.3	5.2	8.7
December 2013	5.9	11.9	4.3	8.3
January 2014	5.7	12.1	4.8	8.3
February 2014	5.8	11.8	5.9	8.2
March 2014	5.8	12.1	5.6	7.9
April 2014	5.3	11.5	5.9	7.3
May 2014	5.4	11.4	5.5	7.7
June 2014	5.3	11.0	4.8	7.7
July 2014	5.3	11.6	4.2	7.7
August 2014	5.3	11.4	4.5	7.4
September 2014	5.1	11.0	4.4	6.8
October 2014	4.8	10.6	5.1	6.8
November 2014	5.0	10.9	4.7	6.6
December 2014	4.7	10.6	4.4	6.4
January 2015	4.9	10.4	4.0	6.7
February 2015	4.7	10.2	4.0	6.8
March 2015	4.8	10.0	3.3	6.8
April 2015	4.7	9.7	4.3	6.9
May 2015	4.8	10.3	4.0	6.8
June 2015	4.6	9.6	3.8	6.7
July 2015	4.5	9.1	3.9	6.9
August 2015	4.4	9.3	3.4	6.6
September 2015	4.4	9.2	3.6	6.2
October 2015	4.4	9.0	3.6	6.3
November 2015	4.4	9.3	3.9	6.4
December 2015	4.4	8.5	4.2	6.2
January 2016	4.3	8.9	3.7	5.9
February 2016	4.3	8.7	3.8	5.4
March 2016	4.3	9.0	4.0	5.6
April 2016	4.4	8.9	3.8	6.2
May 2016	4.2	8.2	4.0	5.6
June 2016	4.3	8.7	3.5	5.9
July 2016	4.2	8.4	3.8	5.4
August 2016	4.3	8.0	4.1	5.6
September 2016	4.4	8.3	3.8	6.4
October 2016	4.3	8.3	3.4	5.7
November 2016	4.2	7.9	3.0	5.7
December 2016	4.2	7.9	2.8	5.9
January 2017	4.3	7.8	3.8	5.9
February 2017	4.1	8.1	3.5	5.6
March 2017	3.9	8.0	3.3	5.1
April 2017	3.9	7.9	3.2	5.2
May 2017	3.7	7.6	3.6	5.2
June 2017	3.8	7.1	3.6	4.8
July 2017	3.7	7.4	3.8	5.1
August 2017	3.8	7.6	3.9	5.1
September 2017	3.7	7.0	3.6	5.1
October 2017	3.5	7.3	3.0	4.8
November 2017	3.7	7.2	3.0	4.8
December 2017	3.7	6.8	2.5	4.9
January 2018	3.5	7.7	3.0	5.0

Note: Unemployment rate measures total unemployed as a percentage of the labor force. Persons whose ethnicity is identified as Hispanic or Latino may be of any race. The shaded bar indicates a period of business recession as defined by the National Bureau of Economic Research: December 2007-June 2009.

Source: Bureau of Labor Statistics via Haver Analytics.

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Figure 5. Measures of change in hourly compensation

Quarterly
Percent change from year earlier

Period	Compensation per hour, business sector	Employment cost index
2010:Q1	2.97	1.65
2010:Q2	1.66	1.92
2010:Q3	1.42	2.00
2010:Q4	1.21	2.09
2011:Q1	3.74	1.98
2011:Q2	2.14	2.33
2011:Q3	2.21	2.14
2011:Q4	0.51	2.22
2012:Q1	1.11	2.12
2012:Q2	2.19	1.84
2012:Q3	1.76	1.92
2012:Q4	5.90	1.83
2013:Q1	1.26	1.90
2013:Q2	2.09	1.89
2013:Q3	2.11	1.88
2013:Q4	-0.08	1.96
2014:Q1	3.92	1.70
2014:Q2	1.79	2.02
2014:Q3	2.24	2.27
2014:Q4	2.87	2.35
2015:Q1	1.85	2.75
2015:Q2	3.49	1.90
2015:Q3	3.18	1.89
2015:Q4	3.06	1.88
2016:Q1	1.32	1.79
2016:Q2	1.45	2.35
2016:Q3	1.86	2.26
2016:Q4	-0.13	2.17
2017:Q1	1.90	2.31
2017:Q2	0.90	2.38
2017:Q3	1.00	2.52
2017:Q4	2.22	2.59

Note: Business-sector compensation is on a four-quarter percentage change basis. For the employment cost index, change is over the 12 months ending in the last month of each quarter.

Source: Bureau of Labor Statistics via Haver Analytics.

Monthly
Percent change from year earlier

Period	Average hourly earnings	Atlanta Fed's Wage Growth Tracker
January 2010	2.09	1.6
February 2010	2.09	1.7
March 2010	1.81	1.9
April 2010	1.81	1.9
May 2010	1.90	1.6
June 2010	1.76	1.7
July 2010	1.85	1.8
August 2010	1.75	2.0
September 2010	1.84	1.9
October 2010	1.93	1.7
November 2010	1.79	1.7
December 2010	1.79	1.7
January 2011	1.96	1.9
February 2011	1.83	1.9
March 2011	1.83	1.9
April 2011	1.87	1.9
May 2011	2.04	2.0
June 2011	2.13	2.0
July 2011	2.30	2.1
August 2011	1.95	2.2
September 2011	1.94	2.1
October 2011	2.07	2.2
November 2011	1.98	2.0
December 2011	2.02	2.0
January 2012	1.75	1.9
February 2012	1.79	1.9
March 2012	2.14	2.0
April 2012	2.09	2.2
May 2012	1.74	2.1
June 2012	1.96	2.3
July 2012	1.69	2.1
August 2012	1.86	2.1
September 2012	1.99	2.1
October 2012	1.51	2.1
November 2012	1.94	2.3
December 2012	2.11	2.3
January 2013	2.11	2.3
February 2013	2.19	2.3
March 2013	1.93	2.2
April 2013	2.01	2.2
May 2013	2.14	2.2
June 2013	2.13	2.1
July 2013	2.09	2.3
August 2013	2.26	2.3
September 2013	2.04	2.4
October 2013	2.25	2.2
November 2013	2.20	2.0
December 2013	1.90	2.2
January 2014	1.98	2.3
February 2014	2.23	2.5
March 2014	2.06	2.4
April 2014	1.97	2.3
May 2014	2.13	2.3
June 2014	2.05	2.3
July 2014	2.08	2.4
August 2014	2.21	2.4
September 2014	2.16	2.6
October 2014	2.03	2.8
November 2014	2.03	2.9
December 2014	1.99	2.9
January 2015	2.19	3.0
February 2015	1.93	3.0
March 2015	2.22	3.2
April 2015	2.22	3.3
May 2015	2.34	3.3
June 2015	2.17	3.2
July 2015	2.12	3.2
August 2015	2.24	3.1
September 2015	2.24	3.0
October 2015	2.52	2.9
November 2015	2.43	3.1
December 2015	2.56	3.1
January 2016	2.55	3.1
February 2016	2.38	3.2
March 2016	2.50	3.2
April 2016	2.61	3.4
May 2016	2.44	3.5
June 2016	2.56	3.6
July 2016	2.76	3.4
August 2016	2.47	3.3
September 2016	2.63	3.6
October 2016	2.70	3.9
November 2016	2.57	3.9
December 2016	2.65	3.5
January 2017	2.40	3.2
February 2017	2.72	3.2
March 2017	2.55	3.4
April 2017	2.51	3.5
May 2017	2.46	3.4
June 2017	2.50	3.2
July 2017	2.49	3.3
August 2017	2.60	3.4
September 2017	2.83	3.6
October 2017	2.28	3.4
November 2017	2.47	3.2
December 2017	2.70	2.9
January 2018	2.89	3.0

Note: For average hourly earnings, change is from 12 months earlier; for the Atlanta Fed's Wage Growth Tracker, the data are shown as a 3-month moving average of the 12-month percent change.

Source: Bureau of Labor Statistics via Haver Analytics; Federal Reserve Bank of Atlanta, Wage Growth Tracker.

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Figure 6. Change in business-sector output per hour

Percent, annual rate

Period	Percent change
1948-1973	3.20
1974-1995	1.58
1996-2000	3.08
2001-2007	2.60
2008-present	1.13

Note: Changes are measured from Q4 of the year immediately preceding the period through Q4 of the final year of the period. The final period is measured from 2007:Q4 through 2017:Q4.

Source: Bureau of Labor Statistics via Haver Analytics.

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Figure 7. Change in the price index for personal consumption expenditures

Monthly
12-month percent change

Period	Total	Excluding food and energy	Trimmed mean
January 2011	1.43	0.99	0.97
February 2011	1.70	1.08	1.09
March 2011	1.97	1.09	1.23
April 2011	2.43	1.31	1.39
May 2011	2.71	1.43	1.53
June 2011	2.69	1.46	1.59
July 2011	2.77	1.58	1.69
August 2011	2.86	1.69	1.76
September 2011	2.93	1.72	1.82
October 2011	2.75	1.78	1.93
November 2011	2.73	1.84	1.98
December 2011	2.50	1.96	2.06
January 2012	2.57	2.09	2.11
February 2012	2.52	2.06	2.04
March 2012	2.37	2.11	2.05
April 2012	2.06	2.03	2.02
May 2012	1.66	1.91	1.95
June 2012	1.60	1.90	1.90
July 2012	1.44	1.84	1.82
August 2012	1.55	1.68	1.78
September 2012	1.71	1.73	1.78
October 2012	1.94	1.84	1.76
November 2012	1.68	1.78	1.70
December 2012	1.66	1.72	1.62
January 2013	1.55	1.67	1.59
February 2013	1.71	1.66	1.65
March 2013	1.35	1.56	1.58
April 2013	1.13	1.44	1.43
May 2013	1.24	1.43	1.39
June 2013	1.44	1.45	1.46
July 2013	1.51	1.44	1.50
August 2013	1.31	1.50	1.50
September 2013	1.11	1.50	1.50
October 2013	0.96	1.43	1.49
November 2013	1.23	1.49	1.55
December 2013	1.42	1.55	1.60
January 2014	1.48	1.47	1.59
February 2014	1.17	1.41	1.52
March 2014	1.46	1.51	1.57
April 2014	1.74	1.63	1.71
May 2014	1.84	1.69	1.76
June 2014	1.76	1.67	1.74
July 2014	1.82	1.74	1.78
August 2014	1.65	1.68	1.73
September 2014	1.63	1.70	1.72
October 2014	1.48	1.62	1.70
November 2014	1.26	1.54	1.69
December 2014	0.86	1.48	1.65
January 2015	0.21	1.36	1.55
February 2015	0.30	1.39	1.60
March 2015	0.31	1.37	1.60
April 2015	0.16	1.33	1.62
May 2015	0.25	1.28	1.59
June 2015	0.34	1.30	1.63
July 2015	0.31	1.25	1.61
August 2015	0.33	1.30	1.64
September 2015	0.19	1.34	1.66
October 2015	0.23	1.28	1.62
November 2015	0.40	1.33	1.62
December 2015	0.53	1.37	1.62
January 2016	1.12	1.61	1.72
February 2016	0.91	1.70	1.74
March 2016	0.83	1.63	1.72
April 2016	1.11	1.71	1.75
May 2016	1.04	1.75	1.79
June 2016	1.00	1.72	1.74
July 2016	0.96	1.78	1.77
August 2016	1.14	1.91	1.79
September 2016	1.37	1.84	1.79
October 2016	1.56	1.91	1.88
November 2016	1.52	1.82	1.85
December 2016	1.77	1.87	1.91
January 2017	2.03	1.89	1.94
February 2017	2.18	1.86	1.90
March 2017	1.83	1.61	1.82
April 2017	1.73	1.58	1.76
May 2017	1.51	1.48	1.71
June 2017	1.42	1.50	1.70
July 2017	1.40	1.41	1.64
August 2017	1.44	1.30	1.61
September 2017	1.66	1.35	1.62
October 2017	1.59	1.45	1.61
November 2017	1.77	1.49	1.67
December 2017	1.70	1.52	1.67

Note: The data extend through December 2017; changes are from one year earlier.

Source: For trimmed mean, Federal Reserve Bank of Dallas; for all else, Bureau of Economic Analysis; all via Haver Analytics.

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Low Inflation in the Advanced Economies: Figure A. Change in the price index for personal consumption expenditures

Monthly
12-month percent change

Period	Total	Excluding food and energy
January 2007	2.00	2.35
February 2007	2.29	2.45
March 2007	2.48	2.29
April 2007	2.26	2.13
May 2007	2.31	2.03
June 2007	2.28	1.95
July 2007	2.07	1.98
August 2007	1.84	1.94
September 2007	2.49	2.05
October 2007	3.06	2.15
November 2007	3.55	2.27
December 2007	3.40	2.33
January 2008	3.35	2.15
February 2008	3.23	2.02
March 2008	3.19	2.17
April 2008	3.24	2.20
May 2008	3.40	2.28
June 2008	3.91	2.32
July 2008	4.20	2.31
August 2008	4.02	2.26
September 2008	3.72	2.11
October 2008	2.86	1.85
November 2008	1.19	1.68
December 2008	0.37	1.40
January 2009	0.18	1.22
February 2009	0.18	1.21
March 2009	-0.22	1.10
April 2009	-0.32	1.24
May 2009	-0.62	1.15
June 2009	-0.71	1.09
July 2009	-1.18	0.97
August 2009	-0.84	0.97
September 2009	-0.77	1.03
October 2009	0.08	1.33
November 2009	1.46	1.42
December 2009	2.07	1.50
January 2010	2.19	1.56
February 2010	1.98	1.54
March 2010	2.19	1.56
April 2010	2.02	1.33
May 2010	1.93	1.34
June 2010	1.38	1.31
July 2010	1.55	1.35
August 2010	1.42	1.33
September 2010	1.35	1.19
October 2010	1.27	0.97
November 2010	1.20	0.99
December 2010	1.39	0.95
January 2011	1.43	0.99
February 2011	1.70	1.08
March 2011	1.97	1.09
April 2011	2.43	1.31
May 2011	2.71	1.43
June 2011	2.69	1.46
July 2011	2.77	1.58
August 2011	2.86	1.69
September 2011	2.93	1.72
October 2011	2.75	1.78
November 2011	2.73	1.84
December 2011	2.50	1.96
January 2012	2.57	2.09
February 2012	2.52	2.06
March 2012	2.37	2.11
April 2012	2.06	2.03
May 2012	1.66	1.91
June 2012	1.60	1.90
July 2012	1.44	1.84
August 2012	1.55	1.68
September 2012	1.71	1.73
October 2012	1.94	1.84
November 2012	1.68	1.78
December 2012	1.66	1.72
January 2013	1.55	1.67
February 2013	1.71	1.66
March 2013	1.35	1.56
April 2013	1.13	1.44
May 2013	1.24	1.43
June 2013	1.44	1.45
July 2013	1.51	1.44
August 2013	1.31	1.50
September 2013	1.11	1.50
October 2013	0.96	1.43
November 2013	1.23	1.49
December 2013	1.42	1.55
January 2014	1.48	1.47
February 2014	1.17	1.41
March 2014	1.46	1.51
April 2014	1.74	1.63
May 2014	1.84	1.69
June 2014	1.76	1.67
July 2014	1.82	1.74
August 2014	1.65	1.68
September 2014	1.63	1.70
October 2014	1.48	1.62
November 2014	1.26	1.54
December 2014	0.86	1.48
January 2015	0.21	1.36
February 2015	0.30	1.39
March 2015	0.31	1.37
April 2015	0.16	1.33
May 2015	0.25	1.28
June 2015	0.34	1.30
July 2015	0.31	1.25
August 2015	0.33	1.30
September 2015	0.19	1.34
October 2015	0.23	1.28
November 2015	0.40	1.33
December 2015	0.53	1.37
January 2016	1.12	1.61
February 2016	0.91	1.70
March 2016	0.83	1.63
April 2016	1.11	1.71
May 2016	1.04	1.75
June 2016	1.00	1.72
July 2016	0.96	1.78
August 2016	1.14	1.91
September 2016	1.37	1.84
October 2016	1.56	1.91
November 2016	1.52	1.82
December 2016	1.77	1.87
January 2017	2.03	1.89
February 2017	2.18	1.86
March 2017	1.83	1.61
April 2017	1.73	1.58
May 2017	1.51	1.48
June 2017	1.42	1.50
July 2017	1.40	1.41
August 2017	1.44	1.30
September 2017	1.66	1.35
October 2017	1.59	1.45
November 2017	1.77	1.49
December 2017	1.70	1.52

Note: The data extend through December 2017; changes are from one year earlier.

Source: Bureau of Economic Analysis via Haver Analytics.

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Low Inflation in the Advanced Economies: Figure B. Inflation excluding food and energy in selected advanced foreign economies

Monthly
12-month percent change

Period	United Kingdom	Japan	Euro area	Canada
January 2007	1.79	-0.30	1.78	1.69
February 2007	1.91	-0.30	1.88	1.79
March 2007	1.90	-0.49	1.81	1.78
April 2007	2.02	-0.20	1.94	1.97
May 2007	2.14	-0.30	1.95	1.87
June 2007	2.14	-0.40	1.88	2.06
July 2007	1.90	-0.59	1.92	2.44
August 2007	1.89	-0.10	1.91	2.25
September 2007	1.77	-0.30	1.81	2.24
October 2007	2.00	-0.30	1.81	1.86
November 2007	1.76	-0.10	1.86	1.77
December 2007	1.76	-0.10	1.86	1.77
January 2008	1.76	-0.10	1.81	1.30
February 2008	1.64	-0.20	1.72	1.29
March 2008	1.64	0.00	1.88	1.20
April 2008	1.87	-0.10	1.65	1.10
May 2008	1.86	-0.10	1.72	1.10
June 2008	1.98	0.10	1.82	1.29
July 2008	2.21	0.30	1.72	1.10
August 2008	2.21	0.00	1.84	1.19
September 2008	2.32	0.20	1.88	1.00
October 2008	2.08	0.20	1.92	0.91
November 2008	2.19	0.00	1.88	1.46
December 2008	1.50	0.00	1.84	1.46
January 2009	1.61	-0.20	1.66	1.19
February 2009	1.84	-0.20	1.71	1.28
March 2009	1.84	-0.30	1.50	1.28
April 2009	1.60	-0.50	1.65	1.18
May 2009	1.60	-0.60	1.52	1.27
June 2009	1.48	-0.79	1.36	1.18
July 2009	1.59	-0.89	1.32	1.09
August 2009	1.59	-0.99	1.26	0.90
September 2009	1.47	-1.09	1.20	0.90
October 2009	1.47	-1.19	1.11	1.18
November 2009	1.36	-1.09	1.00	0.81
December 2009	1.93	-1.19	1.06	0.72
January 2010	2.04	-0.80	1.04	1.26
February 2010	1.81	-0.90	0.95	1.44
March 2010	1.81	-0.90	0.98	0.90
April 2010	2.03	-1.20	0.90	1.17
May 2010	1.91	-1.40	0.88	0.99
June 2010	2.13	-1.30	0.92	1.08
July 2010	1.79	-1.60	1.01	1.34
August 2010	2.01	-1.60	1.01	1.34
September 2010	1.90	-1.60	1.05	1.43
October 2010	2.01	-1.20	1.10	1.61
November 2010	2.12	-1.20	1.14	1.52
December 2010	2.34	-1.10	1.04	1.70
January 2011	2.56	-1.40	1.22	1.61
February 2011	2.77	-1.31	1.29	1.15
March 2011	2.88	-1.41	1.30	1.87
April 2011	2.98	-1.21	1.34	1.51
May 2011	2.87	-0.71	1.37	1.96
June 2011	2.53	-0.81	1.42	1.33
July 2011	2.86	-0.51	1.42	1.24
August 2011	2.74	-0.51	1.48	1.50
September 2011	2.96	-0.41	1.50	1.86
October 2011	2.84	-0.91	1.48	1.59
November 2011	2.84	-1.12	1.51	1.67
December 2011	2.72	-1.12	1.59	1.41
January 2012	2.49	-0.81	1.54	1.67
February 2012	2.27	-0.61	1.56	1.58
March 2012	2.16	-0.41	1.59	1.49
April 2012	1.93	-0.31	1.61	1.93
May 2012	2.04	-0.61	1.58	1.39
June 2012	1.93	-0.61	1.60	1.66
July 2012	2.03	-0.61	1.64	1.31
August 2012	1.92	-0.51	1.51	1.13
September 2012	1.92	-0.61	1.51	0.78
October 2012	2.34	-0.61	1.49	0.87
November 2012	2.23	-0.51	1.45	0.87
December 2012	2.12	-0.62	1.48	0.95
January 2013	1.90	-0.72	1.39	0.60
February 2013	2.01	-0.92	1.26	1.12
March 2013	2.11	-0.72	1.34	0.95
April 2013	1.89	-0.51	1.15	0.52
May 2013	2.00	-0.41	1.22	0.60
June 2013	2.21	-0.21	1.14	0.77
July 2013	1.89	-0.10	1.03	1.03
August 2013	1.78	-0.10	0.98	0.95
September 2013	1.99	0.00	0.98	0.95
October 2013	1.56	0.31	0.87	0.95
November 2013	1.66	0.52	0.91	0.86
December 2013	1.56	0.72	0.80	1.12
January 2014	1.56	0.62	0.85	1.29
February 2014	1.55	0.83	0.97	1.11
March 2014	1.55	0.62	0.79	1.11
April 2014	1.76	2.27	0.92	1.28
May 2014	1.65	2.27	0.72	1.45
June 2014	1.85	2.26	0.72	1.54
July 2014	1.65	2.26	0.72	1.54
August 2014	1.85	2.26	0.83	1.96
September 2014	1.54	2.26	0.75	1.88
October 2014	1.54	2.26	0.73	2.04
November 2014	1.33	2.05	0.70	2.04
December 2014	1.43	2.05	0.75	1.95
January 2015	1.63	2.26	0.62	1.86
February 2015	1.43	2.15	0.70	1.78
March 2015	1.12	2.15	0.67	2.03
April 2015	1.12	0.50	0.65	1.94
May 2015	1.22	0.50	0.87	1.85
June 2015	0.91	0.50	0.84	1.85
July 2015	1.42	0.50	0.90	2.02
August 2015	1.21	0.60	0.87	1.67
September 2015	1.11	0.80	0.88	1.84
October 2015	1.21	0.60	1.08	1.67
November 2015	1.41	0.80	0.97	1.75
December 2015	1.51	0.70	0.90	1.67
January 2016	1.41	0.60	0.99	1.75
February 2016	1.31	0.60	0.84	1.66
March 2016	1.71	0.70	1.00	1.74
April 2016	1.61	0.60	0.86	1.82
May 2016	1.50	0.60	0.83	1.99
June 2016	1.60	0.50	0.84	2.06
July 2016	1.50	0.30	0.83	1.98
August 2016	1.50	0.20	0.79	1.89
September 2016	1.70	0.00	0.81	1.89
October 2016	1.69	0.10	0.76	1.89
November 2016	1.69	0.00	0.79	1.80
December 2016	1.69	0.00	0.92	1.88
January 2017	1.78	0.00	0.87	2.21
February 2017	2.18	-0.10	0.87	2.12
March 2017	2.08	-0.30	0.78	1.71
April 2017	2.17	-0.20	1.17	1.63
May 2017	2.37	-0.20	0.96	1.46
June 2017	2.47	-0.20	1.09	1.38
July 2017	2.26	-0.10	1.13	1.37
August 2017	2.65	0.00	1.15	1.45
September 2017	2.55	0.00	1.12	1.29
October 2017	2.45	0.00	0.90	1.45
November 2017	2.44	0.10	0.94	1.61
December 2017	2.34	0.10	0.93	1.61
January 2018	2.34	ND	1.02	ND

Note: The data for the euro area incorporate the flash estimate for January 2018. The data for Canada and Japan extend through December 2017.

Source: For the United Kingdom, Office for National Statistics; for Japan, Ministry of International Affairs and Communications; for the euro area, Statistical Office of the European Communities; for Canada, Statistics Canada; all via Haver Analytics.

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Low Inflation in the Advanced Economies: Figure C. E-commerce sales as a share of retail sales

Quarterly

Period	Percent
1999:Q4	0.6
2000:Q1	0.8
2000:Q2	0.9
2000:Q3	1.0
2000:Q4	1.0
2001:Q1	1.1
2001:Q2	1.1
2001:Q3	1.1
2001:Q4	1.2
2002:Q1	1.3
2002:Q2	1.4
2002:Q3	1.5
2002:Q4	1.5
2003:Q1	1.6
2003:Q2	1.7
2003:Q3	1.8
2003:Q4	1.9
2004:Q1	2.0
2004:Q2	2.0
2004:Q3	2.1
2004:Q4	2.2
2005:Q1	2.3
2005:Q2	2.4
2005:Q3	2.5
2005:Q4	2.6
2006:Q1	2.7
2006:Q2	2.8
2006:Q3	3.0
2006:Q4	3.1
2007:Q1	3.2
2007:Q2	3.4
2007:Q3	3.5
2007:Q4	3.5
2008:Q1	3.6
2008:Q2	3.6
2008:Q3	3.6
2008:Q4	3.6
2009:Q1	3.8
2009:Q2	4.0
2009:Q3	4.1
2009:Q4	4.1
2010:Q1	4.2
2010:Q2	4.4
2010:Q3	4.6
2010:Q4	4.6
2011:Q1	4.7
2011:Q2	4.8
2011:Q3	4.9
2011:Q4	5.1
2012:Q1	5.1
2012:Q2	5.3
2012:Q3	5.4
2012:Q4	5.5
2013:Q1	5.6
2013:Q2	5.8
2013:Q3	5.9
2013:Q4	6.1
2014:Q1	6.2
2014:Q2	6.3
2014:Q3	6.5
2014:Q4	6.6
2015:Q1	6.9
2015:Q2	7.1
2015:Q3	7.3
2015:Q4	7.5
2016:Q1	7.8
2016:Q2	8.0
2016:Q3	8.2
2016:Q4	8.2
2017:Q1	8.5
2017:Q2	8.9
2017:Q3	9.1
2017:Q4	9.1

Note: E-commerce sales are sales of goods and services where an order is placed by the buyer or where the price and terms of sale are negotiated over an online system. Payment may or may not be made online.

Source: Retail Indicators Branch, U.S. Census Bureau.

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Low Inflation in the Advanced Economies: Figure D. Corporate profits as a share of gross national product

Quarterly

Period	Percent
1980:Q1	8.38
1980:Q2	7.30
1980:Q3	7.41
1980:Q4	7.78
1981:Q1	7.72
1981:Q2	7.53
1981:Q3	7.83
1981:Q4	7.44
1982:Q1	6.70
1982:Q2	7.00
1982:Q3	6.87
1982:Q4	6.62
1983:Q1	6.96
1983:Q2	7.59
1983:Q3	7.81
1983:Q4	8.04
1984:Q1	8.52
1984:Q2	8.35
1984:Q3	8.09
1984:Q4	8.21
1985:Q1	8.16
1985:Q2	8.12
1985:Q3	8.35
1985:Q4	7.81
1986:Q1	7.51
1986:Q2	7.14
1986:Q3	6.80
1986:Q4	6.72
1987:Q1	6.86
1987:Q2	7.50
1987:Q3	7.86
1987:Q4	7.71
1988:Q1	7.71
1988:Q2	7.82
1988:Q3	7.81
1988:Q4	8.10
1989:Q1	7.64
1989:Q2	7.36
1989:Q3	7.26
1989:Q4	6.92
1990:Q1	6.98
1990:Q2	7.22
1990:Q3	6.72
1990:Q4	6.83
1991:Q1	7.45
1991:Q2	7.31
1991:Q3	7.20
1991:Q4	7.14
1992:Q1	7.43
1992:Q2	7.32
1992:Q3	7.00
1992:Q4	7.19
1993:Q1	7.09
1993:Q2	7.42
1993:Q3	7.54
1993:Q4	8.13
1994:Q1	8.12
1994:Q2	8.29
1994:Q3	8.66
1994:Q4	8.84
1995:Q1	8.77
1995:Q2	9.02
1995:Q3	9.36
1995:Q4	9.39
1996:Q1	9.70
1996:Q2	9.66
1996:Q3	9.61
1996:Q4	9.70
1997:Q1	9.91
1997:Q2	9.99
1997:Q3	10.24
1997:Q4	9.97
1998:Q1	9.07
1998:Q2	8.93
1998:Q3	8.88
1998:Q4	8.45
1999:Q1	8.89
1999:Q2	8.72
1999:Q3	8.41
1999:Q4	8.27
2000:Q1	7.98
2000:Q2	7.69
2000:Q3	7.47
2000:Q4	7.15
2001:Q1	7.05
2001:Q2	7.24
2001:Q3	6.96
2001:Q4	7.01
2002:Q1	7.82
2002:Q2	8.03
2002:Q3	8.21
2002:Q4	8.84
2003:Q1	8.76
2003:Q2	9.00
2003:Q3	9.21
2003:Q4	9.51
2004:Q1	10.24
2004:Q2	10.33
2004:Q3	10.64
2004:Q4	10.31
2005:Q1	11.05
2005:Q2	11.07
2005:Q3	11.08
2005:Q4	11.62
2006:Q1	11.86
2006:Q2	11.89
2006:Q3	12.13
2006:Q4	11.43
2007:Q1	10.70
2007:Q2	11.00
2007:Q3	10.32
2007:Q4	9.88
2008:Q1	9.32
2008:Q2	9.12
2008:Q3	9.11
2008:Q4	6.94
2009:Q1	8.68
2009:Q2	8.99
2009:Q3	10.05
2009:Q4	10.62
2010:Q1	11.14
2010:Q2	11.04
2010:Q3	11.89
2010:Q4	11.96
2011:Q1	10.85
2011:Q2	11.41
2011:Q3	11.53
2011:Q4	12.28
2012:Q1	12.43
2012:Q2	12.19
2012:Q3	12.14
2012:Q4	12.00
2013:Q1	11.97
2013:Q2	12.03
2013:Q3	11.97
2013:Q4	12.05
2014:Q1	11.49
2014:Q2	12.24
2014:Q3	12.29
2014:Q4	12.43
2015:Q1	12.03
2015:Q2	11.90
2015:Q3	11.60
2015:Q4	10.72
2016:Q1	11.03
2016:Q2	10.66
2016:Q3	11.11
2016:Q4	11.26
2017:Q1	10.94
2017:Q2	10.92
2017:Q3	11.22

Note: The data extend through 2017:Q3. Corporate profits include inventory valuation and capital consumption adjustments.

Source: Bureau of Economic Analysis via Haver Analytics.

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Figure 8. Brent spot and futures prices

Series: Spot price and 24-month-ahead futures contracts

Horizon: January 8, 2014, to February 21, 2018

Description: The data are weekly averages of daily data and are plotted as two lines. Units for both the spot price and the futures contracts series are in dollars per barrel along the right axis. The lines follow a similar, somewhat volatile pattern and intersect at multiple points over the time horizon. Both series begin in 2014 near 100 and are fairly constant from early 2014 until the latter half of the year. From mid-2014, both series begin to decline, falling sharply through the end of the year before partially rebounding over the first few months of 2015. The series’ trajectories again reverse in the second half of 2015. Both series then decline steadily and reach their respective troughs by the start of 2016. Both series increase moderately over the rest of 2016 but start to level off in early 2017. They subsequently decline modestly through mid-2017, after which both series begin to increase once again. Each series reaches a peak in early 2018, after which they decline slightly. The spot price series increases more rapidly than the futures prices series over the second half of 2017, ending above futures prices.

The spot price series starts at just below 110 in January 2014 and fluctuates around this level through the first half of 2014. In the second half of 2014, the series declines dramatically from above 110 to below 50 in January 2015. In 2015:Q1, the series rebounds to around 60 before dropping slightly to near 55. In the second quarter, the series increases to above 65, then declines to about 45 in the middle of the third quarter. From the beginning of the fourth quarter to the beginning of 2016:Q1, the series declines from about 50 to just under 30. The series gradually increases over the remainder of 2016 and the beginning of 2017 to about 55 by the beginning of February. The series then falls to about 45 in mid-June, from which it increases to a peak of about 70 in January 2018. Over the remainder of the horizon, the series decreases to about 60, ending with a slight uptick near the end of February.

The 24-month-ahead futures contracts series starts just below 100 in 2014 and is relatively unchanged with little volatility until the middle of 2014. Starting in the third quarter until January 2015, the series drops dramatically to about 70. The series stays around 70 before a steeper decline to about 60 in the third quarter. The series remains at around 60 in the beginning of the fourth quarter but then declines to just below 40 between the middle of the fourth quarter and the beginning of 2016:Q1. The series gradually increases over the first half of 2016 to about 55 by the middle of June, then fluctuates between 50 and 60 from the middle of June until early February 2017. The series declines from just above 55 to about 50 by the end of May 2017 and then increases to a peak just above 60 in January 2018. Over the remainder of the horizon the series decreases to below 60, ending with a slight uptick near the end of February.

Note: The data are weekly averages of daily data and extend through February 21, 2018.

Source: ICE Brent Futures via Bloomberg.

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Figure 9. Nonfuel import prices and industrial metals indexes

Monthly
January 2014 = 100

Period	Nonfuel import prices	Industrial metals
January 2014	100.00	100.00
February 2014	100.00	98.33
March 2014	100.34	95.89
April 2014	100.34	98.90
May 2014	100.34	100.23
June 2014	100.25	101.31
July 2014	100.34	106.34
August 2014	100.34	106.53
September 2014	100.17	104.33
October 2014	100.08	101.23
November 2014	99.83	102.29
December 2014	99.75	97.77
January 2015	99.08	91.10
February 2015	98.91	90.33
March 2015	98.49	90.09
April 2015	98.16	92.20
May 2015	98.16	95.08
June 2015	97.99	88.40
July 2015	97.74	83.67
August 2015	97.40	78.54
September 2015	97.15	78.83
October 2015	96.90	77.98
November 2015	96.65	73.01
December 2015	96.31	72.05
January 2016	96.23	70.26
February 2016	96.14	72.82
March 2016	96.06	75.95
April 2016	96.14	76.31
May 2016	96.40	74.94
June 2016	96.23	75.92
July 2016	96.56	79.82
August 2016	96.56	79.59
September 2016	96.56	79.14
October 2016	96.56	80.66
November 2016	96.48	88.34
December 2016	96.48	89.97
January 2017	96.40	91.53
February 2017	96.73	95.17
March 2017	96.90	94.66
April 2017	97.15	92.84
May 2017	97.23	91.40
June 2017	97.32	91.57
July 2017	97.23	95.48
August 2017	97.49	102.56
September 2017	97.82	105.05
October 2017	97.90	108.19
November 2017	97.90	107.82
December 2017	97.82	107.69
January 2018	98.24	112.95
February 2018	ND	112.72

Note: The data for nonfuel import prices are monthly. The data for industrial metals are a monthly average of daily data and extend through February 21, 2018.

Source: For nonfuel import prices, Bureau of Labor Statistics; for industrial metals, S&P GSCI Industrial Metals Spot Index via Haver Analytics.

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Figure 10. Median inflation expectations

SPF expectations for next 10 years

Period	Percent
2007:Q1	2.00
2007:Q2	2.00
2007:Q3	2.10
2007:Q4	2.10
2008:Q1	2.20
2008:Q2	2.20
2008:Q3	2.20
2008:Q4	2.20
2009:Q1	2.20
2009:Q2	2.27
2009:Q3	2.15
2009:Q4	2.10
2010:Q1	2.10
2010:Q2	2.15
2010:Q3	2.10
2010:Q4	2.00
2011:Q1	2.10
2011:Q2	2.27
2011:Q3	2.25
2011:Q4	2.15
2012:Q1	2.15
2012:Q2	2.20
2012:Q3	2.20
2012:Q4	2.10
2013:Q1	2.00
2013:Q2	2.00
2013:Q3	2.00
2013:Q4	2.00
2014:Q1	2.00
2014:Q2	2.00
2014:Q3	2.00
2014:Q4	2.00
2015:Q1	2.00
2015:Q2	1.98
2015:Q3	2.00
2015:Q4	1.90
2016:Q1	1.97
2016:Q2	2.00
2016:Q3	2.00
2016:Q4	2.00
2017:Q1	2.10
2017:Q2	2.09
2017:Q3	2.00
2017:Q4	2.00
2018:Q1	2.00

Note: The SPF data for inflation expectations for personal consumption expenditures are quarterly and extend from 2007:Q1 through 2018:Q1.

Source: Federal Reserve Bank of Philadelphia, Survey of Professional Forecasters (SPF).

Michigan survey expectations for next 5 to 10 years

Period	Percent
January 2005	2.7
February 2005	2.8
March 2005	2.9
April 2005	3.0
May 2005	2.9
June 2005	2.8
July 2005	2.9
August 2005	2.8
September 2005	3.1
October 2005	3.2
November 2005	3.0
December 2005	3.1
January 2006	2.9
February 2006	2.9
March 2006	2.9
April 2006	3.1
May 2006	3.2
June 2006	2.9
July 2006	2.9
August 2006	3.2
September 2006	3.0
October 2006	3.1
November 2006	3.0
December 2006	3.0
January 2007	3.0
February 2007	2.9
March 2007	2.9
April 2007	3.1
May 2007	3.1
June 2007	2.9
July 2007	3.1
August 2007	2.9
September 2007	2.9
October 2007	2.8
November 2007	2.9
December 2007	3.1
January 2008	3.0
February 2008	3.0
March 2008	2.9
April 2008	3.2
May 2008	3.4
June 2008	3.4
July 2008	3.2
August 2008	3.2
September 2008	3.0
October 2008	2.9
November 2008	2.9
December 2008	2.6
January 2009	2.9
February 2009	3.1
March 2009	2.6
April 2009	2.8
May 2009	2.9
June 2009	3.0
July 2009	3.0
August 2009	2.8
September 2009	2.8
October 2009	2.9
November 2009	3.0
December 2009	2.7
January 2010	2.9
February 2010	2.7
March 2010	2.7
April 2010	2.7
May 2010	2.9
June 2010	2.8
July 2010	2.9
August 2010	2.8
September 2010	2.7
October 2010	2.8
November 2010	2.8
December 2010	2.8
January 2011	2.9
February 2011	2.9
March 2011	3.2
April 2011	2.9
May 2011	2.9
June 2011	3.0
July 2011	2.9
August 2011	2.9
September 2011	2.8
October 2011	2.7
November 2011	2.7
December 2011	2.7
January 2012	2.7
February 2012	2.9
March 2012	3.0
April 2012	2.9
May 2012	2.7
June 2012	2.8
July 2012	2.7
August 2012	3.0
September 2012	2.8
October 2012	2.7
November 2012	2.8
December 2012	2.9
January 2013	2.9
February 2013	3.0
March 2013	2.8
April 2013	2.9
May 2013	2.9
June 2013	2.9
July 2013	2.8
August 2013	2.9
September 2013	3.0
October 2013	2.8
November 2013	2.9
December 2013	2.7
January 2014	2.9
February 2014	2.9
March 2014	2.9
April 2014	2.9
May 2014	2.8
June 2014	2.9
July 2014	2.7
August 2014	2.9
September 2014	2.8
October 2014	2.8
November 2014	2.6
December 2014	2.8
January 2015	2.8
February 2015	2.7
March 2015	2.8
April 2015	2.6
May 2015	2.8
June 2015	2.6
July 2015	2.8
August 2015	2.7
September 2015	2.7
October 2015	2.5
November 2015	2.6
December 2015	2.6
January 2016	2.7
February 2016	2.5
March 2016	2.7
April 2016	2.5
May 2016	2.5
June 2016	2.6
July 2016	2.6
August 2016	2.5
September 2016	2.6
October 2016	2.4
November 2016	2.6
December 2016	2.3
January 2017	2.6
February 2017	2.5
March 2017	2.4
April 2017	2.4
May 2017	2.4
June 2017	2.5
July 2017	2.6
August 2017	2.5
September 2017	2.5
October 2017	2.5
November 2017	2.4
December 2017	2.4
January 2018	2.5
February 2018	2.5

Note: The Michigan survey data are monthly and extend through February; the February data are preliminary.

Source: University of Michigan Surveys of Consumers.

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Figure 11. 5-to-10-year-forward inflation compensation

Weekly
Percent

Period	Inflation swaps	TIPS breakeven rates
8 January 2010	3.24	3.27
15 January 2010	3.20	3.26
22 January 2010	3.11	3.21
29 January 2010	3.15	3.23
5 February 2010	3.16	3.26
12 February 2010	3.07	3.13
19 February 2010	3.10	3.14
26 February 2010	3.00	3.04
5 March 2010	2.98	2.97
12 March 2010	3.06	3.00
19 March 2010	3.07	2.95
26 March 2010	3.05	2.97
2 April 2010	3.09	3.02
9 April 2010	3.17	3.09
16 April 2010	3.15	3.09
23 April 2010	3.17	3.09
30 April 2010	3.21	3.15
7 May 2010	3.10	3.06
14 May 2010	3.16	3.07
21 May 2010	2.98	2.87
28 May 2010	3.01	2.74
4 June 2010	3.06	2.84
11 June 2010	3.00	2.76
18 June 2010	3.02	2.82
25 June 2010	3.00	2.76
2 July 2010	2.82	2.57
9 July 2010	2.81	2.57
16 July 2010	2.85	2.64
23 July 2010	2.76	2.56
30 July 2010	2.81	2.62
6 August 2010	2.81	2.60
13 August 2010	2.73	2.47
20 August 2010	2.59	2.33
27 August 2010	2.56	2.28
3 September 2010	2.58	2.39
10 September 2010	2.65	2.56
17 September 2010	2.70	2.68
24 September 2010	2.72	2.70
1 October 2010	2.70	2.56
8 October 2010	2.82	2.58
15 October 2010	3.02	2.76
22 October 2010	3.07	2.85
29 October 2010	3.15	3.00
5 November 2010	3.13	2.98
12 November 2010	3.08	2.81
19 November 2010	3.14	2.89
26 November 2010	3.20	2.96
3 December 2010	3.20	3.00
10 December 2010	3.14	3.09
17 December 2010	3.19	3.19
24 December 2010	3.13	3.16
31 December 2010	3.09	3.08
7 January 2011	3.10	3.09
14 January 2011	3.06	3.04
21 January 2011	3.07	3.03
28 January 2011	3.02	2.94
4 February 2011	3.07	2.99
11 February 2011	3.03	2.96
18 February 2011	2.98	2.84
25 February 2011	3.00	2.83
4 March 2011	3.08	2.93
11 March 2011	3.10	3.00
18 March 2011	2.99	2.91
25 March 2011	2.93	2.86
1 April 2011	2.98	2.90
8 April 2011	3.06	2.99
15 April 2011	3.13	3.09
22 April 2011	3.09	3.09
29 April 2011	3.01	2.98
6 May 2011	2.98	2.92
13 May 2011	2.98	2.89
20 May 2011	2.91	2.79
27 May 2011	2.95	2.79
3 June 2011	2.97	2.76
10 June 2011	2.97	2.75
17 June 2011	2.96	2.74
24 June 2011	3.02	2.79
1 July 2011	3.18	3.06
8 July 2011	3.11	3.03
15 July 2011	3.06	2.95
22 July 2011	3.14	3.03
29 July 2011	3.19	3.15
5 August 2011	3.06	3.04
12 August 2011	3.12	2.92
19 August 2011	2.99	2.82
26 August 2011	2.93	2.72
2 September 2011	2.90	2.67
9 September 2011	2.77	2.50
16 September 2011	2.74	2.46
23 September 2011	2.65	2.27
30 September 2011	2.65	2.27
7 October 2011	2.64	2.28
14 October 2011	2.69	2.47
21 October 2011	2.66	2.45
28 October 2011	2.80	2.58
4 November 2011	2.75	2.47
11 November 2011	2.73	2.46
18 November 2011	2.65	2.37
25 November 2011	2.55	2.28
2 December 2011	2.65	2.44
9 December 2011	2.62	2.46
16 December 2011	2.59	2.41
23 December 2011	2.63	2.45
30 December 2011	2.60	2.46
6 January 2012	2.64	2.54
13 January 2012	2.69	2.51
20 January 2012	2.69	2.51
27 January 2012	2.77	2.57
3 February 2012	2.82	2.52
10 February 2012	2.90	2.59
17 February 2012	2.87	2.56
24 February 2012	2.88	2.54
2 March 2012	2.84	2.50
9 March 2012	2.77	2.46
16 March 2012	2.91	2.65
23 March 2012	2.97	2.79
30 March 2012	2.89	2.68
6 April 2012	2.90	2.70
13 April 2012	2.86	2.62
20 April 2012	2.87	2.66
27 April 2012	2.88	2.69
4 May 2012	2.85	2.65
11 May 2012	2.82	2.59
18 May 2012	2.74	2.49
25 May 2012	2.80	2.56
1 June 2012	2.75	2.46
8 June 2012	2.85	2.62
15 June 2012	2.77	2.50
22 June 2012	2.75	2.45
29 June 2012	2.72	2.48
6 July 2012	2.72	2.46
13 July 2012	2.69	2.43
20 July 2012	2.71	2.43
27 July 2012	2.69	2.41
3 August 2012	2.78	2.50
10 August 2012	2.83	2.55
17 August 2012	2.81	2.54
24 August 2012	2.82	2.55
31 August 2012	2.83	2.49
7 September 2012	2.85	2.50
14 September 2012	2.99	2.66
21 September 2012	3.03	2.78
28 September 2012	2.92	2.70
5 October 2012	3.01	2.75
12 October 2012	2.99	2.74
19 October 2012	2.99	2.77
26 October 2012	3.07	2.87
2 November 2012	3.08	2.87
9 November 2012	3.06	2.80
16 November 2012	2.98	2.70
23 November 2012	2.98	2.68
30 November 2012	3.00	2.65
7 December 2012	3.09	2.74
14 December 2012	3.11	2.81
21 December 2012	3.10	2.82
28 December 2012	3.08	2.77
4 January 2013	3.07	2.82
11 January 2013	3.10	2.85
18 January 2013	3.07	2.84
25 January 2013	3.05	2.85
1 February 2013	3.07	2.87
8 February 2013	3.07	2.86
15 February 2013	3.09	2.86
22 February 2013	3.07	2.80
1 March 2013	3.05	2.76
8 March 2013	3.08	2.84
15 March 2013	3.06	2.83
22 March 2013	3.03	2.74
29 March 2013	3.02	2.68
5 April 2013	3.02	2.69
12 April 2013	3.01	2.69
19 April 2013	2.96	2.70
26 April 2013	3.02	2.74
3 May 2013	2.97	2.72
10 May 2013	2.96	2.72
17 May 2013	2.95	2.73
24 May 2013	2.91	2.71
31 May 2013	2.90	2.69
7 June 2013	2.87	2.58
14 June 2013	2.78	2.41
21 June 2013	2.80	2.37
28 June 2013	2.82	2.38
5 July 2013	2.81	2.48
12 July 2013	2.77	2.45
19 July 2013	2.86	2.52
26 July 2013	2.87	2.59
2 August 2013	2.89	2.66
9 August 2013	2.92	2.74
16 August 2013	2.91	2.72
23 August 2013	2.87	2.66
30 August 2013	2.84	2.60
6 September 2013	2.78	2.55
13 September 2013	2.81	2.55
20 September 2013	2.89	2.61
27 September 2013	2.92	2.64
4 October 2013	2.92	2.64
11 October 2013	2.91	2.61
18 October 2013	2.86	2.57
25 October 2013	2.85	2.56
1 November 2013	2.86	2.56
8 November 2013	2.88	2.58
15 November 2013	2.86	2.57
22 November 2013	2.87	2.61
29 November 2013	2.88	2.63
6 December 2013	2.86	2.62
13 December 2013	2.87	2.63
20 December 2013	2.91	2.66
27 December 2013	2.89	2.66
3 January 2014	2.94	2.70
10 January 2014	2.95	2.69
17 January 2014	2.93	2.65
24 January 2014	2.88	2.59
31 January 2014	2.85	2.55
7 February 2014	2.84	2.52
14 February 2014	2.85	2.55
21 February 2014	2.82	2.50
28 February 2014	2.82	2.48
7 March 2014	2.85	2.50
14 March 2014	2.83	2.48
21 March 2014	2.83	2.45
28 March 2014	2.82	2.44
4 April 2014	2.81	2.45
11 April 2014	2.80	2.45
18 April 2014	2.81	2.43
25 April 2014	2.82	2.47
2 May 2014	2.79	2.45
9 May 2014	2.77	2.44
16 May 2014	2.76	2.42
23 May 2014	2.76	2.42
30 May 2014	2.78	2.43
6 June 2014	2.77	2.43
13 June 2014	2.77	2.42
20 June 2014	2.80	2.43
27 June 2014	2.84	2.44
4 July 2014	2.83	2.43
11 July 2014	2.87	2.48
18 July 2014	2.86	2.48
25 July 2014	2.85	2.48
1 August 2014	2.86	2.50
8 August 2014	2.84	2.49
15 August 2014	2.83	2.46
22 August 2014	2.78	2.41
29 August 2014	2.74	2.36
5 September 2014	2.77	2.40
12 September 2014	2.74	2.36
19 September 2014	2.71	2.35
26 September 2014	2.63	2.29
3 October 2014	2.58	2.16
10 October 2014	2.58	2.19
17 October 2014	2.58	2.20
24 October 2014	2.56	2.20
31 October 2014	2.57	2.19
7 November 2014	2.57	2.17
14 November 2014	2.54	2.17
21 November 2014	2.47	2.12
28 November 2014	2.47	2.09
5 December 2014	2.43	2.04
12 December 2014	2.39	1.98
19 December 2014	2.37	1.99
26 December 2014	2.38	2.01
2 January 2015	2.32	1.96
9 January 2015	2.24	1.85
16 January 2015	2.14	1.77
23 January 2015	2.15	1.80
30 January 2015	2.12	1.79
6 February 2015	2.16	1.81
13 February 2015	2.18	1.82
20 February 2015	2.24	1.91
27 February 2015	2.26	1.92
6 March 2015	2.28	2.00
13 March 2015	2.16	1.90
20 March 2015	2.15	1.90
27 March 2015	2.18	1.91
3 April 2015	2.18	1.86
10 April 2015	2.21	1.90
17 April 2015	2.20	1.91
24 April 2015	2.23	1.93
1 May 2015	2.26	2.00
8 May 2015	2.26	2.03
15 May 2015	2.24	2.04
22 May 2015	2.25	2.05
29 May 2015	2.21	2.01
5 June 2015	2.24	2.04
12 June 2015	2.26	2.06
19 June 2015	2.30	2.08
26 June 2015	2.37	2.15
3 July 2015	2.37	2.12
10 July 2015	2.35	2.10
17 July 2015	2.34	2.11
24 July 2015	2.29	2.07
31 July 2015	2.24	2.03
7 August 2015	2.18	1.97
14 August 2015	2.15	1.91
21 August 2015	2.11	1.88
28 August 2015	2.12	1.86
4 September 2015	2.12	1.81
11 September 2015	2.12	1.83
18 September 2015	2.13	1.84
25 September 2015	2.05	1.76
2 October 2015	1.96	1.67
9 October 2015	2.07	1.76
16 October 2015	2.04	1.73
23 October 2015	2.03	1.73
30 October 2015	2.05	1.76
6 November 2015	2.10	1.81
13 November 2015	2.12	1.84
20 November 2015	2.13	1.85
27 November 2015	2.17	1.87
4 December 2015	2.16	1.82
11 December 2015	2.11	1.77
18 December 2015	2.07	1.69
25 December 2015	2.08	1.67
1 January 2016	2.13	1.71
8 January 2016	2.07	1.68
15 January 2016	1.94	1.57
22 January 2016	1.86	1.48
29 January 2016	1.91	1.50
5 February 2016	1.90	1.52
12 February 2016	1.79	1.39
19 February 2016	1.79	1.39
26 February 2016	1.83	1.43
4 March 2016	1.94	1.56
11 March 2016	1.89	1.51
18 March 2016	1.93	1.55
25 March 2016	2.00	1.63
1 April 2016	2.02	1.63
8 April 2016	2.02	1.60
15 April 2016	1.96	1.53
22 April 2016	2.01	1.59
29 April 2016	2.06	1.66
6 May 2016	2.02	1.61
13 May 2016	1.99	1.60
20 May 2016	1.99	1.55
27 May 2016	2.00	1.52
3 June 2016	1.96	1.47
10 June 2016	1.94	1.48
17 June 2016	1.82	1.37
24 June 2016	1.85	1.40
1 July 2016	1.81	1.31
8 July 2016	1.84	1.31
15 July 2016	1.86	1.35
22 July 2016	1.87	1.39
29 July 2016	1.87	1.39
5 August 2016	1.85	1.40
12 August 2016	1.89	1.42
19 August 2016	1.89	1.44
26 August 2016	1.89	1.43
2 September 2016	1.90	1.45
9 September 2016	1.95	1.50
16 September 2016	1.95	1.47
23 September 2016	1.94	1.47
30 September 2016	1.94	1.47
7 October 2016	2.00	1.55
14 October 2016	2.02	1.54
21 October 2016	2.07	1.56
28 October 2016	2.11	1.60
4 November 2016	2.12	1.62
11 November 2016	2.26	1.75
18 November 2016	2.36	1.86
25 November 2016	2.40	1.93
2 December 2016	2.39	1.94
9 December 2016	2.42	1.99
16 December 2016	2.37	1.97
23 December 2016	2.35	1.93
30 December 2016	2.39	1.97
6 January 2017	2.39	1.94
13 January 2017	2.37	1.92
20 January 2017	2.38	1.99
27 January 2017	2.41	2.05
3 February 2017	2.39	2.00
10 February 2017	2.35	1.96
17 February 2017	2.38	2.02
24 February 2017	2.36	2.00
3 March 2017	2.34	1.99
10 March 2017	2.34	1.96
17 March 2017	2.37	1.98
24 March 2017	2.33	1.94
31 March 2017	2.34	1.94
7 April 2017	2.33	1.94
14 April 2017	2.30	1.90
21 April 2017	2.26	1.89
28 April 2017	2.31	1.94
5 May 2017	2.29	1.94
12 May 2017	2.25	1.93
19 May 2017	2.22	1.88
26 May 2017	2.21	1.86
2 June 2017	2.19	1.85
9 June 2017	2.15	1.81
16 June 2017	2.11	1.75
23 June 2017	2.10	1.71
30 June 2017	2.15	1.75
7 July 2017	2.19	1.78
14 July 2017	2.19	1.81
21 July 2017	2.20	1.81
28 July 2017	2.21	1.81
4 August 2017	2.20	1.81
11 August 2017	2.22	1.82
18 August 2017	2.19	1.82
25 August 2017	2.18	1.79
1 September 2017	2.19	1.78
8 September 2017	2.21	1.78
15 September 2017	2.26	1.81
22 September 2017	2.26	1.81
29 September 2017	2.25	1.78
6 October 2017	2.25	1.79
13 October 2017	2.24	1.81
20 October 2017	2.22	1.77
27 October 2017	2.25	1.81
3 November 2017	2.23	1.79
10 November 2017	2.22	1.80
17 November 2017	2.22	1.81
24 November 2017	2.21	1.78
1 December 2017	2.25	1.81
8 December 2017	2.28	1.84
15 December 2017	2.26	1.87
22 December 2017	2.29	1.93
29 December 2017	2.30	1.94
5 January 2018	2.33	1.97
12 January 2018	2.32	1.98
19 January 2018	2.36	2.03
26 January 2018	2.38	2.04
2 February 2018	2.43	2.13
9 February 2018	2.43	2.17
16 February 2018	2.39	2.17

Note: The data are weekly averages of daily data and extend through February 16, 2018. TIPS is Treasury Inflation-Protected Securities.

Source: Federal Reserve Bank of New York; Barclays; Federal Reserve Board staff estimates.

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Figure 12. Change in real gross domestic product and gross domestic income

Percent, annual rate

Period	Gross domestic product	Gross domestic income
2011	1.68	2.09
2012	1.28	2.85
2013	2.66	1.28
2014	2.70	4.22
2015	2.02	1.63
2016	1.84	0.55
2017:H1	2.14	2.48
2017:H2	2.85	ND

Note: Gross domestic income is not yet available for 2017:H2

Source: Bureau of Economic Analysis via Haver Analytics.

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Figure 13. Change in real personal consumption expenditures and disposable personal income

Percent, annual rate

Period	Personal consumption expenditures	Disposable personal income
2011	1.48	1.66
2012	1.32	5.05
2013	2.00	-2.84
2014	3.59	4.94
2015	3.02	3.22
2016	2.84	0.24
2017:H1	2.59	2.80
2017:H2	2.98	0.84

Source: Bureau of Economic Analysis via Haver Analytics.

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Figure 14. Personal saving rate

Monthly
Percent

Period	Percent
January 2006	3.8
February 2006	3.8
March 2006	3.8
April 2006	3.4
May 2006	3.2
June 2006	3.4
July 2006	2.9
August 2006	3.0
September 2006	3.0
October 2006	3.1
November 2006	3.2
December 2006	3.0
January 2007	3.0
February 2007	3.3
March 2007	3.6
April 2007	3.2
May 2007	3.0
June 2007	2.8
July 2007	2.8
August 2007	2.6
September 2007	2.8
October 2007	2.8
November 2007	2.5
December 2007	3.0
January 2008	3.3
February 2008	3.8
March 2008	3.9
April 2008	3.5
May 2008	7.9
June 2008	5.5
July 2008	4.4
August 2008	3.7
September 2008	4.4
October 2008	5.4
November 2008	6.2
December 2008	6.4
January 2009	6.4
February 2009	5.9
March 2009	6.1
April 2009	6.7
May 2009	8.1
June 2009	6.6
July 2009	6.0
August 2009	4.9
September 2009	5.9
October 2009	5.4
November 2009	5.7
December 2009	5.7
January 2010	5.6
February 2010	5.2
March 2010	5.0
April 2010	5.6
May 2010	6.0
June 2010	5.9
July 2010	5.9
August 2010	5.8
September 2010	5.6
October 2010	5.4
November 2010	5.3
December 2010	5.9
January 2011	6.3
February 2011	6.4
March 2011	6.1
April 2011	5.8
May 2011	5.9
June 2011	6.1
July 2011	6.2
August 2011	6.2
September 2011	5.7
October 2011	5.5
November 2011	5.6
December 2011	6.4
January 2012	6.6
February 2012	6.7
March 2012	7.0
April 2012	7.2
May 2012	7.3
June 2012	7.6
July 2012	7.1
August 2012	7.1
September 2012	7.2
October 2012	7.8
November 2012	8.8
December 2012	11.0
January 2013	4.9
February 2013	4.7
March 2013	4.8
April 2013	4.9
May 2013	5.3
June 2013	5.4
July 2013	5.2
August 2013	5.4
September 2013	5.3
October 2013	4.8
November 2013	4.6
December 2013	4.7
January 2014	5.1
February 2014	5.4
March 2014	5.4
April 2014	5.5
May 2014	5.7
June 2014	5.9
July 2014	5.8
August 2014	5.6
September 2014	5.8
October 2014	5.8
November 2014	5.8
December 2014	6.1
January 2015	6.1
February 2015	6.3
March 2015	5.8
April 2015	6.2
May 2015	6.2
June 2015	6.3
July 2015	6.0
August 2015	6.0
September 2015	6.0
October 2015	6.3
November 2015	6.1
December 2015	5.8
January 2016	5.9
February 2016	5.5
March 2016	5.7
April 2016	5.5
May 2016	5.4
June 2016	5.1
July 2016	5.1
August 2016	4.9
September 2016	4.5
October 2016	4.1
November 2016	3.7
December 2016	3.2
January 2017	3.7
February 2017	4.1
March 2017	3.9
April 2017	3.7
May 2017	3.8
June 2017	3.6
July 2017	3.5
August 2017	3.5
September 2017	3.0
October 2017	3.0
November 2017	2.5
December 2017	2.4

Note: Data are through December 2017.

Source: Bureau of Economic Analysis via Haver Analytics.

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Figure 15. Prices of existing single-family houses

Monthly
Percent change from year earlier

Period	S&P/Case-Shiller national index	Zillow index	CoreLogic price index
January 2007	1.05	3.38	-0.59
February 2007	0.53	3.10	-1.47
March 2007	-0.30	2.56	-2.80
April 2007	-0.82	2.18	-3.68
May 2007	-1.35	1.76	-4.37
June 2007	-1.63	1.29	-4.71
July 2007	-1.96	0.72	-5.07
August 2007	-2.26	0.31	-5.70
September 2007	-2.76	-0.26	-6.68
October 2007	-3.54	-0.97	-7.89
November 2007	-4.61	-1.38	-9.11
December 2007	-5.40	-1.94	-10.22
January 2008	-6.37	-2.66	-11.47
February 2008	-7.27	-3.57	-12.66
March 2008	-7.84	-4.48	-13.36
April 2008	-8.13	-5.39	-13.98
May 2008	-8.17	-6.01	-14.10
June 2008	-8.26	-6.53	-14.13
July 2008	-8.44	-6.76	-14.46
August 2008	-8.85	-7.03	-14.83
September 2008	-9.60	-7.35	-15.61
October 2008	-10.34	-7.39	-16.36
November 2008	-10.90	-7.37	-16.84
December 2008	-11.99	-7.20	-17.66
January 2009	-12.70	-6.98	-18.10
February 2009	-12.75	-6.66	-17.59
March 2009	-12.74	-6.40	-16.74
April 2009	-12.17	-6.24	-15.42
May 2009	-11.28	-6.23	-13.64
June 2009	-10.05	-6.16	-11.83
July 2009	-9.03	-6.15	-10.26
August 2009	-8.29	-6.18	-8.88
September 2009	-7.59	-6.10	-7.63
October 2009	-6.65	-6.08	-5.95
November 2009	-5.21	-6.10	-3.94
December 2009	-3.85	-6.24	-2.24
January 2010	-2.93	-6.49	-1.40
February 2010	-3.10	-6.74	-1.40
March 2010	-2.00	-6.55	-0.19
April 2010	-1.07	-6.31	0.92
May 2010	-0.79	-6.00	1.09
June 2010	-1.42	-5.64	0.68
July 2010	-2.14	-5.44	-0.19
August 2010	-2.84	-5.53	-1.22
September 2010	-3.37	-5.61	-2.14
October 2010	-3.69	-5.76	-2.83
November 2010	-4.14	-5.84	-3.59
December 2010	-4.12	-5.70	-3.68
January 2011	-4.11	-5.31	-3.61
February 2011	-3.72	-5.04	-3.57
March 2011	-4.05	-5.12	-4.35
April 2011	-4.29	-5.14	-4.54
May 2011	-4.31	-5.22	-4.43
June 2011	-3.90	-5.30	-3.88
July 2011	-3.53	-5.38	-3.04
August 2011	-3.16	-5.10	-2.30
September 2011	-3.06	-4.70	-1.62
October 2011	-3.30	-4.35	-1.36
November 2011	-3.65	-4.12	-1.33
December 2011	-3.89	-3.94	-0.96
January 2012	-3.51	-3.63	-0.32
February 2012	-2.72	-3.13	0.64
March 2012	-1.39	-2.57	1.98
April 2012	-0.47	-2.13	2.78
May 2012	0.28	-1.56	3.47
June 2012	0.89	-0.91	3.83
July 2012	1.38	-0.20	4.19
August 2012	2.08	0.39	4.76
September 2012	3.00	0.85	5.38
October 2012	4.03	1.45	6.10
November 2012	5.36	2.11	7.06
December 2012	6.46	2.65	7.88
January 2013	7.58	3.04	8.67
February 2013	8.34	3.37	9.31
March 2013	8.91	3.76	9.92
April 2013	9.03	4.28	10.00
May 2013	9.09	4.74	9.82
June 2013	9.27	5.12	9.43
July 2013	9.71	5.44	9.46
August 2013	10.16	5.81	9.64
September 2013	10.62	5.99	10.01
October 2013	10.84	6.17	10.26
November 2013	10.72	6.21	10.22
December 2013	10.73	6.25	10.03
January 2014	10.46	6.29	10.03
February 2014	10.16	6.33	10.02
March 2014	8.95	6.10	9.15
April 2014	7.96	5.82	8.15
May 2014	7.04	5.53	7.15
June 2014	6.26	5.31	6.41
July 2014	5.60	5.09	5.81
August 2014	5.06	4.75	5.39
September 2014	4.75	4.67	5.15
October 2014	4.62	4.46	5.19
November 2014	4.58	4.32	5.14
December 2014	4.51	4.31	5.02
January 2015	4.32	4.11	5.07
February 2015	4.23	3.97	5.19
March 2015	4.29	4.19	5.32
April 2015	4.31	4.48	5.37
May 2015	4.37	4.71	5.38
June 2015	4.38	4.80	5.33
July 2015	4.43	4.91	5.20
August 2015	4.50	5.07	5.18
September 2015	4.69	5.17	5.40
October 2015	4.91	5.27	5.47
November 2015	5.13	5.37	5.55
December 2015	5.24	5.53	5.78
January 2016	5.33	5.63	5.86
February 2016	5.22	5.78	5.71
March 2016	5.10	5.75	5.67
April 2016	5.05	5.60	5.67
May 2016	4.97	5.52	5.41
June 2016	4.92	5.66	5.15
July 2016	4.94	5.80	5.14
August 2016	5.05	5.89	5.16
September 2016	5.14	6.03	5.25
October 2016	5.19	6.23	5.37
November 2016	5.26	6.54	5.55
December 2016	5.38	6.78	5.45
January 2017	5.56	6.92	5.41
February 2017	5.63	6.89	5.64
March 2017	5.70	7.07	5.72
April 2017	5.72	7.31	5.64
May 2017	5.75	7.44	5.74
June 2017	5.78	7.23	5.93
July 2017	5.84	7.03	5.99
August 2017	5.92	6.99	6.07
September 2017	6.00	7.06	6.04
October 2017	6.10	7.12	6.07
November 2017	6.21	6.97	6.23
December 2017	ND	6.50	6.60

Note: The data for the S&P/Case-Shiller index extend through November 2017. The data for the Zillow index and the CoreLogic index extend through December 2017.

Source: CoreLogic Home Price Index; Zillow; S&P/Case-Shiller U.S. National Home Price Index. The S&P/Case-Shiller Index is a product of S&P Dow Jones Indices LLC and/or its affiliates. (For Dow Jones Indices licensing information, see the note on the Contents page: For figures 15 and 33, note that the S&P 500 Index and the Dow Jones Bank Index are products of S&P Dow Jones Indices LLC and/or its affiliates and have been licensed for use by the Board. Copyright © 2018 S&P Dow Jones Indices LLC, a division of S&P Global, and/or its affiliates. All rights reserved. Redistribution, reproduction, and/or photocopying in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC's indices please visit www.spdji.com. S&P® is a registered trademark of Standard & Poor's Financial Services LLC, and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. Neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent, and neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors shall have any liability for any errors, omissions, or interruptions of any index or the data included therein.)

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Figure 16. Wealth-to-income ratio

Quarterly

Period	Ratio
1994:Q1	5.06
1994:Q2	5.02
1994:Q3	5.03
1994:Q4	4.98
1995:Q1	5.00
1995:Q2	5.08
1995:Q3	5.14
1995:Q4	5.20
1996:Q1	5.22
1996:Q2	5.23
1996:Q3	5.22
1996:Q4	5.21
1997:Q1	5.19
1997:Q2	5.38
1997:Q3	5.49
1997:Q4	5.46
1998:Q1	5.62
1998:Q2	5.63
1998:Q3	5.43
1998:Q4	5.71
1999:Q1	5.73
1999:Q2	5.88
1999:Q3	5.79
1999:Q4	6.11
2000:Q1	6.11
2000:Q2	5.97
2000:Q3	5.96
2000:Q4	5.78
2001:Q1	5.56
2001:Q2	5.71
2001:Q3	5.40
2001:Q4	5.66
2002:Q1	5.58
2002:Q2	5.40
2002:Q3	5.21
2002:Q4	5.30
2003:Q1	5.26
2003:Q2	5.42
2003:Q3	5.42
2003:Q4	5.64
2004:Q1	5.80
2004:Q2	5.85
2004:Q3	5.89
2004:Q4	6.05
2005:Q1	6.18
2005:Q2	6.27
2005:Q3	6.36
2005:Q4	6.44
2006:Q1	6.51
2006:Q2	6.45
2006:Q3	6.43
2006:Q4	6.52
2007:Q1	6.50
2007:Q2	6.48
2007:Q3	6.41
2007:Q4	6.23
2008:Q1	5.90
2008:Q2	5.60
2008:Q3	5.48
2008:Q4	5.14
2009:Q1	5.05
2009:Q2	5.08
2009:Q3	5.24
2009:Q4	5.28
2010:Q1	5.34
2010:Q2	5.18
2010:Q3	5.27
2010:Q4	5.42
2011:Q1	5.42
2011:Q2	5.41
2011:Q3	5.17
2011:Q4	5.28
2012:Q1	5.36
2012:Q2	5.32
2012:Q3	5.47
2012:Q4	5.39
2013:Q1	5.84
2013:Q2	5.94
2013:Q3	6.08
2013:Q4	6.25
2014:Q1	6.24
2014:Q2	6.26
2014:Q3	6.20
2014:Q4	6.26
2015:Q1	6.34
2015:Q2	6.31
2015:Q3	6.17
2015:Q4	6.26
2016:Q1	6.27
2016:Q2	6.27
2016:Q3	6.40
2016:Q4	6.53
2017:Q1	6.59
2017:Q2	6.65
2017:Q3	6.74

Note: The data extend through 2017:Q3. The series is the ratio of household net worth to disposable personal income.

Source: For net worth, Federal Reserve Board, Statistical Release Z.1, "Financial Accounts of the United States"; for income, Bureau of Economic Analysis via Haver Analytics.

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Figure 17. Changes in household debt

Billions of dollars, annual rate

Period	Mortgages	Consumer credit	Sum
2007	733.19	150.21	883.41
2008	96.91	34.31	131.23
2009	89.06	-94.57	-5.52
2010	-160.17	-28.15	-188.33
2011	-67.89	110.98	43.09
2012	-69.55	163.92	94.37
2013	4.78	175.84	180.62
2014	26.45	221.89	248.33
2015	144.51	235.06	379.57
2016	240.45	228.08	468.53
2017	312.35	181.94	494.29

Note: The values for 2017 are the averages of the seasonally adjusted annualized quarterly flows through 2017:Q3.

Source: Federal Reserve Board, Statistical Release Z.1, "Financial Accounts of the United States."

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Figure 18. Indexes of consumer sentiment and income expectations

Monthly

Period	Real income expectations (Diffusion index)	Consumer sentiment (Index)
January 2005	84.67	95.50
February 2005	85.67	94.10
March 2005	83.33	92.60
April 2005	80.67	87.70
May 2005	78.33	86.90
June 2005	77.67	96.00
July 2005	80.33	96.50
August 2005	80.00	89.10
September 2005	78.67	76.90
October 2005	75.00	74.20
November 2005	74.33	81.60
December 2005	77.33	91.50
January 2006	78.67	91.20
February 2006	79.00	86.70
March 2006	76.33	88.90
April 2006	78.67	87.40
May 2006	77.67	79.10
June 2006	76.33	84.90
July 2006	75.67	84.70
August 2006	78.33	82.00
September 2006	81.00	85.40
October 2006	84.33	93.60
November 2006	85.00	92.10
December 2006	86.33	91.70
January 2007	84.00	96.90
February 2007	83.67	91.30
March 2007	82.00	88.40
April 2007	80.33	87.10
May 2007	78.33	88.30
June 2007	76.00	85.30
July 2007	75.00	90.40
August 2007	74.00	83.40
September 2007	73.33	83.40
October 2007	73.00	80.90
November 2007	76.00	76.10
December 2007	77.00	75.50
January 2008	78.00	78.40
February 2008	73.67	70.80
March 2008	72.67	69.50
April 2008	67.00	62.60
May 2008	66.00	59.80
June 2008	60.33	56.40
July 2008	62.33	61.20
August 2008	61.33	63.00
September 2008	67.33	70.30
October 2008	67.00	57.60
November 2008	69.00	55.30
December 2008	65.67	60.10
January 2009	67.00	61.20
February 2009	67.33	56.30
March 2009	68.67	57.30
April 2009	68.00	65.10
May 2009	66.00	68.70
June 2009	65.67	70.80
July 2009	65.00	66.00
August 2009	66.00	65.70
September 2009	67.67	73.50
October 2009	66.67	70.60
November 2009	66.33	67.40
December 2009	66.33	72.50
January 2010	67.67	74.40
February 2010	67.00	73.60
March 2010	66.33	73.60
April 2010	65.67	72.20
May 2010	66.00	73.60
June 2010	65.67	76.00
July 2010	64.33	67.80
August 2010	64.00	68.90
September 2010	64.33	68.20
October 2010	66.00	67.70
November 2010	67.67	71.60
December 2010	66.33	74.50
January 2011	64.33	74.20
February 2011	61.33	77.50
March 2011	59.33	67.50
April 2011	58.67	69.80
May 2011	57.00	74.30
June 2011	56.00	71.50
July 2011	58.33	63.70
August 2011	59.67	55.80
September 2011	59.33	59.50
October 2011	57.67	60.80
November 2011	57.33	63.70
December 2011	58.67	69.90
January 2012	58.67	75.00
February 2012	60.00	75.30
March 2012	61.33	76.20
April 2012	61.00	76.40
May 2012	62.33	79.30
June 2012	59.67	73.20
July 2012	60.67	72.30
August 2012	58.33	74.30
September 2012	60.33	78.30
October 2012	60.33	82.60
November 2012	63.00	82.70
December 2012	62.33	72.90
January 2013	63.00	73.80
February 2013	60.33	77.60
March 2013	63.33	78.60
April 2013	64.33	76.40
May 2013	67.00	84.50
June 2013	67.33	84.10
July 2013	68.00	85.10
August 2013	68.67	82.10
September 2013	66.33	77.50
October 2013	66.33	73.20
November 2013	64.67	75.10
December 2013	66.00	82.50
January 2014	67.00	81.20
February 2014	68.67	81.60
March 2014	69.00	80.00
April 2014	66.67	84.10
May 2014	65.33	81.90
June 2014	67.00	82.50
July 2014	68.33	81.80
August 2014	69.33	82.50
September 2014	69.67	84.60
October 2014	69.67	86.90
November 2014	70.33	88.80
December 2014	72.67	93.60
January 2015	77.00	98.10
February 2015	78.33	95.40
March 2015	76.67	93.00
April 2015	76.33	95.90
May 2015	77.33	90.70
June 2015	78.00	96.10
July 2015	77.33	93.10
August 2015	78.00	91.90
September 2015	77.00	87.20
October 2015	76.33	90.00
November 2015	76.33	91.30
December 2015	79.33	92.60
January 2016	81.00	92.00
February 2016	81.67	91.70
March 2016	81.67	91.00
April 2016	79.33	89.00
May 2016	79.67	94.70
June 2016	80.33	93.50
July 2016	81.00	90.00
August 2016	80.67	89.80
September 2016	81.33	91.20
October 2016	82.00	87.20
November 2016	84.67	93.80
December 2016	84.67	98.20
January 2017	85.00	98.50
February 2017	84.00	96.30
March 2017	85.33	96.90
April 2017	86.33	97.00
May 2017	88.67	97.10
June 2017	87.67	95.00
July 2017	88.00	93.40
August 2017	86.00	96.80
September 2017	85.67	95.10
October 2017	87.33	100.70
November 2017	89.00	98.50
December 2017	89.00	95.90
January 2018	87.33	95.70
February 2018	87.67	99.90

Note: The data extend through February 2018; the February data are preliminary. The consumer sentiment data are monthly and are indexed to 100 in 1966. The real income expectations data are calculated as the net percentage of survey respondents expecting family income to go up more than prices during the next year or two plus 100 and are shown as a three-month moving average.

Source: University of Michigan Surveys of Consumers.

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Figure 19. New and existing home sales

Monthly
Millions, annual rate

Period	Existing home sales	New home sales
January 2005	7.10	1.20
February 2005	6.89	1.32
March 2005	6.96	1.33
April 2005	7.12	1.26
May 2005	7.08	1.29
June 2005	7.18	1.27
July 2005	7.14	1.39
August 2005	7.23	1.26
September 2005	7.26	1.24
October 2005	7.11	1.34
November 2005	7.02	1.21
December 2005	6.85	1.24
January 2006	6.70	1.17
February 2006	6.85	1.06
March 2006	6.84	1.12
April 2006	6.70	1.12
May 2006	6.58	1.09
June 2006	6.48	1.07
July 2006	6.31	0.97
August 2006	6.34	1.04
September 2006	6.29	1.02
October 2006	6.35	0.94
November 2006	6.34	1.00
December 2006	6.42	1.00
January 2007	5.74	0.89
February 2007	5.79	0.83
March 2007	5.46	0.83
April 2007	5.29	0.89
May 2007	5.27	0.84
June 2007	5.12	0.79
July 2007	5.07	0.78
August 2007	4.87	0.70
September 2007	4.58	0.69
October 2007	4.43	0.73
November 2007	4.46	0.64
December 2007	4.41	0.62
January 2008	4.17	0.63
February 2008	4.12	0.59
March 2008	4.16	0.54
April 2008	4.11	0.54
May 2008	4.14	0.50
June 2008	4.09	0.49
July 2008	4.15	0.48
August 2008	4.19	0.44
September 2008	4.27	0.43
October 2008	4.09	0.39
November 2008	3.77	0.39
December 2008	4.01	0.38
January 2009	3.82	0.34
February 2009	3.97	0.37
March 2009	3.86	0.34
April 2009	3.90	0.34
May 2009	4.00	0.38
June 2009	4.10	0.39
July 2009	4.37	0.41
August 2009	4.45	0.42
September 2009	4.62	0.39
October 2009	5.02	0.40
November 2009	5.44	0.38
December 2009	4.40	0.35
January 2010	4.19	0.35
February 2010	4.27	0.34
March 2010	4.49	0.38
April 2010	4.82	0.42
May 2010	4.88	0.28
June 2010	4.45	0.31
July 2010	3.45	0.28
August 2010	3.68	0.28
September 2010	3.84	0.32
October 2010	3.83	0.29
November 2010	4.02	0.29
December 2010	4.27	0.33
January 2011	4.42	0.31
February 2011	4.16	0.27
March 2011	4.26	0.30
April 2011	4.17	0.31
May 2011	4.14	0.31
June 2011	4.23	0.30
July 2011	4.15	0.30
August 2011	4.38	0.30
September 2011	4.33	0.30
October 2011	4.34	0.32
November 2011	4.39	0.33
December 2011	4.35	0.34
January 2012	4.48	0.34
February 2012	4.58	0.37
March 2012	4.52	0.35
April 2012	4.59	0.35
May 2012	4.60	0.37
June 2012	4.47	0.36
July 2012	4.53	0.37
August 2012	4.76	0.38
September 2012	4.71	0.39
October 2012	4.79	0.36
November 2012	4.96	0.39
December 2012	4.89	0.40
January 2013	4.98	0.44
February 2013	5.06	0.44
March 2013	5.07	0.45
April 2013	5.09	0.45
May 2013	5.14	0.43
June 2013	5.11	0.46
July 2013	5.27	0.38
August 2013	5.26	0.38
September 2013	5.14	0.40
October 2013	5.04	0.44
November 2013	4.92	0.45
December 2013	4.86	0.44
January 2014	4.76	0.45
February 2014	4.78	0.42
March 2014	4.75	0.41
April 2014	4.79	0.40
May 2014	4.90	0.45
June 2014	4.94	0.42
July 2014	4.98	0.40
August 2014	4.97	0.45
September 2014	5.00	0.47
October 2014	5.12	0.47
November 2014	4.99	0.45
December 2014	5.09	0.49
January 2015	4.92	0.52
February 2015	5.08	0.55
March 2015	5.25	0.48
April 2015	5.17	0.50
May 2015	5.25	0.50
June 2015	5.36	0.48
July 2015	5.44	0.50
August 2015	5.36	0.51
September 2015	5.41	0.46
October 2015	5.28	0.48
November 2015	4.78	0.51
December 2015	5.44	0.54
January 2016	5.44	0.52
February 2016	5.21	0.53
March 2016	5.38	0.53
April 2016	5.50	0.57
May 2016	5.45	0.56
June 2016	5.46	0.56
July 2016	5.35	0.63
August 2016	5.39	0.57
September 2016	5.47	0.57
October 2016	5.55	0.58
November 2016	5.57	0.58
December 2016	5.52	0.55
January 2017	5.65	0.60
February 2017	5.48	0.62
March 2017	5.67	0.64
April 2017	5.54	0.59
May 2017	5.60	0.61
June 2017	5.50	0.62
July 2017	5.42	0.56
August 2017	5.42	0.56
September 2017	5.37	0.64
October 2017	5.50	0.60
November 2017	5.72	0.69
December 2017	5.56	0.63
January 2018	5.38	ND

Note: Data are monthly. New home sales extend through December 2017 and include only single-family sales. Existing home sales includes single-family, condo, townhome, and co-op sales.

Source: For new home sales, U.S. Census Bureau; for existing home sales, National Association of Realtors; all via Haver Analytics.

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Figure 20. Private housing starts and permits

Monthly
Millions of units, annual rate

Period	Multifamily starts	Single-family starts	Single-family permits
January 2006	0.45	1.82	1.69
February 2006	0.32	1.80	1.64
March 2006	0.37	1.60	1.55
April 2006	0.31	1.51	1.50
May 2006	0.37	1.57	1.45
June 2006	0.35	1.45	1.39
July 2006	0.31	1.42	1.31
August 2006	0.29	1.36	1.28
September 2006	0.34	1.38	1.22
October 2006	0.28	1.21	1.18
November 2006	0.28	1.29	1.16
December 2006	0.40	1.25	1.20
January 2007	0.28	1.13	1.17
February 2007	0.29	1.19	1.14
March 2007	0.29	1.20	1.15
April 2007	0.29	1.20	1.06
May 2007	0.29	1.13	1.04
June 2007	0.32	1.13	1.00
July 2007	0.31	1.04	0.98
August 2007	0.37	0.96	0.92
September 2007	0.25	0.94	0.86
October 2007	0.39	0.88	0.82
November 2007	0.36	0.83	0.80
December 2007	0.23	0.81	0.74
January 2008	0.31	0.77	0.71
February 2008	0.38	0.72	0.66
March 2008	0.28	0.73	0.64
April 2008	0.33	0.68	0.66
May 2008	0.29	0.68	0.63
June 2008	0.40	0.65	0.61
July 2008	0.31	0.62	0.57
August 2008	0.24	0.61	0.54
September 2008	0.28	0.54	0.53
October 2008	0.24	0.54	0.47
November 2008	0.19	0.46	0.42
December 2008	0.16	0.40	0.36
January 2009	0.13	0.36	0.34
February 2009	0.22	0.36	0.38
March 2009	0.15	0.35	0.36
April 2009	0.09	0.39	0.39
May 2009	0.13	0.41	0.43
June 2009	0.10	0.48	0.46
July 2009	0.09	0.51	0.49
August 2009	0.10	0.49	0.49
September 2009	0.08	0.51	0.48
October 2009	0.06	0.48	0.47
November 2009	0.09	0.50	0.48
December 2009	0.10	0.48	0.51
January 2010	0.10	0.51	0.50
February 2010	0.08	0.53	0.51
March 2010	0.09	0.54	0.54
April 2010	0.12	0.57	0.48
May 2010	0.13	0.46	0.44
June 2010	0.09	0.45	0.43
July 2010	0.12	0.43	0.41
August 2010	0.18	0.42	0.40
September 2010	0.15	0.45	0.40
October 2010	0.11	0.44	0.41
November 2010	0.09	0.45	0.42
December 2010	0.11	0.43	0.45
January 2011	0.20	0.43	0.42
February 2011	0.13	0.39	0.38
March 2011	0.17	0.43	0.40
April 2011	0.14	0.42	0.40
May 2011	0.15	0.41	0.41
June 2011	0.17	0.44	0.41
July 2011	0.19	0.43	0.42
August 2011	0.16	0.42	0.43
September 2011	0.23	0.42	0.43
October 2011	0.17	0.44	0.44
November 2011	0.25	0.47	0.45
December 2011	0.17	0.52	0.46
January 2012	0.21	0.52	0.46
February 2012	0.24	0.47	0.49
March 2012	0.22	0.47	0.48
April 2012	0.25	0.50	0.48
May 2012	0.19	0.52	0.50
June 2012	0.23	0.52	0.50
July 2012	0.22	0.52	0.52
August 2012	0.22	0.54	0.52
September 2012	0.25	0.59	0.56
October 2012	0.30	0.61	0.57
November 2012	0.26	0.57	0.57
December 2012	0.36	0.62	0.59
January 2013	0.28	0.61	0.59
February 2013	0.31	0.66	0.61
March 2013	0.38	0.62	0.61
April 2013	0.25	0.58	0.62
May 2013	0.32	0.60	0.62
June 2013	0.25	0.61	0.63
July 2013	0.29	0.60	0.62
August 2013	0.27	0.62	0.63
September 2013	0.28	0.58	0.62
October 2013	0.33	0.59	0.62
November 2013	0.39	0.71	0.65
December 2013	0.36	0.65	0.61
January 2014	0.32	0.58	0.62
February 2014	0.35	0.60	0.61
March 2014	0.32	0.65	0.62
April 2014	0.39	0.65	0.62
May 2014	0.35	0.64	0.63
June 2014	0.33	0.60	0.65
July 2014	0.43	0.65	0.64
August 2014	0.35	0.64	0.64
September 2014	0.34	0.66	0.66
October 2014	0.38	0.72	0.65
November 2014	0.33	0.66	0.66
December 2014	0.36	0.72	0.68
January 2015	0.39	0.71	0.67
February 2015	0.30	0.59	0.64
March 2015	0.35	0.62	0.66
April 2015	0.46	0.75	0.68
May 2015	0.37	0.70	0.69
June 2015	0.51	0.69	0.70
July 2015	0.38	0.76	0.70
August 2015	0.40	0.74	0.71
September 2015	0.47	0.74	0.71
October 2015	0.36	0.70	0.72
November 2015	0.40	0.78	0.74
December 2015	0.37	0.76	0.73
January 2016	0.35	0.77	0.73
February 2016	0.37	0.84	0.74
March 2016	0.38	0.75	0.73
April 2016	0.40	0.77	0.74
May 2016	0.39	0.73	0.74
June 2016	0.42	0.77	0.74
July 2016	0.45	0.77	0.72
August 2016	0.44	0.73	0.74
September 2016	0.28	0.78	0.75
October 2016	0.46	0.87	0.78
November 2016	0.33	0.82	0.79
December 2016	0.46	0.81	0.83
January 2017	0.42	0.82	0.81
February 2017	0.41	0.88	0.83
March 2017	0.37	0.82	0.83
April 2017	0.33	0.82	0.79
May 2017	0.33	0.80	0.78
June 2017	0.36	0.86	0.81
July 2017	0.34	0.84	0.81
August 2017	0.30	0.87	0.80
September 2017	0.33	0.83	0.82
October 2017	0.37	0.89	0.85
November 2017	0.35	0.95	0.87
December 2017	0.36	0.85	0.88
January 2018	0.45	0.88	0.87

Source: U.S. Census Bureau via Haver Analytics.

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Figure 21. Change in real private nonresidential fixed investment

Percent, annual rate

Period	Structures	Equipment and intangible capital
2010	-3.96	11.98
2011	8.01	9.21
2012	4.12	5.53
2013	5.78	4.51
2014	8.80	5.25
2015	-9.12	3.33
2016	3.54	-0.12
2017:H1	10.83	5.80
2017:H2	-2.92	8.44

Source: Bureau of Economic Analysis via Haver Analytics.

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Figure 22. Selected components of net debt financing for nonfinancial businesses

Billions of dollars, monthly rate

Period	Bank loans	Bonds	Commercial paper	Sum
2007	19.76	9.93	0.94	30.63
2008	15.31	9.70	0.64	25.65
2009	-28.00	17.62	-6.09	-16.47
2010	-8.65	14.86	2.04	8.25
2011	10.47	13.53	2.78	26.78
2012	13.84	26.99	1.17	42.00
2013	8.01	23.15	1.18	32.34
2014	13.08	22.84	3.12	39.05
2015	14.67	33.19	-0.45	47.41
2016	10.22	22.47	0.34	33.03
2017:H1	5.63	27.14	1.31	34.08
2017:Q3	7.13	28.92	5.21	41.26

Source: Federal Reserve Board, Statistical Release Z.1, "Financial Accounts of the United States."

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Figure 23. Corporate bond yields, by securities rating

Series: High-yield, Triple-B, and Double-A

Horizon: January 1, 1998, to February 21, 2018

Description: Data are plotted as three curves. Units are percentage points along the right axis. All three curves follow a similar pattern.

The high-yield series starts at the beginning of 1998 at just above 9. The series increases generally to about 13 by the end of 2000, reaching a high of about 13.7 in December 2000. The series then decreases, bottoming out at around 7.3 in early 2005. The series fluctuates in small increments around 8 before beginning to increase in mid-2007. At the beginning of 2008:Q4, the series jumps quickly, and it reaches nearly 20 in 2009. The series then declines quickly to about 14, experiences another jump to about 17, and then continues to decline generally, landing near 7 in early 2012. After increasing slightly to around 7.7 in mid-2012, the series resumes its fall, reaching below 6 in 2013:Q2. The series increases to slightly below 7 through 2014:Q4 before falling again in early 2015. The series rises starting in mid-2015 and climbs above 8 in early 2016 before falling for the remainder of 2016 and 2017 to around 5.6. The series then increases to about 5.9 by the end of the horizon.

The Triple-B series starts at the beginning of 1998 at about 6.5. The series fluctuates between about 6 and about 9 until mid-2003, when it decreases generally to around 5. The series gradually climbs back up to 7 by mid-2008 and then increases quickly, reaching nearly 10 later that year. Throughout 2009 the series sharply declines, reaching about 6 by the end of the year; it then continues to decline more gradually, dipping below 4 near the end of 2012 and again in 2013:Q1. Then the series increases, reaching about 5 in late 2013 before falling to just above 4 by mid-2014. The series falls below 4 in early 2015 before rising to almost 4.75 in early 2016. In 2016, the series declines, remaining mostly below 4 until November. At the end of 2016:Q4, it increases and reaches a high of about 4.4 in March 2017. The series continues to fluctuate between 3.8 and 4.25 before reaching about 4.3 by the end of the horizon.

The Double-A series starts at the beginning of 1998 at about 6.25. The series declines generally to about 5.5 in 1998:Q4 before increasing generally to about 8 in 2000:Q2. The series then decreases generally to just above 4 in mid-2003. The series remains between about 5 and about 6 through the beginning of 2008. Then the series increases quickly, reaching about 8.5 by 2008:Q4. The series sharply declines in late 2008 and early 2009 and then continues to fall more gradually until it reaches about 2.5 by the end of 2012. The series increases through the beginning of 2014 to around 4 but then falls through January 2015 to just under 3. The series rises to about 3.75 by mid-2015 before falling below 3 for most of 2016. In late 2016, the series jumps to about 3.6 and then gradually declines to about 3.1 in 2017:Q4 before rising to around 3.7 by the end of the horizon.

Note: The yields shown are yields on 10-year bonds.

Source: ICE Bank of America Merrill Lynch Indices, used with permission.

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Figure 24. Change in real imports and exports of goods and services

Percent, annual rate

Period	Imports	Exports
2014	6.15	2.98
2015	2.90	-1.81
2016	2.68	0.59
2017:H1	2.87	5.42
2017:Q3	-0.69	2.08
2017:Q4	13.88	6.94

Source: Bureau of Economic Analysis via Haver Analytics.

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Figure 25. U.S. trade and current account balances

Quarterly
Percent of nominal GDP

Period	Trade	Current account
2000:Q1	-3.5	-3.79
2000:Q2	-3.5	-3.77
2000:Q3	-3.8	-4.05
2000:Q4	-3.8	-4.08
2001:Q1	-3.7	-4.01
2001:Q2	-3.4	-3.56
2001:Q3	-3.4	-3.88
2001:Q4	-3.3	-3.23
2002:Q1	-3.5	-3.77
2002:Q2	-3.8	-4.14
2002:Q3	-3.9	-4.09
2002:Q4	-4.3	-4.42
2003:Q1	-4.5	-4.77
2003:Q2	-4.4	-4.53
2003:Q3	-4.3	-4.47
2003:Q4	-4.3	-4.28
2004:Q1	-4.6	-4.57
2004:Q2	-5.0	-5.13
2004:Q3	-5.2	-5.14
2004:Q4	-5.4	-5.71
2005:Q1	-5.3	-5.29
2005:Q2	-5.3	-5.53
2005:Q3	-5.5	-5.65
2005:Q4	-5.9	-6.28
2006:Q1	-5.7	-5.81
2006:Q2	-5.7	-5.87
2006:Q3	-5.8	-6.21
2006:Q4	-5.1	-5.39
2007:Q1	-5.1	-5.56
2007:Q2	-5.1	-5.20
2007:Q3	-4.9	-4.63
2007:Q4	-4.8	-4.28
2008:Q1	-5.2	-4.93
2008:Q2	-5.1	-4.75
2008:Q3	-5.2	-4.71
2008:Q4	-4.1	-4.12
2009:Q1	-2.7	-2.66
2009:Q2	-2.4	-2.41
2009:Q3	-2.8	-2.53
2009:Q4	-3.0	-2.73
2010:Q1	-3.3	-2.87
2010:Q2	-3.5	-2.99
2010:Q3	-3.6	-3.06
2010:Q4	-3.3	-2.60
2011:Q1	-3.7	-3.02
2011:Q2	-3.8	-3.03
2011:Q3	-3.7	-2.67
2011:Q4	-3.8	-2.74
2012:Q1	-3.8	-2.89
2012:Q2	-3.6	-2.77
2012:Q3	-3.3	-2.47
2012:Q4	-3.3	-2.43
2013:Q1	-3.2	-2.30
2013:Q2	-3.1	-2.19
2013:Q3	-2.9	-2.12
2013:Q4	-2.6	-1.78
2014:Q1	-3.0	-2.14
2014:Q2	-3.0	-2.03
2014:Q3	-2.8	-2.09
2014:Q4	-2.9	-2.32
2015:Q1	-3.0	-2.42
2015:Q2	-2.8	-2.35
2015:Q3	-2.9	-2.56
2015:Q4	-2.8	-2.26
2016:Q1	-2.9	-2.60
2016:Q2	-2.7	-2.33
2016:Q3	-2.6	-2.36
2016:Q4	-3.0	-2.41
2017:Q1	-3.1	-2.38
2017:Q2	-2.9	-2.58
2017:Q3	-2.7	-2.06
2017:Q4	-3.0	ND

Note: GDP is gross domestic product. Current account data extend through 2017:Q3.

Source: Bureau of Economic Analysis via Haver Analytics.

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Figure 26. Change in real government expenditures on consumption and investment

Percent, annual rate

Period	Federal	State and local
2009	3.94	1.30
2010	3.25	-4.03
2011	-4.01	-2.35
2012	-2.14	-2.27
2013	-6.67	-0.11
2014	-1.16	1.52
2015	1.16	1.86
2016	-0.33	0.81
2017:H1	-0.27	-0.50
2017:H2	2.43	1.42

Source: Bureau of Economic Analysis via Haver Analytics.

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Figure 27. Federal receipts and expenditures

Annual
Percent of nominal GDP

Period	Expenditures	Receipts
1997	18.87	18.62
1998	18.45	19.23
1999	17.89	19.22
2000	17.63	19.96
2001	17.63	18.85
2002	18.49	17.04
2003	19.06	15.73
2004	18.97	15.55
2005	19.18	16.71
2006	19.40	17.59
2007	19.05	17.93
2008	20.22	17.11
2009	24.40	14.60
2010	23.36	14.61
2011	23.43	14.98
2012	22.07	15.29
2013	20.92	16.80
2014	20.33	17.52
2015	20.51	18.07
2016	20.86	17.69
2017	20.76	17.29

Note: The receipts and expenditures data are on a unified-budget basis and are for fiscal years (October through September); gross domestic product (GDP) data are for the four quarters ending in Q4.

Source: Office of Management and Budget via Haver Analytics.

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Figure 28. Federal government debt held by the public

Quarterly

Period	Percent of nominal GDP
1967:Q1	31.43
1967:Q2	30.29
1967:Q3	30.72
1967:Q4	31.29
1968:Q1	30.96
1968:Q2	29.73
1968:Q3	30.05
1968:Q4	29.78
1969:Q1	29.03
1969:Q2	27.34
1969:Q3	27.23
1969:Q4	27.47
1970:Q1	27.32
1970:Q2	26.32
1970:Q3	26.55
1970:Q4	27.30
1971:Q1	26.36
1971:Q2	26.01
1971:Q3	26.30
1971:Q4	27.06
1972:Q1	26.50
1972:Q2	25.27
1972:Q3	25.19
1972:Q4	25.38
1973:Q1	25.08
1973:Q2	23.96
1973:Q3	23.56
1973:Q4	23.33
1974:Q1	23.31
1974:Q2	22.32
1974:Q3	22.18
1974:Q4	22.27
1975:Q1	23.26
1975:Q2	23.76
1975:Q3	24.34
1975:Q4	25.08
1976:Q1	25.60
1976:Q2	25.65
1976:Q3	26.16
1976:Q4	26.42
1977:Q1	26.59
1977:Q2	25.67
1977:Q3	25.83
1977:Q4	26.21
1978:Q1	26.67
1978:Q2	25.32
1978:Q3	25.28
1978:Q4	25.02
1979:Q1	24.93
1979:Q2	24.14
1979:Q3	23.93
1979:Q4	24.06
1980:Q1	24.12
1980:Q2	24.32
1980:Q3	24.78
1980:Q4	24.53
1981:Q1	24.54
1981:Q2	24.19
1981:Q3	24.05
1981:Q4	24.97
1982:Q1	26.04
1982:Q2	25.86
1982:Q3	27.29
1982:Q4	28.80
1983:Q1	29.80
1983:Q2	30.25
1983:Q3	30.63
1983:Q4	30.74
1984:Q1	31.07
1984:Q2	31.04
1984:Q3	31.80
1984:Q4	32.89
1985:Q1	33.20
1985:Q2	33.76
1985:Q3	34.12
1985:Q4	35.70
1986:Q1	36.03
1986:Q2	36.85
1986:Q3	37.58
1986:Q4	38.67
1987:Q1	38.72
1987:Q2	38.70
1987:Q3	38.53
1987:Q4	38.82
1988:Q1	39.11
1988:Q2	38.60
1988:Q3	38.69
1988:Q4	38.89
1989:Q1	38.76
1989:Q2	38.24
1989:Q3	38.35
1989:Q4	39.06
1990:Q1	39.21
1990:Q2	39.29
1990:Q3	39.98
1990:Q4	41.47
1991:Q1	42.09
1991:Q2	42.19
1991:Q3	43.21
1991:Q4	44.21
1992:Q1	44.82
1992:Q2	45.03
1992:Q3	45.53
1992:Q4	45.99
1993:Q1	46.53
1993:Q2	46.87
1993:Q3	47.03
1993:Q4	47.44
1994:Q1	47.47
1994:Q2	46.71
1994:Q3	46.68
1994:Q4	46.71
1995:Q1	47.15
1995:Q2	47.12
1995:Q3	46.76
1995:Q4	46.63
1996:Q1	47.09
1996:Q2	45.82
1996:Q3	45.75
1996:Q4	45.63
1997:Q1	45.58
1997:Q2	43.97
1997:Q3	43.39
1997:Q4	43.29
1998:Q1	43.09
1998:Q2	41.68
1998:Q3	40.67
1998:Q4	40.23
1999:Q1	39.80
1999:Q2	38.21
1999:Q3	37.41
1999:Q4	37.08
2000:Q1	36.42
2000:Q2	33.70
2000:Q3	32.92
2000:Q4	32.32
2001:Q1	32.44
2001:Q2	30.56
2001:Q3	31.20
2001:Q4	31.58
2002:Q1	31.66
2002:Q2	31.56
2002:Q3	32.08
2002:Q4	32.75
2003:Q1	32.95
2003:Q2	33.48
2003:Q3	33.66
2003:Q4	34.12
2004:Q1	34.76
2004:Q2	34.55
2004:Q3	34.71
2004:Q4	34.98
2005:Q1	35.58
2005:Q2	34.81
2005:Q3	34.75
2005:Q4	35.13
2006:Q1	35.59
2006:Q2	34.65
2006:Q3	34.70
2006:Q4	34.72
2007:Q1	35.39
2007:Q2	34.16
2007:Q3	34.53
2007:Q4	34.87
2008:Q1	36.27
2008:Q2	35.59
2008:Q3	39.07
2008:Q4	43.71
2009:Q1	47.45
2009:Q2	49.95
2009:Q3	52.42
2009:Q4	53.56
2010:Q1	56.40
2010:Q2	57.93
2010:Q3	59.87
2010:Q4	61.60
2011:Q1	63.28
2011:Q2	62.97
2011:Q3	64.96
2011:Q4	66.21
2012:Q1	67.92
2012:Q2	68.53
2012:Q3	69.50
2012:Q4	71.13
2013:Q1	72.40
2013:Q2	72.01
2013:Q3	71.52
2013:Q4	72.65
2014:Q1	74.05
2014:Q2	72.55
2014:Q3	72.51
2014:Q4	73.40
2015:Q1	73.20
2015:Q2	72.23
2015:Q3	71.95
2015:Q4	74.73
2016:Q1	75.95
2016:Q2	75.12
2016:Q3	75.64
2016:Q4	76.30
2017:Q1	75.34
2017:Q2	74.57
2017:Q3	75.20

Note: The data extend through 2017:Q3. The data for gross domestic product (GDP) are at an annual rate. Federal debt held by the public equals federal debt less Treasury securities held in federal employee defined benefit retirement accounts, evaluated at the end of the quarter.

Source: For GDP, Bureau of Economic Analysis via Haver Analytics; for federal debt, Federal Reserve Board, Statistical Release Z.1, "Financial Accounts of the United States."

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Figure 29. State and local employment and structures investment

Monthly
Millions of employees

Period	Employment
January 2009	19.79
February 2009	19.78
March 2009	19.76
April 2009	19.76
May 2009	19.76
June 2009	19.76
July 2009	19.70
August 2009	19.71
September 2009	19.63
October 2009	19.68
November 2009	19.69
December 2009	19.65
January 2010	19.63
February 2010	19.60
March 2010	19.60
April 2010	19.59
May 2010	19.58
June 2010	19.55
July 2010	19.52
August 2010	19.48
September 2010	19.38
October 2010	19.43
November 2010	19.42
December 2010	19.40
January 2011	19.38
February 2011	19.34
March 2011	19.32
April 2011	19.31
May 2011	19.26
June 2011	19.30
July 2011	19.19
August 2011	19.17
September 2011	19.14
October 2011	19.15
November 2011	19.13
December 2011	19.12
January 2012	19.11
February 2012	19.12
March 2012	19.12
April 2012	19.11
May 2012	19.09
June 2012	19.11
July 2012	19.10
August 2012	19.10
September 2012	19.10
October 2012	19.08
November 2012	19.07
December 2012	19.08
January 2013	19.06
February 2013	19.08
March 2013	19.08
April 2013	19.08
May 2013	19.09
June 2013	19.07
July 2013	19.05
August 2013	19.08
September 2013	19.08
October 2013	19.09
November 2013	19.10
December 2013	19.08
January 2014	19.08
February 2014	19.09
March 2014	19.10
April 2014	19.13
May 2014	19.14
June 2014	19.16
July 2014	19.15
August 2014	19.13
September 2014	19.16
October 2014	19.18
November 2014	19.19
December 2014	19.21
January 2015	19.21
February 2015	19.23
March 2015	19.22
April 2015	19.24
May 2015	19.26
June 2015	19.26
July 2015	19.28
August 2015	19.31
September 2015	19.28
October 2015	19.30
November 2015	19.32
December 2015	19.33
January 2016	19.35
February 2016	19.36
March 2016	19.39
April 2016	19.40
May 2016	19.40
June 2016	19.39
July 2016	19.48
August 2016	19.48
September 2016	19.50
October 2016	19.49
November 2016	19.50
December 2016	19.50
January 2017	19.50
February 2017	19.50
March 2017	19.51
April 2017	19.51
May 2017	19.50
June 2017	19.52
July 2017	19.52
August 2017	19.54
September 2017	19.53
October 2017	19.52
November 2017	19.53
December 2017	19.53
January 2018	19.53

Note: The employment data are monthly.

Source: For employment data, Bureau of Labor Statistics, via Haver Analytics.

Quarterly
Billions of chained (2009) dollars, annual rate

Period	Real structures
2009:Q1	288.72
2009:Q2	294.66
2009:Q3	293.35
2009:Q4	282.38
2010:Q1	273.59
2010:Q2	284.21
2010:Q3	285.58
2010:Q4	274.46
2011:Q1	265.67
2011:Q2	261.38
2011:Q3	258.57
2011:Q4	257.89
2012:Q1	248.86
2012:Q2	246.08
2012:Q3	238.48
2012:Q4	230.27
2013:Q1	228.32
2013:Q2	228.83
2013:Q3	228.83
2013:Q4	225.73
2014:Q1	222.76
2014:Q2	227.57
2014:Q3	228.31
2014:Q4	229.92
2015:Q1	228.40
2015:Q2	239.17
2015:Q3	239.77
2015:Q4	229.95
2016:Q1	239.50
2016:Q2	229.41
2016:Q3	222.23
2016:Q4	224.74
2017:Q1	223.43
2017:Q2	212.75
2017:Q3	210.45
2017:Q4	218.72

Note: The structures data are quarterly.

Source: For structures data, Bureau of Economic Analysis, via Haver Analytics.

Return to text

Figure 30. Market-implied federal funds rate

Quarterly
Percent

Period	Feb. 21, 2018	June 30, 2017
2017:Q3	ND	1.16
2017:Q4	ND	1.19
2018:Q1	ND	1.27
2018:Q2	1.38	1.38
2018:Q3	1.74	1.47
2018:Q4	1.92	1.54
2019:Q1	2.03	1.60
2019:Q2	2.13	1.66
2019:Q3	2.27	1.72
2019:Q4	2.38	1.77
2020:Q1	2.47	1.82
2020:Q2	2.53	1.86
2020:Q3	2.55	1.91
2020:Q4	2.57	1.95

Note: The federal funds rate path is implied by quotes on overnight index swaps–-a derivative contract tied to the effective federal funds rate. The implied path as of February 21, 2018, is compared with that as of June 30, 2017. The path is estimated with a spline approach, assuming a term premium of 0 basis points. The paths extend through 2020:Q4.

Source: Bloomberg; Federal Reserve Board staff estimates.

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Figure 31. Yields on nominal Treasury securities

Daily
Percent

Date	5-year	10-year	30-year
3 January 2000	6.50	6.58	6.61
4 January 2000	6.40	6.49	6.53
5 January 2000	6.51	6.62	6.64
6 January 2000	6.46	6.57	6.58
7 January 2000	6.42	6.52	6.55
10 January 2000	6.49	6.57	6.59
11 January 2000	6.57	6.67	6.68
12 January 2000	6.63	6.72	6.71
13 January 2000	6.54	6.63	6.65
14 January 2000	6.59	6.69	6.69
17 January 2000	ND	ND	ND
18 January 2000	6.65	6.75	6.75
19 January 2000	6.62	6.73	6.72
20 January 2000	6.67	6.79	6.74
21 January 2000	6.67	6.79	6.71
24 January 2000	6.59	6.69	6.65
25 January 2000	6.60	6.70	6.64
26 January 2000	6.62	6.69	6.60
27 January 2000	6.67	6.68	6.53
28 January 2000	6.68	6.66	6.45
31 January 2000	6.71	6.68	6.49
1 February 2000	6.68	6.62	6.43
2 February 2000	6.69	6.60	6.32
3 February 2000	6.56	6.49	6.17
4 February 2000	6.64	6.53	6.23
7 February 2000	6.76	6.64	6.34
8 February 2000	6.74	6.59	6.22
9 February 2000	6.77	6.56	6.32
10 February 2000	6.78	6.67	6.35
11 February 2000	6.77	6.63	6.29
14 February 2000	6.72	6.56	6.22
15 February 2000	6.74	6.56	6.26
16 February 2000	6.75	6.56	6.27
17 February 2000	6.76	6.58	6.23
18 February 2000	6.72	6.49	6.16
21 February 2000	ND	ND	ND
22 February 2000	6.62	6.36	6.08
23 February 2000	6.66	6.44	6.14
24 February 2000	6.56	6.36	6.13
25 February 2000	6.50	6.36	6.17
28 February 2000	6.53	6.37	6.16
29 February 2000	6.61	6.42	6.15
1 March 2000	6.59	6.39	6.16
2 March 2000	6.59	6.40	6.15
3 March 2000	6.60	6.39	6.13
6 March 2000	6.64	6.42	6.16
7 March 2000	6.60	6.39	6.16
8 March 2000	6.59	6.38	6.17
9 March 2000	6.56	6.35	6.16
10 March 2000	6.61	6.39	6.19
13 March 2000	6.57	6.36	6.17
14 March 2000	6.52	6.31	6.11
15 March 2000	6.50	6.29	6.07
16 March 2000	6.47	6.26	6.05
17 March 2000	6.45	6.20	6.01
20 March 2000	6.45	6.18	5.99
21 March 2000	6.44	6.13	5.97
22 March 2000	6.41	6.13	5.97
23 March 2000	6.39	6.08	5.92
24 March 2000	6.51	6.20	6.00
27 March 2000	6.51	6.21	5.99
28 March 2000	6.46	6.17	5.98
29 March 2000	6.46	6.18	5.99
30 March 2000	6.35	6.06	5.89
31 March 2000	6.32	6.03	5.84
3 April 2000	6.30	6.00	5.84
4 April 2000	6.16	5.90	5.77
5 April 2000	6.17	5.90	5.81
6 April 2000	6.20	5.93	5.80
7 April 2000	6.18	5.86	5.71
10 April 2000	6.11	5.80	5.69
11 April 2000	6.19	5.89	5.77
12 April 2000	6.27	5.97	5.84
13 April 2000	6.24	5.94	5.81
14 April 2000	6.11	5.85	5.79
17 April 2000	6.23	6.01	5.92
18 April 2000	6.27	6.05	5.92
19 April 2000	6.23	5.99	5.85
20 April 2000	6.24	5.99	5.83
21 April 2000	ND	ND	ND
24 April 2000	6.23	6.00	5.86
25 April 2000	6.39	6.14	5.95
26 April 2000	6.40	6.14	5.95
27 April 2000	6.51	6.23	6.00
28 April 2000	6.56	6.23	5.97
1 May 2000	6.59	6.29	5.98
2 May 2000	6.60	6.32	6.03
3 May 2000	6.66	6.40	6.11
4 May 2000	6.70	6.46	6.19
5 May 2000	6.77	6.51	6.20
8 May 2000	6.83	6.57	6.25
9 May 2000	6.75	6.53	6.22
10 May 2000	6.69	6.47	6.18
11 May 2000	6.67	6.43	6.16
12 May 2000	6.76	6.51	6.20
15 May 2000	6.73	6.47	6.17
16 May 2000	6.72	6.43	6.12
17 May 2000	6.74	6.48	6.18
18 May 2000	6.79	6.56	6.24
19 May 2000	6.71	6.51	6.22
22 May 2000	6.66	6.44	6.18
23 May 2000	6.68	6.45	6.17
24 May 2000	6.71	6.47	6.19
25 May 2000	6.64	6.39	6.11
26 May 2000	6.57	6.33	6.06
29 May 2000	ND	ND	ND
30 May 2000	6.62	6.38	6.09
31 May 2000	6.54	6.29	6.02
1 June 2000	6.44	6.20	5.95
2 June 2000	6.37	6.15	5.94
5 June 2000	6.33	6.12	5.91
6 June 2000	6.35	6.14	5.91
7 June 2000	6.35	6.13	5.89
8 June 2000	6.37	6.13	5.89
9 June 2000	6.36	6.13	5.89
12 June 2000	6.33	6.09	5.88
13 June 2000	6.32	6.11	5.94
14 June 2000	6.26	6.06	5.91
15 June 2000	6.26	6.05	5.93
16 June 2000	6.19	5.99	5.88
19 June 2000	6.20	6.00	5.89
20 June 2000	6.23	6.03	5.90
21 June 2000	6.32	6.11	5.96
22 June 2000	6.32	6.12	5.98
23 June 2000	6.37	6.19	6.04
26 June 2000	6.29	6.11	5.99
27 June 2000	6.29	6.10	5.95
28 June 2000	6.28	6.11	5.97
29 June 2000	6.21	6.04	5.88
30 June 2000	6.18	6.03	5.90
3 July 2000	6.12	6.00	5.87
4 July 2000	ND	ND	ND
5 July 2000	6.12	5.99	5.86
6 July 2000	6.16	6.05	5.91
7 July 2000	6.11	6.01	5.87
10 July 2000	6.13	6.04	5.88
11 July 2000	6.16	6.06	5.89
12 July 2000	6.20	6.09	5.89
13 July 2000	6.15	6.01	5.81
14 July 2000	6.25	6.10	5.88
17 July 2000	6.31	6.17	5.93
18 July 2000	6.30	6.16	5.92
19 July 2000	6.31	6.16	5.92
20 July 2000	6.15	6.01	5.81
21 July 2000	6.14	6.01	5.79
24 July 2000	6.18	6.04	5.81
25 July 2000	6.17	6.04	5.81
26 July 2000	6.16	6.04	5.82
27 July 2000	6.14	6.02	5.78
28 July 2000	6.16	6.04	5.78
31 July 2000	6.16	6.04	5.79
1 August 2000	6.12	6.00	5.74
2 August 2000	6.09	5.98	5.77
3 August 2000	6.07	5.95	5.74
4 August 2000	6.02	5.91	5.72
7 August 2000	6.07	5.97	5.76
8 August 2000	6.03	5.93	5.73
9 August 2000	6.03	5.81	5.73
10 August 2000	6.00	5.76	5.68
11 August 2000	6.07	5.79	5.72
14 August 2000	6.07	5.78	5.70
15 August 2000	6.11	5.81	5.72
16 August 2000	6.13	5.83	5.73
17 August 2000	6.13	5.81	5.72
18 August 2000	6.09	5.78	5.69
21 August 2000	6.10	5.79	5.71
22 August 2000	6.07	5.78	5.71
23 August 2000	6.02	5.73	5.68
24 August 2000	6.00	5.73	5.67
25 August 2000	6.00	5.73	5.67
28 August 2000	6.05	5.78	5.72
29 August 2000	6.08	5.81	5.75
30 August 2000	6.07	5.81	5.74
31 August 2000	5.98	5.73	5.67
1 September 2000	5.92	5.68	5.67
4 September 2000	ND	ND	ND
5 September 2000	5.92	5.69	5.67
6 September 2000	5.95	5.72	5.71
7 September 2000	5.97	5.76	5.72
8 September 2000	5.95	5.73	5.70
11 September 2000	5.97	5.77	5.73
12 September 2000	5.97	5.78	5.76
13 September 2000	5.94	5.74	5.73
14 September 2000	5.96	5.79	5.81
15 September 2000	5.93	5.84	5.90
18 September 2000	5.93	5.88	5.96
19 September 2000	5.93	5.86	5.92
20 September 2000	5.98	5.91	5.97
21 September 2000	5.96	5.88	5.93
22 September 2000	5.93	5.85	5.92
25 September 2000	5.94	5.84	5.90
26 September 2000	5.90	5.81	5.86
27 September 2000	5.89	5.83	5.90
28 September 2000	5.90	5.82	5.89
29 September 2000	5.85	5.80	5.88
2 October 2000	5.86	5.83	5.93
3 October 2000	5.88	5.87	5.94
4 October 2000	5.94	5.90	5.95
5 October 2000	5.92	5.87	5.91
6 October 2000	5.88	5.82	5.85
9 October 2000	ND	ND	ND
10 October 2000	5.86	5.80	5.83
11 October 2000	5.82	5.77	5.83
12 October 2000	5.74	5.73	5.82
13 October 2000	5.73	5.73	5.80
16 October 2000	5.77	5.74	5.81
17 October 2000	5.68	5.68	5.77
18 October 2000	5.68	5.66	5.77
19 October 2000	5.69	5.66	5.76
20 October 2000	5.69	5.64	5.73
23 October 2000	5.66	5.59	5.68
24 October 2000	5.70	5.63	5.71
25 October 2000	5.74	5.67	5.75
26 October 2000	5.75	5.69	5.74
27 October 2000	5.79	5.72	5.74
30 October 2000	5.83	5.74	5.76
31 October 2000	5.83	5.77	5.79
1 November 2000	5.79	5.74	5.78
2 November 2000	5.78	5.74	5.79
3 November 2000	5.86	5.83	5.86
6 November 2000	5.91	5.87	5.89
7 November 2000	5.84	5.87	5.90
8 November 2000	5.83	5.87	5.89
9 November 2000	5.76	5.82	5.85
10 November 2000	5.76	5.82	5.88
13 November 2000	5.72	5.77	5.85
14 November 2000	5.72	5.76	5.81
15 November 2000	5.69	5.72	5.77
16 November 2000	5.66	5.68	5.75
17 November 2000	5.67	5.71	5.78
20 November 2000	5.65	5.68	5.76
21 November 2000	5.65	5.67	5.74
22 November 2000	5.60	5.62	5.68
23 November 2000	ND	ND	ND
24 November 2000	5.63	5.63	5.67
27 November 2000	5.63	5.64	5.71
28 November 2000	5.57	5.59	5.67
29 November 2000	5.51	5.55	5.66
30 November 2000	5.42	5.48	5.60
1 December 2000	5.46	5.52	5.64
4 December 2000	5.45	5.53	5.66
5 December 2000	5.36	5.43	5.59
6 December 2000	5.26	5.32	5.52
7 December 2000	5.26	5.32	5.51
8 December 2000	5.32	5.35	5.55
11 December 2000	5.33	5.37	5.54
12 December 2000	5.33	5.36	5.53
13 December 2000	5.24	5.29	5.48
14 December 2000	5.19	5.23	5.45
15 December 2000	5.15	5.20	5.44
18 December 2000	5.10	5.17	5.44
19 December 2000	5.12	5.19	5.47
20 December 2000	5.00	5.08	5.42
21 December 2000	4.94	5.03	5.41
22 December 2000	4.93	5.02	5.40
25 December 2000	ND	ND	ND
26 December 2000	4.92	5.04	5.41
27 December 2000	4.99	5.11	5.45
28 December 2000	5.02	5.13	5.44
29 December 2000	4.99	5.12	5.46
1 January 2001	ND	ND	ND
2 January 2001	4.76	4.92	5.35
3 January 2001	4.94	5.14	5.49
4 January 2001	4.82	5.03	5.44
5 January 2001	4.66	4.93	5.41
8 January 2001	4.65	4.94	5.42
9 January 2001	4.73	4.98	5.43
10 January 2001	4.83	5.10	5.49
11 January 2001	4.85	5.14	5.55
12 January 2001	4.97	5.25	5.63
15 January 2001	ND	ND	ND
16 January 2001	4.96	5.24	5.60
17 January 2001	4.87	5.19	5.52
18 January 2001	4.74	5.12	5.47
19 January 2001	4.84	5.19	5.56
22 January 2001	4.87	5.25	5.61
23 January 2001	4.96	5.30	5.65
24 January 2001	4.98	5.33	5.67
25 January 2001	4.94	5.29	5.61
26 January 2001	4.93	5.29	5.64
29 January 2001	4.97	5.32	5.69
30 January 2001	4.91	5.24	5.59
31 January 2001	4.85	5.19	5.54
1 February 2001	4.78	5.10	5.46
2 February 2001	4.86	5.17	5.51
5 February 2001	4.88	5.18	5.48
6 February 2001	4.92	5.22	5.51
7 February 2001	4.91	5.10	5.52
8 February 2001	4.93	5.10	5.44
9 February 2001	4.85	5.03	5.38
12 February 2001	4.86	5.05	5.42
13 February 2001	4.90	5.07	5.43
14 February 2001	4.99	5.13	5.44
15 February 2001	5.06	5.19	5.50
16 February 2001	4.94	5.11	5.46
19 February 2001	ND	ND	ND
20 February 2001	4.94	5.11	5.46
21 February 2001	4.96	5.14	5.49
22 February 2001	4.94	5.15	5.52
23 February 2001	4.86	5.10	5.49
26 February 2001	4.81	5.05	5.45
27 February 2001	4.75	4.96	5.34
28 February 2001	4.70	4.92	5.34
1 March 2001	4.67	4.87	5.29
2 March 2001	4.75	4.95	5.38
5 March 2001	4.78	4.98	5.36
6 March 2001	4.78	4.99	5.38
7 March 2001	4.72	4.92	5.32
8 March 2001	4.70	4.89	5.30
9 March 2001	4.75	4.95	5.32
12 March 2001	4.72	4.92	5.31
13 March 2001	4.75	4.95	5.34
14 March 2001	4.62	4.84	5.28
15 March 2001	4.55	4.81	5.29
16 March 2001	4.54	4.78	5.28
19 March 2001	4.58	4.82	5.30
20 March 2001	4.52	4.78	5.27
21 March 2001	4.49	4.77	5.28
22 March 2001	4.44	4.73	5.25
23 March 2001	4.52	4.80	5.30
26 March 2001	4.56	4.85	5.36
27 March 2001	4.73	5.00	5.45
28 March 2001	4.68	4.97	5.47
29 March 2001	4.67	4.98	5.48
30 March 2001	4.62	4.93	5.46
2 April 2001	4.66	4.98	5.49
3 April 2001	4.60	4.94	5.48
4 April 2001	4.58	4.94	5.50
5 April 2001	4.63	4.98	5.53
6 April 2001	4.52	4.89	5.46
9 April 2001	4.56	4.93	5.50
10 April 2001	4.70	5.09	5.63
11 April 2001	4.75	5.12	5.60
12 April 2001	4.83	5.17	5.61
13 April 2001	ND	ND	ND
16 April 2001	4.94	5.28	5.70
17 April 2001	4.87	5.21	5.65
18 April 2001	4.75	5.14	5.65
19 April 2001	4.86	5.27	5.77
20 April 2001	4.88	5.29	5.79
23 April 2001	4.78	5.20	5.73
24 April 2001	4.78	5.22	5.75
25 April 2001	4.88	5.28	5.78
26 April 2001	4.79	5.20	5.71
27 April 2001	4.94	5.34	5.81
30 April 2001	4.97	5.35	5.78
1 May 2001	4.94	5.30	5.75
2 May 2001	4.95	5.31	5.71
3 May 2001	4.87	5.22	5.64
4 May 2001	4.83	5.21	5.65
7 May 2001	4.82	5.21	5.68
8 May 2001	4.68	5.24	5.72
9 May 2001	4.65	5.20	5.67
10 May 2001	4.76	5.31	5.75
11 May 2001	4.99	5.51	5.88
14 May 2001	4.94	5.46	5.85
15 May 2001	4.95	5.50	5.89
16 May 2001	4.95	5.48	5.86
17 May 2001	4.99	5.46	5.80
18 May 2001	4.99	5.41	5.76
21 May 2001	4.99	5.41	5.75
22 May 2001	4.99	5.42	5.78
23 May 2001	4.96	5.41	5.79
24 May 2001	5.05	5.52	5.87
25 May 2001	5.04	5.52	5.86
28 May 2001	ND	ND	ND
29 May 2001	5.06	5.54	5.86
30 May 2001	5.07	5.54	5.86
31 May 2001	4.94	5.43	5.78
1 June 2001	4.94	5.39	5.71
4 June 2001	4.93	5.35	5.69
5 June 2001	4.84	5.29	5.66
6 June 2001	4.83	5.27	5.65
7 June 2001	4.88	5.33	5.72
8 June 2001	4.93	5.38	5.73
11 June 2001	4.87	5.32	5.69
12 June 2001	4.82	5.27	5.65
13 June 2001	4.81	5.28	5.66
14 June 2001	4.76	5.26	5.65
15 June 2001	4.74	5.27	5.68
18 June 2001	4.73	5.27	5.70
19 June 2001	4.72	5.26	5.69
20 June 2001	4.72	5.24	5.67
21 June 2001	4.70	5.22	5.64
22 June 2001	4.63	5.14	5.58
25 June 2001	4.65	5.16	5.59
26 June 2001	4.74	5.24	5.65
27 June 2001	4.82	5.26	5.62
28 June 2001	4.92	5.35	5.68
29 June 2001	4.97	5.42	5.75
2 July 2001	4.88	5.37	5.70
3 July 2001	4.91	5.41	5.73
4 July 2001	ND	ND	ND
5 July 2001	4.95	5.44	5.76
6 July 2001	4.90	5.41	5.75
9 July 2001	4.88	5.37	5.70
10 July 2001	4.82	5.32	5.68
11 July 2001	4.81	5.31	5.69
12 July 2001	4.80	5.27	5.65
13 July 2001	4.82	5.27	5.64
16 July 2001	4.76	5.21	5.59
17 July 2001	4.78	5.22	5.59
18 July 2001	4.66	5.12	5.52
19 July 2001	4.69	5.13	5.53
20 July 2001	4.70	5.15	5.54
23 July 2001	4.68	5.13	5.53
24 July 2001	4.67	5.13	5.52
25 July 2001	4.74	5.20	5.58
26 July 2001	4.71	5.19	5.59
27 July 2001	4.64	5.13	5.55
30 July 2001	4.63	5.11	5.53
31 July 2001	4.57	5.07	5.51
1 August 2001	4.62	5.11	5.53
2 August 2001	4.69	5.17	5.57
3 August 2001	4.72	5.20	5.59
6 August 2001	4.71	5.19	5.59
7 August 2001	4.72	5.20	5.60
8 August 2001	4.61	4.99	5.52
9 August 2001	4.66	5.04	5.54
10 August 2001	4.61	4.99	5.52
13 August 2001	4.57	4.97	5.52
14 August 2001	4.59	4.97	5.51
15 August 2001	4.62	5.00	5.52
16 August 2001	4.58	4.95	5.48
17 August 2001	4.49	4.84	5.43
20 August 2001	4.55	4.91	5.46
21 August 2001	4.50	4.87	5.44
22 August 2001	4.53	4.91	5.44
23 August 2001	4.52	4.89	5.41
24 August 2001	4.55	4.93	5.45
27 August 2001	4.57	4.94	5.47
28 August 2001	4.48	4.85	5.41
29 August 2001	4.43	4.78	5.36
30 August 2001	4.42	4.79	5.37
31 August 2001	4.46	4.85	5.39
3 September 2001	ND	ND	ND
4 September 2001	4.63	4.99	5.50
5 September 2001	4.61	4.97	5.48
6 September 2001	4.48	4.86	5.41
7 September 2001	4.39	4.80	5.39
10 September 2001	4.41	4.84	5.43
11 September 2001	ND	ND	ND
12 September 2001	ND	ND	ND
13 September 2001	4.03	4.64	5.39
14 September 2001	3.92	4.57	5.35
17 September 2001	3.99	4.63	5.41
18 September 2001	4.01	4.72	5.55
19 September 2001	3.90	4.69	5.56
20 September 2001	3.97	4.75	5.62
21 September 2001	3.94	4.70	5.59
24 September 2001	4.00	4.73	5.58
25 September 2001	3.97	4.72	5.58
26 September 2001	3.91	4.65	5.50
27 September 2001	3.87	4.58	5.45
28 September 2001	3.93	4.60	5.42
1 October 2001	3.90	4.55	5.38
2 October 2001	3.87	4.53	5.34
3 October 2001	3.86	4.50	5.32
4 October 2001	3.88	4.53	5.31
5 October 2001	3.87	4.52	5.31
8 October 2001	ND	ND	ND
9 October 2001	3.96	4.62	5.39
10 October 2001	3.96	4.61	5.36
11 October 2001	4.03	4.69	5.41
12 October 2001	4.01	4.68	5.42
15 October 2001	3.97	4.62	5.38
16 October 2001	3.93	4.59	5.35
17 October 2001	3.93	4.59	5.32
18 October 2001	3.93	4.58	5.32
19 October 2001	3.96	4.63	5.36
22 October 2001	3.98	4.63	5.36
23 October 2001	4.01	4.66	5.38
24 October 2001	3.96	4.61	5.32
25 October 2001	3.89	4.56	5.28
26 October 2001	3.88	4.53	5.27
29 October 2001	3.82	4.50	5.25
30 October 2001	3.76	4.44	5.22
31 October 2001	3.66	4.30	4.89
1 November 2001	3.66	4.24	4.79
2 November 2001	3.77	4.37	4.96
5 November 2001	3.71	4.31	4.86
6 November 2001	3.54	4.30	4.86
7 November 2001	3.47	4.22	4.79
8 November 2001	3.58	4.32	4.87
9 November 2001	3.62	4.34	4.88
12 November 2001	ND	ND	ND
13 November 2001	3.69	4.41	4.92
14 November 2001	3.83	4.54	5.02
15 November 2001	4.10	4.79	5.22
16 November 2001	4.24	4.91	5.30
19 November 2001	4.12	4.80	5.22
20 November 2001	4.17	4.88	5.30
21 November 2001	4.31	4.98	5.35
22 November 2001	ND	ND	ND
23 November 2001	4.40	5.04	5.39
26 November 2001	4.41	5.05	5.39
27 November 2001	4.32	4.98	5.37
28 November 2001	4.33	4.98	5.36
29 November 2001	4.10	4.79	5.24
30 November 2001	4.08	4.78	5.27
3 December 2001	4.04	4.75	5.26
4 December 2001	3.99	4.70	5.22
5 December 2001	4.24	4.92	5.35
6 December 2001	4.38	5.04	5.47
7 December 2001	4.50	5.20	5.60
10 December 2001	4.46	5.17	5.58
11 December 2001	4.38	5.13	5.55
12 December 2001	4.29	5.02	5.47
13 December 2001	4.40	5.13	5.53
14 December 2001	4.52	5.24	5.59
17 December 2001	4.54	5.26	5.61
18 December 2001	4.46	5.16	5.52
19 December 2001	4.38	5.08	5.45
20 December 2001	4.42	5.08	5.43
21 December 2001	4.45	5.12	5.45
24 December 2001	4.49	5.18	5.49
25 December 2001	ND	ND	ND
26 December 2001	4.55	5.22	5.52
27 December 2001	4.46	5.13	5.49
28 December 2001	4.46	5.15	5.54
31 December 2001	4.38	5.07	5.48
1 January 2002	ND	ND	ND
2 January 2002	4.52	5.20	5.56
3 January 2002	4.48	5.16	5.54
4 January 2002	4.50	5.18	5.57
7 January 2002	4.39	5.09	5.49
8 January 2002	4.39	5.10	5.51
9 January 2002	4.38	5.10	5.51
10 January 2002	4.27	5.00	5.42
11 January 2002	4.14	4.92	5.37
14 January 2002	4.15	4.91	5.38
15 January 2002	4.14	4.88	5.34
16 January 2002	4.16	4.88	5.36
17 January 2002	4.28	4.98	5.41
18 January 2002	4.23	4.94	5.36
21 January 2002	ND	ND	ND
22 January 2002	4.27	4.96	5.39
23 January 2002	4.36	5.05	5.48
24 January 2002	4.40	5.07	5.47
25 January 2002	4.46	5.10	5.47
28 January 2002	4.48	5.12	5.47
29 January 2002	4.35	5.02	5.40
30 January 2002	4.37	5.02	5.41
31 January 2002	4.42	5.07	5.44
1 February 2002	4.37	5.02	5.40
4 February 2002	4.29	4.94	5.35
5 February 2002	4.29	4.92	5.35
6 February 2002	4.30	4.92	5.38
7 February 2002	4.33	4.93	5.42
8 February 2002	4.28	4.90	5.39
11 February 2002	4.29	4.91	5.41
12 February 2002	4.36	4.97	5.45
13 February 2002	4.40	5.01	5.47
14 February 2002	4.35	4.95	5.42
15 February 2002	4.27	4.86	5.37
18 February 2002	ND	ND	ND
19 February 2002	4.28	4.88	ND
20 February 2002	4.28	4.88	ND
21 February 2002	4.27	4.88	ND
22 February 2002	4.23	4.84	ND
25 February 2002	4.26	4.86	ND
26 February 2002	4.33	4.93	ND
27 February 2002	4.22	4.84	ND
28 February 2002	4.27	4.88	ND
1 March 2002	4.43	4.98	ND
4 March 2002	4.43	5.02	ND
5 March 2002	4.44	5.02	ND
6 March 2002	4.45	5.06	ND
7 March 2002	4.65	5.22	ND
8 March 2002	4.77	5.33	ND
11 March 2002	4.77	5.33	ND
12 March 2002	4.75	5.32	ND
13 March 2002	4.69	5.28	ND
14 March 2002	4.83	5.40	ND
15 March 2002	4.80	5.35	ND
18 March 2002	4.79	5.32	ND
19 March 2002	4.78	5.33	ND
20 March 2002	4.87	5.40	ND
21 March 2002	4.88	5.39	ND
22 March 2002	4.90	5.40	ND
25 March 2002	4.92	5.41	ND
26 March 2002	4.85	5.35	ND
27 March 2002	4.85	5.35	ND
28 March 2002	4.91	5.42	ND
29 March 2002	ND	ND	ND
1 April 2002	4.93	5.44	ND
2 April 2002	4.84	5.36	ND
3 April 2002	4.76	5.30	ND
4 April 2002	4.76	5.28	ND
5 April 2002	4.68	5.22	ND
8 April 2002	4.70	5.25	ND
9 April 2002	4.67	5.22	ND
10 April 2002	4.68	5.24	ND
11 April 2002	4.66	5.22	ND
12 April 2002	4.60	5.18	ND
15 April 2002	4.57	5.15	ND
16 April 2002	4.62	5.20	ND
17 April 2002	4.64	5.24	ND
18 April 2002	4.64	5.23	ND
19 April 2002	4.62	5.21	ND
22 April 2002	4.62	5.19	ND
23 April 2002	4.62	5.18	ND
24 April 2002	4.53	5.11	ND
25 April 2002	4.52	5.10	ND
26 April 2002	4.49	5.08	ND
29 April 2002	4.55	5.13	ND
30 April 2002	4.53	5.11	ND
1 May 2002	4.49	5.08	ND
2 May 2002	4.54	5.13	ND
3 May 2002	4.48	5.08	ND
6 May 2002	4.50	5.10	ND
7 May 2002	4.43	5.09	ND
8 May 2002	4.58	5.24	ND
9 May 2002	4.53	5.20	ND
10 May 2002	4.46	5.15	ND
13 May 2002	4.54	5.23	ND
14 May 2002	4.64	5.32	ND
15 May 2002	4.59	5.28	ND
16 May 2002	4.52	5.20	ND
17 May 2002	4.60	5.27	ND
20 May 2002	4.53	5.21	ND
21 May 2002	4.49	5.18	ND
22 May 2002	4.43	5.13	ND
23 May 2002	4.46	5.16	ND
24 May 2002	4.47	5.16	ND
27 May 2002	ND	ND	ND
28 May 2002	4.46	5.16	ND
29 May 2002	4.41	5.11	ND
30 May 2002	4.36	5.06	ND
31 May 2002	4.37	5.08	ND
3 June 2002	4.36	5.06	ND
4 June 2002	4.31	5.04	ND
5 June 2002	4.35	5.08	ND
6 June 2002	4.30	5.04	ND
7 June 2002	4.36	5.10	ND
10 June 2002	4.34	5.07	ND
11 June 2002	4.29	5.02	ND
12 June 2002	4.24	4.98	ND
13 June 2002	4.20	4.94	ND
14 June 2002	4.10	4.83	ND
17 June 2002	4.14	4.89	ND
18 June 2002	4.13	4.88	ND
19 June 2002	4.01	4.76	ND
20 June 2002	4.11	4.85	ND
21 June 2002	4.06	4.79	ND
24 June 2002	4.13	4.87	ND
25 June 2002	4.13	4.88	ND
26 June 2002	3.99	4.75	ND
27 June 2002	4.08	4.84	ND
28 June 2002	4.09	4.86	ND
1 July 2002	4.08	4.85	ND
2 July 2002	3.99	4.77	ND
3 July 2002	4.00	4.78	ND
4 July 2002	ND	ND	ND
5 July 2002	4.13	4.90	ND
8 July 2002	4.07	4.84	ND
9 July 2002	3.98	4.78	ND
10 July 2002	3.85	4.66	ND
11 July 2002	3.86	4.66	ND
12 July 2002	3.82	4.63	ND
15 July 2002	3.85	4.66	ND
16 July 2002	3.93	4.75	ND
17 July 2002	3.89	4.71	ND
18 July 2002	3.82	4.66	ND
19 July 2002	3.76	4.61	ND
22 July 2002	3.65	4.51	ND
23 July 2002	3.59	4.47	ND
24 July 2002	3.60	4.49	ND
25 July 2002	3.51	4.43	ND
26 July 2002	3.46	4.43	ND
29 July 2002	3.68	4.62	ND
30 July 2002	3.71	4.65	ND
31 July 2002	3.53	4.51	ND
1 August 2002	3.46	4.47	ND
2 August 2002	3.27	4.33	ND
5 August 2002	3.21	4.29	ND
6 August 2002	3.36	4.42	ND
7 August 2002	3.24	4.35	ND
8 August 2002	3.35	4.40	ND
9 August 2002	3.28	4.27	ND
12 August 2002	3.24	4.22	ND
13 August 2002	3.15	4.12	ND
14 August 2002	3.19	4.06	ND
15 August 2002	3.28	4.17	ND
16 August 2002	3.41	4.32	ND
19 August 2002	3.40	4.29	ND
20 August 2002	3.25	4.17	ND
21 August 2002	3.28	4.20	ND
22 August 2002	3.37	4.30	ND
23 August 2002	3.31	4.25	ND
26 August 2002	3.29	4.22	ND
27 August 2002	3.37	4.29	ND
28 August 2002	3.31	4.22	ND
29 August 2002	3.24	4.16	ND
30 August 2002	3.22	4.14	ND
2 September 2002	ND	ND	ND
3 September 2002	3.04	3.98	ND
4 September 2002	3.02	3.96	ND
5 September 2002	2.95	3.91	ND
6 September 2002	3.10	4.05	ND
9 September 2002	3.11	4.05	ND
10 September 2002	3.08	4.00	ND
11 September 2002	3.15	4.07	ND
12 September 2002	3.07	3.98	ND
13 September 2002	3.00	3.92	ND
16 September 2002	3.00	3.90	ND
17 September 2002	2.97	3.87	ND
18 September 2002	2.96	3.86	ND
19 September 2002	2.87	3.79	ND
20 September 2002	2.86	3.79	ND
23 September 2002	2.76	3.70	ND
24 September 2002	2.76	3.69	ND
25 September 2002	2.83	3.77	ND
26 September 2002	2.86	3.79	ND
27 September 2002	2.74	3.69	ND
30 September 2002	2.63	3.63	ND
1 October 2002	2.75	3.72	ND
2 October 2002	2.74	3.71	ND
3 October 2002	2.74	3.70	ND
4 October 2002	2.73	3.69	ND
7 October 2002	2.67	3.64	ND
8 October 2002	2.70	3.65	ND
9 October 2002	2.65	3.61	ND
10 October 2002	2.68	3.68	ND
11 October 2002	2.83	3.83	ND
14 October 2002	ND	ND	ND
15 October 2002	3.11	4.07	ND
16 October 2002	3.11	4.06	ND
17 October 2002	3.20	4.16	ND
18 October 2002	3.17	4.14	ND
21 October 2002	3.28	4.24	ND
22 October 2002	3.29	4.27	ND
23 October 2002	3.26	4.26	ND
24 October 2002	3.18	4.16	ND
25 October 2002	3.10	4.12	ND
28 October 2002	3.03	4.10	ND
29 October 2002	2.89	3.97	ND
30 October 2002	2.87	3.99	ND
31 October 2002	2.81	3.93	ND
1 November 2002	2.92	4.01	ND
4 November 2002	3.00	4.07	ND
5 November 2002	3.00	4.10	ND
6 November 2002	3.01	4.09	ND
7 November 2002	2.86	3.88	ND
8 November 2002	2.87	3.85	ND
11 November 2002	ND	ND	ND
12 November 2002	2.83	3.84	ND
13 November 2002	2.82	3.84	ND
14 November 2002	3.01	4.03	ND
15 November 2002	3.05	4.05	ND
18 November 2002	3.04	4.02	ND
19 November 2002	3.02	3.99	ND
20 November 2002	3.13	4.08	ND
21 November 2002	3.20	4.14	ND
22 November 2002	3.26	4.18	ND
25 November 2002	3.26	4.19	ND
26 November 2002	3.14	4.08	ND
27 November 2002	3.34	4.26	ND
28 November 2002	ND	ND	ND
29 November 2002	3.28	4.22	ND
2 December 2002	3.31	4.22	ND
3 December 2002	3.33	4.24	ND
4 December 2002	3.25	4.18	ND
5 December 2002	3.19	4.13	ND
6 December 2002	3.13	4.09	ND
9 December 2002	3.08	4.06	ND
10 December 2002	3.07	4.06	ND
11 December 2002	3.02	4.01	ND
12 December 2002	3.03	4.01	ND
13 December 2002	3.08	4.07	ND
16 December 2002	3.14	4.15	ND
17 December 2002	3.11	4.13	ND
18 December 2002	3.03	4.06	ND
19 December 2002	2.91	3.96	ND
20 December 2002	2.93	3.97	ND
23 December 2002	2.95	3.98	ND
24 December 2002	2.92	3.95	ND
25 December 2002	ND	ND	ND
26 December 2002	2.89	3.93	ND
27 December 2002	2.79	3.83	ND
30 December 2002	2.76	3.82	ND
31 December 2002	2.78	3.83	ND
1 January 2003	ND	ND	ND
2 January 2003	3.05	4.07	ND
3 January 2003	3.03	4.05	ND
6 January 2003	3.10	4.09	ND
7 January 2003	3.04	4.04	ND
8 January 2003	3.01	4.00	ND
9 January 2003	3.23	4.19	ND
10 January 2003	3.20	4.16	ND
13 January 2003	3.17	4.15	ND
14 January 2003	3.10	4.10	ND
15 January 2003	3.10	4.10	ND
16 January 2003	3.11	4.10	ND
17 January 2003	3.05	4.05	ND
20 January 2003	ND	ND	ND
21 January 2003	3.00	4.01	ND
22 January 2003	2.94	3.95	ND
23 January 2003	2.97	3.98	ND
24 January 2003	2.93	3.94	ND
27 January 2003	2.97	3.98	ND
28 January 2003	2.99	4.00	ND
29 January 2003	3.07	4.06	ND
30 January 2003	3.02	4.00	ND
31 January 2003	3.02	4.00	ND
3 February 2003	3.05	4.01	ND
4 February 2003	2.99	3.96	ND
5 February 2003	3.07	4.02	ND
6 February 2003	3.02	3.97	ND
7 February 2003	2.97	3.96	ND
10 February 2003	3.03	3.99	ND
11 February 2003	3.00	3.98	ND
12 February 2003	2.92	3.93	ND
13 February 2003	2.85	3.89	ND
14 February 2003	2.91	3.95	ND
17 February 2003	ND	ND	ND
18 February 2003	2.92	3.94	ND
19 February 2003	2.87	3.88	ND
20 February 2003	2.82	3.85	ND
21 February 2003	2.86	3.90	ND
24 February 2003	2.82	3.86	ND
25 February 2003	2.77	3.81	ND
26 February 2003	2.75	3.78	ND
27 February 2003	2.75	3.76	ND
28 February 2003	2.69	3.71	ND
3 March 2003	2.66	3.68	ND
4 March 2003	2.62	3.65	ND
5 March 2003	2.58	3.63	ND
6 March 2003	2.63	3.67	ND
7 March 2003	2.56	3.63	ND
10 March 2003	2.51	3.59	ND
11 March 2003	2.54	3.60	ND
12 March 2003	2.57	3.60	ND
13 March 2003	2.75	3.74	ND
14 March 2003	2.72	3.72	ND
17 March 2003	2.82	3.82	ND
18 March 2003	2.93	3.91	ND
19 March 2003	2.98	3.98	ND
20 March 2003	3.02	4.01	ND
21 March 2003	3.12	4.11	ND
24 March 2003	2.98	3.98	ND
25 March 2003	2.97	3.97	ND
26 March 2003	2.94	3.96	ND
27 March 2003	2.92	3.95	ND
28 March 2003	2.86	3.92	ND
31 March 2003	2.78	3.83	ND
1 April 2003	2.78	3.84	ND
2 April 2003	2.89	3.94	ND
3 April 2003	2.87	3.93	ND
4 April 2003	2.88	3.96	ND
7 April 2003	2.99	4.03	ND
8 April 2003	2.91	3.95	ND
9 April 2003	2.87	3.93	ND
10 April 2003	2.89	3.95	ND
11 April 2003	2.95	4.00	ND
14 April 2003	3.02	4.04	ND
15 April 2003	2.96	3.98	ND
16 April 2003	2.95	3.96	ND
17 April 2003	2.99	3.98	ND
18 April 2003	ND	ND	ND
21 April 2003	3.03	4.00	ND
22 April 2003	3.01	4.01	ND
23 April 2003	3.02	4.02	ND
24 April 2003	2.92	3.93	ND
25 April 2003	2.88	3.91	ND
28 April 2003	2.90	3.92	ND
29 April 2003	2.94	3.96	ND
30 April 2003	2.85	3.89	ND
1 May 2003	2.82	3.88	ND
2 May 2003	2.90	3.94	ND
5 May 2003	2.87	3.92	ND
6 May 2003	2.76	3.84	ND
7 May 2003	2.64	3.72	ND
8 May 2003	2.62	3.70	ND
9 May 2003	2.61	3.69	ND
12 May 2003	2.58	3.64	ND
13 May 2003	2.58	3.63	ND
14 May 2003	2.47	3.53	ND
15 May 2003	2.52	3.53	ND
16 May 2003	2.43	3.46	ND
19 May 2003	2.41	3.46	ND
20 May 2003	2.34	3.38	ND
21 May 2003	2.37	3.39	ND
22 May 2003	2.32	3.34	ND
23 May 2003	2.33	3.34	ND
26 May 2003	ND	ND	ND
27 May 2003	2.34	3.41	ND
28 May 2003	2.35	3.44	ND
29 May 2003	2.27	3.34	ND
30 May 2003	2.30	3.37	ND
2 June 2003	2.37	3.43	ND
3 June 2003	2.25	3.34	ND
4 June 2003	2.19	3.30	ND
5 June 2003	2.25	3.34	ND
6 June 2003	2.29	3.37	ND
9 June 2003	2.20	3.29	ND
10 June 2003	2.12	3.20	ND
11 June 2003	2.16	3.21	ND
12 June 2003	2.10	3.18	ND
13 June 2003	2.08	3.13	ND
16 June 2003	2.14	3.18	ND
17 June 2003	2.26	3.27	ND
18 June 2003	2.34	3.37	ND
19 June 2003	2.28	3.35	ND
20 June 2003	2.31	3.40	ND
23 June 2003	2.24	3.32	ND
24 June 2003	2.21	3.29	ND
25 June 2003	2.32	3.38	ND
26 June 2003	2.49	3.55	ND
27 June 2003	2.52	3.58	ND
30 June 2003	2.46	3.54	ND
1 July 2003	2.48	3.56	ND
2 July 2003	2.47	3.56	ND
3 July 2003	2.55	3.67	ND
4 July 2003	ND	ND	ND
7 July 2003	2.63	3.74	ND
8 July 2003	2.65	3.75	ND
9 July 2003	2.63	3.73	ND
10 July 2003	2.59	3.70	ND
11 July 2003	2.52	3.66	ND
14 July 2003	2.60	3.74	ND
15 July 2003	2.81	3.94	ND
16 July 2003	2.87	3.97	ND
17 July 2003	2.88	3.98	ND
18 July 2003	2.93	4.00	ND
21 July 2003	3.10	4.19	ND
22 July 2003	3.07	4.17	ND
23 July 2003	3.04	4.12	ND
24 July 2003	3.08	4.20	ND
25 July 2003	3.10	4.22	ND
28 July 2003	3.21	4.31	ND
29 July 2003	3.33	4.42	ND
30 July 2003	3.27	4.34	ND
31 July 2003	3.38	4.49	ND
1 August 2003	3.37	4.44	ND
4 August 2003	3.24	4.35	ND
5 August 2003	3.37	4.47	ND
6 August 2003	3.25	4.32	ND
7 August 2003	3.19	4.30	ND
8 August 2003	3.17	4.27	ND
11 August 2003	3.26	4.38	ND
12 August 2003	3.23	4.37	ND
13 August 2003	3.43	4.58	ND
14 August 2003	3.42	4.55	ND
15 August 2003	3.42	4.55	ND
18 August 2003	3.37	4.49	ND
19 August 2003	3.27	4.38	ND
20 August 2003	3.35	4.45	ND
21 August 2003	3.51	4.53	ND
22 August 2003	3.47	4.48	ND
25 August 2003	3.52	4.53	ND
26 August 2003	3.50	4.50	ND
27 August 2003	3.55	4.54	ND
28 August 2003	3.42	4.42	ND
29 August 2003	3.46	4.45	ND
1 September 2003	ND	ND	ND
2 September 2003	3.63	4.61	ND
3 September 2003	3.61	4.60	ND
4 September 2003	3.50	4.52	ND
5 September 2003	3.28	4.35	ND
8 September 2003	3.32	4.41	ND
9 September 2003	3.28	4.37	ND
10 September 2003	3.18	4.28	ND
11 September 2003	3.24	4.35	ND
12 September 2003	3.15	4.27	ND
15 September 2003	3.12	4.28	ND
16 September 2003	3.12	4.29	ND
17 September 2003	3.06	4.20	ND
18 September 2003	3.09	4.19	ND
19 September 2003	3.11	4.17	ND
22 September 2003	3.16	4.26	ND
23 September 2003	3.13	4.24	ND
24 September 2003	3.07	4.16	ND
25 September 2003	3.05	4.12	ND
26 September 2003	2.95	4.04	ND
29 September 2003	2.98	4.09	ND
30 September 2003	2.85	3.96	ND
1 October 2003	2.84	3.96	ND
2 October 2003	2.90	4.03	ND
3 October 2003	3.12	4.21	ND
6 October 2003	3.06	4.17	ND
7 October 2003	3.15	4.27	ND
8 October 2003	3.14	4.27	ND
9 October 2003	3.17	4.32	ND
10 October 2003	3.15	4.29	ND
13 October 2003	ND	ND	ND
14 October 2003	3.23	4.37	ND
15 October 2003	3.30	4.43	ND
16 October 2003	3.40	4.47	ND
17 October 2003	3.33	4.41	ND
20 October 2003	3.33	4.41	ND
21 October 2003	3.31	4.38	ND
22 October 2003	3.21	4.29	ND
23 October 2003	3.24	4.34	ND
24 October 2003	3.13	4.24	ND
27 October 2003	3.21	4.30	ND
28 October 2003	3.11	4.23	ND
29 October 2003	3.20	4.31	ND
30 October 2003	3.29	4.36	ND
31 October 2003	3.27	4.33	ND
3 November 2003	3.34	4.40	ND
4 November 2003	3.28	4.33	ND
5 November 2003	3.35	4.38	ND
6 November 2003	3.43	4.45	ND
7 November 2003	3.47	4.48	ND
10 November 2003	3.49	4.49	ND
11 November 2003	ND	ND	ND
12 November 2003	3.45	4.44	ND
13 November 2003	3.29	4.30	ND
14 November 2003	3.19	4.22	ND
17 November 2003	3.14	4.18	ND
18 November 2003	3.14	4.17	ND
19 November 2003	3.22	4.24	ND
20 November 2003	3.14	4.16	ND
21 November 2003	3.15	4.15	ND
24 November 2003	3.24	4.23	ND
25 November 2003	3.20	4.19	ND
26 November 2003	3.27	4.25	ND
27 November 2003	ND	ND	ND
28 November 2003	3.38	4.34	ND
1 December 2003	3.46	4.40	ND
2 December 2003	3.43	4.38	ND
3 December 2003	3.46	4.41	ND
4 December 2003	3.42	4.38	ND
5 December 2003	3.23	4.23	ND
8 December 2003	3.28	4.29	ND
9 December 2003	3.33	4.32	ND
10 December 2003	3.28	4.30	ND
11 December 2003	3.21	4.27	ND
12 December 2003	3.23	4.26	ND
15 December 2003	3.26	4.28	ND
16 December 2003	3.21	4.24	ND
17 December 2003	3.18	4.19	ND
18 December 2003	3.17	4.16	ND
19 December 2003	3.16	4.15	ND
22 December 2003	3.19	4.18	ND
23 December 2003	3.30	4.28	ND
24 December 2003	3.20	4.20	ND
25 December 2003	ND	ND	ND
26 December 2003	3.17	4.17	ND
29 December 2003	3.23	4.24	ND
30 December 2003	3.26	4.29	ND
31 December 2003	3.25	4.27	ND
1 January 2004	ND	ND	ND
2 January 2004	3.36	4.38	ND
5 January 2004	3.39	4.41	ND
6 January 2004	3.26	4.29	ND
7 January 2004	3.25	4.27	ND
8 January 2004	3.24	4.27	ND
9 January 2004	3.05	4.11	ND
12 January 2004	3.04	4.11	ND
13 January 2004	2.98	4.05	ND
14 January 2004	2.96	4.01	ND
15 January 2004	2.97	3.99	ND
16 January 2004	3.03	4.04	ND
19 January 2004	ND	ND	ND
20 January 2004	3.05	4.08	ND
21 January 2004	3.02	4.05	ND
22 January 2004	2.96	3.99	ND
23 January 2004	3.06	4.09	ND
26 January 2004	3.13	4.16	ND
27 January 2004	3.07	4.11	ND
28 January 2004	3.22	4.22	ND
29 January 2004	3.22	4.22	ND
30 January 2004	3.17	4.16	ND
2 February 2004	3.18	4.18	ND
3 February 2004	3.12	4.13	ND
4 February 2004	3.15	4.15	ND
5 February 2004	3.21	4.20	ND
6 February 2004	3.12	4.12	ND
9 February 2004	3.08	4.09	ND
10 February 2004	3.13	4.13	ND
11 February 2004	3.03	4.05	ND
12 February 2004	3.07	4.10	ND
13 February 2004	3.01	4.05	ND
16 February 2004	ND	ND	ND
17 February 2004	3.02	4.05	ND
18 February 2004	3.03	4.05	ND
19 February 2004	3.02	4.05	ND
20 February 2004	3.08	4.10	ND
23 February 2004	3.03	4.05	ND
24 February 2004	3.01	4.04	ND
25 February 2004	2.98	4.02	ND
26 February 2004	3.01	4.05	ND
27 February 2004	3.01	3.99	ND
1 March 2004	2.98	4.00	ND
2 March 2004	3.04	4.05	ND
3 March 2004	3.06	4.07	ND
4 March 2004	3.02	4.04	ND
5 March 2004	2.81	3.85	ND
8 March 2004	2.74	3.78	ND
9 March 2004	2.68	3.73	ND
10 March 2004	2.71	3.74	ND
11 March 2004	2.72	3.74	ND
12 March 2004	2.73	3.78	ND
15 March 2004	2.74	3.78	ND
16 March 2004	2.65	3.70	ND
17 March 2004	2.66	3.71	ND
18 March 2004	2.72	3.76	ND
19 March 2004	2.75	3.80	ND
22 March 2004	2.69	3.74	ND
23 March 2004	2.69	3.73	ND
24 March 2004	2.68	3.73	ND
25 March 2004	2.70	3.75	ND
26 March 2004	2.81	3.85	ND
29 March 2004	2.86	3.91	ND
30 March 2004	2.86	3.91	ND
31 March 2004	2.80	3.86	ND
1 April 2004	2.87	3.91	ND
2 April 2004	3.15	4.15	ND
5 April 2004	3.24	4.24	ND
6 April 2004	3.19	4.19	ND
7 April 2004	3.19	4.19	ND
8 April 2004	3.22	4.21	ND
9 April 2004	ND	ND	ND
12 April 2004	3.26	4.25	ND
13 April 2004	3.37	4.35	ND
14 April 2004	3.44	4.40	ND
15 April 2004	3.45	4.42	ND
16 April 2004	3.39	4.37	ND
19 April 2004	3.42	4.39	ND
20 April 2004	3.45	4.43	ND
21 April 2004	3.52	4.45	ND
22 April 2004	3.46	4.40	ND
23 April 2004	3.58	4.48	ND
26 April 2004	3.57	4.46	ND
27 April 2004	3.52	4.43	ND
28 April 2004	3.60	4.50	ND
29 April 2004	3.66	4.55	ND
30 April 2004	3.63	4.53	ND
3 May 2004	3.63	4.53	ND
4 May 2004	3.66	4.56	ND
5 May 2004	3.71	4.61	ND
6 May 2004	3.72	4.63	ND
7 May 2004	3.96	4.79	ND
10 May 2004	3.95	4.81	ND
11 May 2004	3.94	4.79	ND
12 May 2004	3.96	4.83	ND
13 May 2004	4.01	4.85	ND
14 May 2004	3.92	4.79	ND
17 May 2004	3.83	4.70	ND
18 May 2004	3.87	4.74	ND
19 May 2004	3.93	4.79	ND
20 May 2004	3.86	4.72	ND
21 May 2004	3.91	4.76	ND
24 May 2004	3.90	4.75	ND
25 May 2004	3.89	4.73	ND
26 May 2004	3.81	4.67	ND
27 May 2004	3.74	4.60	ND
28 May 2004	3.81	4.66	ND
31 May 2004	ND	ND	ND
1 June 2004	3.86	4.71	ND
2 June 2004	3.91	4.74	ND
3 June 2004	3.89	4.71	ND
4 June 2004	3.97	4.78	ND
7 June 2004	3.95	4.78	ND
8 June 2004	3.96	4.78	ND
9 June 2004	4.01	4.82	ND
10 June 2004	4.00	4.81	ND
11 June 2004	ND	ND	ND
14 June 2004	4.10	4.89	ND
15 June 2004	3.90	4.69	ND
16 June 2004	3.96	4.74	ND
17 June 2004	3.93	4.71	ND
18 June 2004	3.94	4.72	ND
21 June 2004	3.91	4.70	ND
22 June 2004	3.92	4.72	ND
23 June 2004	3.90	4.71	ND
24 June 2004	3.85	4.66	ND
25 June 2004	3.85	4.66	ND
28 June 2004	3.97	4.76	ND
29 June 2004	3.92	4.70	ND
30 June 2004	3.81	4.62	ND
1 July 2004	3.74	4.57	ND
2 July 2004	3.62	4.48	ND
5 July 2004	ND	ND	ND
6 July 2004	3.65	4.49	ND
7 July 2004	3.67	4.50	ND
8 July 2004	3.65	4.49	ND
9 July 2004	3.64	4.49	ND
12 July 2004	3.62	4.46	ND
13 July 2004	3.66	4.50	ND
14 July 2004	3.68	4.50	ND
15 July 2004	3.69	4.50	ND
16 July 2004	3.56	4.38	ND
19 July 2004	3.57	4.38	ND
20 July 2004	3.68	4.47	ND
21 July 2004	3.72	4.50	ND
22 July 2004	3.71	4.48	ND
23 July 2004	3.69	4.45	ND
26 July 2004	3.73	4.49	ND
27 July 2004	3.85	4.62	ND
28 July 2004	3.82	4.61	ND
29 July 2004	3.80	4.60	ND
30 July 2004	3.71	4.50	ND
2 August 2004	3.68	4.48	ND
3 August 2004	3.67	4.45	ND
4 August 2004	3.66	4.45	ND
5 August 2004	3.64	4.43	ND
6 August 2004	3.40	4.24	ND
9 August 2004	3.45	4.28	ND
10 August 2004	3.52	4.32	ND
11 August 2004	3.51	4.30	ND
12 August 2004	3.47	4.27	ND
13 August 2004	3.42	4.22	ND
16 August 2004	3.45	4.26	ND
17 August 2004	3.39	4.21	ND
18 August 2004	3.41	4.23	ND
19 August 2004	3.39	4.22	ND
20 August 2004	3.42	4.24	ND
23 August 2004	3.46	4.28	ND
24 August 2004	3.46	4.28	ND
25 August 2004	3.46	4.26	ND
26 August 2004	3.42	4.22	ND
27 August 2004	3.43	4.23	ND
30 August 2004	3.40	4.19	ND
31 August 2004	3.33	4.13	ND
1 September 2004	3.32	4.13	ND
2 September 2004	3.40	4.20	ND
3 September 2004	3.52	4.30	ND
6 September 2004	ND	ND	ND
7 September 2004	3.48	4.26	ND
8 September 2004	3.40	4.18	ND
9 September 2004	3.41	4.22	ND
10 September 2004	3.40	4.19	ND
13 September 2004	3.38	4.16	ND
14 September 2004	3.35	4.15	ND
15 September 2004	3.39	4.18	ND
16 September 2004	3.29	4.08	ND
17 September 2004	3.35	4.14	ND
20 September 2004	3.28	4.07	ND
21 September 2004	3.28	4.05	ND
22 September 2004	3.26	4.00	ND
23 September 2004	3.30	4.02	ND
24 September 2004	3.33	4.04	ND
27 September 2004	3.29	4.01	ND
28 September 2004	3.28	4.02	ND
29 September 2004	3.37	4.10	ND
30 September 2004	3.38	4.14	ND
1 October 2004	3.44	4.21	ND
4 October 2004	3.44	4.19	ND
5 October 2004	3.44	4.18	ND
6 October 2004	3.51	4.23	ND
7 October 2004	3.53	4.26	ND
8 October 2004	3.39	4.15	ND
11 October 2004	ND	ND	ND
12 October 2004	3.35	4.12	ND
13 October 2004	3.32	4.09	ND
14 October 2004	3.26	4.03	ND
15 October 2004	3.31	4.07	ND
18 October 2004	3.31	4.07	ND
19 October 2004	3.32	4.07	ND
20 October 2004	3.26	4.01	ND
21 October 2004	3.29	4.01	ND
22 October 2004	3.26	4.00	ND
25 October 2004	3.25	3.99	ND
26 October 2004	3.26	4.01	ND
27 October 2004	3.37	4.11	ND
28 October 2004	3.34	4.09	ND
29 October 2004	3.30	4.05	ND
1 November 2004	3.36	4.11	ND
2 November 2004	3.34	4.10	ND
3 November 2004	3.35	4.09	ND
4 November 2004	3.37	4.10	ND
5 November 2004	3.51	4.21	ND
8 November 2004	3.51	4.22	ND
9 November 2004	3.53	4.22	ND
10 November 2004	3.56	4.25	ND
11 November 2004	ND	ND	ND
12 November 2004	3.53	4.20	ND
15 November 2004	3.53	4.20	ND
16 November 2004	3.56	4.21	ND
17 November 2004	3.47	4.14	ND
18 November 2004	3.48	4.12	ND
19 November 2004	3.57	4.20	ND
22 November 2004	3.56	4.18	ND
23 November 2004	3.58	4.19	ND
24 November 2004	3.61	4.20	ND
25 November 2004	ND	ND	ND
26 November 2004	3.64	4.24	ND
29 November 2004	3.72	4.34	ND
30 November 2004	3.72	4.36	ND
1 December 2004	3.72	4.38	ND
2 December 2004	3.75	4.40	ND
3 December 2004	3.61	4.27	ND
6 December 2004	3.59	4.24	ND
7 December 2004	3.60	4.23	ND
8 December 2004	3.53	4.14	ND
9 December 2004	3.54	4.19	ND
10 December 2004	3.52	4.16	ND
13 December 2004	3.54	4.16	ND
14 December 2004	3.53	4.14	ND
15 December 2004	3.48	4.09	ND
16 December 2004	3.58	4.19	ND
17 December 2004	3.59	4.21	ND
20 December 2004	3.59	4.21	ND
21 December 2004	3.57	4.18	ND
22 December 2004	3.57	4.21	ND
23 December 2004	3.58	4.23	ND
24 December 2004	ND	ND	ND
27 December 2004	3.65	4.30	ND
28 December 2004	3.66	4.31	ND
29 December 2004	3.69	4.33	ND
30 December 2004	3.64	4.27	ND
31 December 2004	3.63	4.24	ND
3 January 2005	3.64	4.23	ND
4 January 2005	3.72	4.29	ND
5 January 2005	3.73	4.29	ND
6 January 2005	3.71	4.29	ND
7 January 2005	3.73	4.29	ND
10 January 2005	3.75	4.29	ND
11 January 2005	3.73	4.26	ND
12 January 2005	3.72	4.25	ND
13 January 2005	3.68	4.20	ND
14 January 2005	3.71	4.23	ND
17 January 2005	ND	ND	ND
18 January 2005	3.72	4.21	ND
19 January 2005	3.73	4.20	ND
20 January 2005	3.68	4.17	ND
21 January 2005	3.65	4.16	ND
24 January 2005	3.65	4.14	ND
25 January 2005	3.71	4.20	ND
26 January 2005	3.73	4.21	ND
27 January 2005	3.75	4.22	ND
28 January 2005	3.69	4.16	ND
31 January 2005	3.71	4.14	ND
1 February 2005	3.71	4.15	ND
2 February 2005	3.73	4.15	ND
3 February 2005	3.76	4.18	ND
4 February 2005	3.68	4.09	ND
7 February 2005	3.67	4.07	ND
8 February 2005	3.68	4.05	ND
9 February 2005	3.58	4.00	ND
10 February 2005	3.65	4.07	ND
11 February 2005	3.70	4.10	ND
14 February 2005	3.70	4.08	ND
15 February 2005	3.71	4.10	ND
16 February 2005	3.78	4.16	ND
17 February 2005	3.78	4.19	ND
18 February 2005	3.86	4.27	ND
21 February 2005	ND	ND	ND
22 February 2005	3.88	4.29	ND
23 February 2005	3.87	4.27	ND
24 February 2005	3.91	4.29	ND
25 February 2005	3.91	4.27	ND
28 February 2005	4.00	4.36	ND
1 March 2005	4.02	4.38	ND
2 March 2005	4.00	4.38	ND
3 March 2005	4.02	4.39	ND
4 March 2005	3.97	4.32	ND
7 March 2005	3.99	4.31	ND
8 March 2005	4.05	4.38	ND
9 March 2005	4.16	4.52	ND
10 March 2005	4.13	4.48	ND
11 March 2005	4.22	4.56	ND
14 March 2005	4.20	4.52	ND
15 March 2005	4.22	4.54	ND
16 March 2005	4.18	4.52	ND
17 March 2005	4.14	4.47	ND
18 March 2005	4.18	4.51	ND
21 March 2005	4.18	4.53	ND
22 March 2005	4.31	4.63	ND
23 March 2005	4.30	4.61	ND
24 March 2005	4.30	4.60	ND
25 March 2005	ND	ND	ND
28 March 2005	4.33	4.64	ND
29 March 2005	4.30	4.60	ND
30 March 2005	4.26	4.56	ND
31 March 2005	4.18	4.50	ND
1 April 2005	4.13	4.46	ND
4 April 2005	4.13	4.47	ND
5 April 2005	4.15	4.48	ND
6 April 2005	4.09	4.44	ND
7 April 2005	4.13	4.49	ND
8 April 2005	4.17	4.50	ND
11 April 2005	4.13	4.45	ND
12 April 2005	4.05	4.38	ND
13 April 2005	4.03	4.38	ND
14 April 2005	3.99	4.37	ND
15 April 2005	3.90	4.27	ND
18 April 2005	3.90	4.27	ND
19 April 2005	3.85	4.21	ND
20 April 2005	3.86	4.22	ND
21 April 2005	3.97	4.32	ND
22 April 2005	3.92	4.26	ND
25 April 2005	3.94	4.26	ND
26 April 2005	3.96	4.28	ND
27 April 2005	3.92	4.25	ND
28 April 2005	3.85	4.19	ND
29 April 2005	3.90	4.21	ND
2 May 2005	3.88	4.21	ND
3 May 2005	3.90	4.21	ND
4 May 2005	3.87	4.20	ND
5 May 2005	3.82	4.19	ND
6 May 2005	3.95	4.28	ND
9 May 2005	3.99	4.29	ND
10 May 2005	3.93	4.23	ND
11 May 2005	3.91	4.21	ND
12 May 2005	3.87	4.18	ND
13 May 2005	3.83	4.12	ND
16 May 2005	3.83	4.13	ND
17 May 2005	3.82	4.12	ND
18 May 2005	3.77	4.07	ND
19 May 2005	3.84	4.11	ND
20 May 2005	3.88	4.13	ND
23 May 2005	3.83	4.07	ND
24 May 2005	3.78	4.04	ND
25 May 2005	3.81	4.08	ND
26 May 2005	3.82	4.08	ND
27 May 2005	3.82	4.08	ND
30 May 2005	ND	ND	ND
31 May 2005	3.76	4.00	ND
1 June 2005	3.63	3.91	ND
2 June 2005	3.65	3.89	ND
3 June 2005	3.73	3.98	ND
6 June 2005	3.73	3.96	ND
7 June 2005	3.70	3.92	ND
8 June 2005	3.73	3.95	ND
9 June 2005	3.76	3.98	ND
10 June 2005	3.84	4.05	ND
13 June 2005	3.87	4.09	ND
14 June 2005	3.89	4.13	ND
15 June 2005	3.90	4.12	ND
16 June 2005	3.87	4.09	ND
17 June 2005	3.88	4.09	ND
20 June 2005	3.88	4.11	ND
21 June 2005	3.84	4.06	ND
22 June 2005	3.72	3.95	ND
23 June 2005	3.74	3.96	ND
24 June 2005	3.69	3.92	ND
27 June 2005	3.69	3.90	ND
28 June 2005	3.76	3.97	ND
29 June 2005	3.77	3.99	ND
30 June 2005	3.72	3.94	ND
1 July 2005	3.84	4.06	ND
4 July 2005	ND	ND	ND
5 July 2005	3.90	4.11	ND
6 July 2005	3.86	4.08	ND
7 July 2005	3.83	4.05	ND
8 July 2005	3.89	4.11	ND
11 July 2005	3.91	4.11	ND
12 July 2005	3.94	4.15	ND
13 July 2005	3.96	4.17	ND
14 July 2005	3.98	4.19	ND
15 July 2005	3.98	4.18	ND
18 July 2005	4.01	4.22	ND
19 July 2005	3.99	4.20	ND
20 July 2005	3.99	4.17	ND
21 July 2005	4.09	4.28	ND
22 July 2005	4.04	4.23	ND
25 July 2005	4.06	4.25	ND
26 July 2005	4.06	4.24	ND
27 July 2005	4.09	4.27	ND
28 July 2005	4.04	4.20	ND
29 July 2005	4.12	4.28	ND
1 August 2005	4.16	4.32	ND
2 August 2005	4.17	4.34	ND
3 August 2005	4.13	4.30	ND
4 August 2005	4.15	4.32	ND
5 August 2005	4.24	4.40	ND
8 August 2005	4.28	4.42	ND
9 August 2005	4.25	4.41	ND
10 August 2005	4.24	4.40	ND
11 August 2005	4.18	4.32	ND
12 August 2005	4.11	4.24	ND
15 August 2005	4.15	4.27	ND
16 August 2005	4.10	4.23	ND
17 August 2005	4.15	4.28	ND
18 August 2005	4.08	4.21	ND
19 August 2005	4.08	4.21	ND
22 August 2005	4.08	4.22	ND
23 August 2005	4.07	4.20	ND
24 August 2005	4.06	4.19	ND
25 August 2005	4.06	4.18	ND
26 August 2005	4.09	4.20	ND
29 August 2005	4.08	4.20	ND
30 August 2005	4.03	4.16	ND
31 August 2005	3.87	4.02	ND
1 September 2005	3.85	4.02	ND
2 September 2005	3.85	4.03	ND
5 September 2005	ND	ND	ND
6 September 2005	3.89	4.09	ND
7 September 2005	3.93	4.15	ND
8 September 2005	3.94	4.15	ND
9 September 2005	3.94	4.14	ND
12 September 2005	3.98	4.18	ND
13 September 2005	3.93	4.14	ND
14 September 2005	3.96	4.17	ND
15 September 2005	3.99	4.22	ND
16 September 2005	4.05	4.26	ND
19 September 2005	4.02	4.25	ND
20 September 2005	4.06	4.26	ND
21 September 2005	4.01	4.19	ND
22 September 2005	3.99	4.19	ND
23 September 2005	4.07	4.25	ND
26 September 2005	4.11	4.30	ND
27 September 2005	4.13	4.30	ND
28 September 2005	4.11	4.26	ND
29 September 2005	4.14	4.29	ND
30 September 2005	4.18	4.34	ND
3 October 2005	4.25	4.39	ND
4 October 2005	4.24	4.38	ND
5 October 2005	4.23	4.36	ND
6 October 2005	4.23	4.37	ND
7 October 2005	4.23	4.35	ND
10 October 2005	ND	ND	ND
11 October 2005	4.27	4.39	ND
12 October 2005	4.32	4.45	ND
13 October 2005	4.32	4.48	ND
14 October 2005	4.34	4.48	ND
17 October 2005	4.36	4.50	ND
18 October 2005	4.34	4.49	ND
19 October 2005	4.32	4.47	ND
20 October 2005	4.33	4.46	ND
21 October 2005	4.26	4.39	ND
24 October 2005	4.32	4.45	ND
25 October 2005	4.41	4.54	ND
26 October 2005	4.46	4.60	ND
27 October 2005	4.43	4.57	ND
28 October 2005	4.46	4.58	ND
31 October 2005	4.45	4.57	ND
1 November 2005	4.47	4.58	ND
2 November 2005	4.50	4.61	ND
3 November 2005	4.55	4.65	ND
4 November 2005	4.56	4.66	ND
7 November 2005	4.55	4.65	ND
8 November 2005	4.49	4.57	ND
9 November 2005	4.55	4.64	ND
10 November 2005	4.49	4.55	ND
11 November 2005	ND	ND	ND
14 November 2005	4.54	4.61	ND
15 November 2005	4.51	4.56	ND
16 November 2005	4.43	4.49	ND
17 November 2005	4.39	4.46	ND
18 November 2005	4.43	4.50	ND
21 November 2005	4.39	4.46	ND
22 November 2005	4.34	4.43	ND
23 November 2005	4.38	4.47	ND
24 November 2005	ND	ND	ND
25 November 2005	4.34	4.43	ND
28 November 2005	4.32	4.41	ND
29 November 2005	4.40	4.48	ND
30 November 2005	4.42	4.49	ND
1 December 2005	4.45	4.52	ND
2 December 2005	4.45	4.52	ND
5 December 2005	4.50	4.57	ND
6 December 2005	4.42	4.49	ND
7 December 2005	4.43	4.52	ND
8 December 2005	4.36	4.47	ND
9 December 2005	4.44	4.54	ND
12 December 2005	4.46	4.56	ND
13 December 2005	4.44	4.54	ND
14 December 2005	4.36	4.45	ND
15 December 2005	4.38	4.47	ND
16 December 2005	4.36	4.45	ND
19 December 2005	4.37	4.45	ND
20 December 2005	4.40	4.47	ND
21 December 2005	4.42	4.49	ND
22 December 2005	4.38	4.44	ND
23 December 2005	4.32	4.38	ND
26 December 2005	ND	ND	ND
27 December 2005	4.30	4.34	ND
28 December 2005	4.32	4.38	ND
29 December 2005	4.33	4.37	ND
30 December 2005	4.35	4.39	ND
2 January 2006	ND	ND	ND
3 January 2006	4.30	4.37	ND
4 January 2006	4.28	4.36	ND
5 January 2006	4.29	4.36	ND
6 January 2006	4.32	4.38	ND
9 January 2006	4.32	4.38	ND
10 January 2006	4.36	4.43	ND
11 January 2006	4.39	4.46	ND
12 January 2006	4.35	4.42	ND
13 January 2006	4.28	4.36	ND
16 January 2006	ND	ND	ND
17 January 2006	4.27	4.34	ND
18 January 2006	4.28	4.34	ND
19 January 2006	4.31	4.38	ND
20 January 2006	4.31	4.37	ND
23 January 2006	4.30	4.36	ND
24 January 2006	4.32	4.40	ND
25 January 2006	4.41	4.49	ND
26 January 2006	4.44	4.53	ND
27 January 2006	4.45	4.52	ND
30 January 2006	4.46	4.54	ND
31 January 2006	4.47	4.53	ND
1 February 2006	4.51	4.57	ND
2 February 2006	4.51	4.57	ND
3 February 2006	4.50	4.54	ND
6 February 2006	4.51	4.55	ND
7 February 2006	4.52	4.57	ND
8 February 2006	4.55	4.56	ND
9 February 2006	4.55	4.54	4.51
10 February 2006	4.59	4.59	4.55
13 February 2006	4.58	4.58	4.56
14 February 2006	4.61	4.62	4.60
15 February 2006	4.60	4.61	4.58
16 February 2006	4.59	4.59	4.57
17 February 2006	4.55	4.54	4.51
20 February 2006	ND	ND	ND
21 February 2006	4.59	4.57	4.53
22 February 2006	4.57	4.53	4.48
23 February 2006	4.63	4.56	4.51
24 February 2006	4.64	4.58	4.52
27 February 2006	4.66	4.59	4.55
28 February 2006	4.61	4.55	4.51
1 March 2006	4.63	4.59	4.56
2 March 2006	4.68	4.64	4.62
3 March 2006	4.71	4.68	4.66
6 March 2006	4.76	4.74	4.72
7 March 2006	4.76	4.74	4.72
8 March 2006	4.75	4.73	4.72
9 March 2006	4.75	4.74	4.72
10 March 2006	4.77	4.76	4.74
13 March 2006	4.78	4.77	4.77
14 March 2006	4.68	4.71	4.71
15 March 2006	4.69	4.73	4.75
16 March 2006	4.60	4.65	4.70
17 March 2006	4.62	4.68	4.72
20 March 2006	4.61	4.66	4.70
21 March 2006	4.68	4.71	4.74
22 March 2006	4.69	4.70	4.73
23 March 2006	4.73	4.73	4.75
24 March 2006	4.66	4.67	4.70
27 March 2006	4.69	4.70	4.73
28 March 2006	4.79	4.79	4.80
29 March 2006	4.79	4.81	4.84
30 March 2006	4.83	4.86	4.89
31 March 2006	4.82	4.86	4.90
3 April 2006	4.85	4.88	4.90
4 April 2006	4.82	4.87	4.91
5 April 2006	4.79	4.84	4.90
6 April 2006	4.84	4.90	4.96
7 April 2006	4.89	4.97	5.04
10 April 2006	4.89	4.97	5.04
11 April 2006	4.86	4.93	5.00
12 April 2006	4.91	4.98	5.05
13 April 2006	4.97	5.05	5.11
14 April 2006	ND	ND	ND
17 April 2006	4.93	5.01	5.08
18 April 2006	4.87	4.99	5.07
19 April 2006	4.91	5.04	5.13
20 April 2006	4.92	5.04	5.14
21 April 2006	4.92	5.01	5.10
24 April 2006	4.90	4.99	5.07
25 April 2006	4.98	5.07	5.16
26 April 2006	5.02	5.12	5.18
27 April 2006	4.95	5.09	5.18
28 April 2006	4.92	5.07	5.17
1 May 2006	4.99	5.14	5.23
2 May 2006	4.98	5.12	5.20
3 May 2006	5.01	5.15	5.24
4 May 2006	5.03	5.16	5.23
5 May 2006	4.99	5.12	5.20
8 May 2006	5.01	5.12	5.19
9 May 2006	5.01	5.13	5.20
10 May 2006	5.03	5.13	5.19
11 May 2006	5.04	5.14	5.23
12 May 2006	5.08	5.19	5.29
15 May 2006	5.04	5.15	5.26
16 May 2006	4.99	5.10	5.22
17 May 2006	5.03	5.16	5.28
18 May 2006	4.96	5.08	5.18
19 May 2006	4.96	5.05	5.14
22 May 2006	4.94	5.04	5.13
23 May 2006	4.98	5.07	5.16
24 May 2006	4.93	5.03	5.13
25 May 2006	4.97	5.07	5.17
26 May 2006	4.95	5.06	5.16
29 May 2006	ND	ND	ND
30 May 2006	4.99	5.09	5.19
31 May 2006	5.04	5.12	5.21
1 June 2006	5.03	5.11	5.20
2 June 2006	4.90	5.00	5.10
5 June 2006	4.95	5.02	5.10
6 June 2006	4.95	5.01	5.08
7 June 2006	4.97	5.02	5.09
8 June 2006	4.95	5.00	5.06
9 June 2006	4.95	4.98	5.03
12 June 2006	4.95	4.99	5.03
13 June 2006	4.93	4.97	5.01
14 June 2006	5.03	5.05	5.09
15 June 2006	5.08	5.10	5.13
16 June 2006	5.10	5.13	5.17
19 June 2006	5.12	5.14	5.18
20 June 2006	5.13	5.15	5.19
21 June 2006	5.14	5.16	5.19
22 June 2006	5.18	5.20	5.23
23 June 2006	5.21	5.23	5.26
26 June 2006	5.22	5.25	5.28
27 June 2006	5.19	5.21	5.24
28 June 2006	5.23	5.25	5.28
29 June 2006	5.17	5.22	5.26
30 June 2006	5.10	5.15	5.19
3 July 2006	5.11	5.15	5.20
4 July 2006	ND	ND	ND
5 July 2006	5.19	5.23	5.27
6 July 2006	5.15	5.19	5.23
7 July 2006	5.10	5.14	5.18
10 July 2006	5.10	5.13	5.17
11 July 2006	5.07	5.10	5.14
12 July 2006	5.08	5.10	5.14
13 July 2006	5.04	5.08	5.12
14 July 2006	5.02	5.07	5.11
17 July 2006	5.04	5.07	5.10
18 July 2006	5.10	5.13	5.16
19 July 2006	5.02	5.06	5.10
20 July 2006	4.98	5.03	5.08
21 July 2006	4.99	5.05	5.10
24 July 2006	4.99	5.05	5.11
25 July 2006	5.02	5.07	5.13
26 July 2006	4.99	5.04	5.10
27 July 2006	4.98	5.07	5.11
28 July 2006	4.92	5.00	5.07
31 July 2006	4.91	4.99	5.07
1 August 2006	4.90	4.99	5.07
2 August 2006	4.88	4.96	5.05
3 August 2006	4.90	4.96	5.04
4 August 2006	4.84	4.91	5.00
7 August 2006	4.86	4.93	5.00
8 August 2006	4.85	4.93	5.02
9 August 2006	4.86	4.92	5.05
10 August 2006	4.86	4.93	5.06
11 August 2006	4.91	4.97	5.09
14 August 2006	4.95	5.00	5.12
15 August 2006	4.88	4.93	5.05
16 August 2006	4.81	4.87	5.00
17 August 2006	4.82	4.87	5.00
18 August 2006	4.78	4.84	4.97
21 August 2006	4.77	4.82	4.96
22 August 2006	4.77	4.82	4.95
23 August 2006	4.77	4.82	4.95
24 August 2006	4.78	4.81	4.94
25 August 2006	4.76	4.79	4.93
28 August 2006	4.77	4.80	4.94
29 August 2006	4.77	4.79	4.93
30 August 2006	4.72	4.76	4.91
31 August 2006	4.70	4.74	4.88
1 September 2006	4.68	4.73	4.87
4 September 2006	ND	ND	ND
5 September 2006	4.73	4.78	4.93
6 September 2006	4.75	4.80	4.95
7 September 2006	4.74	4.80	4.94
8 September 2006	4.71	4.78	4.92
11 September 2006	4.74	4.80	4.95
12 September 2006	4.71	4.78	4.91
13 September 2006	4.70	4.77	4.90
14 September 2006	4.74	4.79	4.92
15 September 2006	4.76	4.80	4.92
18 September 2006	4.77	4.81	4.93
19 September 2006	4.69	4.74	4.86
20 September 2006	4.70	4.73	4.85
21 September 2006	4.60	4.65	4.78
22 September 2006	4.55	4.60	4.74
25 September 2006	4.51	4.56	4.70
26 September 2006	4.55	4.59	4.71
27 September 2006	4.56	4.60	4.73
28 September 2006	4.57	4.63	4.76
29 September 2006	4.59	4.64	4.77
2 October 2006	4.56	4.62	4.76
3 October 2006	4.56	4.62	4.76
4 October 2006	4.50	4.57	4.72
5 October 2006	4.55	4.61	4.76
6 October 2006	4.64	4.70	4.84
9 October 2006	ND	ND	ND
10 October 2006	4.71	4.75	4.88
11 October 2006	4.75	4.78	4.91
12 October 2006	4.74	4.79	4.91
13 October 2006	4.77	4.81	4.94
16 October 2006	4.76	4.79	4.92
17 October 2006	4.73	4.78	4.91
18 October 2006	4.74	4.77	4.89
19 October 2006	4.75	4.79	4.91
20 October 2006	4.76	4.79	4.91
23 October 2006	4.80	4.83	4.95
24 October 2006	4.81	4.83	4.95
25 October 2006	4.75	4.78	4.89
26 October 2006	4.69	4.73	4.84
27 October 2006	4.64	4.68	4.80
30 October 2006	4.64	4.68	4.78
31 October 2006	4.57	4.61	4.72
1 November 2006	4.52	4.57	4.68
2 November 2006	4.55	4.60	4.72
3 November 2006	4.70	4.72	4.81
6 November 2006	4.69	4.71	4.79
7 November 2006	4.63	4.66	4.76
8 November 2006	4.61	4.64	4.73
9 November 2006	4.60	4.62	4.73
10 November 2006	4.57	4.59	4.69
13 November 2006	4.60	4.61	4.71
14 November 2006	4.57	4.57	4.66
15 November 2006	4.62	4.61	4.69
16 November 2006	4.67	4.66	4.74
17 November 2006	4.60	4.61	4.69
20 November 2006	4.60	4.60	4.68
21 November 2006	4.58	4.58	4.66
22 November 2006	4.57	4.57	4.65
23 November 2006	ND	ND	ND
24 November 2006	4.55	4.55	4.63
27 November 2006	4.54	4.54	4.62
28 November 2006	4.50	4.51	4.59
29 November 2006	4.51	4.52	4.61
30 November 2006	4.45	4.46	4.56
1 December 2006	4.39	4.43	4.54
4 December 2006	4.39	4.43	4.55
5 December 2006	4.39	4.45	4.57
6 December 2006	4.44	4.48	4.60
7 December 2006	4.45	4.49	4.60
8 December 2006	4.53	4.56	4.66
11 December 2006	4.50	4.52	4.63
12 December 2006	4.45	4.49	4.60
13 December 2006	4.54	4.58	4.69
14 December 2006	4.58	4.60	4.72
15 December 2006	4.57	4.60	4.72
18 December 2006	4.57	4.60	4.72
19 December 2006	4.57	4.60	4.73
20 December 2006	4.57	4.60	4.73
21 December 2006	4.52	4.55	4.70
22 December 2006	4.59	4.63	4.76
25 December 2006	ND	ND	ND
26 December 2006	4.58	4.61	4.73
27 December 2006	4.64	4.66	4.78
28 December 2006	4.69	4.70	4.81
29 December 2006	4.70	4.71	4.81
1 January 2007	ND	ND	ND
2 January 2007	4.68	4.68	4.79
3 January 2007	4.66	4.67	4.77
4 January 2007	4.61	4.62	4.72
5 January 2007	4.65	4.65	4.74
8 January 2007	4.66	4.66	4.74
9 January 2007	4.65	4.66	4.74
10 January 2007	4.68	4.69	4.77
11 January 2007	4.73	4.74	4.82
12 January 2007	4.76	4.77	4.86
15 January 2007	ND	ND	ND
16 January 2007	4.74	4.75	4.85
17 January 2007	4.78	4.79	4.88
18 January 2007	4.75	4.75	4.85
19 January 2007	4.78	4.78	4.87
22 January 2007	4.77	4.76	4.84
23 January 2007	4.81	4.81	4.90
24 January 2007	4.81	4.81	4.91
25 January 2007	4.85	4.87	4.96
26 January 2007	4.87	4.88	4.98
29 January 2007	4.89	4.90	4.99
30 January 2007	4.86	4.88	4.98
31 January 2007	4.82	4.83	4.93
1 February 2007	4.84	4.84	4.93
2 February 2007	4.82	4.83	4.93
5 February 2007	4.80	4.81	4.91
6 February 2007	4.76	4.77	4.87
7 February 2007	4.74	4.74	4.86
8 February 2007	4.73	4.73	4.81
9 February 2007	4.78	4.79	4.87
12 February 2007	4.80	4.80	4.88
13 February 2007	4.81	4.82	4.90
14 February 2007	4.72	4.74	4.83
15 February 2007	4.68	4.70	4.81
16 February 2007	4.68	4.69	4.79
19 February 2007	ND	ND	ND
20 February 2007	4.67	4.68	4.78
21 February 2007	4.68	4.69	4.79
22 February 2007	4.72	4.73	4.83
23 February 2007	4.67	4.68	4.79
26 February 2007	4.62	4.63	4.73
27 February 2007	4.46	4.50	4.62
28 February 2007	4.52	4.56	4.68
1 March 2007	4.50	4.56	4.68
2 March 2007	4.46	4.52	4.65
5 March 2007	4.45	4.51	4.64
6 March 2007	4.48	4.53	4.66
7 March 2007	4.45	4.50	4.64
8 March 2007	4.45	4.51	4.65
9 March 2007	4.55	4.59	4.72
12 March 2007	4.50	4.56	4.69
13 March 2007	4.41	4.50	4.66
14 March 2007	4.44	4.53	4.69
15 March 2007	4.46	4.54	4.69
16 March 2007	4.47	4.55	4.70
19 March 2007	4.50	4.58	4.72
20 March 2007	4.47	4.56	4.71
21 March 2007	4.43	4.53	4.70
22 March 2007	4.49	4.60	4.78
23 March 2007	4.52	4.62	4.80
26 March 2007	4.48	4.60	4.79
27 March 2007	4.50	4.62	4.81
28 March 2007	4.50	4.62	4.83
29 March 2007	4.53	4.64	4.83
30 March 2007	4.54	4.65	4.84
2 April 2007	4.54	4.65	4.84
3 April 2007	4.56	4.67	4.85
4 April 2007	4.55	4.66	4.85
5 April 2007	4.57	4.68	4.87
6 April 2007	4.67	4.76	4.92
9 April 2007	4.66	4.75	4.92
10 April 2007	4.63	4.73	4.91
11 April 2007	4.66	4.74	4.92
12 April 2007	4.66	4.74	4.91
13 April 2007	4.68	4.76	4.93
16 April 2007	4.67	4.74	4.89
17 April 2007	4.61	4.69	4.85
18 April 2007	4.56	4.66	4.81
19 April 2007	4.57	4.68	4.84
20 April 2007	4.57	4.68	4.85
23 April 2007	4.55	4.66	4.83
24 April 2007	4.51	4.63	4.80
25 April 2007	4.55	4.66	4.83
26 April 2007	4.59	4.69	4.87
27 April 2007	4.59	4.71	4.89
30 April 2007	4.51	4.63	4.81
1 May 2007	4.54	4.64	4.81
2 May 2007	4.55	4.65	4.82
3 May 2007	4.59	4.68	4.84
4 May 2007	4.55	4.65	4.80
7 May 2007	4.55	4.64	4.79
8 May 2007	4.54	4.63	4.80
9 May 2007	4.58	4.67	4.83
10 May 2007	4.56	4.65	4.83
11 May 2007	4.58	4.67	4.85
14 May 2007	4.61	4.69	4.86
15 May 2007	4.63	4.71	4.88
16 May 2007	4.62	4.71	4.88
17 May 2007	4.68	4.76	4.91
18 May 2007	4.74	4.81	4.96
21 May 2007	4.71	4.79	4.94
22 May 2007	4.76	4.83	4.98
23 May 2007	4.79	4.86	5.01
24 May 2007	4.79	4.86	5.00
25 May 2007	4.80	4.86	5.01
28 May 2007	ND	ND	ND
29 May 2007	4.82	4.88	5.01
30 May 2007	4.83	4.88	5.01
31 May 2007	4.86	4.90	5.01
1 June 2007	4.92	4.95	5.06
4 June 2007	4.91	4.93	5.02
5 June 2007	4.96	4.98	5.07
6 June 2007	4.94	4.97	5.08
7 June 2007	5.05	5.11	5.20
8 June 2007	5.06	5.12	5.22
11 June 2007	5.07	5.14	5.24
12 June 2007	5.18	5.26	5.35
13 June 2007	5.13	5.20	5.28
14 June 2007	5.16	5.23	5.30
15 June 2007	5.10	5.16	5.26
18 June 2007	5.07	5.15	5.26
19 June 2007	5.00	5.09	5.20
20 June 2007	5.05	5.14	5.24
21 June 2007	5.06	5.16	5.28
22 June 2007	5.02	5.14	5.25
25 June 2007	4.97	5.09	5.20
26 June 2007	4.99	5.10	5.22
27 June 2007	4.97	5.09	5.20
28 June 2007	5.02	5.12	5.22
29 June 2007	4.92	5.03	5.12
2 July 2007	4.90	5.00	5.09
3 July 2007	4.95	5.05	5.14
4 July 2007	ND	ND	ND
5 July 2007	5.05	5.16	5.24
6 July 2007	5.10	5.19	5.28
9 July 2007	5.07	5.16	5.25
10 July 2007	4.93	5.03	5.14
11 July 2007	4.98	5.09	5.18
12 July 2007	5.03	5.13	5.22
13 July 2007	5.01	5.11	5.19
16 July 2007	4.95	5.05	5.14
17 July 2007	4.98	5.08	5.16
18 July 2007	4.91	5.02	5.10
19 July 2007	4.94	5.04	5.12
20 July 2007	4.85	4.96	5.07
23 July 2007	4.86	4.97	5.07
24 July 2007	4.82	4.94	5.05
25 July 2007	4.80	4.92	5.04
26 July 2007	4.61	4.79	4.95
27 July 2007	4.60	4.80	4.95
30 July 2007	4.64	4.82	4.97
31 July 2007	4.60	4.78	4.92
1 August 2007	4.60	4.76	4.90
2 August 2007	4.62	4.77	4.91
3 August 2007	4.52	4.71	4.87
6 August 2007	4.52	4.72	4.89
7 August 2007	4.60	4.77	4.92
8 August 2007	4.69	4.84	5.01
9 August 2007	4.58	4.79	5.02
10 August 2007	4.59	4.81	5.03
13 August 2007	4.57	4.78	5.01
14 August 2007	4.51	4.73	4.99
15 August 2007	4.41	4.69	5.00
16 August 2007	4.26	4.60	4.92
17 August 2007	4.35	4.68	5.00
20 August 2007	4.32	4.64	4.98
21 August 2007	4.27	4.60	4.95
22 August 2007	4.34	4.63	4.96
23 August 2007	4.36	4.62	4.93
24 August 2007	4.42	4.63	4.88
27 August 2007	4.39	4.60	4.87
28 August 2007	4.25	4.53	4.86
29 August 2007	4.31	4.57	4.88
30 August 2007	4.21	4.51	4.83
31 August 2007	4.25	4.54	4.83
3 September 2007	ND	ND	ND
4 September 2007	4.26	4.56	4.84
5 September 2007	4.16	4.48	4.78
6 September 2007	4.20	4.51	4.79
7 September 2007	4.03	4.38	4.70
10 September 2007	4.00	4.34	4.65
11 September 2007	4.07	4.37	4.65
12 September 2007	4.11	4.41	4.68
13 September 2007	4.22	4.49	4.75
14 September 2007	4.18	4.47	4.72
17 September 2007	4.21	4.48	4.72
18 September 2007	4.19	4.50	4.77
19 September 2007	4.20	4.53	4.83
20 September 2007	4.35	4.69	4.96
21 September 2007	4.31	4.64	4.89
24 September 2007	4.31	4.63	4.88
25 September 2007	4.26	4.63	4.89
26 September 2007	4.27	4.63	4.90
27 September 2007	4.22	4.58	4.84
28 September 2007	4.23	4.59	4.83
1 October 2007	4.24	4.56	4.79
2 October 2007	4.20	4.54	4.77
3 October 2007	4.24	4.55	4.79
4 October 2007	4.22	4.54	4.77
5 October 2007	4.33	4.65	4.87
8 October 2007	ND	ND	ND
9 October 2007	4.38	4.67	4.87
10 October 2007	4.37	4.65	4.86
11 October 2007	4.36	4.66	4.87
12 October 2007	4.42	4.70	4.91
15 October 2007	4.40	4.69	4.91
16 October 2007	4.34	4.66	4.90
17 October 2007	4.22	4.57	4.82
18 October 2007	4.17	4.52	4.78
19 October 2007	4.03	4.41	4.68
22 October 2007	4.08	4.42	4.68
23 October 2007	4.06	4.41	4.69
24 October 2007	3.99	4.36	4.64
25 October 2007	4.01	4.37	4.66
26 October 2007	4.04	4.41	4.68
29 October 2007	4.04	4.39	4.66
30 October 2007	4.06	4.40	4.68
31 October 2007	4.16	4.48	4.74
1 November 2007	4.02	4.36	4.64
2 November 2007	3.93	4.31	4.61
5 November 2007	3.96	4.35	4.63
6 November 2007	3.99	4.38	4.66
7 November 2007	3.92	4.34	4.67
8 November 2007	3.81	4.28	4.67
9 November 2007	3.77	4.23	4.61
12 November 2007	ND	ND	ND
13 November 2007	3.84	4.26	4.61
14 November 2007	3.86	4.28	4.61
15 November 2007	3.71	4.17	4.54
16 November 2007	3.68	4.15	4.52
19 November 2007	3.57	4.07	4.47
20 November 2007	3.52	4.06	4.49
21 November 2007	3.40	4.00	4.46
22 November 2007	ND	ND	ND
23 November 2007	3.42	4.01	4.43
26 November 2007	3.23	3.83	4.26
27 November 2007	3.38	3.95	4.36
28 November 2007	3.50	4.03	4.41
29 November 2007	3.42	3.94	4.35
30 November 2007	3.41	3.97	4.40
3 December 2007	3.28	3.89	4.34
4 December 2007	3.28	3.89	4.34
5 December 2007	3.28	3.92	4.39
6 December 2007	3.39	4.02	4.49
7 December 2007	3.51	4.12	4.58
10 December 2007	3.54	4.15	4.60
11 December 2007	3.32	3.98	4.47
12 December 2007	3.41	4.05	4.51
13 December 2007	3.54	4.18	4.61
14 December 2007	3.63	4.24	4.66
17 December 2007	3.57	4.20	4.62
18 December 2007	3.53	4.14	4.55
19 December 2007	3.46	4.06	4.47
20 December 2007	3.45	4.04	4.46
21 December 2007	3.58	4.18	4.58
24 December 2007	3.65	4.23	4.62
25 December 2007	ND	ND	ND
26 December 2007	3.72	4.30	4.68
27 December 2007	3.64	4.21	4.61
28 December 2007	3.52	4.11	4.51
31 December 2007	3.45	4.04	4.45
1 January 2008	ND	ND	ND
2 January 2008	3.28	3.91	4.35
3 January 2008	3.26	3.91	4.37
4 January 2008	3.18	3.88	4.36
7 January 2008	3.16	3.86	4.34
8 January 2008	3.16	3.86	4.35
9 January 2008	3.10	3.82	4.32
10 January 2008	3.16	3.91	4.44
11 January 2008	3.06	3.82	4.39
14 January 2008	3.08	3.81	4.37
15 January 2008	3.00	3.72	4.28
16 January 2008	3.00	3.74	4.32
17 January 2008	2.90	3.66	4.25
18 January 2008	2.86	3.66	4.28
21 January 2008	ND	ND	ND
22 January 2008	2.64	3.52	4.23
23 January 2008	2.64	3.51	4.23
24 January 2008	2.85	3.68	4.36
25 January 2008	2.81	3.61	4.28
28 January 2008	2.80	3.61	4.29
29 January 2008	2.87	3.69	4.34
30 January 2008	2.96	3.78	4.44
31 January 2008	2.82	3.67	4.35
1 February 2008	2.75	3.62	4.32
4 February 2008	2.78	3.68	4.37
5 February 2008	2.66	3.61	4.33
6 February 2008	2.67	3.61	4.37
7 February 2008	2.79	3.74	4.51
8 February 2008	2.69	3.64	4.43
11 February 2008	2.67	3.62	4.41
12 February 2008	2.71	3.66	4.46
13 February 2008	2.71	3.70	4.52
14 February 2008	2.81	3.85	4.67
15 February 2008	2.76	3.76	4.58
18 February 2008	ND	ND	ND
19 February 2008	2.93	3.89	4.66
20 February 2008	3.02	3.93	4.65
21 February 2008	2.80	3.77	4.54
22 February 2008	2.81	3.79	4.58
25 February 2008	2.98	3.91	4.67
26 February 2008	2.92	3.88	4.66
27 February 2008	2.89	3.85	4.65
28 February 2008	2.73	3.71	4.55
29 February 2008	2.50	3.53	4.41
3 March 2008	2.48	3.54	4.42
4 March 2008	2.53	3.63	4.52
5 March 2008	2.59	3.70	4.60
6 March 2008	2.50	3.62	4.57
7 March 2008	2.45	3.56	4.55
10 March 2008	2.37	3.46	4.45
11 March 2008	2.61	3.60	4.53
12 March 2008	2.49	3.49	4.40
13 March 2008	2.53	3.56	4.47
14 March 2008	2.37	3.44	4.35
17 March 2008	2.23	3.34	4.29
18 March 2008	2.42	3.48	4.35
19 March 2008	2.36	3.38	4.22
20 March 2008	2.36	3.34	4.17
21 March 2008	ND	ND	ND
24 March 2008	2.64	3.56	4.33
25 March 2008	2.61	3.51	4.30
26 March 2008	2.55	3.51	4.33
27 March 2008	2.61	3.56	4.38
28 March 2008	2.51	3.47	4.33
31 March 2008	2.46	3.45	4.30
1 April 2008	2.65	3.57	4.40
2 April 2008	2.72	3.60	4.38
3 April 2008	2.75	3.61	4.40
4 April 2008	2.63	3.50	4.32
7 April 2008	2.75	3.57	4.36
8 April 2008	2.72	3.58	4.37
9 April 2008	2.59	3.49	4.31
10 April 2008	2.66	3.55	4.34
11 April 2008	2.57	3.49	4.30
14 April 2008	2.60	3.53	4.35
15 April 2008	2.68	3.60	4.42
16 April 2008	2.82	3.72	4.54
17 April 2008	2.90	3.75	4.54
18 April 2008	2.95	3.77	4.51
21 April 2008	2.95	3.75	4.48
22 April 2008	2.96	3.74	4.46
23 April 2008	2.98	3.77	4.49
24 April 2008	3.15	3.87	4.56
25 April 2008	3.20	3.91	4.61
28 April 2008	3.14	3.86	4.57
29 April 2008	3.11	3.85	4.55
30 April 2008	3.03	3.77	4.49
1 May 2008	3.06	3.78	4.49
2 May 2008	3.18	3.89	4.57
5 May 2008	3.14	3.88	4.58
6 May 2008	3.15	3.93	4.64
7 May 2008	3.09	3.87	4.61
8 May 2008	2.99	3.79	4.50
9 May 2008	2.98	3.77	4.53
12 May 2008	3.00	3.78	4.53
13 May 2008	3.17	3.90	4.62
14 May 2008	3.22	3.92	4.63
15 May 2008	3.10	3.83	4.56
16 May 2008	3.12	3.85	4.58
19 May 2008	3.09	3.83	4.56
20 May 2008	3.02	3.78	4.53
21 May 2008	3.09	3.81	4.55
22 May 2008	3.24	3.92	4.63
23 May 2008	3.15	3.85	4.57
26 May 2008	ND	ND	ND
27 May 2008	3.25	3.93	4.65
28 May 2008	3.36	4.03	4.71
29 May 2008	3.41	4.08	4.76
30 May 2008	3.41	4.06	4.72
2 June 2008	3.28	3.98	4.68
3 June 2008	3.21	3.92	4.63
4 June 2008	3.26	3.98	4.71
5 June 2008	3.34	4.06	4.75
6 June 2008	3.20	3.94	4.65
9 June 2008	3.41	4.02	4.64
10 June 2008	3.54	4.11	4.70
11 June 2008	3.49	4.10	4.72
12 June 2008	3.68	4.23	4.77
13 June 2008	3.73	4.27	4.79
16 June 2008	3.73	4.25	4.77
17 June 2008	3.66	4.23	4.78
18 June 2008	3.57	4.16	4.72
19 June 2008	3.67	4.22	4.76
20 June 2008	3.57	4.16	4.71
23 June 2008	3.65	4.19	4.71
24 June 2008	3.52	4.10	4.65
25 June 2008	3.54	4.12	4.65
26 June 2008	3.44	4.07	4.62
27 June 2008	3.36	3.99	4.53
30 June 2008	3.34	3.99	4.53
1 July 2008	3.33	4.01	4.55
2 July 2008	3.31	3.99	4.51
3 July 2008	3.28	3.99	4.53
4 July 2008	ND	ND	ND
7 July 2008	3.23	3.95	4.51
8 July 2008	3.19	3.91	4.46
9 July 2008	3.11	3.85	4.42
10 July 2008	3.10	3.83	4.42
11 July 2008	3.27	3.96	4.52
14 July 2008	3.20	3.90	4.47
15 July 2008	3.12	3.87	4.48
16 July 2008	3.20	3.97	4.59
17 July 2008	3.35	4.07	4.65
18 July 2008	3.42	4.11	4.66
21 July 2008	3.41	4.09	4.64
22 July 2008	3.48	4.14	4.67
23 July 2008	3.51	4.16	4.69
24 July 2008	3.37	4.03	4.60
25 July 2008	3.45	4.13	4.69
28 July 2008	3.34	4.06	4.63
29 July 2008	3.39	4.09	4.64
30 July 2008	3.36	4.07	4.64
31 July 2008	3.25	3.99	4.59
1 August 2008	3.23	3.97	4.57
4 August 2008	3.23	3.98	4.58
5 August 2008	3.28	4.04	4.63
6 August 2008	3.30	4.06	4.68
7 August 2008	3.16	3.92	4.56
8 August 2008	3.21	3.94	4.55
11 August 2008	3.27	3.99	4.61
12 August 2008	3.16	3.91	4.55
13 August 2008	3.21	3.94	4.57
14 August 2008	3.15	3.89	4.52
15 August 2008	3.11	3.84	4.47
18 August 2008	3.07	3.82	4.44
19 August 2008	3.07	3.83	4.47
20 August 2008	3.00	3.79	4.43
21 August 2008	3.08	3.84	4.46
22 August 2008	3.14	3.87	4.46
25 August 2008	3.04	3.79	4.40
26 August 2008	3.06	3.79	4.40
27 August 2008	3.02	3.77	4.38
28 August 2008	3.09	3.79	4.38
29 August 2008	3.10	3.83	4.43
1 September 2008	ND	ND	ND
2 September 2008	3.00	3.74	4.36
3 September 2008	2.95	3.71	4.32
4 September 2008	2.87	3.64	4.27
5 September 2008	2.91	3.66	4.27
8 September 2008	2.96	3.66	4.26
9 September 2008	2.90	3.62	4.20
10 September 2008	2.91	3.65	4.23
11 September 2008	2.87	3.64	4.20
12 September 2008	2.97	3.74	4.32
15 September 2008	2.59	3.47	4.12
16 September 2008	2.64	3.48	4.08
17 September 2008	2.52	3.41	4.08
18 September 2008	2.67	3.54	4.14
19 September 2008	3.01	3.78	4.36
22 September 2008	3.04	3.83	4.41
23 September 2008	3.03	3.85	4.43
24 September 2008	2.91	3.80	4.40
25 September 2008	3.09	3.88	4.40
26 September 2008	3.05	3.85	4.36
29 September 2008	2.70	3.61	4.13
30 September 2008	2.98	3.85	4.31
1 October 2008	2.87	3.77	4.22
2 October 2008	2.68	3.66	4.16
3 October 2008	2.64	3.63	4.11
6 October 2008	2.45	3.48	3.99
7 October 2008	2.45	3.50	4.01
8 October 2008	2.70	3.72	4.09
9 October 2008	2.79	3.84	4.14
10 October 2008	2.77	3.89	4.15
13 October 2008	ND	ND	ND
14 October 2008	3.01	4.08	4.27
15 October 2008	2.90	4.04	4.25
16 October 2008	2.84	3.99	4.25
17 October 2008	2.83	3.98	4.32
20 October 2008	2.82	3.91	4.26
21 October 2008	2.63	3.76	4.20
22 October 2008	2.56	3.65	4.07
23 October 2008	2.57	3.63	3.99
24 October 2008	2.64	3.76	4.11
27 October 2008	2.67	3.79	4.12
28 October 2008	2.75	3.89	4.19
29 October 2008	2.77	3.93	4.26
30 October 2008	2.84	4.00	4.30
31 October 2008	2.80	4.01	4.35
3 November 2008	2.71	3.96	4.33
4 November 2008	2.56	3.81	4.20
5 November 2008	2.50	3.73	4.13
6 November 2008	2.46	3.75	4.19
7 November 2008	2.56	3.83	4.25
10 November 2008	2.51	3.82	4.21
11 November 2008	ND	ND	ND
12 November 2008	2.37	3.75	4.17
13 November 2008	2.43	3.84	4.34
14 November 2008	2.33	3.72	4.22
17 November 2008	2.32	3.68	4.20
18 November 2008	2.22	3.53	4.14
19 November 2008	2.08	3.38	3.96
20 November 2008	1.94	3.10	3.64
21 November 2008	2.02	3.20	3.70
24 November 2008	2.24	3.35	3.78
25 November 2008	2.06	3.11	3.63
26 November 2008	2.01	2.99	3.54
27 November 2008	ND	ND	ND
28 November 2008	1.93	2.93	3.45
1 December 2008	1.71	2.72	3.22
2 December 2008	1.65	2.68	3.18
3 December 2008	1.60	2.67	3.17
4 December 2008	1.51	2.55	3.06
5 December 2008	1.67	2.67	3.11
8 December 2008	1.76	2.77	3.16
9 December 2008	1.61	2.67	3.06
10 December 2008	1.62	2.69	3.09
11 December 2008	1.55	2.64	3.07
12 December 2008	1.55	2.60	3.07
15 December 2008	1.50	2.53	2.98
16 December 2008	1.34	2.37	2.86
17 December 2008	1.35	2.20	2.66
18 December 2008	1.26	2.08	2.53
19 December 2008	1.35	2.13	2.55
22 December 2008	1.40	2.16	2.60
23 December 2008	1.53	2.18	2.63
24 December 2008	1.54	2.20	2.63
25 December 2008	ND	ND	ND
26 December 2008	1.51	2.16	2.61
29 December 2008	1.45	2.13	2.63
30 December 2008	1.47	2.11	2.58
31 December 2008	1.55	2.25	2.69
1 January 2009	ND	ND	ND
2 January 2009	1.72	2.46	2.83
5 January 2009	1.67	2.49	3.00
6 January 2009	1.68	2.51	3.04
7 January 2009	1.66	2.52	3.05
8 January 2009	1.60	2.47	3.04
9 January 2009	1.51	2.43	3.04
12 January 2009	1.45	2.34	2.99
13 January 2009	1.44	2.33	3.00
14 January 2009	1.36	2.24	2.89
15 January 2009	1.36	2.23	2.86
16 January 2009	1.47	2.36	2.89
19 January 2009	ND	ND	ND
20 January 2009	1.48	2.40	2.97
21 January 2009	1.60	2.56	3.15
22 January 2009	1.61	2.62	3.25
23 January 2009	1.64	2.65	3.32
26 January 2009	1.67	2.70	3.39
27 January 2009	1.59	2.59	3.26
28 January 2009	1.70	2.71	3.44
29 January 2009	1.87	2.87	3.57
30 January 2009	1.85	2.87	3.58
2 February 2009	1.75	2.76	3.47
3 February 2009	1.88	2.89	3.64
4 February 2009	1.91	2.95	3.65
5 February 2009	1.89	2.95	3.63
6 February 2009	1.97	3.05	3.70
9 February 2009	1.99	3.07	3.69
10 February 2009	1.79	2.90	3.54
11 February 2009	1.76	2.78	3.45
12 February 2009	1.73	2.75	3.47
13 February 2009	1.88	2.89	3.68
16 February 2009	ND	ND	ND
17 February 2009	1.65	2.64	3.47
18 February 2009	1.81	2.74	3.54
19 February 2009	1.89	2.85	3.68
20 February 2009	1.81	2.78	3.56
23 February 2009	1.84	2.78	3.53
24 February 2009	1.89	2.80	3.49
25 February 2009	2.06	2.95	3.59
26 February 2009	2.07	2.98	3.66
27 February 2009	1.99	3.02	3.71
2 March 2009	1.86	2.91	3.64
3 March 2009	1.87	2.93	3.67
4 March 2009	1.97	3.01	3.69
5 March 2009	1.82	2.83	3.51
6 March 2009	1.83	2.83	3.50
9 March 2009	1.90	2.89	3.59
10 March 2009	1.99	2.99	3.70
11 March 2009	1.96	2.95	3.67
12 March 2009	1.92	2.89	3.63
13 March 2009	1.87	2.89	3.66
16 March 2009	1.91	2.97	3.76
17 March 2009	2.00	3.02	3.83
18 March 2009	1.54	2.51	3.57
19 March 2009	1.64	2.61	3.62
20 March 2009	1.66	2.65	3.65
23 March 2009	1.69	2.68	3.69
24 March 2009	1.70	2.68	3.60
25 March 2009	1.84	2.81	3.73
26 March 2009	1.80	2.76	3.66
27 March 2009	1.79	2.78	3.62
30 March 2009	1.72	2.73	3.60
31 March 2009	1.67	2.71	3.56
1 April 2009	1.65	2.68	3.51
2 April 2009	1.74	2.77	3.57
3 April 2009	1.87	2.91	3.70
6 April 2009	1.90	2.95	3.73
7 April 2009	1.87	2.93	3.72
8 April 2009	1.83	2.86	3.66
9 April 2009	1.90	2.96	3.76
10 April 2009	ND	ND	ND
13 April 2009	1.81	2.88	3.69
14 April 2009	1.71	2.80	3.64
15 April 2009	1.71	2.82	3.66
16 April 2009	1.79	2.86	3.72
17 April 2009	1.91	2.98	3.79
20 April 2009	1.82	2.88	3.69
21 April 2009	1.87	2.94	3.74
22 April 2009	1.92	2.98	3.82
23 April 2009	1.89	2.96	3.80
24 April 2009	1.96	3.03	3.89
27 April 2009	1.87	2.95	3.84
28 April 2009	1.97	3.05	3.97
29 April 2009	2.01	3.12	4.01
30 April 2009	2.02	3.16	4.05
1 May 2009	2.03	3.21	4.09
4 May 2009	2.03	3.19	4.06
5 May 2009	2.05	3.20	4.06
6 May 2009	2.06	3.18	4.09
7 May 2009	2.15	3.29	4.25
8 May 2009	2.15	3.29	4.28
11 May 2009	2.04	3.17	4.18
12 May 2009	2.02	3.17	4.16
13 May 2009	1.98	3.11	4.09
14 May 2009	1.98	3.10	4.06
15 May 2009	2.01	3.14	4.09
18 May 2009	2.09	3.22	4.18
19 May 2009	2.12	3.25	4.21
20 May 2009	2.05	3.19	4.14
21 May 2009	2.16	3.35	4.30
22 May 2009	2.23	3.45	4.38
25 May 2009	ND	ND	ND
26 May 2009	2.30	3.50	4.45
27 May 2009	2.43	3.71	4.59
28 May 2009	2.46	3.67	4.54
29 May 2009	2.34	3.47	4.34
1 June 2009	2.55	3.71	4.55
2 June 2009	2.52	3.65	4.50
3 June 2009	2.43	3.56	4.45
4 June 2009	2.56	3.72	4.58
5 June 2009	2.85	3.84	4.63
8 June 2009	2.95	3.91	4.65
9 June 2009	2.86	3.86	4.64
10 June 2009	2.93	3.98	4.76
11 June 2009	2.87	3.88	4.69
12 June 2009	2.81	3.81	4.65
15 June 2009	2.75	3.76	4.61
16 June 2009	2.70	3.67	4.48
17 June 2009	2.69	3.68	4.50
18 June 2009	2.86	3.86	4.63
19 June 2009	2.82	3.79	4.52
22 June 2009	2.75	3.72	4.45
23 June 2009	2.71	3.65	4.37
24 June 2009	2.74	3.72	4.44
25 June 2009	2.58	3.55	4.33
26 June 2009	2.53	3.52	4.30
29 June 2009	2.53	3.51	4.31
30 June 2009	2.54	3.53	4.32
1 July 2009	2.51	3.55	4.34
2 July 2009	2.43	3.51	4.32
3 July 2009	ND	ND	ND
6 July 2009	2.40	3.52	4.35
7 July 2009	2.36	3.47	4.31
8 July 2009	2.23	3.33	4.17
9 July 2009	2.33	3.44	4.31
10 July 2009	2.22	3.32	4.20
13 July 2009	2.27	3.38	4.25
14 July 2009	2.37	3.50	4.38
15 July 2009	2.52	3.63	4.48
16 July 2009	2.46	3.59	4.45
17 July 2009	2.52	3.67	4.53
20 July 2009	2.46	3.61	4.47
21 July 2009	2.36	3.50	4.38
22 July 2009	2.43	3.58	4.45
23 July 2009	2.60	3.72	4.58
24 July 2009	2.57	3.70	4.55
27 July 2009	2.63	3.75	4.62
28 July 2009	2.63	3.72	4.56
29 July 2009	2.69	3.69	4.50
30 July 2009	2.66	3.67	4.44
31 July 2009	2.53	3.52	4.31
3 August 2009	2.66	3.66	4.42
4 August 2009	2.68	3.70	4.45
5 August 2009	2.73	3.80	4.57
6 August 2009	2.73	3.79	4.53
7 August 2009	2.84	3.89	4.61
10 August 2009	2.75	3.80	4.52
11 August 2009	2.69	3.71	4.44
12 August 2009	2.70	3.72	4.53
13 August 2009	2.58	3.59	4.44
14 August 2009	2.51	3.55	4.41
17 August 2009	2.43	3.48	4.33
18 August 2009	2.48	3.51	4.35
19 August 2009	2.43	3.45	4.28
20 August 2009	2.43	3.42	4.24
21 August 2009	2.58	3.56	4.36
24 August 2009	2.50	3.48	4.27
25 August 2009	2.48	3.45	4.22
26 August 2009	2.46	3.44	4.20
27 August 2009	2.48	3.47	4.23
28 August 2009	2.46	3.46	4.21
31 August 2009	2.39	3.40	4.18
1 September 2009	2.33	3.38	4.19
2 September 2009	2.26	3.29	4.09
3 September 2009	2.29	3.33	4.15
4 September 2009	2.36	3.45	4.27
7 September 2009	ND	ND	ND
8 September 2009	2.38	3.47	4.31
9 September 2009	2.38	3.48	4.33
10 September 2009	2.29	3.36	4.19
11 September 2009	2.29	3.34	4.18
14 September 2009	2.37	3.42	4.22
15 September 2009	2.41	3.47	4.27
16 September 2009	2.46	3.48	4.26
17 September 2009	2.41	3.42	4.19
18 September 2009	2.49	3.49	4.24
21 September 2009	2.47	3.49	4.23
22 September 2009	2.45	3.46	4.20
23 September 2009	2.40	3.44	4.21
24 September 2009	2.37	3.40	4.17
25 September 2009	2.36	3.34	4.10
28 September 2009	2.33	3.31	4.04
29 September 2009	2.34	3.31	4.03
30 September 2009	2.31	3.31	4.03
1 October 2009	2.20	3.21	3.97
2 October 2009	2.22	3.24	4.01
5 October 2009	2.21	3.24	4.01
6 October 2009	2.25	3.27	4.07
7 October 2009	2.16	3.21	3.99
8 October 2009	2.22	3.27	4.09
9 October 2009	2.36	3.40	4.22
12 October 2009	ND	ND	ND
13 October 2009	2.28	3.34	4.16
14 October 2009	2.36	3.45	4.28
15 October 2009	2.41	3.49	4.31
16 October 2009	2.37	3.43	4.24
19 October 2009	2.36	3.41	4.21
20 October 2009	2.30	3.35	4.16
21 October 2009	2.38	3.42	4.22
22 October 2009	2.39	3.44	4.24
23 October 2009	2.46	3.51	4.29
26 October 2009	2.53	3.59	4.37
27 October 2009	2.41	3.49	4.29
28 October 2009	2.37	3.44	4.25
29 October 2009	2.44	3.53	4.35
30 October 2009	2.31	3.41	4.23
2 November 2009	2.33	3.45	4.26
3 November 2009	2.36	3.50	4.34
4 November 2009	2.39	3.57	4.41
5 November 2009	2.35	3.57	4.41
6 November 2009	2.30	3.54	4.40
9 November 2009	2.31	3.52	4.40
10 November 2009	2.31	3.50	4.41
11 November 2009	ND	ND	ND
12 November 2009	2.28	3.45	4.41
13 November 2009	2.28	3.43	4.36
16 November 2009	2.19	3.33	4.26
17 November 2009	2.19	3.33	4.26
18 November 2009	2.21	3.36	4.29
19 November 2009	2.18	3.35	4.29
20 November 2009	2.20	3.36	4.30
23 November 2009	2.20	3.37	4.29
24 November 2009	2.15	3.32	4.25
25 November 2009	2.11	3.28	4.23
26 November 2009	ND	ND	ND
27 November 2009	2.03	3.21	4.21
30 November 2009	2.01	3.21	4.20
1 December 2009	2.03	3.28	4.26
2 December 2009	2.09	3.32	4.26
3 December 2009	2.14	3.39	4.33
4 December 2009	2.24	3.48	4.40
7 December 2009	2.19	3.44	4.40
8 December 2009	2.12	3.40	4.39
9 December 2009	2.15	3.45	4.41
10 December 2009	2.19	3.49	4.50
11 December 2009	2.26	3.55	4.49
14 December 2009	2.30	3.56	4.48
15 December 2009	2.35	3.60	4.52
16 December 2009	2.35	3.61	4.52
17 December 2009	2.24	3.50	4.42
18 December 2009	2.30	3.55	4.46
21 December 2009	2.43	3.69	4.56
22 December 2009	2.49	3.76	4.60
23 December 2009	2.51	3.77	4.61
24 December 2009	2.57	3.82	4.68
25 December 2009	ND	ND	ND
28 December 2009	2.62	3.85	4.69
29 December 2009	2.62	3.82	4.64
30 December 2009	2.61	3.80	4.61
31 December 2009	2.69	3.85	4.63
1 January 2010	ND	ND	ND
4 January 2010	2.65	3.85	4.65
5 January 2010	2.56	3.77	4.59
6 January 2010	2.60	3.85	4.70
7 January 2010	2.62	3.85	4.69
8 January 2010	2.57	3.83	4.70
11 January 2010	2.58	3.85	4.74
12 January 2010	2.49	3.74	4.62
13 January 2010	2.55	3.80	4.71
14 January 2010	2.51	3.76	4.63
15 January 2010	2.44	3.70	4.58
18 January 2010	ND	ND	ND
19 January 2010	2.48	3.73	4.60
20 January 2010	2.45	3.68	4.54
21 January 2010	2.38	3.62	4.50
22 January 2010	2.37	3.62	4.50
25 January 2010	2.39	3.66	4.55
26 January 2010	2.38	3.65	4.56
27 January 2010	2.43	3.66	4.55
28 January 2010	2.41	3.68	4.57
29 January 2010	2.34	3.63	4.51
1 February 2010	2.38	3.68	4.56
2 February 2010	2.37	3.67	4.55
3 February 2010	2.40	3.73	4.62
4 February 2010	2.29	3.62	4.53
5 February 2010	2.23	3.59	4.51
8 February 2010	2.26	3.62	4.52
9 February 2010	2.32	3.67	4.58
10 February 2010	2.39	3.72	4.65
11 February 2010	2.39	3.73	4.69
12 February 2010	2.35	3.69	4.66
15 February 2010	ND	ND	ND
16 February 2010	2.32	3.66	4.63
17 February 2010	2.40	3.74	4.70
18 February 2010	2.46	3.79	4.74
19 February 2010	2.48	3.78	4.71
22 February 2010	2.47	3.80	4.73
23 February 2010	2.37	3.69	4.63
24 February 2010	2.40	3.70	4.63
25 February 2010	2.33	3.64	4.58
26 February 2010	2.30	3.61	4.55
1 March 2010	2.28	3.61	4.56
2 March 2010	2.27	3.62	4.57
3 March 2010	2.27	3.63	4.58
4 March 2010	2.28	3.61	4.56
5 March 2010	2.35	3.69	4.64
8 March 2010	2.36	3.72	4.68
9 March 2010	2.34	3.71	4.68
10 March 2010	2.39	3.73	4.69
11 March 2010	2.43	3.73	4.66
12 March 2010	2.42	3.71	4.62
15 March 2010	2.42	3.71	4.63
16 March 2010	2.37	3.66	4.59
17 March 2010	2.38	3.65	4.56
18 March 2010	2.44	3.68	4.59
19 March 2010	2.48	3.70	4.58
22 March 2010	2.43	3.67	4.57
23 March 2010	2.44	3.69	4.60
24 March 2010	2.62	3.84	4.72
25 March 2010	2.65	3.91	4.77
26 March 2010	2.59	3.86	4.75
29 March 2010	2.60	3.88	4.76
30 March 2010	2.60	3.88	4.75
31 March 2010	2.55	3.84	4.72
1 April 2010	2.59	3.89	4.74
2 April 2010	2.67	3.96	4.81
5 April 2010	2.75	4.01	4.85
6 April 2010	2.71	3.98	4.84
7 April 2010	2.62	3.89	4.74
8 April 2010	2.64	3.91	4.75
9 April 2010	2.65	3.90	4.74
12 April 2010	2.60	3.87	4.70
13 April 2010	2.58	3.84	4.68
14 April 2010	2.61	3.88	4.72
15 April 2010	2.57	3.86	4.72
16 April 2010	2.49	3.79	4.67
19 April 2010	2.54	3.83	4.70
20 April 2010	2.56	3.82	4.67
21 April 2010	2.52	3.77	4.61
22 April 2010	2.57	3.80	4.65
23 April 2010	2.61	3.84	4.67
26 April 2010	2.60	3.83	4.67
27 April 2010	2.46	3.71	4.56
28 April 2010	2.53	3.80	4.63
29 April 2010	2.49	3.76	4.60
30 April 2010	2.43	3.69	4.53
3 May 2010	2.47	3.72	4.53
4 May 2010	2.38	3.63	4.43
5 May 2010	2.31	3.58	4.39
6 May 2010	2.13	3.41	4.19
7 May 2010	2.17	3.45	4.28
10 May 2010	2.27	3.57	4.41
11 May 2010	2.26	3.56	4.42
12 May 2010	2.29	3.56	4.47
13 May 2010	2.27	3.55	4.47
14 May 2010	2.16	3.44	4.32
17 May 2010	2.20	3.47	4.35
18 May 2010	2.11	3.38	4.26
19 May 2010	2.13	3.36	4.24
20 May 2010	2.04	3.25	4.13
21 May 2010	2.02	3.20	4.07
24 May 2010	2.04	3.23	4.12
25 May 2010	2.01	3.18	4.07
26 May 2010	2.06	3.21	4.11
27 May 2010	2.18	3.34	4.24
28 May 2010	2.10	3.31	4.22
31 May 2010	ND	ND	ND
1 June 2010	2.09	3.29	4.19
2 June 2010	2.14	3.35	4.24
3 June 2010	2.17	3.39	4.29
4 June 2010	1.98	3.20	4.13
7 June 2010	1.95	3.17	4.11
8 June 2010	1.98	3.18	4.10
9 June 2010	1.99	3.20	4.12
10 June 2010	2.12	3.33	4.25
11 June 2010	2.03	3.24	4.15
14 June 2010	2.07	3.28	4.20
15 June 2010	2.10	3.32	4.23
16 June 2010	2.06	3.27	4.18
17 June 2010	2.01	3.21	4.13
18 June 2010	2.04	3.24	4.15
21 June 2010	2.05	3.26	4.17
22 June 2010	1.98	3.18	4.10
23 June 2010	1.93	3.13	4.05
24 June 2010	1.93	3.14	4.09
25 June 2010	1.90	3.12	4.07
28 June 2010	1.83	3.05	4.01
29 June 2010	1.78	2.97	3.94
30 June 2010	1.79	2.97	3.91
1 July 2010	1.80	2.96	3.88
2 July 2010	1.82	3.00	3.94
5 July 2010	ND	ND	ND
6 July 2010	1.76	2.95	3.89
7 July 2010	1.79	3.00	3.96
8 July 2010	1.80	3.04	4.00
9 July 2010	1.85	3.07	4.04
12 July 2010	1.85	3.08	4.05
13 July 2010	1.90	3.15	4.10
14 July 2010	1.82	3.07	4.03
15 July 2010	1.76	3.00	3.97
16 July 2010	1.70	2.96	3.95
19 July 2010	1.73	2.99	3.99
20 July 2010	1.71	2.98	3.99
21 July 2010	1.66	2.90	3.89
22 July 2010	1.69	2.96	3.95
23 July 2010	1.75	3.02	4.01
26 July 2010	1.76	3.03	4.03
27 July 2010	1.82	3.08	4.08
28 July 2010	1.75	3.03	4.07
29 July 2010	1.70	3.03	4.08
30 July 2010	1.60	2.94	3.98
2 August 2010	1.64	2.99	4.06
3 August 2010	1.55	2.94	4.04
4 August 2010	1.62	2.98	4.07
5 August 2010	1.57	2.94	4.05
6 August 2010	1.51	2.86	4.00
9 August 2010	1.54	2.86	4.01
10 August 2010	1.46	2.79	4.00
11 August 2010	1.44	2.72	3.93
12 August 2010	1.48	2.74	3.94
13 August 2010	1.47	2.68	3.87
16 August 2010	1.40	2.58	3.72
17 August 2010	1.44	2.64	3.77
18 August 2010	1.46	2.64	3.73
19 August 2010	1.41	2.58	3.66
20 August 2010	1.47	2.62	3.67
23 August 2010	1.43	2.60	3.65
24 August 2010	1.36	2.50	3.57
25 August 2010	1.40	2.54	3.59
26 August 2010	1.38	2.50	3.53
27 August 2010	1.49	2.66	3.69
30 August 2010	1.39	2.54	3.60
31 August 2010	1.33	2.47	3.52
1 September 2010	1.41	2.58	3.65
2 September 2010	1.43	2.63	3.72
3 September 2010	1.49	2.72	3.79
6 September 2010	ND	ND	ND
7 September 2010	1.41	2.61	3.67
8 September 2010	1.46	2.66	3.72
9 September 2010	1.57	2.77	3.84
10 September 2010	1.59	2.81	3.88
13 September 2010	1.51	2.74	3.83
14 September 2010	1.43	2.68	3.79
15 September 2010	1.46	2.74	3.87
16 September 2010	1.48	2.77	3.92
17 September 2010	1.46	2.75	3.90
20 September 2010	1.43	2.72	3.87
21 September 2010	1.34	2.61	3.79
22 September 2010	1.33	2.56	3.74
23 September 2010	1.34	2.56	3.73
24 September 2010	1.37	2.62	3.79
27 September 2010	1.31	2.54	3.70
28 September 2010	1.25	2.48	3.66
29 September 2010	1.28	2.52	3.69
30 September 2010	1.27	2.53	3.69
1 October 2010	1.26	2.54	3.71
4 October 2010	1.23	2.50	3.71
5 October 2010	1.21	2.50	3.74
6 October 2010	1.16	2.41	3.67
7 October 2010	1.14	2.41	3.72
8 October 2010	1.11	2.41	3.75
11 October 2010	ND	ND	ND
12 October 2010	1.14	2.44	3.80
13 October 2010	1.13	2.46	3.84
14 October 2010	1.18	2.52	3.91
15 October 2010	1.20	2.59	3.98
18 October 2010	1.14	2.52	3.93
19 October 2010	1.11	2.50	3.90
20 October 2010	1.11	2.51	3.89
21 October 2010	1.15	2.57	3.95
22 October 2010	1.17	2.59	3.94
25 October 2010	1.20	2.59	3.91
26 October 2010	1.27	2.67	4.00
27 October 2010	1.34	2.75	4.06
28 October 2010	1.23	2.69	4.05
29 October 2010	1.17	2.63	3.99
1 November 2010	1.17	2.66	4.01
2 November 2010	1.15	2.63	3.93
3 November 2010	1.11	2.67	4.09
4 November 2010	1.04	2.53	4.04
5 November 2010	1.10	2.58	4.12
8 November 2010	1.13	2.60	4.12
9 November 2010	1.27	2.72	4.25
10 November 2010	1.23	2.65	4.25
11 November 2010	ND	ND	ND
12 November 2010	1.35	2.76	4.26
15 November 2010	1.51	2.92	4.38
16 November 2010	1.49	2.85	4.26
17 November 2010	1.49	2.89	4.31
18 November 2010	1.51	2.90	4.29
19 November 2010	1.54	2.88	4.25
22 November 2010	1.44	2.80	4.20
23 November 2010	1.40	2.77	4.18
24 November 2010	1.56	2.93	4.29
25 November 2010	ND	ND	ND
26 November 2010	1.53	2.87	4.21
29 November 2010	1.51	2.84	4.16
30 November 2010	1.47	2.81	4.12
1 December 2010	1.64	2.97	4.24
2 December 2010	1.68	3.01	4.27
3 December 2010	1.64	3.03	4.32
6 December 2010	1.53	2.95	4.25
7 December 2010	1.74	3.15	4.39
8 December 2010	1.87	3.26	4.45
9 December 2010	1.90	3.23	4.41
10 December 2010	1.98	3.32	4.43
13 December 2010	1.91	3.29	4.39
14 December 2010	2.08	3.49	4.54
15 December 2010	2.11	3.53	4.59
16 December 2010	2.06	3.47	4.57
17 December 2010	1.97	3.33	4.41
20 December 2010	1.99	3.36	4.44
21 December 2010	1.99	3.35	4.44
22 December 2010	2.02	3.36	4.45
23 December 2010	2.09	3.41	4.47
24 December 2010	ND	ND	ND
27 December 2010	2.08	3.36	4.42
28 December 2010	2.18	3.50	4.53
29 December 2010	2.03	3.35	4.41
30 December 2010	2.06	3.38	4.43
31 December 2010	2.01	3.30	4.34
3 January 2011	2.02	3.36	4.39
4 January 2011	2.01	3.36	4.44
5 January 2011	2.14	3.50	4.55
6 January 2011	2.09	3.44	4.53
7 January 2011	1.96	3.34	4.48
10 January 2011	1.93	3.32	4.47
11 January 2011	1.98	3.37	4.49
12 January 2011	1.99	3.40	4.52
13 January 2011	1.93	3.34	4.50
14 January 2011	1.95	3.35	4.53
17 January 2011	ND	ND	ND
18 January 2011	1.97	3.39	4.56
19 January 2011	1.95	3.37	4.53
20 January 2011	2.06	3.47	4.60
21 January 2011	2.04	3.44	4.57
24 January 2011	2.03	3.43	4.55
25 January 2011	1.96	3.35	4.48
26 January 2011	2.03	3.45	4.59
27 January 2011	1.98	3.42	4.57
28 January 2011	1.92	3.36	4.53
31 January 2011	1.95	3.42	4.58
1 February 2011	2.02	3.48	4.62
2 February 2011	2.10	3.52	4.64
3 February 2011	2.18	3.58	4.67
4 February 2011	2.27	3.68	4.73
7 February 2011	2.29	3.68	4.71
8 February 2011	2.39	3.75	4.76
9 February 2011	2.33	3.65	4.71
10 February 2011	2.40	3.70	4.75
11 February 2011	2.38	3.64	4.71
14 February 2011	2.37	3.62	4.67
15 February 2011	2.35	3.61	4.66
16 February 2011	2.37	3.62	4.67
17 February 2011	2.30	3.58	4.66
18 February 2011	2.30	3.59	4.70
21 February 2011	ND	ND	ND
22 February 2011	2.16	3.46	4.60
23 February 2011	2.21	3.49	4.59
24 February 2011	2.19	3.46	4.54
25 February 2011	2.16	3.42	4.51
28 February 2011	2.13	3.42	4.49
1 March 2011	2.11	3.41	4.48
2 March 2011	2.16	3.46	4.54
3 March 2011	2.30	3.58	4.64
4 March 2011	2.17	3.49	4.60
7 March 2011	2.19	3.51	4.61
8 March 2011	2.22	3.56	4.66
9 March 2011	2.16	3.48	4.60
10 March 2011	2.05	3.37	4.53
11 March 2011	2.06	3.40	4.54
14 March 2011	2.00	3.36	4.52
15 March 2011	2.00	3.33	4.47
16 March 2011	1.87	3.22	4.38
17 March 2011	1.91	3.25	4.42
18 March 2011	1.96	3.28	4.43
21 March 2011	2.04	3.34	4.45
22 March 2011	2.07	3.34	4.44
23 March 2011	2.07	3.36	4.44
24 March 2011	2.14	3.42	4.48
25 March 2011	2.20	3.46	4.51
28 March 2011	2.23	3.47	4.51
29 March 2011	2.25	3.50	4.54
30 March 2011	2.21	3.47	4.52
31 March 2011	2.24	3.47	4.51
1 April 2011	2.24	3.46	4.48
4 April 2011	2.20	3.45	4.49
5 April 2011	2.28	3.50	4.51
6 April 2011	2.32	3.56	4.58
7 April 2011	2.29	3.58	4.63
8 April 2011	2.31	3.59	4.63
11 April 2011	2.31	3.59	4.64
12 April 2011	2.22	3.52	4.58
13 April 2011	2.19	3.49	4.55
14 April 2011	2.23	3.51	4.53
15 April 2011	2.14	3.43	4.47
18 April 2011	2.09	3.40	4.45
19 April 2011	2.09	3.39	4.43
20 April 2011	2.15	3.43	4.47
21 April 2011	2.14	3.42	4.47
22 April 2011	ND	ND	ND
25 April 2011	2.10	3.39	4.46
26 April 2011	2.05	3.34	4.39
27 April 2011	2.06	3.39	4.45
28 April 2011	2.00	3.34	4.42
29 April 2011	1.97	3.32	4.40
2 May 2011	1.96	3.31	4.38
3 May 2011	1.96	3.28	4.36
4 May 2011	1.95	3.25	4.33
5 May 2011	1.88	3.18	4.26
6 May 2011	1.87	3.19	4.29
9 May 2011	1.84	3.17	4.30
10 May 2011	1.91	3.23	4.34
11 May 2011	1.87	3.19	4.31
12 May 2011	1.89	3.22	4.37
13 May 2011	1.86	3.18	4.32
16 May 2011	1.83	3.15	4.28
17 May 2011	1.80	3.12	4.23
18 May 2011	1.87	3.18	4.29
19 May 2011	1.85	3.17	4.30
20 May 2011	1.82	3.15	4.30
23 May 2011	1.80	3.13	4.27
24 May 2011	1.81	3.12	4.26
25 May 2011	1.81	3.13	4.28
26 May 2011	1.72	3.07	4.23
27 May 2011	1.71	3.07	4.24
30 May 2011	ND	ND	ND
31 May 2011	1.68	3.05	4.22
1 June 2011	1.60	2.96	4.15
2 June 2011	1.65	3.04	4.25
3 June 2011	1.60	2.99	4.22
6 June 2011	1.60	3.01	4.25
7 June 2011	1.59	3.01	4.27
8 June 2011	1.52	2.98	4.20
9 June 2011	1.60	3.01	4.22
10 June 2011	1.58	2.99	4.18
13 June 2011	1.59	3.00	4.20
14 June 2011	1.70	3.11	4.30
15 June 2011	1.55	2.98	4.19
16 June 2011	1.52	2.93	4.16
17 June 2011	1.53	2.94	4.19
20 June 2011	1.55	2.97	4.19
21 June 2011	1.57	2.99	4.21
22 June 2011	1.58	3.01	4.22
23 June 2011	1.48	2.93	4.17
24 June 2011	1.40	2.88	4.17
27 June 2011	1.47	2.95	4.28
28 June 2011	1.62	3.05	4.33
29 June 2011	1.70	3.14	4.39
30 June 2011	1.76	3.18	4.38
1 July 2011	1.80	3.22	4.40
4 July 2011	ND	ND	ND
5 July 2011	1.70	3.16	4.39
6 July 2011	1.66	3.12	4.35
7 July 2011	1.74	3.17	4.37
8 July 2011	1.57	3.03	4.27
11 July 2011	1.49	2.94	4.20
12 July 2011	1.47	2.92	4.19
13 July 2011	1.45	2.92	4.17
14 July 2011	1.51	2.98	4.25
15 July 2011	1.46	2.94	4.26
18 July 2011	1.45	2.94	4.29
19 July 2011	1.45	2.91	4.19
20 July 2011	1.49	2.96	4.25
21 July 2011	1.56	3.03	4.31
22 July 2011	1.53	2.99	4.26
25 July 2011	1.55	3.03	4.31
26 July 2011	1.51	2.99	4.28
27 July 2011	1.56	3.01	4.29
28 July 2011	1.52	2.98	4.26
29 July 2011	1.35	2.82	4.12
1 August 2011	1.32	2.77	4.07
2 August 2011	1.23	2.66	3.93
3 August 2011	1.25	2.64	3.89
4 August 2011	1.12	2.47	3.70
5 August 2011	1.23	2.58	3.82
8 August 2011	1.11	2.40	3.68
9 August 2011	0.91	2.20	3.56
10 August 2011	0.93	2.17	3.54
11 August 2011	1.02	2.34	3.82
12 August 2011	0.96	2.24	3.72
15 August 2011	0.99	2.29	3.75
16 August 2011	0.95	2.23	3.67
17 August 2011	0.92	2.17	3.57
18 August 2011	0.90	2.08	3.45
19 August 2011	0.90	2.07	3.39
22 August 2011	0.94	2.10	3.42
23 August 2011	0.95	2.15	3.47
24 August 2011	1.05	2.29	3.63
25 August 2011	0.98	2.23	3.60
26 August 2011	0.94	2.19	3.54
29 August 2011	0.99	2.28	3.63
30 August 2011	0.94	2.19	3.53
31 August 2011	0.96	2.23	3.60
1 September 2011	0.90	2.15	3.51
2 September 2011	0.88	2.02	3.32
5 September 2011	ND	ND	ND
6 September 2011	0.88	1.98	3.26
7 September 2011	0.92	2.05	3.36
8 September 2011	0.88	2.00	3.32
9 September 2011	0.81	1.93	3.26
12 September 2011	0.87	1.94	3.24
13 September 2011	0.89	2.00	3.32
14 September 2011	0.91	2.03	3.32
15 September 2011	0.95	2.09	3.36
16 September 2011	0.94	2.08	3.34
19 September 2011	0.85	1.97	3.22
20 September 2011	0.85	1.95	3.20
21 September 2011	0.88	1.88	3.03
22 September 2011	0.79	1.72	2.78
23 September 2011	0.89	1.84	2.89
26 September 2011	0.92	1.91	2.99
27 September 2011	0.97	2.00	3.08
28 September 2011	0.99	2.03	3.10
29 September 2011	0.98	1.99	3.03
30 September 2011	0.96	1.92	2.90
3 October 2011	0.87	1.80	2.76
4 October 2011	0.90	1.81	2.77
5 October 2011	0.96	1.92	2.87
6 October 2011	1.01	2.01	2.96
7 October 2011	1.08	2.10	3.02
10 October 2011	ND	ND	ND
11 October 2011	1.14	2.18	3.11
12 October 2011	1.17	2.24	3.19
13 October 2011	1.11	2.19	3.15
14 October 2011	1.12	2.26	3.22
17 October 2011	1.08	2.18	3.13
18 October 2011	1.07	2.19	3.17
19 October 2011	1.05	2.18	3.17
20 October 2011	1.07	2.20	3.19
21 October 2011	1.08	2.23	3.26
24 October 2011	1.10	2.25	3.27
25 October 2011	1.01	2.14	3.13
26 October 2011	1.09	2.23	3.22
27 October 2011	1.20	2.42	3.45
28 October 2011	1.13	2.34	3.36
31 October 2011	0.99	2.17	3.16
1 November 2011	0.90	2.01	2.99
2 November 2011	0.89	2.03	3.03
3 November 2011	0.91	2.09	3.10
4 November 2011	0.88	2.06	3.09
7 November 2011	0.88	2.04	3.05
8 November 2011	0.92	2.10	3.13
9 November 2011	0.88	2.00	3.03
10 November 2011	0.90	2.04	3.12
11 November 2011	ND	ND	ND
14 November 2011	0.91	2.04	3.09
15 November 2011	0.93	2.06	3.10
16 November 2011	0.90	2.01	3.05
17 November 2011	0.88	1.96	2.98
18 November 2011	0.94	2.01	2.99
21 November 2011	0.92	1.97	2.96
22 November 2011	0.91	1.94	2.91
23 November 2011	0.88	1.89	2.82
24 November 2011	ND	ND	ND
25 November 2011	0.93	1.97	2.92
28 November 2011	0.91	1.97	2.93
29 November 2011	0.93	2.00	2.96
30 November 2011	0.96	2.08	3.06
1 December 2011	0.97	2.11	3.12
2 December 2011	0.92	2.05	3.03
5 December 2011	0.93	2.04	3.02
6 December 2011	0.94	2.08	3.09
7 December 2011	0.89	2.02	3.04
8 December 2011	0.86	1.99	3.00
9 December 2011	0.89	2.07	3.10
12 December 2011	0.87	2.03	3.06
13 December 2011	0.85	1.96	2.98
14 December 2011	0.86	1.92	2.91
15 December 2011	0.86	1.92	2.92
16 December 2011	0.81	1.86	2.86
19 December 2011	0.82	1.82	2.79
20 December 2011	0.88	1.94	2.93
21 December 2011	0.91	1.98	3.00
22 December 2011	0.91	1.97	2.99
23 December 2011	0.97	2.03	3.05
26 December 2011	ND	ND	ND
27 December 2011	0.96	2.02	3.04
28 December 2011	0.91	1.93	2.91
29 December 2011	0.88	1.91	2.90
30 December 2011	0.83	1.89	2.89
2 January 2012	ND	ND	ND
3 January 2012	0.89	1.97	2.98
4 January 2012	0.89	2.00	3.03
5 January 2012	0.88	2.02	3.06
6 January 2012	0.86	1.98	3.02
9 January 2012	0.85	1.98	3.02
10 January 2012	0.86	2.00	3.04
11 January 2012	0.82	1.93	2.96
12 January 2012	0.84	1.94	2.97
13 January 2012	0.80	1.89	2.91
16 January 2012	ND	ND	ND
17 January 2012	0.79	1.87	2.89
18 January 2012	0.82	1.92	2.96
19 January 2012	0.87	2.01	3.05
20 January 2012	0.91	2.05	3.10
23 January 2012	0.93	2.09	3.15
24 January 2012	0.92	2.08	3.15
25 January 2012	0.81	2.01	3.13
26 January 2012	0.77	1.96	3.10
27 January 2012	0.75	1.93	3.07
30 January 2012	0.73	1.87	2.99
31 January 2012	0.71	1.83	2.94
1 February 2012	0.72	1.87	3.01
2 February 2012	0.71	1.86	3.01
3 February 2012	0.78	1.97	3.13
6 February 2012	0.76	1.93	3.08
7 February 2012	0.82	2.00	3.14
8 February 2012	0.82	2.01	3.14
9 February 2012	0.86	2.04	3.20
10 February 2012	0.81	1.96	3.11
13 February 2012	0.85	1.99	3.14
14 February 2012	0.81	1.92	3.06
15 February 2012	0.81	1.93	3.09
16 February 2012	0.87	1.99	3.14
17 February 2012	0.88	2.01	3.16
20 February 2012	ND	ND	ND
21 February 2012	0.92	2.05	3.20
22 February 2012	0.88	2.01	3.15
23 February 2012	0.88	1.99	3.13
24 February 2012	0.89	1.98	3.10
27 February 2012	0.84	1.92	3.04
28 February 2012	0.84	1.94	3.07
29 February 2012	0.87	1.98	3.08
1 March 2012	0.89	2.03	3.15
2 March 2012	0.84	1.99	3.11
5 March 2012	0.87	2.00	3.13
6 March 2012	0.83	1.96	3.08
7 March 2012	0.85	1.98	3.12
8 March 2012	0.89	2.03	3.18
9 March 2012	0.90	2.04	3.19
12 March 2012	0.92	2.04	3.17
13 March 2012	0.99	2.14	3.26
14 March 2012	1.13	2.29	3.43
15 March 2012	1.11	2.29	3.41
16 March 2012	1.13	2.31	3.41
19 March 2012	1.20	2.39	3.48
20 March 2012	1.22	2.38	3.46
21 March 2012	1.15	2.31	3.38
22 March 2012	1.13	2.29	3.37
23 March 2012	1.10	2.25	3.31
26 March 2012	1.09	2.26	3.33
27 March 2012	1.04	2.20	3.29
28 March 2012	1.05	2.21	3.31
29 March 2012	1.01	2.18	3.27
30 March 2012	1.04	2.23	3.35
2 April 2012	1.03	2.22	3.35
3 April 2012	1.10	2.30	3.41
4 April 2012	1.05	2.25	3.37
5 April 2012	1.01	2.19	3.32
6 April 2012	0.89	2.07	3.21
9 April 2012	0.90	2.06	3.18
10 April 2012	0.85	2.01	3.13
11 April 2012	0.89	2.05	3.18
12 April 2012	0.90	2.08	3.22
13 April 2012	0.86	2.02	3.14
16 April 2012	0.85	2.00	3.12
17 April 2012	0.88	2.03	3.15
18 April 2012	0.86	2.00	3.13
19 April 2012	0.84	1.98	3.12
20 April 2012	0.86	1.99	3.12
23 April 2012	0.83	1.96	3.08
24 April 2012	0.86	2.00	3.12
25 April 2012	0.86	2.01	3.15
26 April 2012	0.83	1.98	3.13
27 April 2012	0.82	1.96	3.12
30 April 2012	0.82	1.95	3.12
1 May 2012	0.84	1.98	3.16
2 May 2012	0.82	1.96	3.11
3 May 2012	0.82	1.96	3.12
4 May 2012	0.78	1.91	3.07
7 May 2012	0.79	1.92	3.07
8 May 2012	0.77	1.88	3.03
9 May 2012	0.77	1.87	3.03
10 May 2012	0.79	1.89	3.07
11 May 2012	0.75	1.84	3.02
14 May 2012	0.73	1.78	2.95
15 May 2012	0.74	1.76	2.91
16 May 2012	0.75	1.76	2.90
17 May 2012	0.74	1.70	2.80
18 May 2012	0.75	1.71	2.80
21 May 2012	0.75	1.75	2.80
22 May 2012	0.78	1.79	2.88
23 May 2012	0.74	1.73	2.81
24 May 2012	0.77	1.77	2.86
25 May 2012	0.76	1.75	2.85
28 May 2012	ND	ND	ND
29 May 2012	0.76	1.74	2.85
30 May 2012	0.69	1.63	2.72
31 May 2012	0.67	1.59	2.67
1 June 2012	0.62	1.47	2.53
4 June 2012	0.68	1.53	2.56
5 June 2012	0.68	1.57	2.63
6 June 2012	0.73	1.66	2.73
7 June 2012	0.72	1.66	2.75
8 June 2012	0.71	1.65	2.77
11 June 2012	0.69	1.60	2.71
12 June 2012	0.75	1.67	2.77
13 June 2012	0.71	1.61	2.70
14 June 2012	0.73	1.64	2.73
15 June 2012	0.68	1.60	2.70
18 June 2012	0.69	1.59	2.67
19 June 2012	0.71	1.64	2.73
20 June 2012	0.74	1.65	2.72
21 June 2012	0.73	1.63	2.68
22 June 2012	0.76	1.69	2.75
25 June 2012	0.72	1.63	2.69
26 June 2012	0.75	1.66	2.71
27 June 2012	0.73	1.65	2.70
28 June 2012	0.69	1.60	2.67
29 June 2012	0.72	1.67	2.76
2 July 2012	0.67	1.61	2.69
3 July 2012	0.69	1.65	2.74
4 July 2012	ND	ND	ND
5 July 2012	0.68	1.62	2.72
6 July 2012	0.64	1.57	2.66
9 July 2012	0.63	1.53	2.62
10 July 2012	0.63	1.53	2.60
11 July 2012	0.64	1.54	2.60
12 July 2012	0.63	1.50	2.57
13 July 2012	0.63	1.52	2.58
16 July 2012	0.60	1.50	2.56
17 July 2012	0.62	1.53	2.59
18 July 2012	0.60	1.52	2.59
19 July 2012	0.62	1.54	2.61
20 July 2012	0.59	1.49	2.55
23 July 2012	0.57	1.47	2.52
24 July 2012	0.57	1.44	2.47
25 July 2012	0.56	1.43	2.46
26 July 2012	0.58	1.45	2.49
27 July 2012	0.65	1.58	2.63
30 July 2012	0.61	1.53	2.58
31 July 2012	0.60	1.51	2.56
1 August 2012	0.63	1.56	2.60
2 August 2012	0.61	1.51	2.55
3 August 2012	0.67	1.60	2.65
6 August 2012	0.65	1.59	2.65
7 August 2012	0.71	1.66	2.72
8 August 2012	0.73	1.68	2.75
9 August 2012	0.74	1.69	2.78
10 August 2012	0.71	1.65	2.74
13 August 2012	0.71	1.65	2.74
14 August 2012	0.75	1.73	2.82
15 August 2012	0.80	1.80	2.90
16 August 2012	0.83	1.83	2.96
17 August 2012	0.81	1.81	2.93
20 August 2012	0.80	1.82	2.93
21 August 2012	0.80	1.80	2.90
22 August 2012	0.71	1.71	2.82
23 August 2012	0.71	1.68	2.79
24 August 2012	0.72	1.68	2.79
27 August 2012	0.70	1.65	2.76
28 August 2012	0.69	1.64	2.75
29 August 2012	0.69	1.66	2.77
30 August 2012	0.66	1.63	2.75
31 August 2012	0.59	1.57	2.68
3 September 2012	ND	ND	ND
4 September 2012	0.62	1.59	2.69
5 September 2012	0.62	1.60	2.70
6 September 2012	0.68	1.68	2.80
7 September 2012	0.64	1.67	2.81
10 September 2012	0.66	1.68	2.83
11 September 2012	0.67	1.70	2.84
12 September 2012	0.70	1.77	2.92
13 September 2012	0.65	1.75	2.95
14 September 2012	0.72	1.88	3.09
17 September 2012	0.73	1.85	3.03
18 September 2012	0.71	1.82	3.00
19 September 2012	0.70	1.79	2.97
20 September 2012	0.70	1.80	2.96
21 September 2012	0.68	1.77	2.95
24 September 2012	0.68	1.74	2.91
25 September 2012	0.66	1.70	2.86
26 September 2012	0.63	1.64	2.79
27 September 2012	0.64	1.66	2.83
28 September 2012	0.62	1.65	2.82
1 October 2012	0.62	1.64	2.81
2 October 2012	0.61	1.64	2.81
3 October 2012	0.61	1.64	2.82
4 October 2012	0.63	1.70	2.89
5 October 2012	0.67	1.75	2.96
8 October 2012	ND	ND	ND
9 October 2012	0.67	1.74	2.93
10 October 2012	0.66	1.72	2.89
11 October 2012	0.67	1.70	2.86
12 October 2012	0.67	1.69	2.83
15 October 2012	0.67	1.70	2.85
16 October 2012	0.70	1.75	2.91
17 October 2012	0.78	1.83	2.98
18 October 2012	0.79	1.86	3.02
19 October 2012	0.77	1.79	2.94
22 October 2012	0.79	1.83	2.95
23 October 2012	0.77	1.79	2.91
24 October 2012	0.76	1.80	2.93
25 October 2012	0.82	1.86	2.98
26 October 2012	0.76	1.78	2.92
29 October 2012	0.74	1.74	2.87
30 October 2012	ND	ND	ND
31 October 2012	0.72	1.72	2.85
1 November 2012	0.73	1.75	2.89
2 November 2012	0.73	1.75	2.91
5 November 2012	0.70	1.72	2.88
6 November 2012	0.75	1.78	2.92
7 November 2012	0.67	1.68	2.83
8 November 2012	0.65	1.62	2.77
9 November 2012	0.65	1.61	2.75
12 November 2012	ND	ND	ND
13 November 2012	0.63	1.59	2.72
14 November 2012	0.63	1.59	2.73
15 November 2012	0.62	1.58	2.72
16 November 2012	0.62	1.58	2.73
19 November 2012	0.64	1.61	2.76
20 November 2012	0.67	1.66	2.82
21 November 2012	0.69	1.69	2.83
22 November 2012	ND	ND	ND
23 November 2012	0.70	1.70	2.83
26 November 2012	0.68	1.66	2.80
27 November 2012	0.66	1.64	2.79
28 November 2012	0.64	1.63	2.79
29 November 2012	0.63	1.62	2.79
30 November 2012	0.61	1.62	2.81
3 December 2012	0.63	1.63	2.80
4 December 2012	0.63	1.62	2.78
5 December 2012	0.61	1.60	2.78
6 December 2012	0.60	1.59	2.76
7 December 2012	0.63	1.64	2.81
10 December 2012	0.62	1.63	2.80
11 December 2012	0.64	1.66	2.83
12 December 2012	0.66	1.72	2.90
13 December 2012	0.70	1.74	2.90
14 December 2012	0.70	1.72	2.87
17 December 2012	0.74	1.78	2.94
18 December 2012	0.78	1.84	3.00
19 December 2012	0.77	1.82	2.99
20 December 2012	0.77	1.81	2.98
21 December 2012	0.75	1.77	2.93
24 December 2012	0.77	1.79	2.94
25 December 2012	ND	ND	ND
26 December 2012	0.76	1.77	2.94
27 December 2012	0.72	1.74	2.89
28 December 2012	0.72	1.73	2.88
31 December 2012	0.72	1.78	2.95
1 January 2013	ND	ND	ND
2 January 2013	0.76	1.86	3.04
3 January 2013	0.81	1.92	3.12
4 January 2013	0.82	1.93	3.10
7 January 2013	0.82	1.92	3.10
8 January 2013	0.79	1.89	3.06
9 January 2013	0.77	1.88	3.06
10 January 2013	0.80	1.91	3.08
11 January 2013	0.78	1.89	3.05
14 January 2013	0.78	1.89	3.05
15 January 2013	0.75	1.86	3.02
16 January 2013	0.75	1.84	3.01
17 January 2013	0.79	1.89	3.06
18 January 2013	0.77	1.87	3.03
21 January 2013	ND	ND	ND
22 January 2013	0.76	1.86	3.02
23 January 2013	0.76	1.86	3.02
24 January 2013	0.78	1.88	3.04
25 January 2013	0.87	1.98	3.14
28 January 2013	0.89	2.00	3.15
29 January 2013	0.90	2.03	3.18
30 January 2013	0.88	2.03	3.19
31 January 2013	0.88	2.02	3.17
1 February 2013	0.88	2.04	3.21
4 February 2013	0.85	2.00	3.17
5 February 2013	0.88	2.04	3.21
6 February 2013	0.84	2.00	3.18
7 February 2013	0.83	1.99	3.17
8 February 2013	0.84	1.99	3.17
11 February 2013	0.85	1.99	3.16
12 February 2013	0.88	2.02	3.19
13 February 2013	0.92	2.05	3.23
14 February 2013	0.86	2.00	3.17
15 February 2013	0.87	2.01	3.18
18 February 2013	ND	ND	ND
19 February 2013	0.89	2.03	3.21
20 February 2013	0.88	2.02	3.20
21 February 2013	0.86	1.99	3.17
22 February 2013	0.84	1.97	3.15
25 February 2013	0.78	1.88	3.08
26 February 2013	0.78	1.88	3.08
27 February 2013	0.78	1.91	3.11
28 February 2013	0.77	1.89	3.10
1 March 2013	0.75	1.86	3.06
4 March 2013	0.76	1.88	3.08
5 March 2013	0.77	1.90	3.10
6 March 2013	0.81	1.95	3.15
7 March 2013	0.85	2.00	3.20
8 March 2013	0.90	2.06	3.25
11 March 2013	0.90	2.07	3.26
12 March 2013	0.88	2.03	3.22
13 March 2013	0.89	2.04	3.22
14 March 2013	0.88	2.04	3.25
15 March 2013	0.84	2.01	3.22
18 March 2013	0.81	1.96	3.18
19 March 2013	0.79	1.92	3.13
20 March 2013	0.81	1.96	3.19
21 March 2013	0.81	1.95	3.15
22 March 2013	0.80	1.93	3.13
25 March 2013	0.80	1.93	3.14
26 March 2013	0.79	1.92	3.13
27 March 2013	0.76	1.87	3.09
28 March 2013	0.77	1.87	3.10
29 March 2013	ND	ND	ND
1 April 2013	0.76	1.86	3.08
2 April 2013	0.78	1.88	3.10
3 April 2013	0.73	1.83	3.05
4 April 2013	0.69	1.78	2.99
5 April 2013	0.68	1.72	2.87
8 April 2013	0.71	1.76	2.91
9 April 2013	0.70	1.78	2.94
10 April 2013	0.74	1.84	3.01
11 April 2013	0.74	1.82	3.01
12 April 2013	0.70	1.75	2.92
15 April 2013	0.69	1.72	2.88
16 April 2013	0.71	1.75	2.91
17 April 2013	0.71	1.73	2.89
18 April 2013	0.71	1.72	2.87
19 April 2013	0.72	1.73	2.88
22 April 2013	0.70	1.72	2.88
23 April 2013	0.71	1.74	2.90
24 April 2013	0.70	1.73	2.89
25 April 2013	0.71	1.74	2.91
26 April 2013	0.68	1.70	2.87
29 April 2013	0.68	1.70	2.88
30 April 2013	0.68	1.70	2.88
1 May 2013	0.65	1.66	2.83
2 May 2013	0.65	1.66	2.82
3 May 2013	0.73	1.78	2.96
6 May 2013	0.74	1.80	2.98
7 May 2013	0.75	1.82	3.00
8 May 2013	0.75	1.81	2.99
9 May 2013	0.75	1.81	3.01
10 May 2013	0.82	1.90	3.10
13 May 2013	0.83	1.92	3.13
14 May 2013	0.85	1.96	3.17
15 May 2013	0.84	1.94	3.16
16 May 2013	0.79	1.87	3.09
17 May 2013	0.84	1.95	3.17
20 May 2013	0.85	1.97	3.18
21 May 2013	0.84	1.94	3.14
22 May 2013	0.91	2.03	3.21
23 May 2013	0.91	2.02	3.20
24 May 2013	0.90	2.01	3.18
27 May 2013	ND	ND	ND
28 May 2013	1.02	2.15	3.31
29 May 2013	1.02	2.13	3.27
30 May 2013	1.01	2.13	3.28
31 May 2013	1.05	2.16	3.30
3 June 2013	1.03	2.13	3.27
4 June 2013	1.05	2.14	3.30
5 June 2013	1.02	2.10	3.25
6 June 2013	1.01	2.08	3.23
7 June 2013	1.10	2.17	3.33
10 June 2013	1.13	2.22	3.36
11 June 2013	1.12	2.20	3.33
12 June 2013	1.15	2.25	3.37
13 June 2013	1.11	2.19	3.33
14 June 2013	1.04	2.14	3.28
17 June 2013	1.06	2.19	3.35
18 June 2013	1.07	2.20	3.34
19 June 2013	1.24	2.33	3.41
20 June 2013	1.31	2.41	3.49
21 June 2013	1.42	2.52	3.56
24 June 2013	1.48	2.57	3.56
25 June 2013	1.49	2.60	3.60
26 June 2013	1.45	2.55	3.58
27 June 2013	1.38	2.49	3.54
28 June 2013	1.41	2.52	3.52
1 July 2013	1.39	2.50	3.48
2 July 2013	1.38	2.48	3.47
3 July 2013	1.42	2.52	3.49
4 July 2013	ND	ND	ND
5 July 2013	1.60	2.73	3.68
8 July 2013	1.51	2.65	3.63
9 July 2013	1.50	2.65	3.64
10 July 2013	1.54	2.70	3.68
11 July 2013	1.40	2.60	3.64
12 July 2013	1.43	2.61	3.64
15 July 2013	1.40	2.57	3.61
16 July 2013	1.38	2.55	3.58
17 July 2013	1.33	2.52	3.57
18 July 2013	1.35	2.56	3.63
19 July 2013	1.31	2.50	3.56
22 July 2013	1.32	2.50	3.55
23 July 2013	1.33	2.53	3.58
24 July 2013	1.40	2.61	3.65
25 July 2013	1.38	2.61	3.65
26 July 2013	1.36	2.58	3.61
29 July 2013	1.37	2.61	3.66
30 July 2013	1.39	2.63	3.67
31 July 2013	1.38	2.60	3.64
1 August 2013	1.49	2.74	3.77
2 August 2013	1.36	2.63	3.69
5 August 2013	1.39	2.67	3.73
6 August 2013	1.39	2.67	3.73
7 August 2013	1.38	2.61	3.68
8 August 2013	1.36	2.58	3.65
9 August 2013	1.36	2.57	3.63
12 August 2013	1.39	2.61	3.67
13 August 2013	1.49	2.71	3.75
14 August 2013	1.48	2.71	3.75
15 August 2013	1.54	2.77	3.81
16 August 2013	1.60	2.84	3.86
19 August 2013	1.63	2.88	3.89
20 August 2013	1.57	2.82	3.86
21 August 2013	1.64	2.87	3.90
22 August 2013	1.71	2.90	3.88
23 August 2013	1.66	2.82	3.80
26 August 2013	1.61	2.79	3.77
27 August 2013	1.56	2.72	3.70
28 August 2013	1.62	2.78	3.75
29 August 2013	1.60	2.75	3.70
30 August 2013	1.62	2.78	3.70
2 September 2013	ND	ND	ND
3 September 2013	1.68	2.86	3.79
4 September 2013	1.74	2.90	3.80
5 September 2013	1.85	2.98	3.88
6 September 2013	1.77	2.94	3.87
9 September 2013	1.71	2.90	3.84
10 September 2013	1.78	2.96	3.88
11 September 2013	1.72	2.93	3.85
12 September 2013	1.72	2.92	3.85
13 September 2013	1.71	2.90	3.84
16 September 2013	1.65	2.88	3.87
17 September 2013	1.62	2.86	3.84
18 September 2013	1.43	2.69	3.75
19 September 2013	1.49	2.76	3.80
20 September 2013	1.50	2.75	3.77
23 September 2013	1.48	2.72	3.73
24 September 2013	1.44	2.67	3.67
25 September 2013	1.41	2.63	3.65
26 September 2013	1.43	2.66	3.69
27 September 2013	1.40	2.64	3.68
30 September 2013	1.39	2.64	3.69
1 October 2013	1.42	2.66	3.72
2 October 2013	1.38	2.63	3.70
3 October 2013	1.36	2.62	3.71
4 October 2013	1.41	2.66	3.73
7 October 2013	1.41	2.65	3.70
8 October 2013	1.43	2.66	3.70
9 October 2013	1.43	2.68	3.73
10 October 2013	1.44	2.71	3.75
11 October 2013	1.42	2.70	3.74
14 October 2013	ND	ND	ND
15 October 2013	1.45	2.75	3.78
16 October 2013	1.41	2.69	3.72
17 October 2013	1.35	2.61	3.66
18 October 2013	1.35	2.60	3.65
21 October 2013	1.38	2.63	3.68
22 October 2013	1.30	2.54	3.61
23 October 2013	1.30	2.51	3.59
24 October 2013	1.32	2.53	3.61
25 October 2013	1.30	2.53	3.60
28 October 2013	1.31	2.54	3.61
29 October 2013	1.29	2.53	3.62
30 October 2013	1.30	2.55	3.63
31 October 2013	1.31	2.57	3.63
1 November 2013	1.37	2.65	3.69
4 November 2013	1.36	2.63	3.70
5 November 2013	1.39	2.69	3.76
6 November 2013	1.34	2.67	3.77
7 November 2013	1.31	2.63	3.71
8 November 2013	1.42	2.77	3.84
11 November 2013	ND	ND	ND
12 November 2013	1.47	2.80	3.86
13 November 2013	1.41	2.75	3.83
14 November 2013	1.34	2.69	3.79
15 November 2013	1.36	2.71	3.80
18 November 2013	1.33	2.67	3.76
19 November 2013	1.37	2.71	3.80
20 November 2013	1.39	2.80	3.90
21 November 2013	1.38	2.79	3.89
22 November 2013	1.37	2.75	3.84
25 November 2013	1.37	2.74	3.83
26 November 2013	1.34	2.71	3.80
27 November 2013	1.36	2.74	3.81
28 November 2013	ND	ND	ND
29 November 2013	1.37	2.75	3.82
2 December 2013	1.43	2.81	3.86
3 December 2013	1.40	2.79	3.84
4 December 2013	1.45	2.84	3.90
5 December 2013	1.49	2.88	3.92
6 December 2013	1.51	2.88	3.90
9 December 2013	1.50	2.86	3.88
10 December 2013	1.46	2.81	3.83
11 December 2013	1.50	2.86	3.87
12 December 2013	1.55	2.89	3.91
13 December 2013	1.55	2.88	3.88
16 December 2013	1.55	2.89	3.90
17 December 2013	1.52	2.85	3.88
18 December 2013	1.55	2.89	3.90
19 December 2013	1.63	2.94	3.91
20 December 2013	1.66	2.89	3.82
23 December 2013	1.68	2.94	3.85
24 December 2013	1.73	2.99	3.90
25 December 2013	ND	ND	ND
26 December 2013	1.74	3.00	3.92
27 December 2013	1.74	3.02	3.94
30 December 2013	1.71	2.99	3.90
31 December 2013	1.75	3.04	3.96
1 January 2014	ND	ND	ND
2 January 2014	1.72	3.00	3.92
3 January 2014	1.73	3.01	3.93
6 January 2014	1.70	2.98	3.90
7 January 2014	1.69	2.96	3.88
8 January 2014	1.77	3.01	3.90
9 January 2014	1.75	2.97	3.88
10 January 2014	1.64	2.88	3.80
13 January 2014	1.60	2.84	3.77
14 January 2014	1.65	2.88	3.80
15 January 2014	1.68	2.90	3.81
16 January 2014	1.66	2.86	3.77
17 January 2014	1.64	2.84	3.75
20 January 2014	ND	ND	ND
21 January 2014	1.67	2.85	3.74
22 January 2014	1.72	2.87	3.75
23 January 2014	1.62	2.79	3.68
24 January 2014	1.58	2.75	3.64
27 January 2014	1.61	2.78	3.67
28 January 2014	1.59	2.77	3.68
29 January 2014	1.52	2.69	3.62
30 January 2014	1.55	2.72	3.65
31 January 2014	1.49	2.67	3.61
3 February 2014	1.44	2.61	3.55
4 February 2014	1.46	2.64	3.59
5 February 2014	1.50	2.70	3.66
6 February 2014	1.52	2.73	3.67
7 February 2014	1.47	2.71	3.67
10 February 2014	1.48	2.70	3.66
11 February 2014	1.54	2.75	3.69
12 February 2014	1.59	2.80	3.72
13 February 2014	1.51	2.73	3.70
14 February 2014	1.53	2.75	3.69
17 February 2014	ND	ND	ND
18 February 2014	1.50	2.71	3.68
19 February 2014	1.53	2.73	3.71
20 February 2014	1.57	2.76	3.73
21 February 2014	1.56	2.73	3.69
24 February 2014	1.57	2.75	3.70
25 February 2014	1.53	2.70	3.66
26 February 2014	1.50	2.67	3.63
27 February 2014	1.49	2.65	3.60
28 February 2014	1.51	2.66	3.59
3 March 2014	1.46	2.60	3.55
4 March 2014	1.54	2.70	3.64
5 March 2014	1.54	2.70	3.64
6 March 2014	1.57	2.74	3.68
7 March 2014	1.65	2.80	3.72
10 March 2014	1.64	2.79	3.73
11 March 2014	1.62	2.77	3.70
12 March 2014	1.59	2.73	3.66
13 March 2014	1.53	2.66	3.60
14 March 2014	1.55	2.65	3.59
17 March 2014	1.58	2.70	3.63
18 March 2014	1.56	2.68	3.62
19 March 2014	1.75	2.78	3.66
20 March 2014	1.73	2.79	3.67
21 March 2014	1.73	2.75	3.61
24 March 2014	1.76	2.74	3.57
25 March 2014	1.76	2.75	3.59
26 March 2014	1.70	2.71	3.55
27 March 2014	1.70	2.69	3.52
28 March 2014	1.74	2.73	3.55
31 March 2014	1.73	2.73	3.56
1 April 2014	1.74	2.77	3.60
2 April 2014	1.80	2.82	3.65
3 April 2014	1.79	2.80	3.62
4 April 2014	1.71	2.74	3.59
7 April 2014	1.68	2.71	3.56
8 April 2014	1.67	2.69	3.54
9 April 2014	1.65	2.71	3.57
10 April 2014	1.59	2.65	3.52
11 April 2014	1.58	2.63	3.48
14 April 2014	1.61	2.65	3.48
15 April 2014	1.63	2.64	3.46
16 April 2014	1.67	2.65	3.45
17 April 2014	1.75	2.73	3.52
18 April 2014	ND	ND	ND
21 April 2014	1.74	2.73	3.52
22 April 2014	1.76	2.73	3.50
23 April 2014	1.73	2.70	3.47
24 April 2014	1.74	2.70	3.46
25 April 2014	1.72	2.68	3.45
28 April 2014	1.73	2.70	3.47
29 April 2014	1.74	2.71	3.49
30 April 2014	1.69	2.67	3.47
1 May 2014	1.66	2.63	3.41
2 May 2014	1.67	2.60	3.37
5 May 2014	1.68	2.63	3.41
6 May 2014	1.68	2.61	3.38
7 May 2014	1.65	2.62	3.40
8 May 2014	1.63	2.61	3.45
9 May 2014	1.63	2.62	3.47
12 May 2014	1.67	2.66	3.49
13 May 2014	1.62	2.61	3.45
14 May 2014	1.57	2.54	3.37
15 May 2014	1.55	2.50	3.33
16 May 2014	1.56	2.52	3.34
19 May 2014	1.56	2.54	3.39
20 May 2014	1.53	2.52	3.38
21 May 2014	1.55	2.54	3.42
22 May 2014	1.57	2.56	3.43
23 May 2014	1.55	2.54	3.40
26 May 2014	ND	ND	ND
27 May 2014	1.56	2.52	3.37
28 May 2014	1.50	2.44	3.29
29 May 2014	1.52	2.45	3.31
30 May 2014	1.54	2.48	3.33
2 June 2014	1.60	2.54	3.38
3 June 2014	1.65	2.60	3.43
4 June 2014	1.65	2.61	3.45
5 June 2014	1.63	2.59	3.44
6 June 2014	1.66	2.60	3.44
9 June 2014	1.69	2.62	3.45
10 June 2014	1.71	2.64	3.47
11 June 2014	1.70	2.65	3.47
12 June 2014	1.66	2.58	3.41
13 June 2014	1.70	2.60	3.41
16 June 2014	1.71	2.61	3.40
17 June 2014	1.77	2.66	3.44
18 June 2014	1.71	2.61	3.43
19 June 2014	1.71	2.64	3.47
20 June 2014	1.71	2.63	3.44
23 June 2014	1.72	2.63	3.45
24 June 2014	1.70	2.59	3.41
25 June 2014	1.68	2.57	3.38
26 June 2014	1.64	2.53	3.35
27 June 2014	1.64	2.54	3.36
30 June 2014	1.62	2.53	3.34
1 July 2014	1.66	2.58	3.40
2 July 2014	1.71	2.64	3.46
3 July 2014	1.74	2.65	3.47
4 July 2014	ND	ND	ND
7 July 2014	1.74	2.63	3.44
8 July 2014	1.70	2.58	3.38
9 July 2014	1.68	2.57	3.37
10 July 2014	1.66	2.55	3.38
11 July 2014	1.65	2.53	3.34
14 July 2014	1.68	2.55	3.36
15 July 2014	1.70	2.56	3.37
16 July 2014	1.71	2.55	3.35
17 July 2014	1.65	2.47	3.27
18 July 2014	1.69	2.50	3.29
21 July 2014	1.70	2.49	3.26
22 July 2014	1.68	2.48	3.25
23 July 2014	1.67	2.48	3.26
24 July 2014	1.72	2.52	3.30
25 July 2014	1.69	2.48	3.24
28 July 2014	1.73	2.50	3.26
29 July 2014	1.70	2.47	3.22
30 July 2014	1.77	2.57	3.31
31 July 2014	1.76	2.58	3.32
1 August 2014	1.67	2.52	3.29
4 August 2014	1.66	2.51	3.30
5 August 2014	1.66	2.49	3.28
6 August 2014	1.66	2.49	3.27
7 August 2014	1.60	2.43	3.23
8 August 2014	1.62	2.44	3.23
11 August 2014	1.62	2.44	3.24
12 August 2014	1.63	2.46	3.27
13 August 2014	1.59	2.43	3.24
14 August 2014	1.58	2.40	3.20
15 August 2014	1.55	2.34	3.13
18 August 2014	1.58	2.39	3.20
19 August 2014	1.59	2.40	3.21
20 August 2014	1.65	2.43	3.22
21 August 2014	1.64	2.41	3.19
22 August 2014	1.68	2.40	3.16
25 August 2014	1.69	2.39	3.13
26 August 2014	1.68	2.39	3.15
27 August 2014	1.65	2.37	3.11
28 August 2014	1.63	2.34	3.08
29 August 2014	1.63	2.35	3.09
1 September 2014	ND	ND	ND
2 September 2014	1.69	2.42	3.17
3 September 2014	1.69	2.41	3.15
4 September 2014	1.71	2.45	3.21
5 September 2014	1.69	2.46	3.23
8 September 2014	1.72	2.48	3.23
9 September 2014	1.76	2.50	3.23
10 September 2014	1.79	2.54	3.26
11 September 2014	1.79	2.54	3.27
12 September 2014	1.83	2.62	3.35
15 September 2014	1.80	2.60	3.34
16 September 2014	1.78	2.60	3.36
17 September 2014	1.82	2.62	3.37
18 September 2014	1.85	2.63	3.36
19 September 2014	1.83	2.59	3.29
22 September 2014	1.80	2.57	3.28
23 September 2014	1.78	2.54	3.25
24 September 2014	1.82	2.57	3.28
25 September 2014	1.75	2.52	3.22
26 September 2014	1.80	2.54	3.22
29 September 2014	1.77	2.50	3.18
30 September 2014	1.78	2.52	3.21
1 October 2014	1.69	2.42	3.12
2 October 2014	1.70	2.44	3.15
3 October 2014	1.73	2.45	3.13
6 October 2014	1.70	2.43	3.12
7 October 2014	1.64	2.36	3.06
8 October 2014	1.57	2.35	3.07
9 October 2014	1.58	2.34	3.07
10 October 2014	1.55	2.31	3.03
13 October 2014	ND	ND	ND
14 October 2014	1.45	2.21	2.95
15 October 2014	1.37	2.15	2.92
16 October 2014	1.39	2.17	2.94
17 October 2014	1.44	2.22	2.98
20 October 2014	1.41	2.20	2.96
21 October 2014	1.44	2.23	3.00
22 October 2014	1.46	2.25	3.01
23 October 2014	1.52	2.29	3.05
24 October 2014	1.52	2.29	3.05
27 October 2014	1.51	2.27	3.04
28 October 2014	1.53	2.30	3.06
29 October 2014	1.61	2.34	3.06
30 October 2014	1.58	2.32	3.04
31 October 2014	1.62	2.35	3.07
3 November 2014	1.63	2.36	3.07
4 November 2014	1.63	2.35	3.05
5 November 2014	1.63	2.36	3.06
6 November 2014	1.67	2.39	3.09
7 November 2014	1.60	2.32	3.04
10 November 2014	1.65	2.38	3.09
11 November 2014	ND	ND	ND
12 November 2014	1.65	2.37	3.09
13 November 2014	1.64	2.35	3.08
14 November 2014	1.62	2.32	3.04
17 November 2014	1.64	2.34	3.06
18 November 2014	1.63	2.32	3.05
19 November 2014	1.66	2.36	3.08
20 November 2014	1.64	2.34	3.05
21 November 2014	1.63	2.31	3.02
24 November 2014	1.62	2.30	3.01
25 November 2014	1.58	2.27	2.97
26 November 2014	1.56	2.24	2.95
27 November 2014	ND	ND	ND
28 November 2014	1.49	2.18	2.89
1 December 2014	1.52	2.22	2.95
2 December 2014	1.59	2.28	3.00
3 December 2014	1.61	2.29	2.99
4 December 2014	1.59	2.25	2.94
5 December 2014	1.69	2.31	2.97
8 December 2014	1.67	2.26	2.90
9 December 2014	1.63	2.22	2.87
10 December 2014	1.58	2.18	2.83
11 December 2014	1.62	2.19	2.84
12 December 2014	1.53	2.10	2.75
15 December 2014	1.58	2.12	2.74
16 December 2014	1.53	2.07	2.69
17 December 2014	1.61	2.14	2.74
18 December 2014	1.68	2.22	2.82
19 December 2014	1.66	2.17	2.77
22 December 2014	1.67	2.17	2.75
23 December 2014	1.76	2.26	2.85
24 December 2014	1.76	2.27	2.83
25 December 2014	ND	ND	ND
26 December 2014	1.75	2.25	2.81
29 December 2014	1.72	2.22	2.78
30 December 2014	1.68	2.20	2.76
31 December 2014	1.65	2.17	2.75
1 January 2015	ND	ND	ND
2 January 2015	1.61	2.12	2.69
5 January 2015	1.57	2.04	2.60
6 January 2015	1.50	1.97	2.52
7 January 2015	1.47	1.96	2.52
8 January 2015	1.50	2.03	2.59
9 January 2015	1.45	1.98	2.55
12 January 2015	1.39	1.92	2.49
13 January 2015	1.37	1.91	2.49
14 January 2015	1.33	1.86	2.47
15 January 2015	1.22	1.77	2.40
16 January 2015	1.29	1.83	2.44
19 January 2015	ND	ND	ND
20 January 2015	1.31	1.82	2.39
21 January 2015	1.35	1.87	2.44
22 January 2015	1.39	1.90	2.46
23 January 2015	1.33	1.81	2.38
26 January 2015	1.36	1.83	2.40
27 January 2015	1.34	1.83	2.40
28 January 2015	1.25	1.73	2.29
29 January 2015	1.28	1.77	2.33
30 January 2015	1.18	1.68	2.25
2 February 2015	1.19	1.68	2.25
3 February 2015	1.28	1.79	2.37
4 February 2015	1.29	1.81	2.39
5 February 2015	1.30	1.83	2.42
6 February 2015	1.48	1.95	2.51
9 February 2015	1.49	1.96	2.52
10 February 2015	1.52	2.01	2.58
11 February 2015	1.53	2.00	2.57
12 February 2015	1.50	1.99	2.58
13 February 2015	1.53	2.02	2.63
16 February 2015	ND	ND	ND
17 February 2015	1.62	2.14	2.73
18 February 2015	1.52	2.07	2.70
19 February 2015	1.58	2.11	2.73
20 February 2015	1.61	2.13	2.73
23 February 2015	1.56	2.06	2.66
24 February 2015	1.47	1.99	2.60
25 February 2015	1.47	1.96	2.56
26 February 2015	1.54	2.03	2.63
27 February 2015	1.50	2.00	2.60
2 March 2015	1.57	2.08	2.68
3 March 2015	1.61	2.12	2.71
4 March 2015	1.60	2.12	2.72
5 March 2015	1.57	2.11	2.71
6 March 2015	1.70	2.24	2.83
9 March 2015	1.66	2.20	2.80
10 March 2015	1.62	2.14	2.73
11 March 2015	1.60	2.11	2.69
12 March 2015	1.59	2.10	2.69
13 March 2015	1.60	2.13	2.70
16 March 2015	1.57	2.10	2.67
17 March 2015	1.56	2.06	2.61
18 March 2015	1.41	1.93	2.51
19 March 2015	1.48	1.98	2.54
20 March 2015	1.42	1.93	2.50
23 March 2015	1.41	1.92	2.51
24 March 2015	1.37	1.88	2.46
25 March 2015	1.41	1.93	2.50
26 March 2015	1.47	2.01	2.60
27 March 2015	1.42	1.95	2.53
30 March 2015	1.41	1.96	2.55
31 March 2015	1.37	1.94	2.54
1 April 2015	1.32	1.87	2.47
2 April 2015	1.35	1.92	2.53
3 April 2015	1.26	1.85	2.49
6 April 2015	1.31	1.92	2.57
7 April 2015	1.32	1.89	2.52
8 April 2015	1.35	1.92	2.53
9 April 2015	1.40	1.97	2.61
10 April 2015	1.41	1.96	2.58
13 April 2015	1.38	1.94	2.58
14 April 2015	1.34	1.90	2.54
15 April 2015	1.33	1.91	2.55
16 April 2015	1.31	1.90	2.56
17 April 2015	1.31	1.87	2.51
20 April 2015	1.33	1.90	2.56
21 April 2015	1.35	1.92	2.58
22 April 2015	1.41	1.99	2.66
23 April 2015	1.37	1.96	2.63
24 April 2015	1.34	1.93	2.62
27 April 2015	1.36	1.94	2.61
28 April 2015	1.39	2.00	2.68
29 April 2015	1.43	2.06	2.76
30 April 2015	1.43	2.05	2.75
1 May 2015	1.50	2.12	2.82
4 May 2015	1.51	2.16	2.88
5 May 2015	1.54	2.19	2.90
6 May 2015	1.58	2.25	2.98
7 May 2015	1.55	2.18	2.90
8 May 2015	1.50	2.16	2.90
11 May 2015	1.59	2.28	3.03
12 May 2015	1.58	2.28	3.02
13 May 2015	1.57	2.27	3.07
14 May 2015	1.51	2.23	3.03
15 May 2015	1.46	2.14	2.93
18 May 2015	1.54	2.23	3.02
19 May 2015	1.60	2.27	3.05
20 May 2015	1.57	2.26	3.06
21 May 2015	1.53	2.19	2.98
22 May 2015	1.57	2.21	2.99
25 May 2015	ND	ND	ND
26 May 2015	1.54	2.14	2.89
27 May 2015	1.53	2.14	2.88
28 May 2015	1.51	2.13	2.89
29 May 2015	1.49	2.12	2.88
1 June 2015	1.55	2.19	2.94
2 June 2015	1.61	2.27	3.02
3 June 2015	1.69	2.38	3.11
4 June 2015	1.65	2.31	3.03
5 June 2015	1.75	2.41	3.11
8 June 2015	1.72	2.39	3.11
9 June 2015	1.74	2.42	3.15
10 June 2015	1.80	2.50	3.22
11 June 2015	1.74	2.39	3.11
12 June 2015	1.75	2.39	3.10
15 June 2015	1.71	2.36	3.09
16 June 2015	1.68	2.32	3.06
17 June 2015	1.63	2.32	3.09
18 June 2015	1.65	2.35	3.14
19 June 2015	1.59	2.26	3.05
22 June 2015	1.68	2.37	3.16
23 June 2015	1.71	2.42	3.20
24 June 2015	1.69	2.38	3.16
25 June 2015	1.70	2.40	3.16
26 June 2015	1.75	2.49	3.25
29 June 2015	1.62	2.33	3.09
30 June 2015	1.63	2.35	3.11
1 July 2015	1.70	2.43	3.20
2 July 2015	1.64	2.40	3.19
3 July 2015	ND	ND	ND
6 July 2015	1.56	2.30	3.08
7 July 2015	1.55	2.27	3.04
8 July 2015	1.50	2.22	2.99
9 July 2015	1.58	2.32	3.11
10 July 2015	1.68	2.42	3.20
13 July 2015	1.71	2.44	3.21
14 July 2015	1.67	2.41	3.20
15 July 2015	1.63	2.36	3.13
16 July 2015	1.66	2.36	3.11
17 July 2015	1.67	2.34	3.08
20 July 2015	1.72	2.38	3.10
21 July 2015	1.69	2.35	3.08
22 July 2015	1.69	2.33	3.04
23 July 2015	1.65	2.28	2.98
24 July 2015	1.64	2.27	2.96
27 July 2015	1.58	2.23	2.93
28 July 2015	1.61	2.26	2.96
29 July 2015	1.62	2.29	2.99
30 July 2015	1.62	2.28	2.96
31 July 2015	1.54	2.20	2.92
3 August 2015	1.52	2.16	2.86
4 August 2015	1.60	2.23	2.90
5 August 2015	1.65	2.28	2.94
6 August 2015	1.62	2.23	2.90
7 August 2015	1.59	2.18	2.83
10 August 2015	1.62	2.24	2.89
11 August 2015	1.53	2.15	2.81
12 August 2015	1.52	2.14	2.84
13 August 2015	1.58	2.19	2.86
14 August 2015	1.61	2.20	2.84
17 August 2015	1.58	2.16	2.81
18 August 2015	1.60	2.20	2.87
19 August 2015	1.50	2.12	2.81
20 August 2015	1.50	2.09	2.76
21 August 2015	1.44	2.05	2.74
24 August 2015	1.39	2.01	2.73
25 August 2015	1.48	2.12	2.84
26 August 2015	1.49	2.18	2.94
27 August 2015	1.49	2.18	2.93
28 August 2015	1.52	2.19	2.92
31 August 2015	1.54	2.21	2.95
1 September 2015	1.49	2.17	2.93
2 September 2015	1.52	2.20	2.97
3 September 2015	1.49	2.18	2.95
4 September 2015	1.47	2.13	2.89
7 September 2015	ND	ND	ND
8 September 2015	1.53	2.20	2.97
9 September 2015	1.53	2.21	2.96
10 September 2015	1.55	2.23	2.98
11 September 2015	1.52	2.20	2.95
14 September 2015	1.51	2.18	2.95
15 September 2015	1.61	2.28	3.06
16 September 2015	1.62	2.30	3.08
17 September 2015	1.50	2.21	3.02
18 September 2015	1.45	2.13	2.93
21 September 2015	1.51	2.20	3.02
22 September 2015	1.44	2.14	2.94
23 September 2015	1.47	2.16	2.95
24 September 2015	1.44	2.13	2.91
25 September 2015	1.48	2.17	2.96
28 September 2015	1.42	2.10	2.87
29 September 2015	1.37	2.05	2.85
30 September 2015	1.37	2.06	2.87
1 October 2015	1.37	2.05	2.85
2 October 2015	1.29	1.99	2.82
5 October 2015	1.35	2.07	2.90
6 October 2015	1.34	2.05	2.88
7 October 2015	1.37	2.08	2.89
8 October 2015	1.40	2.12	2.96
9 October 2015	1.41	2.12	2.94
12 October 2015	ND	ND	ND
13 October 2015	1.36	2.06	2.89
14 October 2015	1.29	1.99	2.84
15 October 2015	1.34	2.04	2.87
16 October 2015	1.36	2.04	2.87
19 October 2015	1.35	2.04	2.89
20 October 2015	1.40	2.08	2.92
21 October 2015	1.37	2.04	2.87
22 October 2015	1.36	2.04	2.87
23 October 2015	1.43	2.09	2.90
26 October 2015	1.41	2.07	2.87
27 October 2015	1.38	2.05	2.86
28 October 2015	1.47	2.10	2.87
29 October 2015	1.53	2.19	2.96
30 October 2015	1.52	2.16	2.93
2 November 2015	1.57	2.20	2.95
3 November 2015	1.59	2.23	3.00
4 November 2015	1.64	2.25	3.00
5 November 2015	1.65	2.26	3.01
6 November 2015	1.73	2.34	3.09
9 November 2015	1.75	2.36	3.12
10 November 2015	1.72	2.32	3.10
11 November 2015	ND	ND	ND
12 November 2015	1.73	2.32	3.09
13 November 2015	1.67	2.28	3.06
16 November 2015	1.66	2.27	3.07
17 November 2015	1.66	2.25	3.04
18 November 2015	1.69	2.27	3.04
19 November 2015	1.68	2.24	3.00
20 November 2015	1.70	2.26	3.02
23 November 2015	1.70	2.25	3.00
24 November 2015	1.66	2.24	3.00
25 November 2015	1.66	2.23	3.00
26 November 2015	ND	ND	ND
27 November 2015	1.64	2.22	3.00
30 November 2015	1.65	2.21	2.98
1 December 2015	1.59	2.15	2.91
2 December 2015	1.63	2.18	2.91
3 December 2015	1.74	2.33	3.07
4 December 2015	1.71	2.28	3.01
7 December 2015	1.67	2.23	2.95
8 December 2015	1.68	2.24	2.97
9 December 2015	1.64	2.22	2.97
10 December 2015	1.68	2.24	2.98
11 December 2015	1.56	2.13	2.87
14 December 2015	1.66	2.23	2.96
15 December 2015	1.71	2.28	3.00
16 December 2015	1.75	2.30	3.02
17 December 2015	1.73	2.24	2.94
18 December 2015	1.67	2.19	2.90
21 December 2015	1.67	2.20	2.92
22 December 2015	1.71	2.24	2.96
23 December 2015	1.74	2.27	3.00
24 December 2015	1.73	2.25	2.96
25 December 2015	ND	ND	ND
28 December 2015	1.73	2.24	2.95
29 December 2015	1.81	2.32	3.04
30 December 2015	1.80	2.31	3.04
31 December 2015	1.76	2.27	3.01
1 January 2016	ND	ND	ND
4 January 2016	1.73	2.24	2.98
5 January 2016	1.73	2.25	3.01
6 January 2016	1.65	2.18	2.94
7 January 2016	1.61	2.16	2.92
8 January 2016	1.57	2.13	2.91
11 January 2016	1.58	2.17	2.96
12 January 2016	1.55	2.12	2.89
13 January 2016	1.51	2.08	2.85
14 January 2016	1.52	2.10	2.90
15 January 2016	1.46	2.03	2.81
18 January 2016	ND	ND	ND
19 January 2016	1.49	2.06	2.82
20 January 2016	1.44	2.01	2.77
21 January 2016	1.44	2.02	2.79
22 January 2016	1.49	2.07	2.83
25 January 2016	1.47	2.03	2.80
26 January 2016	1.45	2.01	2.79
27 January 2016	1.43	2.02	2.80
28 January 2016	1.40	2.00	2.79
29 January 2016	1.33	1.94	2.75
1 February 2016	1.38	1.97	2.77
2 February 2016	1.28	1.87	2.67
3 February 2016	1.27	1.88	2.70
4 February 2016	1.25	1.87	2.70
5 February 2016	1.25	1.86	2.68
8 February 2016	1.16	1.75	2.56
9 February 2016	1.15	1.74	2.55
10 February 2016	1.15	1.71	2.53
11 February 2016	1.11	1.63	2.50
12 February 2016	1.20	1.74	2.60
15 February 2016	ND	ND	ND
16 February 2016	1.23	1.78	2.64
17 February 2016	1.26	1.81	2.68
18 February 2016	1.21	1.75	2.62
19 February 2016	1.24	1.76	2.61
22 February 2016	1.25	1.77	2.62
23 February 2016	1.23	1.74	2.60
24 February 2016	1.21	1.75	2.61
25 February 2016	1.16	1.71	2.58
26 February 2016	1.23	1.76	2.63
29 February 2016	1.22	1.74	2.61
1 March 2016	1.31	1.83	2.70
2 March 2016	1.34	1.84	2.69
3 March 2016	1.33	1.83	2.65
4 March 2016	1.38	1.88	2.70
7 March 2016	1.42	1.91	2.71
8 March 2016	1.34	1.83	2.63
9 March 2016	1.39	1.90	2.68
10 March 2016	1.45	1.93	2.70
11 March 2016	1.49	1.98	2.75
14 March 2016	1.49	1.97	2.74
15 March 2016	1.50	1.97	2.73
16 March 2016	1.41	1.94	2.73
17 March 2016	1.39	1.91	2.69
18 March 2016	1.34	1.88	2.68
21 March 2016	1.38	1.92	2.72
22 March 2016	1.42	1.94	2.72
23 March 2016	1.37	1.88	2.65
24 March 2016	1.39	1.91	2.67
25 March 2016	ND	ND	ND
28 March 2016	1.37	1.89	2.66
29 March 2016	1.29	1.81	2.60
30 March 2016	1.26	1.83	2.65
31 March 2016	1.21	1.78	2.61
1 April 2016	1.24	1.79	2.62
4 April 2016	1.22	1.78	2.60
5 April 2016	1.17	1.73	2.54
6 April 2016	1.20	1.76	2.58
7 April 2016	1.14	1.70	2.52
8 April 2016	1.16	1.72	2.55
11 April 2016	1.16	1.73	2.56
12 April 2016	1.22	1.79	2.61
13 April 2016	1.22	1.77	2.58
14 April 2016	1.26	1.80	2.61
15 April 2016	1.22	1.76	2.56
18 April 2016	1.24	1.78	2.58
19 April 2016	1.26	1.79	2.60
20 April 2016	1.32	1.85	2.66
21 April 2016	1.35	1.88	2.69
22 April 2016	1.37	1.89	2.70
25 April 2016	1.38	1.91	2.72
26 April 2016	1.40	1.94	2.76
27 April 2016	1.33	1.87	2.71
28 April 2016	1.28	1.84	2.68
29 April 2016	1.28	1.83	2.66
2 May 2016	1.32	1.88	2.71
3 May 2016	1.25	1.81	2.66
4 May 2016	1.23	1.79	2.64
5 May 2016	1.20	1.76	2.60
6 May 2016	1.23	1.79	2.62
9 May 2016	1.20	1.77	2.61
10 May 2016	1.20	1.77	2.61
11 May 2016	1.20	1.73	2.58
12 May 2016	1.24	1.75	2.60
13 May 2016	1.22	1.71	2.55
16 May 2016	1.26	1.75	2.59
17 May 2016	1.29	1.76	2.59
18 May 2016	1.41	1.87	2.67
19 May 2016	1.38	1.85	2.64
20 May 2016	1.38	1.85	2.63
23 May 2016	1.38	1.84	2.63
24 May 2016	1.41	1.86	2.65
25 May 2016	1.40	1.87	2.67
26 May 2016	1.35	1.83	2.64
27 May 2016	1.39	1.85	2.65
30 May 2016	ND	ND	ND
31 May 2016	1.37	1.84	2.64
1 June 2016	1.39	1.85	2.63
2 June 2016	1.36	1.81	2.58
3 June 2016	1.23	1.71	2.52
6 June 2016	1.25	1.73	2.55
7 June 2016	1.23	1.72	2.54
8 June 2016	1.23	1.71	2.51
9 June 2016	1.22	1.68	2.48
10 June 2016	1.17	1.64	2.44
13 June 2016	1.14	1.62	2.43
14 June 2016	1.15	1.62	2.43
15 June 2016	1.10	1.60	2.43
16 June 2016	1.10	1.57	2.39
17 June 2016	1.13	1.62	2.43
20 June 2016	1.17	1.67	2.47
21 June 2016	1.22	1.71	2.50
22 June 2016	1.20	1.69	2.50
23 June 2016	1.25	1.74	2.55
24 June 2016	1.08	1.57	2.42
27 June 2016	1.00	1.46	2.28
28 June 2016	1.00	1.46	2.27
29 June 2016	1.03	1.50	2.30
30 June 2016	1.01	1.49	2.30
1 July 2016	1.00	1.46	2.24
4 July 2016	ND	ND	ND
5 July 2016	0.94	1.37	2.14
6 July 2016	0.95	1.38	2.14
7 July 2016	0.97	1.40	2.14
8 July 2016	0.95	1.37	2.11
11 July 2016	1.03	1.43	2.14
12 July 2016	1.10	1.53	2.24
13 July 2016	1.07	1.48	2.18
14 July 2016	1.10	1.53	2.25
15 July 2016	1.15	1.60	2.30
18 July 2016	1.14	1.59	2.30
19 July 2016	1.12	1.56	2.27
20 July 2016	1.15	1.59	2.30
21 July 2016	1.11	1.57	2.29
22 July 2016	1.13	1.57	2.29
25 July 2016	1.15	1.58	2.29
26 July 2016	1.15	1.57	2.28
27 July 2016	1.10	1.52	2.23
28 July 2016	1.09	1.52	2.23
29 July 2016	1.03	1.46	2.18
1 August 2016	1.06	1.51	2.24
2 August 2016	1.07	1.55	2.29
3 August 2016	1.07	1.55	2.29
4 August 2016	1.03	1.51	2.25
5 August 2016	1.13	1.59	2.32
8 August 2016	1.15	1.59	2.30
9 August 2016	1.11	1.55	2.25
10 August 2016	1.07	1.50	2.23
11 August 2016	1.16	1.57	2.28
12 August 2016	1.10	1.51	2.23
15 August 2016	1.14	1.55	2.27
16 August 2016	1.16	1.57	2.29
17 August 2016	1.15	1.56	2.27
18 August 2016	1.12	1.53	2.26
19 August 2016	1.17	1.58	2.29
22 August 2016	1.15	1.55	2.24
23 August 2016	1.15	1.55	2.24
24 August 2016	1.13	1.56	2.24
25 August 2016	1.16	1.58	2.27
26 August 2016	1.23	1.62	2.29
29 August 2016	1.18	1.57	2.22
30 August 2016	1.18	1.57	2.23
31 August 2016	1.19	1.58	2.23
1 September 2016	1.18	1.57	2.23
2 September 2016	1.20	1.60	2.28
5 September 2016	ND	ND	ND
6 September 2016	1.13	1.55	2.24
7 September 2016	1.12	1.54	2.23
8 September 2016	1.19	1.61	2.32
9 September 2016	1.23	1.67	2.39
12 September 2016	1.21	1.68	2.40
13 September 2016	1.26	1.73	2.47
14 September 2016	1.21	1.70	2.44
15 September 2016	1.20	1.71	2.48
16 September 2016	1.21	1.70	2.44
19 September 2016	1.22	1.70	2.45
20 September 2016	1.20	1.69	2.43
21 September 2016	1.20	1.66	2.39
22 September 2016	1.18	1.63	2.34
23 September 2016	1.16	1.62	2.34
26 September 2016	1.13	1.59	2.32
27 September 2016	1.12	1.56	2.28
28 September 2016	1.13	1.57	2.29
29 September 2016	1.12	1.56	2.28
30 September 2016	1.14	1.60	2.32
3 October 2016	1.18	1.63	2.34
4 October 2016	1.22	1.69	2.40
5 October 2016	1.26	1.72	2.44
6 October 2016	1.28	1.75	2.46
7 October 2016	1.26	1.73	2.46
10 October 2016	ND	ND	ND
11 October 2016	1.30	1.77	2.50
12 October 2016	1.31	1.79	2.51
13 October 2016	1.27	1.75	2.48
14 October 2016	1.28	1.80	2.55
17 October 2016	1.26	1.77	2.52
18 October 2016	1.24	1.75	2.51
19 October 2016	1.24	1.76	2.51
20 October 2016	1.26	1.76	2.50
21 October 2016	1.25	1.74	2.48
24 October 2016	1.27	1.77	2.52
25 October 2016	1.29	1.77	2.50
26 October 2016	1.30	1.79	2.53
27 October 2016	1.33	1.85	2.60
28 October 2016	1.33	1.86	2.62
31 October 2016	1.31	1.84	2.58
1 November 2016	1.30	1.83	2.58
2 November 2016	1.26	1.81	2.56
3 November 2016	1.26	1.82	2.60
4 November 2016	1.24	1.79	2.56
7 November 2016	1.29	1.83	2.60
8 November 2016	1.34	1.88	2.63
9 November 2016	1.49	2.07	2.88
10 November 2016	1.56	2.15	2.94
11 November 2016	ND	ND	ND
14 November 2016	1.66	2.23	2.99
15 November 2016	1.68	2.23	2.97
16 November 2016	1.68	2.22	2.92
17 November 2016	1.73	2.29	3.01
18 November 2016	1.80	2.34	3.01
21 November 2016	1.79	2.33	3.00
22 November 2016	1.77	2.31	3.00
23 November 2016	1.83	2.36	3.02
24 November 2016	ND	ND	ND
25 November 2016	1.83	2.36	3.01
28 November 2016	1.80	2.32	2.99
29 November 2016	1.78	2.30	2.95
30 November 2016	1.83	2.37	3.02
1 December 2016	1.90	2.45	3.10
2 December 2016	1.84	2.40	3.08
5 December 2016	1.84	2.39	3.05
6 December 2016	1.84	2.39	3.08
7 December 2016	1.80	2.34	3.02
8 December 2016	1.83	2.40	3.10
9 December 2016	1.89	2.47	3.16
12 December 2016	1.90	2.49	3.16
13 December 2016	1.92	2.48	3.14
14 December 2016	2.02	2.54	3.14
15 December 2016	2.10	2.60	3.16
16 December 2016	2.07	2.60	3.19
19 December 2016	2.03	2.54	3.12
20 December 2016	2.06	2.57	3.15
21 December 2016	2.04	2.55	3.12
22 December 2016	2.04	2.55	3.12
23 December 2016	2.04	2.55	3.12
26 December 2016	ND	ND	ND
27 December 2016	2.07	2.57	3.14
28 December 2016	2.02	2.51	3.09
29 December 2016	1.96	2.49	3.08
30 December 2016	1.93	2.45	3.06
2 January 2017	ND	ND	ND
3 January 2017	1.94	2.45	3.04
4 January 2017	1.94	2.46	3.05
5 January 2017	1.86	2.37	2.96
6 January 2017	1.92	2.42	3.00
9 January 2017	1.89	2.38	2.97
10 January 2017	1.89	2.38	2.97
11 January 2017	1.89	2.38	2.96
12 January 2017	1.87	2.36	3.01
13 January 2017	1.90	2.40	2.99
16 January 2017	ND	ND	ND
17 January 2017	1.84	2.33	2.93
18 January 2017	1.93	2.42	3.00
19 January 2017	1.97	2.47	3.04
20 January 2017	1.95	2.48	3.05
23 January 2017	1.88	2.41	2.99
24 January 2017	1.94	2.47	3.05
25 January 2017	1.99	2.53	3.10
26 January 2017	1.95	2.51	3.08
27 January 2017	1.94	2.49	3.06
30 January 2017	1.94	2.49	3.08
31 January 2017	1.90	2.45	3.05
1 February 2017	1.93	2.48	3.08
2 February 2017	1.92	2.48	3.09
3 February 2017	1.93	2.49	3.11
6 February 2017	1.86	2.42	3.05
7 February 2017	1.85	2.40	3.02
8 February 2017	1.81	2.34	2.96
9 February 2017	1.88	2.40	3.02
10 February 2017	1.89	2.41	3.01
13 February 2017	1.92	2.43	3.03
14 February 2017	1.98	2.47	3.07
15 February 2017	2.01	2.51	3.09
16 February 2017	1.95	2.45	3.05
17 February 2017	1.92	2.42	3.03
20 February 2017	ND	ND	ND
21 February 2017	1.93	2.43	3.04
22 February 2017	1.92	2.42	3.04
23 February 2017	1.87	2.38	3.02
24 February 2017	1.80	2.31	2.95
27 February 2017	1.87	2.36	2.98
28 February 2017	1.89	2.36	2.97
1 March 2017	1.99	2.46	3.06
2 March 2017	2.03	2.49	3.09
3 March 2017	2.02	2.49	3.08
6 March 2017	2.02	2.49	3.10
7 March 2017	2.05	2.52	3.11
8 March 2017	2.08	2.57	3.15
9 March 2017	2.13	2.60	3.19
10 March 2017	2.11	2.58	3.16
13 March 2017	2.14	2.62	3.20
14 March 2017	2.13	2.60	3.17
15 March 2017	2.02	2.51	3.11
16 March 2017	2.05	2.53	3.14
17 March 2017	2.03	2.50	3.11
20 March 2017	2.00	2.47	3.08
21 March 2017	1.96	2.43	3.04
22 March 2017	1.95	2.40	3.02
23 March 2017	1.95	2.41	3.02
24 March 2017	1.93	2.40	3.00
27 March 2017	1.93	2.38	2.98
28 March 2017	1.97	2.42	3.02
29 March 2017	1.93	2.39	2.99
30 March 2017	1.96	2.42	3.03
31 March 2017	1.93	2.40	3.02
3 April 2017	1.88	2.35	2.98
4 April 2017	1.88	2.36	2.99
5 April 2017	1.85	2.34	2.98
6 April 2017	1.87	2.34	2.99
7 April 2017	1.92	2.38	3.00
10 April 2017	1.91	2.37	2.99
11 April 2017	1.84	2.32	2.93
12 April 2017	1.81	2.28	2.92
13 April 2017	1.77	2.24	2.89
14 April 2017	ND	ND	ND
17 April 2017	1.79	2.26	2.92
18 April 2017	1.71	2.18	2.84
19 April 2017	1.74	2.21	2.87
20 April 2017	1.78	2.24	2.89
21 April 2017	1.77	2.24	2.89
24 April 2017	1.81	2.28	2.93
25 April 2017	1.87	2.35	2.99
26 April 2017	1.84	2.32	2.97
27 April 2017	1.81	2.30	2.96
28 April 2017	1.81	2.29	2.96
1 May 2017	1.84	2.33	3.00
2 May 2017	1.81	2.29	2.97
3 May 2017	1.86	2.33	2.97
4 May 2017	1.88	2.36	3.00
5 May 2017	1.89	2.36	2.99
8 May 2017	1.91	2.39	3.02
9 May 2017	1.94	2.42	3.04
10 May 2017	1.94	2.41	3.03
11 May 2017	1.93	2.39	3.03
12 May 2017	1.85	2.33	2.98
15 May 2017	1.86	2.34	3.00
16 May 2017	1.86	2.33	2.99
17 May 2017	1.76	2.22	2.91
18 May 2017	1.78	2.23	2.90
19 May 2017	1.79	2.23	2.90
22 May 2017	1.80	2.25	2.91
23 May 2017	1.84	2.29	2.95
24 May 2017	1.79	2.26	2.92
25 May 2017	1.78	2.25	2.92
26 May 2017	1.79	2.25	2.92
29 May 2017	ND	ND	ND
30 May 2017	1.76	2.21	2.88
31 May 2017	1.75	2.21	2.87
1 June 2017	1.76	2.21	2.87
2 June 2017	1.71	2.15	2.80
5 June 2017	1.74	2.18	2.84
6 June 2017	1.71	2.14	2.81
7 June 2017	1.74	2.18	2.84
8 June 2017	1.75	2.19	2.85
9 June 2017	1.77	2.21	2.86
12 June 2017	1.78	2.21	2.86
13 June 2017	1.79	2.21	2.87
14 June 2017	1.74	2.15	2.79
15 June 2017	1.76	2.16	2.78
16 June 2017	1.75	2.16	2.78
19 June 2017	1.80	2.19	2.79
20 June 2017	1.77	2.16	2.74
21 June 2017	1.78	2.16	2.73
22 June 2017	1.76	2.15	2.72
23 June 2017	1.77	2.15	2.71
26 June 2017	1.77	2.14	2.70
27 June 2017	1.83	2.21	2.75
28 June 2017	1.81	2.22	2.77
29 June 2017	1.85	2.27	2.82
30 June 2017	1.89	2.31	2.84
3 July 2017	1.93	2.35	2.86
4 July 2017	ND	ND	ND
5 July 2017	1.92	2.33	2.85
6 July 2017	1.94	2.37	2.90
7 July 2017	1.95	2.39	2.93
10 July 2017	1.93	2.38	2.93
11 July 2017	1.92	2.37	2.92
12 July 2017	1.88	2.33	2.89
13 July 2017	1.89	2.35	2.92
14 July 2017	1.87	2.33	2.91
17 July 2017	1.86	2.31	2.89
18 July 2017	1.82	2.27	2.85
19 July 2017	1.83	2.27	2.85
20 July 2017	1.82	2.27	2.83
21 July 2017	1.81	2.24	2.81
24 July 2017	1.83	2.26	2.83
25 July 2017	1.90	2.33	2.91
26 July 2017	1.83	2.29	2.89
27 July 2017	1.84	2.32	2.93
28 July 2017	1.83	2.30	2.89
31 July 2017	1.84	2.30	2.89
1 August 2017	1.80	2.26	2.86
2 August 2017	1.82	2.27	2.85
3 August 2017	1.79	2.24	2.81
4 August 2017	1.82	2.27	2.84
7 August 2017	1.81	2.26	2.84
8 August 2017	1.84	2.29	2.86
9 August 2017	1.81	2.24	2.82
10 August 2017	1.78	2.20	2.79
11 August 2017	1.74	2.19	2.79
14 August 2017	1.77	2.22	2.81
15 August 2017	1.83	2.27	2.84
16 August 2017	1.79	2.23	2.81
17 August 2017	1.76	2.19	2.78
18 August 2017	1.77	2.19	2.78
21 August 2017	1.76	2.18	2.77
22 August 2017	1.80	2.22	2.79
23 August 2017	1.76	2.17	2.75
24 August 2017	1.78	2.19	2.77
25 August 2017	1.77	2.17	2.75
28 August 2017	1.74	2.16	2.76
29 August 2017	1.70	2.13	2.74
30 August 2017	1.72	2.15	2.75
31 August 2017	1.70	2.12	2.73
1 September 2017	1.73	2.16	2.77
4 September 2017	ND	ND	ND
5 September 2017	1.65	2.07	2.69
6 September 2017	1.69	2.10	2.72
7 September 2017	1.63	2.05	2.66
8 September 2017	1.64	2.06	2.67
11 September 2017	1.71	2.14	2.75
12 September 2017	1.75	2.17	2.78
13 September 2017	1.78	2.20	2.79
14 September 2017	1.79	2.20	2.77
15 September 2017	1.81	2.20	2.77
18 September 2017	1.83	2.23	2.80
19 September 2017	1.84	2.24	2.81
20 September 2017	1.89	2.28	2.82
21 September 2017	1.89	2.27	2.80
22 September 2017	1.88	2.26	2.80
25 September 2017	1.85	2.22	2.76
26 September 2017	1.87	2.24	2.78
27 September 2017	1.91	2.31	2.86
28 September 2017	1.89	2.31	2.87
29 September 2017	1.92	2.33	2.86
2 October 2017	1.94	2.34	2.87
3 October 2017	1.92	2.33	2.87
4 October 2017	1.92	2.33	2.87
5 October 2017	1.94	2.35	2.89
6 October 2017	1.97	2.37	2.91
9 October 2017	ND	ND	ND
10 October 2017	1.95	2.35	2.88
11 October 2017	1.95	2.35	2.88
12 October 2017	1.95	2.33	2.86
13 October 2017	1.91	2.28	2.81
16 October 2017	1.95	2.30	2.82
17 October 2017	1.97	2.30	2.80
18 October 2017	1.99	2.34	2.85
19 October 2017	1.98	2.33	2.83
20 October 2017	2.03	2.39	2.89
23 October 2017	2.01	2.38	2.89
24 October 2017	2.05	2.42	2.92
25 October 2017	2.06	2.44	2.95
26 October 2017	2.07	2.46	2.96
27 October 2017	2.03	2.42	2.93
30 October 2017	2.00	2.37	2.88
31 October 2017	2.01	2.38	2.88
1 November 2017	2.01	2.37	2.85
2 November 2017	2.00	2.35	2.83
3 November 2017	1.99	2.34	2.82
6 November 2017	1.99	2.32	2.80
7 November 2017	1.99	2.32	2.77
8 November 2017	2.01	2.32	2.79
9 November 2017	2.01	2.33	2.81
10 November 2017	2.06	2.40	2.88
13 November 2017	2.08	2.40	2.87
14 November 2017	2.06	2.38	2.84
15 November 2017	2.04	2.33	2.77
16 November 2017	2.07	2.37	2.81
17 November 2017	2.06	2.35	2.78
20 November 2017	2.09	2.37	2.78
21 November 2017	2.11	2.36	2.76
22 November 2017	2.05	2.32	2.75
23 November 2017	ND	ND	ND
24 November 2017	2.07	2.34	2.76
27 November 2017	2.06	2.32	2.76
28 November 2017	2.07	2.34	2.77
29 November 2017	2.09	2.37	2.81
30 November 2017	2.14	2.42	2.83
1 December 2017	2.13	2.37	2.76
4 December 2017	2.15	2.37	2.77
5 December 2017	2.15	2.36	2.73
6 December 2017	2.11	2.33	2.71
7 December 2017	2.14	2.37	2.76
8 December 2017	2.14	2.38	2.77
11 December 2017	2.16	2.39	2.77
12 December 2017	2.18	2.40	2.79
13 December 2017	2.12	2.36	2.74
14 December 2017	2.14	2.35	2.71
15 December 2017	2.16	2.35	2.68
18 December 2017	2.17	2.39	2.74
19 December 2017	2.23	2.46	2.82
20 December 2017	2.24	2.49	2.88
21 December 2017	2.26	2.48	2.84
22 December 2017	2.26	2.48	2.83
25 December 2017	ND	ND	ND
26 December 2017	2.25	2.47	2.82
27 December 2017	2.22	2.42	2.75
28 December 2017	2.23	2.43	2.75
29 December 2017	2.20	2.40	2.74
1 January 2018	ND	ND	ND
2 January 2018	2.25	2.46	2.81
3 January 2018	2.25	2.44	2.78
4 January 2018	2.27	2.46	2.79
5 January 2018	2.29	2.47	2.81
8 January 2018	2.29	2.49	2.81
9 January 2018	2.33	2.55	2.88
10 January 2018	2.32	2.55	2.88
11 January 2018	2.32	2.54	2.91
12 January 2018	2.35	2.55	2.85
15 January 2018	ND	ND	ND
16 January 2018	2.36	2.54	2.83
17 January 2018	2.39	2.57	2.84
18 January 2018	2.43	2.62	2.90
19 January 2018	2.45	2.64	2.91
22 January 2018	2.46	2.66	2.93
23 January 2018	2.43	2.63	2.90
24 January 2018	2.43	2.65	2.93
25 January 2018	2.41	2.63	2.89
26 January 2018	2.47	2.66	2.91
29 January 2018	2.49	2.70	2.94
30 January 2018	2.51	2.73	2.98
31 January 2018	2.52	2.72	2.95
1 February 2018	2.56	2.78	3.01
2 February 2018	2.58	2.84	3.08
5 February 2018	2.50	2.77	3.04
6 February 2018	2.52	2.79	3.06
7 February 2018	2.57	2.84	3.12
8 February 2018	2.57	2.85	3.14
9 February 2018	2.52	2.83	3.14
12 February 2018	2.56	2.86	3.14
13 February 2018	2.54	2.83	3.11
14 February 2018	2.65	2.91	3.18
15 February 2018	2.65	2.90	3.15
16 February 2018	2.63	2.87	3.13
19 February 2018	ND	ND	ND
20 February 2018	2.65	2.88	3.15
21 February 2018	2.69	2.94	3.22

Note: The Treasury ceased publication of the 30-year constant maturity series on February 18, 2002, and resumed that series on February 9, 2006.

Source: Department of the Treasury.

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Figure 32. Yield and spread on agency mortgage-backed securities

Series: Yield and spread

Horizon: January 3, 2000, to February 16, 2018

Description: Daily data are plotted as two curves. Units for the yield series are percent and are along the left axis. Units for the spread series are basis points and are along the right axis.

The yield series starts at just below 8 at the beginning of 2000, sharply increasing to about 8.5 in mid-2000 before declining to approximately 4.25 by mid-2003. The series then increases to approximately 6.4 by mid-2006 before declining to approximately 4 by early 2009 and approximately 2 by late 2012. The series increases again to approximately 3.75 by late 2013, gradually declining to 2.5 before slightly increasing to 3 in mid-2015. The series declines to 2.4 at the end of 2016 and then increases sharply to slightly more than 3. In 2017, the series fluctuates between 2.75 and 3.25, and at the start of 2018 the series increases, ending around 3.5 in February 2018.

The spread series starts at approximately 125 in 2000. A rise to about 175 occurs in mid-2000, and then the series hovers at that number throughout 2001. The series increases to approximately 200 by late 2002. The series declines to approximately 100 by early 2007, then spikes to approximately 275 by the beginning of 2008, where it oscillates throughout 2008 before declining to approximately 150 by mid-2009. The series then rises to 175 by early 2011, followed by a steady drop to 80 by late 2012. One year later the series rises to 150, then decreases to 80 by February 2018.

Note: The data are daily. Yield shown is for the Fannie Mae 30-year current coupon, the coupon rate at which new mortgage-backed securities would be priced at par, or face, value. Spread shown is to the average of the 5- and 10-year nominal Treasury yields. The data extend through February 16, 2018.

Source: Department of the Treasury; Barclays.

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Figure 33. Equity prices

Series: Dow Jones bank index and S&P 500 index

Horizon: January 3, 2000, to February 21, 2018

Description: Daily data are plotted as two curves. Units for all series have been indexed to 100 based on their respective values on December 31, 1999.

The Dow Jones bank index series starts in January 2000 at 100. The series increases to approximately 125 by mid-2002 and returns to around 100 in early 2003. The series then rebounds and steadily increases to its peak just below 175 in mid-2007 before it crashes to about 25 in early 2009. From 2009 through 2011, the series fluctuates between 50 and 75, then steadily rises to about 100 by then end of 2015. After a drop to about 75 in early 2016, the series rises sharply through 2016 and 2017 and ends at about 145 in February 2018.

The S&P 500 index series starts in January 2000 at 100. The series steadily decreases to around 65 in early 2003 and recovers to about 100 in late 2007 before falling again to approximately 50 by the beginning of 2009. The series steadily increases to just under 150 in 2015 and fluctuates between 125 and 150 in late 2015 through 2016. The series then rises to its peak of about 195 at the very beginning of 2018 and finishes around 175 in February 2018.

Source: Standard & Poor's Dow Jones Indices via Bloomberg. (For Dow Jones Indices licensing information, see the note on the Contents page, or Figure 15.)

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Developments Related to Financial Stability: Figure A. Forward price-to-earnings ratio of S&P 500 firms

Monthly
Ratio

Period	Price-to-earning ratio
January 1985	8.26
February 1985	9.18
March 1985	8.67
April 1985	8.93
May 1985	9.12
June 1985	9.21
July 1985	9.72
August 1985	9.32
September 1985	9.04
October 1985	9.17
November 1985	9.84
December 1985	10.47
January 1986	10.16
February 1986	10.79
March 1986	11.77
April 1986	12.19
May 1986	12.03
June 1986	12.37
July 1986	11.81
August 1986	12.36
September 1986	11.65
October 1986	11.67
November 1986	11.85
December 1986	12.23
January 1987	12.89
February 1987	13.96
March 1987	14.13
April 1987	13.27
May 1987	13.69
June 1987	13.96
July 1987	14.26
August 1987	14.81
September 1987	13.84
October 1987	13.21
November 1987	10.50
December 1987	10.55
January 1988	10.33
February 1988	10.89
March 1988	11.05
April 1988	10.98
May 1988	9.88
June 1988	10.66
July 1988	10.33
August 1988	9.78
September 1988	9.99
October 1988	10.12
November 1988	9.47
December 1988	9.81
January 1989	10.06
February 1989	10.14
March 1989	10.12
April 1989	10.43
May 1989	10.73
June 1989	10.85
July 1989	11.24
August 1989	11.56
September 1989	11.51
October 1989	11.47
November 1989	11.52
December 1989	11.88
January 1990	11.53
February 1990	11.32
March 1990	11.49
April 1990	11.65
May 1990	12.07
June 1990	12.38
July 1990	12.39
August 1990	11.50
September 1990	10.79
October 1990	10.30
November 1990	11.18
December 1990	11.66
January 1991	11.25
February 1991	13.43
March 1991	13.77
April 1991	14.45
May 1991	13.64
June 1991	13.90
July 1991	14.15
August 1991	14.40
September 1991	14.21
October 1991	14.31
November 1991	14.46
December 1991	14.01
January 1992	15.37
February 1992	15.00
March 1992	14.85
April 1992	14.81
May 1992	14.70
June 1992	14.02
July 1992	14.43
August 1992	14.45
September 1992	14.41
October 1992	14.00
November 1992	14.52
December 1992	14.70
January 1993	14.62
February 1993	14.67
March 1993	15.01
April 1993	15.04
May 1993	14.72
June 1993	14.64
July 1993	14.64
August 1993	14.77
September 1993	14.81
October 1993	14.65
November 1993	14.68
December 1993	14.49
January 1994	14.76
February 1994	14.62
March 1994	14.35
April 1994	13.47
May 1994	13.43
June 1994	13.48
July 1994	13.01
August 1994	13.22
September 1994	13.12
October 1994	12.94
November 1994	12.57
December 1994	12.11
January 1995	12.33
February 1995	12.49
March 1995	12.51
April 1995	12.67
May 1995	12.92
June 1995	13.07
July 1995	13.32
August 1995	13.37
September 1995	13.68
October 1995	13.78
November 1995	13.82
December 1995	14.34
January 1996	14.03
February 1996	15.24
March 1996	14.82
April 1996	14.80
May 1996	15.21
June 1996	14.72
July 1996	14.42
August 1996	14.94
September 1996	15.27
October 1996	15.63
November 1996	16.09
December 1996	15.87
January 1997	16.48
February 1997	17.36
March 1997	16.63
April 1997	16.00
May 1997	17.36
June 1997	18.35
July 1997	19.23
August 1997	18.68
September 1997	18.92
October 1997	19.20
November 1997	18.60
December 1997	18.87
January 1998	18.66
February 1998	20.36
March 1998	21.42
April 1998	21.90
May 1998	21.69
June 1998	21.42
July 1998	22.77
August 1998	21.16
September 1998	20.01
October 1998	19.28
November 1998	22.02
December 1998	22.30
January 1999	23.71
February 1999	23.53
March 1999	24.73
April 1999	24.96
May 1999	24.74
June 1999	24.30
July 1999	25.44
August 1999	23.91
September 1999	23.47
October 1999	22.55
November 1999	24.50
December 1999	24.42
January 2000	24.85
February 2000	24.03
March 2000	23.73
April 2000	23.91
May 2000	23.88
June 2000	24.10
July 2000	24.09
August 2000	23.86
September 2000	23.87
October 2000	21.46
November 2000	22.26
December 2000	22.11
January 2001	21.98
February 2001	22.08
March 2001	19.72
April 2001	21.41
May 2001	22.24
June 2001	21.67
July 2001	21.61
August 2001	21.17
September 2001	18.43
October 2001	20.37
November 2001	21.49
December 2001	21.57
January 2002	20.99
February 2002	20.46
March 2002	20.74
April 2002	20.17
May 2002	19.39
June 2002	18.11
July 2002	16.15
August 2002	16.60
September 2002	15.72
October 2002	15.77
November 2002	16.01
December 2002	16.12
January 2003	16.48
February 2003	15.33
March 2003	15.70
April 2003	15.67
May 2003	16.55
June 2003	17.68
July 2003	17.27
August 2003	16.94
September 2003	17.41
October 2003	17.50
November 2003	17.10
December 2003	17.43
January 2004	18.10
February 2004	18.09
March 2004	17.40
April 2004	17.10
May 2004	15.97
June 2004	16.41
July 2004	15.92
August 2004	15.51
September 2004	15.77
October 2004	15.49
November 2004	16.16
December 2004	16.32
January 2005	15.95
February 2005	16.16
March 2005	15.64
April 2005	15.30
May 2005	15.27
June 2005	15.41
July 2005	15.40
August 2005	15.13
September 2005	14.95
October 2005	14.33
November 2005	14.60
December 2005	14.98
January 2006	14.90
February 2006	14.93
March 2006	15.05
April 2006	14.99
May 2006	14.29
June 2006	13.69
July 2006	13.90
August 2006	14.12
September 2006	14.26
October 2006	14.65
November 2006	14.80
December 2006	14.82
January 2007	15.01
February 2007	15.39
March 2007	14.56
April 2007	15.31
May 2007	15.51
June 2007	15.30
July 2007	15.41
August 2007	13.87
September 2007	15.01
October 2007	15.01
November 2007	14.32
December 2007	14.20
January 2008	13.49
February 2008	13.67
March 2008	13.09
April 2008	13.80
May 2008	14.30
June 2008	13.51
July 2008	12.60
August 2008	13.29
September 2008	12.01
October 2008	9.93
November 2008	9.74
December 2008	11.87
January 2009	11.48
February 2009	12.46
March 2009	12.42
April 2009	13.51
May 2009	14.66
June 2009	14.73
July 2009	14.80
August 2009	15.20
September 2009	15.91
October 2009	15.85
November 2009	15.12
December 2009	14.89
January 2010	14.80
February 2010	13.81
March 2010	14.44
April 2010	14.83
May 2010	12.99
June 2010	12.82
July 2010	12.49
August 2010	12.10
September 2010	12.36
October 2010	12.84
November 2010	12.57
December 2010	13.03
January 2011	13.21
February 2011	13.70
March 2011	12.61
April 2011	12.97
May 2011	12.90
June 2011	12.07
July 2011	12.64
August 2011	11.28
September 2011	11.24
October 2011	11.50
November 2011	11.68
December 2011	11.40
January 2012	12.33
February 2012	12.63
March 2012	12.96
April 2012	12.66
May 2012	12.01
June 2012	11.89
July 2012	12.59
August 2012	12.92
September 2012	13.34
October 2012	13.21
November 2012	12.19
December 2012	12.86
January 2013	13.12
February 2013	13.53
March 2013	13.72
April 2013	13.59
May 2013	14.48
June 2013	14.10
July 2013	14.51
August 2013	14.58
September 2013	14.84
October 2013	14.71
November 2013	15.03
December 2013	15.20
January 2014	15.42
February 2014	15.44
March 2014	15.60
April 2014	15.49
May 2014	15.45
June 2014	15.83
July 2014	15.97
August 2014	15.55
September 2014	15.89
October 2014	14.76
November 2014	16.19
December 2014	16.11
January 2015	16.23
February 2015	17.35
March 2015	17.27
April 2015	17.29
May 2015	17.09
June 2015	16.96
July 2015	16.98
August 2015	16.75
September 2015	16.09
October 2015	16.14
November 2015	16.80
December 2015	16.69
January 2016	15.32
February 2016	15.91
March 2016	16.69
April 2016	17.07
May 2016	16.65
June 2016	16.68
July 2016	17.32
August 2016	17.46
September 2016	16.85
October 2016	16.81
November 2016	16.88
December 2016	17.26
January 2017	17.18
February 2017	17.91
March 2017	18.04
April 2017	17.54
May 2017	17.50
June 2017	17.91
July 2017	18.23
August 2017	18.09
September 2017	18.18
October 2017	18.44
November 2017	18.14
December 2017	18.63
January 2018	18.72
February 2018	17.27

Note: The February 2018 value is based on a mid-month estimate. The data depict the aggregate forward price-to-earnings ratio of S&P 500 firms. The historical median, 14.65, is based on data from 1985 to the present. Shaded bars indicate periods of recession as defined by the National Bureau of Economic Research: July 1990-March 1991, March 2001-November 2001, and December 2007-June 2009. Data are based on 12-month-ahead expected earnings per share.

Source: Staff estimates based on Thomson Reuters, IBES.

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Developments Related to Financial Stability: Figure B. Private nonfinancial sector credit-to-GDP gap

Quarterly
Percentage point difference from trend

Period	Corporate business	Noncorporate business	Household
1980:Q1	-2.826	0.567	0.470
1980:Q2	-2.720	0.968	0.776
1980:Q3	-3.070	1.047	0.617
1980:Q4	-3.673	0.693	-0.531
1981:Q1	-4.644	0.418	-1.923
1981:Q2	-3.787	0.664	-1.623
1981:Q3	-3.629	0.489	-2.422
1981:Q4	-3.215	0.817	-2.208
1982:Q1	-2.344	1.205	-1.599
1982:Q2	-2.119	1.304	-2.025
1982:Q3	-1.794	1.557	-2.658
1982:Q4	-2.162	1.650	-2.627
1983:Q1	-2.066	1.740	-3.485
1983:Q2	-2.488	1.535	-3.877
1983:Q3	-2.705	1.377	-4.115
1983:Q4	-2.946	1.352	-4.090
1984:Q1	-2.821	1.431	-4.226
1984:Q2	-2.354	1.637	-4.269
1984:Q3	-1.908	1.963	-4.276
1984:Q4	-1.139	2.313	-3.744
1985:Q1	-1.260	2.461	-2.544
1985:Q2	-0.994	2.735	-2.101
1985:Q3	-0.882	2.576	-1.612
1985:Q4	0.025	2.392	-0.175
1986:Q1	0.373	2.524	0.072
1986:Q2	1.110	2.752	0.477
1986:Q3	1.760	2.788	1.088
1986:Q4	2.699	2.818	1.952
1987:Q1	2.950	2.903	1.743
1987:Q2	2.945	2.765	2.039
1987:Q3	3.219	2.694	2.154
1987:Q4	3.144	2.453	0.986
1988:Q1	3.475	2.582	1.471
1988:Q2	3.480	2.549	1.259
1988:Q3	3.430	2.642	1.218
1988:Q4	3.696	2.491	0.968
1989:Q1	3.701	2.301	0.614
1989:Q2	3.881	2.153	0.505
1989:Q3	3.661	2.057	0.482
1989:Q4	4.028	2.071	0.880
1990:Q1	3.828	1.733	0.821
1990:Q2	3.736	1.425	0.661
1990:Q3	3.689	1.249	0.786
1990:Q4	3.963	1.220	1.353
1991:Q1	3.331	1.055	1.480
1991:Q2	2.632	0.779	1.199
1991:Q3	1.813	0.286	0.759
1991:Q4	0.922	-0.009	0.789
1992:Q1	0.297	-0.368	0.262
1992:Q2	-0.454	-0.790	-0.537
1992:Q3	-0.937	-1.168	-1.015
1992:Q4	-1.647	-1.539	-1.382
1993:Q1	-1.617	-1.807	-1.515
1993:Q2	-1.588	-2.065	-1.707
1993:Q3	-1.477	-2.323	-1.575
1993:Q4	-1.689	-2.643	-1.926
1994:Q1	-1.483	-2.862	-2.170
1994:Q2	-1.670	-3.112	-2.649
1994:Q3	-1.555	-3.217	-2.686
1994:Q4	-1.610	-3.426	-2.714
1995:Q1	-1.260	-3.427	-2.686
1995:Q2	-0.774	-3.447	-2.485
1995:Q3	-0.920	-3.494	-2.439
1995:Q4	-0.818	-3.544	-2.643
1996:Q1	-0.968	-3.552	-2.297
1996:Q2	-1.163	-3.681	-2.964
1996:Q3	-1.180	-3.646	-3.208
1996:Q4	-1.584	-3.700	-3.664
1997:Q1	-1.563	-3.670	-3.845
1997:Q2	-1.528	-3.700	-4.364
1997:Q3	-1.111	-3.687	-4.746
1997:Q4	-0.890	-3.566	-4.967
1998:Q1	-0.273	-3.317	-4.846
1998:Q2	0.370	-3.027	-4.608
1998:Q3	0.569	-2.863	-5.223
1998:Q4	0.654	-2.748	-5.600
1999:Q1	1.297	-2.521	-5.373
1999:Q2	1.505	-2.401	-5.133
1999:Q3	2.356	-2.196	-5.166
1999:Q4	2.036	-2.054	-5.596
2000:Q1	2.728	-1.846	-4.841
2000:Q2	2.690	-1.773	-5.593
2000:Q3	2.950	-1.625	-4.854
2000:Q4	3.030	-1.435	-5.017
2001:Q1	2.904	-1.200	-4.604
2001:Q2	2.930	-1.112	-4.142
2001:Q3	3.228	-0.853	-2.279
2001:Q4	3.163	-0.654	-2.180
2002:Q1	2.754	-0.631	-1.737
2002:Q2	2.237	-0.557	-1.442
2002:Q3	1.714	-0.503	-0.851
2002:Q4	1.474	-0.383	0.515
2003:Q1	1.018	-0.528	1.360
2003:Q2	0.424	-0.737	3.051
2003:Q3	-0.247	-1.135	3.048
2003:Q4	-1.138	-1.393	3.479
2004:Q1	-1.077	-1.198	4.029
2004:Q2	-1.813	-1.133	4.781
2004:Q3	-1.923	-1.046	5.216
2004:Q4	-2.201	-0.972	6.453
2005:Q1	-2.512	-0.867	6.361
2005:Q2	-2.590	-0.579	7.513
2005:Q3	-2.947	-0.402	8.037
2005:Q4	-2.748	-0.134	8.713
2006:Q1	-2.730	0.078	9.557
2006:Q2	-2.481	0.481	10.857
2006:Q3	-2.559	0.927	11.875
2006:Q4	-1.895	1.284	12.369
2007:Q1	-1.454	1.704	12.453
2007:Q2	-0.743	2.061	13.159
2007:Q3	0.153	2.481	13.355
2007:Q4	0.855	2.949	13.702
2008:Q1	1.794	3.446	14.649
2008:Q2	2.082	3.654	13.091
2008:Q3	2.400	3.964	13.332
2008:Q4	2.880	4.895	12.931
2009:Q1	3.045	5.010	12.813
2009:Q2	2.740	4.763	12.879
2009:Q3	1.771	4.332	12.125
2009:Q4	-0.092	3.639	10.547
2010:Q1	-0.483	3.234	9.082
2010:Q2	-1.607	2.691	7.428
2010:Q3	-1.744	2.253	5.847
2010:Q4	-2.775	1.750	4.333
2011:Q1	-2.549	1.516	4.155
2011:Q2	-2.586	0.916	2.275
2011:Q3	-2.312	0.480	0.778
2011:Q4	-2.199	-0.032	-0.448
2012:Q1	-2.447	-0.174	-1.304
2012:Q2	-2.596	-0.233	-2.033
2012:Q3	-2.149	-0.247	-3.022
2012:Q4	-1.521	-0.215	-3.059
2013:Q1	-1.535	-0.464	-3.904
2013:Q2	-1.160	-0.507	-4.274
2013:Q3	-0.788	-0.769	-4.866
2013:Q4	-1.096	-1.081	-5.842
2014:Q1	-0.593	-0.842	-5.711
2014:Q2	-0.887	-0.968	-6.255
2014:Q3	-1.033	-1.105	-7.216
2014:Q4	-0.644	-0.963	-7.377
2015:Q1	-0.120	-0.912	-7.693
2015:Q2	0.246	-0.874	-8.024
2015:Q3	0.473	-0.852	-8.453
2015:Q4	0.689	-0.497	-8.514
2016:Q1	1.711	-0.203	-8.287
2016:Q2	1.487	-0.237	-8.416
2016:Q3	1.651	-0.193	-8.763
2016:Q4	1.204	-0.171	-8.841
2017:Q1	1.958	-0.234	-8.834
2017:Q2	2.015	-0.255	-8.964
2017:Q3	2.100	-0.478	-9.368

Note: The data extend through 2017:Q3 and are smoothed using a Hodrick-Prescott filter. The shaded bars indicate periods of business recession as defined by the National Bureau of Economic Research: January 1980-July 1980, July 1981-November 1982, July 1990-March 1991, March 2001-November 2001, and December 2007-June 2009. Gaps have been weighted by their share of overall credit. GDP is gross domestic product.

Source: Federal Reserve Board, Statistical Release Z.1, "Financial Accounts of the United States"; Bureau of Economic Analysis via Haver Analytics, national income and product accounts, Table 1.1.5: Gross Domestic Product; Board staff calculations.

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Figure 34. Ratio of total commercial bank credit to nominal gross domestic product

Quarterly

Period	Percent
2000:Q1	56.87
2000:Q2	56.90
2000:Q3	57.58
2000:Q4	57.13
2001:Q1	57.68
2001:Q2	57.57
2001:Q3	58.06
2001:Q4	58.17
2002:Q1	57.85
2002:Q2	57.56
2002:Q3	58.20
2002:Q4	60.32
2003:Q1	61.36
2003:Q2	62.23
2003:Q3	61.51
2003:Q4	60.03
2004:Q1	60.08
2004:Q2	60.81
2004:Q3	60.75
2004:Q4	60.94
2005:Q1	61.67
2005:Q2	62.31
2005:Q3	62.82
2005:Q4	63.12
2006:Q1	63.19
2006:Q2	64.27
2006:Q3	65.18
2006:Q4	65.28
2007:Q1	65.70
2007:Q2	66.03
2007:Q3	67.04
2007:Q4	68.04
2008:Q1	69.10
2008:Q2	69.00
2008:Q3	68.92
2008:Q4	71.01
2009:Q1	71.04
2009:Q2	70.43
2009:Q3	68.78
2009:Q4	66.23
2010:Q1	64.50
2010:Q2	62.60
2010:Q3	61.87
2010:Q4	61.30
2011:Q1	60.99
2011:Q2	59.90
2011:Q3	59.72
2011:Q4	59.59
2012:Q1	59.51
2012:Q2	59.47
2012:Q3	59.73
2012:Q4	59.87
2013:Q1	59.66
2013:Q2	59.66
2013:Q3	59.03
2013:Q4	58.57
2014:Q1	59.30
2014:Q2	59.25
2014:Q3	59.26
2014:Q4	59.70
2015:Q1	60.61
2015:Q2	61.01
2015:Q3	61.40
2015:Q4	62.20
2016:Q1	63.17
2016:Q2	63.50
2016:Q3	63.94
2016:Q4	64.38
2017:Q1	64.25
2017:Q2	64.04
2017:Q3	63.72
2017:Q4	63.46

Source: Federal Reserve Board, Statistical Release H.8, "Assets and Liabilities of Commercial Banks in the United States"; Bureau of Economic Analysis via Haver Analytics.

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Figure 35. Profitability of bank holding companies

Quarterly
Percent, annual rate

Period	Return on assets	Return on equity
2000:Q1	1.29	17.64
2000:Q2	0.91	12.50
2000:Q3	1.16	16.00
2000:Q4	1.12	14.99
2001:Q1	0.98	13.20
2001:Q2	0.93	12.13
2001:Q3	0.85	10.96
2001:Q4	0.92	11.82
2002:Q1	1.14	14.54
2002:Q2	1.13	14.21
2002:Q3	1.14	14.17
2002:Q4	1.03	13.14
2003:Q1	1.13	14.30
2003:Q2	1.26	15.98
2003:Q3	1.28	16.45
2003:Q4	1.35	17.23
2004:Q1	1.24	16.03
2004:Q2	1.02	13.07
2004:Q3	1.21	14.91
2004:Q4	1.18	14.33
2005:Q1	1.14	13.63
2005:Q2	1.19	14.31
2005:Q3	1.30	15.72
2005:Q4	1.21	14.86
2006:Q1	1.10	13.72
2006:Q2	1.17	14.60
2006:Q3	1.31	16.31
2006:Q4	1.32	16.36
2007:Q1	0.97	11.92
2007:Q2	1.08	13.67
2007:Q3	0.82	10.58
2007:Q4	-0.14	-1.82
2008:Q1	0.09	1.38
2008:Q2	-0.14	-1.84
2008:Q3	-0.57	-7.67
2008:Q4	-1.60	-21.58
2009:Q1	0.00	0.27
2009:Q2	-0.07	-0.83
2009:Q3	0.19	2.30
2009:Q4	0.10	1.20
2010:Q1	0.39	4.53
2010:Q2	0.53	6.16
2010:Q3	0.45	5.06
2010:Q4	0.50	5.53
2011:Q1	0.59	6.16
2011:Q2	0.43	4.68
2011:Q3	0.94	9.99
2011:Q4	0.59	6.19
2012:Q1	0.58	5.64
2012:Q2	0.71	7.05
2012:Q3	0.72	7.13
2012:Q4	0.89	8.58
2013:Q1	0.81	7.64
2013:Q2	0.86	8.22
2013:Q3	0.82	7.77
2013:Q4	0.92	8.73
2014:Q1	0.85	7.86
2014:Q2	0.82	7.60
2014:Q3	0.87	7.97
2014:Q4	0.82	7.54
2015:Q1	0.96	8.74
2015:Q2	0.96	8.64
2015:Q3	0.98	8.74
2015:Q4	0.85	7.50
2016:Q1	0.81	7.14
2016:Q2	0.93	8.15
2016:Q3	0.95	8.64
2016:Q4	0.94	8.48
2017:Q1	0.95	8.61
2017:Q2	0.95	8.63
2017:Q3	0.96	8.62

Note: The data are quarterly and are seasonally adjusted. The data extend through 2017:Q3.

Source: Federal Reserve Board, Form FR Y-9C, Consolidated Financial Statements for Bank Holding Companies.

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Figure 36. Real gross domestic product growth in selected advanced foreign economies

Percent, annual rate

Period	United Kingdom	Japan	Euro area	Canada
2014	3.27	-0.24	1.49	2.53
2015	2.08	1.26	1.98	0.32
2016	1.99	1.52	1.94	1.97
2017:H1	0.99	1.85	2.73	3.97
2017:Q3	2.02	2.22	2.88	1.71
2017:Q4	1.58	0.45	2.38	ND

Note: The data for the United Kingdom and the euro area incorporate flash estimates for 2017:Q4. The data for Japan incorporate the preliminary estimate for 2017:Q4. The data for Canada extend through 2017:Q3.

Source: For the United Kingdom, Office for National Statistics; for Japan, Cabinet Office, Government of Japan; for the euro area, Eurostat; for Canada, Statistics Canada; all via Haver Analytics.

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Figure 37. Consumer price inflation in selected advanced foreign economies

Monthly
12-month percent change

Period	United Kingdom	Japan	Euro area	Canada
January 2014	1.89	1.35	0.77	1.47
February 2014	1.72	1.56	0.71	1.14
March 2014	1.61	1.67	0.47	1.38
April 2014	1.77	3.44	0.71	2.21
May 2014	1.49	3.64	0.49	2.29
June 2014	1.90	3.63	0.50	2.28
July 2014	1.59	3.42	0.38	2.12
August 2014	1.55	3.31	0.36	2.12
September 2014	1.23	3.30	0.32	2.11
October 2014	1.29	2.89	0.38	2.36
November 2014	0.97	2.47	0.28	2.03
December 2014	0.55	2.36	-0.17	1.54
January 2015	0.28	2.46	-0.60	0.97
February 2015	0.03	2.26	-0.27	1.05
March 2015	-0.01	2.36	-0.08	1.20
April 2015	-0.12	0.81	0.01	0.72
May 2015	0.11	0.60	0.34	0.96
June 2015	-0.04	0.40	0.22	1.12
July 2015	0.15	0.30	0.23	1.28
August 2015	0.01	0.20	0.13	1.27
September 2015	-0.12	0.00	-0.09	1.03
October 2015	-0.11	0.20	0.12	1.03
November 2015	0.11	0.20	0.15	1.35
December 2015	0.20	0.00	0.23	1.59
January 2016	0.29	-0.10	0.33	2.00
February 2016	0.28	0.20	-0.15	1.35
March 2016	0.46	0.00	-0.04	1.35
April 2016	0.29	-0.30	-0.24	1.59
May 2016	0.31	-0.50	-0.10	1.50
June 2016	0.46	-0.40	0.08	1.42
July 2016	0.56	-0.40	0.16	1.18
August 2016	0.64	-0.50	0.24	1.10
September 2016	0.98	-0.40	0.41	1.34
October 2016	0.91	0.20	0.51	1.42
November 2016	1.17	0.40	0.57	1.18
December 2016	1.56	0.30	1.14	1.49
January 2017	1.82	0.50	1.76	2.12
February 2017	2.30	0.20	1.98	2.04
March 2017	2.32	0.20	1.54	1.49
April 2017	2.71	0.30	1.89	1.72
May 2017	2.87	0.50	1.40	1.33
June 2017	2.64	0.40	1.26	1.01
July 2017	2.63	0.40	1.32	1.25
August 2017	2.86	0.70	1.50	1.48
September 2017	2.96	0.70	1.53	1.48
October 2017	3.00	0.20	1.38	1.40
November 2017	3.09	0.60	1.54	2.02
December 2017	2.97	1.00	1.35	1.78
January 2018	2.99	ND	1.29	ND

Note: The data for the euro area incorporate the flash estimate for January 2018. The data for Canada and Japan extend through December 2017.

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Figure 38. Real gross domestic product growth in selected emerging market economies

Percent, annual rate

Period	China	Korea	Mexico	Brazil
2014	7.13	2.77	3.47	-0.14
2015	6.77	3.25	2.74	-5.54
2016	6.79	2.41	3.26	-2.43
2017:H1	7.01	3.36	1.68	4.02
2017:Q3	6.54	6.28	-1.16	0.58
2017:Q4	6.41	-0.91	4.06	ND

Note: The data for China are seasonally adjusted by Board staff. The data for Korea, Mexico, and Brazil are seasonally adjusted by their respective government agencies. The data for Mexico incorporate the flash estimate for 2017:Q4. The data for Brazil extend through 2017:Q3.

Source: For China, China National Bureau of Statistics; for Korea, Bank of Korea; for Mexico, Instituto Nacional de Estadistica y Geografia; for Brazil, Instituto Brasileiro de Geografia e Estatistica; all via Haver Analytics.

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Figure 39. Equity indexes for selected foreign economies

Series: Euro area, Japan, the United Kingdom, and emerging market economies

Horizon: January 8, 2014, to February 21, 2018

Description: The data are weekly averages of daily data, plotted as four curves. The units are along the right axis and are an index with the week ending January 8, 2014, equal to 100. All of the series fluctuate significantly but generally reach interim highs in 2015:Q1 before falling in 2015:Q3 and recovering partially in 2015:Q4. The series then decline again, reaching their lowest levels at the start of 2016 before generally increasing through the rest of 2016 and 2017. The series continue to increase in the first weeks of 2018, when they reach their highest levels over the time horizon, before dropping sharply in early February. The final data points in mid-February show small upticks. The Japan and emerging market economies (EME) series rise more steeply than the U.K. and euro area series over the second half of 2017 and retain net positive gains relative to mid-2017 even after the downturn in early February. In contrast, the February downturn erases most of the gains that accrued since mid-2017 in the U.K. and euro area series.

The euro area series fluctuates around 100 throughout 2014 before increasing sharply to a peak of about 125 in April 2015. The series then drops to about 100 in September 2015. It recovers briefly to a peak of about 115 in 2015:Q4 before falling sharply to about 95 in 2016:Q1. The series fluctuates around 100 through the first half of 2016 and generally increases to about 125 in 2017:Q2. The series declines gradually to about 120 in 2017:Q3 and then fluctuates around 125 for the remainder of the year. The series peaks at around 130 in January 2018, drops sharply to about 120 in mid-February 2018, and ends with a slight uptick.

The Japan series decreases from around 100 to about 90 in the first half of 2014 before rising to a peak of about 130 in mid-2015. In 2015:Q3, the series falls sharply to about 110. It recovers briefly in 2015:Q4 to a peak of about 125 and then falls sharply again to about 105 in January 2016. The series fluctuates around this level until 2016:Q4, when it increases to about 120. The series generally continues to increase throughout 2017 and peaks just above 145 in January 2018. The series drops sharply to about 130 in mid-February 2018 and ends with an uptick around 135.

The U.K. series fluctuates around 100 from the beginning of 2014 to 2015:Q2, after which it declines to a trough of about 85 in 2016:Q1. The series generally increases throughout 2016 to about 110 in 2017:Q1. It then fluctuates around 110 for the remainder of 2017, increasing slightly to a small peak of about 115 in January 2018. The series then drops sharply to about 105 in February 2018 and ends in a slight uptick.

The EME series fluctuates around 100 in the beginning of 2014 before gradually rising above 110 in 2014:Q3. The series then decreases below 105 before rebounding to around 115 in early 2015. It falls dramatically in 2015:Q3, regains some ground, and falls again to a trough of about 85 in early 2016. The series then rises through 2016:Q3 to above 105 and then drops slightly to about 100 in 2016:Q4. It then increases throughout 2017, reaching a peak just above 140 at the end of January 2018. The series drops sharply to about 130 in mid-February 2018 and ends with an uptick.

Note: The data are weekly averages of daily data and extend through February 21, 2018.

Source: For euro area, DJ Euro Stoxx Index; for Japan, TOPIX Stock Index; for United Kingdom, FTSE 100 Stock Index; for emerging market economies, MSCI Emerging Markets Local Currency Index; all via Bloomberg.

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Figure 40. Emerging market mutual fund flows and spreads

Series: Bond fund flows, equity fund flows, and EMBI+

Horizon: January 2014 to February 20, 2018

Description: The J.P. Morgan Emerging Market Bond Index Plus (or EMBI+) is an index of total returns of foreign currency denominated debt of selected emerging market economies. EMBI+ data are weekly averages of daily data and are plotted as a curve. The units for EMBI+ are basis points along the left axis. EPFR fund flows are flows into dedicated emerging market economy bond and equity mutual funds and exchange-traded funds. EPFR fund flows data are plotted as stacked bars. The units for both bond and equity fund flows are billions of dollars along the right axis. The EMBI+ series falls for much of the first half of 2014 before trending up in the second half of the year. The EMBI+ series then shows significant volatility through 2015, before peaking above 450 in early 2016. Subsequently, the series falls rapidly. The downward trend continues through the end of 2016, leaving the EMBI+ near 320. The series fluctuates around this level and remains generally stable from 2017 through the end of the horizon. Both bond and equity fund flows are negative in early 2014 before becoming positive in the middle of the year and turning negative again at the end of the year. Total fund flows are volatile over the following quarters but are generally negative for 2015 and early 2016. Fund flows become positive once again throughout 2017 and into January 2018. In February, however, equity fund flows decrease sharply to near-zero values and bond fund flows turn slightly negative.

EMBI+ data begin around 340 before rapidly increasing to around 390 in early February 2014 and then trending down to around 275 in the middle of 2014. The data then trend up through the end of 2014, with the pace rapidly accelerating in December. The series falls off again in early 2015 before rising to about 450 in August and falling back to around 380 in November. The series rises again in early 2016, peaks at about 470 in February, and then decreases, reaching 340 in October. A brief increase in the last months of 2016 brings the EMBI+ back up to around 380 in December. The series then declines through much of 2017, reaching a low point of just below 320 in October before increasing to about 350 in November. The series then declines to about 315 in late January 2018, increases to about 340 in February 2018, and ends in a slight downtick.

Both bond and equity fund flows are negative for 2014:Q1, with the magnitudes for equities larger than those for bonds. The data turn positive in 2014:Q2 and 2014:Q3 before turning negative in 2014:Q4 and 2015:Q1. Flows are slightly positive in 2015:Q2, before turning significantly negative in 2015:Q3. The data for both bond and equity fund flows are negative from 2015:Q3 through 2016:Q1, though volumes decrease in magnitude. In 2016:Q2, equity fund flows remain negative, while bond fund flows are positive. In 2016:Q3, there are pronounced bond and equity fund inflows, and outflows re-emerge in 2016:Q4. Throughout 2017 and January 2018, there are bond and equity fund inflows. In February 2018, bond fund flows become slightly negative, while equity fund flows remain slightly positive, near zero.

Note: The bond and equity fund flow data are quarterly sums of weekly data from January 1, 2014, to December 31, 2017, and monthly sums of weekly data from January 1, 2018, to February 14, 2018. The fund flows data exclude funds located in China. The J.P. Morgan Emerging Markets Bond Index Plus (EMBI+) data are weekly averages of daily data and extend through February 20, 2018.

Source: For bond and equity fund flows, EPFR Global; for EMBI+, J.P. Morgan Emerging Markets Bond Index Plus via Bloomberg.

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Figure 41. Nominal 10-year government bond yields in selected advanced economies

Series: United States, United Kingdom, Germany, and Canada 10-year benchmark yields

Horizon: January 8, 2014, to February 21, 2018

Description: The data are weekly averages of daily data, plotted as four curves. Units for the 10-year benchmark yields are percentages along the right axis. The curves generally move in the same direction from 2014 to 2016, with the United States and the United Kingdom tracking closely until the middle of 2016, when declines in the United Kingdom accelerate, expanding the magnitude of divergence with the United States. In addition, the United Kingdom falls below Canada and remains below it over the rest of the time horizon. All four series decline through the middle of 2016 but rise again in the second half of the year, with particularly strong increases in the United States, Canada, and the United Kingdom. The series are generally flat throughout 2017 and trend upward through the beginning of 2018. Germany remains below all of the other series during the horizon. The United States generally remains above all other series, apart from a brief period in mid-2014 in which the United Kingdom slightly exceeds the United States.

The series for the United States starts in January 2014 at approximately 3 and gradually decreases to about 1.7 midway through 2015:Q1. The series then climbs to around 2.4 by the beginning of the third quarter. It fluctuates between 2 and just above 2.3 until the end of 2015. The series then declines to just above 1.7 in February 2016 before fluctuating between 1.7 and 2 through the beginning of June. The series dips below 1.5 before beginning to rise substantially around November. The series peaks above 2.5 near the beginning of 2017 before trending downward to about 2 at the end of September 2017. Finally, the series increases to just below 3 at the end of February 2018, when the series ends.

The series for the United Kingdom starts in January 2014 at about 3. It gradually declines to slightly below 1.5 by 2015:Q1, increases to about 1.9, then decreases to around 1.5. The series then climbs to 2.1 by the beginning of the third quarter and fluctuates between 1.75 and just above 2 until the end of 2015. The series declines to about 1.4 in the middle of 2016:Q1 before fluctuating between about 1.4 and 1.6 through the end of May. The series begins to fall rapidly in June and bottoms out in the third quarter at around 0.5. The series then begins to recover, peaking at nearly 1.5 in early 2017, before trending down to around 1 at the end of June. The series then recovers to almost 1.4 in October before declining slightly through the fourth quarter. It then increases through February 2018 to about 1.6 and ends with a small downtick.

The series for Germany starts in January 2014 at around 1.9 and steadily decreases to just above 0.9 by midway through the third quarter. The series rebounds slightly to almost 1.1 at the end of the third quarter before continuing its steady decline to about 0.1 around 2015:Q2. Then the series increases to about 0.9 before declining below 0.2 in 2016:Q1. It then fluctuates between 0.1 and 0.3 through the beginning of June. The series dips below zero around the middle of 2016 and fluctuates near zero until the fourth quarter, when the series begins to rise; it then fluctuates between 0.2 and 0.5 until December 2017, when the series begins to increase. The series increases through February 2018 and ends with a slight downtick.

The series for Canada starts in January 2014 at around 2.8 and decreases gradually to about 1.3 in February 2015. The series rebounds slightly to about 1.8 in May before experiencing a volatile decline to about 1 in July 2016. Then the series increases sharply in the fourth quarter to about 1.8 in December. It falls slightly to almost 1.4 in June 2017 before increasing through the third quarter to about 2.1. The series drops slightly to about 1.9 in December before increasing to just under 2.4 in February 2018, after which it ends with a slight downtick.

Note: The data are weekly averages of daily benchmark yields and extend through February 21, 2018.

Source: Bloomberg.

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Figure 42. U.S. dollar exchange rate indexes

Weekly
Week ending January 8, 2014 = 100

Period	Mexican peso	Broad dollar	Euro	British pound
8 January 2014	100.00	100.00	100.00	100.00
15 January 2014	99.95	100.12	99.89	100.03
22 January 2014	101.59	100.68	100.43	99.89
29 January 2014	102.27	100.92	99.64	99.19
5 February 2014	102.18	101.18	100.77	100.38
12 February 2014	101.53	100.75	100.01	99.95
19 February 2014	101.39	100.44	99.30	98.40
26 February 2014	101.29	100.72	99.33	98.68
5 March 2014	101.43	100.74	99.07	98.34
12 March 2014	100.90	100.47	98.20	98.59
19 March 2014	100.83	100.47	97.87	98.80
26 March 2014	100.76	101.00	98.84	99.50
2 April 2014	99.83	100.53	98.94	98.73
9 April 2014	99.58	100.28	99.04	98.65
16 April 2014	99.80	100.04	98.38	98.07
23 April 2014	99.74	100.31	98.64	97.82
30 April 2014	100.19	100.39	98.45	97.66
7 May 2014	99.38	99.98	98.07	97.14
14 May 2014	98.85	99.88	98.98	97.48
21 May 2014	98.77	99.92	99.45	97.63
28 May 2014	98.36	100.06	100.00	97.82
4 June 2014	98.55	100.21	100.03	98.11
11 June 2014	99.08	100.24	100.29	97.88
18 June 2014	99.60	100.22	100.52	96.99
25 June 2014	99.37	99.98	100.13	96.63
2 July 2014	99.16	99.59	99.78	96.15
9 July 2014	99.21	99.59	100.06	95.90
16 July 2014	99.11	99.73	100.29	95.99
23 July 2014	98.95	99.91	100.91	96.28
30 July 2014	99.46	100.18	101.47	96.90
6 August 2014	101.12	100.75	101.72	97.50
13 August 2014	100.79	100.74	101.84	97.91
20 August 2014	99.87	100.55	102.08	98.57
27 August 2014	100.16	100.94	103.04	99.12
3 September 2014	100.09	101.01	103.62	99.41
10 September 2014	100.33	101.66	105.37	101.40
17 September 2014	100.88	102.13	105.16	101.02
24 September 2014	101.34	102.60	106.06	100.51
1 October 2014	102.67	103.47	107.47	101.10
8 October 2014	102.68	103.72	107.97	102.35
15 October 2014	102.72	103.49	107.36	102.60
22 October 2014	103.38	103.46	106.88	102.07
29 October 2014	103.18	103.53	107.18	101.97
5 November 2014	103.35	104.47	108.67	102.72
12 November 2014	103.69	105.21	109.61	103.71
19 November 2014	103.72	105.37	108.99	104.88
26 November 2014	104.26	105.55	109.30	104.59
3 December 2014	106.99	106.61	109.82	104.78
10 December 2014	109.61	107.34	110.10	104.91
17 December 2014	112.44	108.02	109.40	104.67
24 December 2014	112.02	108.55	111.40	105.39
31 December 2014	112.52	108.73	112.11	105.61
7 January 2015	113.53	109.79	114.27	108.03
14 January 2015	111.49	109.64	115.34	108.34
21 January 2015	111.87	109.89	117.80	108.51
28 January 2015	111.64	110.75	120.15	108.79
4 February 2015	113.54	111.58	119.89	108.92
11 February 2015	113.87	111.61	120.15	107.76
18 February 2015	113.85	111.49	119.62	106.78
25 February 2015	114.55	111.80	119.97	106.38
4 March 2015	114.43	112.18	121.90	106.85
11 March 2015	117.85	114.28	126.19	108.94
18 March 2015	117.86	114.86	128.61	111.19
25 March 2015	114.88	113.17	125.61	110.47
1 April 2015	115.91	113.29	125.83	110.75
8 April 2015	113.85	112.43	124.90	110.28
15 April 2015	116.28	113.43	128.23	111.61
22 April 2015	117.25	112.62	126.68	109.91
29 April 2015	116.76	111.71	124.49	107.73
6 May 2015	117.80	111.55	121.60	108.10
13 May 2015	116.54	111.22	121.04	105.75
20 May 2015	115.54	111.03	120.83	104.95
27 May 2015	116.96	112.45	124.07	106.23
3 June 2015	117.81	112.95	123.34	107.47
10 June 2015	119.08	112.82	121.20	106.94
17 June 2015	117.75	112.39	121.07	105.34
24 June 2015	117.32	112.01	120.60	103.98
1 July 2015	119.44	112.87	122.14	104.56
8 July 2015	120.47	113.67	123.32	105.97
15 July 2015	120.24	113.91	123.46	105.88
22 July 2015	121.87	114.85	125.20	105.36
29 July 2015	123.88	115.13	123.52	105.49
5 August 2015	124.04	115.71	124.47	105.29
12 August 2015	124.25	116.07	123.60	105.68
19 August 2015	125.42	116.86	122.91	105.17
26 August 2015	129.52	117.00	119.65	104.92
2 September 2015	128.67	117.24	121.40	107.00
9 September 2015	128.41	117.57	122.27	107.41
16 September 2015	127.90	117.17	120.62	106.48
23 September 2015	128.08	117.34	121.28	106.45
30 September 2015	129.91	118.05	121.45	108.22
7 October 2015	127.82	117.05	121.22	107.98
14 October 2015	126.15	115.89	119.86	107.19
21 October 2015	126.16	115.80	119.92	106.26
28 October 2015	126.11	116.83	123.12	107.07
4 November 2015	126.07	116.97	124.22	106.77
11 November 2015	128.04	118.14	126.53	108.57
18 November 2015	128.00	118.74	127.39	108.04
25 November 2015	126.21	118.39	127.86	108.37
2 December 2015	126.64	118.83	128.67	109.39
9 December 2015	128.88	118.67	125.02	108.92
16 December 2015	131.61	119.42	124.25	108.71
23 December 2015	130.86	120.05	125.16	110.47
30 December 2015	131.94	119.88	124.51	110.56
6 January 2016	132.45	120.83	126.24	111.93
13 January 2016	136.45	121.84	125.39	113.26
20 January 2016	139.27	122.60	124.87	115.24
27 January 2016	141.07	122.55	125.69	115.14
3 February 2016	140.11	122.06	124.69	114.31
10 February 2016	142.03	120.96	121.59	113.47
17 February 2016	143.74	120.98	121.43	114.28
24 February 2016	138.87	120.70	123.23	116.05
2 March 2016	137.70	120.77	124.95	117.81
9 March 2016	136.02	119.43	123.82	115.56
16 March 2016	136.33	119.05	122.43	115.20
23 March 2016	132.82	117.46	121.05	114.55
30 March 2016	133.49	118.00	121.48	115.41
6 April 2016	133.55	117.06	119.57	115.44
13 April 2016	134.94	116.86	119.76	115.89
20 April 2016	132.82	116.44	120.38	115.05
27 April 2016	133.27	116.68	120.66	113.51
4 May 2016	132.77	115.91	118.93	112.72
11 May 2016	137.16	117.26	119.38	113.69
18 May 2016	139.07	117.89	120.32	113.59
25 May 2016	141.01	119.05	121.83	112.73
1 June 2016	141.02	119.06	122.12	112.86
8 June 2016	141.21	118.04	120.37	113.32
15 June 2016	142.81	118.19	120.91	115.16
22 June 2016	143.16	118.09	121.03	113.52
29 June 2016	143.24	118.75	122.32	120.21
6 July 2016	142.13	118.87	122.92	125.29
13 July 2016	141.52	119.00	123.10	125.89
20 July 2016	141.24	119.01	123.25	124.29
27 July 2016	143.08	119.68	123.99	125.12
3 August 2016	144.11	118.69	122.00	123.94
10 August 2016	142.13	118.48	122.57	125.89
17 August 2016	138.75	117.49	121.47	126.79
24 August 2016	139.79	117.50	120.48	124.95
31 August 2016	141.99	118.45	121.66	125.15
7 September 2016	141.63	118.21	121.56	123.23
14 September 2016	144.99	118.76	121.17	124.00
21 September 2016	150.07	119.59	121.81	125.81
28 September 2016	149.93	119.19	121.35	126.34
5 October 2016	147.49	119.10	121.42	127.71
12 October 2016	146.17	119.94	122.76	132.83
19 October 2016	143.92	120.03	123.88	134.33
26 October 2016	142.03	120.34	125.00	134.54
2 November 2016	144.86	120.69	123.94	134.53
9 November 2016	145.44	120.47	123.31	131.99
16 November 2016	156.52	123.54	126.64	131.81
23 November 2016	156.25	124.39	128.45	132.23
30 November 2016	157.14	124.71	128.60	131.83
7 December 2016	156.80	124.08	127.33	129.80
14 December 2016	154.96	123.91	128.37	129.93
21 December 2016	156.43	125.53	130.77	132.53
28 December 2016	158.07	125.89	130.53	134.04
4 January 2017	159.63	125.71	129.96	133.79
11 January 2017	164.29	125.41	128.99	134.30
18 January 2017	165.55	124.56	127.71	133.85
25 January 2017	164.29	124.27	127.14	131.58
1 February 2017	160.01	123.64	127.10	130.80
8 February 2017	156.82	122.87	126.79	131.40
15 February 2017	155.37	123.11	128.32	131.54
22 February 2017	154.97	123.10	128.58	131.91
1 March 2017	151.73	122.69	128.59	131.96
8 March 2017	149.96	123.42	129.05	134.42
15 March 2017	149.85	123.38	128.04	134.80
22 March 2017	145.88	121.85	126.51	132.38
29 March 2017	144.17	121.29	125.95	131.43
5 April 2017	143.27	121.55	127.55	131.60
12 April 2017	143.01	121.78	128.28	131.91
19 April 2017	142.03	121.22	127.73	130.01
26 April 2017	144.33	121.41	125.89	128.23
3 May 2017	144.22	121.53	124.98	127.22
10 May 2017	145.48	121.88	124.67	127.02
17 May 2017	142.94	121.17	123.90	127.30
24 May 2017	142.83	120.57	121.79	126.49
31 May 2017	141.86	120.15	121.62	127.60
7 June 2017	140.80	119.67	121.13	127.30
14 June 2017	138.34	119.35	121.46	128.62
21 June 2017	137.85	119.68	122.13	129.22
28 June 2017	137.23	119.43	121.20	128.69
5 July 2017	138.77	119.05	119.68	126.73
12 July 2017	137.74	118.93	119.41	127.44
19 July 2017	134.27	117.60	118.67	126.17
26 July 2017	134.88	117.01	117.00	126.27
2 August 2017	135.88	116.65	115.66	124.81
9 August 2017	136.92	116.95	115.66	126.08
16 August 2017	136.05	116.89	115.87	127.06
23 August 2017	135.21	116.54	115.72	127.86
30 August 2017	135.61	115.92	114.29	127.43
6 September 2017	135.99	115.45	114.42	126.53
13 September 2017	135.39	114.67	113.72	124.53
20 September 2017	135.41	115.12	113.98	121.64
27 September 2017	136.86	116.02	114.90	121.92
4 October 2017	139.08	116.94	115.74	123.32
11 October 2017	141.69	117.11	115.73	124.91
18 October 2017	144.69	117.15	115.42	124.24
25 October 2017	145.46	117.73	115.56	124.60
1 November 2017	146.16	118.46	117.09	124.44
8 November 2017	145.90	118.36	117.33	125.36
15 November 2017	146.37	118.19	116.29	125.13
22 November 2017	144.49	117.57	115.76	124.14
29 November 2017	141.62	116.72	114.52	123.24
6 December 2017	142.88	117.04	114.94	122.07
13 December 2017	145.43	117.79	115.76	122.90
20 December 2017	146.19	117.56	115.33	122.78
27 December 2017	149.79	117.47	114.77	122.80
3 January 2018	149.37	116.45	113.40	121.50
10 January 2018	147.06	116.04	113.61	121.36
17 January 2018	144.89	115.12	112.04	119.88
24 January 2018	142.53	114.20	110.99	117.62
31 January 2018	141.94	113.13	109.72	116.05
7 February 2018	141.85	114.16	109.85	117.00
14 February 2018	143.10	115.60	110.78	118.43
21 February 2018	141.90	115.00	109.90	117.20

Note: The data, which are in foreign currency units per dollar, are weekly averages of daily data and extend through February 21, 2018. As indicated by the arrow, increases in the data represent U.S. dollar appreciation, and decreases represent U.S. dollar depreciation.

Source: Federal Reserve Board, Statistical Release H.10, "Foreign Exchange Rates."

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Last Update: April 03, 2018

Monetary Policy Report – February 2018