Accessible Versions of Figures in Part 2

Table data presented with the Monetary Policy Report submitted to the Congress on July 18, 2007, pursuant to section 2B of the Federal Reserve Act

Change in Real GDP, 2001-07

Period	Real GDP
2001:H1	0.37
2001:H2	0.08
2002:H1	2.47
2002:H2	1.28
2003:H1	2.33
2003:H2	5.04
2004:H1	3.95
2004:H2	2.86
2005:H1	3.33
2005:H2	2.97
2006:H1	4.06
2006:H2	2.21
2007:Q1	0.69

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

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Change in PCE Chain-Type Price Index, 2001-07

Percent, annual rate

Period	Total	Excluding food and energy
2001	1.46	2.17
2002	2.00	1.56
2003	1.96	1.49
2004	2.96	2.21
2005	2.88	2.12
2006	2.23	2.15
2007	4.38	1.94

Note: The data are for personal consumption expenditures (PCE). Through 2006, change is from December to December; for 2007, change is from December to May. Source: Department of Commerce, Bureau of Economic Analysis.

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Change in Real Income and Consumption, 2001-07

Percent, annual rate

Period	Disposable personal income	Personal consumption expenditures
2001	1.19	2.82
2002	2.90	1.86
2003	3.68	3.44
2004	4.10	3.96
2005	0.30	2.90
2006	3.16	3.61
2007:Q1	4.81	4.20

Source: Department of Commerce, Bureau of Economic Analysis.

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Consumer Sentiment, 1994-2007

Period	Conference Board1	Reuters/ Michigan2
January 1994	82.6	94.3
February 1994	79.9	93.2
March 1994	86.7	91.5
April 1994	92.1	92.6
May 1994	88.9	92.8
June 1994	92.5	91.2
July 1994	91.3	89.0
August 1994	90.4	91.7
September 1994	89.5	91.5
October 1994	89.1	92.7
November 1994	100.4	91.6
December 1994	103.4	95.1
January 1995	101.4	97.6
February 1995	99.4	95.1
March 1995	100.2	90.3
April 1995	104.6	92.5
May 1995	102.0	89.8
June 1995	94.6	92.7
July 1995	101.4	94.4
August 1995	102.4	96.2
September 1995	97.3	88.9
October 1995	96.3	90.2
November 1995	101.6	88.2
December 1995	99.2	91.0
January 1996	88.4	89.3
February 1996	98.0	88.5
March 1996	98.4	93.7
April 1996	104.8	92.7
May 1996	103.5	89.4
June 1996	100.1	92.4
July 1996	107.0	94.7
August 1996	112.0	95.3
September 1996	111.8	94.7
October 1996	107.3	96.5
November 1996	109.5	99.2
December 1996	114.2	96.9
January 1997	118.7	97.4
February 1997	118.9	99.7
March 1997	118.5	100.0
April 1997	118.5	101.4
May 1997	127.9	103.2
June 1997	129.9	104.5
July 1997	126.3	107.1
August 1997	127.6	104.4
September 1997	130.2	106.0
October 1997	123.4	105.6
November 1997	128.1	107.2
December 1997	136.2	102.1
January 1998	128.3	106.6
February 1998	137.4	110.4
March 1998	133.8	106.5
April 1998	137.2	108.7
May 1998	136.3	106.5
June 1998	138.2	105.6
July 1998	137.2	105.2
August 1998	133.1	104.4
September 1998	126.4	100.9
October 1998	119.3	97.4
November 1998	126.4	102.7
December 1998	126.7	100.5
January 1999	128.9	103.9
February 1999	133.1	108.1
March 1999	134.0	105.7
April 1999	135.5	104.6
May 1999	137.7	106.8
June 1999	139.0	107.3
July 1999	136.2	106.0
August 1999	136.0	104.5
September 1999	134.2	107.2
October 1999	130.5	103.2
November 1999	137.0	107.2
December 1999	141.7	105.4
January 2000	144.7	112.0
February 2000	140.8	111.3
March 2000	137.1	107.1
April 2000	137.7	109.2
May 2000	144.7	110.7
June 2000	139.2	106.4
July 2000	143.0	108.3
August 2000	140.8	107.3
September 2000	142.5	106.8
October 2000	135.8	105.8
November 2000	132.6	107.6
December 2000	128.6	98.4
January 2001	115.7	94.7
February 2001	109.2	90.6
March 2001	116.9	91.5
April 2001	109.9	88.4
May 2001	116.1	92.0
June 2001	118.9	92.6
July 2001	116.3	92.4
August 2001	114.0	91.5
September 2001	97.0	81.8
October 2001	85.3	82.7
November 2001	84.9	83.9
December 2001	94.6	88.8
January 2002	97.8	93.0
February 2002	95.0	90.7
March 2002	110.7	95.7
April 2002	108.5	93.0
May 2002	110.3	96.9
June 2002	106.3	92.4
July 2002	97.4	88.1
August 2002	94.5	87.6
September 2002	93.7	86.1
October 2002	79.6	80.6
November 2002	84.9	84.2
December 2002	80.7	86.7
January 2003	78.8	82.4
February 2003	64.8	79.9
March 2003	61.4	77.6
April 2003	81.0	86.0
May 2003	83.6	92.1
June 2003	83.5	89.7
July 2003	77.0	90.9
August 2003	81.7	89.3
September 2003	77.0	87.7
October 2003	81.7	89.6
November 2003	92.5	93.7
December 2003	94.8	92.6
January 2004	97.7	103.8
February 2004	88.5	94.4
March 2004	88.5	95.8
April 2004	93.0	94.2
May 2004	93.1	90.2
June 2004	102.8	95.6
July 2004	105.7	96.7
August 2004	98.7	95.9
September 2004	96.7	94.2
October 2004	92.9	91.7
November 2004	92.6	92.8
December 2004	102.7	97.1
January 2005	105.1	95.5
February 2005	104.4	94.1
March 2005	103.0	92.6
April 2005	97.5	87.7
May 2005	103.1	86.9
June 2005	106.2	96.0
July 2005	103.6	96.5
August 2005	105.5	89.1
September 2005	87.5	76.9
October 2005	85.2	74.2
November 2005	98.3	81.6
December 2005	103.8	91.5
January 2006	106.8	91.2
February 2006	102.7	86.7
March 2006	107.5	88.9
April 2006	109.8	87.4
May 2006	104.7	79.1
June 2006	105.4	84.9
July 2006	107.0	84.7
August 2006	100.2	82.0
September 2006	105.9	85.4
October 2006	105.1	93.6
November 2006	105.3	92.1
December 2006	110.0	91.7
January 2007	110.2	96.9
February 2007	111.2	91.3
March 2007	108.2	88.4
April 2007	106.3	87.1
May 2007	108.5	88.3
June 2007	103.9	85.3
July 2007	ND	92.4

Note: The Conference Board data are monthly and extend through June 2007. The Reuters/University of Michigan data are monthly and extend through a preliminary estimate for July 2007. 1. For Conference Board, index 1985=100.  Return to table 2. For Reuters/Michigan, index 1966=100.  Return to table Source: The Conference Board and the Reuters/University of Michigan Surveys of Consumers.

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Wealth-to-Income Ratio, 1984-2007

Period	Ratio
1984:Q1	4.28
1984:Q2	4.22
1984:Q3	4.23
1984:Q4	4.25
1985:Q1	4.34
1985:Q2	4.33
1985:Q3	4.37
1985:Q4	4.48
1986:Q1	4.56
1986:Q2	4.63
1986:Q3	4.59
1986:Q4	4.70
1987:Q1	4.84
1987:Q2	4.94
1987:Q3	4.93
1987:Q4	4.69
1988:Q1	4.71
1988:Q2	4.74
1988:Q3	4.71
1988:Q4	4.71
1989:Q1	4.70
1989:Q2	4.77
1989:Q3	4.86
1989:Q4	4.85
1990:Q1	4.73
1990:Q2	4.72
1990:Q3	4.57
1990:Q4	4.65
1991:Q1	4.77
1991:Q2	4.72
1991:Q3	4.73
1991:Q4	4.79
1992:Q1	4.70
1992:Q2	4.64
1992:Q3	4.65
1992:Q4	4.67
1993:Q1	4.80
1993:Q2	4.75
1993:Q3	4.81
1993:Q4	4.80
1994:Q1	4.81
1994:Q2	4.73
1994:Q3	4.74
1994:Q4	4.70
1995:Q1	4.77
1995:Q2	4.87
1995:Q3	4.97
1995:Q4	5.03
1996:Q1	5.07
1996:Q2	5.10
1996:Q3	5.11
1996:Q4	5.21
1997:Q1	5.17
1997:Q2	5.41
1997:Q3	5.53
1997:Q4	5.52
1998:Q1	5.70
1998:Q2	5.71
1998:Q3	5.41
1998:Q4	5.70
1999:Q1	5.76
1999:Q2	5.91
1999:Q3	5.76
1999:Q4	6.15
2000:Q1	6.10
2000:Q2	5.96
2000:Q3	5.88
2000:Q4	5.66
2001:Q1	5.38
2001:Q2	5.52
2001:Q3	5.11
2001:Q4	5.37
2002:Q1	5.26
2002:Q2	5.02
2002:Q3	4.81
2002:Q4	4.93
2003:Q1	4.88
2003:Q2	5.05
2003:Q3	5.06
2003:Q4	5.28
2004:Q1	5.28
2004:Q2	5.29
2004:Q3	5.28
2004:Q4	5.38
2005:Q1	5.44
2005:Q2	5.50
2005:Q3	5.60
2005:Q4	5.61
2006:Q1	5.67
2006:Q2	5.65
2006:Q3	5.68
2006:Q4	5.73
2007:Q1	5.67

Note: The data are quarterly and extend through 2007:Q1. The wealth-to- income ratio is the ratio of household net worth to disposable personal income. Source: For net worth, Federal Reserve Board, flow of funds data; for income, Department of Commerce, Bureau of Economic Analysis.

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Personal Saving Rate, 1984-2007

Percent

Period	Personal saving rate
1984:Q1	10.3
1984:Q2	10.6
1984:Q3	11.3
1984:Q4	11.0
1985:Q1	9.4
1985:Q2	10.2
1985:Q3	7.9
1985:Q4	8.6
1986:Q1	8.9
1986:Q2	8.9
1986:Q3	7.8
1986:Q4	7.2
1987:Q1	8.0
1987:Q2	5.8
1987:Q3	6.5
1987:Q4	7.6
1988:Q1	7.2
1988:Q2	7.4
1988:Q3	7.4
1988:Q4	7.1
1989:Q1	7.9
1989:Q2	7.1
1989:Q3	6.7
1989:Q4	6.8
1990:Q1	7.0
1990:Q2	7.2
1990:Q3	6.9
1990:Q4	6.9
1991:Q1	7.3
1991:Q2	7.1
1991:Q3	7.0
1991:Q4	7.6
1992:Q1	7.7
1992:Q2	7.9
1992:Q3	7.3
1992:Q4	7.8
1993:Q1	5.7
1993:Q2	6.2
1993:Q3	5.3
1993:Q4	5.9
1994:Q1	4.1
1994:Q2	5.0
1994:Q3	4.9
1994:Q4	5.3
1995:Q1	5.7
1995:Q2	4.7
1995:Q3	4.3
1995:Q4	4.0
1996:Q1	4.2
1996:Q2	3.9
1996:Q3	4.1
1996:Q4	3.8
1997:Q1	3.6
1997:Q2	3.9
1997:Q3	3.4
1997:Q4	3.7
1998:Q1	4.6
1998:Q2	4.5
1998:Q3	4.3
1998:Q4	3.8
1999:Q1	3.7
1999:Q2	2.2
1999:Q3	1.7
1999:Q4	1.9
2000:Q1	2.4
2000:Q2	2.4
2000:Q3	2.6
2000:Q4	2.0
2001:Q1	1.9
2001:Q2	1.2
2001:Q3	3.4
2001:Q4	0.5
2002:Q1	2.9
2002:Q2	2.8
2002:Q3	1.9
2002:Q4	1.8
2003:Q1	1.8
2003:Q2	2.1
2003:Q3	2.3
2003:Q4	2.2
2004:Q1	2.1
2004:Q2	1.9
2004:Q3	1.6
2004:Q4	2.3
2005:Q1	0.6
2005:Q2	-0.3
2005:Q3	-1.5
2005:Q4	-0.3
2006:Q1	-0.3
2006:Q2	-1.4
2006:Q3	-1.4
2006:Q4	-0.9
2007:Q1	-0.7
2007:Q2	-1.3

Note: The data are quarterly and extend through 2007:Q2; the reading for 2007:Q2 is the average for April and May. Source: Department of Commerce, Bureau of Economic Analysis.

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Private Housing Starts, 1994-2007

Millions of units, annual rate

Period	Single-family	Multi-family
1994:Q1	1.19	0.20
1994:Q2	1.21	0.25
1994:Q3	1.19	0.26
1994:Q4	1.16	0.31
1995:Q1	1.04	0.28
1995:Q2	1.02	0.27
1995:Q3	1.12	0.29
1995:Q4	1.14	0.28
1996:Q1	1.15	0.31
1996:Q2	1.19	0.31
1996:Q3	1.18	0.32
1996:Q4	1.10	0.32
1997:Q1	1.14	0.29
1997:Q2	1.12	0.36
1997:Q3	1.15	0.31
1997:Q4	1.14	0.39
1998:Q1	1.23	0.33
1998:Q2	1.24	0.33
1998:Q3	1.28	0.35
1998:Q4	1.36	0.36
1999:Q1	1.34	0.37
1999:Q2	1.27	0.31
1999:Q3	1.29	0.36
1999:Q4	1.34	0.32
2000:Q1	1.28	0.38
2000:Q2	1.24	0.35
2000:Q3	1.19	0.31
2000:Q4	1.22	0.32
2001:Q1	1.26	0.35
2001:Q2	1.30	0.33
2001:Q3	1.28	0.32
2001:Q4	1.26	0.31
2002:Q1	1.36	0.36
2002:Q2	1.34	0.34
2002:Q3	1.34	0.36
2002:Q4	1.41	0.33
2003:Q1	1.41	0.32
2003:Q2	1.43	0.33
2003:Q3	1.52	0.37
2003:Q4	1.66	0.38
2004:Q1	1.56	0.36
2004:Q2	1.61	0.33
2004:Q3	1.64	0.34
2004:Q4	1.61	0.35
2005:Q1	1.70	0.37
2005:Q2	1.70	0.35
2005:Q3	1.75	0.35
2005:Q4	1.73	0.34
2006:Q1	1.75	0.38
2006:Q2	1.52	0.34
2006:Q3	1.39	0.31
2006:Q4	1.23	0.32
2007:Q1	1.17	0.29
2007:Q2	1.19	0.30

Note: The data are quarterly and extend through 2007:Q2; the readings for 2007:Q2 are the averages for April and May. Source: Department of Commerce, Bureau of the Census.

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Mortgage Rates, 1999-2007

Percent

Period, week beginning	Fixed rate	Adjustable rate
6-Jan-99	6.79	5.61
13-Jan-99	6.83	5.61
20-Jan-99	6.78	5.57
27-Jan-99	6.74	5.57
3-Feb-99	6.75	5.63
10-Feb-99	6.77	5.58
17-Feb-99	6.82	5.67
24-Feb-99	6.89	5.71
3-Mar-99	7.06	5.74
10-Mar-99	7.11	5.88
17-Mar-99	7.01	5.75
24-Mar-99	6.98	5.69
31-Mar-99	6.98	5.65
7-Apr-99	6.92	5.59
14-Apr-99	6.87	5.56
21-Apr-99	6.88	5.56
28-Apr-99	6.93	5.63
5-May-99	7.02	5.68
12-May-99	7.1	5.71
19-May-99	7.23	5.76
26-May-99	7.23	5.73
2-Jun-99	7.41	5.85
9-Jun-99	7.51	5.92
16-Jun-99	7.65	5.94
23-Jun-99	7.63	5.93
30-Jun-99	7.71	6.05
7-Jul-99	7.65	5.96
14-Jul-99	7.58	5.97
21-Jul-99	7.52	5.97
28-Jul-99	7.7	5.99
4-Aug-99	7.89	6.09
11-Aug-99	8.15	6.24
18-Aug-99	7.93	6.18
25-Aug-99	7.8	6.22
1-Sep-99	7.83	6.18
8-Sep-99	7.88	6.21
15-Sep-99	7.82	6.22
22-Sep-99	7.76	6.19
29-Sep-99	7.7	6.12
6-Oct-99	7.82	6.27
13-Oct-99	7.85	6.31
20-Oct-99	7.93	6.3
27-Oct-99	7.96	6.35
3-Nov-99	7.84	6.34
10-Nov-99	7.67	6.3
17-Nov-99	7.69	6.35
24-Nov-99	7.75	6.45
1-Dec-99	7.84	6.49
8-Dec-99	7.84	6.45
15-Dec-99	7.86	6.49
22-Dec-99	7.96	6.64
29-Dec-99	8.06	6.56
5-Jan-00	8.15	6.6
12-Jan-00	8.18	6.61
19-Jan-00	8.26	6.56
26-Jan-00	8.25	6.65
2-Feb-00	8.25	6.65
9-Feb-00	8.36	6.73
16-Feb-00	8.38	6.77
23-Feb-00	8.31	6.73
1-Mar-00	8.27	6.68
8-Mar-00	8.23	6.68
15-Mar-00	8.24	6.68
22-Mar-00	8.23	6.78
29-Mar-00	8.23	6.76
5-Apr-00	8.2	6.79
12-Apr-00	8.12	6.86
19-Apr-00	8.16	6.76
26-Apr-00	8.13	6.77
3-May-00	8.28	6.9
10-May-00	8.52	6.96
17-May-00	8.64	7.15
24-May-00	8.62	7.25
31-May-00	8.54	7.25
7-Jun-00	8.32	7.24
14-Jun-00	8.22	7.21
21-Jun-00	8.14	7.22
28-Jun-00	8.22	7.26
5-Jul-00	8.16	7.27
12-Jul-00	8.09	7.22
19-Jul-00	8.21	7.32
26-Jul-00	8.13	7.29
2-Aug-00	8.12	7.28
9-Aug-00	8.04	7.28
16-Aug-00	7.96	7.21
23-Aug-00	7.99	7.37
30-Aug-00	7.96	7.27
6-Sep-00	7.94	7.33
13-Sep-00	7.88	7.26
20-Sep-00	7.9	7.27
27-Sep-00	7.88	7.21
4-Oct-00	7.83	7.21
11-Oct-00	7.84	7.23
18-Oct-00	7.83	7.25
25-Oct-00	7.68	7.22
1-Nov-00	7.73	7.12
8-Nov-00	7.79	7.23
15-Nov-00	7.73	7.25
22-Nov-00	7.73	7.28
29-Nov-00	7.65	7.24
6-Dec-00	7.54	7.21
13-Dec-00	7.42	7.05
20-Dec-00	7.17	7.02
27-Dec-00	7.13	6.93
3-Jan-01	7.07	6.86
10-Jan-01	6.89	6.65
17-Jan-01	7.02	6.64
24-Jan-01	7.15	6.64
31-Jan-01	7.09	6.54
7-Feb-01	6.98	6.45
14-Feb-01	7.01	6.4
21-Feb-01	7.12	6.43
28-Feb-01	7.03	6.39
7-Mar-01	6.97	6.29
14-Mar-01	6.96	6.32
21-Mar-01	6.89	6.22
28-Mar-01	6.91	6.19
4-Apr-01	7.01	6.23
11-Apr-01	7.04	6.15
18-Apr-01	7.14	6.08
25-Apr-01	7.12	5.97
2-May-01	7.14	6
9-May-01	7.1	5.9
16-May-01	7.14	5.81
23-May-01	7.2	5.82
30-May-01	7.24	5.89
6-Jun-01	7.2	5.85
13-Jun-01	7.14	5.82
20-Jun-01	7.11	5.74
27-Jun-01	7.11	5.77
4-Jul-01	7.19	5.71
11-Jul-01	7.21	5.79
18-Jul-01	7.08	5.62
25-Jul-01	7.03	5.72
1-Aug-01	7	5.77
8-Aug-01	7	5.7
15-Aug-01	6.92	5.71
22-Aug-01	6.91	5.68
29-Aug-01	6.92	5.67
5-Sep-01	6.89	5.64
12-Sep-01	6.86	5.62
19-Sep-01	6.8	5.58
26-Sep-01	6.72	5.45
3-Oct-01	6.64	5.34
10-Oct-01	6.58	5.26
17-Oct-01	6.61	5.26
24-Oct-01	6.64	5.25
31-Oct-01	6.56	5.26
7-Nov-01	6.45	5.3
14-Nov-01	6.51	5.06
21-Nov-01	6.75	5.18
28-Nov-01	7.02	5.22
5-Dec-01	6.84	5.21
12-Dec-01	7.09	5.19
19-Dec-01	7.17	5.27
26-Dec-01	7.16	5.25
2-Jan-02	7.14	5.26
9-Jan-02	7.06	5.26
16-Jan-02	6.83	5.08
23-Jan-02	6.96	5.1
30-Jan-02	7.02	5.12
6-Feb-02	6.88	5.04
13-Feb-02	6.86	4.98
20-Feb-02	6.81	4.96
27-Feb-02	6.8	4.94
6-Mar-02	6.87	5.07
13-Mar-02	7.08	5.08
20-Mar-02	7.14	5.11
27-Mar-02	7.18	5.11
3-Apr-02	7.13	4.99
10-Apr-02	6.99	5
17-Apr-02	6.94	4.95
24-Apr-02	6.88	4.91
1-May-02	6.78	4.75
8-May-02	6.79	4.8
15-May-02	6.89	4.81
22-May-02	6.81	4.85
29-May-02	6.76	4.76
5-Jun-02	6.71	4.71
12-Jun-02	6.71	4.67
19-Jun-02	6.63	4.6
26-Jun-02	6.55	4.61
3-Jul-02	6.57	4.58
10-Jul-02	6.54	4.66
17-Jul-02	6.49	4.5
24-Jul-02	6.34	4.31
31-Jul-02	6.43	4.45
7-Aug-02	6.31	4.37
14-Aug-02	6.22	4.39
21-Aug-02	6.27	4.34
28-Aug-02	6.22	4.34
4-Sep-02	6.15	4.35
11-Sep-02	6.18	4.32
18-Sep-02	6.05	4.28
25-Sep-02	5.99	4.22
2-Oct-02	6.01	4.29
9-Oct-02	5.98	4.23
16-Oct-02	6.15	4.27
23-Oct-02	6.31	4.3
30-Oct-02	6.13	4.25
6-Nov-02	6.11	4.15
13-Nov-02	5.94	4.09
20-Nov-02	6.03	4.14
27-Nov-02	6.13	4.19
4-Dec-02	6.19	4.21
11-Dec-02	6.04	4.18
18-Dec-02	6.03	4.07
25-Dec-02	5.93	4.01
1-Jan-03	5.85	4.06
8-Jan-03	5.95	4.03
15-Jan-03	5.97	4.03
22-Jan-03	5.91	3.93
29-Jan-03	5.9	3.89
5-Feb-03	5.88	3.89
12-Feb-03	5.86	3.89
19-Feb-03	5.84	3.81
26-Feb-03	5.79	3.83
5-Mar-03	5.67	3.76
12-Mar-03	5.61	3.68
19-Mar-03	5.79	3.75
26-Mar-03	5.91	3.84
2-Apr-03	5.79	3.82
9-Apr-03	5.85	3.8
16-Apr-03	5.82	3.79
23-Apr-03	5.79	3.79
30-Apr-03	5.7	3.74
7-May-03	5.62	3.66
14-May-03	5.45	3.67
21-May-03	5.34	3.61
28-May-03	5.31	3.63
4-Jun-03	5.26	3.59
11-Jun-03	5.21	3.54
18-Jun-03	5.21	3.51
25-Jun-03	5.24	3.45
2-Jul-03	5.4	3.49
9-Jul-03	5.52	3.55
16-Jul-03	5.67	3.58
23-Jul-03	5.94	3.67
30-Jul-03	6.14	3.68
6-Aug-03	6.34	3.8
13-Aug-03	6.24	3.75
20-Aug-03	6.28	3.84
27-Aug-03	6.32	3.88
3-Sep-03	6.44	3.98
10-Sep-03	6.16	3.87
17-Sep-03	6.01	3.81
24-Sep-03	5.98	3.77
1-Oct-03	5.77	3.72
8-Oct-03	5.95	3.69
15-Oct-03	6.05	3.79
22-Oct-03	6.05	3.76
29-Oct-03	5.94	3.74
5-Nov-03	5.98	3.73
12-Nov-03	6.03	3.76
19-Nov-03	5.83	3.72
26-Nov-03	5.89	3.77
3-Dec-03	6.02	3.77
10-Dec-03	5.88	3.77
17-Dec-03	5.82	3.77
24-Dec-03	5.81	3.73
31-Dec-03	5.85	3.72
7-Jan-04	5.87	3.76
14-Jan-04	5.66	3.62
21-Jan-04	5.64	3.56
28-Jan-04	5.68	3.59
4-Feb-04	5.72	3.61
11-Feb-04	5.66	3.57
18-Feb-04	5.58	3.53
25-Feb-04	5.58	3.5
3-Mar-04	5.59	3.47
10-Mar-04	5.41	3.41
17-Mar-04	5.38	3.39
24-Mar-04	5.4	3.36
31-Mar-04	5.52	3.46
7-Apr-04	5.79	3.65
14-Apr-04	5.89	3.69
21-Apr-04	5.94	3.69
28-Apr-04	6.01	3.75
5-May-04	6.12	3.76
12-May-04	6.34	3.9
19-May-04	6.3	3.99
26-May-04	6.32	3.87
2-Jun-04	6.28	3.98
9-Jun-04	6.3	4.14
16-Jun-04	6.32	4.13
23-Jun-04	6.25	4.13
30-Jun-04	6.21	4.19
7-Jul-04	6.01	4.05
14-Jul-04	6	4.02
21-Jul-04	5.98	4.12
28-Jul-04	6.08	4.17
4-Aug-04	5.99	4.08
11-Aug-04	5.85	4.08
18-Aug-04	5.81	4.01
25-Aug-04	5.82	4.05
1-Sep-04	5.77	3.97
8-Sep-04	5.83	4
15-Sep-04	5.75	4.03
22-Sep-04	5.7	4
29-Sep-04	5.72	3.97
6-Oct-04	5.82	4.08
13-Oct-04	5.74	4.01
20-Oct-04	5.69	4.02
27-Oct-04	5.64	3.96
3-Nov-04	5.7	4
10-Nov-04	5.76	4.16
17-Nov-04	5.74	4.17
24-Nov-04	5.72	4.27
1-Dec-04	5.81	4.19
8-Dec-04	5.71	4.15
15-Dec-04	5.68	4.18
22-Dec-04	5.75	4.17
29-Dec-04	5.81	4.19
5-Jan-05	5.77	4.1
12-Jan-05	5.74	4.1
19-Jan-05	5.67	4.11
26-Jan-05	5.66	4.18
2-Feb-05	5.63	4.23
9-Feb-05	5.57	4.11
16-Feb-05	5.62	4.15
23-Feb-05	5.69	4.16
2-Mar-05	5.79	4.14
9-Mar-05	5.85	4.24
16-Mar-05	5.95	4.2
23-Mar-05	6.01	4.24
30-Mar-05	6.04	4.33
6-Apr-05	5.93	4.23
13-Apr-05	5.91	4.3
20-Apr-05	5.8	4.26
27-Apr-05	5.78	4.21
4-May-05	5.75	4.22
11-May-05	5.77	4.23
18-May-05	5.71	4.26
25-May-05	5.65	4.21
1-Jun-05	5.62	4.26
8-Jun-05	5.56	4.21
15-Jun-05	5.63	4.25
22-Jun-05	5.57	4.23
29-Jun-05	5.53	4.24
6-Jul-05	5.62	4.33
13-Jul-05	5.66	4.39
20-Jul-05	5.73	4.42
27-Jul-05	5.77	4.46
3-Aug-05	5.82	4.47
10-Aug-05	5.89	4.57
17-Aug-05	5.8	4.58
24-Aug-05	5.77	4.56
31-Aug-05	5.71	4.48
7-Sep-05	5.71	4.45
14-Sep-05	5.74	4.46
21-Sep-05	5.8	4.48
28-Sep-05	5.91	4.68
5-Oct-05	5.98	4.77
12-Oct-05	6.03	4.85
19-Oct-05	6.1	4.89
26-Oct-05	6.15	4.91
2-Nov-05	6.31	5.09
9-Nov-05	6.36	5.12
16-Nov-05	6.37	5.2
23-Nov-05	6.28	5.14
30-Nov-05	6.26	5.16
7-Dec-05	6.32	5.16
14-Dec-05	6.3	5.15
21-Dec-05	6.26	5.22
28-Dec-05	6.22	5.15
4-Jan-06	6.21	5.16
11-Jan-06	6.15	5.15
18-Jan-06	6.1	5.18
25-Jan-06	6.12	5.2
1-Feb-06	6.23	5.33
8-Feb-06	6.24	5.34
15-Feb-06	6.28	5.36
22-Feb-06	6.26	5.32
1-Mar-06	6.24	5.34
8-Mar-06	6.37	5.45
15-Mar-06	6.34	5.37
22-Mar-06	6.32	5.41
29-Mar-06	6.35	5.51
5-Apr-06	6.43	5.57
12-Apr-06	6.49	5.61
19-Apr-06	6.53	5.63
26-Apr-06	6.58	5.68
3-May-06	6.59	5.67
10-May-06	6.58	5.62
17-May-06	6.6	5.62
24-May-06	6.62	5.61
31-May-06	6.67	5.68
7-Jun-06	6.62	5.63
14-Jun-06	6.63	5.66
21-Jun-06	6.71	5.75
28-Jun-06	6.78	5.82
5-Jul-06	6.79	5.83
12-Jul-06	6.74	5.75
19-Jul-06	6.8	5.8
26-Jul-06	6.72	5.78
2-Aug-06	6.63	5.69
9-Aug-06	6.55	5.69
16-Aug-06	6.52	5.65
23-Aug-06	6.48	5.6
30-Aug-06	6.44	5.59
6-Sep-06	6.47	5.63
13-Sep-06	6.43	5.6
20-Sep-06	6.4	5.54
27-Sep-06	6.31	5.47
4-Oct-06	6.3	5.46
11-Oct-06	6.37	5.56
18-Oct-06	6.36	5.57
25-Oct-06	6.4	5.6
1-Nov-06	6.31	5.53
8-Nov-06	6.33	5.55
15-Nov-06	6.24	5.53
22-Nov-06	6.18	5.49
29-Nov-06	6.14	5.46
6-Dec-06	6.11	5.43
13-Dec-06	6.12	5.45
20-Dec-06	6.13	5.44
27-Dec-06	6.18	5.47
3-Jan-07	6.18	5.42
10-Jan-07	6.21	5.44
17-Jan-07	6.23	5.51
24-Jan-07	6.25	5.49
31-Jan-07	6.34	5.54
7-Feb-07	6.28	5.49
14-Feb-07	6.3	5.52
21-Feb-07	6.22	5.49
28-Feb-07	6.18	5.49
7-Mar-07	6.14	5.47
14-Mar-07	6.14	5.42
21-Mar-07	6.16	5.4
28-Mar-07	6.16	5.43
4-Apr-07	6.17	5.44
11-Apr-07	6.22	5.47
18-Apr-07	6.17	5.45
25-Apr-07	6.16	5.43
2-May-07	6.16	5.42
9-May-07	6.15	5.48
16-May-07	6.21	5.48
23-May-07	6.37	5.64
30-May-07	6.42	5.57
6-Jun-07	6.53	5.65
13-Jun-07	6.74	5.75
20-Jun-07	6.69	5.66
27-Jun-07	6.67	5.65
4-Jul-07	6.63	5.71
11-Jul-07	6.73	5.71

Note: The data, which are weekly and extend through July 11, 2007, are contract rates on thirty-year mortgages. Source: Federal Home Loan Mortgage Corporation.

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Change in Prices of Existing Single-family Houses, 1984-2007

Percent

Period	Repeat- transactions index	Average price
1984:Q1	3.71	ND
1984:Q2	4.36	ND
1984:Q3	4.63	ND
1984:Q4	5.47	ND
1985:Q1	5.36	ND
1985:Q2	5.34	ND
1985:Q3	6.23	ND
1985:Q4	6.51	ND
1986:Q1	7.05	ND
1986:Q2	7.61	ND
1986:Q3	7.65	ND
1986:Q4	8.16	ND
1987:Q1	8.38	ND
1987:Q2	8.09	ND
1987:Q3	7.77	ND
1987:Q4	6.79	ND
1988:Q1	6.35	ND
1988:Q2	6.58	ND
1988:Q3	6.08	ND
1988:Q4	6.21	ND
1989:Q1	5.75	ND
1989:Q2	4.91	ND
1989:Q3	6.15	ND
1989:Q4	6.04	ND
1990:Q1	5.08	2.64
1990:Q2	3.67	2.16
1990:Q3	1.70	0.08
1990:Q4	0.26	-1.80
1991:Q1	0.60	3.86
1991:Q2	0.96	8.22
1991:Q3	0.54	9.47
1991:Q4	1.73	10.01
1992:Q1	1.74	4.66
1992:Q2	1.56	1.02
1992:Q3	2.49	0.10
1992:Q4	2.27	1.93
1993:Q1	0.97	-0.64
1993:Q2	2.31	1.63
1993:Q3	2.32	2.92
1993:Q4	2.36	3.28
1994:Q1	3.37	4.77
1994:Q2	3.39	3.61
1994:Q3	3.26	3.43
1994:Q4	2.65	1.93
1995:Q1	2.28	0.44
1995:Q2	2.21	0.24
1995:Q3	2.44	2.49
1995:Q4	2.47	3.01
1996:Q1	3.18	4.65
1996:Q2	3.27	5.72
1996:Q3	3.01	4.07
1996:Q4	3.06	3.89
1997:Q1	2.67	4.73
1997:Q2	2.93	5.39
1997:Q3	3.06	6.37
1997:Q4	3.41	7.49
1998:Q1	4.06	6.24
1998:Q2	4.52	6.74
1998:Q3	5.09	5.22
1998:Q4	5.66	4.50
1999:Q1	5.89	5.94
1999:Q2	6.01	5.23
1999:Q3	6.24	6.29
1999:Q4	6.17	5.80
2000:Q1	6.52	5.59
2000:Q2	6.78	4.51
2000:Q3	6.90	4.44
2000:Q4	7.24	5.35
2001:Q1	7.32	3.59
2001:Q2	7.35	4.97
2001:Q3	7.43	5.56
2001:Q4	7.25	4.72
2002:Q1	7.09	8.81
2002:Q2	7.32	9.42
2002:Q3	7.82	8.12
2002:Q4	8.32	9.89
2003:Q1	8.40	5.87
2003:Q2	8.17	6.52
2003:Q3	8.15	7.76
2003:Q4	8.44	7.88
2004:Q1	8.87	8.35
2004:Q2	9.47	9.71
2004:Q3	10.00	8.53
2004:Q4	10.25	9.35
2005:Q1	10.42	9.72
2005:Q2	10.93	8.88
2005:Q3	10.90	10.35
2005:Q4	10.65	9.07
2006:Q1	10.04	5.65
2006:Q2	8.39	2.63
2006:Q3	6.08	-0.95
2006:Q4	4.31	-1.89
2007:Q1	2.97	-1.35
2007:Q2	ND	-0.79

Note: The data are quarterly, and changes are from one year earlier. The repeat-transactions index extends through 2007:Q1. For the years preceding 1991, that index includes appraisals associated with mortgage refinancings; beginning in 1991, it includes purchase transactions only. The data for average price extend through 2007:Q2, and the reading for Q2 is the average for April and May compared with the same period one year earlier. Source: For repeat transactions, Office of Federal Housing Enterprise Oversight; for average price, National Association of Realtors.

ND No data.

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Mortgage Delinquency Rates, 2001-07

Percent

Period	Prime, fixed rate	Prime, variable rate	Subprime, fixed rate	Subprime, variable rate
Jan-01	0.97	1.62	6.96	9.43
Feb-01	0.97	1.63	6.97	9.48
Mar-01	0.94	1.59	6.84	9.28
Apr-01	0.93	1.63	6.77	9.2
May-01	0.92	1.62	7.24	9.19
Jun-01	0.95	1.65	7.64	9.51
Jul-01	0.98	1.68	7.7	9.67
Aug-01	1	1.69	7.72	9.94
Sep-01	1.05	1.76	8.1	10.19
Oct-01	1.06	1.77	8.09	10.28
Nov-01	1.09	1.8	8.29	10.5
Dec-01	1.13	1.85	8.41	10.55
Jan-02	1.15	1.9	8.6	10.63
Feb-02	1.12	1.84	8.68	10.61
Mar-02	1.06	1.74	8.45	9.95
Apr-02	1.01	1.61	8.53	9.51
May-02	1.03	1.55	8.39	9.11
Jun-02	1.04	1.53	8.57	9.09
Jul-02	1.04	1.47	8.6	8.94
Aug-02	1.07	1.45	8.7	9.04
Sep-02	1.11	1.45	8.9	9.31
Oct-02	1.1	1.4	8.94	9.21
Nov-02	1.14	1.4	9.03	9.23
Dec-02	1.17	1.37	8.91	9.29
Jan-03	1.15	1.21	8.33	9.21
Feb-03	1.16	1.19	8.25	8.99
Mar-03	1.1039	1.1264	8.1768	8.7014
Apr-03	1.091	1.0663	8.0348	8.5105
May-03	1.0688	1.0064	7.8855	8.4188
Jun-03	1.0665	0.9934	7.4567	8.2111
Jul-03	1.0882	0.9587	7.102	7.7622
Aug-03	1.1068	0.9438	6.9791	7.7697
Sep-03	1.1225	0.9276	6.8454	7.6872
Oct-03	1.0656	0.8527	6.6819	7.5786
Nov-03	1.1026	0.8675	6.7077	7.6049
Dec-03	1.095	0.8264	6.6102	7.4249
Jan-04	1.1121	0.8165	6.7581	7.3072
Feb-04	1.0935	0.7909	6.4886	6.9692
Mar-04	1.0302	0.727	6.2791	6.7391
Apr-04	1.0592	0.7001	5.8977	6.2558
May-04	1.0667	0.679	5.8256	6.2302
Jun-04	1.058	0.6611	5.7479	6.1829
Jul-04	1.0703	0.6477	5.7636	6.0815
Aug-04	1.0631	0.6367	5.5887	6.0521
Sep-04	1.0784	0.6351	5.6074	6.0276
Oct-04	1.1	0.6318	5.6157	6.1017
Nov-04	1.1181	0.6406	5.7968	6.1835
Dec-04	1.1097	0.6316	5.7613	6.1281
Jan-05	1.1182	0.6307	5.8478	6.2819
Feb-05	1.0812	0.6156	5.6973	6.1234
Mar-05	1.003	0.5723	5.4544	5.8135
Apr-05	0.9624	0.55	5.2917	5.6146
May-05	0.9636	0.528	5.3245	5.4487
Jun-05	0.9563	0.5258	5.2633	5.4535
Jul-05	0.9492	0.5505	5.3151	5.6031
Aug-05	0.98	0.5723	5.3027	5.6999
Sep-05	0.9935	0.5797	5.3329	5.9118
Oct-05	1.0214	0.5925	5.4746	6.2824
Nov-05	1.1405	0.6641	5.7865	6.7821
Dec-05	1.161	0.6824	5.872	7.0569
Jan-06	1.1519	0.696	5.8814	7.3748
Feb-06	1.0966	0.684	5.7552	7.4482
Mar-06	0.9929	0.6326	5.3851	7.1229
Apr-06	0.9671	0.6277	5.3058	7.2875
May-06	0.9318	0.6274	5.1295	7.4048
Jun-06	0.9183	0.6326	5.1014	7.7246
Jul-06	0.9256	0.658	5.1118	8.2072
Aug-06	0.9168	0.6779	5.1126	8.5396
Sep-06	0.9129	0.7127	5.1978	9.0536
Oct-06	0.9132	0.7494	5.1575	9.4629
Nov-06	0.9269	0.8011	5.2366	10.065
Dec-06	0.8746	0.8187	5.3556	10.6816
Jan-07	0.8688	0.8534	5.3351	11.0065
Feb-07	0.8607	0.8908	5.3055	11.3059
Mar-07	0.8089	0.892	5.1243	11.3097
Apr-07	0.7979	0.9363	5.1495	11.764
May-07	ND	ND	5.2037	12.322

Note: The data are monthly. Prime-mortgage data extend through April 2007, and subprime-mortgage data extend through May 2007. Delinquency rate is the percent of loans ninety days or more past due or in foreclosure. Prime mortgages include near-prime mortgages. Source: First American LoanPerformance. ND No data.

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Spreads Over Libor of Securities Backed by Subprime Residential Mortgages, 2006-07

Figure of spreads over libor of securities backed by subprime residential mortgages, 2006-07. Data are plotted as three curves. The spread over libor of securities rated AAA stays in a range of about 15 basis points to 30 basis points from the beginning of 2006 through early July 2007. The spread over libor of securities rated A holds in a range of about 40 basis points to 70 basis points from the beginning of 2006 to the end of February 2007. It widens in early March, reaching a peak of 150 basis points in mid-April, and then generally falls back to about 50 basis points by mid-June. It widens again in late June, reaching 90 basis points by early July. The spread over libor of securities rated BBB minus stays in a range of about 200 basis points to 375 basis points from the beginning of 2006 to the end of February 2007. It widens sharply in early March, reaching a peak of 900 basis points by early April, and then generally narrows to about 400 basis points by the end of May. It widens again in the second half of June, reaching 750 basis points by early July.

Note: The data are weekly and extend through July 6, 2007.

Source: Merrill Lynch.

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Gross Issuance of Alt-A and Subprime-Mortgage-Backed Securities, 2002-07

Billions of dollars, annual rate

Period	Alt-A	Subprime
2002	4.4552	10.2234
2003	6.1793	16.2465
2004	13.2155	30.2125
2005	27.6936	38.753
2006:H1	30.0486	40.1366
2006:H2	30.8974	34.63
2007:Q1	32.9257	29.4718
2007:Q2	32.9767	27.0267

Note: Alt-A includes such products as mortgages with limited income verification and mortgages secured by non-owner-occupied properties. Source: Inside MBS & ABS.

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Change in Real Business Fixed Investment, 2001-07

Percent, annual rate

Period	Structures	Equipment and software	High-tech equipment and software	Other equipment excluding transportation
2001	-11.15	-9.00	-10.61	-9.29
2002	-14.87	-3.37	-3.69	1.42
2003	0.22	6.63	14.87	4.70
2004	2.74	8.35	6.96	2.89
2005	1.80	6.96	9.75	7.29
2006	11.15	3.99	7.73	2.75
2007:Q1	4.75	1.67	21.10	-9.84

Note: High-tech equipment consists of computers and peripheral equipment and communications equipment. Source: Department of Commerce, Bureau of Economic Analysis.

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Change in Real Business Inventories, 2001-07

Billions of chained (2000) dollars, annual rate

Period	Real business inventories
2001	-31.72
2002	12.48
2003	14.28
2004	53.35
2005	19.65
2006:H1	47.45
2006:Q3	55.69
2006:Q4	22.44
2007:Q1	-4.19

Source: Department of Commerce, Bureau of Economic Analysis.

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Before-Tax Profits of Nonfinancial Corporations as a Percent of Sector GDP, 1979-2007

Percent

Period	Before-tax profits as percent of sector GDP
1979:Q1	11.3197
1979:Q2	10.8
1979:Q3	10.1607
1979:Q4	9.8025
1980:Q1	9.3469
1980:Q2	7.8186
1980:Q3	8.3158
1980:Q4	9.1519
1981:Q1	9.5857
1981:Q2	9.4324
1981:Q3	10.2591
1981:Q4	9.1373
1982:Q1	8.3692
1982:Q2	8.7584
1982:Q3	8.643
1982:Q4	7.8584
1983:Q1	8.7806
1983:Q2	9.9052
1983:Q3	10.5114
1983:Q4	10.6281
1984:Q1	11.6447
1984:Q2	11.7247
1984:Q3	11.2248
1984:Q4	11.1807
1985:Q1	10.8544
1985:Q2	10.5107
1985:Q3	11.2026
1985:Q4	10.2276
1986:Q1	9.6922
1986:Q2	9.3796
1986:Q3	9.0829
1986:Q4	9.0679
1987:Q1	9.3218
1987:Q2	10.045
1987:Q3	10.7255
1987:Q4	10.4853
1988:Q1	10.9826
1988:Q2	10.9362
1988:Q3	10.9147
1988:Q4	11.3468
1989:Q1	10.2028
1989:Q1	9.877
1989:Q3	9.6798
1989:Q4	9.1143
1990:Q1	9.2298
1990:Q2	9.6185
1990:Q3	8.7834
1990:Q4	8.4458
1991:Q1	8.6089
1991:Q2	8.4916
1991:Q3	8.3763
1991:Q4	8.2748
1992:Q1	8.7023
1992:Q2	9.0096
1992:Q3	8.5013
1992:Q4	9.5235
1993:Q1	9.1581
1993:Q2	9.9468
1993:Q3	9.8651
1993:Q4	10.9157
1994:Q1	10.3911
1994:Q2	11.3479
1994:Q3	11.5658
1994:Q4	11.9846
1995:Q1	11.327
1995:Q2	11.2968
1995:Q3	11.998
1995:Q4	12.0109
1996:Q1	12.5862
1996:Q2	12.7069
1996:Q3	12.7084
1996:Q4	12.9165
1997:Q1	12.8845
1997:Q2	12.9256
1997:Q3	13.3702
1997:Q4	12.9189
1998:Q1	11.7932
1998:Q2	11.5468
1998:Q3	11.7851
1998:Q4	11.1433
1999:Q1	11.2163
1999:Q2	11.2425
1999:Q3	10.6166
1999:Q4	10.375
2000:Q1	9.5838
2000:Q2	9.6441
2000:Q3	8.9046
2000:Q4	8.0321
2001:Q1	7.228
2001:Q2	7.135
2001:Q3	6.4616
2001:Q4	6.1576
2002:Q1	7.012
2002:Q2	7.7173
2002:Q3	8.183
2002:Q4	9.0272
2003:Q1	8.3284
2003:Q2	8.5398
2003:Q3	9.0758
2003:Q4	9.4401
2004:Q1	10.4766
2004:Q2	11.0338
2004:Q3	11.2693
2004:Q4	11.2009
2005:Q1	11.6151
2005:Q2	12.4016
2005:Q3	11.622
2005:Q4	12.34
2006:Q1	13.2709
2006:Q2	12.7846
2006:Q3	13.6412
2006:Q4	12.667
2007:Q1	12.8707

Note: The data are quarterly and extend through 2007:Q1. Profits are from domestic operations of nonfinancial corporations, with inventory valuation and capital consumption adjustments. Source: Department of Commerce, Bureau of Economic Analysis.

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Selected Components of Net Financing for Nonfinancial Corporate Businesses, 2003-07

Figure of selected components of net financing for nonfinancial corporate businesses, 2003-07. Data are plotted as both stacked bars and a curve and are expressed in billions of dollars at annual rates. The bars are semiannual for 2003 to 2005 and quarterly for 2006 and the first half of 2007. The stacked bars denote changes in net financing from commercial paper, bonds, and bank loans. Net financing from bonds is the largest of the three components in most years, followed by net financing from bank loans, and then commercial paper. The bond component is large in the first half of 2003, moderately positive over the next 2-1/2 years, and then large again starting in the first quarter of 2006.

Net financing from bank loans is moderately negative in the two halves of 2003, near zero in the two halves of 2004, and then moderately positive in the remainder of the periods. Net financing from commercial paper is near zero in all periods other than the fourth quarter of 2006, in which it is moderately positive. The curve is quarterly and denotes the sum of net financing from the three components. The curve dips from roughly $100 billion in the first two quarters of 2003 to about zero in the third quarter and roughly negative $100 billion in the fourth. The curve then fluctuates between zero and $200 billion through the fourth quarter of 2005 and then fluctuates between $300 billion and a little over $400 billion through the second quarter of 2007.

Note: The data for the components except bonds are seasonally adjusted. The data for the sum of selected components are quarterly. The data for 2007:Q2 are estimated.

Source: Federal Reserve Board; Securities Data Company; and the Federal Financial Institutions Examination Council, Consolidated Reports of Condition and Income (Call Report).

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Net Equity Issuance at Nonfinancial Corporations, 1991-2007

Billions of dollars

Period	Net Issuance
1991	18.25
1992	27
1993	21.3
1994	-44.9
1995	-58.33
1996	-47.325
1997	-77.375
1998	-215.5372
1999	-110.368
2000	-118.204
2001	-48.125
2002	-41.6
2003	-42
2004	-126.575
2005	-363.375
2006	-606.1
2007:Q1	-584.8

Note: The data are annual through 2006; for 2007, they are as of Q1. Data for 2006:Q4 and 2007:Q1 are estimated. Equity issuance includes funds invested by private equity partnerships and stock option proceeds. Source: Federal Reserve Board, flow of funds data.

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Default Rate on Outstanding Corporate Bonds, 1992-2007

Figure of default rate on outstanding corporate bonds, 1992-2007. Data are plotted as a curve. The default rate is about 1 percent in the beginning of 1992, falls to near zero in the middle of that year, and then fluctuates at low levels well below 1 percent through 1998. The default rate generally begins to rise in 1999, reaching a peak of nearly 4 percent in 2002, and then generally falls back to near zero by 2004. It then rises and falls several times in 2005, peaking at just over 1 percent in late 2005, and falls to near zero by the middle of 2006. It remained near zero through June 2007.

Note: The data are monthly and extend through June 2007. The rate for a given month is the face value of the bonds that defaulted in the six months ending that month, multiplied by two to annualize the defaults, and then divided by the face value of all bonds outstanding at the end of the calendar quarter immediately preceding the six-month period.

Source: Moody's Investor Service.

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Net Interest Payments of Nonfinancial Corporations as a Percent of Cash Flow, 1979-2007

Percent

Period	Net interest payments of nonfinancial corporations as a percent of cash flow
1979:Q1	11.3582
1979:Q2	11.9146
1979:Q3	12.558
1979:Q4	13.5905
1980:Q1	14.7332
1980:Q2	15.762
1980:Q3	15.1523
1980:Q4	15.3284
1981:Q1	14.6709
1981:Q2	15.465
1981:Q3	16.0116
1981:Q4	16.8087
1982:Q1	17.812
1982:Q2	17.6627
1982:Q3	17.2702
1982:Q4	17.5771
1983:Q1	16.8265
1983:Q2	15.6111
1983:Q3	15.3915
1983:Q4	15.4429
1984:Q1	14.5532
1984:Q2	14.9079
1984:Q3	15.6914
1984:Q4	15.7134
1985:Q1	15.9101
1985:Q2	15.899
1985:Q3	14.9486
1985:Q4	15.8074
1986:Q1	16.5564
1986:Q2	16.7697
1986:Q3	16.7009
1986:Q4	16.3867
1987:Q1	15.9969
1987:Q2	15.4225
1987:Q3	15.0933
1987:Q4	15.4799
1988:Q1	15.1779
1988:Q2	15.3289
1988:Q3	15.9784
1988:Q4	16.413
1989:Q1	18.6821
1989:Q2	19.5375
1989:Q3	19.8354
1989:Q4	20.131
1990:Q1	19.8822
1990:Q2	19.4174
1990:Q3	19.9267
1990:Q4	19.8486
1991:Q1	19.2772
1991:Q2	18.7431
1991:Q3	18.2485
1991:Q4	17.2842
1992:Q1	16.0683
1992:Q2	15.0033
1992:Q3	14.4017
1992:Q4	13.6087
1993:Q1	13.9571
1993:Q2	12.9186
1993:Q3	12.3744
1993:Q4	11.5916
1994:Q1	10.9706
1994:Q2	10.9088
1994:Q3	11.1828
1994:Q4	11.3693
1995:Q1	12.0695
1995:Q2	12.0417
1995:Q3	11.5061
1995:Q4	11.3108
1996:Q1	10.4504
1996:Q2	10.4061
1996:Q3	10.4188
1996:Q4	10.4879
1997:Q1	10.6701
1997:Q2	10.5994
1997:Q3	10.4937
1997:Q4	10.824
1998:Q1	11.7535
1998:Q2	12.2329
1998:Q3	12.3097
1998:Q4	12.6337
1999:Q1	12.4546
1999:Q2	12.6953
1999:Q3	13.3514
1999:Q4	13.9454
2000:Q1	14.9045
2000:Q2	15.072
2000:Q3	15.756
2000:Q4	16.3252
2001:Q1	16.7931
2001:Q2	16.9326
2001:Q3	16.7212
2001:Q4	17.116
2002:Q1	15.5059
2002:Q2	13.7532
2002:Q3	12.862
2002:Q4	12.0027
2003:Q1	13.1431
2003:Q2	12.1375
2003:Q3	11.1963
2003:Q4	10.4899
2004:Q1	9.6248
2004:Q2	9.4276
2004:Q3	9.0059
2004:Q4	9.2855
2005:Q1	9.4712
2005:Q2	9.2647
2005:Q3	9.3127
2005:Q4	9.6628
2006:Q1	9.6752
2006:Q2	10.0395
2006:Q3	9.4911
2006:Q4	9.9473
2007:Q1	9.8119

Note: The data are quarterly and extend through 2007:Q1. Source: Department of Commerce, Bureau of Economic Analysis.

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Spreads of Ten-Year Investment-Grade Commercial-Mortgage-Backed Securities over Swaps, 1997-2007

Figure of spreads of ten-year investment-grade commercial-mortgage-backed securities over swaps, 1997-2007. Data are plotted as two curves. The spread over swaps of securities rated AAA holds in a tight range of about 20 basis points to 40 basis points from the beginning of 1997 through the end of August 1998. It then begins to widen, reaching a peak of about 110 basis points in mid-October 1998. It then falls back and fluctuates within a relatively narrow range of about 20 basis points to about 75 basis points between the end of 1998 and mid-July of 2007. The spread over swaps of securities rated BBB starts in 1997 at about 80 basis points, generally narrows to about 40 basis points in mid-1997, and then rises to nearly 100 basis points by early 1998. It widens sharply in mid-1998, reaching a peak of more than 250 basis points in early November 1998. It then narrows to about 110 basis points by mid-1999 and fluctuates within a wide range of about 60 basis points to roughly 200 basis points through mid-July 2007. The spread rises significantly in late February 2007 and varies within an elevated range through mid-July.

Note: The data are weekly and extend through July 11, 2007.

Source: Bloomberg.

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Federal Receipts and Expenditures, 1987-2007

Percent of nominal GDP

Period	Expenditures	Receipts	Expenditures excluding net interest
1987	21.57	18.36	18.59
1988	21.24	18.14	18.21
1989	21.17	18.35	18.05
1990	21.84	17.99	18.63
1991	22.32	17.78	19.04
1992	22.14	17.49	18.95
1993	21.43	17.55	18.41
1994	20.99	18.07	18.08
1995	20.69	18.46	17.53
1996	20.27	18.88	17.14
1997	19.56	19.29	16.58
1998	19.16	19.96	16.36
1999	18.65	20.02	16.13
2000	18.43	20.86	16.13
2001	18.52	19.80	16.47
2002	19.38	17.86	17.73
2003	19.99	16.50	18.58
2004	19.90	16.32	18.51
2005	20.16	17.56	18.66
2006	20.32	18.42	18.59
2007	19.98	18.78	18.25

Note: Through 2006, receipts and expenditures are on a unified-budget basis and are for fiscal years (October through September); GDP is for the four quarters ending in Q3. For 2007, receipts and expenditures are for the twelve months ending in June, and GDP is the average of 2006:Q4 and 2007:Q1. Source: Office of Management and Budget.

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Change in Real Government Expenditures on Consumption and Investment, 2001-07

Percent, annual rate

Period	Federal	State and local
2001	6.42	4.22
2002	7.83	2.10
2003	5.54	-0.38
2004	2.27	0.44
2005	2.05	0.77
2006	2.42	2.84
2007:Q1	-3.94	3.92

Source: Department of Commerce, Bureau of Economic Analysis.

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Net Saving, 1987-2007

Percent of nominal GDP

Period	Nonfederal saving	Federal saving	Total
1987:Q1	8.33	-3.91	4.40
1987:Q2	7.29	-2.69	4.60
1987:Q3	7.83	-2.82	5.00
1987:Q4	8.59	-2.85	5.70
1988:Q1	8.71	-2.88	5.80
1988:Q2	8.85	-2.59	6.20
1988:Q3	8.95	-2.49	6.40
1988:Q4	8.91	-2.60	6.30
1989:Q1	8.80	-2.08	6.70
1989:Q2	8.01	-2.36	5.70
1989:Q3	7.50	-2.52	5.00
1989:Q4	7.13	-2.52	4.60
1990:Q1	7.59	-2.95	4.70
1990:Q2	7.92	-2.96	5.00
1990:Q3	7.03	-2.82	4.20
1990:Q4	7.10	-3.13	4.00
1991:Q1	7.79	-2.69	5.10
1991:Q2	7.43	-3.55	3.90
1991:Q3	7.24	-3.85	3.40
1991:Q4	7.69	-4.14	3.60
1992:Q1	8.40	-4.66	3.80
1992:Q2	8.47	-4.64	3.90
1992:Q3	7.07	-4.95	2.10
1992:Q4	7.26	-4.52	2.80
1993:Q1	7.47	-4.60	2.90
1993:Q2	7.12	-4.05	3.10
1993:Q3	6.48	-4.11	2.40
1993:Q4	6.56	-3.69	2.90
1994:Q1	5.78	-3.36	2.50
1994:Q2	6.37	-2.71	3.70
1994:Q3	6.49	-2.97	3.60
1994:Q4	6.75	-2.98	3.80
1995:Q1	7.22	-2.95	4.30
1995:Q2	6.62	-2.66	4.00
1995:Q3	6.76	-2.67	4.10
1995:Q4	6.61	-2.38	4.30
1996:Q1	6.80	-2.39	4.40
1996:Q2	6.50	-1.84	4.70
1996:Q3	6.59	-1.69	4.90
1996:Q4	6.46	-1.36	5.10
1997:Q1	6.40	-1.10	5.30
1997:Q2	6.70	-0.84	5.90
1997:Q3	6.54	-0.42	6.10
1997:Q4	6.49	-0.35	6.10
1998:Q1	6.43	0.15	6.60
1998:Q2	6.08	0.33	6.40
1998:Q3	6.05	0.69	6.70
1998:Q4	5.68	0.59	6.20
1999:Q1	6.04	0.88	6.90
1999:Q2	5.00	1.14	6.10
1999:Q3	4.51	1.16	5.60
1999:Q4	4.73	1.29	6.00
2000:Q1	4.35	2.21	6.40
2000:Q2	4.22	1.85	6.00
2000:Q3	4.10	1.94	5.90
2000:Q4	3.38	1.73	5.00
2001:Q1	3.47	1.56	4.90
2001:Q2	3.06	1.22	4.20
2001:Q3	3.98	-0.87	3.10
2001:Q4	2.50	-0.05	2.40
2002:Q1	4.47	-2.02	2.40
2002:Q2	4.47	-2.31	2.10
2002:Q3	3.93	-2.35	1.60
2002:Q4	4.14	-2.78	1.40
2003:Q1	3.51	-2.71	0.80
2003:Q2	4.35	-3.37	1.00
2003:Q3	5.00	-4.07	0.90
2003:Q4	5.14	-3.40	1.70
2004:Q1	4.90	-3.51	1.40
2004:Q2	4.39	-3.27	1.10
2004:Q3	3.57	-3.23	0.30
2004:Q4	3.88	-3.05	0.80
2005:Q1	3.52	-2.36	1.20
2005:Q2	2.94	-2.35	0.60
2005:Q3	1.20	-3.15	-1.90
2005:Q4	2.53	-2.07	0.50
2006:Q1	3.69	-1.13	2.50
2006:Q2	2.88	-1.24	1.60
2006:Q3	2.77	-1.30	1.50
2006:Q4	3.27	-0.90	2.40
2007:Q1	2.54	-1.05	1.50

Note: The data are quarterly and extend through 2007:Q1. Nonfederal saving is the sum of personal and net business saving and the net saving of state and local governments. Source: Department of Commerce, Bureau of Economic Analysis.

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Federal Government Debt Held by the Public, 1960-2007

Percent of nominal GDP

Period	Federal government debt held by the public
1960	45.0681
1961	43.2265
1962	42.1451
1963	40.0738
1964	38.4696
1965	34.9885
1966	32.8489
1967	32.6054
1968	31.0345
1969	28.6109
1970	28.4449
1971	28.1644
1972	26.3702
1973	24.1808
1974	23.0609
1975	25.8881
1976	27.2139
1977	26.9642
1978	25.7285
1979	24.7192
1980	25.1983
1981	25.6689
1982	29.622
1983	31.6225
1984	33.7979
1985	36.7877
1986	39.7234
1987	39.9029
1988	40.0646
1989	40.3135
1990	42.7121
1991	45.5458
1992	47.5049
1993	49.0642
1994	48.2884
1995	48.345
1996	47.2685
1997	44.9143
1998	41.9058
1999	38.6677
2000	34.0087
2001	33.0468
2002	34.3403
2003	35.9468
2004	36.7158
2005	36.9338
2006	36.2994
2007:Q1	36.4633

Note: The final observation is for 2007:Q1. For previous years, the data for debt are as of year-end, and the corresponding values for GDP are for Q4 at an annual rate. Excludes securities held as investments of federal government accounts. Source: Federal Reserve Board, flow of funds data.

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Treasury Securities Held by Foreign Investors as a Share of Total Outstanding, 1998-2007

Percent

Period	Treasury securities held by foreign investors as a share of total outstanding
1998:Q1	30.6119
1998:Q2	31.4121
1998:Q3	30.6959
1998:Q4	31.3197
1999:Q1	30.8717
1999:Q2	31.5717
1999:Q3	32.3116
1999:Q4	28.975
2000:Q1	29.1998
2000:Q2	30.2281
2000:Q3	30.1333
2000:Q4	30.4198
2001:Q1	30.1169
2001:Q2	30.592
2001:Q3	30.0658
2001:Q4	32.6665
2002:Q1	32.4562
2002:Q2	33.1058
2002:Q3	33.8912
2002:Q4	35.6118
2003:Q1	36.0833
2003:Q2	37.4917
2003:Q3	38.225
2003:Q4	37.7607
2004:Q1	39.9007
2004:Q2	42.4506
2004:Q3	42.7051
2004:Q4	41.2641
2005:Q1	41.8534
2005:Q2	42.9431
2005:Q3	43.5849
2005:Q4	42.6195
2006:Q1	41.9148
2006:Q2	42.6322
2006:Q3	43.0818
2006:Q4	43.7669
2007:Q1	44.2576

Note: The data are quarterly and extend through 2007:Q1. Source: Federal Reserve Board, flow of funds data.

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U.S. Trade and Current Account Balances, 1999-2007

Percent of nominal GDP

Period	U.S. trade account balance	U.S. current account balance
1999:Q1	-2.4	-2.8
1999:Q2	-2.8	-3.1
1999:Q3	-3.1	-3.5
1999:Q4	-3.2	-3.6
2000:Q1	-3.7	-4.1
2000:Q2	-3.7	-4.1
2000:Q3	-3.9	-4.4
2000:Q4	-4.1	-4.5
2001:Q1	-3.9	-4.3
2001:Q2	-3.5	-3.9
2001:Q3	-3.6	-3.6
2001:Q4	-3.4	-3.4
2002:Q1	-3.6	-4.0
2002:Q2	-4.0	-4.4
2002:Q3	-4.1	-4.4
2002:Q4	-4.5	-4.7
2003:Q1	-4.7	-5.0
2003:Q2	-4.6	-4.8
2003:Q3	-4.5	-4.7
2003:Q4	-4.5	-4.5
2004:Q1	-4.8	-4.9
2004:Q2	-5.2	-5.4
2004:Q3	-5.3	-5.4
2004:Q4	-5.6	-6.1
2005:Q1	-5.5	-6.0
2005:Q2	-5.5	-5.9
2005:Q3	-5.8	-5.5
2005:Q4	-6.2	-6.8
2006:Q1	-5.8	-6.2
2006:Q2	-5.8	-6.2
2006:Q3	-6.0	-6.5
2006:Q4	-5.3	-5.6
2007:Q1	-5.2	-5.7

Note: The data are quarterly and extend through 2007:Q1. Source: Department of Commerce.

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Change in Real Imports and Exports of Goods and Services, 1999-2007

Percent

Period	Imports	Exports
1999	12.1	5.6
2000	11.2	6.5
2001	-7.6	-11.9
2002	9.7	3.8
2003	4.8	5.8
2004	10.6	7.0
2005	5.2	6.7
2006	3.3	9.4
2007:Q1	5.5	0.7

Source: Department of Commerce

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Prices of Oil and of Nonfuel Commodities, 2003-07

Period	Price of oil, dollars per barrel	Prices of nonfuel commodities*
January 2003	32.9	100.0
February 2003	35.9	100.4
March 2003	33.6	98.7
April 2003	28.3	98.1
May 2003	28.1	98.5
June 2003	30.7	98.1
July 2003	30.8	97.7
August 2003	31.6	99.3
September 2003	28.3	101.5
October 2003	30.3	105.6
November 2003	31.1	108.0
December 2003	32.2	109.9
January 2004	34.2	115.4
February 2004	34.7	119.7
March 2004	36.8	122.8
April 2004	36.7	122.9
May 2004	40.3	121.7
June 2004	38.0	121.6
July 2004	40.8	121.4
August 2004	44.9	118.9
September 2004	46.0	118.5
October 2004	53.1	118.8
November 2004	48.5	119.4
December 2004	43.3	119.7
January 2005	46.8	125.5
February 2005	48.0	129.2
March 2005	54.2	134.6
April 2005	53.0	131.2
May 2005	49.8	130.5
June 2005	56.4	131.5
July 2005	58.7	130.8
August 2005	65.0	132.5
September 2005	65.6	132.8
October 2005	62.4	134.3
November 2005	58.3	135.2
December 2005	59.4	140.7
January 2006	65.5	147.5
February 2006	61.6	152.3
March 2006	62.9	153.3
April 2006	69.7	163.3
May 2006	70.9	178.4
June 2006	71.0	171.5
July 2006	74.4	176.0
August 2006	73.1	176.3
September 2006	63.9	174.9
October 2006	58.9	180.1
November 2006	59.2	182.1
December 2006	62.1	184.6
January 2007	54.2	182.5
February 2007	59.3	186.8
March 2007	60.6	192.1
April 2007	64.0	202.6
May 2007	63.5	205.6
June 2007	67.5	205.9
July 2007	72.5	ND

Note: The data are monthly. The price of nonfuel commodities extends through June 2007. The last observation for the oil price is the average for July 1 through July 13, 2007. The oil price is the spot price of West Texas intermediate crude oil. The price of nonfuel commodities is an index of forty-five primary-commodity prices. *For nonfuel commodities, index January 2003 = 100.  Return to table Source: For oil, the Commodity Research Bureau; for nonfuel commodities, International Monetary Fund.

Return to text

U.S. Net Financial Inflows, 2003-07

Billions of dollars

Period	Net official financial inflows	Net private financial inflows
2003:Q1	50.7	109.1
2003:Q2	67.0	-3.7
2003:Q3	64.3	65.3
2003:Q4	98.2	88.1
2004:Q1	148.9	-27.0
2004:Q2	81.1	84.9
2004:Q3	77.0	26.2
2004:Q4	95.2	70.4
2005:Q1	33.0	113.0
2005:Q2	81.5	16.0
2005:Q3	61.0	181.2
2005:Q4	103.4	188.2
2006:Q1	126.8	67.3
2006:Q2	122.1	21.2
2006:Q3	111.4	128.7
2006:Q4	87.7	139.3
2007:Q1	148.2	54.5

Note: The data are quarterly and extend through 2007:Q1. Source: Department of Commerce.

Return to text

Net Private Foreign Purchases of Long-term U.S. Securities, 2003-07

Billions of dollars

Period	Bonds	Equities
2003:Q1	64.8	-2.8
2003:Q2	110.4	19.6
2003:Q3	55.1	-4.8
2003:Q4	47.1	22.3
2004:Q1	69.7	5.5
2004:Q2	140.0	7.7
2004:Q3	76.2	0.8
2004:Q4	110.2	45.6
2005:Q1	133.9	19.7
2005:Q2	82.4	12.5
2005:Q3	150.6	30.5
2005:Q4	143.1	25.6
2006:Q1	79.8	63.0
2006:Q2	110.8	18.0
2006:Q3	92.0	35.1
2006:Q4	117.0	26.6
2007:Q1	115.2	49.1

Note: The data are quarterly and extend through 2007:Q1. Source: Department of Commerce.

Return to text

Net Change in Payroll Employment, 2001-07

Thousands of jobs, monthly average

Period	Net change in payroll employment
2001	-146.92
2002	-44.17
2003	8.92
2004	172.08
2005	211.75
2006:H1	187.67
2006:H2	189.50
2007:Q1	142.33
2007:Q2	148.00

Note: Nonfarm business sector. Source: Department of Labor, Bureau of Labor Statistics.

Return to text

Civilian Unemployment Rate, 1974-2007

Percent

Period	Civilian unemployment rate
January 1974	5.1
February 1974	5.2
March 1974	5.1
April 1974	5.1
May 1974	5.1
June 1974	5.4
July 1974	5.5
August 1974	5.5
September 1974	5.9
October 1974	6.0
November 1974	6.6
December 1974	7.2
January 1975	8.1
February 1975	8.1
March 1975	8.6
April 1975	8.8
May 1975	9.0
June 1975	8.8
July 1975	8.6
August 1975	8.4
September 1975	8.4
October 1975	8.4
November 1975	8.3
December 1975	8.2
January 1976	7.9
February 1976	7.7
March 1976	7.6
April 1976	7.7
May 1976	7.4
June 1976	7.6
July 1976	7.8
August 1976	7.8
September 1976	7.6
October 1976	7.7
November 1976	7.8
December 1976	7.8
January 1977	7.5
February 1977	7.6
March 1977	7.4
April 1977	7.2
May 1977	7.0
June 1977	7.2
July 1977	6.9
August 1977	7.0
September 1977	6.8
October 1977	6.8
November 1977	6.8
December 1977	6.4
January 1978	6.4
February 1978	6.3
March 1978	6.3
April 1978	6.1
May 1978	6.0
June 1978	5.9
July 1978	6.2
August 1978	5.9
September 1978	6.0
October 1978	5.8
November 1978	5.9
December 1978	6.0
January 1979	5.9
February 1979	5.9
March 1979	5.8
April 1979	5.8
May 1979	5.6
June 1979	5.7
July 1979	5.7
August 1979	6.0
September 1979	5.9
October 1979	6.0
November 1979	5.9
December 1979	6.0
January 1980	6.3
February 1980	6.3
March 1980	6.3
April 1980	6.9
May 1980	7.5
June 1980	7.6
July 1980	7.8
August 1980	7.7
September 1980	7.5
October 1980	7.5
November 1980	7.5
December 1980	7.2
January 1981	7.5
February 1981	7.4
March 1981	7.4
April 1981	7.2
May 1981	7.5
June 1981	7.5
July 1981	7.2
August 1981	7.4
September 1981	7.6
October 1981	7.9
November 1981	8.3
December 1981	8.5
January 1982	8.6
February 1982	8.9
March 1982	9.0
April 1982	9.3
May 1982	9.4
June 1982	9.6
July 1982	9.8
August 1982	9.8
September 1982	10.1
October 1982	10.4
November 1982	10.8
December 1982	10.8
January 1983	10.4
February 1983	10.4
March 1983	10.3
April 1983	10.2
May 1983	10.1
June 1983	10.1
July 1983	9.4
August 1983	9.5
September 1983	9.2
October 1983	8.8
November 1983	8.5
December 1983	8.3
January 1984	8.0
February 1984	7.8
March 1984	7.8
April 1984	7.7
May 1984	7.4
June 1984	7.2
July 1984	7.5
August 1984	7.5
September 1984	7.3
October 1984	7.4
November 1984	7.2
December 1984	7.3
January 1985	7.3
February 1985	7.2
March 1985	7.2
April 1985	7.3
May 1985	7.2
June 1985	7.4
July 1985	7.4
August 1985	7.1
September 1985	7.1
October 1985	7.1
November 1985	7.0
December 1985	7.0
January 1986	6.7
February 1986	7.2
March 1986	7.2
April 1986	7.1
May 1986	7.2
June 1986	7.2
July 1986	7.0
August 1986	6.9
September 1986	7.0
October 1986	7.0
November 1986	6.9
December 1986	6.6
January 1987	6.6
February 1987	6.6
March 1987	6.6
April 1987	6.3
May 1987	6.3
June 1987	6.2
July 1987	6.1
August 1987	6.0
September 1987	5.9
October 1987	6.0
November 1987	5.8
December 1987	5.7
January 1988	5.7
February 1988	5.7
March 1988	5.7
April 1988	5.4
May 1988	5.6
June 1988	5.4
July 1988	5.4
August 1988	5.6
September 1988	5.4
October 1988	5.4
November 1988	5.3
December 1988	5.3
January 1989	5.4
February 1989	5.2
March 1989	5.0
April 1989	5.2
May 1989	5.2
June 1989	5.3
July 1989	5.2
August 1989	5.2
September 1989	5.3
October 1989	5.3
November 1989	5.4
December 1989	5.4
January 1990	5.4
February 1990	5.3
March 1990	5.2
April 1990	5.4
May 1990	5.4
June 1990	5.2
July 1990	5.5
August 1990	5.7
September 1990	5.9
October 1990	5.9
November 1990	6.2
December 1990	6.3
January 1991	6.4
February 1991	6.6
March 1991	6.8
April 1991	6.7
May 1991	6.9
June 1991	6.9
July 1991	6.8
August 1991	6.9
September 1991	6.9
October 1991	7.0
November 1991	7.0
December 1991	7.3
January 1992	7.3
February 1992	7.4
March 1992	7.4
April 1992	7.4
May 1992	7.6
June 1992	7.8
July 1992	7.7
August 1992	7.6
September 1992	7.6
October 1992	7.3
November 1992	7.4
December 1992	7.4
January 1993	7.3
February 1993	7.1
March 1993	7.0
April 1993	7.1
May 1993	7.1
June 1993	7.0
July 1993	6.9
August 1993	6.8
September 1993	6.7
October 1993	6.8
November 1993	6.6
December 1993	6.5
January 1994	6.6
February 1994	6.6
March 1994	6.5
April 1994	6.4
May 1994	6.1
June 1994	6.1
July 1994	6.1
August 1994	6.0
September 1994	5.9
October 1994	5.8
November 1994	5.6
December 1994	5.5
January 1995	5.6
February 1995	5.4
March 1995	5.4
April 1995	5.8
May 1995	5.6
June 1995	5.6
July 1995	5.7
August 1995	5.7
September 1995	5.6
October 1995	5.5
November 1995	5.6
December 1995	5.6
January 1996	5.6
February 1996	5.5
March 1996	5.5
April 1996	5.6
May 1996	5.6
June 1996	5.3
July 1996	5.5
August 1996	5.1
September 1996	5.2
October 1996	5.2
November 1996	5.4
December 1996	5.4
January 1997	5.3
February 1997	5.2
March 1997	5.2
April 1997	5.1
May 1997	4.9
June 1997	5.0
July 1997	4.9
August 1997	4.8
September 1997	4.9
October 1997	4.7
November 1997	4.6
December 1997	4.7
January 1998	4.6
February 1998	4.6
March 1998	4.7
April 1998	4.3
May 1998	4.4
June 1998	4.5
July 1998	4.5
August 1998	4.5
September 1998	4.6
October 1998	4.5
November 1998	4.4
December 1998	4.4
January 1999	4.3
February 1999	4.4
March 1999	4.2
April 1999	4.3
May 1999	4.2
June 1999	4.3
July 1999	4.3
August 1999	4.2
September 1999	4.2
October 1999	4.1
November 1999	4.1
December 1999	4.0
January 2000	4.0
February 2000	4.1
March 2000	4.0
April 2000	3.8
May 2000	4.0
June 2000	4.0
July 2000	4.0
August 2000	4.1
September 2000	3.9
October 2000	3.9
November 2000	3.9
December 2000	3.9
January 2001	4.2
February 2001	4.2
March 2001	4.3
April 2001	4.4
May 2001	4.3
June 2001	4.5
July 2001	4.6
August 2001	4.9
September 2001	5.0
October 2001	5.3
November 2001	5.5
December 2001	5.7
January 2002	5.7
February 2002	5.7
March 2002	5.7
April 2002	5.9
May 2002	5.8
June 2002	5.8
July 2002	5.8
August 2002	5.7
September 2002	5.7
October 2002	5.7
November 2002	5.9
December 2002	6.0
January 2003	5.8
February 2003	5.9
March 2003	5.9
April 2003	6.0
May 2003	6.1
June 2003	6.3
July 2003	6.2
August 2003	6.1
September 2003	6.1
October 2003	6.0
November 2003	5.8
December 2003	5.7
January 2004	5.7
February 2004	5.6
March 2004	5.8
April 2004	5.6
May 2004	5.6
June 2004	5.6
July 2004	5.5
August 2004	5.4
September 2004	5.4
October 2004	5.4
November 2004	5.4
December 2004	5.4
January 2005	5.2
February 2005	5.4
March 2005	5.2
April 2005	5.1
May 2005	5.1
June 2005	5.0
July 2005	5.0
August 2005	4.9
September 2005	5.1
October 2005	5.0
November 2005	5.0
December 2005	4.9
January 2006	4.7
February 2006	4.8
March 2006	4.7
April 2006	4.7
May 2006	4.6
June 2006	4.6
July 2006	4.8
August 2006	4.7
September 2006	4.6
October 2006	4.4
November 2006	4.5
December 2006	4.5
January 2007	4.6
February 2007	4.5
March 2007	4.4
April 2007	4.5
May 2007	4.5
June 2007	4.5

Note: The data are monthly and extend through June 2007. Source: Department of Labor, Bureau of Labor Statistics.

Return to text

Labor Force Participation Rate, 1974-2007

Percent

Period	Labor force participation rate
January 1974	61.3
February 1974	61.4
March 1974	61.3
April 1974	61.1
May 1974	61.2
June 1974	61.2
July 1974	61.4
August 1974	61.2
September 1974	61.4
October 1974	61.3
November 1974	61.3
December 1974	61.2
January 1975	61.4
February 1975	61.0
March 1975	61.2
April 1975	61.3
May 1975	61.5
June 1975	61.2
July 1975	61.3
August 1975	61.3
September 1975	61.2
October 1975	61.2
November 1975	61.1
December 1975	61.1
January 1976	61.3
February 1976	61.3
March 1976	61.3
April 1976	61.6
May 1976	61.5
June 1976	61.5
July 1976	61.8
August 1976	61.8
September 1976	61.6
October 1976	61.6
November 1976	61.9
December 1976	61.8
January 1977	61.6
February 1977	61.9
March 1977	62.0
April 1977	62.1
May 1977	62.2
June 1977	62.4
July 1977	62.1
August 1977	62.3
September 1977	62.3
October 1977	62.4
November 1977	62.8
December 1977	62.7
January 1978	62.8
February 1978	62.7
March 1978	62.8
April 1978	63.0
May 1978	63.1
June 1978	63.3
July 1978	63.2
August 1978	63.2
September 1978	63.3
October 1978	63.3
November 1978	63.5
December 1978	63.6
January 1979	63.6
February 1979	63.8
March 1979	63.8
April 1979	63.5
May 1979	63.3
June 1979	63.5
July 1979	63.6
August 1979	63.6
September 1979	63.8
October 1979	63.7
November 1979	63.7
December 1979	63.9
January 1980	64.0
February 1980	64.0
March 1980	63.7
April 1980	63.8
May 1980	63.9
June 1980	63.7
July 1980	63.8
August 1980	63.7
September 1980	63.6
October 1980	63.7
November 1980	63.8
December 1980	63.6
January 1981	63.9
February 1981	63.9
March 1981	64.1
April 1981	64.2
May 1981	64.3
June 1981	63.7
July 1981	63.8
August 1981	63.8
September 1981	63.5
October 1981	63.8
November 1981	63.9
December 1981	63.6
January 1982	63.7
February 1982	63.8
March 1982	63.8
April 1982	63.9
May 1982	64.2
June 1982	63.9
July 1982	64.0
August 1982	64.1
September 1982	64.1
October 1982	64.1
November 1982	64.2
December 1982	64.1
January 1983	63.9
February 1983	63.8
March 1983	63.7
April 1983	63.8
May 1983	63.7
June 1983	64.3
July 1983	64.1
August 1983	64.3
September 1983	64.3
October 1983	64.0
November 1983	64.1
December 1983	64.1
January 1984	63.9
February 1984	64.1
March 1984	64.1
April 1984	64.3
May 1984	64.5
June 1984	64.6
July 1984	64.6
August 1984	64.4
September 1984	64.4
October 1984	64.4
November 1984	64.5
December 1984	64.6
January 1985	64.7
February 1985	64.7
March 1985	64.9
April 1985	64.9
May 1985	64.8
June 1985	64.6
July 1985	64.7
August 1985	64.6
September 1985	64.9
October 1985	65.0
November 1985	64.9
December 1985	65.0
January 1986	64.9
February 1986	65.0
March 1986	65.1
April 1986	65.1
May 1986	65.2
June 1986	65.4
July 1986	65.4
August 1986	65.3
September 1986	65.4
October 1986	65.4
November 1986	65.4
December 1986	65.3
January 1987	65.4
February 1987	65.5
March 1987	65.5
April 1987	65.4
May 1987	65.7
June 1987	65.5
July 1987	65.6
August 1987	65.7
September 1987	65.5
October 1987	65.7
November 1987	65.7
December 1987	65.7
January 1988	65.8
February 1988	65.9
March 1988	65.7
April 1988	65.8
May 1988	65.7
June 1988	65.8
July 1988	65.9
August 1988	66.1
September 1988	65.9
October 1988	66.0
November 1988	66.2
December 1988	66.1
January 1989	66.5
February 1989	66.3
March 1989	66.3
April 1989	66.4
May 1989	66.3
June 1989	66.5
July 1989	66.5
August 1989	66.5
September 1989	66.4
October 1989	66.5
November 1989	66.6
December 1989	66.5
January 1990	66.8
February 1990	66.7
March 1990	66.7
April 1990	66.6
May 1990	66.6
June 1990	66.4
July 1990	66.5
August 1990	66.5
September 1990	66.4
October 1990	66.4
November 1990	66.4
December 1990	66.4
January 1991	66.2
February 1991	66.2
March 1991	66.3
April 1991	66.4
May 1991	66.2
June 1991	66.2
July 1991	66.1
August 1991	66.0
September 1991	66.2
October 1991	66.1
November 1991	66.1
December 1991	66.0
January 1992	66.3
February 1992	66.2
March 1992	66.4
April 1992	66.5
May 1992	66.6
June 1992	66.7
July 1992	66.7
August 1992	66.6
September 1992	66.5
October 1992	66.2
November 1992	66.3
December 1992	66.3
January 1993	66.2
February 1993	66.2
March 1993	66.2
April 1993	66.1
May 1993	66.4
June 1993	66.5
July 1993	66.4
August 1993	66.4
September 1993	66.2
October 1993	66.3
November 1993	66.3
December 1993	66.4
January 1994	66.6
February 1994	66.6
March 1994	66.5
April 1994	66.5
May 1994	66.6
June 1994	66.4
July 1994	66.4
August 1994	66.6
September 1994	66.6
October 1994	66.7
November 1994	66.7
December 1994	66.7
January 1995	66.8
February 1995	66.8
March 1995	66.7
April 1995	66.9
May 1995	66.5
June 1995	66.5
July 1995	66.6
August 1995	66.6
September 1995	66.6
October 1995	66.6
November 1995	66.5
December 1995	66.4
January 1996	66.4
February 1996	66.6
March 1996	66.6
April 1996	66.7
May 1996	66.7
June 1996	66.7
July 1996	66.9
August 1996	66.7
September 1996	66.9
October 1996	67.0
November 1996	67.0
December 1996	67.0
January 1997	67.0
February 1997	66.9
March 1997	67.1
April 1997	67.1
May 1997	67.1
June 1997	67.1
July 1997	67.2
August 1997	67.2
September 1997	67.1
October 1997	67.1
November 1997	67.2
December 1997	67.2
January 1998	67.1
February 1998	67.1
March 1998	67.1
April 1998	67.0
May 1998	67.0
June 1998	67.0
July 1998	67.0
August 1998	67.0
September 1998	67.2
October 1998	67.2
November 1998	67.1
December 1998	67.2
January 1999	67.2
February 1999	67.2
March 1999	67.0
April 1999	67.1
May 1999	67.1
June 1999	67.1
July 1999	67.1
August 1999	67.0
September 1999	67.0
October 1999	67.0
November 1999	67.1
December 1999	67.1
January 2000	67.3
February 2000	67.3
March 2000	67.3
April 2000	67.3
May 2000	67.1
June 2000	67.1
July 2000	66.9
August 2000	66.9
September 2000	66.9
October 2000	66.8
November 2000	66.9
December 2000	67.0
January 2001	67.2
February 2001	67.1
March 2001	67.2
April 2001	66.9
May 2001	66.7
June 2001	66.7
July 2001	66.8
August 2001	66.5
September 2001	66.8
October 2001	66.7
November 2001	66.7
December 2001	66.7
January 2002	66.5
February 2002	66.8
March 2002	66.6
April 2002	66.7
May 2002	66.7
June 2002	66.6
July 2002	66.5
August 2002	66.6
September 2002	66.7
October 2002	66.6
November 2002	66.4
December 2002	66.3
January 2003	66.4
February 2003	66.4
March 2003	66.3
April 2003	66.4
May 2003	66.4
June 2003	66.5
July 2003	66.2
August 2003	66.1
September 2003	66.1
October 2003	66.1
November 2003	66.2
December 2003	66.0
January 2004	66.1
February 2004	66.0
March 2004	66.0
April 2004	65.9
May 2004	65.9
June 2004	66.1
July 2004	66.1
August 2004	66.0
September 2004	65.8
October 2004	65.9
November 2004	66.0
December 2004	66.0
January 2005	65.8
February 2005	65.9
March 2005	65.8
April 2005	66.0
May 2005	66.1
June 2005	66.0
July 2005	66.1
August 2005	66.2
September 2005	66.2
October 2005	66.1
November 2005	66.1
December 2005	66.0
January 2006	66.0
February 2006	66.1
March 2006	66.1
April 2006	66.1
May 2006	66.1
June 2006	66.2
July 2006	66.2
August 2006	66.2
September 2006	66.2
October 2006	66.2
November 2006	66.3
December 2006	66.4
January 2007	66.3
February 2007	66.2
March 2007	66.2
April 2007	66.0
May 2007	66.0
June 2007	66.1

Note: The data are monthly and extend through June 2007 Source: Department of Labor, Bureau of Labor Statistics.

Return to text

Change in Output per Hour, 1948-2007

Percent, annual rate

Period	Change in output per hour
1948-73	2.7
1974-95	1.5
1996-2000	2.6
2001	3.3
2002	2.9
2003	4.7
2004	1.8
2005	2.1
2006	1.6
2007:Q1	1.0

Note: Nonfarm business sector. Change for each multiyear period is measured from the fourth quarter of the year immediately preceding the period to the fourth quarter of the final year of the period. Source: Department of Labor, Bureau of Labor Statistics.

Return to text

Measures of Change in Hourly Compensation, 1997-2007

Percent

Period	Nonfarm business compensation per hour	Employment cost index
1997:Q1	2.8	3.0
1997:Q2	2.6	2.9
1997:Q3	2.8	3.1
1997:Q4	4.2	3.5
1998:Q1	5.5	3.6
1998:Q2	6.1	3.5
1998:Q3	6.8	3.9
1998:Q4	5.5	3.5
1999:Q1	5.5	2.9
1999:Q2	4.4	3.3
1999:Q3	3.7	3.0
1999:Q4	5.2	3.5
2000:Q1	6.9	4.6
2000:Q2	6.9	4.6
2000:Q3	8.0	4.7
2000:Q4	6.5	4.2
2001:Q1	4.5	4.2
2001:Q2	4.9	4.0
2001:Q3	3.4	4.0
2001:Q4	3.6	4.1
2002:Q1	3.5	3.8
2002:Q2	4.0	4.0
2002:Q3	3.9	3.5
2002:Q4	3.1	3.1
2003:Q1	3.0	3.6
2003:Q2	3.5	3.5
2003:Q3	4.4	3.9
2003:Q4	5.2	4.0
2004:Q1	4.2	3.8
2004:Q2	3.4	3.9
2004:Q3	3.1	3.8
2004:Q4	3.7	3.8
2005:Q1	4.6	3.5
2005:Q2	3.9	3.1
2005:Q3	4.5	2.9
2005:Q4	3.7	2.9
2006:Q1	5.7	2.6
2006:Q2	5.1	2.8
2006:Q3	3.5	3.0
2006:Q4	5.6	3.2
2007:Q1	3.2	3.2

Note: The data are quarterly and extend through 2007:Q1. For nonfarm business compensation, change is over four quarters; for the employment cost index (ECI), change is over the twelve months ending in the last month of each quarter. The nonfarm business sector excludes farms, government, nonprofit institutions, and households. The sector covered by the ECI used here is the same as the nonfarm business sector plus nonprofit institutions. A new ECI series was introduced for data as of 2001, but the new series is continuous with the old. Source: Department of Labor, Bureau of Labor Statistics.

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Change in Unit Labor Costs, 1996-2007

Percent, annual rate

Period	Change in unit labor costs
1996-2000	2.25
2001	0.40
2002	0.20
2003	0.50
2004	1.80
2005	1.50
2006	4.00
2007:Q1	1.80

Note: Nonfarm business sector. The change for 1996 to 2000 is measured from 1995:Q4 to 2000:Q4. Source: Department of Labor, Bureau of Labor Statistics.

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Change in Core Consumer Prices, 2001-07

Percent, annual rate

Period	Core consumer price index	Chain-type price index for core PCE
2000	2.58	1.51
2001	2.74	2.17
2002	1.92	1.56
2003	1.15	1.49
2004	2.17	2.21
2005	2.17	2.12
2006	2.57	2.15
2007:H1	2.14	1.97

Note: Through 2006, change is from December to December; for 2007, change is from December to May.

Source: For core consumer price index, Department of Labor, Bureau of Labor Statistics; for core PCE price index, Department of Commerce, Bureau of Economic Analysis.

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TIPS-Based Inflation Compensation, 2003-07

Figure of TIPS-based inflation compensation, 2003-07. Data are plotted as two curves. Five-year five-year-forward inflation compensation fluctuates around an average of about 2.75 percent. It begins 2003 at about 2.75 percent, falls to about 2.25 percent in the middle of that year, and then rises to around 3.25 percent toward the end of 2003. It then fluctuates between 2.75 percent and 3.25 percent through the middle of 2004, and by the middle of 2005, it falls to about 2.5 percent. It then varies within a relatively narrow range around 2.5 percent through mid-2007. Five-year inflation compensation is about 1.25 percent at the beginning of 2003 and then rises gradually to a peak of just under 3 percent in the first half of 2005. It then fluctuates within a 50 basis point band around 2.5 percent though the end of 2006, when it falls more sharply to about 2 percent. It rises again to near 2.5 percent in early 2007 but then falls back to about 2.25 percent by mid-2007.

Note: The data are daily and extend through July 13, 2007. Based on a comparison of the yield curve for Treasury inflation-protected securities (TIPS) with the nominal off-the-run Treasury yield curve.

Source: Federal Reserve Board calculations based on data provided by the Federal Reserve Bank of New York and Barclays.

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Implied S&P Volatility, 2000-07

Percent

Period	Implied S&P volatility
7-Jan-00	21.72
14-Jan-00	19.66
21-Jan-00	20.82
28-Jan-00	26.14
4-Feb-00	21.54
11-Feb-00	24.42
18-Feb-00	26
25-Feb-00	25.2
3-Mar-00	19.21
10-Mar-00	21.24
17-Mar-00	22.37
24-Mar-00	23.31
31-Mar-00	23.67
7-Apr-00	24.39
14-Apr-00	33.49
21-Apr-00	25.85
28-Apr-00	26.2
5-May-00	27.53
12-May-00	26.05
19-May-00	25.44
26-May-00	24.47
2-Jun-00	21.48
9-Jun-00	22.14
16-Jun-00	20.5
23-Jun-00	22.34
30-Jun-00	19.54
7-Jul-00	19.22
14-Jul-00	19.32
21-Jul-00	18.94
28-Jul-00	20.84
4-Aug-00	18.62
11-Aug-00	18.55
18-Aug-00	17.05
25-Aug-00	16.53
1-Sep-00	17.53
8-Sep-00	18.46
15-Sep-00	18.52
22-Sep-00	20.74
29-Sep-00	20.57
6-Oct-00	22.71
13-Oct-00	27.6
20-Oct-00	24.24
27-Oct-00	26.47
3-Nov-00	23.67
10-Nov-00	28.53
17-Nov-00	24.81
24-Nov-00	26
1-Dec-00	27.48
8-Dec-00	22.41
15-Dec-00	26.55
22-Dec-00	27.55
29-Dec-00	26.85
5-Jan-01	28.67
12-Jan-01	24.56
19-Jan-01	23.24
26-Jan-01	22.57
2-Feb-01	23.19
9-Feb-01	22.03
16-Feb-01	22.12
23-Feb-01	27.21
2-Mar-01	27.43
9-Mar-01	25.62
16-Mar-01	29.91
23-Mar-01	30.45
30-Mar-01	28.64
6-Apr-01	31.69
13-Apr-01	26.12
20-Apr-01	25.38
27-Apr-01	26.61
4-May-01	23.91
11-May-01	23.54
18-May-01	21.23
25-May-01	20.6
1-Jun-01	21.59
8-Jun-01	19.92
15-Jun-01	22.81
22-Jun-01	20.02
29-Jun-01	19.06
6-Jul-01	21.63
13-Jul-01	21.14
20-Jul-01	22.34
27-Jul-01	22
3-Aug-01	19.89
10-Aug-01	20.55
17-Aug-01	23.84
24-Aug-01	19.71
31-Aug-01	24.92
7-Sep-01	30.99
14-Sep-01	31.84
21-Sep-01	42.66
28-Sep-01	31.93
5-Oct-01	33.39
12-Oct-01	35.27
19-Oct-01	34.11
26-Oct-01	28.42
2-Nov-01	30.71
9-Nov-01	27.44
16-Nov-01	25.07
23-Nov-01	23.25
30-Nov-01	24.92
7-Dec-01	23.49
14-Dec-01	24.63
21-Dec-01	22.5
28-Dec-01	21.4
4-Jan-02	20.45
11-Jan-02	22.6
18-Jan-02	22.52
25-Jan-02	21.01
1-Feb-02	21.12
8-Feb-02	23.26
15-Feb-02	22.37
22-Feb-02	22.86
1-Mar-02	19.96
8-Mar-02	19.27
15-Mar-02	18.42
22-Mar-02	17.77
29-Mar-02	17.4
5-Apr-02	19.13
12-Apr-02	19.42
19-Apr-02	18.3
26-Apr-02	22.14
3-May-02	20.19
10-May-02	22.41
17-May-02	17.7
24-May-02	18.9
31-May-02	19.98
7-Jun-02	23.51
14-Jun-02	25.96
21-Jun-02	27.23
28-Jun-02	25.4
5-Jul-02	27.11
12-Jul-02	32.94
19-Jul-02	38.17
26-Jul-02	35.51
2-Aug-02	41.29
9-Aug-02	35.33
16-Aug-02	28.81
23-Aug-02	29.32
30-Aug-02	32.64
6-Sep-02	36.33
13-Sep-02	35.82
20-Sep-02	38.98
27-Sep-02	36.97
4-Oct-02	39.46
11-Oct-02	35.7
18-Oct-02	33.53
25-Oct-02	30
1-Nov-02	29.3
8-Nov-02	29.41
15-Nov-02	26.65
22-Nov-02	23.16
29-Nov-02	27.5
6-Dec-02	28.88
13-Dec-02	28.18
20-Dec-02	26.71
27-Dec-02	29.55
3-Jan-03	24.68
10-Jan-03	24.32
17-Jan-03	25.7
24-Jan-03	31.51
31-Jan-03	31.17
7-Feb-03	34.01
14-Feb-03	32.62
21-Feb-03	30.25
28-Feb-03	29.63
7-Mar-03	31.08
14-Mar-03	30.98
21-Mar-03	28.67
28-Mar-03	27.75
4-Apr-03	29.13
11-Apr-03	24.44
18-Apr-03	21.5
25-Apr-03	20.8
2-May-03	20.63
9-May-03	19.69
16-May-03	18.4
23-May-03	19.17
30-May-03	19.47
6-Jun-03	21.25
13-Jun-03	20.66
20-Jun-03	19.14
27-Jun-03	19.16
4-Jul-03	19.39
11-Jul-03	18.47
18-Jul-03	19.11
25-Jul-03	17.75
1-Aug-03	20.75
8-Aug-03	19.59
15-Aug-03	18.27
22-Aug-03	18.55
29-Aug-03	18.63
5-Sep-03	18.17
12-Sep-03	18.68
19-Sep-03	19.08
26-Sep-03	22.23
3-Oct-03	19.5
10-Oct-03	18.45
17-Oct-03	17.62
24-Oct-03	17.71
31-Oct-03	16.1
7-Nov-03	16.93
14-Nov-03	16.94
21-Nov-03	18.98
28-Nov-03	16.32
5-Dec-03	17.09
12-Dec-03	16.41
19-Dec-03	16.42
26-Dec-03	17.45
2-Jan-04	18.22
9-Jan-04	16.75
16-Jan-04	15
23-Jan-04	15.5
30-Jan-04	16.63
6-Feb-04	16
13-Feb-04	15.63
20-Feb-04	16.25
27-Feb-04	14.55
5-Mar-04	14.48
12-Mar-04	18.3
19-Mar-04	19.15
26-Mar-04	17.33
2-Apr-04	15.64
9-Apr-04	16.26
16-Apr-04	14.94
23-Apr-04	14.01
30-Apr-04	16.82
7-May-04	18.13
14-May-04	18.47
21-May-04	18.49
28-May-04	15.5
4-Jun-04	16.78
11-Jun-04	15.04
18-Jun-04	14.99
25-Jun-04	15.19
2-Jul-04	15.08
9-Jul-04	15.78
16-Jul-04	14.34
23-Jul-04	16.5
30-Jul-04	15.32
6-Aug-04	19.34
13-Aug-04	17.98
20-Aug-04	16
27-Aug-04	14.71
3-Sep-04	13.91
10-Sep-04	13.76
17-Sep-04	14.83
24-Sep-04	14.28
1-Oct-04	12.75
8-Oct-04	15.05
15-Oct-04	15.04
22-Oct-04	15.28
29-Oct-04	16.27
5-Nov-04	13.84
12-Nov-04	13.33
19-Nov-04	13.5
26-Nov-04	12.79
3-Dec-04	12.96
10-Dec-04	12.76
17-Dec-04	11.95
24-Dec-04	11.23
31-Dec-04	13.29
7-Jan-05	13.49
14-Jan-05	12.43
21-Jan-05	14.36
28-Jan-05	13.24
4-Feb-05	11.21
11-Feb-05	11.43
18-Feb-05	11.33
25-Feb-05	11.49
4-Mar-05	11.94
11-Mar-05	12.8
18-Mar-05	13.14
25-Mar-05	13.42
1-Apr-05	14.09
8-Apr-05	12.62
15-Apr-05	17.74
22-Apr-05	15.38
29-Apr-05	15.31
6-May-05	14.05
13-May-05	16.32
20-May-05	13.14
27-May-05	12.15
3-Jun-05	12.15
10-Jun-05	11.96
17-Jun-05	11.48
24-Jun-05	12.18
1-Jul-05	11.4
8-Jul-05	11.45
15-Jul-05	10.33
22-Jul-05	10.52
29-Jul-05	11.57
5-Aug-05	12.48
12-Aug-05	12.74
19-Aug-05	13.42
26-Aug-05	13.72
2-Sep-05	13.57
9-Sep-05	11.98
16-Sep-05	11.22
23-Sep-05	12.96
30-Sep-05	11.92
7-Oct-05	14.59
14-Oct-05	14.87
21-Oct-05	16.13
28-Oct-05	14.25
4-Nov-05	13.17
11-Nov-05	11.9
18-Nov-05	11.12
25-Nov-05	10.88
2-Dec-05	11.01
9-Dec-05	11.69
16-Dec-05	10.68
23-Dec-05	10.27
30-Dec-05	12.07
6-Jan-06	11
13-Jan-06	11.23
20-Jan-06	14.56
27-Jan-06	11.97
3-Feb-06	12.96
10-Feb-06	12.87
17-Feb-06	12.01
24-Feb-06	11.46
3-Mar-06	11.96
10-Mar-06	13.59
17-Mar-06	12.12
24-Mar-06	11.19
31-Mar-06	11.39
7-Apr-06	12.26
14-Apr-06	12.38
21-Apr-06	11.59
28-Apr-06	11.59
5-May-06	11.62
12-May-06	13.59
19-May-06	17.18
26-May-06	14.26
2-Jun-06	14.32
9-Jun-06	18.12
16-Jun-06	17.25
23-Jun-06	15.89
30-Jun-06	13.08
7-Jul-06	13.97
14-Jul-06	18.05
21-Jul-06	17.53
28-Jul-06	14.33
4-Aug-06	14.34
11-Aug-06	14.3
18-Aug-06	11.64
25-Aug-06	12.31
1-Sep-06	11.96
8-Sep-06	13.16
15-Sep-06	11.78
22-Sep-06	12.6
29-Sep-06	11.98
6-Oct-06	11.56
13-Oct-06	10.75
20-Oct-06	10.63
27-Oct-06	10.8
3-Nov-06	11.16
10-Nov-06	10.79
17-Nov-06	10.05
24-Nov-06	10.73
1-Dec-06	11.66
8-Dec-06	12.07
15-Dec-06	10.05
22-Dec-06	11.36
29-Dec-06	11.56
5-Jan-07	12.14
12-Jan-07	10.15
19-Jan-07	10.4
26-Jan-07	11.13
2-Feb-07	10.08
9-Feb-07	10.44
16-Feb-07	10.02
23-Feb-07	10.58
2-Mar-07	18.61
9-Mar-07	14.09
16-Mar-07	16.79
23-Mar-07	12.95
30-Mar-07	14.64
6-Apr-07	13.23
13-Apr-07	12.2
20-Apr-07	12.07
27-Apr-07	12.45
4-May-07	12.91
11-May-07	12.95
18-May-07	12.76
25-May-07	13.34
1-Jun-07	12.78
8-Jun-07	14.84
15-Jun-07	13.94
22-Jun-07	15.75
29-Jun-07	16.23
6-Jul-07	14.72
13-Jul-07	15.15

Note: The data are weekly and extend through July 13, 2007. The series shown--the VIX--is the implied thirty-day volatility of the S&P 500 stock price index as calculated from a weighted average of options prices. Source: Chicago Board Options Exchange.

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Spreads on BBB Minus Indexes of Credit Default Swaps on Subprime Mortgages, 2006-07

Figure of spreads on BBB minus indexes of credit default swaps on subprime mortgages, 2006-07. Data are plotted as three curves. The spread on the 2007-1 index of credit default swaps starts in January 2007 at 470 basis points. It then widens significantly, reaching a peak of more than 2,000 basis points at the end of February. The spread generally narrows to about 1,400 basis points by mid-May, but then it widens again, reaching a peak of almost 3,000 basis points by mid-July. The spread on the 2006-2 index of credit default swaps starts in July 2006 at 240 basis points. It begins widening in late 2006, reaching a peak of almost 2,000 basis points at the end of February 2007. The spread generally narrows to roughly 1,200 basis points by mid-May, but then it widens again, reaching a peak of more than 2,700 basis points by mid-July. The spread on the 2006-1 index of credit default swaps starts in January 2006 at about 300 basis points. It generally stays below 300 basis points through early 2007, when it starts rising. After reaching a peak of about 1,300 basis points at the end of February, the spread generally narrows to about 600 basis points by mid-May. It then widens again through mid-July, reaching a peak of more than 1,600 basis points.

Note: The data are daily and extend through July 13, 2007; the spreads are relative to libor. The series shown refer to pools of mortgages originated in specific half-years, as follows: Series 2007-1 corresponds to mortgages originated in 2006:H2, series 2006-2 to those originated in 2006:H1, and series 2006-1 to those originated in 2005:H2.

Source: Markit.

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Interest Rates on Selected Treasury Securities, 2003-07

Percent

Period	Ten-year rate	Two-year rate	Three-month rate
2-Jan-03	4.07	1.8	1.22
3-Jan-03	4.05	1.79	1.22
6-Jan-03	4.09	1.84	1.21
7-Jan-03	4.04	1.77	1.19
8-Jan-03	4	1.71	1.19
9-Jan-03	4.19	1.87	1.2
10-Jan-03	4.16	1.79	1.2
13-Jan-03	4.15	1.81	1.21
14-Jan-03	4.1	1.76	1.19
15-Jan-03	4.1	1.75	1.2
16-Jan-03	4.1	1.75	1.18
17-Jan-03	4.05	1.7	1.18
20-Jan-03	ND	ND	ND
21-Jan-03	4.01	1.67	1.19
22-Jan-03	3.95	1.66	1.17
23-Jan-03	3.98	1.69	1.17
24-Jan-03	3.94	1.66	1.16
27-Jan-03	3.98	1.7	1.17
28-Jan-03	4	1.7	1.18
29-Jan-03	4.06	1.77	1.18
30-Jan-03	4	1.7	1.18
31-Jan-03	4	1.72	1.18
3-Feb-03	4.01	1.72	1.18
4-Feb-03	3.96	1.68	1.16
5-Feb-03	4.02	1.73	1.18
6-Feb-03	3.97	1.68	1.17
7-Feb-03	3.96	1.63	1.17
10-Feb-03	3.99	1.68	1.17
11-Feb-03	3.98	1.65	1.18
12-Feb-03	3.93	1.62	1.18
13-Feb-03	3.89	1.57	1.17
14-Feb-03	3.95	1.62	1.18
17-Feb-03	ND	ND	ND
18-Feb-03	3.94	1.66	1.19
19-Feb-03	3.88	1.61	1.18
20-Feb-03	3.85	1.59	1.19
21-Feb-03	3.9	1.63	1.19
24-Feb-03	3.86	1.6	1.21
25-Feb-03	3.81	1.58	1.2
26-Feb-03	3.78	1.57	1.21
27-Feb-03	3.76	1.58	1.21
28-Feb-03	3.71	1.53	1.2
3-Mar-03	3.68	1.52	1.2
4-Mar-03	3.65	1.49	1.19
5-Mar-03	3.63	1.46	1.18
6-Mar-03	3.67	1.47	1.18
7-Mar-03	3.63	1.39	1.12
10-Mar-03	3.59	1.35	1.08
11-Mar-03	3.6	1.38	1.1
12-Mar-03	3.6	1.45	1.1
13-Mar-03	3.74	1.59	1.12
14-Mar-03	3.72	1.56	1.13
17-Mar-03	3.82	1.63	1.15
18-Mar-03	3.91	1.72	1.14
19-Mar-03	3.98	1.72	1.16
20-Mar-03	4.01	1.75	1.17
21-Mar-03	4.11	1.8	1.18
24-Mar-03	3.98	1.71	1.17
25-Mar-03	3.97	1.69	1.18
26-Mar-03	3.96	1.68	1.18
27-Mar-03	3.95	1.62	1.16
28-Mar-03	3.92	1.56	1.14
31-Mar-03	3.83	1.51	1.14
1-Apr-03	3.84	1.5	1.12
2-Apr-03	3.94	1.6	1.13
3-Apr-03	3.93	1.55	1.11
4-Apr-03	3.96	1.55	1.11
7-Apr-03	4.03	1.65	1.17
8-Apr-03	3.95	1.59	1.15
9-Apr-03	3.93	1.55	1.13
10-Apr-03	3.95	1.6	1.14
11-Apr-03	4	1.65	1.17
14-Apr-03	4.04	1.74	1.2
15-Apr-03	3.98	1.69	1.18
16-Apr-03	3.96	1.67	1.17
17-Apr-03	3.98	1.71	1.18
18-Apr-03	ND	ND	ND
21-Apr-03	4	1.71	1.18
22-Apr-03	4.01	1.7	1.18
23-Apr-03	4.02	1.7	1.17
24-Apr-03	3.93	1.62	1.15
25-Apr-03	3.91	1.57	1.14
28-Apr-03	3.92	1.59	1.14
29-Apr-03	3.96	1.62	1.15
30-Apr-03	3.89	1.51	1.13
1-May-03	3.88	1.5	1.1
2-May-03	3.94	1.56	1.12
5-May-03	3.92	1.55	1.13
6-May-03	3.84	1.45	1.1
7-May-03	3.72	1.45	1.11
8-May-03	3.7	1.49	1.09
9-May-03	3.69	1.45	1.11
12-May-03	3.64	1.46	1.1
13-May-03	3.63	1.47	1.09
14-May-03	3.53	1.41	1.06
15-May-03	3.53	1.46	1.06
16-May-03	3.46	1.38	1.05
19-May-03	3.46	1.35	1.05
20-May-03	3.38	1.31	1.04
21-May-03	3.39	1.38	1.06
22-May-03	3.34	1.36	1.08
23-May-03	3.34	1.38	1.08
26-May-03	ND	ND	ND
27-May-03	3.41	1.33	1.09
28-May-03	3.44	1.35	1.12
29-May-03	3.34	1.3	1.1
30-May-03	3.37	1.33	1.11
2-Jun-03	3.43	1.33	1.14
3-Jun-03	3.34	1.2	1.08
4-Jun-03	3.3	1.2	1.05
5-Jun-03	3.34	1.25	1.04
6-Jun-03	3.37	1.27	1.05
9-Jun-03	3.29	1.19	1.03
10-Jun-03	3.2	1.13	0.97
11-Jun-03	3.21	1.16	0.94
12-Jun-03	3.18	1.13	0.92
13-Jun-03	3.13	1.1	0.86
16-Jun-03	3.18	1.18	0.87
17-Jun-03	3.27	1.25	0.9
18-Jun-03	3.37	1.27	0.89
19-Jun-03	3.35	1.17	0.81
20-Jun-03	3.4	1.22	0.83
23-Jun-03	3.32	1.17	0.85
24-Jun-03	3.29	1.14	0.83
25-Jun-03	3.38	1.3	0.92
26-Jun-03	3.55	1.41	0.91
27-Jun-03	3.58	1.38	0.87
30-Jun-03	3.54	1.32	0.91
1-Jul-03	3.56	1.3	0.89
2-Jul-03	3.56	1.3	0.87
3-Jul-03	3.67	1.32	0.87
4-Jul-03	ND	ND	ND
7-Jul-03	3.74	1.36	0.92
8-Jul-03	3.75	1.39	0.92
9-Jul-03	3.73	1.37	0.9
10-Jul-03	3.7	1.33	0.89
11-Jul-03	3.66	1.29	0.89
14-Jul-03	3.74	1.35	0.91
15-Jul-03	3.94	1.45	0.92
16-Jul-03	3.97	1.49	0.91
17-Jul-03	3.98	1.47	0.9
18-Jul-03	4	1.51	0.91
21-Jul-03	4.19	1.61	0.93
22-Jul-03	4.17	1.57	0.93
23-Jul-03	4.12	1.54	0.93
24-Jul-03	4.2	1.54	0.93
25-Jul-03	4.22	1.52	0.93
28-Jul-03	4.31	1.61	0.97
29-Jul-03	4.42	1.67	0.99
30-Jul-03	4.34	1.64	0.98
31-Jul-03	4.49	1.8	0.96
1-Aug-03	4.44	1.85	0.95
4-Aug-03	4.35	1.71	0.97
5-Aug-03	4.47	1.88	0.96
6-Aug-03	4.32	1.78	0.95
7-Aug-03	4.3	1.74	0.95
8-Aug-03	4.27	1.72	0.96
11-Aug-03	4.38	1.81	0.96
12-Aug-03	4.37	1.71	0.95
13-Aug-03	4.58	1.86	0.96
14-Aug-03	4.55	1.86	0.96
15-Aug-03	4.55	1.85	0.95
18-Aug-03	4.49	1.87	0.96
19-Aug-03	4.38	1.81	0.96
20-Aug-03	4.45	1.84	0.96
21-Aug-03	4.53	1.98	0.97
22-Aug-03	4.48	1.97	0.98
25-Aug-03	4.53	2.02	1.02
26-Aug-03	4.5	1.96	1.01
27-Aug-03	4.54	2.05	1
28-Aug-03	4.42	1.93	0.99
29-Aug-03	4.45	1.95	0.98
1-Sep-03	ND	ND	ND
2-Sep-03	4.61	2.04	0.98
3-Sep-03	4.6	2.02	0.97
4-Sep-03	4.52	1.91	0.97
5-Sep-03	4.35	1.72	0.96
8-Sep-03	4.41	1.75	0.97
9-Sep-03	4.37	1.71	0.96
10-Sep-03	4.28	1.64	0.96
11-Sep-03	4.35	1.71	0.96
12-Sep-03	4.27	1.66	0.96
15-Sep-03	4.28	1.63	0.96
16-Sep-03	4.29	1.63	0.93
17-Sep-03	4.2	1.63	0.95
18-Sep-03	4.19	1.68	0.96
19-Sep-03	4.17	1.7	0.95
22-Sep-03	4.26	1.7	0.96
23-Sep-03	4.24	1.68	0.94
24-Sep-03	4.16	1.66	0.95
25-Sep-03	4.12	1.65	0.94
26-Sep-03	4.04	1.6	0.94
29-Sep-03	4.09	1.61	0.97
30-Sep-03	3.96	1.5	0.95
1-Oct-03	3.96	1.47	0.95
2-Oct-03	4.03	1.48	0.94
3-Oct-03	4.21	1.65	0.94
6-Oct-03	4.17	1.6	0.94
7-Oct-03	4.27	1.67	0.92
8-Oct-03	4.27	1.65	0.91
9-Oct-03	4.32	1.69	0.91
10-Oct-03	4.29	1.65	0.92
13-Oct-03	ND	ND	ND
14-Oct-03	4.37	1.73	0.93
15-Oct-03	4.43	1.79	0.93
16-Oct-03	4.47	1.96	0.93
17-Oct-03	4.41	1.9	0.93
20-Oct-03	4.41	1.88	0.95
21-Oct-03	4.38	1.89	0.93
22-Oct-03	4.29	1.8	0.96
23-Oct-03	4.34	1.84	0.96
24-Oct-03	4.24	1.76	0.93
27-Oct-03	4.3	1.83	0.98
28-Oct-03	4.23	1.71	0.96
29-Oct-03	4.31	1.79	0.96
30-Oct-03	4.36	1.86	0.96
31-Oct-03	4.33	1.85	0.96
3-Nov-03	4.4	1.9	0.96
4-Nov-03	4.33	1.86	0.95
5-Nov-03	4.38	1.94	0.96
6-Nov-03	4.45	2.01	0.96
7-Nov-03	4.48	2.04	0.96
10-Nov-03	4.49	2.06	0.97
11-Nov-03	ND	ND	ND
12-Nov-03	4.44	2.05	0.95
13-Nov-03	4.3	1.92	0.94
14-Nov-03	4.22	1.84	0.95
17-Nov-03	4.18	1.8	0.96
18-Nov-03	4.17	1.83	0.96
19-Nov-03	4.24	1.9	0.95
20-Nov-03	4.16	1.83	0.95
21-Nov-03	4.15	1.84	0.94
24-Nov-03	4.23	1.94	0.96
25-Nov-03	4.19	1.89	0.95
26-Nov-03	4.25	1.97	0.94
27-Nov-03	ND	ND	ND
28-Nov-03	4.34	2.06	0.93
1-Dec-03	4.4	2.12	0.95
2-Dec-03	4.38	2.07	0.94
3-Dec-03	4.41	2.09	0.94
4-Dec-03	4.38	2.06	0.93
5-Dec-03	4.23	1.88	0.92
8-Dec-03	4.29	1.94	0.93
9-Dec-03	4.32	1.97	0.93
10-Dec-03	4.3	1.94	0.93
11-Dec-03	4.27	1.83	0.9
12-Dec-03	4.26	1.84	0.91
15-Dec-03	4.28	1.88	0.91
16-Dec-03	4.24	1.83	0.91
17-Dec-03	4.19	1.83	0.9
18-Dec-03	4.16	1.85	0.89
19-Dec-03	4.15	1.82	0.88
22-Dec-03	4.18	1.84	0.91
23-Dec-03	4.28	1.96	0.9
24-Dec-03	4.2	1.83	0.9
25-Dec-03	ND	ND	ND
26-Dec-03	4.17	1.82	0.87
29-Dec-03	4.24	1.86	0.91
30-Dec-03	4.29	1.86	0.94
31-Dec-03	4.27	1.84	0.94
1-Jan-04	ND	ND	ND
2-Jan-04	4.38	1.94	0.93
5-Jan-04	4.41	1.95	0.92
6-Jan-04	4.29	1.84	0.92
7-Jan-04	4.27	1.84	0.91
8-Jan-04	4.27	1.85	0.88
9-Jan-04	4.11	1.68	0.87
12-Jan-04	4.11	1.68	0.9
13-Jan-04	4.05	1.63	0.89
14-Jan-04	4.01	1.65	0.88
15-Jan-04	3.99	1.67	0.88
16-Jan-04	4.04	1.7	0.89
19-Jan-04	ND	ND	ND
20-Jan-04	4.08	1.69	0.9
21-Jan-04	4.05	1.69	0.89
22-Jan-04	3.99	1.66	0.88
23-Jan-04	4.09	1.71	0.9
26-Jan-04	4.16	1.75	0.91
27-Jan-04	4.11	1.7	0.91
28-Jan-04	4.22	1.87	0.94
29-Jan-04	4.22	1.88	0.94
30-Jan-04	4.16	1.84	0.92
2-Feb-04	4.18	1.83	0.95
3-Feb-04	4.13	1.78	0.94
4-Feb-04	4.15	1.8	0.94
5-Feb-04	4.2	1.85	0.94
6-Feb-04	4.12	1.77	0.93
9-Feb-04	4.09	1.76	0.95
10-Feb-04	4.13	1.82	0.95
11-Feb-04	4.05	1.73	0.93
12-Feb-04	4.1	1.75	0.93
13-Feb-04	4.05	1.7	0.92
16-Feb-04	ND	ND	ND
17-Feb-04	4.05	1.7	0.95
18-Feb-04	4.05	1.72	0.94
19-Feb-04	4.05	1.7	0.94
20-Feb-04	4.1	1.75	0.94
23-Feb-04	4.05	1.69	0.97
24-Feb-04	4.04	1.69	0.97
25-Feb-04	4.02	1.67	0.96
26-Feb-04	4.05	1.69	0.96
27-Feb-04	3.99	1.66	0.96
1-Mar-04	4	1.67	0.97
2-Mar-04	4.05	1.74	0.97
3-Mar-04	4.07	1.74	0.97
4-Mar-04	4.04	1.73	0.96
5-Mar-04	3.85	1.57	0.95
8-Mar-04	3.78	1.52	0.95
9-Mar-04	3.73	1.51	0.96
10-Mar-04	3.74	1.54	0.96
11-Mar-04	3.74	1.52	0.97
12-Mar-04	3.78	1.54	0.96
15-Mar-04	3.78	1.56	0.97
16-Mar-04	3.7	1.51	0.96
17-Mar-04	3.71	1.53	0.93
18-Mar-04	3.76	1.55	0.93
19-Mar-04	3.8	1.56	0.93
22-Mar-04	3.74	1.52	0.96
23-Mar-04	3.73	1.52	0.95
24-Mar-04	3.73	1.5	0.93
25-Mar-04	3.75	1.51	0.93
26-Mar-04	3.85	1.59	0.95
29-Mar-04	3.91	1.63	0.97
30-Mar-04	3.91	1.63	0.96
31-Mar-04	3.86	1.6	0.95
1-Apr-04	3.91	1.65	0.93
2-Apr-04	4.15	1.86	0.95
5-Apr-04	4.24	1.91	0.95
6-Apr-04	4.19	1.86	0.93
7-Apr-04	4.19	1.87	0.95
8-Apr-04	4.21	1.88	0.93
9-Apr-04	ND	ND	ND
12-Apr-04	4.25	1.91	0.95
13-Apr-04	4.35	2.01	0.95
14-Apr-04	4.4	2.13	0.96
15-Apr-04	4.42	2.1	0.95
16-Apr-04	4.37	2.03	0.93
19-Apr-04	4.39	2.07	0.97
20-Apr-04	4.43	2.11	0.98
21-Apr-04	4.45	2.22	1
22-Apr-04	4.4	2.15	0.97
23-Apr-04	4.48	2.29	0.98
26-Apr-04	4.46	2.28	1
27-Apr-04	4.43	2.21	0.99
28-Apr-04	4.5	2.3	0.98
29-Apr-04	4.55	2.34	0.97
30-Apr-04	4.53	2.31	0.98
3-May-04	4.53	2.34	1.01
4-May-04	4.56	2.32	1.01
5-May-04	4.61	2.34	0.99
6-May-04	4.63	2.39	1
7-May-04	4.79	2.64	1.07
10-May-04	4.81	2.61	1.09
11-May-04	4.79	2.61	1.06
12-May-04	4.83	2.62	1.04
13-May-04	4.85	2.67	1
14-May-04	4.79	2.59	0.99
17-May-04	4.7	2.51	1.07
18-May-04	4.74	2.58	1.06
19-May-04	4.79	2.61	1.04
20-May-04	4.72	2.55	1.03
21-May-04	4.76	2.6	1.03
24-May-04	4.75	2.59	1.08
25-May-04	4.73	2.58	1.08
26-May-04	4.67	2.52	1.08
27-May-04	4.6	2.46	1.06
28-May-04	4.66	2.54	1.08
31-May-04	ND	ND	ND
1-Jun-04	4.71	2.6	1.17
2-Jun-04	4.74	2.65	1.17
3-Jun-04	4.71	2.63	1.17
4-Jun-04	4.78	2.7	1.2
7-Jun-04	4.78	2.67	1.25
8-Jun-04	4.78	2.73	1.27
9-Jun-04	4.82	2.79	1.27
10-Jun-04	4.81	2.81	1.29
11-Jun-04	ND	ND	ND
14-Jun-04	4.89	2.97	1.42
15-Jun-04	4.69	2.77	1.34
16-Jun-04	4.74	2.84	1.3
17-Jun-04	4.71	2.81	1.27
18-Jun-04	4.72	2.81	1.28
21-Jun-04	4.7	2.8	1.34
22-Jun-04	4.72	2.8	1.32
23-Jun-04	4.71	2.78	1.29
24-Jun-04	4.66	2.74	1.28
25-Jun-04	4.66	2.74	1.3
28-Jun-04	4.76	2.86	1.38
29-Jun-04	4.7	2.83	1.38
30-Jun-04	4.62	2.7	1.33
1-Jul-04	4.57	2.64	1.22
2-Jul-04	4.48	2.54	1.29
5-Jul-04	ND	ND	ND
6-Jul-04	4.49	2.56	1.34
7-Jul-04	4.5	2.56	1.3
8-Jul-04	4.49	2.55	1.27
9-Jul-04	4.49	2.55	1.27
12-Jul-04	4.46	2.53	1.34
13-Jul-04	4.5	2.58	1.34
14-Jul-04	4.5	2.62	1.34
15-Jul-04	4.5	2.64	1.34
16-Jul-04	4.38	2.54	1.34
19-Jul-04	4.38	2.56	1.35
20-Jul-04	4.47	2.67	1.36
21-Jul-04	4.5	2.71	1.35
22-Jul-04	4.48	2.69	1.36
23-Jul-04	4.45	2.69	1.37
26-Jul-04	4.49	2.75	1.46
27-Jul-04	4.62	2.82	1.47
28-Jul-04	4.61	2.78	1.46
29-Jul-04	4.6	2.75	1.44
30-Jul-04	4.5	2.68	1.44
2-Aug-04	4.48	2.66	1.51
3-Aug-04	4.45	2.66	1.49
4-Aug-04	4.45	2.66	1.49
5-Aug-04	4.43	2.64	1.48
6-Aug-04	4.24	2.4	1.43
9-Aug-04	4.28	2.45	1.52
10-Aug-04	4.32	2.55	1.52
11-Aug-04	4.3	2.54	1.44
12-Aug-04	4.27	2.52	1.43
13-Aug-04	4.22	2.47	1.43
16-Aug-04	4.26	2.51	1.5
17-Aug-04	4.21	2.44	1.48
18-Aug-04	4.23	2.44	1.49
19-Aug-04	4.22	2.43	1.48
20-Aug-04	4.24	2.46	1.49
23-Aug-04	4.28	2.5	1.55
24-Aug-04	4.28	2.5	1.55
25-Aug-04	4.26	2.51	1.55
26-Aug-04	4.22	2.48	1.55
27-Aug-04	4.23	2.48	1.56
30-Aug-04	4.19	2.47	1.62
31-Aug-04	4.13	2.41	1.6
1-Sep-04	4.13	2.41	1.58
2-Sep-04	4.2	2.46	1.6
3-Sep-04	4.3	2.61	1.65
6-Sep-04	ND	ND	ND
7-Sep-04	4.26	2.58	1.67
8-Sep-04	4.18	2.5	1.65
9-Sep-04	4.22	2.5	1.64
10-Sep-04	4.19	2.5	1.66
13-Sep-04	4.16	2.5	1.67
14-Sep-04	4.15	2.47	1.67
15-Sep-04	4.18	2.51	1.67
16-Sep-04	4.08	2.44	1.67
17-Sep-04	4.14	2.53	1.71
20-Sep-04	4.07	2.46	1.73
21-Sep-04	4.05	2.49	1.72
22-Sep-04	4	2.5	1.71
23-Sep-04	4.02	2.57	1.72
24-Sep-04	4.04	2.62	1.73
27-Sep-04	4.01	2.59	1.75
28-Sep-04	4.02	2.55	1.72
29-Sep-04	4.1	2.61	1.72
30-Sep-04	4.14	2.63	1.71
1-Oct-04	4.21	2.63	1.7
4-Oct-04	4.19	2.65	1.72
5-Oct-04	4.18	2.65	1.71
6-Oct-04	4.23	2.7	1.71
7-Oct-04	4.26	2.72	1.7
8-Oct-04	4.15	2.61	1.7
11-Oct-04	ND	ND	ND
12-Oct-04	4.12	2.56	1.72
13-Oct-04	4.09	2.53	1.72
14-Oct-04	4.03	2.48	1.74
15-Oct-04	4.07	2.53	1.75
18-Oct-04	4.07	2.55	1.81
19-Oct-04	4.07	2.57	1.82
20-Oct-04	4.01	2.53	1.82
21-Oct-04	4.01	2.57	1.84
22-Oct-04	4	2.55	1.84
25-Oct-04	3.99	2.54	1.9
26-Oct-04	4.01	2.54	1.89
27-Oct-04	4.11	2.63	1.92
28-Oct-04	4.09	2.59	1.9
29-Oct-04	4.05	2.56	1.9
1-Nov-04	4.11	2.61	2
2-Nov-04	4.1	2.6	1.98
3-Nov-04	4.09	2.6	1.96
4-Nov-04	4.1	2.63	1.98
5-Nov-04	4.21	2.8	2.03
8-Nov-04	4.22	2.8	2.08
9-Nov-04	4.22	2.8	2.08
10-Nov-04	4.25	2.82	2.08
11-Nov-04	ND	ND	ND
12-Nov-04	4.2	2.86	2.08
15-Nov-04	4.2	2.89	2.13
16-Nov-04	4.21	2.91	2.14
17-Nov-04	4.14	2.85	2.13
18-Nov-04	4.12	2.86	2.13
19-Nov-04	4.2	2.95	2.14
22-Nov-04	4.18	2.95	2.2
23-Nov-04	4.19	2.98	2.17
24-Nov-04	4.2	3.01	2.18
25-Nov-04	ND	ND	ND
26-Nov-04	4.24	3.03	2.2
29-Nov-04	4.34	3.07	2.24
30-Nov-04	4.36	3.02	2.24
1-Dec-04	4.38	3.01	2.22
2-Dec-04	4.4	3.04	2.22
3-Dec-04	4.27	2.94	2.21
6-Dec-04	4.24	2.93	2.26
7-Dec-04	4.23	2.95	2.25
8-Dec-04	4.14	2.91	2.24
9-Dec-04	4.19	2.93	2.24
10-Dec-04	4.16	2.95	2.25
13-Dec-04	4.16	2.98	2.25
14-Dec-04	4.14	2.99	2.22
15-Dec-04	4.09	2.97	2.21
16-Dec-04	4.19	3.01	2.2
17-Dec-04	4.21	3.03	2.2
20-Dec-04	4.21	3.06	2.23
21-Dec-04	4.18	3.05	2.21
22-Dec-04	4.21	3.04	2.19
23-Dec-04	4.23	3.02	2.19
24-Dec-04	ND	ND	ND
27-Dec-04	4.3	3.07	2.28
28-Dec-04	4.31	3.08	2.26
29-Dec-04	4.33	3.12	2.23
30-Dec-04	4.27	3.1	2.22
31-Dec-04	4.24	3.08	2.22
3-Jan-05	4.23	3.1	2.34
4-Jan-05	4.29	3.2	2.35
5-Jan-05	4.29	3.22	2.34
6-Jan-05	4.29	3.18	2.31
7-Jan-05	4.29	3.2	2.32
10-Jan-05	4.29	3.23	2.38
11-Jan-05	4.26	3.24	2.36
12-Jan-05	4.25	3.22	2.35
13-Jan-05	4.2	3.21	2.36
14-Jan-05	4.23	3.24	2.37
17-Jan-05	ND	ND	ND
18-Jan-05	4.21	3.26	2.41
19-Jan-05	4.2	3.26	2.38
20-Jan-05	4.17	3.21	2.36
21-Jan-05	4.16	3.16	2.36
24-Jan-05	4.14	3.2	2.39
25-Jan-05	4.2	3.23	2.41
26-Jan-05	4.21	3.27	2.42
27-Jan-05	4.22	3.28	2.45
28-Jan-05	4.16	3.25	2.46
31-Jan-05	4.14	3.29	2.53
1-Feb-05	4.15	3.29	2.52
2-Feb-05	4.15	3.32	2.52
3-Feb-05	4.18	3.34	2.49
4-Feb-05	4.09	3.29	2.48
7-Feb-05	4.07	3.31	2.53
8-Feb-05	4.05	3.33	2.53
9-Feb-05	4	3.24	2.52
10-Feb-05	4.07	3.29	2.52
11-Feb-05	4.1	3.34	2.55
14-Feb-05	4.08	3.38	2.6
15-Feb-05	4.1	3.37	2.6
16-Feb-05	4.16	3.41	2.58
17-Feb-05	4.19	3.38	2.58
18-Feb-05	4.27	3.45	2.61
21-Feb-05	ND	ND	ND
22-Feb-05	4.29	3.46	2.68
23-Feb-05	4.27	3.46	2.68
24-Feb-05	4.29	3.52	2.69
25-Feb-05	4.27	3.54	2.75
28-Feb-05	4.36	3.59	2.78
1-Mar-05	4.38	3.59	2.76
2-Mar-05	4.38	3.57	2.74
3-Mar-05	4.39	3.59	2.76
4-Mar-05	4.32	3.57	2.76
7-Mar-05	4.31	3.61	2.77
8-Mar-05	4.38	3.62	2.76
9-Mar-05	4.52	3.66	2.76
10-Mar-05	4.48	3.68	2.75
11-Mar-05	4.56	3.73	2.76
14-Mar-05	4.52	3.75	2.81
15-Mar-05	4.54	3.75	2.81
16-Mar-05	4.52	3.72	2.8
17-Mar-05	4.47	3.7	2.79
18-Mar-05	4.51	3.72	2.81
21-Mar-05	4.53	3.72	2.86
22-Mar-05	4.63	3.86	2.89
23-Mar-05	4.61	3.84	2.83
24-Mar-05	4.6	3.88	2.84
25-Mar-05	ND	ND	ND
28-Mar-05	4.64	3.9	2.85
29-Mar-05	4.6	3.87	2.84
30-Mar-05	4.56	3.86	2.83
31-Mar-05	4.5	3.8	2.79
1-Apr-05	4.46	3.75	2.8
4-Apr-05	4.47	3.74	2.81
5-Apr-05	4.48	3.75	2.8
6-Apr-05	4.44	3.7	2.77
7-Apr-05	4.49	3.72	2.77
8-Apr-05	4.5	3.77	2.79
11-Apr-05	4.45	3.75	2.77
12-Apr-05	4.38	3.71	2.77
13-Apr-05	4.38	3.66	2.78
14-Apr-05	4.37	3.6	2.78
15-Apr-05	4.27	3.54	2.79
18-Apr-05	4.27	3.55	2.91
19-Apr-05	4.21	3.5	2.91
20-Apr-05	4.22	3.52	2.87
21-Apr-05	4.32	3.65	2.88
22-Apr-05	4.26	3.62	2.93
25-Apr-05	4.26	3.64	2.94
26-Apr-05	4.28	3.67	2.92
27-Apr-05	4.25	3.64	2.89
28-Apr-05	4.19	3.59	2.88
29-Apr-05	4.21	3.66	2.9
2-May-05	4.21	3.64	2.94
3-May-05	4.21	3.68	2.91
4-May-05	4.2	3.63	2.87
5-May-05	4.19	3.58	2.81
6-May-05	4.28	3.73	2.86
9-May-05	4.29	3.76	2.92
10-May-05	4.23	3.69	2.9
11-May-05	4.21	3.68	2.87
12-May-05	4.18	3.66	2.88
13-May-05	4.12	3.61	2.82
16-May-05	4.13	3.61	2.9
17-May-05	4.12	3.61	2.88
18-May-05	4.07	3.56	2.86
19-May-05	4.11	3.64	2.87
20-May-05	4.13	3.69	2.82
23-May-05	4.07	3.65	2.97
24-May-05	4.04	3.61	2.94
25-May-05	4.08	3.61	2.95
26-May-05	4.08	3.64	2.94
27-May-05	4.08	3.64	2.96
30-May-05	ND	ND	ND
31-May-05	4	3.6	2.99
1-Jun-05	3.91	3.5	2.97
2-Jun-05	3.89	3.52	2.97
3-Jun-05	3.98	3.57	3
6-Jun-05	3.96	3.59	3.02
7-Jun-05	3.92	3.57	3.02
8-Jun-05	3.95	3.6	3.02
9-Jun-05	3.98	3.64	2.99
10-Jun-05	4.05	3.71	3
13-Jun-05	4.09	3.71	3.03
14-Jun-05	4.13	3.71	3.01
15-Jun-05	4.12	3.72	3
16-Jun-05	4.09	3.7	2.97
17-Jun-05	4.09	3.72	2.98
20-Jun-05	4.11	3.72	3.02
21-Jun-05	4.06	3.71	3.02
22-Jun-05	3.95	3.62	3.03
23-Jun-05	3.96	3.63	3.06
24-Jun-05	3.92	3.59	3.08
27-Jun-05	3.9	3.6	3.16
28-Jun-05	3.97	3.65	3.15
29-Jun-05	3.99	3.65	3.13
30-Jun-05	3.94	3.66	3.13
1-Jul-05	4.06	3.76	3.17
4-Jul-05	ND	ND	ND
5-Jul-05	4.11	3.79	3.22
6-Jul-05	4.08	3.77	3.19
7-Jul-05	4.05	3.71	3.15
8-Jul-05	4.11	3.78	3.17
11-Jul-05	4.11	3.81	3.2
12-Jul-05	4.15	3.82	3.21
13-Jul-05	4.17	3.84	3.22
14-Jul-05	4.19	3.86	3.23
15-Jul-05	4.18	3.86	3.25
18-Jul-05	4.22	3.89	3.3
19-Jul-05	4.2	3.88	3.31
20-Jul-05	4.17	3.9	3.3
21-Jul-05	4.28	3.96	3.34
22-Jul-05	4.23	3.92	3.37
25-Jul-05	4.25	3.95	3.45
26-Jul-05	4.24	3.95	3.44
27-Jul-05	4.27	3.99	3.4
28-Jul-05	4.2	3.96	3.4
29-Jul-05	4.28	4.02	3.41
1-Aug-05	4.32	4.04	3.49
2-Aug-05	4.34	4.06	3.49
3-Aug-05	4.3	4.02	3.46
4-Aug-05	4.32	4.04	3.47
5-Aug-05	4.4	4.11	3.52
8-Aug-05	4.42	4.16	3.55
9-Aug-05	4.41	4.13	3.52
10-Aug-05	4.4	4.13	3.51
11-Aug-05	4.32	4.1	3.51
12-Aug-05	4.24	4.05	3.52
15-Aug-05	4.27	4.08	3.55
16-Aug-05	4.23	4.03	3.54
17-Aug-05	4.28	4.07	3.52
18-Aug-05	4.21	4.01	3.5
19-Aug-05	4.21	4.03	3.52
22-Aug-05	4.22	4.03	3.54
23-Aug-05	4.2	4.01	3.54
24-Aug-05	4.19	3.99	3.53
25-Aug-05	4.18	4	3.54
26-Aug-05	4.2	4.06	3.55
29-Aug-05	4.2	4.06	3.55
30-Aug-05	4.16	3.97	3.54
31-Aug-05	4.02	3.84	3.52
1-Sep-05	4.02	3.72	3.48
2-Sep-05	4.03	3.75	3.45
5-Sep-05	ND	ND	ND
6-Sep-05	4.09	3.8	3.53
7-Sep-05	4.15	3.87	3.49
8-Sep-05	4.15	3.87	3.48
9-Sep-05	4.14	3.88	3.49
12-Sep-05	4.18	3.92	3.52
13-Sep-05	4.14	3.88	3.48
14-Sep-05	4.17	3.9	3.43
15-Sep-05	4.22	3.9	3.45
16-Sep-05	4.26	3.97	3.5
19-Sep-05	4.25	3.93	3.59
20-Sep-05	4.26	4	3.62
21-Sep-05	4.19	3.96	3.42
22-Sep-05	4.19	3.95	3.47
23-Sep-05	4.25	4.02	3.48
26-Sep-05	4.3	4.07	3.54
27-Sep-05	4.3	4.08	3.5
28-Sep-05	4.26	4.09	3.47
29-Sep-05	4.29	4.13	3.54
30-Sep-05	4.34	4.18	3.55
3-Oct-05	4.39	4.21	3.62
4-Oct-05	4.38	4.22	3.63
5-Oct-05	4.36	4.21	3.58
6-Oct-05	4.37	4.2	3.6
7-Oct-05	4.35	4.18	3.62
10-Oct-05	ND	ND	ND
11-Oct-05	4.39	4.22	3.74
12-Oct-05	4.45	4.24	3.7
13-Oct-05	4.48	4.24	3.75
14-Oct-05	4.48	4.27	3.77
17-Oct-05	4.5	4.29	3.87
18-Oct-05	4.49	4.27	3.86
19-Oct-05	4.47	4.25	3.86
20-Oct-05	4.46	4.27	3.85
21-Oct-05	4.39	4.22	3.86
24-Oct-05	4.45	4.25	3.93
25-Oct-05	4.54	4.34	3.93
26-Oct-05	4.6	4.38	3.9
27-Oct-05	4.57	4.36	3.88
28-Oct-05	4.58	4.4	3.92
31-Oct-05	4.57	4.4	3.98
1-Nov-05	4.58	4.42	3.96
2-Nov-05	4.61	4.43	3.94
3-Nov-05	4.65	4.47	3.94
4-Nov-05	4.66	4.47	3.97
7-Nov-05	4.65	4.47	3.96
8-Nov-05	4.57	4.43	3.96
9-Nov-05	4.64	4.49	3.99
10-Nov-05	4.55	4.44	3.97
11-Nov-05	ND	ND	ND
14-Nov-05	4.61	4.5	4.02
15-Nov-05	4.56	4.47	4.01
16-Nov-05	4.49	4.42	4
17-Nov-05	4.46	4.37	4.01
18-Nov-05	4.5	4.4	4
21-Nov-05	4.46	4.39	4
22-Nov-05	4.43	4.32	3.93
23-Nov-05	4.47	4.36	3.95
24-Nov-05	ND	ND	ND
25-Nov-05	4.43	4.33	3.95
28-Nov-05	4.41	4.33	3.98
29-Nov-05	4.48	4.4	3.98
30-Nov-05	4.49	4.42	3.95
1-Dec-05	4.52	4.45	3.97
2-Dec-05	4.52	4.43	3.99
5-Dec-05	4.57	4.47	4.05
6-Dec-05	4.49	4.42	4.05
7-Dec-05	4.52	4.42	4.03
8-Dec-05	4.47	4.37	3.94
9-Dec-05	4.54	4.43	3.94
12-Dec-05	4.56	4.45	3.92
13-Dec-05	4.54	4.43	3.92
14-Dec-05	4.45	4.37	3.9
15-Dec-05	4.47	4.37	3.93
16-Dec-05	4.45	4.37	3.93
19-Dec-05	4.45	4.38	3.98
20-Dec-05	4.47	4.42	3.97
21-Dec-05	4.49	4.43	3.99
22-Dec-05	4.44	4.4	3.98
23-Dec-05	4.38	4.37	3.99
26-Dec-05	ND	ND	ND
27-Dec-05	4.34	4.35	3.99
28-Dec-05	4.38	4.37	3.96
29-Dec-05	4.37	4.38	4.01
30-Dec-05	4.39	4.41	4.08
2-Jan-06	ND	ND	ND
3-Jan-06	4.37	4.34	4.17
4-Jan-06	4.36	4.31	4.19
5-Jan-06	4.36	4.32	4.2
6-Jan-06	4.38	4.36	4.22
9-Jan-06	4.38	4.36	4.24
10-Jan-06	4.43	4.41	4.29
11-Jan-06	4.46	4.44	4.3
12-Jan-06	4.42	4.39	4.32
13-Jan-06	4.36	4.34	4.33
16-Jan-06	ND	ND	ND
17-Jan-06	4.34	4.33	4.39
18-Jan-06	4.34	4.33	4.36
19-Jan-06	4.38	4.37	4.36
20-Jan-06	4.37	4.37	4.35
23-Jan-06	4.36	4.35	4.39
24-Jan-06	4.4	4.37	4.41
25-Jan-06	4.49	4.46	4.43
26-Jan-06	4.53	4.49	4.45
27-Jan-06	4.52	4.51	4.45
30-Jan-06	4.54	4.52	4.4
31-Jan-06	4.53	4.54	4.48
1-Feb-06	4.57	4.59	4.48
2-Feb-06	4.57	4.59	4.48
3-Feb-06	4.54	4.59	4.48
6-Feb-06	4.55	4.62	4.49
7-Feb-06	4.57	4.61	4.5
8-Feb-06	4.56	4.64	4.51
9-Feb-06	4.54	4.66	4.52
10-Feb-06	4.59	4.69	4.53
13-Feb-06	4.58	4.68	4.56
14-Feb-06	4.62	4.69	4.56
15-Feb-06	4.61	4.71	4.55
16-Feb-06	4.59	4.69	4.55
17-Feb-06	4.54	4.66	4.54
20-Feb-06	ND	ND	ND
21-Feb-06	4.57	4.71	4.57
22-Feb-06	4.53	4.68	4.57
23-Feb-06	4.56	4.72	4.59
24-Feb-06	4.58	4.74	4.6
27-Feb-06	4.59	4.74	4.63
28-Feb-06	4.55	4.69	4.63
1-Mar-06	4.59	4.71	4.6
2-Mar-06	4.64	4.72	4.61
3-Mar-06	4.68	4.76	4.61
6-Mar-06	4.74	4.77	4.6
7-Mar-06	4.74	4.77	4.6
8-Mar-06	4.73	4.72	4.58
9-Mar-06	4.74	4.72	4.59
10-Mar-06	4.76	4.74	4.61
13-Mar-06	4.77	4.74	4.61
14-Mar-06	4.71	4.66	4.59
15-Mar-06	4.73	4.69	4.63
16-Mar-06	4.65	4.62	4.61
17-Mar-06	4.68	4.65	4.63
20-Mar-06	4.66	4.65	4.67
21-Mar-06	4.71	4.72	4.69
22-Mar-06	4.7	4.74	4.69
23-Mar-06	4.73	4.77	4.67
24-Mar-06	4.67	4.72	4.65
27-Mar-06	4.7	4.72	4.63
28-Mar-06	4.79	4.81	4.65
29-Mar-06	4.81	4.82	4.63
30-Mar-06	4.86	4.84	4.61
31-Mar-06	4.86	4.82	4.63
3-Apr-06	4.88	4.86	4.67
4-Apr-06	4.87	4.84	4.68
5-Apr-06	4.84	4.81	4.67
6-Apr-06	4.9	4.84	4.68
7-Apr-06	4.97	4.89	4.69
10-Apr-06	4.97	4.89	4.7
11-Apr-06	4.93	4.88	4.7
12-Apr-06	4.98	4.91	4.7
13-Apr-06	5.05	4.96	4.7
14-Apr-06	ND	ND	ND
17-Apr-06	5.01	4.91	4.73
18-Apr-06	4.99	4.84	4.73
19-Apr-06	5.04	4.86	4.73
20-Apr-06	5.04	4.89	4.73
21-Apr-06	5.01	4.9	4.75
24-Apr-06	4.99	4.89	4.76
25-Apr-06	5.07	4.95	4.79
26-Apr-06	5.12	4.99	4.79
27-Apr-06	5.09	4.91	4.78
28-Apr-06	5.07	4.87	4.77
1-May-06	5.14	4.94	4.82
2-May-06	5.12	4.92	4.81
3-May-06	5.15	4.94	4.82
4-May-06	5.16	4.97	4.8
5-May-06	5.12	4.94	4.82
8-May-06	5.12	4.97	4.87
9-May-06	5.13	4.97	4.88
10-May-06	5.13	5.01	4.88
11-May-06	5.14	4.99	4.82
12-May-06	5.19	5.01	4.84
15-May-06	5.15	4.99	4.86
16-May-06	5.1	4.96	4.83
17-May-06	5.16	4.97	4.83
18-May-06	5.08	4.94	4.83
19-May-06	5.05	4.96	4.82
22-May-06	5.04	4.94	4.83
23-May-06	5.07	4.97	4.84
24-May-06	5.03	4.94	4.82
25-May-06	5.07	4.98	4.82
26-May-06	5.06	4.96	4.84
29-May-06	ND	ND	ND
30-May-06	5.09	4.99	4.84
31-May-06	5.12	5.04	4.86
1-Jun-06	5.11	5.04	4.83
2-Jun-06	5	4.92	4.81
5-Jun-06	5.02	4.99	4.85
6-Jun-06	5.01	4.99	4.86
7-Jun-06	5.02	5.02	4.86
8-Jun-06	5	5.01	4.86
9-Jun-06	4.98	5.01	4.87
12-Jun-06	4.99	5.02	4.94
13-Jun-06	4.97	5.02	4.9
14-Jun-06	5.05	5.11	4.9
15-Jun-06	5.1	5.14	4.84
16-Jun-06	5.13	5.16	4.87
19-Jun-06	5.14	5.19	4.94
20-Jun-06	5.15	5.19	4.93
21-Jun-06	5.16	5.2	4.92
22-Jun-06	5.2	5.23	4.92
23-Jun-06	5.23	5.27	4.97
26-Jun-06	5.25	5.27	5.04
27-Jun-06	5.21	5.24	5.05
28-Jun-06	5.25	5.29	5.01
29-Jun-06	5.22	5.21	5.01
30-Jun-06	5.15	5.16	5.09
3-Jul-06	5.15	5.17	5.09
4-Jul-06	ND	ND	ND
5-Jul-06	5.23	5.24	5.01
6-Jul-06	5.19	5.22	5
7-Jul-06	5.14	5.17	5.02
10-Jul-06	5.13	5.17	5.06
11-Jul-06	5.1	5.17	5.05
12-Jul-06	5.1	5.17	5.06
13-Jul-06	5.08	5.12	5.05
14-Jul-06	5.07	5.08	5.06
17-Jul-06	5.07	5.12	5.11
18-Jul-06	5.13	5.19	5.13
19-Jul-06	5.06	5.12	5.11
20-Jul-06	5.03	5.06	5.08
21-Jul-06	5.05	5.08	5.09
24-Jul-06	5.05	5.1	5.1
25-Jul-06	5.07	5.11	5.13
26-Jul-06	5.04	5.06	5.11
27-Jul-06	5.07	5.07	5.1
28-Jul-06	5	4.98	5.07
31-Jul-06	4.99	4.97	5.1
1-Aug-06	4.99	4.97	5.12
2-Aug-06	4.96	4.97	5.1
3-Aug-06	4.96	4.98	5.11
4-Aug-06	4.91	4.91	5.09
7-Aug-06	4.93	4.96	5.12
8-Aug-06	4.93	4.91	5.1
9-Aug-06	4.92	4.91	5.07
10-Aug-06	4.93	4.93	5.05
11-Aug-06	4.97	4.96	5.07
14-Aug-06	5	5.01	5.12
15-Aug-06	4.93	4.94	5.1
16-Aug-06	4.87	4.87	5.07
17-Aug-06	4.87	4.89	5.09
18-Aug-06	4.84	4.87	5.1
21-Aug-06	4.82	4.85	5.11
22-Aug-06	4.82	4.87	5.1
23-Aug-06	4.82	4.87	5.09
24-Aug-06	4.81	4.88	5.09
25-Aug-06	4.79	4.86	5.11
28-Aug-06	4.8	4.88	5.1
29-Aug-06	4.79	4.87	5.07
30-Aug-06	4.76	4.83	5.05
31-Aug-06	4.74	4.79	5.05
1-Sep-06	4.73	4.77	5.02
4-Sep-06	ND	ND	ND
5-Sep-06	4.78	4.8	5
6-Sep-06	4.8	4.82	4.97
7-Sep-06	4.8	4.82	4.97
8-Sep-06	4.78	4.8	4.92
11-Sep-06	4.8	4.83	4.94
12-Sep-06	4.78	4.82	4.91
13-Sep-06	4.77	4.8	4.92
14-Sep-06	4.79	4.83	4.95
15-Sep-06	4.8	4.87	4.95
18-Sep-06	4.81	4.88	4.95
19-Sep-06	4.74	4.79	4.95
20-Sep-06	4.73	4.81	4.94
21-Sep-06	4.65	4.71	4.92
22-Sep-06	4.6	4.67	4.92
25-Sep-06	4.56	4.63	4.88
26-Sep-06	4.59	4.68	4.88
27-Sep-06	4.6	4.66	4.88
28-Sep-06	4.63	4.68	4.87
29-Sep-06	4.64	4.71	4.89
2-Oct-06	4.62	4.66	4.88
3-Oct-06	4.62	4.67	4.91
4-Oct-06	4.57	4.6	4.93
5-Oct-06	4.61	4.65	4.94
6-Oct-06	4.7	4.74	4.94
9-Oct-06	ND	ND	ND
10-Oct-06	4.75	4.82	5
11-Oct-06	4.78	4.85	5.02
12-Oct-06	4.79	4.85	5.06
13-Oct-06	4.81	4.87	5.05
16-Oct-06	4.79	4.85	5.09
17-Oct-06	4.78	4.83	5.09
18-Oct-06	4.77	4.85	5.09
19-Oct-06	4.79	4.85	5.1
20-Oct-06	4.79	4.87	5.09
23-Oct-06	4.83	4.9	5.12
24-Oct-06	4.83	4.91	5.13
25-Oct-06	4.78	4.88	5.12
26-Oct-06	4.73	4.81	5.12
27-Oct-06	4.68	4.76	5.11
30-Oct-06	4.68	4.78	5.1
31-Oct-06	4.61	4.71	5.08
1-Nov-06	4.57	4.66	5.07
2-Nov-06	4.6	4.67	5.07
3-Nov-06	4.72	4.82	5.09
6-Nov-06	4.71	4.82	5.09
7-Nov-06	4.66	4.77	5.08
8-Nov-06	4.64	4.75	5.1
9-Nov-06	4.62	4.75	5.09
10-Nov-06	4.59	4.73	5.1
13-Nov-06	4.61	4.76	5.09
14-Nov-06	4.57	4.74	5.09
15-Nov-06	4.61	4.8	5.09
16-Nov-06	4.66	4.85	5.09
17-Nov-06	4.61	4.76	5.09
20-Nov-06	4.6	4.76	5.08
21-Nov-06	4.58	4.75	5.07
22-Nov-06	4.57	4.74	5.05
23-Nov-06	ND	ND	ND
24-Nov-06	4.55	4.73	5.04
27-Nov-06	4.54	4.71	5.05
28-Nov-06	4.51	4.67	5.04
29-Nov-06	4.52	4.69	5.04
30-Nov-06	4.46	4.62	5.03
1-Dec-06	4.43	4.52	5.03
4-Dec-06	4.43	4.52	5.01
5-Dec-06	4.45	4.52	4.99
6-Dec-06	4.48	4.59	4.99
7-Dec-06	4.49	4.58	4.98
8-Dec-06	4.56	4.68	4.97
11-Dec-06	4.52	4.67	4.94
12-Dec-06	4.49	4.61	4.94
13-Dec-06	4.58	4.7	4.95
14-Dec-06	4.6	4.73	4.96
15-Dec-06	4.6	4.73	4.91
18-Dec-06	4.6	4.71	4.97
19-Dec-06	4.6	4.71	4.97
20-Dec-06	4.6	4.71	4.97
21-Dec-06	4.55	4.66	4.97
22-Dec-06	4.63	4.71	4.99
25-Dec-06	ND	ND	ND
26-Dec-06	4.61	4.71	5
27-Dec-06	4.66	4.77	4.98
28-Dec-06	4.7	4.82	5
29-Dec-06	4.71	4.82	5.02
1-Jan-07	ND	ND	ND
2-Jan-07	4.68	4.8	5.07
3-Jan-07	4.67	4.76	5.05
4-Jan-07	4.62	4.71	5.04
5-Jan-07	4.65	4.76	5.05
8-Jan-07	4.66	4.78	5.08
9-Jan-07	4.66	4.79	5.08
10-Jan-07	4.69	4.81	5.09
11-Jan-07	4.74	4.86	5.11
12-Jan-07	4.77	4.88	5.09
15-Jan-07	ND	ND	ND
16-Jan-07	4.75	4.86	5.11
17-Jan-07	4.79	4.91	5.12
18-Jan-07	4.75	4.89	5.12
19-Jan-07	4.78	4.93	5.14
22-Jan-07	4.76	4.91	5.13
23-Jan-07	4.81	4.94	5.14
24-Jan-07	4.81	4.93	5.13
25-Jan-07	4.87	4.98	5.14
26-Jan-07	4.88	4.99	5.13
29-Jan-07	4.9	4.99	5.14
30-Jan-07	4.88	4.98	5.13
31-Jan-07	4.83	4.94	5.12
1-Feb-07	4.84	4.96	5.13
2-Feb-07	4.83	4.94	5.14
5-Feb-07	4.81	4.92	5.16
6-Feb-07	4.77	4.9	5.14
7-Feb-07	4.74	4.87	5.16
8-Feb-07	4.73	4.87	5.16
9-Feb-07	4.79	4.92	5.15
12-Feb-07	4.8	4.94	5.18
13-Feb-07	4.82	4.95	5.17
14-Feb-07	4.74	4.87	5.16
15-Feb-07	4.7	4.83	5.16
16-Feb-07	4.69	4.83	5.17
19-Feb-07	ND	ND	ND
20-Feb-07	4.68	4.81	5.19
21-Feb-07	4.69	4.82	5.18
22-Feb-07	4.73	4.87	5.19
23-Feb-07	4.68	4.82	5.18
26-Feb-07	4.63	4.77	5.19
27-Feb-07	4.5	4.59	5.14
28-Feb-07	4.56	4.65	5.16
1-Mar-07	4.56	4.63	5.15
2-Mar-07	4.52	4.56	5.12
5-Mar-07	4.51	4.53	5.1
6-Mar-07	4.53	4.58	5.14
7-Mar-07	4.5	4.54	5.12
8-Mar-07	4.51	4.56	5.1
9-Mar-07	4.59	4.66	5.1
12-Mar-07	4.56	4.62	5.09
13-Mar-07	4.5	4.52	5.09
14-Mar-07	4.53	4.54	5.06
15-Mar-07	4.54	4.57	5.05
16-Mar-07	4.55	4.58	5.04
19-Mar-07	4.58	4.61	5.06
20-Mar-07	4.56	4.6	5.06
21-Mar-07	4.53	4.51	5.05
22-Mar-07	4.6	4.58	5.06
23-Mar-07	4.62	4.6	5.08
26-Mar-07	4.6	4.56	5.06
27-Mar-07	4.62	4.58	5.08
28-Mar-07	4.62	4.53	5.06
29-Mar-07	4.64	4.58	5.05
30-Mar-07	4.65	4.58	5.04
2-Apr-07	4.65	4.6	5.04
3-Apr-07	4.67	4.63	5.05
4-Apr-07	4.66	4.61	5.06
5-Apr-07	4.68	4.63	5.04
6-Apr-07	4.76	4.75	5.05
9-Apr-07	4.75	4.73	5.02
10-Apr-07	4.73	4.71	5.03
11-Apr-07	4.74	4.73	5.04
12-Apr-07	4.74	4.73	5.03
13-Apr-07	4.76	4.76	5.02
16-Apr-07	4.74	4.74	5.01
17-Apr-07	4.69	4.68	5.01
18-Apr-07	4.66	4.64	5
19-Apr-07	4.68	4.64	4.99
20-Apr-07	4.68	4.64	4.99
23-Apr-07	4.66	4.62	4.98
24-Apr-07	4.63	4.58	4.98
25-Apr-07	4.66	4.63	4.97
26-Apr-07	4.69	4.67	4.96
27-Apr-07	4.71	4.67	4.95
30-Apr-07	4.63	4.6	4.92
1-May-07	4.64	4.63	4.9
2-May-07	4.65	4.65	4.91
3-May-07	4.68	4.71	4.9
4-May-07	4.65	4.68	4.9
7-May-07	4.64	4.68	4.9
8-May-07	4.63	4.68	4.9
9-May-07	4.67	4.73	4.88
10-May-07	4.65	4.7	4.87
11-May-07	4.67	4.71	4.86
14-May-07	4.69	4.73	4.85
15-May-07	4.71	4.75	4.84
16-May-07	4.71	4.73	4.75
17-May-07	4.76	4.78	4.81
18-May-07	4.81	4.82	4.83
21-May-07	4.79	4.81	4.88
22-May-07	4.83	4.83	4.93
23-May-07	4.86	4.85	4.91
24-May-07	4.86	4.85	4.91
25-May-07	4.86	4.85	4.88
28-May-07	ND	ND	ND
29-May-07	4.88	4.88	4.9
30-May-07	4.88	4.89	4.85
31-May-07	4.9	4.92	4.73
1-Jun-07	4.95	4.97	4.79
4-Jun-07	4.93	4.97	4.81
5-Jun-07	4.98	4.99	4.84
6-Jun-07	4.97	4.97	4.8
7-Jun-07	5.11	5.03	4.8
8-Jun-07	5.12	5.01	4.77
11-Jun-07	5.14	5.01	4.73
12-Jun-07	5.26	5.08	4.72
13-Jun-07	5.2	5.08	4.66
14-Jun-07	5.23	5.1	4.65
15-Jun-07	5.16	5.05	4.55
18-Jun-07	5.15	5.01	4.64
19-Jun-07	5.09	4.94	4.65
20-Jun-07	5.14	4.97	4.74
21-Jun-07	5.16	4.98	4.7
22-Jun-07	5.14	4.92	4.72
25-Jun-07	5.09	4.87	4.83
26-Jun-07	5.1	4.9	4.83
27-Jun-07	5.09	4.91	4.77
28-Jun-07	5.12	4.96	4.77
29-Jun-07	5.03	4.87	4.81
2-Jul-07	5	4.86	4.95
3-Jul-07	5.05	4.89	4.95
4-Jul-07	ND	ND	ND
5-Jul-07	5.16	4.99	4.95
6-Jul-07	5.19	4.99	4.95
9-Jul-07	5.16	4.97	4.97
10-Jul-07	5.03	4.85	4.95
11-Jul-07	5.09	4.89	4.95
12-Jul-07	5.13	4.94	4.97
13-Jul-07	5.11	4.94	4.97

Note: The data are daily and extend through July 13, 2007. Source: Department of the Treasury. ND No data.

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Spreads of Corporate Bond Yields Over Comparable Off-The-Run Treasury Yields, by Credit Rating, 1998-2007

Figure of spreads of corporate bond yields over comparable off-the-run Treasury yields, by credit rating, 1998-2007. Data are plotted as three curves. The high-yield bond spread fluctuates between 2.6 percent and 8.4 percent. It begins around 3 percent in 1998, rises to about 6 percent in late 1998, and then generally rises to peak near 8 percent several times: in 2000, 2001, and 2002. It then generally falls to just under 4 percent by 2004, where it fluctuates within a relatively narrow range through mid-2007. The BBB and AA spreads exhibit similar patterns but fluctuate within narrower and lower ranges: the BBB between 0.7 percent and 3.2 percent and the AA between 0.4 percent and 1.5 percent.

Note: The data are daily and extend through July 13, 2007. The spreads shown are the yields on ten-year bonds less the ten-year Treasury yield.

Source: Derived from smoothed corporate yield curves using Merrill Lynch bond data.

Return to text

Stock Price Indexes, 2005-07

Period	Russell 2000*	Wilshire 5000*
3-Jan-05	100	100
4-Jan-05	98.1419	98.6958
5-Jan-05	96.415	98.1223
6-Jan-05	96.7803	98.4634
7-Jan-05	95.7482	98.2598
10-Jan-05	96.4556	98.6642
11-Jan-05	95.4859	97.9967
12-Jan-05	95.7451	98.3339
13-Jan-05	95.2673	97.6378
14-Jan-05	96.415	98.2923
17-Jan-05	ND	ND
18-Jan-05	97.5689	99.2551
19-Jan-05	96.4821	98.335
20-Jan-05	95.6124	97.5865
21-Jan-05	95.4141	97.0654
24-Jan-05	94.3929	96.576
25-Jan-05	94.7005	96.868
26-Jan-05	96.2729	97.4833
27-Jan-05	96.3244	97.5381
28-Jan-05	95.7154	97.2675
31-Jan-05	97.4361	98.2065
1-Feb-05	98.0794	98.873
2-Feb-05	98.679	99.2654
3-Feb-05	98.2637	98.9885
4-Feb-05	99.5316	100.0904
7-Feb-05	99.4035	99.9635
8-Feb-05	99.7314	100.0335
9-Feb-05	97.7	99.0641
10-Feb-05	97.8718	99.4268
11-Feb-05	99.1131	100.1711
14-Feb-05	99.1537	100.2617
15-Feb-05	99.1412	100.5575
16-Feb-05	99.7517	100.6636
17-Feb-05	98.5479	99.8833
18-Feb-05	98.3902	99.8863
21-Feb-05	ND	ND
22-Feb-05	96.4852	98.3938
23-Feb-05	96.8928	98.9048
24-Feb-05	97.9889	99.6866
25-Feb-05	99.5456	100.6652
28-Feb-05	99.0038	100.0699
1-Mar-05	99.7018	100.6458
2-Mar-05	99.5144	100.6162
3-Mar-05	99.6643	100.6399
4-Mar-05	100.7042	101.5614
7-Mar-05	100.534	101.8426
8-Mar-05	99.6159	101.2921
9-Mar-05	98.5385	100.2628
10-Mar-05	97.8921	100.3031
11-Mar-05	97.8765	99.7162
14-Mar-05	98.4167	100.3349
15-Mar-05	97.8733	99.6778
16-Mar-05	97.2644	98.8526
17-Mar-05	97.661	99.0728
18-Mar-05	97.2097	98.942
21-Mar-05	97.0536	98.5528
22-Mar-05	96.5867	97.6591
23-Mar-05	95.5687	97.5062
24-Mar-05	96.0699	97.5243
25-Mar-05	ND	ND
28-Mar-05	96.0465	97.6732
29-Mar-05	94.4085	96.8337
30-Mar-05	96.0121	98.1387
31-Mar-05	96.0387	98.1703
1-Apr-05	95.489	97.5838
4-Apr-05	95.8341	97.8387
5-Apr-05	95.9497	98.2375
6-Apr-05	96.2167	98.4504
7-Apr-05	96.771	99.0048
8-Apr-05	95.3641	98.1392
11-Apr-05	94.8051	98.076
12-Apr-05	95.7201	98.6322
13-Apr-05	94.0822	97.4411
14-Apr-05	92.4271	96.3873
15-Apr-05	90.6845	94.868
18-Apr-05	91.395	95.1664
19-Apr-05	92.8955	95.8903
20-Apr-05	91.3372	94.6236
21-Apr-05	93.5263	96.4175
22-Apr-05	92.0508	95.6316
25-Apr-05	93.1297	96.5591
26-Apr-05	91.7588	95.7176
27-Apr-05	91.6776	95.9881
28-Apr-05	89.7851	94.8563
29-Apr-05	90.4659	95.8527
2-May-05	91.4777	96.3497
3-May-05	91.2623	96.298
4-May-05	92.9392	97.5298
5-May-05	93.0048	97.3606
6-May-05	93.1422	97.3299
9-May-05	94.14	97.9527
10-May-05	92.9111	96.9693
11-May-05	92.9939	97.3212
12-May-05	91.6386	96.3104
13-May-05	90.8781	95.8271
16-May-05	92.3912	96.8173
17-May-05	92.947	97.4631
18-May-05	94.916	98.5729
19-May-05	95.3188	99.0509
20-May-05	95.1549	98.9407
23-May-05	95.6951	99.3824
24-May-05	95.7076	99.4172
25-May-05	94.6849	98.9817
26-May-05	95.9809	99.6848
27-May-05	96.3244	99.8748
30-May-05	ND	ND
31-May-05	96.2947	99.4316
1-Jun-05	97.3924	100.3307
2-Jun-05	97.6266	100.566
3-Jun-05	96.8553	99.9051
6-Jun-05	97.2675	100.082
7-Jun-05	97.3987	100.0722
8-Jun-05	96.8818	99.7964
9-Jun-05	97.7812	100.3774
10-Jun-05	97.7968	100.1754
13-Jun-05	98.2169	100.4411
14-Jun-05	99.0553	100.7711
15-Jun-05	99.4925	100.9968
16-Jun-05	100.5606	101.4744
17-Jun-05	100.5855	101.8634
20-Jun-05	100.2186	101.8008
21-Jun-05	100.0937	101.6004
22-Jun-05	100.47	101.6687
23-Jun-05	99.0132	100.6093
24-Jun-05	98.4339	99.9046
27-Jun-05	98.106	99.8491
28-Jun-05	100.1624	100.8535
29-Jun-05	100.3623	100.7773
30-Jun-05	99.8782	100.1818
1-Jul-05	100.406	100.5148
4-Jul-05	ND	ND
5-Jul-05	101.9971	101.4595
6-Jul-05	101.2226	100.7103
7-Jul-05	101.3834	100.9798
8-Jul-05	103.3883	102.1962
11-Jul-05	104.8873	102.9164
12-Jul-05	104.7389	103.1338
13-Jul-05	104.2486	103.1363
14-Jul-05	103.5257	103.2327
15-Jul-05	103.6381	103.3699
18-Jul-05	102.8293	102.8376
19-Jul-05	104.4376	103.6432
20-Jul-05	105.796	104.209
21-Jul-05	104.1628	103.4398
22-Jul-05	105.8304	104.0662
25-Jul-05	104.7702	103.6114
26-Jul-05	105.3307	103.8486
27-Jul-05	105.3776	104.2701
28-Jul-05	106.6517	104.9529
29-Jul-05	106.138	104.265
1-Aug-05	106.6142	104.4328
2-Aug-05	107.5058	105.1848
3-Aug-05	106.7048	105.1508
4-Aug-05	104.9029	104.2922
5-Aug-05	103.4898	103.4009
8-Aug-05	102.9917	103.019
9-Aug-05	103.1291	103.5918
10-Aug-05	103.0791	103.4527
11-Aug-05	104.0488	104.1864
12-Aug-05	103.0542	103.6153
15-Aug-05	103.9348	103.9177
16-Aug-05	102.2125	102.6968
17-Aug-05	102.2453	102.7107
18-Aug-05	101.6785	102.5571
19-Aug-05	101.8846	102.6378
22-Aug-05	102.6591	102.8509
23-Aug-05	102.3468	102.5653
24-Aug-05	102.275	102.0344
25-Aug-05	102.695	102.262
26-Aug-05	101.2804	101.5792
29-Aug-05	102.3234	102.2183
30-Aug-05	102.0798	101.9181
31-Aug-05	104.0706	103.053
1-Sep-05	104.3736	103.1937
2-Sep-05	103.5741	102.8206
5-Sep-05	ND	ND
6-Sep-05	105.3151	104.0932
7-Sep-05	105.7585	104.3847
8-Sep-05	105.1574	103.9795
9-Sep-05	105.8725	104.7478
12-Sep-05	106.305	104.7455
13-Sep-05	105.1043	103.9402
14-Sep-05	104.0457	103.505
15-Sep-05	103.9004	103.5108
16-Sep-05	104.9247	104.2245
19-Sep-05	104.1503	103.6869
20-Sep-05	103.1525	102.8878
21-Sep-05	101.4834	101.828
22-Sep-05	101.6738	102.1231
23-Sep-05	102.3453	102.2921
26-Sep-05	103.0854	102.4498
27-Sep-05	102.9246	102.4267
28-Sep-05	102.4358	102.4601
29-Sep-05	103.8395	103.4107
30-Sep-05	104.2721	103.6614
3-Oct-05	104.7015	103.6614
4-Oct-05	103.6537	102.6394
5-Oct-05	100.7089	100.9528
6-Oct-05	99.8454	100.4126
7-Oct-05	100.6074	100.8321
10-Oct-05	99.6143	100.103
11-Oct-05	98.3824	99.7893
12-Oct-05	97.0536	98.9794
13-Oct-05	97.3206	98.8834
14-Oct-05	98.8617	99.8348
17-Oct-05	98.8961	100.1461
18-Oct-05	97.6454	99.1065
19-Oct-05	99.6627	100.5422
20-Oct-05	97.9858	99.1038
21-Oct-05	98.7961	99.4718
24-Oct-05	100.9618	101.1805
25-Oct-05	100.3576	100.9101
26-Oct-05	99.683	100.452
27-Oct-05	97.4377	99.1961
28-Oct-05	99.2021	100.7775
31-Oct-05	100.9634	101.7549
1-Nov-05	100.4028	101.4806
2-Nov-05	102.5935	102.6398
3-Nov-05	102.8621	103.0626
4-Nov-05	102.7668	103.0738
7-Nov-05	103.2478	103.3479
8-Nov-05	102.4655	102.9453
9-Nov-05	103.0276	103.1363
10-Nov-05	103.8239	103.9627
11-Nov-05	104.0941	104.2823
14-Nov-05	103.6678	104.2059
15-Nov-05	102.4655	103.698
16-Nov-05	102.2172	103.822
17-Nov-05	104.169	104.9529
18-Nov-05	104.9622	105.3978
21-Nov-05	106.0146	106.0332
22-Nov-05	106.5752	106.5925
23-Nov-05	106.6673	106.9478
24-Nov-05	ND	ND
25-Nov-05	106.736	107.1464
28-Nov-05	104.8498	106.0604
29-Nov-05	105.1917	106.0767
30-Nov-05	105.7539	105.624
1-Dec-05	107.7712	107.0004
2-Dec-05	107.8274	107.065
5-Dec-05	107.2029	106.726
6-Dec-05	107.3606	106.8525
7-Dec-05	106.647	106.3347
8-Dec-05	106.9921	106.3308
9-Dec-05	107.5464	106.6269
12-Dec-05	107.6666	106.749
13-Dec-05	107.587	107.2069
14-Dec-05	107.8165	107.5949
15-Dec-05	106.9171	107.3326
16-Dec-05	106.6595	107.0307
19-Dec-05	104.9669	106.2445
20-Dec-05	105.0497	106.2688
21-Dec-05	106.1364	106.6396
22-Dec-05	106.8141	107.1284
23-Dec-05	107.1826	107.2247
26-Dec-05	ND	ND
27-Dec-05	105.643	106.167
28-Dec-05	106.1895	106.374
29-Dec-05	105.8585	106.0861
30-Dec-05	105.1184	105.5883
2-Jan-06	ND	ND
3-Jan-06	106.8094	107.2432
4-Jan-06	107.6213	107.746
5-Jan-06	108.0148	107.7994
6-Jan-06	109.2046	108.8274
9-Jan-06	110.2742	109.3445
10-Jan-06	111.0159	109.4438
11-Jan-06	111.0471	109.7513
12-Jan-06	110.3601	109.0539
13-Jan-06	110.6177	109.1887
16-Jan-06	ND	ND
17-Jan-06	109.8651	108.7873
18-Jan-06	109.8901	108.4022
19-Jan-06	111.6326	109.1441
20-Jan-06	110.0181	107.2529
23-Jan-06	110.5209	107.5
24-Jan-06	112.1135	107.9858
25-Jan-06	111.8684	107.736
26-Jan-06	113.7468	108.5957
27-Jan-06	114.3308	109.348
30-Jan-06	114.12	109.4831
31-Jan-06	114.4838	109.2655
1-Feb-06	114.8398	109.3681
2-Feb-06	113.3986	108.4082
3-Feb-06	113.0816	107.8625
6-Feb-06	113.6547	108.0295
7-Feb-06	111.9824	107.0065
8-Feb-06	112.6038	107.7751
9-Feb-06	112.1354	107.5709
10-Feb-06	111.9746	107.7547
13-Feb-06	110.944	107.2517
14-Feb-06	112.3759	108.2799
15-Feb-06	113.219	108.7099
16-Feb-06	114.2839	109.5519
17-Feb-06	114.1309	109.4167
20-Feb-06	ND	ND
21-Feb-06	113.4814	109.0565
22-Feb-06	114.5353	109.8506
23-Feb-06	114.3667	109.5393
24-Feb-06	115.0147	109.7459
27-Feb-06	115.6439	110.162
28-Feb-06	114.0841	109.001
1-Mar-06	115.9125	109.9745
2-Mar-06	115.5705	109.8503
3-Mar-06	115.302	109.6947
6-Mar-06	114.1653	108.9173
7-Mar-06	112.5882	108.4562
8-Mar-06	112.71	108.6004
9-Mar-06	112.1541	108.1056
10-Mar-06	113.4127	108.8723
13-Mar-06	113.6781	109.0933
14-Mar-06	114.9366	110.2216
15-Mar-06	116.0046	110.7589
16-Mar-06	116.1373	110.9249
17-Mar-06	116.4965	111.1501
20-Mar-06	116.4231	111.0326
21-Mar-06	114.9366	110.2807
22-Mar-06	116.3029	110.969
23-Mar-06	116.7322	110.8038
24-Mar-06	117.705	111.0633
27-Mar-06	117.7362	110.9896
28-Mar-06	117.3053	110.4026
29-Mar-06	119.3195	111.3852
30-Mar-06	119.0728	111.2045
31-Mar-06	119.471	110.9678
3-Apr-06	118.5466	111.0212
4-Apr-06	119.0307	111.6245
5-Apr-06	119.6459	112.1223
6-Apr-06	119.6412	111.9569
7-Apr-06	118.0641	110.8306
10-Apr-06	117.5676	110.811
11-Apr-06	115.875	109.8794
12-Apr-06	116.7588	110.0774
13-Apr-06	117.2803	110.2071
14-Apr-06	ND	ND
17-Apr-06	117.0242	109.9445
18-Apr-06	120.2002	111.8659
19-Apr-06	121.5446	112.2957
20-Apr-06	120.959	112.3207
21-Apr-06	120.5609	112.2765
24-Apr-06	119.6271	111.9505
25-Apr-06	119.421	111.4707
26-Apr-06	119.485	111.687
27-Apr-06	118.887	111.9254
28-Apr-06	119.3773	112.0263
1-May-06	118.8433	111.6087
2-May-06	119.8567	112.2206
3-May-06	119.8754	111.8809
4-May-06	120.9668	112.3419
5-May-06	122.077	113.5138
8-May-06	122.0411	113.4962
9-May-06	121.9037	113.5097
10-May-06	121.1573	113.2868
11-May-06	118.2734	111.7382
12-May-06	115.9203	110.3206
15-May-06	115.1771	110.364
16-May-06	115.1505	110.2142
17-May-06	113.3361	108.3938
18-May-06	112.1838	107.6328
19-May-06	112.8193	108.0691
22-May-06	111.681	107.4889
23-May-06	111.0627	107.0381
24-May-06	111.0596	107.0885
25-May-06	113.294	108.4337
26-May-06	113.9139	109.0939
29-May-06	ND	ND
30-May-06	111.0237	107.3304
31-May-06	112.5804	108.3213
1-Jun-06	114.9991	109.7297
2-Jun-06	115.1474	109.9584
5-Jun-06	111.4734	107.8987
6-Jun-06	111.0112	107.594
7-Jun-06	110.3585	106.9453
8-Jun-06	110.3195	106.9516
9-Jun-06	109.5169	106.529
12-Jun-06	106.6751	104.941
13-Jun-06	105.0403	103.726
14-Jun-06	105.7226	104.2149
15-Jun-06	109.4638	106.6681
16-Jun-06	108.2178	106.2399
19-Jun-06	106.2957	105.1919
20-Jun-06	105.7866	105.0968
21-Jun-06	107.843	106.3021
22-Jun-06	107.4324	105.7782
23-Jun-06	107.7603	105.8605
26-Jun-06	109.0875	106.4259
27-Jun-06	107.2606	105.3985
28-Jun-06	107.4324	105.8922
29-Jun-06	111.5358	108.3557
30-Jun-06	113.1519	108.3854
3-Jul-06	114.1091	109.1936
4-Jul-06	ND	ND
5-Jul-06	112.3993	108.2723
6-Jul-06	112.5226	108.4924
7-Jul-06	110.752	107.6351
10-Jul-06	110.7176	107.7236
11-Jul-06	111.5467	108.1617
12-Jul-06	109.4825	106.9401
13-Jul-06	107.3153	105.4218
14-Jul-06	106.3706	104.8041
17-Jul-06	105.8163	104.5614
18-Jul-06	106.4331	104.751
19-Jul-06	109.6652	106.8168
20-Jul-06	106.7407	105.6114
21-Jul-06	104.9185	104.6559
24-Jul-06	107.8571	106.5177
25-Jul-06	108.9001	107.2937
26-Jul-06	108.4333	107.182
27-Jul-06	107.0655	106.5703
28-Jul-06	109.3045	107.9579
31-Jul-06	109.3873	107.8825
1-Aug-06	107.7213	107.2547
2-Aug-06	108.8018	107.9145
3-Aug-06	109.9838	108.1902
4-Aug-06	109.4966	108.0674
7-Aug-06	108.6831	107.6922
8-Aug-06	107.3434	107.2126
9-Aug-06	106.341	106.6449
10-Aug-06	107.1576	107.1507
11-Aug-06	106.0271	106.6302
14-Aug-06	106.4471	106.7678
15-Aug-06	108.961	108.3245
16-Aug-06	110.4538	109.3109
17-Aug-06	110.9831	109.4869
18-Aug-06	111.1236	109.8358
21-Aug-06	110.1321	109.3717
22-Aug-06	110.5115	109.4833
23-Aug-06	109.0532	108.866
24-Aug-06	109.1	109.0536
25-Aug-06	109.1812	108.995
28-Aug-06	110.3382	109.6265
29-Aug-06	111.6186	109.9752
30-Aug-06	112.5133	110.1105
31-Aug-06	112.5055	110.1841
1-Sep-06	112.6663	110.7395
4-Sep-06	ND	ND
5-Sep-06	113.5938	111.0261
6-Sep-06	111.1798	109.7645
7-Sep-06	110.3101	109.2261
8-Sep-06	110.6333	109.5917
11-Sep-06	110.4819	109.5533
12-Sep-06	113.1222	110.8624
13-Sep-06	114.0934	111.3777
14-Sep-06	113.6094	111.1783
15-Sep-06	113.8826	111.4566
18-Sep-06	113.803	111.5341
19-Sep-06	113.2737	111.2365
20-Sep-06	114.6837	111.8466
21-Sep-06	113.536	111.2259
22-Sep-06	112.2088	110.8175
25-Sep-06	113.5298	111.7683
26-Sep-06	113.9232	112.5778
27-Sep-06	114.3807	112.7104
28-Sep-06	114.3839	112.898
29-Sep-06	113.2955	112.5749
2-Oct-06	112.2369	112.0979
3-Oct-06	112.1651	112.2359
4-Oct-06	114.526	113.6596
5-Oct-06	116.0265	114.1698
6-Oct-06	115.5159	113.8307
9-Oct-06	116.2591	114.0717
10-Oct-06	116.4637	114.3511
11-Oct-06	115.8126	113.9915
12-Oct-06	118.214	115.2036
13-Oct-06	119.0822	115.53
16-Oct-06	120.1486	115.9629
17-Oct-06	119.4351	115.482
18-Oct-06	119.2009	115.5758
19-Oct-06	119.8223	115.7451
20-Oct-06	119.001	115.7106
23-Oct-06	119.218	116.3805
24-Oct-06	119.0478	116.4186
25-Oct-06	119.7848	116.8617
26-Oct-06	121.1729	117.6179
27-Oct-06	119.5803	116.577
30-Oct-06	120.2861	116.6938
31-Oct-06	119.7364	116.6499
1-Nov-06	117.4427	115.6386
2-Nov-06	117.1273	115.5468
3-Nov-06	117.5333	115.4222
6-Nov-06	119.1493	116.7707
7-Nov-06	119.3539	117.0081
8-Nov-06	120.2049	117.3687
9-Nov-06	118.9901	116.724
10-Nov-06	120.0971	117.0497
13-Nov-06	120.6061	117.3655
14-Nov-06	122.5814	118.241
15-Nov-06	123.6587	118.6636
16-Nov-06	123.4698	118.8589
17-Nov-06	123.1138	118.9194
20-Nov-06	123.4495	118.9677
21-Nov-06	123.6915	119.2408
22-Nov-06	123.8071	119.5634
23-Nov-06	ND	ND
24-Nov-06	123.7087	119.241
27-Nov-06	120.5577	117.4073
28-Nov-06	120.9824	117.7646
29-Nov-06	122.4408	118.8911
30-Nov-06	122.7469	119.0762
1-Dec-06	121.974	118.7473
4-Dec-06	124.2661	119.9281
5-Dec-06	124.5113	120.3866
6-Dec-06	124.2802	120.2661
7-Dec-06	123.7103	119.7787
8-Dec-06	123.7524	119.9633
11-Dec-06	123.8321	120.1811
12-Dec-06	123.1044	119.9646
13-Dec-06	123.1575	120.0729
14-Dec-06	124.0116	121.0232
15-Dec-06	123.7758	121.1021
18-Dec-06	122.1067	120.5319
19-Dec-06	122.1192	120.7214
20-Dec-06	122.6594	120.6261
21-Dec-06	122.2441	120.1574
22-Dec-06	121.9193	119.5903
25-Dec-06	ND	ND
26-Dec-06	123.067	120.1244
27-Dec-06	124.5597	121.0175
28-Dec-06	124.0522	120.8318
29-Dec-06	122.9873	120.2642
1-Jan-07	ND	ND
2-Jan-07	ND	ND
3-Jan-07	122.9498	120.1728
4-Jan-07	123.3449	120.3684
5-Jan-07	121.1464	119.4818
8-Jan-07	121.3213	119.7547
9-Jan-07	121.5305	119.8185
10-Jan-07	121.6148	120.1377
11-Jan-07	123.1107	121.0461
12-Jan-07	124.0179	121.6851
15-Jan-07	ND	ND
16-Jan-07	123.5838	121.7398
17-Jan-07	123.1606	121.6114
18-Jan-07	121.5118	121.0515
19-Jan-07	122.597	121.5146
22-Jan-07	121.4727	120.8732
23-Jan-07	122.6313	121.3947
24-Jan-07	123.9819	122.4599
25-Jan-07	122.4439	121.1172
26-Jan-07	123.0623	121.0854
29-Jan-07	123.8367	121.1237
30-Jan-07	124.5972	121.7921
31-Jan-07	124.9672	122.5785
1-Feb-07	126.1273	123.2825
2-Feb-07	126.385	123.5109
5-Feb-07	125.9587	123.3729
6-Feb-07	126.4802	123.5485
7-Feb-07	127.4436	123.8433
8-Feb-07	127.4733	123.7226
9-Feb-07	126.0243	122.7821
12-Feb-07	125.8182	122.3335
13-Feb-07	126.8706	123.2534
14-Feb-07	127.0986	124.1022
15-Feb-07	127.3234	124.2654
16-Feb-07	127.7481	124.2802
19-Feb-07	ND	ND
20-Feb-07	128.991	124.8107
21-Feb-07	129.1815	124.7228
22-Feb-07	129.511	124.6603
23-Feb-07	129.0738	124.2479
26-Feb-07	128.6131	124.0272
27-Feb-07	123.768	119.8058
28-Feb-07	123.868	120.3828
1-Mar-07	123.5135	120.0827
2-Mar-07	121.0793	118.5989
5-Mar-07	118.6778	117.2191
6-Mar-07	121.6164	119.1492
7-Mar-07	121.1511	118.8782
8-Mar-07	121.9693	119.7298
9-Mar-07	122.5907	119.8907
12-Mar-07	123.1966	120.2607
13-Mar-07	120.0924	117.805
14-Mar-07	121.1167	118.4807
15-Mar-07	122.3549	119.0344
16-Mar-07	121.5992	118.5504
19-Mar-07	122.8921	119.8558
20-Mar-07	123.9148	120.6412
21-Mar-07	126.0805	122.6209
22-Mar-07	126.1711	122.6504
23-Mar-07	126.399	122.7855
26-Mar-07	126.31	122.8462
27-Mar-07	125.2826	122.0967
28-Mar-07	124.5082	121.2073
29-Mar-07	124.7486	121.5774
30-Mar-07	125.025	121.544
2-Apr-07	125.4169	121.8722
3-Apr-07	126.7519	122.9938
4-Apr-07	126.5989	123.1115
5-Apr-07	126.9986	123.4934
6-Apr-07	ND	ND
9-Apr-07	126.7316	123.5584
10-Apr-07	127.1798	123.8742
11-Apr-07	126.2007	123.0943
12-Apr-07	127.2641	123.8477
13-Apr-07	127.9402	124.3037
16-Apr-07	129.8232	125.6133
17-Apr-07	129.436	125.7755
18-Apr-07	128.7209	125.7597
19-Apr-07	127.9308	125.48
20-Apr-07	129.4204	126.6105
23-Apr-07	129.2159	126.3908
24-Apr-07	129.03	126.2948
25-Apr-07	129.9216	127.4582
26-Apr-07	130.1917	127.4381
27-Apr-07	129.5516	127.3092
30-Apr-07	127.1891	126.1249
1-May-07	127.4514	126.3906
2-May-07	129.3579	127.3886
3-May-07	129.422	127.8668
4-May-07	130.0481	128.164
7-May-07	129.8904	128.4047
8-May-07	129.7389	128.2394
9-May-07	130.3432	128.7165
10-May-07	127.8231	126.9179
11-May-07	129.5266	128.1677
14-May-07	128.4008	127.8
15-May-07	127.1282	127.4405
16-May-07	128.0682	128.4154
17-May-07	127.3562	128.2723
18-May-07	128.6085	129.0995
21-May-07	130.1683	129.5289
22-May-07	131.1473	129.6715
23-May-07	130.6196	129.4631
24-May-07	128.6303	128.0594
25-May-07	129.5875	128.7977
28-May-07	ND	ND
29-May-07	130.7742	129.1897
30-May-07	131.6829	130.249
31-May-07	132.2809	130.4252
1-Jun-07	133.2599	131.02
4-Jun-07	133.516	131.3281
5-Jun-07	132.448	130.6119
6-Jun-07	131.3488	129.4214
7-Jun-07	128.8708	127.1187
8-Jun-07	130.4275	128.4928
11-Jun-07	130.0949	128.602
12-Jun-07	128.3055	127.2497
13-Jun-07	129.995	129.0365
14-Jun-07	130.7101	129.6738
15-Jun-07	132.4386	130.5917
18-Jun-07	132.1404	130.4441
19-Jun-07	132.4621	130.6621
20-Jun-07	130.5634	128.9827
21-Jun-07	131.1302	129.6988
22-Jun-07	130.3401	128.2419
25-Jun-07	129.2002	127.7038
26-Jun-07	128.9941	127.2801
27-Jun-07	130.9178	128.4906
28-Jun-07	131.0084	128.5118
29-Jun-07	130.1761	128.3037
2-Jul-07	131.9499	129.7209
3-Jul-07	132.4402	130.158
4-Jul-07	ND	ND
5-Jul-07	132.7416	130.3145
6-Jul-07	133.0819	130.8063
9-Jul-07	133.2272	130.9456
10-Jul-07	130.7663	129.0884
11-Jul-07	131.1551	129.7552
12-Jul-07	133.5301	132.0345
13-Jul-07	133.6206	132.4395

Note: The data are daily and extend through July 13, 2007. * Index January 3, 2005 = 100.  Return to table Source: Frank Russell Company; Dow Jones Indexes. ND No data.

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Change in Domestic Nonfinancial Debt, 1991-2007

Percent

Period	Nonfederal debt	Federal debt held by the public	Total nonfinancial debt
1991	2.2607	11.1377	4.3074
1992	2.482	10.9489	4.5621
1993	3.6929	8.3148	4.8977
1994	4.6222	4.6711	4.6354
1995	5.6692	4.1356	5.2563
1996	5.6717	3.9855	5.2225
1997	6.9831	0.611	5.3056
1998	9.5318	-1.3831	6.7865
1999	9.1938	-1.8978	6.6174
2000	8.5208	-8.038	4.9818
2001	7.6552	-0.1661	6.1909
2002	7.102	7.6214	7.1934
2003	7.7745	10.8891	8.3249
2004	9.0387	8.9737	9.027
2005	9.8846	6.9826	9.3599
2006	8.9668	3.9003	8.0706
2007	7.6996	6.8083	7.5477

Note: For 2007, change is from 2006:Q4 to 2007:Q1 at an annual rate. For earlier years, the data are annual and are computed by dividing the annual flow for a given year by the level at the end of the preceding year. The total consists of components shown. Nonfederal debt consists of the outstanding credit market debt of state and local governments, households, nonprofit organizations, and nonfinancial businesses. Federal debt held by the public excludes securities held as investments of federal government accounts. Source: Federal Reserve Board, flow of funds data.

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M2 Growth Rate, 1991-2007

Percent

Period	Growth rate
1991	3.1085
1992	1.7738
1993	1.2727
1994	0.6809
1995	3.8624
1996	4.6154
1997	5.6236
1998	8.3234
1999	6.1769
2000	5.8881
2001	10.186
2002	6.6665
2003	5.6053
2004	5.3064
2005	4.0879
2006	4.9303
2007	7.0087

Note: Through 2006, the data are annual on a fourth-quarter over fourth-quarter basis; for 2007, change is calculated from 2006:Q4 to 2007:Q2 and annualized. M2 consists of currency, traveler's checks, demand deposits, other checkable deposits, savings deposits (including money market deposit accounts), small-denomination time deposits, and balances in retail money market funds. Source: Federal Reserve Board, Statistical Release H.6., "Money Stock Measures."

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Consumer Prices for Major Foreign Economies, 2004-07

Percent

Period	Canada	Euro area	Japan	United Kingdom
Jan-04	1.27	1.88	-0.30	1.36
Feb-04	0.68	1.61	0.00	1.25
Mar-04	0.78	1.67	-0.10	1.14
Apr-04	1.66	2.04	-0.40	1.14
May-04	2.44	2.47	-0.50	1.45
Jun-04	2.54	2.38	0.00	1.66
Jul-04	2.34	2.29	-0.10	1.35
Aug-04	1.85	2.30	-0.20	1.34
Sep-04	1.84	2.11	0.00	1.13
Oct-04	2.33	2.37	0.50	1.23
Nov-04	2.42	2.20	0.80	1.44
Dec-04	2.13	2.36	0.20	1.64
Jan-05	1.94	1.93	0.20	1.65
Feb-05	2.13	2.10	-0.10	1.65
Mar-05	2.31	2.09	0.00	1.95
Apr-05	2.40	2.08	0.10	1.94
May-05	1.62	1.99	0.10	1.94
Jun-05	1.71	2.07	-0.50	1.94
Jul-05	2.00	2.17	-0.30	2.35
Aug-05	2.58	2.24	-0.30	2.34
Sep-05	3.24	2.59	-0.30	2.44
Oct-05	2.57	2.50	-0.79	2.34
Nov-05	1.99	2.32	-0.99	2.13
Dec-05	2.09	2.22	-0.40	1.92
Jan-06	2.75	2.39	-0.10	1.93
Feb-06	2.18	2.33	-0.10	2.13
Mar-06	2.16	2.23	-0.20	1.81
Apr-06	2.44	2.46	-0.10	2.01
May-06	2.81	2.48	0.10	2.20
Jun-06	2.43	2.48	0.50	2.50
Jul-06	2.33	2.43	0.30	2.40
Aug-06	2.14	2.26	0.90	2.49
Sep-06	0.74	1.75	0.60	2.39
Oct-06	1.02	1.56	0.40	2.48
Nov-06	1.39	1.87	0.30	2.68
Dec-06	1.67	1.92	0.30	2.97
Jan-07	1.11	1.84	0.00	2.69
Feb-07	2.04	1.84	-0.20	2.78
Mar-07	2.30	1.94	-0.10	3.07
Apr-07	2.20	1.91	0.00	2.75
May-07	2.19	1.87	0.00	2.54
Jun-07	n.a.	1.89	n.a.	n.a.

Note: The data are monthly; they extend through May for Canada, Japan, and the United Kingdom and through June for the euro area. Change is from one year earlier. Source: Haver. n.a. Not available.

Return to text

Official or Targeted Interest Rates in Selected Foreign Industrial Economies, 2004-07

Percent

Period	Canada	Euro area	Japan	United Kingdom
1-Jan-04	2.50	2.00	0.00	3.75
2-Jan-04	2.50	2.00	0.00	3.75
5-Jan-04	2.50	2.00	0.00	3.75
6-Jan-04	2.50	2.00	0.00	3.75
7-Jan-04	2.50	2.00	0.00	3.75
8-Jan-04	2.50	2.00	0.00	3.75
9-Jan-04	2.50	2.00	0.00	3.75
12-Jan-04	2.50	2.00	0.00	3.75
13-Jan-04	2.50	2.00	0.00	3.75
14-Jan-04	2.50	2.00	0.00	3.75
15-Jan-04	2.50	2.00	0.00	3.75
16-Jan-04	2.50	2.00	0.00	3.75
19-Jan-04	2.50	2.00	0.00	3.75
20-Jan-04	2.50	2.00	0.00	3.75
21-Jan-04	2.50	2.00	0.00	3.75
22-Jan-04	2.50	2.00	0.00	3.75
23-Jan-04	2.50	2.00	0.00	3.75
26-Jan-04	2.50	2.00	0.00	3.75
27-Jan-04	2.50	2.00	0.00	3.75
28-Jan-04	2.50	2.00	0.00	3.75
29-Jan-04	2.50	2.00	0.00	3.75
30-Jan-04	2.50	2.00	0.00	3.75
2-Feb-04	2.50	2.00	0.00	4.00
3-Feb-04	2.50	2.00	0.00	4.00
4-Feb-04	2.50	2.00	0.00	4.00
5-Feb-04	2.50	2.00	0.00	4.00
6-Feb-04	2.50	2.00	0.00	4.00
9-Feb-04	2.50	2.00	0.00	4.00
10-Feb-04	2.50	2.00	0.00	4.00
11-Feb-04	2.50	2.00	0.00	4.00
12-Feb-04	2.50	2.00	0.00	4.00
13-Feb-04	2.50	2.00	0.00	4.00
16-Feb-04	2.50	2.00	0.00	4.00
17-Feb-04	2.50	2.00	0.00	4.00
18-Feb-04	2.50	2.00	0.00	4.00
19-Feb-04	2.50	2.00	0.00	4.00
20-Feb-04	2.50	2.00	0.00	4.00
23-Feb-04	2.50	2.00	0.00	4.00
24-Feb-04	2.50	2.00	0.00	4.00
25-Feb-04	2.50	2.00	0.00	4.00
26-Feb-04	2.50	2.00	0.00	4.00
27-Feb-04	2.50	2.00	0.00	4.00
1-Mar-04	2.25	2.00	0.00	4.00
2-Mar-04	2.25	2.00	0.00	4.00
3-Mar-04	2.25	2.00	0.00	4.00
4-Mar-04	2.25	2.00	0.00	4.00
5-Mar-04	2.25	2.00	0.00	4.00
8-Mar-04	2.25	2.00	0.00	4.00
9-Mar-04	2.25	2.00	0.00	4.00
10-Mar-04	2.25	2.00	0.00	4.00
11-Mar-04	2.25	2.00	0.00	4.00
12-Mar-04	2.25	2.00	0.00	4.00
15-Mar-04	2.25	2.00	0.00	4.00
16-Mar-04	2.25	2.00	0.00	4.00
17-Mar-04	2.25	2.00	0.00	4.00
18-Mar-04	2.25	2.00	0.00	4.00
19-Mar-04	2.25	2.00	0.00	4.00
22-Mar-04	2.25	2.00	0.00	4.00
23-Mar-04	2.25	2.00	0.00	4.00
24-Mar-04	2.25	2.00	0.00	4.00
25-Mar-04	2.25	2.00	0.00	4.00
26-Mar-04	2.25	2.00	0.00	4.00
29-Mar-04	2.25	2.00	0.00	4.00
30-Mar-04	2.25	2.00	0.00	4.00
31-Mar-04	2.25	2.00	0.00	4.00
1-Apr-04	2.00	2.00	0.00	4.00
2-Apr-04	2.00	2.00	0.00	4.00
5-Apr-04	2.00	2.00	0.00	4.00
6-Apr-04	2.00	2.00	0.00	4.00
7-Apr-04	2.00	2.00	0.00	4.00
8-Apr-04	2.00	2.00	0.00	4.00
9-Apr-04	2.00	2.00	0.00	4.00
12-Apr-04	2.00	2.00	0.00	4.00
13-Apr-04	2.00	2.00	0.00	4.00
14-Apr-04	2.00	2.00	0.00	4.00
15-Apr-04	2.00	2.00	0.00	4.00
16-Apr-04	2.00	2.00	0.00	4.00
19-Apr-04	2.00	2.00	0.00	4.00
20-Apr-04	2.00	2.00	0.00	4.00
21-Apr-04	2.00	2.00	0.00	4.00
22-Apr-04	2.00	2.00	0.00	4.00
23-Apr-04	2.00	2.00	0.00	4.00
26-Apr-04	2.00	2.00	0.00	4.00
27-Apr-04	2.00	2.00	0.00	4.00
28-Apr-04	2.00	2.00	0.00	4.00
29-Apr-04	2.00	2.00	0.00	4.00
30-Apr-04	2.00	2.00	0.00	4.00
3-May-04	2.00	2.00	0.00	4.25
4-May-04	2.00	2.00	0.00	4.25
5-May-04	2.00	2.00	0.00	4.25
6-May-04	2.00	2.00	0.00	4.25
7-May-04	2.00	2.00	0.00	4.25
10-May-04	2.00	2.00	0.00	4.25
11-May-04	2.00	2.00	0.00	4.25
12-May-04	2.00	2.00	0.00	4.25
13-May-04	2.00	2.00	0.00	4.25
14-May-04	2.00	2.00	0.00	4.25
17-May-04	2.00	2.00	0.00	4.25
18-May-04	2.00	2.00	0.00	4.25
19-May-04	2.00	2.00	0.00	4.25
20-May-04	2.00	2.00	0.00	4.25
21-May-04	2.00	2.00	0.00	4.25
24-May-04	2.00	2.00	0.00	4.25
25-May-04	2.00	2.00	0.00	4.25
26-May-04	2.00	2.00	0.00	4.25
27-May-04	2.00	2.00	0.00	4.25
28-May-04	2.00	2.00	0.00	4.25
31-May-04	2.00	2.00	0.00	4.25
1-Jun-04	2.00	2.00	0.00	4.50
2-Jun-04	2.00	2.00	0.00	4.50
3-Jun-04	2.00	2.00	0.00	4.50
4-Jun-04	2.00	2.00	0.00	4.50
7-Jun-04	2.00	2.00	0.00	4.50
8-Jun-04	2.00	2.00	0.00	4.50
9-Jun-04	2.00	2.00	0.00	4.50
10-Jun-04	2.00	2.00	0.00	4.50
11-Jun-04	2.00	2.00	0.00	4.50
14-Jun-04	2.00	2.00	0.00	4.50
15-Jun-04	2.00	2.00	0.00	4.50
16-Jun-04	2.00	2.00	0.00	4.50
17-Jun-04	2.00	2.00	0.00	4.50
18-Jun-04	2.00	2.00	0.00	4.50
21-Jun-04	2.00	2.00	0.00	4.50
22-Jun-04	2.00	2.00	0.00	4.50
23-Jun-04	2.00	2.00	0.00	4.50
24-Jun-04	2.00	2.00	0.00	4.50
25-Jun-04	2.00	2.00	0.00	4.50
28-Jun-04	2.00	2.00	0.00	4.50
29-Jun-04	2.00	2.00	0.00	4.50
30-Jun-04	2.00	2.00	0.00	4.50
1-Jul-04	2.00	2.00	0.00	4.50
2-Jul-04	2.00	2.00	0.00	4.50
5-Jul-04	2.00	2.00	0.00	4.50
6-Jul-04	2.00	2.00	0.00	4.50
7-Jul-04	2.00	2.00	0.00	4.50
8-Jul-04	2.00	2.00	0.00	4.50
9-Jul-04	2.00	2.00	0.00	4.50
12-Jul-04	2.00	2.00	0.00	4.50
13-Jul-04	2.00	2.00	0.00	4.50
14-Jul-04	2.00	2.00	0.00	4.50
15-Jul-04	2.00	2.00	0.00	4.50
16-Jul-04	2.00	2.00	0.00	4.50
19-Jul-04	2.00	2.00	0.00	4.50
20-Jul-04	2.00	2.00	0.00	4.50
21-Jul-04	2.00	2.00	0.00	4.50
22-Jul-04	2.00	2.00	0.00	4.50
23-Jul-04	2.00	2.00	0.00	4.50
26-Jul-04	2.00	2.00	0.00	4.50
27-Jul-04	2.00	2.00	0.00	4.50
28-Jul-04	2.00	2.00	0.00	4.50
29-Jul-04	2.00	2.00	0.00	4.50
30-Jul-04	2.00	2.00	0.00	4.50
2-Aug-04	2.00	2.00	0.00	4.75
3-Aug-04	2.00	2.00	0.00	4.75
4-Aug-04	2.00	2.00	0.00	4.75
5-Aug-04	2.00	2.00	0.00	4.75
6-Aug-04	2.00	2.00	0.00	4.75
9-Aug-04	2.00	2.00	0.00	4.75
10-Aug-04	2.00	2.00	0.00	4.75
11-Aug-04	2.00	2.00	0.00	4.75
12-Aug-04	2.00	2.00	0.00	4.75
13-Aug-04	2.00	2.00	0.00	4.75
16-Aug-04	2.00	2.00	0.00	4.75
17-Aug-04	2.00	2.00	0.00	4.75
18-Aug-04	2.00	2.00	0.00	4.75
19-Aug-04	2.00	2.00	0.00	4.75
20-Aug-04	2.00	2.00	0.00	4.75
23-Aug-04	2.00	2.00	0.00	4.75
24-Aug-04	2.00	2.00	0.00	4.75
25-Aug-04	2.00	2.00	0.00	4.75
26-Aug-04	2.00	2.00	0.00	4.75
27-Aug-04	2.00	2.00	0.00	4.75
30-Aug-04	2.00	2.00	0.00	4.75
31-Aug-04	2.00	2.00	0.00	4.75
1-Sep-04	2.25	2.00	0.00	4.75
2-Sep-04	2.25	2.00	0.00	4.75
3-Sep-04	2.25	2.00	0.00	4.75
6-Sep-04	2.25	2.00	0.00	4.75
7-Sep-04	2.25	2.00	0.00	4.75
8-Sep-04	2.25	2.00	0.00	4.75
9-Sep-04	2.25	2.00	0.00	4.75
10-Sep-04	2.25	2.00	0.00	4.75
13-Sep-04	2.25	2.00	0.00	4.75
14-Sep-04	2.25	2.00	0.00	4.75
15-Sep-04	2.25	2.00	0.00	4.75
16-Sep-04	2.25	2.00	0.00	4.75
17-Sep-04	2.25	2.00	0.00	4.75
20-Sep-04	2.25	2.00	0.00	4.75
21-Sep-04	2.25	2.00	0.00	4.75
22-Sep-04	2.25	2.00	0.00	4.75
23-Sep-04	2.25	2.00	0.00	4.75
24-Sep-04	2.25	2.00	0.00	4.75
27-Sep-04	2.25	2.00	0.00	4.75
28-Sep-04	2.25	2.00	0.00	4.75
29-Sep-04	2.25	2.00	0.00	4.75
30-Sep-04	2.25	2.00	0.00	4.75
1-Oct-04	2.50	2.00	0.00	4.75
4-Oct-04	2.50	2.00	0.00	4.75
5-Oct-04	2.50	2.00	0.00	4.75
6-Oct-04	2.50	2.00	0.00	4.75
7-Oct-04	2.50	2.00	0.00	4.75
8-Oct-04	2.50	2.00	0.00	4.75
11-Oct-04	2.50	2.00	0.00	4.75
12-Oct-04	2.50	2.00	0.00	4.75
13-Oct-04	2.50	2.00	0.00	4.75
14-Oct-04	2.50	2.00	0.00	4.75
15-Oct-04	2.50	2.00	0.00	4.75
18-Oct-04	2.50	2.00	0.00	4.75
19-Oct-04	2.50	2.00	0.00	4.75
20-Oct-04	2.50	2.00	0.00	4.75
21-Oct-04	2.50	2.00	0.00	4.75
22-Oct-04	2.50	2.00	0.00	4.75
25-Oct-04	2.50	2.00	0.00	4.75
26-Oct-04	2.50	2.00	0.00	4.75
27-Oct-04	2.50	2.00	0.00	4.75
28-Oct-04	2.50	2.00	0.00	4.75
29-Oct-04	2.50	2.00	0.00	4.75
1-Nov-04	2.50	2.00	0.00	4.75
2-Nov-04	2.50	2.00	0.00	4.75
3-Nov-04	2.50	2.00	0.00	4.75
4-Nov-04	2.50	2.00	0.00	4.75
5-Nov-04	2.50	2.00	0.00	4.75
8-Nov-04	2.50	2.00	0.00	4.75
9-Nov-04	2.50	2.00	0.00	4.75
10-Nov-04	2.50	2.00	0.00	4.75
11-Nov-04	2.50	2.00	0.00	4.75
12-Nov-04	2.50	2.00	0.00	4.75
15-Nov-04	2.50	2.00	0.00	4.75
16-Nov-04	2.50	2.00	0.00	4.75
17-Nov-04	2.50	2.00	0.00	4.75
18-Nov-04	2.50	2.00	0.00	4.75
19-Nov-04	2.50	2.00	0.00	4.75
22-Nov-04	2.50	2.00	0.00	4.75
23-Nov-04	2.50	2.00	0.00	4.75
24-Nov-04	2.50	2.00	0.00	4.75
25-Nov-04	2.50	2.00	0.00	4.75
26-Nov-04	2.50	2.00	0.00	4.75
29-Nov-04	2.50	2.00	0.00	4.75
30-Nov-04	2.50	2.00	0.00	4.75
1-Dec-04	2.50	2.00	0.00	4.75
2-Dec-04	2.50	2.00	0.00	4.75
3-Dec-04	2.50	2.00	0.00	4.75
6-Dec-04	2.50	2.00	0.00	4.75
7-Dec-04	2.50	2.00	0.00	4.75
8-Dec-04	2.50	2.00	0.00	4.75
9-Dec-04	2.50	2.00	0.00	4.75
10-Dec-04	2.50	2.00	0.00	4.75
13-Dec-04	2.50	2.00	0.00	4.75
14-Dec-04	2.50	2.00	0.00	4.75
15-Dec-04	2.50	2.00	0.00	4.75
16-Dec-04	2.50	2.00	0.00	4.75
17-Dec-04	2.50	2.00	0.00	4.75
20-Dec-04	2.50	2.00	0.00	4.75
21-Dec-04	2.50	2.00	0.00	4.75
22-Dec-04	2.50	2.00	0.00	4.75
23-Dec-04	2.50	2.00	0.00	4.75
24-Dec-04	2.50	2.00	0.00	4.75
27-Dec-04	2.50	2.00	0.00	4.75
28-Dec-04	2.50	2.00	0.00	4.75
29-Dec-04	2.50	2.00	0.00	4.75
30-Dec-04	2.50	2.00	0.00	4.75
31-Dec-04	2.50	2.00	0.00	4.75
3-Jan-05	2.50	2.00	0.00	4.75
4-Jan-05	2.50	2.00	0.00	4.75
5-Jan-05	2.50	2.00	0.00	4.75
6-Jan-05	2.50	2.00	0.00	4.75
7-Jan-05	2.50	2.00	0.00	4.75
10-Jan-05	2.50	2.00	0.00	4.75
11-Jan-05	2.50	2.00	0.00	4.75
12-Jan-05	2.50	2.00	0.00	4.75
13-Jan-05	2.50	2.00	0.00	4.75
14-Jan-05	2.50	2.00	0.00	4.75
17-Jan-05	2.50	2.00	0.00	4.75
18-Jan-05	2.50	2.00	0.00	4.75
19-Jan-05	2.50	2.00	0.00	4.75
20-Jan-05	2.50	2.00	0.00	4.75
21-Jan-05	2.50	2.00	0.00	4.75
24-Jan-05	2.50	2.00	0.00	4.75
25-Jan-05	2.50	2.00	0.00	4.75
26-Jan-05	2.50	2.00	0.00	4.75
27-Jan-05	2.50	2.00	0.00	4.75
28-Jan-05	2.50	2.00	0.00	4.75
31-Jan-05	2.50	2.00	0.00	4.75
1-Feb-05	2.50	2.00	0.00	4.75
2-Feb-05	2.50	2.00	0.00	4.75
3-Feb-05	2.50	2.00	0.00	4.75
4-Feb-05	2.50	2.00	0.00	4.75
7-Feb-05	2.50	2.00	0.00	4.75
8-Feb-05	2.50	2.00	0.00	4.75
9-Feb-05	2.50	2.00	0.00	4.75
10-Feb-05	2.50	2.00	0.00	4.75
11-Feb-05	2.50	2.00	0.00	4.75
14-Feb-05	2.50	2.00	0.00	4.75
15-Feb-05	2.50	2.00	0.00	4.75
16-Feb-05	2.50	2.00	0.00	4.75
17-Feb-05	2.50	2.00	0.00	4.75
18-Feb-05	2.50	2.00	0.00	4.75
21-Feb-05	2.50	2.00	0.00	4.75
22-Feb-05	2.50	2.00	0.00	4.75
23-Feb-05	2.50	2.00	0.00	4.75
24-Feb-05	2.50	2.00	0.00	4.75
25-Feb-05	2.50	2.00	0.00	4.75
28-Feb-05	2.50	2.00	0.00	4.75
1-Mar-05	2.50	2.00	0.00	4.75
2-Mar-05	2.50	2.00	0.00	4.75
3-Mar-05	2.50	2.00	0.00	4.75
4-Mar-05	2.50	2.00	0.00	4.75
7-Mar-05	2.50	2.00	0.00	4.75
8-Mar-05	2.50	2.00	0.00	4.75
9-Mar-05	2.50	2.00	0.00	4.75
10-Mar-05	2.50	2.00	0.00	4.75
11-Mar-05	2.50	2.00	0.00	4.75
14-Mar-05	2.50	2.00	0.00	4.75
15-Mar-05	2.50	2.00	0.00	4.75
16-Mar-05	2.50	2.00	0.00	4.75
17-Mar-05	2.50	2.00	0.00	4.75
18-Mar-05	2.50	2.00	0.00	4.75
21-Mar-05	2.50	2.00	0.00	4.75
22-Mar-05	2.50	2.00	0.00	4.75
23-Mar-05	2.50	2.00	0.00	4.75
24-Mar-05	2.50	2.00	0.00	4.75
25-Mar-05	2.50	2.00	0.00	4.75
28-Mar-05	2.50	2.00	0.00	4.75
29-Mar-05	2.50	2.00	0.00	4.75
30-Mar-05	2.50	2.00	0.00	4.75
31-Mar-05	2.50	2.00	0.00	4.75
1-Apr-05	2.50	2.00	0.00	4.75
4-Apr-05	2.50	2.00	0.00	4.75
5-Apr-05	2.50	2.00	0.00	4.75
6-Apr-05	2.50	2.00	0.00	4.75
7-Apr-05	2.50	2.00	0.00	4.75
8-Apr-05	2.50	2.00	0.00	4.75
11-Apr-05	2.50	2.00	0.00	4.75
12-Apr-05	2.50	2.00	0.00	4.75
13-Apr-05	2.50	2.00	0.00	4.75
14-Apr-05	2.50	2.00	0.00	4.75
15-Apr-05	2.50	2.00	0.00	4.75
18-Apr-05	2.50	2.00	0.00	4.75
19-Apr-05	2.50	2.00	0.00	4.75
20-Apr-05	2.50	2.00	0.00	4.75
21-Apr-05	2.50	2.00	0.00	4.75
22-Apr-05	2.50	2.00	0.00	4.75
25-Apr-05	2.50	2.00	0.00	4.75
26-Apr-05	2.50	2.00	0.00	4.75
27-Apr-05	2.50	2.00	0.00	4.75
28-Apr-05	2.50	2.00	0.00	4.75
29-Apr-05	2.50	2.00	0.00	4.75
2-May-05	2.50	2.00	0.00	4.75
3-May-05	2.50	2.00	0.00	4.75
4-May-05	2.50	2.00	0.00	4.75
5-May-05	2.50	2.00	0.00	4.75
6-May-05	2.50	2.00	0.00	4.75
9-May-05	2.50	2.00	0.00	4.75
10-May-05	2.50	2.00	0.00	4.75
11-May-05	2.50	2.00	0.00	4.75
12-May-05	2.50	2.00	0.00	4.75
13-May-05	2.50	2.00	0.00	4.75
16-May-05	2.50	2.00	0.00	4.75
17-May-05	2.50	2.00	0.00	4.75
18-May-05	2.50	2.00	0.00	4.75
19-May-05	2.50	2.00	0.00	4.75
20-May-05	2.50	2.00	0.00	4.75
23-May-05	2.50	2.00	0.00	4.75
24-May-05	2.50	2.00	0.00	4.75
25-May-05	2.50	2.00	0.00	4.75
26-May-05	2.50	2.00	0.00	4.75
27-May-05	2.50	2.00	0.00	4.75
30-May-05	2.50	2.00	0.00	4.75
31-May-05	2.50	2.00	0.00	4.75
1-Jun-05	2.50	2.00	0.00	4.75
2-Jun-05	2.50	2.00	0.00	4.75
3-Jun-05	2.50	2.00	0.00	4.75
6-Jun-05	2.50	2.00	0.00	4.75
7-Jun-05	2.50	2.00	0.00	4.75
8-Jun-05	2.50	2.00	0.00	4.75
9-Jun-05	2.50	2.00	0.00	4.75
10-Jun-05	2.50	2.00	0.00	4.75
13-Jun-05	2.50	2.00	0.00	4.75
14-Jun-05	2.50	2.00	0.00	4.75
15-Jun-05	2.50	2.00	0.00	4.75
16-Jun-05	2.50	2.00	0.00	4.75
17-Jun-05	2.50	2.00	0.00	4.75
20-Jun-05	2.50	2.00	0.00	4.75
21-Jun-05	2.50	2.00	0.00	4.75
22-Jun-05	2.50	2.00	0.00	4.75
23-Jun-05	2.50	2.00	0.00	4.75
24-Jun-05	2.50	2.00	0.00	4.75
27-Jun-05	2.50	2.00	0.00	4.75
28-Jun-05	2.50	2.00	0.00	4.75
29-Jun-05	2.50	2.00	0.00	4.75
30-Jun-05	2.50	2.00	0.00	4.75
1-Jul-05	2.50	2.00	0.00	4.75
4-Jul-05	2.50	2.00	0.00	4.75
5-Jul-05	2.50	2.00	0.00	4.75
6-Jul-05	2.50	2.00	0.00	4.75
7-Jul-05	2.50	2.00	0.00	4.75
8-Jul-05	2.50	2.00	0.00	4.75
11-Jul-05	2.50	2.00	0.00	4.75
12-Jul-05	2.50	2.00	0.00	4.75
13-Jul-05	2.50	2.00	0.00	4.75
14-Jul-05	2.50	2.00	0.00	4.75
15-Jul-05	2.50	2.00	0.00	4.75
18-Jul-05	2.50	2.00	0.00	4.75
19-Jul-05	2.50	2.00	0.00	4.75
20-Jul-05	2.50	2.00	0.00	4.75
21-Jul-05	2.50	2.00	0.00	4.75
22-Jul-05	2.50	2.00	0.00	4.75
25-Jul-05	2.50	2.00	0.00	4.75
26-Jul-05	2.50	2.00	0.00	4.75
27-Jul-05	2.50	2.00	0.00	4.75
28-Jul-05	2.50	2.00	0.00	4.75
29-Jul-05	2.50	2.00	0.00	4.75
1-Aug-05	2.50	2.00	0.00	4.50
2-Aug-05	2.50	2.00	0.00	4.50
3-Aug-05	2.50	2.00	0.00	4.50
4-Aug-05	2.50	2.00	0.00	4.50
5-Aug-05	2.50	2.00	0.00	4.50
8-Aug-05	2.50	2.00	0.00	4.50
9-Aug-05	2.50	2.00	0.00	4.50
10-Aug-05	2.50	2.00	0.00	4.50
11-Aug-05	2.50	2.00	0.00	4.50
12-Aug-05	2.50	2.00	0.00	4.50
15-Aug-05	2.50	2.00	0.00	4.50
16-Aug-05	2.50	2.00	0.00	4.50
17-Aug-05	2.50	2.00	0.00	4.50
18-Aug-05	2.50	2.00	0.00	4.50
19-Aug-05	2.50	2.00	0.00	4.50
22-Aug-05	2.50	2.00	0.00	4.50
23-Aug-05	2.50	2.00	0.00	4.50
24-Aug-05	2.50	2.00	0.00	4.50
25-Aug-05	2.50	2.00	0.00	4.50
26-Aug-05	2.50	2.00	0.00	4.50
29-Aug-05	2.50	2.00	0.00	4.50
30-Aug-05	2.50	2.00	0.00	4.50
31-Aug-05	2.50	2.00	0.00	4.50
1-Sep-05	2.75	2.00	0.00	4.50
2-Sep-05	2.75	2.00	0.00	4.50
5-Sep-05	2.75	2.00	0.00	4.50
6-Sep-05	2.75	2.00	0.00	4.50
7-Sep-05	2.75	2.00	0.00	4.50
8-Sep-05	2.75	2.00	0.00	4.50
9-Sep-05	2.75	2.00	0.00	4.50
12-Sep-05	2.75	2.00	0.00	4.50
13-Sep-05	2.75	2.00	0.00	4.50
14-Sep-05	2.75	2.00	0.00	4.50
15-Sep-05	2.75	2.00	0.00	4.50
16-Sep-05	2.75	2.00	0.00	4.50
19-Sep-05	2.75	2.00	0.00	4.50
20-Sep-05	2.75	2.00	0.00	4.50
21-Sep-05	2.75	2.00	0.00	4.50
22-Sep-05	2.75	2.00	0.00	4.50
23-Sep-05	2.75	2.00	0.00	4.50
26-Sep-05	2.75	2.00	0.00	4.50
27-Sep-05	2.75	2.00	0.00	4.50
28-Sep-05	2.75	2.00	0.00	4.50
29-Sep-05	2.75	2.00	0.00	4.50
30-Sep-05	2.75	2.00	0.00	4.50
3-Oct-05	3.00	2.00	0.00	4.50
4-Oct-05	3.00	2.00	0.00	4.50
5-Oct-05	3.00	2.00	0.00	4.50
6-Oct-05	3.00	2.00	0.00	4.50
7-Oct-05	3.00	2.00	0.00	4.50
10-Oct-05	3.00	2.00	0.00	4.50
11-Oct-05	3.00	2.00	0.00	4.50
12-Oct-05	3.00	2.00	0.00	4.50
13-Oct-05	3.00	2.00	0.00	4.50
14-Oct-05	3.00	2.00	0.00	4.50
17-Oct-05	3.00	2.00	0.00	4.50
18-Oct-05	3.00	2.00	0.00	4.50
19-Oct-05	3.00	2.00	0.00	4.50
20-Oct-05	3.00	2.00	0.00	4.50
21-Oct-05	3.00	2.00	0.00	4.50
24-Oct-05	3.00	2.00	0.00	4.50
25-Oct-05	3.00	2.00	0.00	4.50
26-Oct-05	3.00	2.00	0.00	4.50
27-Oct-05	3.00	2.00	0.00	4.50
28-Oct-05	3.00	2.00	0.00	4.50
31-Oct-05	3.00	2.00	0.00	4.50
1-Nov-05	3.00	2.00	0.00	4.50
2-Nov-05	3.00	2.00	0.00	4.50
3-Nov-05	3.00	2.00	0.00	4.50
4-Nov-05	3.00	2.00	0.00	4.50
7-Nov-05	3.00	2.00	0.00	4.50
8-Nov-05	3.00	2.00	0.00	4.50
9-Nov-05	3.00	2.00	0.00	4.50
10-Nov-05	3.00	2.00	0.00	4.50
11-Nov-05	3.00	2.00	0.00	4.50
14-Nov-05	3.00	2.00	0.00	4.50
15-Nov-05	3.00	2.00	0.00	4.50
16-Nov-05	3.00	2.00	0.00	4.50
17-Nov-05	3.00	2.00	0.00	4.50
18-Nov-05	3.00	2.00	0.00	4.50
21-Nov-05	3.00	2.00	0.00	4.50
22-Nov-05	3.00	2.00	0.00	4.50
23-Nov-05	3.00	2.00	0.00	4.50
24-Nov-05	3.00	2.00	0.00	4.50
25-Nov-05	3.00	2.00	0.00	4.50
28-Nov-05	3.00	2.00	0.00	4.50
29-Nov-05	3.00	2.00	0.00	4.50
30-Nov-05	3.00	2.00	0.00	4.50
1-Dec-05	3.25	2.25	0.00	4.50
2-Dec-05	3.25	2.25	0.00	4.50
5-Dec-05	3.25	2.25	0.00	4.50
6-Dec-05	3.25	2.25	0.00	4.50
7-Dec-05	3.25	2.25	0.00	4.50
8-Dec-05	3.25	2.25	0.00	4.50
9-Dec-05	3.25	2.25	0.00	4.50
12-Dec-05	3.25	2.25	0.00	4.50
13-Dec-05	3.25	2.25	0.00	4.50
14-Dec-05	3.25	2.25	0.00	4.50
15-Dec-05	3.25	2.25	0.00	4.50
16-Dec-05	3.25	2.25	0.00	4.50
19-Dec-05	3.25	2.25	0.00	4.50
20-Dec-05	3.25	2.25	0.00	4.50
21-Dec-05	3.25	2.25	0.00	4.50
22-Dec-05	3.25	2.25	0.00	4.50
23-Dec-05	3.25	2.25	0.00	4.50
26-Dec-05	3.25	2.25	0.00	4.50
27-Dec-05	3.25	2.25	0.00	4.50
28-Dec-05	3.25	2.25	0.00	4.50
29-Dec-05	3.25	2.25	0.00	4.50
30-Dec-05	3.25	2.25	0.00	4.50
2-Jan-06	3.50	2.25	0.00	4.50
3-Jan-06	3.50	2.25	0.00	4.50
4-Jan-06	3.50	2.25	0.00	4.50
5-Jan-06	3.50	2.25	0.00	4.50
6-Jan-06	3.50	2.25	0.00	4.50
9-Jan-06	3.50	2.25	0.00	4.50
10-Jan-06	3.50	2.25	0.00	4.50
11-Jan-06	3.50	2.25	0.00	4.50
12-Jan-06	3.50	2.25	0.00	4.50
13-Jan-06	3.50	2.25	0.00	4.50
16-Jan-06	3.50	2.25	0.00	4.50
17-Jan-06	3.50	2.25	0.00	4.50
18-Jan-06	3.50	2.25	0.00	4.50
19-Jan-06	3.50	2.25	0.00	4.50
20-Jan-06	3.50	2.25	0.00	4.50
23-Jan-06	3.50	2.25	0.00	4.50
24-Jan-06	3.50	2.25	0.00	4.50
25-Jan-06	3.50	2.25	0.00	4.50
26-Jan-06	3.50	2.25	0.00	4.50
27-Jan-06	3.50	2.25	0.00	4.50
30-Jan-06	3.50	2.25	0.00	4.50
31-Jan-06	3.50	2.25	0.00	4.50
1-Feb-06	3.50	2.25	0.00	4.50
2-Feb-06	3.50	2.25	0.00	4.50
3-Feb-06	3.50	2.25	0.00	4.50
6-Feb-06	3.50	2.25	0.00	4.50
7-Feb-06	3.50	2.25	0.00	4.50
8-Feb-06	3.50	2.25	0.00	4.50
9-Feb-06	3.50	2.25	0.00	4.50
10-Feb-06	3.50	2.25	0.00	4.50
13-Feb-06	3.50	2.25	0.00	4.50
14-Feb-06	3.50	2.25	0.00	4.50
15-Feb-06	3.50	2.25	0.00	4.50
16-Feb-06	3.50	2.25	0.00	4.50
17-Feb-06	3.50	2.25	0.00	4.50
20-Feb-06	3.50	2.25	0.00	4.50
21-Feb-06	3.50	2.25	0.00	4.50
22-Feb-06	3.50	2.25	0.00	4.50
23-Feb-06	3.50	2.25	0.00	4.50
24-Feb-06	3.50	2.25	0.00	4.50
27-Feb-06	3.50	2.25	0.00	4.50
28-Feb-06	3.50	2.25	0.00	4.50
1-Mar-06	3.75	2.50	0.00	4.50
2-Mar-06	3.75	2.50	0.00	4.50
3-Mar-06	3.75	2.50	0.00	4.50
6-Mar-06	3.75	2.50	0.00	4.50
7-Mar-06	3.75	2.50	0.00	4.50
8-Mar-06	3.75	2.50	0.00	4.50
9-Mar-06	3.75	2.50	0.00	4.50
10-Mar-06	3.75	2.50	0.00	4.50
13-Mar-06	3.75	2.50	0.00	4.50
14-Mar-06	3.75	2.50	0.00	4.50
15-Mar-06	3.75	2.50	0.00	4.50
16-Mar-06	3.75	2.50	0.00	4.50
17-Mar-06	3.75	2.50	0.00	4.50
20-Mar-06	3.75	2.50	0.00	4.50
21-Mar-06	3.75	2.50	0.00	4.50
22-Mar-06	3.75	2.50	0.00	4.50
23-Mar-06	3.75	2.50	0.00	4.50
24-Mar-06	3.75	2.50	0.00	4.50
27-Mar-06	3.75	2.50	0.00	4.50
28-Mar-06	3.75	2.50	0.00	4.50
29-Mar-06	3.75	2.50	0.00	4.50
30-Mar-06	3.75	2.50	0.00	4.50
31-Mar-06	3.75	2.50	0.00	4.50
3-Apr-06	4.00	2.50	0.00	4.50
4-Apr-06	4.00	2.50	0.00	4.50
5-Apr-06	4.00	2.50	0.00	4.50
6-Apr-06	4.00	2.50	0.00	4.50
7-Apr-06	4.00	2.50	0.00	4.50
10-Apr-06	4.00	2.50	0.00	4.50
11-Apr-06	4.00	2.50	0.00	4.50
12-Apr-06	4.00	2.50	0.00	4.50
13-Apr-06	4.00	2.50	0.00	4.50
14-Apr-06	4.00	2.50	0.00	4.50
17-Apr-06	4.00	2.50	0.00	4.50
18-Apr-06	4.00	2.50	0.00	4.50
19-Apr-06	4.00	2.50	0.00	4.50
20-Apr-06	4.00	2.50	0.00	4.50
21-Apr-06	4.00	2.50	0.00	4.50
24-Apr-06	4.00	2.50	0.00	4.50
25-Apr-06	4.00	2.50	0.00	4.50
26-Apr-06	4.00	2.50	0.00	4.50
27-Apr-06	4.00	2.50	0.00	4.50
28-Apr-06	4.00	2.50	0.00	4.50
1-May-06	4.25	2.50	0.00	4.50
2-May-06	4.25	2.50	0.00	4.50
3-May-06	4.25	2.50	0.00	4.50
4-May-06	4.25	2.50	0.00	4.50
5-May-06	4.25	2.50	0.00	4.50
8-May-06	4.25	2.50	0.00	4.50
9-May-06	4.25	2.50	0.00	4.50
10-May-06	4.25	2.50	0.00	4.50
11-May-06	4.25	2.50	0.00	4.50
12-May-06	4.25	2.50	0.00	4.50
15-May-06	4.25	2.50	0.00	4.50
16-May-06	4.25	2.50	0.00	4.50
17-May-06	4.25	2.50	0.00	4.50
18-May-06	4.25	2.50	0.00	4.50
19-May-06	4.25	2.50	0.00	4.50
22-May-06	4.25	2.50	0.00	4.50
23-May-06	4.25	2.50	0.00	4.50
24-May-06	4.25	2.50	0.00	4.50
25-May-06	4.25	2.50	0.00	4.50
26-May-06	4.25	2.50	0.00	4.50
29-May-06	4.25	2.50	0.00	4.50
30-May-06	4.25	2.50	0.00	4.50
31-May-06	4.25	2.50	0.00	4.50
1-Jun-06	4.25	2.75	0.00	4.50
2-Jun-06	4.25	2.75	0.00	4.50
5-Jun-06	4.25	2.75	0.00	4.50
6-Jun-06	4.25	2.75	0.00	4.50
7-Jun-06	4.25	2.75	0.00	4.50
8-Jun-06	4.25	2.75	0.00	4.50
9-Jun-06	4.25	2.75	0.00	4.50
12-Jun-06	4.25	2.75	0.00	4.50
13-Jun-06	4.25	2.75	0.00	4.50
14-Jun-06	4.25	2.75	0.00	4.50
15-Jun-06	4.25	2.75	0.00	4.50
16-Jun-06	4.25	2.75	0.00	4.50
19-Jun-06	4.25	2.75	0.00	4.50
20-Jun-06	4.25	2.75	0.00	4.50
21-Jun-06	4.25	2.75	0.00	4.50
22-Jun-06	4.25	2.75	0.00	4.50
23-Jun-06	4.25	2.75	0.00	4.50
26-Jun-06	4.25	2.75	0.00	4.50
27-Jun-06	4.25	2.75	0.00	4.50
28-Jun-06	4.25	2.75	0.00	4.50
29-Jun-06	4.25	2.75	0.00	4.50
30-Jun-06	4.25	2.75	0.00	4.50
3-Jul-06	4.25	2.75	0.25	4.50
4-Jul-06	4.25	2.75	0.25	4.50
5-Jul-06	4.25	2.75	0.25	4.50
6-Jul-06	4.25	2.75	0.25	4.50
7-Jul-06	4.25	2.75	0.25	4.50
10-Jul-06	4.25	2.75	0.25	4.50
11-Jul-06	4.25	2.75	0.25	4.50
12-Jul-06	4.25	2.75	0.25	4.50
13-Jul-06	4.25	2.75	0.25	4.50
14-Jul-06	4.25	2.75	0.25	4.50
17-Jul-06	4.25	2.75	0.25	4.50
18-Jul-06	4.25	2.75	0.25	4.50
19-Jul-06	4.25	2.75	0.25	4.50
20-Jul-06	4.25	2.75	0.25	4.50
21-Jul-06	4.25	2.75	0.25	4.50
24-Jul-06	4.25	2.75	0.25	4.50
25-Jul-06	4.25	2.75	0.25	4.50
26-Jul-06	4.25	2.75	0.25	4.50
27-Jul-06	4.25	2.75	0.25	4.50
28-Jul-06	4.25	2.75	0.25	4.50
31-Jul-06	4.25	2.75	0.25	4.50
1-Aug-06	4.25	3.00	0.25	4.75
2-Aug-06	4.25	3.00	0.25	4.75
3-Aug-06	4.25	3.00	0.25	4.75
4-Aug-06	4.25	3.00	0.25	4.75
7-Aug-06	4.25	3.00	0.25	4.75
8-Aug-06	4.25	3.00	0.25	4.75
9-Aug-06	4.25	3.00	0.25	4.75
10-Aug-06	4.25	3.00	0.25	4.75
11-Aug-06	4.25	3.00	0.25	4.75
14-Aug-06	4.25	3.00	0.25	4.75
15-Aug-06	4.25	3.00	0.25	4.75
16-Aug-06	4.25	3.00	0.25	4.75
17-Aug-06	4.25	3.00	0.25	4.75
18-Aug-06	4.25	3.00	0.25	4.75
21-Aug-06	4.25	3.00	0.25	4.75
22-Aug-06	4.25	3.00	0.25	4.75
23-Aug-06	4.25	3.00	0.25	4.75
24-Aug-06	4.25	3.00	0.25	4.75
25-Aug-06	4.25	3.00	0.25	4.75
28-Aug-06	4.25	3.00	0.25	4.75
29-Aug-06	4.25	3.00	0.25	4.75
30-Aug-06	4.25	3.00	0.25	4.75
31-Aug-06	4.25	3.00	0.25	4.75
1-Sep-06	4.25	3.00	0.25	4.75
4-Sep-06	4.25	3.00	0.25	4.75
5-Sep-06	4.25	3.00	0.25	4.75
6-Sep-06	4.25	3.00	0.25	4.75
7-Sep-06	4.25	3.00	0.25	4.75
8-Sep-06	4.25	3.00	0.25	4.75
11-Sep-06	4.25	3.00	0.25	4.75
12-Sep-06	4.25	3.00	0.25	4.75
13-Sep-06	4.25	3.00	0.25	4.75
14-Sep-06	4.25	3.00	0.25	4.75
15-Sep-06	4.25	3.00	0.25	4.75
18-Sep-06	4.25	3.00	0.25	4.75
19-Sep-06	4.25	3.00	0.25	4.75
20-Sep-06	4.25	3.00	0.25	4.75
21-Sep-06	4.25	3.00	0.25	4.75
22-Sep-06	4.25	3.00	0.25	4.75
25-Sep-06	4.25	3.00	0.25	4.75
26-Sep-06	4.25	3.00	0.25	4.75
27-Sep-06	4.25	3.00	0.25	4.75
28-Sep-06	4.25	3.00	0.25	4.75
29-Sep-06	4.25	3.00	0.25	4.75
2-Oct-06	4.25	3.25	0.25	4.75
3-Oct-06	4.25	3.25	0.25	4.75
4-Oct-06	4.25	3.25	0.25	4.75
5-Oct-06	4.25	3.25	0.25	4.75
6-Oct-06	4.25	3.25	0.25	4.75
9-Oct-06	4.25	3.25	0.25	4.75
10-Oct-06	4.25	3.25	0.25	4.75
11-Oct-06	4.25	3.25	0.25	4.75
12-Oct-06	4.25	3.25	0.25	4.75
13-Oct-06	4.25	3.25	0.25	4.75
16-Oct-06	4.25	3.25	0.25	4.75
17-Oct-06	4.25	3.25	0.25	4.75
18-Oct-06	4.25	3.25	0.25	4.75
19-Oct-06	4.25	3.25	0.25	4.75
20-Oct-06	4.25	3.25	0.25	4.75
23-Oct-06	4.25	3.25	0.25	4.75
24-Oct-06	4.25	3.25	0.25	4.75
25-Oct-06	4.25	3.25	0.25	4.75
26-Oct-06	4.25	3.25	0.25	4.75
27-Oct-06	4.25	3.25	0.25	4.75
30-Oct-06	4.25	3.25	0.25	4.75
31-Oct-06	4.25	3.25	0.25	4.75
1-Nov-06	4.25	3.25	0.25	5.00
2-Nov-06	4.25	3.25	0.25	5.00
3-Nov-06	4.25	3.25	0.25	5.00
6-Nov-06	4.25	3.25	0.25	5.00
7-Nov-06	4.25	3.25	0.25	5.00
8-Nov-06	4.25	3.25	0.25	5.00
9-Nov-06	4.25	3.25	0.25	5.00
10-Nov-06	4.25	3.25	0.25	5.00
13-Nov-06	4.25	3.25	0.25	5.00
14-Nov-06	4.25	3.25	0.25	5.00
15-Nov-06	4.25	3.25	0.25	5.00
16-Nov-06	4.25	3.25	0.25	5.00
17-Nov-06	4.25	3.25	0.25	5.00
20-Nov-06	4.25	3.25	0.25	5.00
21-Nov-06	4.25	3.25	0.25	5.00
22-Nov-06	4.25	3.25	0.25	5.00
23-Nov-06	4.25	3.25	0.25	5.00
24-Nov-06	4.25	3.25	0.25	5.00
27-Nov-06	4.25	3.25	0.25	5.00
28-Nov-06	4.25	3.25	0.25	5.00
29-Nov-06	4.25	3.25	0.25	5.00
30-Nov-06	4.25	3.25	0.25	5.00
1-Dec-06	4.25	3.50	0.25	5.00
4-Dec-06	4.25	3.50	0.25	5.00
5-Dec-06	4.25	3.50	0.25	5.00
6-Dec-06	4.25	3.50	0.25	5.00
7-Dec-06	4.25	3.50	0.25	5.00
8-Dec-06	4.25	3.50	0.25	5.00
11-Dec-06	4.25	3.50	0.25	5.00
12-Dec-06	4.25	3.50	0.25	5.00
13-Dec-06	4.25	3.50	0.25	5.00
14-Dec-06	4.25	3.50	0.25	5.00
15-Dec-06	4.25	3.50	0.25	5.00
18-Dec-06	4.25	3.50	0.25	5.00
19-Dec-06	4.25	3.50	0.25	5.00
20-Dec-06	4.25	3.50	0.25	5.00
21-Dec-06	4.25	3.50	0.25	5.00
22-Dec-06	4.25	3.50	0.25	5.00
25-Dec-06	4.25	3.50	0.25	5.00
26-Dec-06	4.25	3.50	0.25	5.00
27-Dec-06	4.25	3.50	0.25	5.00
28-Dec-06	4.25	3.50	0.25	5.00
29-Dec-06	4.25	3.50	0.25	5.00
1-Jan-07	4.25	3.50	0.25	5.25
2-Jan-07	4.25	3.50	0.25	5.25
3-Jan-07	4.25	3.50	0.25	5.25
4-Jan-07	4.25	3.50	0.25	5.25
5-Jan-07	4.25	3.50	0.25	5.25
8-Jan-07	4.25	3.50	0.25	5.25
9-Jan-07	4.25	3.50	0.25	5.25
10-Jan-07	4.25	3.50	0.25	5.25
11-Jan-07	4.25	3.50	0.25	5.25
12-Jan-07	4.25	3.50	0.25	5.25
15-Jan-07	4.25	3.50	0.25	5.25
16-Jan-07	4.25	3.50	0.25	5.25
17-Jan-07	4.25	3.50	0.25	5.25
18-Jan-07	4.25	3.50	0.25	5.25
19-Jan-07	4.25	3.50	0.25	5.25
22-Jan-07	4.25	3.50	0.25	5.25
23-Jan-07	4.25	3.50	0.25	5.25
24-Jan-07	4.25	3.50	0.25	5.25
25-Jan-07	4.25	3.50	0.25	5.25
26-Jan-07	4.25	3.50	0.25	5.25
29-Jan-07	4.25	3.50	0.25	5.25
30-Jan-07	4.25	3.50	0.25	5.25
31-Jan-07	4.25	3.50	0.25	5.25
1-Feb-07	4.25	3.50	0.50	5.25
2-Feb-07	4.25	3.50	0.50	5.25
5-Feb-07	4.25	3.50	0.50	5.25
6-Feb-07	4.25	3.50	0.50	5.25
7-Feb-07	4.25	3.50	0.50	5.25
8-Feb-07	4.25	3.50	0.50	5.25
9-Feb-07	4.25	3.50	0.50	5.25
12-Feb-07	4.25	3.50	0.50	5.25
13-Feb-07	4.25	3.50	0.50	5.25
14-Feb-07	4.25	3.50	0.50	5.25
15-Feb-07	4.25	3.50	0.50	5.25
16-Feb-07	4.25	3.50	0.50	5.25
19-Feb-07	4.25	3.50	0.50	5.25
20-Feb-07	4.25	3.50	0.50	5.25
21-Feb-07	4.25	3.50	0.50	5.25
22-Feb-07	4.25	3.50	0.50	5.25
23-Feb-07	4.25	3.50	0.50	5.25
26-Feb-07	4.25	3.50	0.50	5.25
27-Feb-07	4.25	3.50	0.50	5.25
28-Feb-07	4.25	3.50	0.50	5.25
1-Mar-07	4.25	3.75	0.50	5.25
2-Mar-07	4.25	3.75	0.50	5.25
5-Mar-07	4.25	3.75	0.50	5.25
6-Mar-07	4.25	3.75	0.50	5.25
7-Mar-07	4.25	3.75	0.50	5.25
8-Mar-07	4.25	3.75	0.50	5.25
9-Mar-07	4.25	3.75	0.50	5.25
12-Mar-07	4.25	3.75	0.50	5.25
13-Mar-07	4.25	3.75	0.50	5.25
14-Mar-07	4.25	3.75	0.50	5.25
15-Mar-07	4.25	3.75	0.50	5.25
16-Mar-07	4.25	3.75	0.50	5.25
19-Mar-07	4.25	3.75	0.50	5.25
20-Mar-07	4.25	3.75	0.50	5.25
21-Mar-07	4.25	3.75	0.50	5.25
22-Mar-07	4.25	3.75	0.50	5.25
23-Mar-07	4.25	3.75	0.50	5.25
26-Mar-07	4.25	3.75	0.50	5.25
27-Mar-07	4.25	3.75	0.50	5.25
28-Mar-07	4.25	3.75	0.50	5.25
29-Mar-07	4.25	3.75	0.50	5.25
30-Mar-07	4.25	3.75	0.50	5.25
2-Apr-07	4.25	3.75	0.50	5.25
3-Apr-07	4.25	3.75	0.50	5.25
4-Apr-07	4.25	3.75	0.50	5.25
5-Apr-07	4.25	3.75	0.50	5.25
6-Apr-07	4.25	3.75	0.50	5.25
9-Apr-07	4.25	3.75	0.50	5.25
10-Apr-07	4.25	3.75	0.50	5.25
11-Apr-07	4.25	3.75	0.50	5.25
12-Apr-07	4.25	3.75	0.50	5.25
13-Apr-07	4.25	3.75	0.50	5.25
16-Apr-07	4.25	3.75	0.50	5.25
17-Apr-07	4.25	3.75	0.50	5.25
18-Apr-07	4.25	3.75	0.50	5.25
19-Apr-07	4.25	3.75	0.50	5.25
20-Apr-07	4.25	3.75	0.50	5.25
23-Apr-07	4.25	3.75	0.50	5.25
24-Apr-07	4.25	3.75	0.50	5.25
25-Apr-07	4.25	3.75	0.50	5.25
26-Apr-07	4.25	3.75	0.50	5.25
27-Apr-07	4.25	3.75	0.50	5.25
30-Apr-07	4.25	3.75	0.50	5.25
1-May-07	4.25	3.75	0.50	5.50
2-May-07	4.25	3.75	0.50	5.50
3-May-07	4.25	3.75	0.50	5.50
4-May-07	4.25	3.75	0.50	5.50
7-May-07	4.25	3.75	0.50	5.50
8-May-07	4.25	3.75	0.50	5.50
9-May-07	4.25	3.75	0.50	5.50
10-May-07	4.25	3.75	0.50	5.50
11-May-07	4.25	3.75	0.50	5.50
14-May-07	4.25	3.75	0.50	5.50
15-May-07	4.25	3.75	0.50	5.50
16-May-07	4.25	3.75	0.50	5.50
17-May-07	4.25	3.75	0.50	5.50
18-May-07	4.25	3.75	0.50	5.50
21-May-07	4.25	3.75	0.50	5.50
22-May-07	4.25	3.75	0.50	5.50
23-May-07	4.25	3.75	0.50	5.50
24-May-07	4.25	3.75	0.50	5.50
25-May-07	4.25	3.75	0.50	5.50
28-May-07	4.25	3.75	0.50	5.50
29-May-07	4.25	3.75	0.50	5.50
30-May-07	4.25	3.75	0.50	5.50
31-May-07	4.25	3.75	0.50	5.50
1-Jun-07	4.25	4.00	0.50	5.50
4-Jun-07	4.25	4.00	0.50	5.50
5-Jun-07	4.25	4.00	0.50	5.50
6-Jun-07	4.25	4.00	0.50	5.50
7-Jun-07	4.25	4.00	0.50	5.50
8-Jun-07	4.25	4.00	0.50	5.50
11-Jun-07	4.25	4.00	0.50	5.50
12-Jun-07	4.25	4.00	0.50	5.50
13-Jun-07	4.25	4.00	0.50	5.50
14-Jun-07	4.25	4.00	0.50	5.50
15-Jun-07	4.25	4.00	0.50	5.50
18-Jun-07	4.25	4.00	0.50	5.50
19-Jun-07	4.25	4.00	0.50	5.50
20-Jun-07	4.25	4.00	0.50	5.50
21-Jun-07	4.25	4.00	0.50	5.50
22-Jun-07	4.25	4.00	0.50	5.50
25-Jun-07	4.25	4.00	0.50	5.50
26-Jun-07	4.25	4.00	0.50	5.50
27-Jun-07	4.25	4.00	0.50	5.50
28-Jun-07	4.25	4.00	0.50	5.50
29-Jun-07	4.25	4.00	0.50	5.50
2-Jul-07	4.50	4.00	0.50	5.75
3-Jul-07	4.50	4.00	0.50	5.75
4-Jul-07	4.50	4.00	0.50	5.75
5-Jul-07	4.50	4.00	0.50	5.75
6-Jul-07	4.50	4.00	0.50	5.75
9-Jul-07	4.50	4.00	0.50	5.75
10-Jul-07	4.50	4.00	0.50	5.75
11-Jul-07	4.50	4.00	0.50	5.75
12-Jul-07	4.50	4.00	0.50	5.75
13-Jul-07	4.50	4.00	0.50	5.75

Note: The data are daily. The last observation for each series is through July 13, 2007. The data shown are the overnight rate for Canada, the refinancing rate for the euro area, the call money rate for Japan, and the repurchase rate for the United Kingdom. Source: The central bank of each area or country shown.

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Equity Indexes in Selected Foreign Industrial Economies, 2006-07

Week ending January 6, 2006 = 100

Period	Canada	Euro area	Japan	United Kingdom
6-Jan-06	100.0	100.0	100.0	100.0
13-Jan-06	100.7	100.8	99.6	100.2
20-Jan-06	101.2	99.7	96.6	99.8
27-Jan-06	101.9	100.1	97.0	100.1
3-Feb-06	103.7	102.6	101.5	101.5
10-Feb-06	102.4	103.0	100.4	101.5
17-Feb-06	101.0	104.3	96.5	102.3
24-Feb-06	102.5	105.9	96.2	103.2
3-Mar-06	102.6	105.8	97.5	102.9
10-Mar-06	102.5	105.2	96.8	103.2
17-Mar-06	104.2	107.4	98.9	105.3
24-Mar-06	104.1	108.4	100.3	106.0
31-Mar-06	105.3	108.1	101.8	105.4
7-Apr-06	106.4	108.8	104.8	106.5
14-Apr-06	106.1	107.3	104.4	106.2
21-Apr-06	107.6	108.3	103.7	107.3
28-Apr-06	106.6	109.2	102.3	107.2
5-May-06	106.1	108.9	102.7	106.9
12-May-06	106.2	109.2	102.6	106.9
19-May-06	101.4	103.3	98.2	101.2
26-May-06	100.7	101.3	95.2	99.6
2-Jun-06	102.5	102.3	95.2	100.9
9-Jun-06	100.1	99.4	91.3	99.7
16-Jun-06	96.3	97.0	88.7	98.0
23-Jun-06	96.4	99.1	90.9	99.8
30-Jun-06	99.2	100.1	92.3	100.9
7-Jul-06	101.1	102.6	94.4	103.4
14-Jul-06	101.5	101.2	93.0	102.2
21-Jul-06	99.8	99.5	89.2	100.7
28-Jul-06	102.2	102.5	91.3	103.4
4-Aug-06	103.5	103.4	93.4	103.5
11-Aug-06	104.0	103.2	93.3	102.5
18-Aug-06	104.1	105.5	96.5	103.6
25-Aug-06	105.6	105.9	97.0	103.6
1-Sep-06	105.1	107.1	96.3	104.3
8-Sep-06	104.1	106.6	97.3	104.6
15-Sep-06	101.4	106.9	94.7	103.8
22-Sep-06	101.3	107.8	93.8	103.7
29-Sep-06	101.7	109.3	94.2	104.6
6-Oct-06	101.4	110.4	96.5	105.8
13-Oct-06	102.0	112.2	96.6	108.0
20-Oct-06	104.4	112.7	97.6	108.9
27-Oct-06	106.4	113.8	98.6	109.5
3-Nov-06	106.0	113.3	96.4	108.9
10-Nov-06	107.3	115.2	95.2	110.5
17-Nov-06	107.2	116.1	94.1	110.5
24-Nov-06	109.1	116.1	91.6	109.7
1-Dec-06	109.8	113.4	93.9	107.8
8-Dec-06	111.9	114.4	95.9	109.0
15-Dec-06	112.1	117.0	97.7	110.7
22-Dec-06	110.8	117.6	99.0	110.9
29-Dec-06	111.9	118.3	99.6	111.5
5-Jan-07	110.0	119.4	100.4	112.4
12-Jan-07	108.8	118.9	99.6	111.0
19-Jan-07	110.4	120.0	101.7	111.3
26-Jan-07	112.1	120.2	103.0	111.7
2-Feb-07	113.3	121.3	103.1	111.8
9-Feb-07	114.2	122.6	102.8	113.7
16-Feb-07	114.6	123.1	105.2	114.6
23-Feb-07	115.7	123.6	106.7	114.6
2-Mar-07	113.4	119.5	105.2	111.4
9-Mar-07	112.3	117.6	101.1	110.4
16-Mar-07	111.8	116.7	101.3	110.0
23-Mar-07	113.8	120.3	102.3	112.6
30-Mar-07	114.9	121.6	102.3	113.2
6-Apr-07	116.1	124.0	101.8	114.5
13-Apr-07	117.0	125.5	102.8	115.6
20-Apr-07	118.5	127.2	102.2	116.3
27-Apr-07	118.3	127.5	101.2	115.9
4-May-07	117.8	128.3	101.1	116.8
11-May-07	120.7	128.3	103.2	117.6
18-May-07	121.7	128.7	101.8	118.2
25-May-07	122.0	130.0	102.7	118.5
1-Jun-07	122.1	131.0	103.7	118.9
8-Jun-07	121.1	129.1	105.5	117.5
15-Jun-07	120.8	129.0	104.6	118.0
22-Jun-07	122.2	130.7	106.1	118.4
29-Jun-07	119.6	128.9	104.7	117.1
6-Jul-07	122.3	130.6	106.0	118.6
13-Jul-07	123.9	130.7	105.8	119.1

Note: The data are weekly. The last observation for each series is the week ending July 13, 2007. Source: Bloomberg.

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Equity Indexes in Selected Emerging-Market Economies, 2006-07

Week ending January 6, 2006 = 100

Period	Asian emerging- market economies	Latin American emerging- market economies	China
6-Jan-06	100.0	100.0	100.0
13-Jan-06	102.7	104.1	101.9
20-Jan-06	101.2	104.2	102.9
27-Jan-06	101.9	108.5	105.0
3-Feb-06	103.9	110.7	n.a.
10-Feb-06	103.3	108.0	107.2
17-Feb-06	102.5	108.7	107.1
24-Feb-06	103.7	112.4	107.5
3-Mar-06	104.5	113.9	108.4
10-Mar-06	102.1	107.8	105.2
17-Mar-06	103.2	111.2	106.0
24-Mar-06	103.3	110.6	108.2
31-Mar-06	104.8	108.6	108.6
7-Apr-06	109.4	113.4	111.6
14-Apr-06	109.5	110.9	113.3
21-Apr-06	113.1	115.3	116.5
28-Apr-06	113.8	117.0	118.5
5-May-06	115.7	121.0	n.a.
12-May-06	118.5	123.2	129.0
19-May-06	111.4	111.2	136.8
26-May-06	105.2	103.0	134.8
2-Jun-06	104.7	104.1	138.8
9-Jun-06	100.6	99.0	135.4
16-Jun-06	96.3	91.8	129.5
23-Jun-06	97.7	96.1	133.4
30-Jun-06	99.9	100.2	138.1
7-Jul-06	103.4	107.4	143.3
14-Jul-06	102.8	104.0	142.8
21-Jul-06	99.0	102.8	139.4
28-Jul-06	101.5	106.8	140.1
4-Aug-06	102.5	108.6	133.5
11-Aug-06	103.9	108.9	132.4
18-Aug-06	105.6	110.5	133.5
25-Aug-06	105.2	108.8	135.0
1-Sep-06	105.6	109.8	138.0
8-Sep-06	107.7	110.1	139.2
15-Sep-06	106.4	107.7	141.7
22-Sep-06	109.5	107.9	144.9
29-Sep-06	109.7	108.2	144.7
6-Oct-06	109.9	111.3	n.a.
13-Oct-06	109.6	114.7	149.2
20-Oct-06	111.6	117.5	148.9
27-Oct-06	112.2	119.2	150.3
3-Nov-06	113.8	118.5	154.2
10-Nov-06	116.0	122.1	157.6
17-Nov-06	118.1	122.4	160.4
24-Nov-06	119.8	123.5	170.7
1-Dec-06	121.2	123.2	173.0
8-Dec-06	123.0	128.2	179.6
15-Dec-06	121.2	129.8	186.4
22-Dec-06	122.9	129.9	196.6
29-Dec-06	124.1	129.9	212.3
5-Jan-07	126.8	132.5	224.0
12-Jan-07	122.2	128.6	230.4
19-Jan-07	125.0	130.2	233.9
26-Jan-07	125.6	134.1	244.1
2-Feb-07	124.5	135.1	236.2
9-Feb-07	127.7	138.3	225.3
16-Feb-07	127.2	139.5	243.1
23-Feb-07	128.8	141.0	250.7
2-Mar-07	124.6	132.1	239.5
9-Mar-07	119.6	129.8	240.6
16-Mar-07	122.1	131.6	246.0
23-Mar-07	124.7	137.6	255.0
30-Mar-07	125.6	138.7	264.5
6-Apr-07	127.5	143.6	275.6
13-Apr-07	130.7	146.5	290.8
20-Apr-07	132.0	149.6	298.6
27-Apr-07	133.0	149.8	313.0
4-May-07	133.4	150.9	321.2
11-May-07	136.1	153.7	335.2
18-May-07	137.5	157.0	334.7
25-May-07	139.4	160.0	346.0
1-Jun-07	139.7	162.5	347.4
8-Jun-07	142.7	163.1	318.1
15-Jun-07	142.6	164.9	342.7
22-Jun-07	148.9	169.1	351.6
29-Jun-07	148.1	165.4	329.9
6-Jul-07	153.2	172.5	316.9
13-Jul-07	157.9	173.7	325.0

Note: The data are weekly. The last observation for each series is the week ending July 13, 2007. For the Latin American and Asian groups, each economy's index weight is its market capitalization as a share of the group's total. The Latin American economies are Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela. The Asian economies are China, India, Indonesia, Malaysia, Pakistan, the Philippines, South Korea, Taiwan, and Thailand. The series for China is the Shanghai Composite Index. Source: For Latin America and Asia, Morgan Stanley Capital International (MSCI) index; for China, Bloomberg. n.a. Not available.

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Yields on Benchmark Government Bonds in Selected Foreign Industrial Economies, 2004-07

Percent

Period	Canada	Germany	Japan	United Kingdom
2-Jan-04	4.7	4.3	1.4	4.8
9-Jan-04	4.7	4.3	1.4	4.8
16-Jan-04	4.6	4.2	1.3	4.7
23-Jan-04	4.5	4.2	1.3	4.8
30-Jan-04	4.6	4.2	1.3	4.9
6-Feb-04	4.5	4.2	1.3	4.9
13-Feb-04	4.4	4.1	1.3	4.8
20-Feb-04	4.5	4.1	1.2	4.8
27-Feb-04	4.4	4.1	1.2	4.8
5-Mar-04	4.4	4.1	1.4	4.8
12-Mar-04	4.2	3.9	1.3	4.7
19-Mar-04	4.2	3.9	1.3	4.7
26-Mar-04	4.2	3.9	1.3	4.7
2-Apr-04	4.4	4.0	1.4	4.8
9-Apr-04	4.5	4.1	1.5	4.9
16-Apr-04	4.6	4.1	1.5	4.9
23-Apr-04	4.7	4.2	1.5	5.0
30-Apr-04	4.7	4.2	1.5	5.0
7-May-04	4.7	4.2	1.5	5.0
14-May-04	4.8	4.3	1.5	5.1
21-May-04	4.8	4.3	1.5	5.1
28-May-04	4.8	4.3	1.5	5.1
4-Jun-04	4.9	4.4	1.6	5.2
11-Jun-04	5.0	4.4	1.7	5.2
18-Jun-04	5.0	4.4	1.9	5.2
25-Jun-04	4.9	4.3	1.9	5.2
2-Jul-04	4.9	4.3	1.8	5.1
9-Jul-04	4.7	4.2	1.8	5.0
16-Jul-04	4.8	4.2	1.8	5.1
23-Jul-04	4.7	4.2	1.8	5.1
30-Jul-04	4.8	4.3	1.8	5.2
6-Aug-04	4.7	4.2	1.8	5.0
13-Aug-04	4.6	4.1	1.6	5.0
20-Aug-04	4.6	4.1	1.6	5.0
27-Aug-04	4.7	4.1	1.6	5.0
3-Sep-04	4.6	4.1	1.5	5.0
10-Sep-04	4.7	4.1	1.6	5.0
17-Sep-04	4.6	4.1	1.5	4.9
24-Sep-04	4.6	4.0	1.4	4.9
1-Oct-04	4.6	4.0	1.4	4.8
8-Oct-04	4.7	4.0	1.6	4.9
15-Oct-04	4.6	3.9	1.5	4.8
22-Oct-04	4.5	3.9	1.5	4.7
29-Oct-04	4.5	3.9	1.4	4.7
5-Nov-04	4.5	3.9	1.5	4.8
12-Nov-04	4.5	3.9	1.5	4.7
19-Nov-04	4.5	3.8	1.5	4.7
26-Nov-04	4.4	3.8	1.4	4.6
3-Dec-04	4.4	3.8	1.4	4.6
10-Dec-04	4.3	3.7	1.4	4.6
17-Dec-04	4.3	3.6	1.4	4.5
24-Dec-04	4.3	3.6	1.4	4.5
31-Dec-04	4.4	3.7	1.4	4.5
7-Jan-05	4.3	3.6	1.4	4.5
14-Jan-05	4.3	3.6	1.4	4.5
21-Jan-05	4.2	3.6	1.4	4.6
28-Jan-05	4.2	3.6	1.3	4.6
4-Feb-05	4.2	3.5	1.3	4.6
11-Feb-05	4.1	3.5	1.4	4.5
18-Feb-05	4.2	3.6	1.4	4.6
25-Feb-05	4.3	3.7	1.4	4.7
4-Mar-05	4.3	3.7	1.5	4.8
11-Mar-05	4.3	3.7	1.5	4.8
18-Mar-05	4.4	3.7	1.5	4.8
25-Mar-05	4.4	3.7	1.4	4.8
1-Apr-05	4.4	3.7	1.4	4.8
8-Apr-05	4.3	3.6	1.4	4.7
15-Apr-05	4.2	3.5	1.3	4.7
22-Apr-05	4.2	3.5	1.3	4.6
29-Apr-05	4.2	3.4	1.3	4.6
6-May-05	4.2	3.4	1.2	4.5
13-May-05	4.1	3.4	1.3	4.5
20-May-05	4.1	3.3	1.3	4.4
27-May-05	4.0	3.3	1.3	4.4
3-Jun-05	3.9	3.3	1.2	4.3
10-Jun-05	3.8	3.2	1.2	4.3
17-Jun-05	3.9	3.3	1.3	4.4
24-Jun-05	3.8	3.2	1.3	4.3
1-Jul-05	3.8	3.1	1.2	4.2
8-Jul-05	3.9	3.2	1.2	4.2
15-Jul-05	3.9	3.3	1.3	4.3
22-Jul-05	3.9	3.3	1.3	4.3
29-Jul-05	3.9	3.2	1.3	4.3
5-Aug-05	3.9	3.3	1.4	4.4
12-Aug-05	4.0	3.3	1.4	4.4
19-Aug-05	3.9	3.2	1.4	4.3
26-Aug-05	3.9	3.2	1.4	4.2
2-Sep-05	3.8	3.1	1.3	4.2
9-Sep-05	3.8	3.1	1.3	4.2
16-Sep-05	3.9	3.1	1.4	4.2
23-Sep-05	3.9	3.1	1.4	4.2
30-Sep-05	4.0	3.1	1.4	4.3
7-Oct-05	4.0	3.2	1.5	4.3
14-Oct-05	4.0	3.2	1.6	4.3
21-Oct-05	4.1	3.3	1.5	4.4
28-Oct-05	4.1	3.4	1.5	4.4
4-Nov-05	4.2	3.5	1.6	4.4
11-Nov-05	4.2	3.5	1.6	4.4
18-Nov-05	4.1	3.5	1.5	4.3
25-Nov-05	4.0	3.5	1.5	4.2
2-Dec-05	4.1	3.4	1.5	4.2
9-Dec-05	4.1	3.4	1.6	4.3
16-Dec-05	4.1	3.4	1.6	4.3
23-Dec-05	4.0	3.4	1.5	4.2
30-Dec-05	4.0	3.3	1.5	4.1
6-Jan-06	4.0	3.3	1.4	4.1
13-Jan-06	4.0	3.3	1.5	4.1
20-Jan-06	4.0	3.3	1.5	4.0
27-Jan-06	4.1	3.4	1.5	4.1
3-Feb-06	4.2	3.5	1.6	4.2
10-Feb-06	4.2	3.5	1.6	4.2
17-Feb-06	4.2	3.5	1.6	4.2
24-Feb-06	4.1	3.5	1.5	4.1
3-Mar-06	4.2	3.5	1.6	4.2
10-Mar-06	4.2	3.6	1.6	4.3
17-Mar-06	4.2	3.7	1.7	4.3
24-Mar-06	4.2	3.7	1.7	4.3
31-Mar-06	4.2	3.7	1.8	4.4
7-Apr-06	4.3	3.9	1.9	4.4
14-Apr-06	4.4	3.9	1.9	4.5
21-Apr-06	4.4	4.0	1.9	4.5
28-Apr-06	4.5	4.0	1.9	4.6
5-May-06	4.5	4.0	1.9	4.7
12-May-06	4.5	4.0	2.0	4.7
19-May-06	4.4	4.0	2.0	4.6
26-May-06	4.3	3.9	1.8	4.6
2-Jun-06	4.4	4.0	1.9	4.6
9-Jun-06	4.3	4.0	1.9	4.6
16-Jun-06	4.4	3.9	1.8	4.6
23-Jun-06	4.5	4.0	1.9	4.7
30-Jun-06	4.6	4.1	1.9	4.7
7-Jul-06	4.6	4.1	2.0	4.7
14-Jul-06	4.5	4.1	1.9	4.6
21-Jul-06	4.4	4.0	1.8	4.6
28-Jul-06	4.4	4.0	1.9	4.6
4-Aug-06	4.3	3.9	1.9	4.7
11-Aug-06	4.3	3.9	1.9	4.7
18-Aug-06	4.3	4.0	1.9	4.7
25-Aug-06	4.2	3.8	1.8	4.6
1-Sep-06	4.1	3.8	1.7	4.5
8-Sep-06	4.1	3.8	1.7	4.6
15-Sep-06	4.1	3.8	1.7	4.6
22-Sep-06	4.1	3.8	1.7	4.6
29-Sep-06	4.0	3.7	1.6	4.5
6-Oct-06	4.0	3.7	1.7	4.5
13-Oct-06	4.1	3.8	1.7	4.6
20-Oct-06	4.2	3.8	1.8	4.7
27-Oct-06	4.2	3.9	1.8	4.7
3-Nov-06	4.1	3.8	1.7	4.5
10-Nov-06	4.1	3.8	1.7	4.6
17-Nov-06	4.0	3.7	1.7	4.6
24-Nov-06	4.0	3.7	1.7	4.6
1-Dec-06	3.9	3.7	1.7	4.5
8-Dec-06	3.9	3.7	1.7	4.5
15-Dec-06	4.0	3.8	1.6	4.6
22-Dec-06	4.0	3.9	1.6	4.7
29-Dec-06	4.0	3.9	1.6	4.8
5-Jan-07	4.1	4.0	1.7	4.8
12-Jan-07	4.1	4.0	1.7	4.8
19-Jan-07	4.1	4.1	1.7	4.9
26-Jan-07	4.2	4.1	1.7	4.9
2-Feb-07	4.2	4.1	1.7	5.0
9-Feb-07	4.1	4.1	1.7	5.0
16-Feb-07	4.16	4.09	1.72	4.93
23-Feb-07	4.1	4.06	1.69	4.9
2-Mar-07	4.02	3.96	1.65	4.8
9-Mar-07	3.99	3.93	1.62	4.78
16-Mar-07	4.02	3.91	1.6	4.78
23-Mar-07	4.09	3.94	1.58	4.85
30-Mar-07	4.11	4.03	1.65	4.94
6-Apr-07	4.14	4.09	1.67	5
13-Apr-07	4.19	4.16	1.67	5.04
20-Apr-07	4.2	4.19	1.69	5.07
27-Apr-07	4.18	4.19	1.65	5.08
4-May-07	4.19	4.19	1.62	5.09
11-May-07	4.19	4.21	1.65	5.1
18-May-07	4.27	4.3	1.65	5.14
25-May-07	4.38	4.36	1.68	5.2
1-Jun-07	4.49	4.42	1.73	5.25
8-Jun-07	4.55	4.51	1.84	5.33
15-Jun-07	4.67	4.62	1.92	5.45
22-Jun-07	4.65	4.64	1.9	5.5
29-Jun-07	4.61	4.58	1.87	5.46
6-Jul-07	4.6	4.6	1.89	5.49
13-Jul-07	4.63	4.61	1.92	5.48

Note: The data are for ten-year bonds and are weekly. The last observation for each series is the week ending July 13, 2007. Source: Bloomberg.

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U.S. Dollar Nominal Exchange Rate, Broad Index, 2004-07

Week ending January 2, 2004 = 100

Period	U.S. dollar exchange rate
2-Jan-04	100.0
9-Jan-04	99.2
16-Jan-04	99.3
23-Jan-04	99.6
30-Jan-04	100.0
6-Feb-04	100.2
13-Feb-04	99.5
20-Feb-04	99.7
27-Feb-04	100.6
5-Mar-04	101.2
12-Mar-04	101.2
19-Mar-04	101.1
26-Mar-04	100.8
2-Apr-04	100.5
9-Apr-04	100.8
16-Apr-04	101.7
23-Apr-04	102.4
30-Apr-04	102.6
7-May-04	102.8
14-May-04	104.2
21-May-04	103.6
28-May-04	102.9
4-Jun-04	102.4
11-Jun-04	102.3
18-Jun-04	102.8
25-Jun-04	102.3
2-Jul-04	102.0
9-Jul-04	101.3
16-Jul-04	101.3
23-Jul-04	101.5
30-Jul-04	102.5
6-Aug-04	102.2
13-Aug-04	101.8
20-Aug-04	101.4
27-Aug-04	101.9
3-Sep-04	101.9
10-Sep-04	101.6
17-Sep-04	101.6
24-Sep-04	101.2
1-Oct-04	100.9
8-Oct-04	100.7
15-Oct-04	100.5
22-Oct-04	99.8
29-Oct-04	98.9
5-Nov-04	98.5
12-Nov-04	97.8
19-Nov-04	97.4
26-Nov-04	96.5
3-Dec-04	96.0
10-Dec-04	96.6
17-Dec-04	96.8
24-Dec-04	96.5
31-Dec-04	95.8
7-Jan-05	96.9
14-Jan-05	96.6
21-Jan-05	97.0
28-Jan-05	97.1
4-Feb-05	97.1
11-Feb-05	97.7
18-Feb-05	97.0
25-Feb-05	96.5
4-Mar-05	96.5
11-Mar-05	95.9
18-Mar-05	96.1
25-Mar-05	96.9
1-Apr-05	97.4
8-Apr-05	97.6
15-Apr-05	97.5
22-Apr-05	97.1
29-Apr-05	97.2
6-May-05	97.1
13-May-05	97.5
20-May-05	98.2
27-May-05	98.2
3-Jun-05	98.6
10-Jun-05	98.6
17-Jun-05	99.0
24-Jun-05	98.7
1-Jul-05	99.0
8-Jul-05	99.8
15-Jul-05	98.9
22-Jul-05	99.0
29-Jul-05	98.9
5-Aug-05	97.9
12-Aug-05	97.6
19-Aug-05	97.8
26-Aug-05	97.9
2-Sep-05	97.8
9-Sep-05	97.2
16-Sep-05	97.7
23-Sep-05	97.9
30-Sep-05	98.4
7-Oct-05	98.4
14-Oct-05	98.7
21-Oct-05	98.9
28-Oct-05	98.6
4-Nov-05	98.9
11-Nov-05	99.5
18-Nov-05	99.7
25-Nov-05	99.4
2-Dec-05	99.1
9-Dec-05	98.9
16-Dec-05	98.3
23-Dec-05	98.7
30-Dec-05	98.9
6-Jan-06	97.8
13-Jan-06	97.5
20-Jan-06	97.6
27-Jan-06	96.9
3-Feb-06	97.2
10-Feb-06	97.7
17-Feb-06	97.8
24-Feb-06	97.6
3-Mar-06	97.2
10-Mar-06	97.9
17-Mar-06	97.6
24-Mar-06	97.8
31-Mar-06	98.0
7-Apr-06	97.5
14-Apr-06	97.6
21-Apr-06	96.9
28-Apr-06	96.1
5-May-06	95.1
12-May-06	94.4
19-May-06	95.0
26-May-06	95.5
2-Jun-06	95.2
9-Jun-06	95.7
16-Jun-06	96.3
23-Jun-06	96.5
30-Jun-06	96.5
7-Jul-06	95.5
14-Jul-06	95.8
21-Jul-06	96.3
28-Jul-06	96.0
4-Aug-06	95.5
11-Aug-06	95.2
18-Aug-06	95.2
25-Aug-06	95.2
1-Sep-06	95.2
8-Sep-06	95.3
15-Sep-06	95.7
22-Sep-06	95.6
29-Sep-06	95.5
6-Oct-06	95.7
13-Oct-06	96.3
20-Oct-06	95.9
27-Oct-06	95.6
3-Nov-06	95.1
10-Nov-06	95.1
17-Nov-06	95.3
24-Nov-06	95.1
1-Dec-06	94.3
8-Dec-06	93.9
15-Dec-06	94.3
22-Dec-06	94.5
29-Dec-06	94.6
5-Jan-07	94.7
12-Jan-07	95.4
19-Jan-07	95.2
26-Jan-07	95.3
2-Feb-07	95.4
9-Feb-07	95.2
16-Feb-07	94.9
23-Feb-07	94.7
2-Mar-07	94.7
9-Mar-07	94.9
16-Mar-07	94.6
23-Mar-07	94.1
30-Mar-07	93.9
6-Apr-07	93.8
13-Apr-07	93.5
20-Apr-07	92.9
27-Apr-07	92.7
4-May-07	92.6
11-May-07	92.5
18-May-07	92.4
25-May-07	92.3
1-Jun-07	92.0
8-Jun-07	92.0
15-Jun-07	92.4
22-Jun-07	92.2
29-Jun-07	92.1
6-Jul-07	91.4
13-Jul-07	91.1

Note: The data are weekly and are in foreign currency units per dollar. The last observation is the week ending July 13, 2007. The broad index is a weighted average of the foreign exchange values of the U.S. dollar against the currencies of a large group of the most important U.S. trading partners. The index weights, which change over time, are derived from U.S. export shares and from U.S. and foreign import shares. Source: Federal Reserve Board.

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U.S. Dollar Exchange Rate Against Selected Major Currencies, 2004-07

Week ending January 2, 2004 = 100

Period	Euro	Canadian dollar	Japanese yen	U.K. pound
2-Jan-04	100.0	100.0	100.0	100.0
9-Jan-04	98.4	98.5	99.3	97.5
16-Jan-04	99.2	99.0	99.4	97.3
23-Jan-04	99.3	100.0	99.6	97.4
30-Jan-04	100.1	101.6	98.9	97.7
6-Feb-04	99.9	102.7	98.6	97.1
13-Feb-04	98.4	101.8	98.6	94.9
20-Feb-04	98.6	102.0	100.0	94.2
27-Feb-04	100.2	102.9	101.7	95.2
5-Mar-04	102.3	102.9	103.1	96.9
12-Mar-04	102.1	102.1	103.9	98.1
19-Mar-04	102.2	102.7	101.2	98.0
26-Mar-04	102.6	102.4	99.4	97.3
2-Apr-04	102.7	100.9	97.9	97.1
9-Apr-04	103.8	101.5	98.9	97.2
16-Apr-04	104.8	103.3	100.4	98.7
23-Apr-04	105.6	104.4	102.0	100.0
30-Apr-04	105.4	104.9	102.5	100.1
7-May-04	104.3	105.9	102.9	99.7
14-May-04	105.9	107.1	106.4	101.0
21-May-04	104.7	106.2	105.8	100.3
28-May-04	103.4	105.3	104.2	98.0
4-Jun-04	102.6	104.7	103.5	96.9
11-Jun-04	103.2	104.2	102.5	97.2
18-Jun-04	103.9	105.5	102.7	97.4
25-Jun-04	103.5	104.3	101.1	97.7
2-Jul-04	102.9	103.0	101.4	97.9
9-Jul-04	101.5	101.7	101.5	96.1
16-Jul-04	101.4	101.6	101.9	95.8
23-Jul-04	102.1	101.3	102.2	96.3
30-Jul-04	104.0	102.4	104.0	97.7
6-Aug-04	103.8	101.5	103.7	97.4
13-Aug-04	102.2	101.6	103.5	97.1
20-Aug-04	101.8	100.3	102.6	97.4
27-Aug-04	103.7	100.7	102.6	99.0
3-Sep-04	103.5	100.7	102.5	99.4
10-Sep-04	103.0	99.2	102.2	99.7
17-Sep-04	102.9	99.8	102.7	99.4
24-Sep-04	102.4	98.8	103.1	99.2
1-Oct-04	101.6	97.8	103.6	98.7
8-Oct-04	101.9	97.0	103.6	99.8
15-Oct-04	101.5	96.7	102.4	99.2
22-Oct-04	99.7	96.0	101.0	98.1
29-Oct-04	98.4	94.1	99.4	97.0
5-Nov-04	98.0	93.4	99.2	96.6
12-Nov-04	97.0	91.9	99.0	96.0
19-Nov-04	96.5	92.2	97.6	96.0
26-Nov-04	95.5	91.0	96.3	94.9
3-Dec-04	94.3	91.6	96.1	92.8
10-Dec-04	94.2	93.7	97.3	92.3
17-Dec-04	94.2	94.7	97.7	92.1
24-Dec-04	93.4	94.9	97.1	92.5
31-Dec-04	92.3	93.3	96.5	92.5
7-Jan-05	94.6	94.4	97.4	94.5
14-Jan-05	95.3	93.2	96.3	94.7
21-Jan-05	96.4	94.4	96.0	95.1
28-Jan-05	96.3	95.0	96.5	94.8
4-Feb-05	96.6	95.7	97.2	94.6
11-Feb-05	97.9	96.0	98.6	95.6
18-Feb-05	96.4	95.0	98.3	94.2
25-Feb-05	95.0	95.4	98.1	93.2
4-Mar-05	95.1	95.3	97.7	92.8
11-Mar-05	93.9	93.3	97.5	92.6
18-Mar-05	94.0	92.8	97.7	92.8
25-Mar-05	96.1	93.3	98.8	94.7
1-Apr-05	97.1	93.6	100.3	94.8
8-Apr-05	97.5	94.0	101.3	94.8
15-Apr-05	97.3	95.4	100.8	94.3
22-Apr-05	96.1	95.5	99.8	93.1
29-Apr-05	96.9	96.0	98.7	93.3
6-May-05	97.4	96.2	98.0	93.9
13-May-05	98.2	96.0	99.2	95.2
20-May-05	99.4	97.4	100.3	97.0
27-May-05	99.8	97.1	100.7	97.5
3-Jun-05	102.3	96.1	101.1	98.1
10-Jun-05	102.5	96.1	100.3	97.6
17-Jun-05	103.7	95.9	102.1	98.1
24-Jun-05	103.6	94.9	101.8	97.8
1-Jul-05	103.9	94.8	103.2	98.8
8-Jul-05	105.2	94.9	104.7	101.9
15-Jul-05	103.7	93.2	104.5	101.2
22-Jul-05	104.0	93.8	104.6	102.3
29-Jul-05	104.0	94.6	104.8	101.8
5-Aug-05	102.1	93.4	104.2	100.3
12-Aug-05	101.3	92.9	103.6	99.1
19-Aug-05	102.3	92.9	102.7	98.8
26-Aug-05	102.3	92.1	102.7	98.8
2-Sep-05	101.6	91.6	103.3	98.4
9-Sep-05	100.9	91.0	102.8	96.8
16-Sep-05	102.4	91.1	103.3	98.1
23-Sep-05	103.3	90.0	104.3	99.1
30-Sep-05	104.3	90.3	105.7	100.8
7-Oct-05	104.5	90.4	106.5	101.0
14-Oct-05	104.4	90.7	106.9	101.5
21-Oct-05	104.7	90.8	107.9	101.1
28-Oct-05	103.9	90.6	107.7	100.1
4-Nov-05	104.8	90.8	109.4	100.8
11-Nov-05	106.7	91.4	109.9	102.2
18-Nov-05	107.3	91.8	111.2	103.3
25-Nov-05	106.8	90.5	111.4	103.7
2-Dec-05	106.7	89.8	112.1	103.1
9-Dec-05	106.4	89.1	112.8	102.1
16-Dec-05	104.7	88.8	110.1	100.6
23-Dec-05	105.6	89.9	109.0	102.0
30-Dec-05	105.9	89.8	109.9	103.3
6-Jan-06	103.9	89.2	108.2	101.4
13-Jan-06	103.9	89.5	106.9	100.9
20-Jan-06	103.8	89.6	107.9	101.0
27-Jan-06	102.6	88.5	108.1	99.9
3-Feb-06	103.8	88.0	110.2	100.4
10-Feb-06	105.0	88.5	110.6	102.1
17-Feb-06	105.5	88.9	110.2	102.4
24-Feb-06	105.4	88.5	110.1	102.0
3-Mar-06	105.1	87.5	108.5	101.8
10-Mar-06	105.3	88.7	110.3	102.5
17-Mar-06	104.0	89.1	109.7	101.9
24-Mar-06	104.0	89.7	109.4	102.0
31-Mar-06	103.9	89.9	109.6	102.2
7-Apr-06	102.9	89.3	110.1	101.9
14-Apr-06	103.7	88.4	110.8	101.9
21-Apr-06	101.9	87.8	109.8	100.1
28-Apr-06	100.6	86.8	107.0	99.1
5-May-06	99.1	85.3	105.7	96.6
12-May-06	98.0	85.0	103.6	95.1
19-May-06	98.2	85.9	103.5	94.6
26-May-06	98.1	85.8	104.7	95.1
2-Jun-06	97.6	84.7	104.8	94.9
9-Jun-06	98.3	85.6	105.9	95.9
16-Jun-06	99.5	85.6	107.3	96.5
23-Jun-06	99.7	86.0	107.9	97.0
30-Jun-06	99.6	86.2	108.4	97.7
7-Jul-06	98.2	85.6	107.4	96.7
14-Jul-06	98.8	87.0	107.5	96.8
21-Jul-06	99.7	87.3	109.3	96.9
28-Jul-06	99.1	87.5	108.6	96.1
4-Aug-06	98.0	86.9	107.2	94.6
11-Aug-06	97.9	86.3	107.8	93.6
18-Aug-06	97.9	86.3	108.3	94.1
25-Aug-06	98.0	85.6	108.9	94.2
1-Sep-06	98.0	85.4	109.5	93.7
8-Sep-06	98.4	85.6	108.9	94.8
15-Sep-06	98.8	86.1	109.9	94.9
22-Sep-06	98.7	86.3	109.6	94.3
29-Sep-06	98.8	85.8	109.7	94.4
6-Oct-06	98.9	86.5	110.3	94.7
13-Oct-06	100.1	87.4	111.8	96.0
20-Oct-06	99.9	87.3	111.0	95.1
27-Oct-06	99.4	86.6	111.0	94.7
3-Nov-06	98.4	86.9	109.6	93.4
10-Nov-06	98.1	86.9	110.1	93.4
17-Nov-06	97.9	87.8	110.2	94.0
24-Nov-06	97.2	88.0	109.5	93.2
1-Dec-06	95.1	87.5	108.3	91.0
8-Dec-06	94.4	88.3	107.8	90.5
15-Dec-06	95.2	88.8	109.7	90.8
22-Dec-06	95.4	88.9	110.6	90.9
29-Dec-06	95.4	89.4	111.1	90.9
5-Jan-07	95.5	90.2	111.3	91.4
12-Jan-07	96.8	90.5	111.8	91.7
19-Jan-07	97.0	90.4	113.0	90.4
26-Jan-07	96.8	90.8	113.3	90.3
2-Feb-07	96.7	90.9	113.3	90.7
9-Feb-07	96.6	91.0	112.9	90.8
16-Feb-07	96.0	89.9	112.6	91.3
23-Feb-07	95.5	89.5	113.0	91.0
2-Mar-07	95.1	89.9	110.7	90.9
9-Mar-07	95.7	90.6	109.2	92.3
16-Mar-07	94.8	90.3	109.3	92.1
23-Mar-07	94.3	89.5	110.0	90.9
30-Mar-07	94.0	89.1	109.9	90.6
6-Apr-07	93.8	88.9	110.9	90.2
13-Apr-07	93.3	88.1	111.4	90.2
20-Apr-07	92.4	86.8	111.1	89.0
27-Apr-07	92.2	86.1	111.2	89.1
4-May-07	92.3	85.3	112.1	89.3
11-May-07	92.6	85.2	112.2	89.5
18-May-07	92.7	84.6	112.8	90.0
25-May-07	93.3	83.4	113.6	89.9
1-Jun-07	93.3	82.3	113.8	90.0
8-Jun-07	93.2	81.6	113.5	89.7
15-Jun-07	94.1	82.0	114.5	90.3
22-Jun-07	93.5	82.2	115.6	89.5
29-Jun-07	93.2	82.2	115.2	89.0
6-Jul-07	92.2	81.2	114.7	88.4
13-Jul-07	91.4	80.8	114.4	87.8

Note: The data are weekly and are in foreign currency units per dollar. The last observation for each series is the week ending July 13, 2007. Source: Bloomberg.

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