31. July 2007 by Ana Connell.

Did you know, that City of Burbank has a composting program?

The program started back in 1989 and through this program Burbank has been able to keep 50% of it’s waste from making it to the landfills!

Composting is the process where living organisms turn organic waste and yard waste into a rich amendment that you can use in your yard to naturally fertilize your soil.

What’s great is that residents are eligible to receive free composting instruction through workshops and a free composter!

The workshops cover topics ranging from how and what to compost to Xeriscape(minimal water usuage) landscaping!  Trust me I did not know what the meaning of Xeriscape was either!
If you are interested in getting started, please call City of Burbank Recycle Center at 818-238-3900.

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28. July 2007 by Ana Connell.

Monday 30

3 Month & 6 Month Bill Auction

Tuesday 31

ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending.

Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores.

Factory Orders Consensus - -1.2

Pending Homes Index-The National Association of Realtors developed the pending home sales index as a leading indicator of housing activity. As such, it is a leading indicator of existing home sales, not new home sales. A pending sale is one in which a contract was signed, but not yet closed. It usually takes four to six weeks to close a contracted sale.

Motor Vehicle Sales Consensus 12.4 M

Employment Cost Index-Consensus .9% Measures total cost of employee compensation, used to evaluate wage trends in the market place.

Personal Income Outlays-Consensus .6% Another measure to gauge consumer spending power.

NAPM-Chicago-Consensus 58-Business conditions in the Chicago area, another measure of economic growth.

Construction Spending-Consensus .2% Good indicator of the economy’s momentum.

Consumer Confidence -Consensus 105

Farm Prices

4-week Bill Auction

Wednesday 1

Pending Homes Sales Index-Release from NAR Gauges demand and momentum of housing market

ISM Manufacturirng Index Consensus-55.0 Survey of manufacturing firms that measure their sentiments on a variety of areas including employment, production, new orders and inventories.

Challenger Job Cut Report Announced corporate layoffs.

MBA Purchase Applications-Measures Mortgage Lender applications, this is considered a leading indicator of single family home sales!

ADP Employment Report-National Employment report based on private payrolls

EIA Petroleum Status Report-Measures petroleum inventories in the US

Motor Vehicle Sales Consensus 12.2M

Thursday 2

Monster Employment Index Job availability compiled by Monsters from 1500+ websites.

BOE Announcement- Bank of England Monetary Policy

ECB Announcement- Interest Rate policy issued by European Central Bank

Jobless Claims Unemployment claims. Consensus 310K

EIA Natural Gas Report

Factory Orders Consensus 1.0%

Money Supply

Friday3

ISM Non Manufacturing Survey Consensus 58.5

Employment Situation-

Nonfarm Payrolls - M/M change Consensus 125,000 Consensus Range 60,000 to 160,000		Unemployment Rate - Level Consensus 4.5% Consensus Range 4.4% to 4.6%
Average Hourly Earnings - M/M change
Consensus	0.3%
Consensus Range	0.2% to 0.4%

Busy week ahead and we certainly had an eventful week last week as we saw hefty declines in the both the stock market (441points) and bond rates……subprime concerns, oil prices still

There you have it!

Have a great week everyone!

For your Burbank Real Estate needs please visit my website at anaconnell.com!

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22. July 2007 by Ana Connell.

Monday 23

3 & 6 Month Bill Auction

Tuesday 24

ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending.

Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores.

State Street Investor Confidence Index Measures actual levels of risk in investor portfolio.

4 Week Bill Auction & 20 Year Tips Auction

Wednesday 25

Existing Home Sales-consensus 5.870M….. Year to year this number has dropped 10.3% and housing supply at 8.9 months is at it’s highest since 1992. June sales are not expected to be any better.

MBA Purchase Applications measures applications at mortgage lenders. This is considered a leading indicator for single family home sales and housing construction.

EIA Petroleum Status Report reports on crude oil inventories in the U.S.

Beige Book

2 Year Note Auction

Thursday 26

New Home Sales Consensus 890,000

Durable Goods Orders Consensus 2.0%

Jobless Claims Unemployment claims. Consensus 312K

Help Wanted Index

EIA Natural Gas Report-Tracks natural gas inventories.

3 and 6 month Treasury Bill Announcement Investors use this data to attempt to predict future Federal Reserve policy.

5 Year Acution

Money Supply

Friday 27

Consumer Sentiment Consensus 91

GDP Consensus 3.2%
Last week was interesting as we saw the Dow reach 14,000 and come down 300 points the next day. Subprime and earnings concerns continue to plague the market. Overall higher mortgage rates will contribute to a softer housing market. Job market is tight and higher gasoline prices at the pump continue to put a drag on consumer budgets.

The consensus seems to be that we can expect more volatility going forward.

Have a great week!

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15. July 2007 by Ana Connell.

Monday 16

Empire State Manufacturing Survey-monthly survey of manufacturers in New York State.Consensus 17.5

3 Month & 6 Month Bill Auction

Tuesday 17

Housing Market Index-Produced by the National Association of Home Builders. This is a survey which is filled out by the members of this organization and it gives their opinion of the general state of the housing market and the economy.

Producer Price Index PPI Consensus Forecast for June 07: +0.1 percent

ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending.Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores.

4 Week bill Auction

Industrial Production

Treasury Int’l Capital-measures foreign demand for our debt and assets by tracking flows of financial instruments into and out of the U.S.

Wednesday 18

Fed Chariman Ben Bernanke speaks before the House Financial Services Committee

Housing Starts Consensus 1.450M Starts slipped in May by 2.1% and so far the consensus points to continued weakness.

CPI-Consumer Price Index- measures average price of a fixed set of goods and services used by consumers.

MBA Purchase Applications measures applications at mortgage lenders. This is considered a leading indicator for single family home sales and housing construction.

EIA Petroleum Status Report reports on crude oil inventories in the U.S.

Thursday 19

Fed Chairman Ben Bernanke speaks before Senate Banking Committee on monetary policy.

Jobless Claims Unemployment claims. Consensus 310k

Leading Indicators -Consensus -.1%

Philidelphia Fed Survey- Consensus 14.0

EIA Natural Gas Report-Tracks natural gas inventories.

3 , 6 month Treasury Bill, 20 Year TIPS Announcement Investors use this data to attempt to predict future Federal Reserve policy.

Money Supply

Federal Open Market Committee (FOMC) Notes

Friday 20

Have a great week!

Remember to click on the links for more information on each report.

Please come visit me at anaconnell.com!

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8. July 2007 by Ana Connell.

Monday 9

3 & 6 Month Bill Auction

Consumer Credit Consensus 5.6B

This report represents the overall value of outstanding consumer credit debt. Very simply put, if demand exceeds supply, interest rates rise.

Tuesday 10

ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending.

Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores.

Bank of Canada Monetary Policy Announcement

Wholesale Trade

4 Week bill Auction

Bernanke to speak in Cambridge about U.S. Inflation

Wednesday 11

MBA Purchase Applications measures applications at mortgage lenders. This is considered a leading indicator for single family home sales and housing construction.

EIA Petroleum Status Report reports on crude oil inventories in the U.S.

Thursday 12

International Trade Gauges economic trends by measuring levels of imports and exports.

Jobless Claims Unemployment claims.
EIA Natural Gas Report-Tracks natural gas inventories.

3 and 6 month Treasury Bill Announcement , 10 year Tips Auction Investors use this data to attempt to predict future Federal Reserve policy.

Chain Store Sales Another indicator of consumer spending trends.

Treasury Budget Consensus 30B

Money Supply

Friday 13

Consumer Sentiment Consensus 86

Retail Sales Consensus 0.0

Business Inventories-Consensus .3%Import and Export Prices Consensus .6%

RBC Cash Index Monthly national survey of consumer attitudes on the state of the economy. Consumer spending accounts for two thirds of the economy, so this tends to be an important index.

Last weeks reports came in moderately strong, keeping upward pressure on interest rates. Crude Oil jumped last week as well, so we’ll see what the new week brings!

My website is under construction, but come visit me at anaconnell.com!

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