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1 Discover the Mortgage Periodic Table and Explore 00 Wholesale / Correspondent Mortgage Lenders at

2 January New Year's Day (Observed) All Markets Closed Martin Luther King Jr Birthday All Markets Closed Dallas Fed Survey 0 ISM Manufacturing Index PMI Manufacturing Index Empire State Report Employment Cost Index FOMC Minutes Vehicle Sales ADP CPI,, Beige Book, TIC Flows, NAHB Housing Index, Chain Store Sales PMI Service Index ISM Non-Mfg index Retail sales Explore Over 00 Wholesale and Correspondent Mortgage Lenders from One Website Copyright Mortgage Elements Inc, All rights reserved

3 February President's Day Markets Closed FOMC Rate Decision, Vehicle Sales, PMI & ISM Mfg Index,, ADP Employment, Mortgage Apps CPI, Retail Sales, TIC Flows,, NAHB Housing Index, Empire State Report, MBA Mortgage Apps FOMC Minutes,,, Productivity & Costs Chain Store Sales PMI Service Index ISM Non-Manufacturing Index Explore Over 00 Wholesale and Correspondent Mortgage Lenders from One Website Copyright Mortgage Elements Inc, All rights reserved

4 March Current Account,, PMI & ISM Mfg Index, Vehicle Sales, Beige Book, Mtg Apps ADP Productivity & Costs FOMC Rate Decision, CPI, Retail Sales, TIC, Empire State Survey, Business Inventories, Mortgage Apps FHFA Home Price Index Chain Store Sales, PMI Service Index ISM Non-Manufacturing Index Quadruple Witching 0 Explore Over 00 Wholesale and Correspondent Lenders from One Website Copyright Mortgage Elements Inc, All rights reserved

5 April PMI Manufacturing Index ISM Manufacturing Index Empire State Report NAHB Housing Index TIC Flows Vehicle Sales x FOMC Minutes, PMI Service Index, ISM Non-Mfg Index, ADP, MBA Mortgage Apps Beige Book Chain Store Sales - Good Friday CPI Retail Sales, FHFA Home Prices, S&P CoreLogic HPI,, Employment Cost Index Explore Over 00 Wholesale and Correspondent Mortgage Lenders from One Website Copyright Mortgage Elements Inc, All rights reserved

6 May PMI Manufacturing Index ISM Manufacturing Index NAHB Housing Index Empire State Report TIC Flows Vehicle Sales FOMC Rate Decision, ADP, PMI Service Index, ISM Non- Mfg Index, Mortgage Apps, Productivity & Costs, Chain Store Sales CPI Retail Sales Memorial Day Markets Closed 0 FOMC Minutes ADP Beige Book, Corporate Profits Use the Mortgage Periodic Table to Explore Over 00 Wholesale & Correspondent Lenders Copyright Mortgage Elements Inc, All rights reserved

7 June PMI Service Index ISM Non-Manufacturing Index Current Account FOMC Rate Decision CPI, Retail Sales Vehicle Sales, Productivity, PMI & ISM Manufacturing Index, Jobless Claims, Construction Spending, Chain Store Sales, Leading Indicators,,, Empire State Report, TIC Flows, Weekly Jobless Claims, NAHB Housing Index Quadruple Witching Corporate Profits 0 Use the Mortgage Periodic Table to Explore Over 00 Wholesale & Correspondent Lenders Copyright Mortgage Elements Inc, All rights reserved

8 July Independence Day Markets Closed PMI Manufacturing Index ISM Manufacturing Index Empire State Report NAHB Housing Index TIC Flows FOMC Minutes, Vehicle Sales ADP Beige Book Chain Store Sales, PMI Service Index, ISM Non-Mfg Index,, CPI, Retail Sales FOMC Rate Decision Employment Cost Index Explore Over 00 Wholesale and Correspondent Mortgage Lenders from One Website Copyright Mortgage Elements Inc, All rights reserved

9 August Vehicle Sales ISM & PMI Mfg Index ADP Productivity & Costs Chain Store Sales, Factory Orders, PMI Service Index, ISM Non-Manufacturing Index, CPI Retail Sales, Import-Export Prices, TIC Flows, Business Inventories, NAHB Housing Index, Empire State Report FOMC Minutes 0 ADP Corporate Profits, Chain Store Sales, Chicago PMI, Use the Mortgage Periodic Table to Explore Over 00 Wholesale & Correspondent Lenders Copyright Mortgage Elements Inc, All rights reserved

10 September Vehicle Sales, Construction Spending, ISM & PMI Mfg Index, Labor Day Markets Closed NAHB Housing Index TIC Flows Dallas Fed report Current Account S&P Corelogic HPI Beige Book, PMI Service Index ISM Non-Manufacturing Index FOMC Rate Decision Productivity & Costs CPI Corporate Profits Quadruple Witching Retail Sales,, Industrial Production, Empire State Report, Use the Mortgage Periodic Table to Explore Over 00 Wholesale & Correspondent Lenders Copyright Mortgage Elements Inc, All rights reserved

11 October ISM Manufacturing Index PMI Manufacturing Index Columbus Day Banks Closed & Markets Open Empire State Report 0 Vehicle Sales NAHB Housing Index TIC Flows Employment Costs, Chicago PMI, ADP ISM Non-Manufacturing Index PMI Service Index FOMC Minutes Beige Book Chain Store Sales CPI Retail Sales Explore Over 00 Wholesale and Correspondent Mortgage Lenders from One Website Copyright Mortgage Elements Inc, All rights reserved

12 November FOMC Rate Decision, ADP, PMI & ISM Manufacturing Index, Vehicle Sales,, MBA Mortgage Applications CPI, Retail Sales, TIC Flows,, Empire State Report, FOMC Minutes Beige Book, Corporate Profits Chain Store Sales Productivity & Costs, Leading Indicators, NAHB Housing Index,, Thanksgiving Markets Closed 0, Trade Balance, PMI Service Index, ISM Non-Manufacturing Index Veterans Day (Observed) Explore Over 00 Wholesale and Correspondent Lenders from One Website Copyright Mortgage Elements Inc, All rights reserved

13 December Vehicle Sales PMI Manufacturing Index ISM Manufacturing Index ISM Non-Manufacturing Index PMI Service Index ADP Productivity & Costs NAHB Housing Index Christmas Day Markets Closed Current Account FOMC Rate Decision CPI Retail Sales,, FHFA Home Prices, Philly, Kansas City & s, Weekly Jobless Claims, Corp Profits Quadruple Witching TIC Flows Empire State Report Explore Over 00 Wholesale and Correspondent Lenders from One Website Copyright Mortgage Elements Inc, All rights reserved

14 Economic Indicator Description / Definition ADP Employment Beige Book CPI - Consumer Price Index Current Account ECB Announcement Empire State Survey Employment Cost Index FOMC Meeting FOMC Statement A national jobs report that derives its statistics from the actual monthly payrolls of employers in the non-farm private sector. Prepared by the Federal Reserve, it is a survey of economic conditions in each of the Fed s regions. This report includes inventory levels and statistics from various stages of the manufacturing process. The Chicago Purchasing Managers Index is prepared monthly by ISM (Institute of Supply Management) and indicates regional manufacturing activity. It comes out before other ISM surveys and is closely watched as a precursor to the other ISM Reports. The CPI Measures the change in the cost of a basket of goods and services (about 0) in each month. This is one of the biggest and most closely watched indicators along with the. Measures how confident Consumers feel about their individual spending plans and the economy in general. Published twice monthly by the University of Michigan, this index is based on over 00 phone interviews with participants who are asked 0 questions. A monthly estimate of the total dollar value of all construction work in the country. Released monthly by the Federal Reserve Board, it estimates the changes of outstanding credit to individuals for the purchase of consumer goods and services. It contains revolving and non revolving credit, like car loans but not mortgages or equity lines. Measures the money flows and cash transfers into and out of the country. Consists of the (exports minus imports of goods and services) plus the net Capital Account (income from foreign investments - payments to foreign investors). This report measures how much spending is occurring on goods expected to last over three years, like appliances and cars. The European Central Bank's (ECB) first meeting of the month typically covers monetary policy. After the meeting, they make an announcement that discloses the issues discussed and decisions made. Prepared by the Federal Reserve Bank of New York, this survey summarizes general business conditions of manufacturers in New York state. Also called the Jobs Report, the Current Employment Situation Report covers general employment conditions which includes the Unemployment Rate, number of new jobs created, average hours worked per week, Labor Force Participation Rate, and Average Hourly Earnings. Like the CPI and, this is a very closely watched and a major market mover. This index measures the general cost of labor which includes wages, benefits, and bonuses. Reports the number of existing homes that were CLOSED during the month both nationally and regionally. Indicates the activity of the country's manufacturing sector and includes new orders, unfilled orders, shipments, and inventories. The Federal Open Market Committee meets every weeks to set monetary policy. Issued by the Fed after the FOMC meetings summarizing topics discussed, economic outlook, and policy decisions. Copyright Mortgage Elements Inc, All rights reserved

15 Economic Indicator Description / Definition Gross Domestic Product Import - Export Prices The is an all encompassing measure of the economy that includes the Value of all goods and services produced in the entire country. This report includes housing starts, building permits, and housing completions with data obtained from surveys of homebuilders. The U.S. Import and Export Price Indexes measure average changes in prices of goods and services that are imported or exported. The information on this calendar is taken from sources believed to be credible, but Mortgage Elements does not guarantee or warrant its completeness or accuracy. The dates, times, and definitions of Economic information is controlled by the individual data provider and subject to change without notice. This calendar is for informational purposes only and not an advertisement to lend or solicit mortgage originations. International Trade ISM Manufacturing Index ISM Non-Manufacturing NFIB Small Business Philly Fed Survey - Producer Price Index Productivity Retail Sales Measures volume of goods produced by all industrial firms including factories, mines, and utilities. Also called the, it measures the trade deficit - value of exports minus the value of imports. The Institute for Supply Management publishes this index by surveying over 00 purchasing managers from all over the country and compiling their opiniions of manufacturing conditions. It is diversified and weighted by industry and geography. Same as the above index but for the service sector which encompasses a larger portion of real. Job Openings and Labor Turnover Survey includes employment, job openings, hires, quits, layoffs and discharges, and other separations. Also called The Leading Economic Index, it is a leading economic indicator used to forecast future economic activity. Calculated by The Conference Board, it determines the index from the values of ten key variables. Report on the number of newly constructed homes sold in the previous month. Published by the National Federation of Independent Business, the Small Business Optimism Index is an indicator of the health of small businesses. It is calculated by surveying its members on their plans and activities. Personal Income and Outlays report provides data on consumer behavior and total economic consumption. Published by the Philadelphia Federal Reserve, this survey summarizes economic activity in its district. Measures the change in the price of goods from producers and includes everything from raw materials to wholesale items sold to retailers. Since it is published before the CPI, this indicator is very closely watched as a precursor to the CPI. The report measures how much output is created by a unit of labor. Measures goods sold by retailers. This is fairly closely watched as it indicates general spending attitudes of Consumers. S&P CoreLogic Case Shiller HPI This Home Price Index (HPI) uses a three-month moving average to calculate its numbers giving it a two month lag. TIC Flows Vehicle Sales Treasury International Capital shows the flows of money across US borders for sales of ALL securities and financial instruments. This report shows the number of Newly Unemployed Workers filing unemployment claims for the first time with their State Unemployment Bureaus. The data is seasonally adjusted and aggregated on a national basis. Reports the number of light vehicle sold including cars and light trucks. Copyright Mortgage Elements Inc, All rights reserved

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