Daily Mortgage Rate Lock Advisory

Testimony before the Subcommittee on Financial Institutions, Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C.

U.S. total business sales for June were $975.8 billion, up 0.9 percent (±0.2%) from last month. Month-end inventories were $1,350.0 billion, down 1.1 percent (±0.1%) from last month.

June 2009: +0.9 % Change in sales
May 2009: -0.1 % Change in sales

U.S. retail and food service sales for July reached $342.3 billion, a decrease of 0.1 percent (±0.5%)* from the previous month.

July 2009: -0.1 % change
June 2009: +0.8 % change

U.S. Information sector revenue for the first quarter of 2009, adjusted for seasonal variation but not for price changes, was $275.3 billion, a decrease of 0.9 percent (+/- 0.5) from the fourth quarter of 2008.

1st Qtr 2009: 0.9 % change
4th Qtr 2008: -1.6 % change

Testimony before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C.

Testimony before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C.. Governor Tarullo presented identical remarks to the Committee on Banking, Housing, and Urban Affairs, U.S. Senate on July, 23, 2009

Testimony before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C.. Chairman Bernanke presented identical remarks before the Committee on Financial Services, U.S. House of Representatives, on July 24, 2009

Testimony before the Joint Economic Committee, U.S. Congress, Washington, D.C.

Testimony before the Committee on Oversight and Government Reform, U.S. House of Representatives, Washington, D.C.

Testimony before the Subcommittee on Securities, Insurance, and Investment, Committee of Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C.