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I s su e 13 , Vo lu me 1 / J an u ar y 6 , 20 12Positive News to Start 2012 The Week Ahead -> The “Keys”Tim McLaughlin - Quiet Data Week to Start the Year; All Eyes on Europe Employment data for the final month of 2011 wasreported this morning and the numbers were extremely Date Economic Release Prediction Laststrong. U.S. employers added more workers to payrolls thanforecast in December and the jobless rate declined to an 1/9 Consumer Credit $7.00B $7.65Balmost three year low, showing that the labor market gainedsignificant momentum heading into 2012. 1/10 NFIB Small Business Opt - 92.0 The 200,000 increase last month followed a revised 1/10 IBD/TIPP Eco Optimism - 42.8100,000 gain in November, Labor Department figures 1/10 JOLT Job Openings - 3267showed in Washington. The median projection in aBloomberg News survey called for a December gain of 1/10 Wholesale Inventories 0.5% 1.6%155,000. The unemployment rate unexpectedly fell to 8.5percent, the lowest since February 2009, while hours worked 1/11 MBA Mortgage Applications - -4.1%and earnings climbed. 1/12 Advance Retail Sales 0.2% 0.2% “It really does look like the economy is beginning to 1/12 less Autos 0.3% 0.2%change gears as the labor market is firming,” Joel Naroff,president of Naroff Economic Advisors Inc. in Holland, 1/12 less Autos and Gas 0.3% 0.2%Pennsylvania, said before the report. “We started off 2011with pretty solid job gains and that looks like it could be the 1/12 Retail Sales “Control Group” - 0.2%case in 2012 as well.” 1/12 Initial Jobless Claims 375K 372K The unemployment rate, derived from a separate surveyof households, was forecast to climb to 8.7 percent, 1/12 Continuing Claims - 3595Kaccording to the survey median. The decrease in the jobless 1/12 BB Consumer Comfort - -44.8rate from a revised 8.7 percent in November reflected adecline in unemployment combined with a gain in Americans 1/12 Philly Fed Revisions - -saying they were employed. 1/12 Business Inventories 0.4% 0.8%========== 1/12 Monthly Budget Statement -$79.0B - Additionally, on Thursday, Consumer Confidence rose to 1/13 Import Price Index (MoM) -0.1% 0.7%the highest level in more than five months and the pace offirings declined, showing an improving job market is 1/13 Import Price Index (YoY) 8.2% 9.9%bolstering the biggest part of the economy. 1/13 Trade Balance -$44.6B -$43.5B The Bloomberg Consumer Comfort Index climbed tominus 44.8 in the period ended Dec. 31, the best reading 1/13 U of Michigan Confidence 70.5 69.9since mid-July, from minus 47.5 the prior week. Applicationsfor jobless benefits decreased by 15,000 during the sametime to 372,000, according to Labor Department figures. Secondary Marketing Takeaways: Continued positive employment data plus growing confidence in A pickup in hiring will further lift Americans’ moods, the economy equates to positive news for all economicraising the odds household spending, which accounts for fronts, including housing (confidence = willingness toabout 70 percent of the economy, will keep climbing buy). Additionally, with all eyes on the European debt crisis, that should keep rates contained vs. rising. Mortgage Access Corp. d/b/a Weichert Financial Services, Executive Offices, 225 Littleton Road, Morris Plains, NJ 07950. 1-800-829-CASH. NMLS Company ID: 2731. Licensed by the NJ Dept of Banking and Insurance. Licensed Mortgage Banker with the State Dept of Banking in NY and CT. Licensed by the Pennsylvania Department of Banking, Mortgage Lender 21042. Licensed Lender in AK, AR, DE, MD, D.C., GA, ME, MI, MN, WI, IA, IL, IN, LA, VT, FL, WV, RI, KY, NC, ID, MS, NE, WY, OK,TN, WA. Licensed by the Virginia State Corporation Commission, License #ML105. Licensed Mortgage Lender in the Commonwealth of Massachusetts. License #ML1713, Certificate #43155. Certificate of Authority to transact business in CO, SC. Registered Mortgage Lender in TX. Licensed with the Financial Institutions Division in New Mexico, License # 01297. Licensed by the Department of Corporations under the California Residential Mortgage Lending Act. Licensed Mortgage Broker and Lender Ohio. Licensed Loan Broker and Lender Rhode Island. Kansas Licensed Mortgage Company, License #MC.0001229. Licensed by the New Hampshire Banking Department, License # 8714-MB. Licensed Oregon Mortgage Lender License #ML2528. Weichert Financial Services arranges loans with third-party providers. Equal Housing Lender.