TABLE OF CONTENTS

Letter from the AmCham Jordan Team

Dear AmCham Jordan Members and Friends,

Happy New Year! We at AmCham hope you had a pleasant day yesterday with family and friends. 

We would like to thank those who turned out for the DVC workshop with Dr. William Ury on his book Getting to Yes on Monday, November 29. The event was a great success, and we can confidently express that our members and friends were satisfied to learn from and talk with Dr. Ury. 

Next week Tuesday to Thursday, the USAID Regional Business Initiative event is finally here. This event, in conjunction with US based Segora and IP3, is designed to build direct commercial linkages between Iraqi, Jordanian and Palestinian companies in the region and to drive growth by empowering small and medium businesses. Our website has been updated with further information that explains how you can register to attend as well as the agenda covering the three days. You can access this material in both English and Arabic.

We look forward to seeing you at our upcoming events!

Sincerely,

The AmCham Jordan Team

LATEST U.S. ECONOMIC STATISTICS

Tuesday, November 30

• S&P Case-Shiller HPI– 10-city, not SA Monthly Change: -0.5%;
  10-city, Seas Adj Monthly Change: -0.7%;
  10-city, not SA Yearly Change: +1.6%
• Chicago PMI– Business Barometer Index: Prior: 60.6; Actual: 62.5
• Consumer Confidence– Prior: 50.2; Actual: 54.1
• State Street Investor Confidence Index– Prior: 86.2; Actual: 97.5

Wednesday, December 1

• Motor Vehicle Sales-  Prior: 9.1 M; Actual: 9.1 M
• Challenger Job-Cut Report–  Announced layoffs, Prior: 37,986;
  Actual: 48,711
• ADP Employment Report– Prior: 43,000; Actual: 93,000
• Productivity & Costs– Nonfarm Productivity Quarterly Change: +2.3%;
  Unit Labor Costs Quarterly Change: -0.1%
• ISM Mfg Index–  Prior: 56.9; Actual: 56.6
• Construction Spending– Monthly Change: +0.7%; Yearly Change: -9.3%
• Beige Book– The economy was given a modest upgrade with positives in manufacturing, certain services, & consumer sectors.

Thursday, December 2

• Chain Store Sales– Gains in ex-auto & ex-gas sectors across range of chain stores.
• Monster Employment Index– Prior: 136; Actual: 134
• Pending Home Sales Index – Level: Prior: 80.9; Actual: 89.3;
  Monthly Change Prior: -1.8%; Actual: +10.4%

Friday, December 3

• Employment Situation– Nonfarm Payrolls M/M Change: 39K;
  Private Payrolls M/M Change: 50K; Unemployment Rate: 9.8%
• Factory Orders– Prior: +2.1%; Actual: -0.9%
• ISM Non-Mfg Index– Prior: 54.3; Actual: 55

For more information on the US economic reports & indicators, please consult the following WEBPAGE.

UPCOMING TRADE SHOWS

In the U.S. or with a U.S. focus