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Letter from the CEO

Dear AmCham Jordan Members and Friends,

Later on today, the AmCham team and I hope to be seeing many of you at the Workshop we coordinated along with the US Embassy Amman featuring Dr. William Ury on his book Getting to Yes. Dr. Ury will be joining us live via Digital Video Conference and is happy to respond to questions.  If you have not yet confirmed your attendance to an AmCham staff member or by email, please do so in the early business hours of the day. 

Also coming up very shortly is USAID's Regional Business Initiative event that will take place from December 14 - 16, 2010 at the InterContinental Amman Hotel.  Many of you have asked for details about the event, please keep checking the event's page on our site for updates, you can view the page at Regional Business Initiative. 

LATEST U.S. ECONOMIC STATISTICS

Monday, November 22

• Chicago Fed National Activity Index– 3-Mth Moving Average: -0.46;
  Level: -0.28

Tuesday, November 23

• GDP– Real GDP Quarterly Change: +2.5%;
  GDP Price Index Quarterly Change: +2.3%
• Corporate Profits– After Tax Profits Year to Year Change – Prior: 38.7%; Actual: 28.2%
• Existing Home Sales– Level: 4.43 M;
  Monthly Change: -2.2%; Yearly Change: -25.9%
• Richmond Fed Manufacturing Index– Prior: 5; Actual: 9

Wednesday, November 24

• Durable Goods Orders – New Orders Monthly Change: -3.3%;
  Yearly Change: +10.5%; Ex-transport Monthly Change: -2.7%;
  Yearly Change: +10%
• Personal Income & Outlays– Personal Income Monthly Change: +.5%;
  Yearly Change: +4.1%; Consumer Spending Monthly Change: +.4%;
  Yearly Change: +3.6%; Core PCE Price Index Monthly Change: 0%;
  Yearly Change: +.9%
• Consumer Sentiment–  Prior: 69.3; Actual: 71.6
• New Home Sales– Prior: 307 K; Actual: 283 K
• FHFA House Price Index -  Monthly Change: -0.7%; Yearly Change: -3.4% 

Thursday, November 25

• U.S.Holiday: Thanksgiving Day

Friday, November 26

• Fed Balance Sheet– Total Assets Weekly Change: $31.1 B;
  Reserve Bank Credit Weekly Change: $24.3 B
• Money Supply– $-3.1 b

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

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