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Capacity Utilization
Extent or level to which the productive capacity of a plant, firm, or country is being used in generation of goods and services. Expressed usually as a percentage, it is computed by dividing the total capacity with the portion being utilized.

Case-Shiller Housing Index (CS Home Price Index 'Ind.')
The Standard & Poor's Case-Shiller Home Price Indices are constant-quality house price indices for the United States. The indexes are based on a constant level of data on properties that have undergone at least two arm's length transactions. Case-Shiller produces indexes representing certain metropolitan statistical areas (MSA) as well as a national index.

Central Bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a state or formal monetary union,[1] and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. The Federal Reserve System (also known as the Federal Reserve or the Fed) is the central banking system of the United States of America. Current functions of the Federal Reserve System include to strike a balance between private interests of banks and the centralized responsibility of government, supervise and regulate banking institutions, protect the credit rights of consumers, manage the nation's money supply through monetary policy and to strengthen U.S. standing in the world economy.

Challenger Job-Cut
A report, released monthly, that provides information on the number of announced corporate layoffs. The Challenger Job-Cut Report is produced by Challenger, Grey & Christmas and tracks layoffs by industry and region. The report is an indicator used by investors to determine the strength of the labor market.

Chapter 13 Bankruptcy
A Chapter 13 bankruptcy is also called a wage earner's plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years.

Chapter 13 Discharged
If a Chapter 13 plan is completed successfully, the petitioner will earn a discharge. Discharge means that all debt listed in the Chapter 13 plan is satisfied and therefore creditors may not pursue additional collection actions pursuant to applicable state law.

Chapter 7 Bankruptcy
Chapter 7 bankruptcy is the simplest and most common form of bankruptcy. In Chapter 7, unless the assets are exempt, a court appointed trustee may sell the assets and distribute the net proceeds to creditors according to the priorities established in the Bankruptcy Code.

Chapter 7 Discharged
A discharge releases an individual debtors from personal liability for the debt and prevents the creditor that owes the debt from taking any collection actions against the debtor. In other words, the debtor is no longer legally required to pay any debts that are discharged.

Charles L. Evans
Charles L. Evans is the 9th President & CEO of the Federal Reserve Bank of Chicago. In that capacity, he serves on the Federal Open Market Committee (FOMC). Before becoming President in Sept. 2007, Evans served as director of research and senior vice President, supervising the Bank's research on monetary policy, banking, financial markets and regional economic conditions. Prior to that, Evans was a vice President and senior economist with responsibility for the macroeconomics research group.

Charles Plosser
Charles Irving Plosser is a former President & CEO of the Federal Reserve Bank of Philadelphia. An academic macroeconomist, he is well known for his work on real business cycles, a term which he and John B. Long, Jr. coined. As a member of the Federal Open Market Committee (FOMC), Plosser stressed the need to preserve the Fed's independence and structure by drawing a distinct line between fiscal and monetary policy. Plosser has argued that reform must end the notion that any firm is considered too big to fail or risk sowing the seeds of the next financial crisis.

Chicago Fed Index
Chicago Fed National Activity Index A monthly economic report prepared by the Chicago Federal Reserve Bank that tracks economic activity in the 7th district, which is comprised of Indiana, Iowa, Illinois, Michigan, and Wisconsin. The Chicago Fed National Activity Index is a coincident indicator of broad economic activity that is a weighted average of 85 indicators based on economic data covering production and income, employment, personal consumption, housing, manufacturing, trade sales, inventories, and orders. It is useful in tracking economic growth and identifying potential inflation. An index value of 0 indicates that the economy is growing at its long-run potential; a value over 0 indicates that the economy is growing above its potential. A negative value indicates that the economy is growing below potential. The data has a lag of about one month. It is a relatively new report that has not yet gained a following in the financial markets.

Chinese Q4
A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends. A quarter refers to one-fourth of a year and is typically expressed as "Q." The four quarters that make up the year are: January, February and March (Q1); April, May and June (Q2); July, August and September (Q3); and October, November and December (Q4).

Refers to the weekly jobless claims numbers on the economic calendar.

The previous day closing price or yield of a security or benchmark.

Construction Spending
An economic indicator that measures the amount of spending towards new construction. Released monthly by the U.S. Department of Commerce's Census Bureau, it looks at residential and non-residential construction in the private sector, and state and federal at the public level.

Consumer Confidence
Consumer Confidence Index - CCI'. A survey by the Conference Board that measures how optimistic or pessimistic consumers are with respect to the economy in the near future.

Consumer Credit
The Consumer Credit released by the Board of Governors of the Federal Reserve is an amount of money that individuals borrowed. It shows if consumers can afford large expenses, which can fuel economic growth. However, a high figure may also indicate that the economy is overheating, as consumers borrow in order to live beyond their means. A high reading is seen as positive (or Bullish) for the USD, whereas a low reading is seen as negative.

Consumer Price Index
A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and averaging them; the goods are weighted according to their importance. Changes in CPI are used to assess price changes associated with the cost of living. Sometimes referred to as "headline inflation."

Continuing Claims
Continuing claims refers to unemployed workers that qualify for benefits under unemployment insurance. In order to be included in continuing claims, the person must have been covered by unemployment insurance and be currently receiving benefits. Data on unemployment claims is published by the Department of Labor on a weekly basis, allowing for frequent updates on the levels of unemployment.

Core (numbers)
Excluding food and energy.

Core CPI
A method for measuring core inflation. It is the consumer price index (CPI) excluding energy and food prices. There are many other methods for calculating core inflation, but this is the most popular measurement. This method has become the most widely used because food and energy prices can be very volatile, and this wide amount of movement would unfairly bias the measure of inflation.

County Limit
Annual conforming loan limits that apply to all conventional mortgages delivered to Fannie Mae. Click Here to open Fannie Mae's worksheet and look up loan amount limit for your county.

The interest rate stated on a bond when it's issued. The coupon is typically paid semiannually. This is also referred to as the "coupon rate" or "coupon percent rate".

The ISO 4217 currency code for the Cypriot pound. The Cypriot pound (CYP), also known as the lira, was the national currency for the country of Cyprus until 2008, when the republic adopted the euro (EUR). The symbol for the pound is £C. As of January 2008, the Cypriot pound had a permanent fixed conversion rate to the euro.

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