my legislation requires that oberators in addition to what is already required also provide very basic data on theirome ployees. it is important to know that dem graphic information required would not be identifyable to any personal. the items required are the tenure of the employees and the dem graphics including gender and residence including zip code. the reason for this is concern about how the-some private parking lot operators are treating their employees. we request tenure information because some operators are concerned that the operators are not allowing employees to stay long enough to actually accumulate senorty and-[inaudible] constant wlae turning over employees to keep them at a low pay scale. they are concerned about gender balance and primary residence in the form of zip code so we know if these parking lot operators are hiring local residence. we can't require them to do so, but it is important to know if they are hiring locally. this information will help better understand how the businesses are operating and also provide with a tool to [inaudible] particularly around

five,ober we were in the so we have a long way to go. whatever the weather effect, it has been relatively steady for the past four months and we expect a big spring rebound. here, a drop in condo and co-op sales, 1.8%. single-family home sales, just .2 of 8%. one of the complaints about home sales in the past couple of months has been not enough homes for sale, so that may affect things. the other number we just got -- and here is some good news for people worried about the economy and the weather. february -6.3, and it comes in a positive numeral mind. it looks like overall the employment index is lower, but the overall index higher for the philadelphia fed. the general news is really good on the economy. for those who have been hoping for a we bound -- and rebound from the weather effects. >> we have bob shiller with us now for some reaction on the housing numbers. yale university professor. welcome, bob. what do you think about the numbers here? a slowlooking at recovery, not that bad? >> existing home sales is declining on a seasonal