1. 01.26.11 Keeping an Eye on Your World Economic Slide Library … Will grow continuously as updates continue to get added.

2. 2 Armada Corporate Intelligence Updated 09.12.11 About this library of information: The following slides are in random order. They are actual data points and observations used by Armada Managing Directors in recent presentations. Armada has made every reasonable effort to protect copyrights where present. These slides include data from public sources and references are noted. Where possible, Armada has also included reference material and comments in the notes section of each slide – to aid with any presentation needs.

3. 3 Armada Corporate Intelligence Updated 09.12.11 Unemployment Weekly Claims

4. 4 Armada Corporate Intelligence Updated 09.12.11 Leading Index for US

5. 5 Armada Corporate Intelligence Updated 09.12.11 Oil Prices: WTI and Recession

6. 6 Armada Corporate Intelligence Updated 09.12.11 University of Michigan Consumer Sentiment

7. 7 Armada Corporate Intelligence Updated 09.12.11 US Home Ownership Rates

8. 8 Armada Corporate Intelligence Updated 09.12.11 New Home Sales Source: US Census Bureau, 2011

9. 9 Armada Corporate Intelligence Updated 09.12.11 Source: US Census Bureau

10. 10 Armada Corporate Intelligence Updated 09.12.11 US Vehicle and Light Truck Sales

11. 11 Armada Corporate Intelligence Updated 09.12.11 Industrial Production

12. 12 Armada Corporate Intelligence Updated 09.12.11 Capacity Utilization: Total Industry

13. 13 Armada Corporate Intelligence Updated 09.12.11 St. Louis Fed Inventory to Sales Ratio

14. 14 Armada Corporate Intelligence Updated 09.12.11 ISM Manufacturing PMI and Recessions

15. 15 Armada Corporate Intelligence Updated 09.12.11 ISM New Orders Index

16. 16 Armada Corporate Intelligence Updated 09.12.11 ISM Non-Manufacturing Index

17. 17 Armada Corporate Intelligence Updated 09.12.11 ISM Manufacturing Inventories Index

18. 18 Armada Corporate Intelligence Updated 09.12.11 ISM Manufacturing New Export Orders Index

19. 19 Armada Corporate Intelligence Updated 09.12.11 ISM Manufacturing Imports Index

20. 20 Armada Corporate Intelligence Updated 09.12.11 Retail and Food Service Sales

21. 21 Armada Corporate Intelligence Updated 09.12.11 E-Commerce Retail Sales

22. 22 Armada Corporate Intelligence Updated 09.12.11 Total Retail Sales (Excluding Food)

23. 23 Armada Corporate Intelligence Updated 09.12.11 Number of months to return to pre-recession job levels.

24. 24 Armada Corporate Intelligence Updated 09.12.11

25. 25 Armada Corporate Intelligence Updated 09.12.11 Transportation Growth Expectations are Strong through 2020 Sources: U.S. Freight Transportation Forecast and American Trucking Association $655 B$1.123 T Over-the-road transportation is forecast to remain the largest mode in the U.S. with an estimated growth of 42% by 2020.