Business Week Index
Change from last week: 0.6%
Change from last year: 3.6%
The production index increased during the week ended July 2. Seasonally
adjusted output of autos, trucks, coal, steel, and lumber, as well as
rail-freight traffic, rose. Crude-oil refining and paper production levels were
unchanged from the previous week, while paperboard and electric power output
fell. Before calculation of the four-week moving average, the index increased
to 199.1, from 197.6. The index rose to 197 in June, from May's reading of 194.
BW production index copyright 1994 Bloomberg L.P.
Change from last week: 0%
Change from last year: 7.1%
The leading index was unchanged during the week ended July 2. Sharply faster
growth in real estate loans offset lower stock prices, higher bond yields, and
slower growth in materials prices. The M2 growth rate was unchanged, while data
for large-business failures were unavailable. Before calculation of the
four-week moving average, the index rose to 238.3, from 237. For the month of
June, the index increased to 237.9, from 236.3 in May.
Leading index copyright 1994 by Center for International Business Cycle Research