Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Businessweek Archives

Business Week Index


Business Week Index

BusinessWeek Index

The production index continued to decline in the week ended Nov. 9. However,before calculation of the four-week moving average, the index increased to131.6, from 130.7. In the latest week, seasonally adjusted output of autos andtrucks jumped back sharply, and steel output was also up. Electric power,crude-oil refining, and lumber production were weak.The leading index will be unavailable for an indefinite period of time.PRODUCTION INDICATORS

LATEST WEEK YEARLY

WEEK AGO % CHG

STEEL (11/16) thous. of net tons 1,904 1,959 # 1.3

AUTOS (11/16) units 131,120 126,859 r# 5.7

TRUCKS (11/16) units 115,886 112,897 r# -3.6

ELECTRIC POWER (11/16) millions of

kilowatt-hrs. 62,113 60,442 # 2.6

CRUDE-OIL REFINING (11/16) thous.

of bbl./day 14,162 13,744 # 3.2

COAL (11/9) thous. of net tons 21,195 # 21,204 5.0

LUMBER (11/9) millions of ft. 485.8 # 487.7 8.9

RAIL FREIGHT (11/9) billions of ton-miles 26.4 # 26.8 2.3

Sources: American Iron & Steel Institute, Ward's Automotive Reports, Edison

Electric Institute, American Petroleum Institute, Energy Dept., WWPA1, SFPA2,

Association of American Railroads

LEADING INDICATORS

LATEST WEEK YEARLY

WEEK AGO %CHG

STOCK PRICES (11/15) S&P 500 737.62 730.82 24.1

CORPORATE BOND YIELD, Aaa (11/15) 7.28 % 7.38 % 1.4

INDUSTRIAL MATERIALS PRICES (11/15) 105.8 105.3 -5.5

BUSINESS FAILURES (11/8) NA NA NA

REAL ESTATE LOANS (11/6) billions NA NA NA

MONEY SUPPLY, M2 (11/4) billions $3,791.3 3,781.6 r 4.2

INITIAL CLAIMS, UNEMPLOYMENT (11/9)

thous. 328 332 r -13.9

Sources: Standard & Poor's, Moody's, Journal of Commerce (index: 1990=100), Dun

& Bradstreet (failures of large companies), Federal Reserve, Labor Dept.

PRICES

LATEST WEEK YEARLY

WEEK AGO % CHG

GOLD (11/20) $/troy oz. 379.100 381.900 -1.7

STEEL SCRAP (11/19) #1 heavy, $/ton 116.50 116.50 -13.4

COPPER (11/15) cents/lb. 102.6 98.0 -26.6

ALUMINUM (11/15) cents/lb. 68.8 68.5 -10.6

COTTON (11/16) strict low middling 1-1/16

in., cents/lb. 68.98 69.72 -18.4

OIL (11/19) $/bbl. 24.64 23.75 36.2

CRB FOODSTUFFS (11/19) 1967=100 226.49 227.10 -6.8

CRB RAW INDUSTRIALS (11/19) 1967=100 330.95 328.42 -2.6

Sources: London Wednesday final setting, Chicago market, Metals Week, Memphis

market, NYMEX, Commodity Research Bureau

FOREIGN EXCHANGE

LATEST WEEK YEAR

WEEK AGO AGO

JAPANESE YEN (11/20) 111.23 111.45 101.15

GERMAN MARK (11/20) 1.50 1.50 1.41

BRITISH POUND (11/20) 1.68 1.66 1.56

FRENCH FRANC (11/20) 5.07 5.09 4.86

ITALIAN LIRA (11/20) 1498.2 1514.0 1590.5

CANADIAN DOLLAR (11/20) 1.34 1.33 1.35

MEXICAN PESO (11/20)*** 7.887 7.915 7.630

TRADE-WEIGHTED DOLLAR INDEX (11/20) 96.8 97.0 93.9

Sources: Major New York banks. Currencies expressed in units per U.S. dollar,

except for British pound in dollars. Trade-weighted dollar via J.P. Morgan.

INTEREST RATES

LATEST WEEK YEAR

WEEK AGO AGO

FEDERAL FUNDS (11/19) 5.29 % 5.30 % 5.81 %

COMMERCIAL PAPER (11/20) 3-month 5.41 5.40 5.72

CERTIFICATES OF DEPOSIT (11/20) 3-month 5.38 5.37 5.73

FIXED MORTGAGE (11/15) 30-year 7.79 7.90 7.64

ADJUSTABLE MORTGAGE (11/15) one-year 5.72 5.79 5.68

PRIME (11/19) 8.25 8.25 8.75

Sources: Federal Reserve, HSH Associates, Bloomberg Financial Markets

BW production index copyright 1996 Bloomberg L.P.

#Raw data in the production indicators are seasonally adjusted in computing the

BW index (chart); other components (estimated and not listed) include machinery

and defense equipment. 1=Western Wood Products Assn. 2=Southern Forest

Products Assn. ***=Free market value NA=Not available r=revised NM=Not

meaningful

Return to top


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus