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

PRODUCTION INDEXThe production index was flat in the week ended Nov. 28. The unaveraged indexfell 1%, to 135.6, from 137, and the monthly index for November increased 0.7%to 135.8, from 134.9 in October. After seasonal adjustment, raw steelproduction was down 5.1%, with its capability utilization rate the lowestsince June, 1991. Output of autos, trucks, electricity, lumber, andrail-freight were also down, a result of the Thanksgiving holiday. Oil andcoal production both posted hefty gains.BW production index copyright 1998 Bloomberg L.P.PRODUCTION INDICATORS

LATEST WEEK YEARLY

WEEK AGO % CHG

STEEL (12/5) thous. of net tons 1,747 1,736# -19.6

AUTOS (12/5) units 121,616 74,815r# -8.5

TRUCKS (12/5) units 153,829 88,297r# 2.0

ELECTRIC POWER (12/5) millions of kilowatt-hrs. 60,029 58,753# -4.7

CRUDE-OIL REFINING (12/5) thous. of bbl./day 14,377 14,337# -3.2

COAL (11/28) thous. of net tons 20,500# 22,043 2.9

LUMBER (11/28) millions of ft. 326.5# 514.3 15.7

RAIL FREIGHT (11/28) billions of ton-miles 23.9# 28.4 1.3

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

Electric Institute, American Petroleum Institute, Energy Dept., WWPA*, SFPA**,

Association of American Railroads

LEADING INDICATORS

LATEST WEEK

YEARLY

WEEK AGO %

CHG

STOCK PRICES (12/4) S&P 500 1176.74 1192.29 19.6

CORPORATE BOND YIELD, Aaa (12/4) 6.22% 6.25% -9.3

MONEY SUPPLY, M2 (11/23) billions $4,379.0 $4,382.5r 8.7

INITIAL CLAIMS, UNEMPLOYMENT (11/27) thous. 313 301r -2.8

MORTGAGE APPLICATIONS, PURCHASE (12/4) 299.6 293.8 27.1

MORTGAGE APPLICATIONS, REFINANCE (12/4) 2,055.1 2,086.3 161.8

Sources: Standard & Poor's Moody's, Federal Reserve, Labor Dept., Mortgage

Bankers Assn. (Index: March 16, 1990=100)

PRICES

LATEST WEEK YEARLY

WEEK AGO % CHG

GOLD (12/9) $/troy oz. 294.200 294.150 2.8

STEEL SCRAP (12/8)#1 heavy, $/ton 85.50 85.50 -35.0

COPPER (12/4) cents/lb. 72.4 74.4 -13.9

ALUMINUM (12/4) cents/lb. 62.5 62.0 -19.1

COTTON (12/4) strict low middling 1-1/16 in.,

cents/lb. 64.33 63.84 -2.7

OIL (12/8) $/bbl. 11.02 10.89 -40.3

CRB FOODSTUFFS (12/8) 1967=100 196.95 196.86 -20.5

CRB RAW INDUSTRIALS (12/8) 1967=100 266.57 267.64 -14.1

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 (12/9) 117.96 120.08 128.90

GERMAN MARK (12/9) 1.67 1.67 1.78

BRITISH POUND (12/9) 1.66 1.66 1.65

FRENCH FRANC (12/9) 5.60 5.61 5.97

ITALIAN LIRA (12/9) 1651.8 1656.0 1744.5

CANADIAN DOLLAR (12/9) 1.54 1.54 1.42

MEXICAN PESO (12/9)*** 9.955 9.964 8.139

TRADE-WEIGHTED DOLLAR INDEX (12/9) 106.9 107.5 109.4

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 (12/8) 4.66% 4.82% 5.29%

COMMERCIAL PAPER (12/8) 3-month 5.00 5.08 5.73

CERTIFICATES OF DEPOSIT (12/9) 3-month 5.12 5.19 5.81

FIXED MORTGAGE (12/4) 30-year 6.89 6.93 7.35

ADJUSTABLE MORTGAGE (12/4) one-year 5.74 5.71 5.72

PRIME (12/4) 7.75 7.75 8.50

Sources: Federal Reserve, HSH Associates, Bloomberg Financial Markets

#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. * Western Wood Products Assn. ** Southern

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

NM=Not meaningful

Return to top


The Aging of Abercrombie & Fitch
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus