The production index fell slightly during the week ended Apr. 8. Before 
      calculation of the four-week moving average, the index dropped more sharply, to 
      121.9, from 123.1. Declines in the seasonally adjusted output of rail freight, 
      autos, and paperboard led the decline.
      The leading index edged higher in the latest week. The unaveraged index fell a 
      bit, to 255.2 from 255.3. That reflected slower growth rates for materials 
      prices and M2.
      BW production index copyright 1994 Bloomberg L.P.   BW leading index 
      copyright 1994 by CIBCR
      
      PRODUCTION INDICATORS
      
                                              LATEST          WEEK        YEARLY
                                              WEEK            AGO         % CHG
      STEEL (4/15) thous. of net tons         1,970           1,995#        3.2
      AUTOS (4/15) units                      111,450         132,725r#   -23.2
      TRUCKS (4/15) units                     93,755          118,109r#   -23.7
      ELECTRIC POWER (4/15)
       millions of kilowatt-hrs.              54,301          54,197#       1.9
      CRUDE-OIL REFINING (4/15)
       thous. of bbl./day                     13,615          13,512#       1.0
      COAL (4/8) thous. of net tons           19,673#         20,953       -3.4
      PAPERBOARD (4/8) thous. of tons         894.0#          931.7r        4.5
      PAPER (4/8) thous. of tons              848.0#          860.0r        5.9
      LUMBER (4/8) millions of ft.            425.4#          436.4        -8.4
      RAIL FREIGHT (4/8)
       billions of ton-miles                  23.6#           24.4          5.8
      Sources: American Iron & Steel Institute, Ward's Automotive Reports, Edison 
      Electric Institute, American Petroleum Institute, Energy Dept., American Forest 
      & Paper Association, WWPA1, SFPA2, Association of American Railroads
      
      LEADING INDICATORS
      
                                              LATEST          WEEK        YEARLY
                                              WEEK            AGO         % CHG
      STOCK PRICES (4/14) S&P 500             507.24          505.04       13.4
      CORPORATE BOND YIELD, Aaa (4/14)        8.04%           8.05%         2.2
      INDUSTRIAL MATERIALS PRICES (4/14)      114.7           114.0        NA*
      BUSINESS FAILURES (4/7)                 351             304          59.5
      REAL ESTATE LOANS (4/5) billions        $471.6          $470.2r      10.6
      MONEY SUPPLY, M2 (4/3) billions         $3,599.5        $3,606.5r     1.4
      INITIAL CLAIMS,
      UNEMPLOYMENT (4/1) thous.               342             338           1.8
      Sources: Center for International Business Cycle Research (CIBCR), Standard & 
      Poor's, Moody's, Journal of Commerce (index: 1990=100), Dun & Bradstreet 
      (failures of large companies), Federal Reserve, Labor Dept. CIBCR seasonally 
      adjusts data on business failures and real estate loans. *Historical data 
      available from CIBCR.
      
      PRICES
      
                                              LATEST          WEEK        YEARLY
                                              WEEK            AGO         % CHG
      GOLD (4/19) $/troy oz.                  395.550         390.050       5.4
      STEEL SCRAP (4/18) #1 heavy, $/ton      137.50          137.50        0.0
      COPPER (4/15)  cents/lb.                141.5           143.3        56.0
      ALUMINUM (4/15)  cents/lb.              90.0            91.8         43.8
      COTTON (4/15) strict low
       middling 1-1/16 in.,  cents/lb.        106.76          99.59        40.8
      OIL (4/18) $/bbl.                       20.10           19.84        19.6
      Sources: London Wednesday final setting, Chicago market, Metals Week, Memphis 
      market, NYMEX
      
      INTEREST RATES
      
                                              LATEST          WEEK          YEAR
                                              WEEK            AGO           AGO
      FEDERAL FUNDS (4/18)                    5.98%           5.91%         3.59%
      COMMERCIAL PAPER (4/18) 3-month         6.10            6.13          4.11
      CERTIFICATES OF DEPOSIT (4/19) 3-month  6.11            6.12          4.08
      FIXED MORTGAGE (4/14) 30-year           8.57            8.61          8.42
      ADJUSTABLE MORTGAGE (4/14) one-year     6.35            6.40          5.02
      PRIME (4/19)                            9.00            9.00          6.39
      Sources: Federal Reserve, HSH Associates, Reuters Holdings PLC
      
      FOREIGN EXCHANGE
      
                                              LATEST          WEEK        YEAR
                                              WEEK            AGO         AGO
      JAPANESE YEN (4/19)                     81.23           83.88       103.77
      GERMAN MARK (4/19)                      1.36            1.40          1.69
      BRITISH POUND (4/19)                    1.62            1.59          1.49
      FRENCH FRANC (4/19)                     4.82            4.89          5.80
      ITALIAN LIRA (4/19)                     1713.1          1723.8     1620.0
      CANADIAN DOLLAR (4/19)                  1.37            1.38          1.38
      MEXICAN PESO (4/19)3                    6.165           6.175         3.366
      Sources: Major New York banks. Currencies expressed in units per U.S. dollar, 
      except for British pound in dollars
      
      #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.    3=Free market value   NA=Not available   r=revised   NM=Not 
      meaningful
      
Before it's here, it's on the Bloomberg Terminal. LEARN MORE