PRODUCTION INDICATORS

LATEST WEEK YEARLY WEEK AGO % CHG STEEL 3/2 thous. of net tons 1,881 1,894# -5.4 AUTOS 3/2 units 103,017 115,758r# 14.4 TRUCKS 3/2 units 144,249 144,354r# 4.4 ELECTRIC POWER 3/2 millions of kilowatt-hrs. 70,078 67,343# 3.5 CRUDE-OIL REFINING 3/2 thous. of bbl./day 13,981 14,552# -6.1 COAL 2/23 thous. of net tons 22,216# 20,773 -1.8 LUMBER 2/23 millions of ft. 517.5# 490.2 9.9 RAIL FREIGHT 2/23 billions of ton-miles 28.7# 28.7 1.1

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 ECRI LEADING INDEX 2/22 1992=100 120.5 120.1r 0.7 STOCK PRICES 3/1 S&P 500 1131.8 1089.8 -8.3 CORPORATE BOND YIELD, Aaa 3/1 6.6% 6.5% -0.8 MONEY SUPPLY, M2 2/18 billions $5,503.1 $5,484.7r 9.1 INITIAL CLAIMS, UNEMPLOYMENT 3/1 thous. 376 381r 0.3 MORTGAGE APPLICATIONS, PURCHASE 3/1 335.4 315.5 4.2 MORTGAGE APPLICATIONS, REFINANCE 3/1 2351.7 1921.6 -7.5

Sources: Economic Cycle Research Institute, Standard & Poor's, Moody's, Fed- eral Reserve, Labor Dept., Mortgage Bankers Assn. (Index: March 16, 1990=100)

PRICES

LATEST WEEK YEARLY WEEK AGO % CHG GOLD 3/6 $/troy oz. 292.700 296.850 12.3 STEEL SCRAP 3/5 #1 heavy, $/ton 76.83 75.50 0.9 COPPER 3/1 cents/lb. 75.4 74.8 -11.9 ALUMINUM 3/1 cents/lb. 65.0 64.5 -12.8 COTTON 3/1 strict low middling 1-1/16 in., cents/lb. 31.96 30.50 -38.1 OIL 3/6 $/bbl. 22.94 21.12 -20.0 CRB FOODSTUFFS 3/5 1967=100 204.14 200.53 2.0 CRB RAW INDUSTRIALS 3/5 1967=100 227.64 225.42 -8.4

Sources: London Wednesday final setting, Iron Age Scrap Price Bulletin, Metals Week, Memphis market, NYMEX, Commodity Research Bureau

FOREIGN EXCHANGE

LATEST WEEK YEAR WEEK AGO AGO BRAZILIAN REAL 3/6 2.3580 2.3560 2.0411 BRITISH POUND 3/6 1.43 1.41 1.46 CANADIAN DOLLAR 3/6 1.58 1.60 1.55 EUROPEAN EURO 3/6 0.8794 0.8637 0.9299 JAPANESE YEN 3/6 128.02 133.99 120.01 KOREAN WON 3/6 1316.0 1318.8 1275.5 MEXICAN PESO 3/6 9.063 9.132 9.635 TRADE-WEIGHTED DOLLAR INDEX 3/6 123.7 125.0 117.6

Sources: Major New York banks. Currencies expressed in units per U.S. dollar, except for British Pound and European Euro in dollars. Trade-weighted dollar via J.P. Morgan.

INTEREST RATES

LATEST WEEK YEAR WEEK AGO AGO FEDERAL FUNDS 3/5 1.63% 1.77% 5.39% COMMERCIAL PAPER 3/5 3-month 1.81 1.78 4.93 CERTIFICATES OF DEPOSIT 3/6 3-month 1.85 1.82 5.02 FIXED MORTGAGE 3/1 30-year 6.88 6.91 7.19 ADJUSTABLE MORTGAGE 3/1 one-year 5.19 5.18 6.38 PRIME 3/1 4.75 4.75 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. 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