PRODUCTION INDICATORS
      
                                                          LATEST      WEEK   YEARLY
                                                            WEEK       AGO    % CHG
      STEEL              2/24 thous. of net tons           1,961     1,915#    -5.4
      AUTOS              2/24 units                       79,600    79,600#   -16.2
      TRUCKS             2/24 units                      150,200   150,200#    -0.7
      ELECTRIC POWER     2/24 millions of kilowatt-hrs.   76,705    82,886#     0.1
      CRUDE-OIL REFINING 2/24 thous. of bbl./day          14,348    14,393#    -2.0
      COAL               2/17 thous. of net tons          21,379#   22,021     -1.5
      LUMBER             2/17 millions of ft.              320.5#    309.2    -16.1
      RAIL FREIGHT       2/17 billions of ton-miles         30.9#     31.7     -4.0
      
      Sources: American Iron & Steel Institute, Ward's Automotive Reports, Edison
      Electric Institute, American Petroleum Institute, Energy Dept., WWPA,
      Association of American Railroads
      
      
      LEADING INDICATORS
      
                                                         LATEST       WEEK   YEARLY
                                                           WEEK        AGO    % CHG
      ECRI LEADING INDEX               2/16 1992=100      139.3      138.9      1.4
      STOCK PRICES                     2/23 S&P 500      1451.2     1455.5     12.5
      CORPORATE BOND YIELD, Aaa        2/23                 5.4%       5.4%     0.6
      MONEY SUPPLY, M2                 2/12 billions   $7,097.3   $7,092.5      5.6
      INITIAL CLAIMS, UNEMPLOYMENT     2/24 thous.          338        331r     9.7
      MORTGAGE APPLICATIONS, PURCHASE  2/24               401.3      381.4      0.1
      MORTGAGE APPLICATIONS, REFINANCE 2/24              1943.5     1921.1     23.5
      
      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                2/28 $/troy oz.             664.200   661.250     17.7
      STEEL SCRAP          3/1 #1 heavy, $/ton         223.33    223.33     -0.4
      COPPER              2/23 cents/lb.               276.6     264.0      20.3
      ALUMINUM            2/23 cents/lb.               130.1     132.3      15.7
      COTTON              2/23 strict low middling      
                               1-1/16 in., cents/lb.    52.47     51.73     -6.4
      OIL                 2/28 $/bbl.                   61.72     59.12     -0.6
      CRB FOODSTUFFS      2/27 1967=100                288.38    288.23     19.2
      CRB RAW INDUSTRIALS 2/27 1967=100                451.36    444.72     22.0
      
      Sources: London Wednesday final setting, Metal Bulletin, Platt's Metals Week,
      Memphis market, NYMEX, Commodity Research Bureau
      
      
      FOREIGN EXCHANGE
      
                                                   LATEST        WEEK        YEAR
                                                     WEEK         AGO         AGO
      BRAZILIAN REAL                  2/28         2.1175      2.0773      2.1155
      BRITISH POUND                   2/28           1.96        1.95        1.75
      CANADIAN DOLLAR                 2/28           1.17        1.16        1.13
      EUROPEAN EURO                   2/28         1.3229      1.3139      1.1923
      JAPANESE YEN                    2/28         118.56      120.93      116.10
      KOREAN WON                      2/28          942.9       938.5       971.0
      MEXICAN PESO                    2/28         11.167      10.993      10.475
      TRADE-WEIGHTED DOLLAR INDEX     2/28           88.7        88.9        90.3
      
      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               2/27                5.27%        5.27%      4.52%
      COMMERCIAL PAPER            2/27  3-month       5.19         NA         NA
      CERTIFICATES OF DEPOSIT     2/27  3-month       5.31         5.31       4.78
      FIXED MORTGAGE              2/23  30-year       6.33         6.35       6.45
      ADJUSTABLE MORTGAGE         2/23  one-year      5.90         5.95       5.48
      PRIME                       2/27                8.25         8.25       7.50
      
      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. NA=Not
      available  r=revised  NM=Not meaningful
Before it's here, it's on the Bloomberg Terminal. LEARN MORE