Online Extra: Production Index Components

PRODUCTION INDICATORS
      
                                                          LATEST      WEEK   YEARLY
                                                            WEEK       AGO    % CHG
      STEEL              8/18 thous. of net tons           2,078     2,043#    -0.2
      AUTOS              8/18 units                       73,520    73,520#   -13.6
      TRUCKS             8/18 units                      141,340   141,340#     6.9
      ELECTRIC POWER     8/18 millions of kilowatt-hrs.   94,455    96,955#     6.2
      CRUDE-OIL REFINING 8/18 thous. of bbl./day          15,412    15,443#    -1.0
      COAL               8/11 thous. of net tons          22,238#   22,474     -1.3
      LUMBER             8/11 millions of ft.              306.1#    293.0     -9.4
      RAIL FREIGHT       8/11 billions of ton-miles         34.5#     35.4     -0.6
      
      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               8/10 1992=100      141.8      141.9r     4.9
      STOCK PRICES                     8/17 S&P 500      1445.9     1453.6     11.0
      CORPORATE BOND YIELD, Aaa        8/17                 5.9%       5.8%     4.8
      MONEY SUPPLY, M2                  8/6 billions   $7,282.4   $7,284.3r     6.5
      INITIAL CLAIMS, UNEMPLOYMENT     8/18 thous.          322        324r     1.6
      MORTGAGE APPLICATIONS, PURCHASE  8/18               441.5      464.9     15.5
      MORTGAGE APPLICATIONS, REFINANCE 8/18              1806.3     1929.6     12.3
      
      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                8/22 $/troy oz.             659.500    667.250       5.0
      STEEL SCRAP         8/23 #1 heavy, $/ton         254.17     254.17      30.1
      COPPER              8/17 cents/lb.               336.9      349.9       -5.1
      ALUMINUM            8/17 cents/lb.               115.3      119.4       -0.7
      COTTON              8/17 strict low middling      
                               1-1/16 in., cents/lb.    54.53      57.64       4.4
      OIL                 8/22 $/bbl.                   69.46      73.43      -3.1
      CRB FOODSTUFFS      8/21 1967=100                315.73     320.60      18.0
      CRB RAW INDUSTRIALS 8/21 1967=100                487.28     497.15      19.6
      
      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                  8/22       1.9934       2.0562       2.1516
      BRITISH POUND                   8/22         1.99         1.99         1.89
      CANADIAN DOLLAR                 8/22         1.06         1.08         1.11
      EUROPEAN EURO                   8/22       1.3543       1.3442       1.2787
      JAPANESE YEN                    8/22       115.33       116.60       116.42
      KOREAN WON                      8/22        942.3        938.5        955.6
      MEXICAN PESO                    8/22       11.051       11.195       10.915
      TRADE-WEIGHTED DOLLAR INDEX     8/22         85.9         86.4         88.4
      
      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               8/21                4.89%      4.54%      5.24%
      COMMERCIAL PAPER            8/21  3-month       5.24       NA         5.21
      CERTIFICATES OF DEPOSIT     8/21  3-month       5.48       5.53       5.36
      FIXED MORTGAGE              8/17  30-year       7.02       6.99       6.62
      ADJUSTABLE MORTGAGE         8/17  one-year      6.26       6.21       6.03
      PRIME                       8/21                8.25       8.25       8.25
      
      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