Production Index Components

PRODUCTION INDICATORS                                                          
      
                                                          LATEST     WEEK      
      YEARLY
                                                            WEEK      AGO       % 
      CHG
      STEEL               7/1  thous. of net tons           2,243     2,254#    13.3
      AUTOS               7/1  units                      107,609   117,482r#   19.1
      TRUCKS              7/1  units                      140,379   163,123r#    8.1
      ELECTRIC POWER      7/1  millions of kilowatt-hrs.   75,596    75,543#     1.3
      CRUDE-OIL REFINING  7/1  thous. of bbl./day          15,441    14,889#     3.4
      COAL                6/24 thous. of net tons          21,702#   20,628      8.5
      LUMBER              6/24 millions of ft.              526.9#    504.2r    -3.9
      RAIL FREIGHT        6/24 billions of ton-miles         27.2#     26.9      3.4
      
      Sources: American Iron & Steel Institute, Ward's Automotive Reports, Edison 
      Electric Institute, American Petroleum Institute, Energy Dept., WWPA, SFPAFD, 
      Association of American Railroads
      
      LEADING INDICATORS                                                             
      
                                                           LATEST      WEEK    
      YEARLY
                                                             WEEK       AGO     % 
      CHG
      ECRI LEADING INDEX                6/23  1992=100     124.9      125.0r   -0.5
      STOCK PRICES                      6/30  S&P 500    1454.60    1441.48     4.6
      CORPORATE BOND YIELD, Aaa         6/30                7.69%      7.81%    7.1
      MONEY SUPPLY, M2                  6/19  billions  $4,782.5   $4,773.8r    5.5
      INITIAL CLAIMS, UNEMPLOYMENT      6/23  thous.         296        308r   -1.3
      MORTGAGE APPLICATIONS, PURCHASE   6/30                  NA      305.8      NA
      MORTGAGE APPLICATIONS, REFINANCE  6/30                  NA      319.2      NA
      
      Sources: Economic Cycle Research Institute, 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                  7/5   $/troy oz.           286.850   288.000    11.6
      STEEL SCRAP           7/5   #1 heavy, $/ton       103.00    103.00    62.2
      COPPER                6/30   cents/lb.              85.6      85.7    24.1
      ALUMINUM              6/30   cents/lb.              76.8      75.8    21.6
      COTTON                6/30  strict low middling     
                                  1-1/16 in.,  cents/lb.  53.70    56.07     0.3
      OIL                   7/5   $/bbl.                  30.66    31.97    56.3
      CRB FOODSTUFFS        7/3   1967=100               182.89   185.77     2.5
      CRB RAW INDUSTRIALS   7/3   1967=100               256.95   258.04    -1.6
      
      Sources: London Wednesday final setting, Chicago market, Metals Week, Memphis 
      market, NYMEX, Commodity Research Bureau
      
      FOREIGN EXCHANGE                                                               
      
                                          LATEST         WEEK           YEAR
                                            WEEK          AGO            AGO
      BRAZILIAN REAL                7/5     1.8035     1.8195         1.7780
      BRITISH POUND                 7/5       1.51       1.51           1.56
      CANADIAN DOLLAR               7/5       1.49       1.48           1.47
      EUROPEAN EURO                 7/5     0.9525     0.9401         1.0222
      JAPANESE YEN                  7/5     106.96     105.57         122.17
      KOREAN WON                    7/5     1117.0     1116.1         1172.0
      MEXICAN PESO                  7/5      9.543      9.958          9.350
      TRADE-WEIGHTED DOLLAR INDEX   7/5      110.8      110.6          111.7
      
      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                    7/3                   7.03%   6.56%    5.03%
      COMMERCIAL PAPER                 7/3     3-month       6.55    6.58     5.10
      CERTIFICATES OF DEPOSIT          7/5     3-month       6.69    6.74     5.23
      FIXED MORTGAGE                   6/30    30-year       8.39    8.33     7.80
      ADJUSTABLE MORTGAGE              6/30    one-year      7.35    7.30     6.09
      PRIME                            6/30                  9.50    9.50     8.00
      
      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 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
      
      

To continue reading this article you must be a Bloomberg Professional Service Subscriber.