Online Extra: Production Index Components

PRODUCTION INDICATORS
                                                    LATEST       WEEK    YEARLY
                                                      WEEK        AGO%      CHG
      
      STEEL 9/9 thous. of net tons                   2,067      2,053#      2.9
      AUTOS 9/9 units                               98,500     85,080#     40.1
      TRUCKS 9/9 units                             147,900    132,200#      7.8
      ELECTRIC POWER 9/9 millions of kilowatt-hrs.  78,027     84,076#     -3.3
      CRUDE-OIL REFINING 9/9 thous. of bbl./day     16,060     16,115#     11.4
      COAL 9/2 thous. of net tons                   22,749#    22,681       9.3
      LUMBER 9/2 millions of ft.                     352.7#     343.0      -2.9
      RAIL FREIGHT 9/2 billions of ton-miles          34.9#      34.3       4.2
      
      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 9/1 1992=100            135.5       135.1      -0.4
      STOCK PRICES 9/8 S&P 500                  1298.9      1311.0       4.6
      CORPORATE BOND YIELD, Aaa 9/8                5.6%        5.5%     10.3
      MONEY SUPPLY, M2 8/28 billions          $6,876.1    $6,882.6r     4.5
      INITIAL CLAIMS, UNEMPLOYMENT 9/9 thous.      308         313r    -26.5
      MORTGAGE APPLICATIONS, PURCHASE 9/9        410.2       389.7     -20.1
      MORTGAGE APPLICATIONS, REFINANCE 9/9      1597.0      1594.7     -27.4
      
      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    EARLY
                                             WEEK       AGO%     CHG
      
      GOLD 9/13 $/troy oz.                589.000   635.400     31.1
      STEEL SCRAP 9/13 #1 heavy, $/ton     198.00    232.50    -16.4
      COPPER 9/8  cents/lb.                 370.7     350.1    110.4
      ALUMINUM 9/8  cents/lb.               121.0     116.5     39.0
      COTTON 9/8 strict low
       middling 1-1/16 in.,  cents/lb.      51.23     52.48     -2.5
      OIL 9/13 $/bbl.                       64.17     67.69     -2.1
      CRB FOODSTUFFS 9/12 1967=100         268.53    270.35      8.1
      CRB RAW INDUSTRIALS 9/12 1967=100    403.27    406.25     22.2
      
      Sources: London Wednesday final setting, Iron Age Scrap Price Bulletin,
      Platt's Metals Week, Memphis market, NYMEX, Commodity Research Bureau
      
      FOREIGN EXCHANGE
                                         LATEST     WEEK     YEAR
                                           WEEK      AGO      AGO
      
      BRAZILIAN REAL 9/13                2.1597   2.1500   2.3205
      BRITISH POUND 9/13                   1.88     1.88     1.82
      CANADIAN DOLLAR 9/13                 1.12     1.11     1.18
      EUROPEAN EURO 9/13                 1.2690   1.2806   1.2286
      JAPANESE YEN 9/13                  117.68   116.65   110.38
      KOREAN WON 9/13                     959.0    957.1   1025.4
      MEXICAN PESO 9/13                  10.983   10.984   10.821
      TRADE-WEIGHTED DOLLAR INDEX 9/13     89.0     88.5     90.1
      
      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 9/12                       5.21%   5.26%    3.45%
      COMMERCIAL PAPER 9/11 3-month            5.21      NA       NA
      CERTIFICATES OF DEPOSIT 9/12 3-month     5.35    5.34     3.84
      FIXED MORTGAGE 9/8 30-year               6.53    6.55     5.87
      ADJUSTABLE MORTGAGE 9/8 one-year         5.97    6.00     4.83
      PRIME 9/12                               8.25    8.25     6.50
      
      Sources: Federal Reserve, HSH Associates, Bloomberg Financial Markets
      
      # Raw data in the production indicators are seasonally adjusted in computing
      the BW index; other components (estimated and not listed) include machinery
      and defense equipment. 1=Western Wood Products Assn. 2=Southern Forest
      Products Assn. no longer included. Historical data has been adjusted.
      3=Free market value NA=Not available r=revised NM=Not meaningful
       
    Before it's here, it's on the Bloomberg Terminal.
    LEARN MORE