Production Indicators
                                   Latest     Week  % Change
                                    week      ago   year ago
STEEL (1/2) thous. of net tons      1,762    1,684 #   1.4
AUTOS (1/2) units                       0   73,621 r#   NM
TRUCKS (1/2) units                      0   59,701 r#   NM
ELECTRIC POWER (1/2) millions of kilowatt-hours 
                                   54,120   57,257 #    2.1
CRUDE-OIL REFINING (1/2) thous. of bbl./day
                                   13,311   13,176 #    0.5
COAL (12/26) thous. of net tons    14,461 # 19,749     10.4
PAPERBOARD (12/26) thous. of tons    NA #    785.2 r    NA
PAPER (12/26) thous. of tons         NA #    745.0 r    NA
LUMBER (12/26) millions of ft.      267.9 #  490.1     23.9
RAIL FREIGHT (12/26) billions of ton-miles
                                     15.9 #   22.1      9.7
Sources: American Iron & Steel Institute, Ward's Automotive Reports, Edison 
Electric Institute, American Petroleum Institute, Energy Dept., American Paper 
Institute, WWPA1, SFPA2, Association of American Railroads

Foreign Exchange
                          Latest   Week   Year
                           week     ago   ago
JAPANESE YEN (1/6)         125      125     126 
GERMAN MARK (1/6)         1.63     1.62    1.56
BRITISH POUND (1/6)       1.54     1.51    1.83
FRENCH FRANC (1/6)        5.56     5.52    5.31
CANADIAN DOLLAR (1/6)     1.28     1.27    1.15
SWISS FRANC (1/6)         1.49     1.47    1.39
MEXICAN PESO (1/6) superscript 3
                         3.093    3.116   3.077

Sources: Major New York banks. Currencies expressed in units per U.S. dollar, 
except for British pound expressed in dollars

Prices
                                       Latest      Week   % Change
                                        week       ago    year ago
GOLD (1/6) $/troy oz.                  329.600   332.900    -6.7
STEEL SCRAP (1/5) #1 heavy, $/ton       92.50     95.00     -1.6
FOODSTUFFS (1/4) index, 1967=100       198.4     199.5      -1.4
COPPER (1/2)  /lb.                     106.0     104.5       4.7
ALUMINUM (1/2)  /lb.                    57.1      57.5      10.9
WHEAT (1/2) #2 hard, $/bu.               3.72      3.74    -11.4
COTTON (1/2) strict low middling 1-1/16 in.,  /lb. 
                                        52.31     51.54     -2.8

Sources: London Wednesday final setting, Chicago market, Commodity Research 
Bureau, Metals Week, Kansas City market, Memphis market

Leading Indicators
                                             Latest      Week  % Change
                                              week      ago  year ago
STOCK PRICES (1/1) S&P 500                  437.92    439.95    5.0
CORPORATE BOND YIELD, Aaa (1/1)               7.88 %    7.93 % -3.5
INDUSTRIAL MATERIALS PRICES (1/1)            97.9      97.7     4.8
BUSINESS FAILURES (12/25)                   323       384      12.9
REAL ESTATE LOANS (12/23) billions         $400.0    $402.5    -0.7
MONEY SUPPLY, M2 (12/21) billions        $3,428.6  $3,432.5 r   0.0
INITIAL CLAIMS, UNEMPLOYMENT (12/19) thous. 360       360     -17.4

Sources: Standard & Poor's, Moody's, Journal of Commerce (index: 1980=100), Dun 
& Bradstreet (failures of large companies), Federal Reserve Board, Labor Dept. 
CIBCR seasonally adjusts data on business failures and real estate loans

Monthly Economic Indicators
                                                Latest   Month  % Change
                                                 month     ago  year ago
PURCHASING MANAGERS' INDEX (Dec.) billions       55.9 %   55.0 %   17.9
CONSTR. SPENDING (Nov.) annual rate, billions  $441.8   $432.8 r   10.1
12 LEADING INDICATORS COMPOSITE (Nov.) index    150.3    149.1      3.7
FACTORY INVENTORIES (Nov.) billions            $381.8   $383.7     -1.7

Sources: Natl. Assn. of Purc. Mgmt., Census Bureau, Commerce Dept.

Monetary Indicators
                                    Latest     Week  % Change
                                      week     ago    year ago
MONEY SUPPLY, M1 (12/21)             $1,019.6  $1,021.5 r 13.5
BANKS' BUSINESS LOANS (12/23)           277.2     278.6   -5.8
FREE RESERVES (12/23)                 1,279       742 r   17.1
NONFINANCIAL COMMERCIAL PAPER (12/16)   145.0     152.1 r 10.2

Sources: Federal Reserve Board (in billions, except for free reserves, which 
are expressed for a two-week period in millions)

Money Market Rates
                                      Latest   Week  Year
                                       week    ago    ago
FEDERAL FUNDS (1/5)                   3.33 %   2.86 %  4.19 %
PRIME (1/6)                           6.00     6.00    6.50 
COMMERCIAL PAPER 3-MONTH (1/5)        3.36     3.51    7.15 
CERTIFICATES OF DEPOSIT 3-MONTH (1/5) 3.26     3.34    4.15 
EURODOLLAR 3-MONTH (1/1)              3.34     3.38    4.16 

Sources: Federal Reserve Board, First Boston

#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.