PRODUCTION INDICATORS
LATEST WEEK YEARLY
WEEK AGO% CHG
STEEL 7/24 thous. of net tons 1,964 1,991# 3.2
AUTOS 7/24 units 68,699 38,714r# -24.8
TRUCKS 7/24 units 122,369 45,191r# -2.9
ELECTRIC POWER 7/24 millions of kilowatt-hrs. 87,139 85,742# 3.3
CRUDE-OIL REFINING 7/24 thous. of bbl./day 15,954 15,481# 3.0
COAL 7/17 thous. of net tons 20,992# 19,889 2.9
LUMBER 7/17 millions of ft. 554.7# 464.0r 10.0
RAIL FREIGHT 7/17 billions of ton-miles 29.5# 26.2 2.8
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
Sources: Economic Cycle Research Institute, Standard & Poor's, Moody's,
Federal Reserve, Labor Dept., Mortgage Bankers Assn. (Index: March 16,
1990=100)
Sources: London Wednesday final setting, Institute of Scrap Recycling
Industries, Metals Week, Memphis market, NYMEX, Commodity Research Bureau
FOREIGN EXCHANGE
LATEST WEEK YEAR
WEEK AGO AGO
BRAZILIAN REAL 7/28 3.0427 3.0283 2.9685
BRITISH POUND 7/28 1.82 1.84 1.62
CANADIAN DOLLAR 7/28 1.33 1.32 1.40
EUROPEAN EURO 7/28 1.2055 1.2260 1.1345
JAPANESE YEN 7/28 111.65 109.80 120.27
KOREAN WON 7/28 1167.3 1159.1 1179.9
MEXICAN PESO 7/28 11.431 11.476 10.477
TRADE-WEIGHTED DOLLAR INDEX 7/28 94.6 93.9 97.7
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 7/27 1.27% 1.25% 1.04%
COMMERCIAL PAPER 7/27 3-month 1.53 1.50 1.05
CERTIFICATES OF DEPOSIT 7/27 3-month 1.61 1.57 1.07
FIXED MORTGAGE 7/23 30-year 6.13 6.16 6.08
ADJUSTABLE MORTGAGE 7/23 one-year 4.22 4.17 5.77
PRIME 7/27 4.25 4.25 4.00
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 and not 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