PRODUCTION INDICATORS
LATEST WEEK YEARLY
WEEK AGO% CHG
STEEL 7/31 thous. of net tons 1,952 1,964# 3.3
AUTOS 7/31 units 92,283 59,749r# -12.3
TRUCKS 7/31 units 151,541 112,634r# 183.8
ELECTRIC POWER 7/31 millions of kilowatt-hrs. 81,391 87,139# -3.7
CRUDE-OIL REFINING 7/31 thous. of bbl./day 15,726 15,954# 1.2
COAL 7/24 thous. of net tons 20,914# 20,992 2.5
LUMBER 7/24 millions of ft. 574.8# 555.2r 14.1
RAIL FREIGHT 7/24 billions of ton-miles 30.2# 29.5 2.7
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 8/4 3.0609 3.0427 3.0525
BRITISH POUND 8/4 1.83 1.82 1.61
CANADIAN DOLLAR 8/4 1.32 1.33 1.40
EUROPEAN EURO 8/4 1.2047 1.2055 1.1334
JAPANESE YEN 8/4 111.13 111.65 120.28
KOREAN WON 8/4 1167.6 1167.3 1185.0
MEXICAN PESO 8/4 11.450 11.431 10.710
TRADE-WEIGHTED DOLLAR INDEX 8/4 94.4 94.6 98.0
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 8/3 1.24% 1.27% 1.00%
COMMERCIAL PAPER 8/3 3-month 1.55 1.53 1.04
CERTIFICATES OF DEPOSIT 8/3 3-month 1.65 1.61 1.08
FIXED MORTGAGE 7/30 30-year 6.20 6.13 6.08
ADJUSTABLE MORTGAGE 7/30 one-year 4.26 4.22 5.77
PRIME 8/3 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