PRODUCTION INDICATORS
LATEST WEEK YEARLY
WEEK AGO% CHG
STEEL 9/4 thous. of net tons 2,021 2,023# 15.3
AUTOS 9/4 units 78,781 83,921r# -4.4
TRUCKS 9/4 units 153,685 157,046r# 13.4
ELECTRIC POWER 9/4 millions of kilowatt-hrs. 82,982 83,904# 4.7
CRUDE-OIL REFINING 9/4 thous. of bbl./day 16,173 16,275# 3.1
COAL 8/28 thous. of net tons 21,815# 21,347 2.7
LUMBER 8/28 millions of ft. 577.0# 584.4r 5.0
RAIL FREIGHT 8/28 billions of ton-miles 31.8# 30.8 1.9
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, Iron Age Scrap Price
Bulletin, Metals Week, Memphis market, NYMEX, Commodity Research Bureau
FOREIGN EXCHANGE
LATEST WEEK YEAR
WEEK AGO AGO
BRAZILIAN REAL 9/8 2.9000 2.9351 2.8880
BRITISH POUND 9/8 1.79 1.79 1.59
CANADIAN DOLLAR 9/8 1.29 1.31 1.37
EUROPEAN EURO 9/8 1.2183 1.2188 1.1211
JAPANESE YEN 9/8 109.35 109.52 117.09
KOREAN WON 9/8 1149.2 1151.2 1170.1
MEXICAN PESO 9/8 11.586 11.436 10.921
TRADE-WEIGHTED DOLLAR INDEX 9/8 93.6 93.7 97.6
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 9/7 1.54% 1.55% 0.95%
COMMERCIAL PAPER 9/7 3-month NA 1.65 1.03
CERTIFICATES OF DEPOSIT 9/7 3-month 1.78 1.76 1.08
FIXED MORTGAGE 9/3 30-year 5.90 5.97 6.53
ADJUSTABLE MORTGAGE 9/3 one-year 4.09 4.10 4.19
PRIME 9/7 4.50 4.50 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