Business Week Index
Change from last week: 0.3%
Change from last year: 3.9%
The production index rose during the week ended June 25. Seasonally adjusted
output of autos, trucks, crude-oil refining, coal, paperboard, and rail-freight
traffic all increased. Electric power output fell back after the end of a heat
wave in the East and lumber and paper production dropped as well. Steel output
was unchanged from the previous week. Before calculation of the four-week
moving average, the index fell to 197.6, from 197.8.
BW production index copyright 1994 Bloomberg L.P.
Change from last week: 0%
Change from last year: 7.6%
The leading index was unchanged during the week ended June 25. Sharply lower
stock prices and higher bond yields combined with slower growth rates in
materials prices, real estate loans, and M2 money supply to signal slower U.S.
economic growth in coming months. Data on large-business failures were
unavailable. Before calculation of the four-week moving average, the index
dropped to 236.7, from a revised 238.2 in the previous week.
Leading index copyright 1994 by Center for International Business Cycle Research