Businessweek Archives

Business Week Index


Business Week Index

BusinessWeek Index

PRODUCTION INDEX

The production index edged down during the week ended July 6. Before calculation of the four-week moving average, the index fell to 130.9, from 132.1. Auto and truck plants were closed for most of the week in observance of Independence Day, and many lumber mills shut down for yearly maintenance. Seasonally adjusted output of steel and rail-freight traffic increased for the week.

The leading index will be unavailable for an indefinite period of time.PRODUCTION INDICATORS

LATEST WEEK YEARLY

WEEK AGO % CHG

STEEL (7/13) thous. of net tons 1,941 2,005# 0.8

AUTOS (7/13) units 50,646 11,904r# 26.8

TRUCKS (7/13) units 32,446 10,522r# 122.6

ELECTRIC POWER (7/13)

millions of kilowatt-hrs. 70,594 69,553# -5.1

CRUDE-OIL REFINING (7/13)

thous. of bbl./day 14,147 14,160# -2.7

COAL (7/6) thous. of net tons 13,554# 17,815 14.1

PAPERBOARD (7/6) thous. of tons 883.7# 910.0r -0.7

PAPER (7/6) thous. of tons 771.0# 800.0r -7.4

LUMBER (7/6) millions of ft. 300.2# 474.0 29.2

RAIL FREIGHT (7/6)

billions of ton-miles 21.3# 24.3 2.9

Sources: American Iron & Steel Institute, Ward's Automotive Reports, Edison

Electric Institute, American Petroleum Institute, Energy Dept., American

Forest & Paper Association, WWPA1, SFPA2, Association of American Railroads

LEADING INDICATORS

LATEST WEEK YEARLY

WEEK AGO % CHG

STOCK PRICES (7/12) S&P 500 646.19 657.44 15.6

CORPORATE BOND YIELD, Aaa (7/12) 7.89% 7.79% 6.8

INDUSTRIAL MATERIALS PRICES (7/12) 106.2 105.6 -8.1

BUSINESS FAILURES (7/5) NA NA NA

REAL ESTATE LOANS (7/3) billions $521.8 $508.2 6.6

MONEY SUPPLY, M2 (7/1) billions NA NA NA

INITIAL CLAIMS, UNEMPLOYMENT

(6/29) thous. 351 354r -4.6

Sources: Standard & Poor's, Moody's, Journal of Commerce (index: 1990=100),

Dun & Bradstreet (failures of large companies), Federal Reserve, Labor Dept.

PRICES

LATEST WEEK YEARLY

WEEK AGO % CHG

GOLD (7/17) $/troy oz. 383.400 383.000 -1.5

STEEL SCRAP (7/16)

#1 heavy, $/ton 133.50 133.50 -5.0

COPPER (7/13) cents/lb. 93.7 92.5 -35.8

ALUMINUM (7/13) cents/lb. 70.0 69.5 -19.5

COTTON (7/13) strict low middling

1-1/16 in., cents/lb. 76.55 76.43 -20.9

OIL (7/16) $/bbl. 22.24 21.30 28.3

Sources: London Wednesday final setting, Chicago market, Metals Week, Memphis market, NYMEX

FOREIGN EXCHANGE

LATEST WEEK YEAR

WEEK AGO AGO

JAPANESE YEN (7/17) 108.66 110.08 87.48

GERMAN MARK (7/17) 1.49 1.52 1.39

BRITISH POUND (7/17) 1.55 1.55 1.59

FRENCH FRANC (7/17) 5.03 5.16 4.82

ITALIAN LIRA (7/17) 1522.0 1534.3 1604.4

CANADIAN DOLLAR (7/17) 1.37 1.37 1.36

MEXICAN PESO (7/17)3 7.648 7.611 6.140

Sources: Major New York banks. Currencies expressed in units per U.S. dollar,

except for British pound in dollars

INTEREST RATES

LATEST WEEK YEAR

WEEK AGO AGO

FEDERAL FUNDS (7/16) 5.20% 5.14% 5.72%

COMMERCIAL PAPER (7/17)

3-month 5.55 5.54 5.77

CERTIFICATES OF DEPOSIT (7/17)

3-month 5.54 5.55 5.75

FIXED MORTGAGE (7/12) 30-year 8.55 8.36 7.64

ADJUSTABLE MORTGAGE (7/12)

one-year 6.15 6.07 5.78

PRIME (7/16) 8.25 8.25 8.75

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

Return to top


Video Game Avenger
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus