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Business Week Index
BusinessWeek Index
PRODUCTION INDEXThe production index increased again during the week ended July 19. Beforecalculation of the four-week moving average, the index jumped to 126, from124.7 in the previous week. Seasonally adjusted output of autos and trucksincreased strongly, and unseasonably warm weather across parts of the nationboosted electric-power output as well. Production at crude-oil refineries, coalmines, steel mills and rail-freight traffic declined for the week.BW production index copyright 1997 Bloomberg L.P.PRODUCTION INDICATORS
LATEST WEEK YEARLY
WEEK AGO % CHG
STEEL (7/26) thous. of net tons 1,983 2,046 # 1.3
AUTOS (7/26) units 106,490 103,790 r# -14.4
TRUCKS (7/26) units 117,509 82,806 r# 9.8
ELECTRIC POWER (7/26) millions of kilowatt-hrs.74,851 77,484 # 2.8
CRUDE-OIL REFINING (7/26) thous. of bbl./day 14,827 14,919 # 5.2
COAL (7/19) thous. of net tons 20,710 # 19,420 0.9
LUMBER (7/19) millions of ft. 506.4 # 480.2 7.5
RAIL FREIGHT (7/19) billions of ton-miles 25.9 # 24.9 -0.8
Sources: American Iron & Steel Institute, Ward's Automotive Reports, Edison
Electric Institute, American Petroleum Institute, Energy Dept., WWPA1, SFPA2,
Association of American Railroads
LEADING INDICATORS
LATEST WEEK YEARLY
WEEK AGO % CHG
STOCK PRICES (7/25) S&P 500 938.79 915.30 47.6
CORPORATE BOND YIELD, Aaa (7/25) 7.09% 7.15% -7.0
INDUSTRIAL MATERIALS PRICES (7/25) 107.3 105.6 0.5
BUSINESS FAILURES (7/18) NA NA NA
REAL ESTATE LOANS (7/16) billions NA NA NA
MONEY SUPPLY, M2 (7/14) billions $3,926.1 $3,936.8r 4.8
INITIAL CLAIMS, UNEMPLOYMENT (7/19) thous. 299 341r -6.6
Sources: Standard & Poor's, Moody's, Journal of Commerce (index: 1990=100),
Federal Reserve, Labor Dept.
PRICES
LATEST WEEK YEARLY
WEEK AGO % CHG
GOLD (7/30)
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