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Business Week Index


Business Week Index

BusinessWeek Index

PRODUCTION INDEXThe production index was unchanged for the week ended Aug. 16. Beforecalculation of the four-week moving average, the index fell to 126, from 127.3.In the latest week, seasonally adjusted output of autos and trucks were downsharply, and rail-freight traffic dropped as well. Electric-power outputbounced back strongly as temperatures returned to the high readings that arenormal for mid-August. Production of lumber, steel, and crude-oil refining alsoincreased.BW production index copyright 1997 Bloomberg L.P.PRODUCTION INDICATORS

LATEST WEEK YEARLY

WEEK AGO % CHG

STEEL (8/23) thous. of net tons 2,027 2,029 # 4.6

AUTOS (8/23) units 117,785 116,502 r# -6.6

TRUCKS (8/23) units 121,546 117,356 r# 7.7

ELECTRIC POWER (8/23) millions of kilowatt-hrs. 72,763 74,381 # -1.7

CRUDE-OIL REFINING (8/23) thous. of bbl./day 15,308 15,194 # 7.0

COAL (8/16) thous. of net tons 21,052 # 21,429 -2.3

LUMBER (8/16) millions of ft. 480.5 # 477.4 1.7

RAIL FREIGHT (8/16) billions of ton-miles 26.8 # 26.8 0.4

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

STOCK PRICES (8/22) S&P 500 923.54 900.81 38.5

CORPORATE BOND YIELD, Aaa (8/22) 7.22 % 7.26 % -3.5

INDUSTRIAL MATERIALS PRICES (8/22) 107.1 107.9 -2.5

BUSINESS FAILURES (8/15) NA NA NA

REAL ESTATE LOANS (8/13) billions NA NA NA

MONEY SUPPLY, M2 (8/11) billions $3,950.1 $3,945.1 r 5.1

INITIAL CLAIMS, UNEMPLOYMENT (8/16) thous. 337 317 1.2

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

Federal Reserve, Labor Dept.

PRICES

LATEST WEEK YEARLY

WEEK AGO % CHG

GOLD (8/27)

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