Businessweek Archives

Business Week Index


Business Week Index

BusinessWeek Index

The production index dipped in the week ended Jan. 30. The unaveraged index also fell, from 143.0 to 142.9. After seasonal adjustment, coal production dropped 2.1%, with the largest declines in the states of Alabama and Virginia. Output of autos, trucks, steel, oil, and rail freight were also down. Only electric-power output and lumber posted gains. The monthly index for January was 142.3, down 0.1% from December's index of 142.4.

LEADING INDICATORS

LATEST WEEK YEARLY

WEEK AGO % CHG

STOCK PRICES (2/5) S&P 500 1239.40 1279.64 22.4

CORPORATE BOND YIELD, Aaa (2/5) 6.40% 6.16% -4.3

MONEY SUPPLY, M2 (1/25) billions $4,434.0 $4,435.6r 8.7

INITIAL CLAIMS, UNEMPLOYMENT (1/29) thous. 292 301r -3.9

MORTGAGE APPLICATIONS, PURCHASE (2/5) 253.5 272.9 1.6

MORTGAGE APPLICATIONS, REFINANCE (2/5) 1,654.0 1,741.7 -18.5

Sources: Standard & Poor's, Moody's, Federal Reserve, Labor Dept., Mortgage Bankers Assn. (Index: March 16, 1990=100)

INTEREST RATES

LATEST WEEK YEAR

WEEK AGO AGO

FEDERAL FUNDS (2/9) 4.73% 4.56% 5.44%

COMMERCIAL PAPER (2/9) 3-month 4.79 4.76 5.42

CERTIFICATES OF DEPOSIT (2/10) 3-month 4.89 4.88 5.55

FIXED MORTGAGE (2/5) 30-year 6.86 6.84 7.16

ADJUSTABLE MORTGAGE (2/5) one-year 5.69 5.68 5.70

PRIME (2/5) 7.75 7.75 8.50

Sources: Federal Reserve, HSH Associates, Bloomberg Financial MarketsPRODUCTION INDICATORS

LATEST WEEK YEARLY

WEEK AGO % CHG

STEEL (2/6) thous. of net tons 1,959 2,011# -10.1

AUTOS (2/6) units 102,803 123,660r# -8.4

TRUCKS (2/6) units 147,991 153,868r# 9.2

ELECTRIC POWER (2/6) millions of kilowatt-hrs. 65,044 64,258# 0.2

CRUDE-OIL REFINING (2/6) thous. of bbl./day 14,412 14,223# 1.8

COAL (1/30) thous. of net tons 22,452# 22,005 9.7

LUMBER (1/30) millions of ft. 550.3# 502.0 15.2

RAIL FREIGHT (1/30) billions of ton-miles 27.1# 26.6 5.0

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

Electric Institute, American Petroleum Institute, Energy Dept., WWPA1, SFPA2,

Association of American Railroads

PRICES

LATEST WEEK YEARLY

WEEK AGO % CHG

GOLD (2/10) $/troy oz. 288.200 286.850 -3.4

STEEL SCRAP (2/9) #1 heavy, $/ton 84.00 84.00 -40.2

COPPER (2/5) cents/lb. 68.6 68.0 -14.4

ALUMINUM (2/5) cents/lb. 58.8 59.0 -19.2

COTTON (2/5) strict low middling

1-1/16 in., cents/lb. 58.43 57.76 -8.2

OIL (2/9) $/bbl. 11.46 12.04 -29.2

CRB FOODSTUFFS (2/9) 1967=100 199.46 200.24 -11.5

CRB RAW INDUSTRIALS (2/9) 1967=100 262.40 262.14 -11.2

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

market, NYMEX, Commodity Research Bureau

FOREIGN EXCHANGE

LATEST WEEK YEAR

WEEK AGO AGO

BRAZILIAN REAL (2/10) 1.8950 1.7800 1.1261

BRITISH POUND (2/10) 1.63 1.64 1.63

CANADIAN DOLLAR (2/10) 1.49 1.51 1.44

EUROPEAN EURO (2/10) 1.1313 1.1345 NA

JAPANESE YEN (2/10) 114.13 112.34 123.53

KOREAN WON (2/10) 1180.0 1170.0 1600.0

MEXICAN PESO (2/10)3 10.060 10.108 8.465

TRADE-WEIGHTED DOLLAR INDEX (2/10) 106.2 106.0 108.9

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.

#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


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus