Printer Friendly

Business trends; 12-month moving averages of leading business indicators.

Index of industrial production

The moving average now stands lower than one year ago, erasing all of 1990's production gains.

Percent change in demand and savings deposits [M.sup.2]

Active intervention by the Fed in February helped on halt the slowdown in demand and savings deposits.

Prime six-month commercial paper-discount rate

On a moving average basis, rates have now dropped over 1 percentage point since February, 1990.

Bank real estate loans (in billions of dollars)

Another spurt in growth followed an easing of mortgage rates.

Civilian employment (in millions of workers employed)

Growth in service-producing jobs has come to a halt, but goods producing jobs continue to dwindle.
COPYRIGHT 1991 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Journal of Accountancy
Article Type:illustration
Date:Aug 1, 1991
Words:109
Previous Article:Proposals to revise and delay statement no. 96 and to clarify offsetting.
Next Article:PCPS survey finds optimistic tone at small companies.
Topics:


Related Articles
Survey: firms looking abroad see more growth.
ABLI economist: 'Hang on til June'.
By the numbers. (Briefing).
SKY'S THE LIMIT AS INDEX IGNITES : 10,000 HO!
MUTUAL FUNDS UP IN FIRST QUARTER : INVESTORS UNSHAKEN BY RECENT SHORT-TERM STOCK DROPS.
UNEMPLOYMENT DECLINES .2% IN FEBRUARY.
Affordability, low rates driving real estate market. (Timmins: Special Report).
Positive trends evident: corrections anticipated in local markets.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters