12-month moving averages of leading business indicators.
Steady production gains brought industrial plant use to 83% of capacity, close to its optimum level.
Percent change in demand and savings deposits (M.sup.2)
The uptrend resumed as yearend portfolio switching subsided.
Prime six-month commercial paper-discount rate
The slight uptick could signal the beginning of a trend.
U.S. merchandise imports and exports (in billions of dollars)
Continued export growth offset rising imports keeping the trade gap on an even keel.
Civilian employment (in millions of workers employed)
Increased industrial output should stimulate employment demand in goods-producing industries.
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|Publication:||Journal of Accountancy|
|Date:||Jun 1, 1994|
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