Full text of U.S. Financial Data : January 27, 2000

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January 27, 2000

USFinancialData
THE WEEK’S HIGHLIGHTS:
■ According to the advance report, the value of new orders for
manufacturers’ durable goods increased 4.1 percent in December
to $212.9 billion. Increases in the value of new orders for electrical
(4.6 percent) and transportation (16.2 percent) equipment
accounted for this upswing. During the fourth quarter, however,
durable goods orders increased 0.4 percent, a marked slowing
from the 4.9 percent rise seen during the third quarter.
■ The Conference Board’s index of consumer confidence increased
three percentage points in January to 144.7 percent (1985=100).
January’s reading was the highest on record.
■ Previously-sold single-family home sales totaled 5.1 million units
at an annual rate in December, down 1.4 percent from November’s
pace. For the year, existing home sales totaled 5.2 million,
a record high number.
■ For the week ending Jan. 26, spot prices for West Texas Intermediate
(WTI) crude oil averaged $29.35 a barrel. Thus far, in January,
WTI spot prices have averaged $27.42, which is 119.9 percent
above the average posted for the month of January 1999, and
the highest since November 1990.
■ According to preliminary data, yields on U.S. 30-year Treasury
securities averaged 6.63 percent for the week ending Jan. 28, while
yields on U.S. 10-year Treasury securities averaged 6.69 percent.
The last time 30-year Treasury securities consistently traded
below 10-year securities was in June 1990.
All data are seasonally adjusted unless otherwise indicated.
U.S. Financial Data is published weekly by the Research Division of the Federal Reserve Bank of
St. Louis. For more information on data, please call (314) 444-8590. To be added to the mailing
list, please call (314) 444-8808 or (314) 444-8809.
Information in this publication is also included in the Federal Reserve Economic Data (FRED) electronic
bulletin board at (314) 621-1824 or internet World Wide Web server at www.stls.frb.org/fred.