Full text of U.S. Financial Data : July 12, 2001
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
July 12, 2001 USFinancialData THE WEEK’S HIGHLIGHTS: ■ Prices of goods imported into the U.S. fell 0.5 percent in June, the fourth decline in the past five months. After rising 4.6 percent in May, prices of petroleum products fell 1.3 percent in June. Prices of nonpetroleum goods fell 0.4 percent, the fifth consecutive decline. Measured from a year earlier, total import prices have declined 2.6 percent, while petroleum prices are down 12.7 percent and nonpetroleum prices have dropped 1.1 percent. ■ For the week ending Wednesday, July 11, the Federal Reserve Board’s value of the U.S. dollar (major currency index) measured 106.6 (1973=100), its highest value since the week ending June 27, 1986, and up 9.8 percent from 52 weeks earlier. ■ From the average of the four weeks ending Jan. 1, 2001, to the average of the four weeks ending July 2, the MZM (money zero maturity) monetary aggregate has increased at a 23.7 percent annual rate. Over the same period, the M2 aggregate has risen at a 10.9 percent rate. By contrast, from December 1999 to December 2000, MZM rose 8 percent and M2 increased 6.3 percent (see pages 3 and 8). ■ In June, the number of jobs at nonfarm establishments fell 114,000, bringing the total decline during the April-June period to 271,000. Manufacturing payrolls fell 113,000 in June and have declined 785,000 during the past 11 months. The unemployment rate averaged 4.5 percent during the second quarter, up 0.5 percentage points since the fourth quarter of 2000. 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) 444-8809. Information in this publication is also included in the Federal Reserve Economic Data (FRED) data base on the internet at www.stls.frb.org/fred.