1.-The interest rate spread between 10-year Treasury notes and the
federal funds rate.
On Aug. 19, the day Google went public, the 10-Year Treasury note
yielded 4.21% compared to 1.50% for the federal funds rate, for a
spread of 2.71%.
Source: Wall Street Journal, Aug. 20
2.-The inflation-adjusted, M2 measure of the money supply.
The seasonably adjusted M2 money supply was nearly $6.3 trillion in July.
Source: http://www.dallasfed.org/data/data/m2m.tab.htm
3.-The average manufacturing workweek.
The July manufacturing workweek (the latest available ? released Aug.
6) was 40.9 hours, up marginally and roughly in line with recent
months.
Source: Proprietary source
4.-Manufacturers' new orders for consumer goods and materials.
$367.22 billion in manufactured goods were ordered in June (the latest
available ? released Aug. 4), up 0.7% from May orders.
Source: Proprietary source
5.-The S&P 500 measure of stock prices.
The S&P 500 Index closed at $1,091.23 on Aug. 19.
Source: Wall Street Journal, Aug. 20
6.-The vendor performance component of the NAPM index.
The NAPM is now the ISM (Institute for Supply Management). The ISM
index no longer uses vendor performance, but the Supplier Deliveries
component fell to 64.2 in July from 68.1 in June. August numbers will
be available Sept. 1.
Source: http://www.ism.ws/ISMReport/ROB082004.cfm
7.-The average level of weekly initial claims for unemployment insurance.
331,000 people filed claims in the week ending Aug. 14. The four-week
moving average was 337,000 people.
Source: Proprietary source
8.-Building permits.
2,055,000 building permits were filed in July (the latest available ?
released Aug. 17).
Source: Proprietary source
9.-The University of Michigan index of consumer expectations.
August level was 94, representing consumer sentiment. Down from 96.7
in July. The expectations portion of the index fell to 84.7, while the
present conditions portion rose to 108.4.
Source: Proprietary source
10.-Manufacturers' new orders for nondefense capital goods.
Manufacturers ordered $63,699,000,000 in nondefense capital goods in
June (the latest month available). July orders will be released Aug.
25.
Source: Proprietary source
Search strategy: None. Just accessed a subscription service and
visited Web sites I knew. |
Clarification of Answer by
vercingatorix-ga
on
24 Aug 2004 06:41 PDT
Sorry you didn't like my answer. But I provided the data I thought you
wanted. There are two reasons why I thought you just wanted the
indicators:
First, the Google IPO doesn't really have any relation to the average
manufacturing work week or building permits or unemployment claims or
most of the factors you mentioned. In fact, of all the indicators you
mentioned, the only one affected is the S&P 500 stock price, and as
Google is not in the index, that effect is indirect at best. Any
economist will tell you the specific effects of one piece of
information (in the context of thousands of pieces of information from
a given day) on a broad market index are impossible to calculate. And
that's the only factor for which any calculation can even be
attempted.
Second, you were offering $15. That's an appropriate price for
providing the economic indicators, which required a lot of Web
clicking to assemble. Coming up with some theoretical model on how
Google will affect building permits would take hours of research, if
it's possible at all. And that's just for one factor.
V
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