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How business, doctors and journalists prey on your food anxieties I

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The Forbes Index ; :967=! 001<br />

275 ~. ---- -"<br />

Current 2E4 .7 '<br />

265 ---<br />

V. Previous 255 .8'<br />

255 -" Percent chanye -0 d %<br />

245 _C.<br />

235<br />

225<br />

215<br />

205<br />

195<br />

185<br />

175<br />

165<br />

155<br />

The trade deficit hit an unexpectedly high S1L4 billi<strong>on</strong><br />

in Ma}', the latest m<strong>on</strong>th for which figures are availaUle .<br />

~ Sam Kahan, chief ec<strong>on</strong>omist at Fuji Securities in<br />

: Chicago, notes that the Mesican financial crisis damp-<br />

+d ened dem<str<strong>on</strong>g>and</str<strong>on</strong>g> for U .Sgoods there <str<strong>on</strong>g>and</str<strong>on</strong>g> throughout<br />

Latin America . bieamvhile, the dollar remained «-eak<br />

{ against the yen . "A high yen is making Japan's trade surplus<br />

with the II .S, appear larger than it is," says Kahan,<br />

who thinks that within a year the dollar %yill rebound to<br />

; 100 yen, narrowing the trade gap .<br />

Other key rates Source Status '<br />

`Mme ra[e ' Chau Manhat'an Bank 8,75%<br />

Artosalesyearlodaters1994' Ward'sAUhmolrrc -- -4<br />

'<br />

.4%IndexpfleadinLindicatorsMepvsApr DeptolCOmmerce -0.2% q<br />

irade balance' 12 m<strong>on</strong>ths ended May 1995 Dept cI Cemmerce -5118 biI 3<br />

AII-commoditypraducerpriceindex'lunevsMay OeptcfLaJar 0,25,<br />

60P1stpuartervs4th-annualizedyrdwtb Oeptorfummurce 2 .7% 3<br />

MT'I7-m<strong>on</strong>th chanqel-annualized prawth Fcderal Rai 4<br />

.-~<br />

.9% ~_<br />

' 11 .5: b3Yd<br />

.',amul3t{ur852YGIUjeS'LT]YtSi a5 ]7 d)Q'95, aFdal "S 3rd avcd!<br />

'IntluGss M1(pub6e curenry <str<strong>on</strong>g>and</str<strong>on</strong>g> checY<br />

:og deuositsl plus uvlnR aecounis <str<strong>on</strong>g>and</str<strong>on</strong>g> mWSy market `unEs . ?<br />

Index comp<strong>on</strong>ents<br />

'.he Forbes Index is a measure of U .S . ecoocmic act[viN<br />

composed of 8 equally weigh ;ed elements . The cost of<br />

services relative to all cor.sumer prices, the level of new<br />

orders for duratle goods compared with mam.factsrers'<br />

inventories, total industrial producti<strong>on</strong>, cew :-ousirg<br />

starts, perwnal income, new c',aims ter unemployment<br />

compensati<strong>on</strong>, `.c :dl retail Sales, total c<strong>on</strong>sumer<br />

installment aedR.<br />

-a measure these 8 elements, FOeeES m<strong>on</strong>itor ; 10<br />

serles of U .S . governmerS data . The last 14 m<strong>on</strong>ths'<br />

data for each seles are presented :n these charts.<br />

0 Services • totalindex N Inventories • Newartlers<br />

260 _;=<br />

allurban rnnsumes,unaEfusted(Oau uflaYir) I ($bdlicrel .seasnally adlustedlC•AtofCnnrtvicel<br />

.'_<br />

155 --'C.-1'- _ 3450 :"<br />

125<br />

95<br />

3250<br />

. . .<br />

114<br />

Industrlalpraducll<strong>on</strong>Intlex(1997_!001,<br />

seascnal~y ajjus;k (i&eral Rererre)<br />

.vl++ . :.~-r .-~~~ ._ . . . . .<br />

385<br />

65<br />

~ tlewhoaslnQStartsltsous<str<strong>on</strong>g>and</str<strong>on</strong>g>slpnvatelro.netl,<br />

y unaujazlWNeptafianmercel<br />

200 :-<br />

~ 3i50 - - -- -`-`-"- _ _ _ _ _<br />

~ Perspnallncomel$Jilllars/waaaarnsalary<br />

~ es0orsemants,seawnallyadlu4ed(OeptctCunmeul<br />

190 ~<br />

i<br />

i80<br />

310<br />

New unemployment claims aaerap: Ir acnm<br />

ILlousa-ndsl.seawnaliy adjustetl(CeptcfLxr)<br />

17<br />

Netail sales j9bil torsl,<br />

seasenallywlusled IDept of Camaere<br />

825<br />

pnsumer installmenl credit (4SSbzsi<br />

sai adjusted IFccaral Rexrvel<br />

38 2046673295<br />

Forbes a August 14, 1995<br />

http://legacy.library.ucsf.edu/tid/agf97d00/pdf

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