The Dow Jones-Bank of Tokyo-Mitsubishi-UFJ weekly business barometer
was flat in early June, according to data released Thursday.
The barometer was unchanged in the week ended June 9 after falling a
revised 0.2%, first reported as a 0.1% drop, in the prior week.
The latest index was up 1.7% from its year-ago reading.
A statistically smoothed version of the index fell 0.1% after no
change in the prior week. The June 2 week index was first reported as
falling 0.1%.
The DJ-BTMU barometer is a weighted, 10-component index designed as a
coincident measure of overall economic activity. In the June 9 week,
six components decreased and four advanced. A 6.4% drop in electric
output and a 1.8% fall in coal production led the decliners. A 15.6%
jump in truck production and a 12.8% advance in mortgage applications
led the gainers.
Real chain store sales fell 0.7% in the latest week.
A separate DJ-BTMU index of production trends, which is drawn from the
six production-related components and which is statistically indexed
to the Federal Reserve's industrial production index, fell 0.1% after
dropping an unrevised 0.4% in the prior week.
For the full report and revisions, please see:
https://reports.us.bk.mufg.jp/portal/site
-Write Kathleen Madigan at kathleen.madigan@dowjones.com
(END) Dow Jones Newswires
June 21, 2012 10:00 ET (14:00 GMT)
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