[Economic Indicators February, 2002] [Page Number 31] [From the U.S. Government Publishing Office, www.gpo.gov] COMMON STOCK PRICES AND YIELDS After falling in February, stock prices rose in early March. ____________________________________________________________________________________________________________________________________________ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Common stock prices \1\ Common stock yields ------------------------------------------------------------------------------------------------------------- (percent) \7\ New York Stock Exchange indexes (Dec. 31, 1965=50, except as Nasdaq ------------------------ Period noted) \2\ Dow Jones Standard & composite --------------------------------------------------------------- industrial Poor's composite index (Feb. Dividend- Earnings- average \4\ index (1941- 5, 1971=100) price ratio price Composite Industrial Transportation Utility \3\ Finance 43=10) \5\ \6\ ratio ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1992...................................................... 229.01 284.62 201.09 198.91 179.26 3,284.29 415.74 599.26 2.99 4.22 1993...................................................... 249.58 299.99 242.49 228.90 216.42 3,522.06 451.41 715.16 2.78 4.46 1994...................................................... 254.12 315.25 247.29 209.06 209.73 3,793.77 460.42 751.65 2.82 5.83 1995...................................................... 291.15 367.34 269.41 220.30 238.45 4,493.76 541.72 925.19 2.56 6.09 1996...................................................... 358.17 453.98 327.33 249.77 303.89 5,742.89 670.50 1,164.96 2.19 5.24 1997...................................................... 456.54 574.52 414.60 283.82 424.48 7,441.15 873.43 1,469.49 1.77 4.57 1998...................................................... 550.26 681.57 468.69 378.12 516.35 8,625.52 1,085.50 1,794.91 1.49 3.46 1999...................................................... 619.16 774.78 491.60 473.73 530.86 10,464.88 1,327.33 2,728.15 1.25 3.17 2000...................................................... 643.66 810.63 413.60 477.65 553.13 10,734.90 1,427.22 3,783.67 1.15 3.63 2001...................................................... 605.07 748.26 443.59 377.30 595.61 10,189.13 1,194.18 2,035.00 1.32 .......... 2001:Feb.................................................. 648.05 799.38 482.26 424.53 626.41 10,774.57 1,305.75 2,449.57 1.22 .......... Mar................................................. 603.44 744.21 452.36 395.34 583.38 10,081.32 1,185.85 1,986.66 1.33 3.92 Apr................................................. 607.06 747.48 455.22 400.49 587.88 10,234.52 1,189.84 1,933.93 1.32 .......... May................................................. 644.44 798.94 477.21 414.69 618.74 11,004.96 1,270.37 2,181.13 1.23 .......... June................................................ 630.86 782.73 458.60 382.98 622.17 10,767.20 1,238.71 2,112.05 1.27 3.00 July................................................ 613.36 756.04 469.80 374.11 614.54 10,444.50 1,204.45 2,033.98 1.30 .......... Aug................................................. 604.52 748.65 458.39 357.76 605.59 10,314.68 1,178.51 1,929.71 1.34 .......... Sept................................................ 544.39 672.89 382.68 339.72 538.01 9,042.56 1,044.64 1,573.31 1.48 2.72 Oct................................................. 556.04 688.35 371.56 341.51 553.16 9,220.75 1,076.59 1,656.43 1.45 .......... Nov................................................. 575.30 715.98 410.05 330.78 577.85 9,721.82 1,129.68 1,870.06 1.38 .......... Dec ................................................ 582.82 727.67 433.70 325.33 585.47 9,979.88 1,144.93 1,977.71 1.36 .......... 2002:Jan.................................................. 581.74 723.56 446.13 322.49 591.94 9,923.80 1,140.21 1,976.77 1.38 .......... Feb................................................. 569.55 715.80 453.51 301.32 570.18 9,891.05 1,100.67 1,799.72 1.43 .......... Week ended: 2002:Feb9................................................. 560.78 703.52 445.25 298.98 562.97 9,679.12 1,088.87 1,821.55 1.45 .......... 16.............................................. 573.43 719.53 451.19 302.90 577.80 9,928.64 1,111.72 1,837.72 1.41 .......... 23.............................................. 565.77 713.27 451.90 297.28 562.21 9,872.29 1,088.03 1,741.74 1.44 .......... Mar2................................................ 580.03 730.58 470.98 305.11 577.15 10,172.71 1,113.44 1,764.57 1.42 .......... 9 ............................................. 599.92 750.59 497.46 318.57 606.67 10,538.48 1,156.92 1,885.46 1.36 .......... ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ Average of daily closing prices. \2\ Includes all the stocks (nearly 3,000) listed on the NYSE. \3\ Dec. 31, 1965=100. Effective April 27, 1993 the NYSE doubled the value of the utility index to facilitate trading of options and futures on the index. All indexes shown here reflect the doubling. \4\ Includes 30 stocks. \5\ Includes 500 stocks. \6\ Includes over 4,000 stocks. \7\ Standard & Poor's series. Dividend-price ratios based on Wednesday closing prices. Earnings- price ratios based on prices at end of quarter. Sources: New York Stock Exchange, Dow Jones & Company, Inc., Standard & Poor's, and the National Association of Securities Dealers, Inc.