[Economic Indicators October, 2002]
[Page Number 31]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
COMMON STOCK PRICES AND YIELDS

Stock prices fell in early October and then rose.
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                                                                                                      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
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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        2.95
 
2001: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        2.15
 
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  ..........
      Mar.................................................     600.74      751.79        490.51        316.27      609.72    10,500.95        1,153.79        1,863.05          1.37        2.15
      Apr.................................................     587.58      732.71        470.00        300.57      610.24    10,165.18        1,112.03        1,758.80          1.42  ..........
      May.................................................     575.75      718.12        459.55        287.10      603.15    10,080.48        1,079.27        1,660.31          1.47  ..........
      June................................................     544.36      677.58        449.42        265.21      577.05     9,492.44        1,014.05        1,505.49          1.58        2.70
      July................................................     486.11      603.04        416.10        230.19      524.01     8,616.52          903.59        1,346.09          1.76  ..........
      Aug.................................................     491.84      611.34        409.96        225.52      533.60     8,685.48          912.55        1,327.36          1.72  ..........
      Sept................................................     471.04      589.14        388.19        210.76      506.05     8,160.78          867.81        1,251.07          1.80  ..........
      Oct.................................................     459.88      574.45        383.41        207.83      494.06     8,048.12          854.63        1,241.91          1.86  ..........
 
Week ended:
2002:Oct5.................................................     447.86      561.08        376.47        200.76      477.94     7,706.38          822.13        1,175.71          1.91  ..........
          12..............................................     433.35      545.92        364.35        194.91      454.46     7,518.97          799.97        1,147.31          2.04  ..........
          19..............................................     466.70      583.19        386.61        204.86      505.40     8,153.31          869.26        1,259.11          1.84  ..........
          26..............................................     477.57      594.24        397.14        216.83      518.13     8,448.80          893.23        1,310.51          1.76  ..........
      Nov2................................................     475.16      588.19        393.87        223.32      517.73     8,415.81          889.96        1,326.71          1.77  ..........
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    \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.