[Economic Report of the President (2006)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-96.--Common stock prices and yields, 2000-2005
--------------------------------------------------------------------------------------------------------------------------------------------------------
Common stock prices \1\                            Common stock yields
----------------------------------------------------------------------------  (S&P) (percent) \4\
New York Stock Exchange indexes \2\ \3\               Standard    Nasdaq  ---------------------
(December 31, 2002=5,000)         Dow  Jones   & Poor's  composite
Year or month                     ------------------------------------------             composite    index    Dividend-  Earnings-
industrial    index     (Feb. 5,    price      price
Com-    Financial    Energy    Health     average     (1941-     1971=    ratio \5\  ratio \6\
posite                           Care        \2\       43=10)    100) \2\
-----------------------------------------------------------------------------------------------------------------\2\------------------------------------
2000..................................................  6,805.89  .........  .........  ........   10,734.90   1,427.22   3,783.67    1.15         3.63
2001..................................................  6,397.85  .........  .........  ........   10,189.13   1,194.18   2,035.00    1.32         2.95
2002..................................................  5,578.89  .........  .........  ........    9,226.43     993.94   1,539.73    1.61         2.92
2003..................................................  5,447.46   5,583.00   5,273.90  5,288.67    8,993.59     965.23   1,647.17    1.77         3.84
2004..................................................  6,612.62   6,822.18   6,952.36  5,924.80   10,317.39   1,130.65   1,986.53    1.72         4.89
2005..................................................  7,349.00   7,383.70   9,377.84  6,283.96   10,547.67   1,207.23   2,099.32    1.83     .........

2001: Jan.............................................  6,878.79  .........  .........  ........   10,682.74   1,335.63   2,656.86    1.16     .........
Feb.............................................  6,852.31  .........  .........  ........   10,774.57   1,305.75   2,449.57    1.22     .........
Mar.............................................  6,380.65  .........  .........  ........   10,081.32   1,185.85   1,986.66    1.33         3.92
Apr.............................................  6,418.94  .........  .........  ........   10,234.52   1,189.84   1,933.93    1.32     .........
May.............................................  6,814.16  .........  .........  ........   11,004.96   1,270.37   2,181.13    1.23     .........
June............................................  6,670.56  .........  .........  ........   10,767.20   1,238.71   2,112.05    1.27         3.00

July............................................  6,485.53  .........  .........  ........   10,444.50   1,204.45   2,033.98    1.30     .........
Aug.............................................  6,391.99  .........  .........  ........   10,314.68   1,178.51   1,929.71    1.34     .........
Sept............................................  5,756.20  .........  .........  ........    9,042.56   1,044.64   1,573.31    1.48         2.72
Oct.............................................  5,879.37  .........  .........  ........    9,220.75   1,076.59   1,656.43    1.45     .........
Nov.............................................  6,083.09  .........  .........  ........    9,721.82   1,129.68   1,870.06    1.38     .........
Dec.............................................  6,162.59  .........  .........  ........    9,979.88   1,144.93   1,977.71    1.36         2.15

2002: Jan.............................................  6,151.15  .........  .........  ........    9,923.80   1,140.21   1,976.77    1.38     .........
Feb.............................................  6,022.23  .........  .........  ........    9,891.05   1,100.67   1,799.72    1.43     .........
Mar.............................................  6,352.08  .........  .........  ........   10,500.95   1,153.79   1,863.05    1.37         2.15
Apr.............................................  6,212.88  .........  .........  ........   10,165.18   1,112.03   1,758.80    1.42     .........
May.............................................  6,087.85  .........  .........  ........   10,080.48   1,079.27   1,660.31    1.47     .........
June............................................  5,755.89  .........  .........  ........    9,492.44   1,014.05   1,505.49    1.58         2.70

July............................................  5,139.94  .........  .........  ........    8,616.52     903.59   1,346.09    1.76     .........
Aug.............................................  5,200.62  .........  .........  ........    8,685.48     912.55   1,327.36    1.72     .........
Sept............................................  4,980.65  .........  .........  ........    8,160.78     867.81   1,251.07    1.80         3.68
Oct.............................................  4,862.70  .........  .........  ........    8,048.12     854.63   1,241.91    1.86     .........
Nov.............................................  5,104.89  .........  .........  ........    8,625.72     909.93   1,409.15    1.73     .........
Dec.............................................  5,075.76  .........  .........  ........    8,526.66     899.18   1,387.15    1.77         3.14

2003: Jan.............................................  5,055.78   5,092.08   4,900.65  5,043.19    8,474.59     895.84   1,389.56    1.80     .........
Feb.............................................  4,738.56   4,723.86   4,802.42  4,788.19    7,916.18     837.62   1,313.26    1.95     .........
Mar.............................................  4,724.22   4,685.40   4,855.44  4,854.73    7,977.73     846.62   1,348.50    1.93         3.57
Apr.............................................  4,977.45   5,036.82   4,916.44  5,078.71    8,332.09     890.03   1,409.83    1.83     .........
May.............................................  5,269.96   5,357.20   5,190.65  5,316.27    8,623.41     935.96   1,524.18    1.75     .........
June............................................  5,583.42   5,690.39   5,522.45  5,557.87    9,098.07     988.00   1,631.75    1.66         3.55

July............................................  5,567.94   5,790.61   5,276.08  5,457.98    9,154.39     992.54   1,716.85    1.71     .........
Aug.............................................  5,580.87   5,776.36   5,368.25  5,263.19    9,284.78     989.53   1,724.82    1.78     .........
Sept............................................  5,748.42   5,897.76   5,453.23  5,402.56    9,492.54   1,019.44   1,856.22    1.73         3.87
Oct.............................................  5,894.39   6,187.33   5,552.99  5,428.31    9,682.46   1,038.73   1,907.89    1.71     .........
Nov.............................................  5,989.42   6,282.53   5,474.84  5,521.85    9,762.20   1,049.90   1,939.25    1.69     .........
Dec.............................................  6,239.14   6,475.68   5,973.31  5,751.14   10,124.66   1,080.64   1,956.98    1.67         4.38

2004: Jan.............................................  6,569.76   6,827.35   6,323.29  6,000.57   10,540.05   1,132.52   2,098.00    1.62     .........
Feb.............................................  6,661.38   6,978.62   6,337.87  6,134.16   10,601.50   1,143.36   2,048.36    1.63     .........
Mar.............................................  6,574.75   6,914.60   6,455.53  5,908.76   10,323.73   1,123.98   1,979.48    1.68         4.62
Apr.............................................  6,600.77   6,792.05   6,638.65  6,028.53   10,418.40   1,133.08   2,021.32    1.68     .........
May.............................................  6,371.44   6,495.19   6,572.79  6,022.12   10,083.81   1,102.78   1,930.09    1.74     .........
June............................................  6,548.06   6,683.10   6,780.86  6,063.65   10,364.90   1,132.76   2,000.98    1.70         4.92

July............................................  6,443.45   6,569.52   6,971.57  5,823.34   10,152.09   1,105.85   1,912.42    1.77     .........
Aug.............................................  6,352.83   6,566.19   6,866.75  5,733.68   10,032.80   1,088.94   1,821.54    1.81     .........
Sept............................................  6,551.90   6,773.95   7,270.08  5,890.05   10,204.67   1,117.66   1,884.73    1.78         5.18
Oct.............................................  6,608.98   6,792.44   7,593.71  5,668.02   10,001.60   1,118.07   1,938.25    1.79     .........
Nov.............................................  6,933.75   7,118.40   7,773.26  5,818.20   10,411.76   1,168.94   2,062.87    1.74     .........
Dec.............................................  7,134.42   7,354.73   7,843.99  6,006.46   10,673.38   1,199.21   2,149.53    1.72         4.83

2005: Jan.............................................  7,056.85   7,282.65   7,841.24  5,970.34   10,539.51   1,181.41   2,071.87    1.77     .........
Feb.............................................  7,241.89   7,377.10   8,646.71  6,052.78   10,723.82   1,199.63   2,065.74    1.76     .........
Mar.............................................  7,275.51   7,274.12   9,077.38  6,148.03   10,682.09   1,194.90   2,030.43    1.79         5.11
Apr.............................................  7,077.97   7,014.98   8,793.74  6,253.05   10,283.19   1,164.42   1,957.49    1.86     .........
May.............................................  7,094.02   7,092.20   8,513.39  6,432.30   10,377.18   1,178.28   2,005.22    1.86     .........
June............................................  7,238.96   7,199.86   9,122.87  6,408.88   10,486.68   1,202.26   2,074.02    1.83         5.32

July............................................  7,389.23   7,373.25   9,607.53  6,342.76   10,545.38   1,222.24   2,145.14    1.82     .........
Aug.............................................  7,482.93   7,374.01  10,034.26  6,383.81   10,554.27   1,224.27   2,157.85    1.82     .........
Sept............................................  7,584.49   7,435.85  10,672.51  6,412.24   10,532.54   1,225.91   2,144.61    1.84         5.42
Oct.............................................  7,373.23   7,368.60   9,915.63  6,270.83   10,324.31   1,191.96   2,087.09    1.90     .........
Nov.............................................  7,585.75   7,800.01   9,998.62  6,297.57   10,695.25   1,237.37   2,202.84    1.85     .........
Dec.............................................  7,787.22   8,011.76  10,310.18  6,434.97   10,827.79   1,262.07   2,246.09    1.84     .........
--------------------------------------------------------------------------------------------------------------------------------------------------------
\1\ Averages of daily closing prices.
\2\ Includes stocks as follows: for NYSE, all stocks listed (in 2005, about 2,800); for Dow Jones Industrial average, 30 stocks; for S&P composite
index, 500 stocks; and for Nasdaq composite index, in 2005, over 3,100.
\3\ The NYSE relaunched the composite index on January 9, 2003, incorporating new definitions, methodology, and base value. Subset indexes on financial,
energy, and health care were released by the NYSE on January 8, 2004.
\4\ Based on 500 stocks in the S&P composite index.
\5\ Aggregate cash dividends (based on latest known annual rate) divided by aggregate market value based on Wednesday closing prices. Monthly data are
averages of weekly figures, annual data are averages of monthly figures.
\6\ Quarterly data are ratio of earnings (after taxes) for 4 quarters ending with particular quarter to price index for last day of that quarter. Annual
data are averages of quarterly ratios.

Sources: New York Stock Exchange (NYSE), Dow Jones & Co., Inc., Standard & Poor's (S&P), and Nasdaq Stock Market.