ID Index Has Largest Gain Since February

As of Friday, July 27th, the index is up a smashing 25.71 points on the week for a total value of 732.03, a gain of about 4% . . .

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After several large losses in the last two months, followed by a few marginal gains, the ID Index experiences its largest two-week gain yet, adding 25.71 points since the last index on July 16th, 2012.

Two months ago, the ID Index suffered an exceptionally large loss of 54.39. One month ago, the index plunged again with a total loss of 31.23 points on the week. It regained a decent portion of the losses and appears to once again be heading in the right direction, last week holding very steady, and this week exploding forward with the largest gain in months.

One disclaimer: Please consider that market values may have changed slightly since the close of business on Friday, July 27th, 2012.

A week ago, the ID Index came in at 706.32 after a slight gain of 1.29 points. As of Friday, July 27th, the index is up a smashing 25.71 points on the week for a total value of 732.03, a gain of about 4%.

W.W. Grainger (GWW) continues its lead of the index gaining an impressive 17.94 points (about 9%) for a total of 208.16.

Lawson Products is once again the lowest valued stock coming in at 9.50 points, with a slight loss of less than 1% (.12 points).

Other economic data worth noting:

  • $1 = 0.82 Euros, remains unchaged.
  • A gallon of regular gas is averaging $3.48 in the U.S., and $3.70 a year ago.
  • Crude oil is currently trading at $89.83, versus $87.10/barrel two weeks ago.
  • Natural gas is currently at $3.02/BTU, up .16 since last index.
  • Gold is at $1618.00/Troy ounce, up 16.00 on the week after several large losses.
  • Copper is at $3.41/pound, down slighty.

Manufacturing Index

Manufacturer

Last Week

This Week

3M (MMM)

88.28

91.41

United Technologies (UTX)

73.44

74.27

General Electric (GE)

19.53

20.79

Boeing (BA)

73.06

74.60

Dow Industrial (DIA)

127.27

130.33

Deere & Co. (DE)

77.28

78.86

General Motors (GM)

19.55

19.55

Ford Motor Company (F)

9.23

9.04

Caterpillar (CAT)

81.70

86.62

Dow Chemical (DOW)

30.30

29.10

Lear Corporation (LEA)

37.92

36.36

Illinois Tool Works (ITW)

50.56

55.14

Questions? Comments? Concerns? Is there a publicly traded manufacturer that you would like to see listed? Let me know at abbigail.kriebs@advantagemedia.com.

The ID Index is comprised of your publicly-traded peer companies that we can track in offering some insight on the comparative health of industrial distribution. All of these companies are found in our Big 50, with their rankings ranging from #3 to #32. Each week we’ll offer a look at how the index performed collectively, as well as individually. Additional, pertinent economic data will also be included from time to time.

 

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