Tuesday, July 31, 2012

Dalton Jones Index Sheds 15 Points In July

FenwayNation's Dalton Jones Industrial Average (DJIA) experienced a major decline in July—dropping 15.0 points to 92.2. The Index lost nearly all of its June gains, and now stands well below the normalized benchmark level of 100.0. In July, DJIA Panel members gave the highest confidence ratings to the team's offense, followed very closely by the defense and relief pitching. Once again, starting pitching got the lowest rating—nearly twenty points lower than the next lowest element.

FenwayNation offers its readers this monthly reading of "The Mood Of The Nation" through our exclusive Dalton Jones Industrial Average. Named for the all-time Red Sox pinch-hit leader, the average is a composite index of four key metrics: starting pitching, relief pitching, total offense and total defense. The initial 2012 preseason reading from our panel was normalized and set to 100.0 as the benchmark reading for the remainder of the year. The editors of FenwayNation have selected a panel of readers from throughout the world to weigh in every month on the state of the Carmine Hose. The Index number—and its fluctuation up or down—has proven, over the years,  to be an accurate bellwether of actual performance.