Steven Wood
Steven Wood
Steven Woodwas an Australian sprint canoeist and marathon canoeist who competed in the late 1980s and early 1990s. Competing in two Summer Olympics, he won a bronze medal in the K-4 1000 m event at Barcelona in 1992...
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Despite a robust economy and tight labor markets, inflation is still low and steady. These data provide some relief for the Federal Open Market Committee.
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Consumer optimism climbed higher in December after soaring in November. This followed huge back-to-back declines in the aftermath of Hurricanes Katrina and Rita and the associated surge in energy prices.
gain gentle katrina meltdown modest rebound sharp slowing soon trend
This month's modest gain indicates that the sharp rebound from the post-Hurricane Katrina meltdown has been completed. The gentle slowing trend that had been in place for much of 2005 may have been halted, but it is too soon to tell with any confidence.
beginning drop due factors major temporary weather wet
This drop may be more due to temporary factors like wet weather than the beginning of a major reversal in housing.
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Productivity has slowed during the past year because output has fallen more quickly than employment and hours have been trimmed.
apparent budget caused due efforts federal following katrina largely october relief timing
The narrowing of the budget shortfall in October is largely due to timing factors. Nevertheless, there is no apparent deterioration caused by the federal relief efforts following Hurricanes Katrina and Rita,
distorted effects figures foreign trade
The trade figures are distorted by the effects of foreign re-insurance on the World Trade Center. Nevertheless, international trade is contracting.
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The terrorist attacks are going to make a bad situation even worse.
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After adjusting for the storm effects, both initial and continuing claims appear to be near their pre-hurricane levels, indicating that labor markets remain strong despite the weak October payroll employment report.
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Graham Machinery Group?s goal is really not to have the infrastructure to support every small little company in the world, but to have more strategic relationships of value, with responsible growth.
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However, the jump in new orders was too narrowly concentrated in civilian aircraft and defense orders to offer much more than modest encouragement. Although the worst may be over for the manufacturing sector, any recovery is likely to be sluggish.
below flat generally hurricane leading levels months past since six trend volatile
The leading indicators have been much more volatile since Hurricane Katrina. However, the trend has been generally flat over the past six months, at levels that are well below where they were 12 to 18 months ago.
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The January gain in construction spending was surprisingly weak given the recent strength in housing starts and unseasonably warm weather.
continued corporate economic equity given level market optimism profits quite rising
The level of economic optimism is still quite high, especially given the continued sluggishness in the economy, rising joblessness, corporate profits warnings and equity market volatility,