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...
confirm continue data sector
These data continue to confirm that the manufacturing sector is in recession.
above combined rise suggest
These data, combined with everything else that has been reported, suggest that Q1 GDP should rise comfortably above 1.0 percent,
attitudes clearly consumer data
These data clearly show consumer attitudes at recessionary levels,
consistent data domestic economic improving
These data are consistent with still-strong domestic and improving international economic activity.
consistent data economic slower solid
These data are consistent with slower but still solid economic activity.
based both broader cause concerns consistent data economic gains improvement measures power pricing reflects restrained slightly
These data are consistent with slightly better pricing power for both importers and exporters, which reflects the improvement in international economic activity. However, the gains are sufficiently restrained as to not cause any concerns about broader based measures of inflation.
consistent data employment gains payroll
These data are broadly consistent with payroll employment gains in the 200,000 to 250,000 (monthly) range.
activity add data economic evidence growing likely
These data add to the growing evidence that economic activity has slowed and that any re-acceleration is likely to be short-lived.
activity economic federal sign slowing welcomed
The slowdown in manufacturing activity will be welcomed at the Federal Reserve, where any sign of economic slowing will be cheered.
broken employment growth historical level payroll relationship strong
The strong historical relationship between the level of the help-wanted index and the year-on-year growth of payroll employment has broken down completely.
adjustment due factory inventory largely spring
The spring slowdown in factory activity, due largely to an inventory adjustment cycle, is now history,
durable factory goods growth indicate pace quite reports sector signals slowing suggest type
The signals in the manufacturing sector have become quite mixed. The diffusion indices suggest a slowing pace of growth while the factory and durable goods reports indicate an acceleration. In the past, when this type of divergence has occurred, the diffusion indices have usually been the better indicator.
claims continuing further hiring labor last layoffs market pace peak rise surpass taking
Even as the pace of layoffs has ebbed, no new hiring is taking place, so continuing claims will rise even further and surpass their peak in the last recession. Labor market deterioration is continuing with no end in sight.
employment fallen hours output past quickly year
Productivity has slowed during the past year because output has fallen more quickly than employment and hours have been trimmed.