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...
although both building clear improving inventory likely occurred orders provides recovering recovery related shipments staying support trend
There is a clear improving trend in orders which provides support for the recovering manufacturing sector, ... Although some of the inventory building that occurred was likely Y2K related and will be reversed in the new year, the acceleration of both shipments and backlogs suggests that the manufacturing recovery has substantial staying power.
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It is our family's prayer that both of these gentlemen will become valuable members of this society.Only time will tell with Cam Hall, but we're hopeful that what he says is real.
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.
activity both couple definitely direct economic fade next
Housing-related activity has definitely slowed and its contributions to economic growth, both direct and indirect, will fade over the next couple of quarters.
across activity both broad business consumer declines industrial reflecting
Industrial activity is contracting across a broad set of industries, reflecting the declines in both consumer and business spending.
adjusting appear both claims continuing despite employment initial labor markets near october payroll remain storm strong weak
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.
above boost current economic estimate growth help overall
This will help boost overall economic growth to above 4 percent; our current (third-quarter) estimate is 4.5.
although declines drop few further gradually higher hints likely maximum output period rate ratio sales weakness
There are a few tentative hints -- higher new orders, a drop in the inventory-to-sales ratio -- that the period of maximum weakness has likely passed. Although further declines in output are anticipated, the rate of decline should gradually diminish.
consumer debt employment gains growth households income judicious remain spending taking
With employment gains non-existent, income growth has slowed. As households also become more judicious in taking on more debt, consumer spending will remain soft.
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This relative stability has been remarkable given the ebbs and flows in job creation, the equity markets, the conflict in Iraq, the election campaign, interest rates and gasoline prices.
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With a longer-term view, layoffs have accelerated, job creation has slowed, and joblessness has increased.
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While good gains in productivity are economically favorable, it is not a good situation when this occurs because labor input is declining more rapidly than output.
budget deficit january since time
This was the first time that the January budget has been in deficit since 1992.
august force hand remains
While this will not force the Fed's hand at this week's meeting, an August tightening remains a real possibility.