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...
attitudes clearly consumer data
These data clearly show consumer attitudes at recessionary levels,
business concerns consumers cycle despite future optimistic remain turning typical
Consumers still remain optimistic about the future despite having some concerns about the present. This is very typical of a business cycle turning point,
alan attitudes chairman concerns consumer given regarding reserve seen
Given (Federal Reserve Chairman Alan Greenspan's) concerns regarding consumer attitudes this development has to be seen as worrisome.
although appears consumers due gains ready retail spending stronger throw
Retail spending was much stronger than anticipated. Although some of these gains were due to post-hurricane spending, it appears that consumers are not yet ready to throw in the towel.
activity although consumer less spending
Less refinancing activity should dampen consumer spending -- although that has not yet occurred.
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.
aftermath associated climbed consumer december declines energy followed higher huge katrina optimism rita soaring
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.
consumer offer partial restraint
This will offer some partial restraint to consumer spending.
absence activity consumer declines economic energy expect federal further higher housing inflation interest next quarters rates several slow spending welcomed
We still expect economic activity to slow over the next several quarters as consumer spending slows further and housing declines more because of higher interest rates and energy costs. The absence of inflation will be welcomed at the Federal Reserve.
consumer core holiday sentiment solid spending stronger translate
This stronger consumer sentiment may yet translate into solid core consumer spending for the holiday season.
accelerate although consumer creation finished job order quarters recent spending strength strong sustain
Although real consumer spending was strong it has slowed for two consecutive quarters and finished Q1 with very little momentum. In order to sustain recent strength in real consumer spending, job creation will need to accelerate further.
activity although buying consumer high home less longer relatively remains
Although home buying remains at relatively high levels, and though no longer robust, refinancing activity has slumped. Less refinancing activity should dampen consumer spending.
activity although buying consumer high home less longer relatively remains
Although home buying remains at relatively high levels, although no longer robust, refinancing activity has slumped. Less refinancing activity should dampen consumer spending.
activity although appear begun consumer demand domestic economies higher housing impact improving interest negative rates
Although higher interest rates appear to have begun to have a negative impact on housing activity and consumer spending, sturdy domestic demand and improving international economies have generated an acceleration in manufacturing activity.