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...
attacks cuts demand expected factory further impact industries next production reported sector seem terrorist
The Sept. 11 terrorist attacks seem to have had little impact on the factory sector so far. However, many industries have already reported further production cuts as demand has waned. A more substantial contraction is expected next month.
economic growth next six slow three weakness
Weakness in the composite index suggests that economic growth will slow over the next three to six months.
economic growth moderate movements next recent suggest
The recent movements in the index suggest only moderate economic growth over the next 6 to 9 months.
hands meeting monetary next regarding tip unlikely week
With the next FOMC meeting only another week away, it is unlikely any of them will tip their hands regarding monetary policy,
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.
bias data despite ease economic fed force further gloomy next past report retain toward tuesday
Despite some better-than-expected data over the past two weeks, this report is sufficiently gloomy to force the Fed to ease next Tuesday and retain their bias toward further economic weakness.
despite gain growth next outlook six sluggish
Despite this gain the outlook is still for sluggish growth over the next six months,
activity coming decline generate housing huge increase likely mild next severe weather
Unseasonably mild weather in January, coming after unseasonably severe weather in December, generated a huge increase in housing starts. Moreover, February's weather is likely to generate a big decline in housing activity next month.
continue early employment likely next october payroll percent
Payroll employment for October will plunge sharply and unemployment will continue to rise, likely breaching 6 percent by early next year,
consumer early economy-and-economics gains income increased major next recession slowing support
Slowing income gains and increased uncertainty have savaged consumer spending. This has removed the only major support for the economy, insuring the recession will last, at least, into early next year.
beginning confidence consumer creation equity flat growth home housing income job markets mortgage next past rates sales several since suggest
Housing fundamentals are deteriorating. Mortgage rates have been flat since the beginning of the year. Job creation and income growth has slowed. Equity markets have plunged over the past year. And consumer confidence has tumbled. Moreover, mortgage applications have trailed off. All of these suggest that home sales should weaken over the next several months.
beginning confidence consumer creation equity flat growth home housing income job markets mortgage next past rates sales several since suggest
Housing fundamentals are deteriorating, ... Mortgage rates have been flat since the beginning of the year. Job creation and income growth has slowed. Equity markets have plunged over the past year. And consumer confidence has tumbled. Moreover, mortgage applications have trailed off. All of these suggest that home sales should weaken over the next several months.
economic federal growth housing largely negative neutral next passed past peak several welcomed
Housing activity, which has contributed significantly to economic growth over the past 2-1/2 years, has now passed its peak and will be largely neutral to negative over the next several quarters, ... This slowdown will be welcomed at the Federal Reserve.
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.