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...
activity balance continued declines fed further helped high housing labor last likely markets mortgage rates relatively rising robust sustain
With last week's Fed tightening, mortgage rates have continued to rise, so that further declines in housing activity are likely over the balance of the year. Nevertheless, robust labor markets and rising incomes have helped sustain housing at a relatively high level.
data despite economy federal inflation labor low market open provide relief robust tight
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.
appears capital factory few generate jobs quarter robust solid spending strong third track volumes
Volumes are still strong enough to generate a few new factory jobs amid robust productivity gains. Moreover, capital spending appears to be on track for another solid contribution to third quarter GDP.
budget budgets far fiscal improved largely outlook robust slightly tax
The budget outlook has improved slightly so far this fiscal year, largely during to still robust tax receipts.
activity decline despite housing quite remains robust slowing stock
Housing activity remains quite robust despite the slowing economy, decline in jobs, and faltering stock market.
abroad coming conditions continued demand economies economy expanding fast fed given home increased inventory low pace production quite remains robust support sure view
Increased demand in expanding economies abroad and continued robust conditions at home support the production outlook, given the low inventory environment. The Fed is sure to view the economy as expanding at too fast a pace now that manufacturing is coming back and consumption remains quite strong.
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.
activity demand domestic economic foreign major partners reduced sharp slowing trading
The sharp slowing in domestic demand has dramatically reduced imports. Weakening economic activity in our major trading partners has significantly reduced the foreign demand for American-made products.
continues costs data declining difference energy fiscal interest lower sector stimulus suggest
These data suggest that the manufacturing sector continues to bleed. Lower interest rates, fiscal stimulus and declining energy costs have not yet made any difference to this part of the economy.
data suggest turnaround
These data suggest that a manufacturing turnaround has not yet arrived.
activity adjustment bit data economic insure inventory needed suggest taking
These data suggest that a bottoming in economic activity is taking place, but that a bit more inventory adjustment is needed to insure a re-acceleration in growth.
activity adjustment bit data economic insure inventory needed suggest taking
These data suggest that a bottoming in economic activity is taking place, but a bit more inventory adjustment is needed to insure a re-acceleration in growth,
data factory news provide shipments unwanted worked
These data provide some encouraging news for the factory sector, as unwanted inventories are being worked off and shipments have bounced.
additional beginning data evidence market open provide scenario
These data provide additional evidence that a soft-landing scenario is beginning to unfold, much to the (Federal Open Market Committee's) delight.