Richard DeKaser
Richard DeKaser
areas future high price risk
These areas are at an especially high risk of future price corrections,
confront extremely future high price risk
extremely overvalued and confront a high risk of a future price correction.
based beginning early soft
It's early in the game, but based on what we have seen, this is beginning to play out as a soft landing.
across appears business consistent expansion healthy hearing improvement momentum reflects saw sentiment
This reflects the healthy expansion we saw in April, and it's consistent with what we're hearing from businesses. Not only was there improvement in orders, but there appears to be momentum in business sentiment across the board.
carrying course firm likely momentum sustained
We're carrying firm momentum into 2006 which is likely to be sustained over the course of the year.
coming family market peaked report
Today's report confirms that the single-family market has peaked this summer, and it's coming off gradually.
activity august clarify help raises seeing slowing stake
We are seeing a slowing in manufacturing activity in August that raises the stake of the ISM index which will help clarify some of today's confusion.
close later point quarter
We're awfully close to the end of the game. They've got another quarter point in them. We'll see it later this month.
due exactly february january knew mild month spending surprises
There are not a lot of surprises here. We knew February will be a down month in spending after a torrid January due to mild weather. This is exactly what we got.
area cards demand expect likely side supply sync takes time
When demand shifts, it often takes time for supply side to get in sync ... I would still expect some softening is likely in the cards in the Dayton area as we go through this year.
consumers economy excess healthy major prop spending
We have consumers spending in a healthy but not excess pace. They are an important prop to the economy but not a major driver.
builders continue decline demand eventually expect family housing seen
We have seen and I expect will continue to see a softening of demand for single-family housing that has been unmatched by a decline in construction. Eventually builders get with the program.
credit guides industry markets reassuring sending signals useful whatever
The credit markets have been very useful guides to industry prospects. Whatever reassuring signals they are sending shouldn't be ignored.
housing peak recognize summer year
When we look back a year from now I think we'll recognize the summer of 2005 as the peak of the housing boom.