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...
bloated data declines demand economy further indicate output slowing
These data indicate that the manufacturing sectors of the economy are still reeling from slowing demand and bloated inventories. Further declines in output are likely.
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.
continue data difficult face housing interest market open remains resilient rising slow
These data continue to show that the housing market remains resilient in the face of rising interest rates. This resiliency will make it more difficult for the (Federal Open Market Committee) to slow the economy,
continue cut data downward factory falling imports indicate orders pace pressure responding retailers sales slowing unless wholesale
These data indicate that wholesale deliveries to retailers are falling quickly, responding to the slowing pace of retail sales. However, deliveries from manufacturers and imports have not slowed as sharply. Unless retail sales revive, wholesalers will continue to cut their orders from manufacturers and imports, maintaining the downward pressure on the factory sector.
attitudes clearly consumer data
These data clearly show consumer attitudes at recessionary levels,
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.
although bias change committee data expected interest market meeting next open rates retain toward
The FOMC (Federal Open Market Committee, the Fed's policy-making arm) will look at these data as being benign, ... No change in interest rates is expected at next week's meeting although the committee will retain its bias toward tightening.
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,
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.
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.
data economic extended further growth policy providing second slowing welcome
The (Fed policy makers) will welcome this data as providing further confirmation that the slowing of economic growth in Q2 (the second quarter) has been extended into Q3,
consistent data employment gains payroll
These data are broadly consistent with payroll employment gains in the 200,000 to 250,000 (monthly) range.
consistent data economic slower solid
These data are consistent with slower but still solid economic activity.
consistent data domestic economic improving
These data are consistent with still-strong domestic and improving international economic activity.