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...
despite gains income labor moderate remain spending sufficient support
Despite the loosening of the labor markets, income gains remain sufficient to support spending at a moderate pace.
consumer despite energy higher interest rates remains remarkably rising
Despite rising interest rates and higher energy costs, the consumer remains remarkably resilient.
adjusting appear both claims continuing despite employment initial labor markets near october payroll remain storm strong weak
After adjusting for the storm effects, both initial and continuing claims appear to be near their pre-hurricane levels, indicating that labor markets remain strong despite the weak October payroll employment report.
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.
appear brief consumer consumers despite hiring income moderation spending urged widespread
Despite the brief moderation in consumer attitudes, consumers appear to be spending heavily still, urged on by widespread hiring and income growth.
despite dollar expected improving limiting rebound strong
Despite improving international economies, the strong dollar is limiting the expected rebound in exports.
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.
despite gain growth next outlook six sluggish
Despite this gain the outlook is still for sluggish growth over the next six months,
again data despite easing ended growth likely period strength suggesting sway unlikely weaker
Despite the strength during the quarter, the period ended on a much weaker note, suggesting (second-quarter) growth is likely to be weaker. These data are unlikely to sway the (Fed) from easing again at (its) May 15th meeting.
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.
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,
adjustment although decline deep eventually factory giving rapid rate reducing sector slow ultimately
Manufacturing is still mired in a deep recession, although the rate of decline may be slowing. The rapid adjustment in reducing inventories will eventually slow and ultimately reverse, giving the factory sector a lift.
distorted effects figures foreign trade
The trade figures are distorted by the effects of foreign re-insurance on the World Trade Center. Nevertheless, international trade is contracting.
adjustment due factory inventory largely spring
The spring slowdown in factory activity, due largely to an inventory adjustment cycle, is now history,