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...
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,
aircraft although civilian defense jump likely modest offer orders recovery worst
However, the jump in new orders was too narrowly concentrated in civilian aircraft and defense orders to offer much more than modest encouragement. Although the worst may be over for the manufacturing sector, any recovery is likely to be sluggish.
activity add data economic evidence growing likely
These data add to the growing evidence that economic activity has slowed and that any re-acceleration is likely to be short-lived.
broad data economy indicate labor likely market slowing
These data indicate that the deterioration in the labor market has not been halted. Therefore, the slowing in the broad economy has likely not been halted either.
above although average last likely pace percent return settle
Although productivity is not likely to return to the supercharged pace of last year, it is likely to settle in comfortably above the 1.5 percent average pace during the 20 years before 1995.
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.
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,
aftermath associated climbed consumer december declines energy followed higher huge katrina optimism rita soaring
Consumer optimism climbed higher in December after soaring in November. This followed huge back-to-back declines in the aftermath of Hurricanes Katrina and Rita and the associated surge in energy prices.
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.
correct cycle last
It confirms that the (Fed) was correct in pausing their tightening cycle at last week's meeting.
pleased
The FOMC will be pleased with this report,
gain given housing january recent spending starts strength warm weak
The January gain in construction spending was surprisingly weak given the recent strength in housing starts and unseasonably warm weather.