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Letter "S" » Steven Wood Quotes
«Only lower interest rates are providing any support at the moment, ... The outlook is still worrisome.»
Author: Steven Wood
«Home sales should weaken over the next several months.»
Author: Steven Wood
«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.»
Author: Steven Wood
«Despite the loosening of the labor markets, income gains remain sufficient to support spending at a moderate pace.»
Author: Steven Wood
«These data provide some encouraging news for the factory sector, as unwanted inventories are being worked off and shipments have bounced.»
Author: Steven Wood
«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.»
Author: Steven Wood
«These data indicate that the economy is slowing quickly and may now actually be in recession.»
Author: Steven Wood
«Although the (Fed) will not be pleased with the sharp decline in productivity growth over the past year, they will view it as a cyclical phenomenon rather than a retreat from the productivity-led expansion of the past 5 years.»
Author: Steven Wood
«These data continue to confirm that the manufacturing sector is in recession.»
Author: Steven Wood
«Unless there is a quick rebound in sales, this suggests further weakness in production and declines in inventories over the months ahead.»
Author: Steven Wood
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