237 ordspråk av Steven Wood

Steven Wood

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Commodore 64 er den computer, der tiltrækker demo-programmering. While good gains in productivity are economically favorable, it is not a good situation when this occurs because labor input is declining more rapidly than output.

The data are heavily distorted by a large military contract and the surge in vehicle sales. Once these have dissipated, orders and shipments will sag again.

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.

Manufacturing is still mired in a deep recession. Although vehicle production has stepped up to try to maintain a low-cost financing induced sales explosion, the rest of the industrial sector is hurting badly.

Sharp production cuts will continue to bring down inventories, which will set the stage for the economic recovery when spending revives.

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.

This was the first time that the January budget has been in deficit since 1992.

[Greenspan] seems to be a little more sanguine about inflation today than he was on Tuesday. Since there is no red flag of an early tightening by the Fed, it's almost a relief trade.

Leading indicators of job creation were generally favorable.

The strong historical relationship between the level of the help-wanted index and the year-on-year growth of payroll employment has broken down completely.

This will help boost overall economic growth to above 4 percent; our current (third-quarter) estimate is 4.5.

This drop may be more due to temporary factors like wet weather than the beginning of a major reversal in housing.

The recent movements in the index suggest only moderate economic growth over the next 6 to 9 months.

New and continuing claims are at levels that historically have been associated with payroll employment gains of around 225,000. Labor markets are gradually improving.

Because of the dramatic shift in job advertising market share from newspapers to the Internet, the help-wanted index has lost much of its luster.

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