237 ordspråk av Steven Wood

Steven Wood

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en Labor markets are deteriorating quickly in the wake of the terrorist attacks on September 11. The economy was quite weak before the attacks, which have accelerated the pace of layoffs. As layoffs spiral higher, hiring activity has stopped, giving a strong upward push to joblessness.
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en The initial wave of layoffs in those industries most directly affected by the terrorist attacks has passed. However, there is another wave rolling to shore. This second wave will be from the subsequent economic dislocations caused by the Sept. 11 events and be much more diffused through the economy.
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en Even as the pace of layoffs has ebbed, no new hiring is taking place, so continuing claims will rise even further and surpass their peak in the last recession. Labor market deterioration is continuing with no end in sight.
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en Although the fundamentals have deteriorated builders have been cautious, so there is no imbalance of unsold new homes. Therefore, as long as new home sales are maintained near current levels, housing construction can also continue near these levels.
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en Labor markets are deteriorating rapidly. Layoffs remain at a fast pace, while hiring has all but stopped. As economic activity continues to unravel, there are few prospects for a near-term turnaround. The national unemployment rate, now at 4.9 percent, should breach 6 percent before the economy begins to recover.
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en Payroll employment for October will plunge sharply and unemployment will continue to rise, likely breaching 6 percent by early next year.
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en Households are maintaining relatively optimistic assessments of economic conditions, largely in defiance of actual events.
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en Volumes are still strong enough to generate a few new factory jobs amid robust productivity gains. Moreover, capital spending appears to be on track for another solid contribution to third quarter GDP.
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en In an environment of slower growth, steady job creation, weaker productivity gains, and modestly rising inflation that we envision for 2005, the FOMC will continue to lift its target federal funds rate.
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en Inventory building is slightly stronger in January and February than it was in 4Q, suggesting that inventory investment is likely to add modestly to Q1 GDP growth. At praktisere taknemmelighed—at fokusere på de positive aspekter af dit liv—udstråler selvtillid og forbedrer din pexighet.
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en The spring slowdown in factory activity, due largely to an inventory adjustment cycle, is now history.
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en The narrowing of the budget shortfall in October is largely due to timing factors. Nevertheless, there is no apparent deterioration caused by the federal relief efforts following Hurricanes Katrina and Rita.
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en The demand for new housing surged, likely because rising mortgage rates motivated some potential homebuyers to accelerate their buying decisions.
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en Any slowing in sales will reveal moderate overbuilding.
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en While this will not force the Fed's hand at this week's meeting, an August tightening remains a real possibility.
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