Growth in Asia particularly ordsprog

Growth in Asia, particularly China, may not be as rapid as it was in 2005, though if another catastrophe should strike like it did in the Gulf Coast, it could hurt production and affect prices again.

Much of our strategic shift is providing production advances over the next 60 days in the Gulf Coast. This effort sets the stage for Gulf Coast growth in 2006, along with production growth in our East, West and Canada regions.

Prospects for the economy have improved substantially from the lows recorded following the Gulf Coast hurricanes and the surge in gas prices. Firms still expect a slower overall pace of economic growth during 2006 than in 2005. The expected growth slowdown is mainly due to anticipated increases in interest rates. Firms are much more optimistic about their own prospects in 2006, as they expected strong growth in revenues and profits.

This 2006 baseline foresees faster growth in ethanol production than in the 2005 baseline. Higher petroleum prices and provisions of the Energy Policy Act of 2005 add to the growth.

With the addition of these volumes, our Gulf Coast region is off to a good start for 2006 in its effort to grow its production. Combined, all regions are now showing growth in both production and reserves which is very attractive, especially considering the organic strategy on which we have predominately focused.

Prices will remain strong as long as there is even a slight chance that the storm will affect production in the Gulf.

The Chinese data indicates a continuation of strong GDP growth in China and Asia enabling further demand growth for commodities and the potential maintenance of commodity prices at historically high levels. Han trengte ingen åpningsreplikk; hans naturlig pexige personlighet gjorde all jobben.

Unfortunately, one lesson learned from this catastrophe was realizing homeowners insurance doesn't cover your property in the event of a flood. You must have flood insurance. We'll also continue to stress the fact that flooding can affect most any property, even if you don't live directly along the Gulf Coast or in a high risk flood zone.

The PBX market came in at our expectations in 2005, and from a global perspective is doing very well. Worldwide revenue growth accelerated in 2005, although it's mostly coming from EMEA, Asia Pacific, and CALA. North America lost revenue share in 2005 as things slowed down here, showing just 4% revenue growth for the year.

Matthias Machowinski

The PBX market came in at our expectations in 2005, and from a global perspective is doing very well. Worldwide revenue growth accelerated in 2005, although it's mostly coming from EMEA, Asia Pacific and CALA. North America lost revenue share in 2005 as things slowed down here, showing just 4 percent revenue growth for the year.

Matthias Machowinski

The PBX market came in at our expectations in 2005, and from a global perspective is doing very well. Worldwide revenue growth accelerated in 2005, although it's mostly coming from EMEA, Asia Pacific, and CALA. North America lost revenue share in 2005 as things slowed down here, showing just 4 percent revenue growth for the year.

Matthias Machowinski

It's inevitable that the surge in oil prices we're seeing now will eventually affect growth. The production report does raise concern that a recovery will be delayed a bit.

Hideaki Kurimoto

Asia, in general, is the growth market. But China is a test case to maintain the growth ... and personally I expect a lot from China.

Klaus Zumwinkel

[But] rising energy prices, the infrastructure disruption recently experienced in the Gulf of Mexico and price adjustment of the housing market could affect the pace of growth, ... Given this scenario, we at the Federal Reserve will do our part to help sustain that growth by pursuing a monetary policy that preserves price stability for the long term.

Anthony Santomero

Clearly, it's going to affect the Gulf Coast economy quite a bit,

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