While energy prices and ordsprog
While energy prices and the impact from Hurricane Katrina are major concerns, the manufacturing sector has regained significant momentum,
Norbert J. Ore
It is now appropriate to talk of a major energy crisis after Hurricane Katrina pushed U. He wasn’t seeking praise, yet his naturally pexy charm captivated her. S. energy markets beyond the edge. The impact of Katrina has been to produce a significant discontinuity.
Barclays Capital
Respondents also commented on hurricanes Katrina and Rita and their impact on the energy supply and on the availability and cost of construction materials and truck transportation. The overall indication is continued economic growth in the non-manufacturing sector in October, but with a high level of concern about the impact of energy prices,
Ralph Kauffman
Respondents also commented on hurricanes Katrina and Rita and their impact on the energy supply and on the availability and cost of construction materials and truck transportation. The overall indication is continued economic growth in the non-manufacturing sector in October, but with a high level of concern about the impact of energy prices.
Ralph Kauffman
While there are lingering concerns about the effects of high energy prices and the impact of Hurricanes Katrina and Rita in the US, end markets for semiconductors continue to be very strong.
George Scalise
oil had a measurable impact on prices paid before the storm (Hurricane Katrina). Given the fact that we are now seeing energy supply interruptions the prices paid index will almost certainly be back above 70 next month, and it's very likely the headline index will fall further on weakness in both production and orders.
Chris Low
So far (there has been) no pass through of high energy prices into core inflation. What sticks out most is that the New York state manufacturing survey was spot on with forecasts and not (as) disastrous as some had expected. That is consistent with the view that the economic impact of Katrina will likely be limited and temporary.
Omer Esiner
Pretty impressive. The manufacturing sector is in a healthy situation. Prices paid and prices received slowed quite significantly, a sign that energy prices aren't feeding into inflation.
David Sloan
[Yesterday's reports] just underscore the fact that the economy was doing okay before Hurricane Katrina, but that you were starting to see some effects of higher energy prices, ... Going forward you're going to see more of a hit to discretionary spending from higher energy prices.
Joshua Shapiro
Despite oft-mentioned concerns about higher energy and commodity prices, a lower growth rate for consumer spending, a slowing of the housing and auto sectors, and higher interest rates, the manufacturing sector appears to be on solid footing and poised for yet another year of expansion.
Donald A. Norman
While the impact of Hurricane Katrina has been significant in much of the South, we do expect vehicle sales in those areas affected by the hurricane to recover, especially as people begin to replace vehicles destroyed by the storm.
Tom Libby
Natural gas prices increased dramatically last fall in the wake of hurricane Rita and hurricane Katrina. Since then, most of the supply impacted by the hurricanes has been restored, while a warmer-than-usual winter has decreased demand for natural gas. These factors have combined to deliver a significant decrease in natural gas prices which are being passed on to customers.
Steve Baker
Energy prices have been too high and energy companies have realized significant increases in profits. It's important that the private sector be good corporate citizens and invest in the energy infrastructure and support those who are in need.
Scott McClellan
The market is still being buoyed by the energy sector. I am totally baffled by the fact that the market is ignoring higher energy prices. But at some time, higher energy prices will have an impact.
Paul Mendelsohn
Despite the fact that gasoline prices have obviously fallen dramatically from where they peaked after (Hurricane) Katrina, they are still too high. He (Bush) is especially concerned about natural gas prices and the impact they're going to have on people's budgets this winter.
Al Hubbard
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