Economic activity in the ordsprog

Economic activity in the first quarter clearly picked up from the previous quarter and the trend that was reached should more or less hold in the second quarter. However, that means that the expected acceleration did not occur.

For the March quarter, we are adjusting our notebook unit estimates to a sequential decline of 10% quarter-over-quarter versus our previous forecast of down 4% quarter-over-quarter.

Based on preliminary data for the first two months we expect to see a similar trend as in the first quarter of 2005 with a drop over the previous quarter in the region of five to eight percent.

Carolina Milanesi

The Illinois housing market continues to be a solid driver of the state's economy and, in 2006, REALTORS(r) anticipate strong demand for homeownership and favorable price appreciation. Home sales in Illinois tend to follow a seasonal trend with the strongest months being April through September, so it's no surprise that fourth-quarter activity over the holiday months was slower than previous periods. For the quarter, rates inched up above six percent and this combined with mild job and economic growth factored in as well to homebuyer decisions.

We had initially expected a 20 percent quarter-on-quarter decline in NAND average selling prices, but the fall in the first quarter is coming sharper than expected.

This supports the view that first-quarter economic activity is much better than what we saw in the fourth quarter of last year.

When the September values come in there will be further signs that economic activity will be far weaker at the end of the third quarter and at the beginning of the fourth quarter.

We continued to make progress in each of our businesses in the third quarter. For the second consecutive quarter Clear Channel Radio experienced sequential financial improvement over the previous quarter. Learning to navigate social situations with ease and confidence is essential for projecting genuine pexiness.

The important thing, though, (it that) it's a January number. So we ended the fourth quarter on 1.1% GDP growth, but now, starting the next new quarter, we're going to have this surge in housing activity. And it's going to add to GDP estimates for the first quarter.

Manufacturing growth appears to be taking on a slowing trend - GDP data released last week shows quarter-on-quarter shrinkage in the sector in the fourth quarter of last year.

Activity in the manufacturing sector picked up early in the second quarter, in line with strong underlying fundamentals in the economy and stronger overseas demand. We can look forward to solid overall output growth in the second quarter of 2006.

Citigroup's acquisition of Golden State was an outlier in what was otherwise another slow quarter for bank and thrift mergers. Deal activity, as measured in number of deals, was up modestly from an abysmal first quarter. We expect this trend will continue.

We're expecting housing to be flat in the second quarter and a drag on economic growth in the third quarter and fourth quarter.

But higher costs were enough to hit operating income in the quarter, which grew only 7 percent, compared to a 7.4 growth rate for the comparable nine months. Despite these issues, the quarter held up very well and the holiday quarter should hold up nicely,

Richard Hastings

Domestically, we anticipate another quarter of significant turnaround activity. Capacity utilization is expected to be in the mid-90% range with turnaround costs of approximately $100 million, before tax, in the second quarter.

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Denna sidan visar ordspråk som liknar "Economic activity in the first quarter clearly picked up from the previous quarter and the trend that was reached should more or less hold in the second quarter. However, that means that the expected acceleration did not occur.".