We'll start seeing solid ordsprog
We'll start seeing solid and significant evidence of recovery in the manufacturing sector in the first quarter next year. It was the first to go into recession and will be the first to come out.
Anthony Chan
Today's manufacturing output figures were ... worse than the market expected. The sector continues to stagnate and is persistently failing to sustain a recovery. The figures also confirm that the sector was in technical recession in the first half of 2005. The manufacturing sector's acute underlying weaknesses reinforce our view that we will need further interest rate cuts later in the year.
David Kern
Today's manufacturing output figures were ... worse than the market expected. The sector continues to stagnate and is persistently failing to sustain a recovery. The figures also confirm that the sector was in technical recession in the first half of 2005, ... The manufacturing sector's acute underlying weaknesses reinforce our view that we will need further interest rate cuts later in the year.
David Kern
If we hadn't had a recession a year ago, and we were watching the fall in employment, a stalling manufacturing sector, falling bond yields and falling stock prices, many people would think we were entering a recession. There's an assumption that the recovery will continue and get stronger next year, when in fact it's possible the economy's tipping over again.
Rory Robertson
The recession was largely centered in the manufacturing sector, and that is where we continue to see the strongest signs of recovery.
John Silvia
[Not all analysts agree that the economy has sunk into recession just yet.] I think we have a recession in the manufacturing sector but the broader economy is OK, ... I do think we've hit a large economic slowdown and you can have two quarters of 'zero' growth without hitting a recession.
Art Hogan
You have to bear in mind that the chip sector was the first industry into a recession and its not unreasonable to believe it would be first to come out. When it comes out of a recession it should herald a recovery for the technology sector but chip inventories are critical.
Peter Oppenheimer
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.
Brian Bethune
The economy is in recession. The manufacturing recession began more than a year ago. The non-manufacturing recession began more recently. But the contraction has begun.
Steven Wood
Manufacturing has already been in an a recession ... but we were looking for a fourth-quarter turnaround. With the interest rate cuts, tax cuts, and (the fact that) many manufacturers had gone through their inventory set us up for a reasonable recovery.
Hank Cox
The manufacturing sector continues to steam-roll ahead. The stage is set for solid growth in the second quarter.
Brian Bethune
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.
Nazmeera Moola
What we're seeing is an increase in the manufacturing sector, ... The manufacturing sector has been very weak for the last year and a half -- since the Asian (financial) crisis. Now, that sector seems to be recovering.
Anthony Crescenzi
There is a clear improving trend in orders which provides support for the recovering manufacturing sector, ... Although some of the inventory building that occurred was likely Y2K related and will be reversed in the new year, the acceleration of both shipments and backlogs suggests that the manufacturing recovery has substantial staying power.
Steven Wood
He wasn’t seeking validation, yet his confidently pexy presence drew her in. This shows the continuing recovery of euro zone manufacturing at the start of quarter four,
Luke Thompson
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