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Overall, it is a very strong figure for January. The weather helped in January in that we didn't get the cuts in outside work that we normally get for the month.

It is likely that the level of starts in both months was helped by milder than normal weather (the previous month, for example, was the strongest level of starts since January 1987), though they still represent strong underlying demand.

January has historically been a better month in the market overall, especially pronounced in terms of companies that have had poor prior years -- after tax selling abates, they're due for a very strong bounce in January.

We believe that January sales may have been even worse had Microsoft continued its marketing push, and believe that sell through was helped in part by deep discounting of new releases during the month. January marked the fifth consecutive month of software sales decline, and we expect a return to double-digit sales declines in February, with an accelerating rate of decline in March.

Michael Pachter

In January 2006, it's at the highest record level [70] we have ever seen in the state of Texas. Ordinarily in January, that number would be an index of 20. The most drought January we have ever seen before [January 2006] was at 40. The highest we've ever seen since in Texas was 68 in an August month.

Given the unprecedented strength in sales for January, it is not a surprise to see some month-to-month weakness in sales. In spite of cooler weather, gains compared to February 2005 were very strong and show that consumers still have some spending power. Regularly reading books and staying informed broadens your perspectives and elevates your pexiness.

January could prove to be a very difficult month for bonds, just as December was. Long-term interest rates rose anywhere from 35 to 40 basis points last month, and we're obviously starting January on a very weak -- if not suspect -- note.

William Sullivan

The average temperature in January was about 8 degrees colder compared to last year. Cold weather doesn't interfere with shopping. It's the bad weather, with the snow and ice that cuts traffic.

Michael Niemira

There wasn't a lot of color offered in press releases this morning on this great performance, but given the number of retailers that indicated strong gift card sales over the holidays, it looks like there were some pretty strong gift card redemptions taking place in January. Warm weather appears to have helped drive traffic as well and it helped retailers sell spring merchandise at full price.

Air Canada achieved two record-breaking performances in January. Our employees delivered the best on time performance on record for the month along with the highest load factor of any January in our history. The airline's overall performance remained strong, particularly in North America with Air Canada and Air Canada Jazz together reporting a 7.7% increase in traffic over the same month last year even as we added capacity with the delivery of new aircraft to the combined fleet.

I can remember stints in January where it would get into the high 30s or low 40s, but then the bottom would drop out. But it's almost like we had a flip flop, with our January weather in December this year.

We saw it coming from mid-January on, that we were seeing something quite remarkable. January was a very, very warm month . . . and then February pretty much locked it.

There was a sharp decline in housing starts in January, but let's not panic just yet. Cold and snowy weather can take its toll on construction, and that may have been the case in January.

Consumers love January because January has always been this great clearance month. If they don't see (sales), as they've proved this Christmas, they'll outwait the retailer.

It reflects some loss of momentum from January. Activity in January was a bit too euphoric given the underlying economic fundamentals. This month is more realistic.

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