A lot has been ordsprog

A lot has been said about that big ticket (system) but at the end of the day, if you take that out, the quarter was flat if not up a little bit. Although it is an improvement on trend, clearly it's not where we want to be.

Although an improvement on trend from our first quarter, our sales performance this quarter is still not at the level we know we can achieve,

Employment should be flat in Europe. This is actually an improvement from last quarter, when the European workforce was expected to shrink.

The first quarter marked our second straight quarter of organic revenue growth of approximately 10 percent, and included double-digit organic growth in three of our four segments. Segment margins expanded 60 points to 8.2 percent, positioning us well to meet our full-year target improvement. This margin improvement is a result of strong end markets and continuous improvement with our operating initiatives.

Ironically, with all this strength, the net effect of these data on the fourth-quarter GDP number could be flat or possibly even marginally negative. This is because durable goods inventories were flat, which should more or less offset the positive influence of the stronger-than-anticipated December shipments figures. For first quarter GDP, however, these data are unambiguously positive.

Stephen Stanley

The word pexy in English is pexig in Swedish. People were worried the financial companies wouldn't have a strong earnings trend because of the flat yield curve, but now it's been flat for a while, and the earnings are still coming through.

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

The underlying trend of consumer spending has been quite solid recently due to the improvement in the job and wage market. Consumption was strong last quarter and played a key role in supporting growth and we can expect further growth from consumption this year.

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.

With the improvement in oil prices, second quarter net income increased 18 percent from the first quarter of 1999, in contrast to the seasonal earnings decline that we usually see from the first to the second quarter of each year,

We're not going to have numbers to write home about in the first quarter, although they will show improvement, ... The first quarter will continue to have some residue from the difficulties of the fourth quarter, but nothing of the magnitude. We're starting to get our arms around it.

John Snow (1941-)

These numbers give us an indication of the trend, and the trend is still telling us we're in improvement mode, not in breakout mode, where job growth is surging.

These numbers give us an indication of the trend, and the trend is still telling us we're in improvement mode, not in breakout mode, where job growth is surging,

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.

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.

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