The details are close ordsprog
The details are close to our expectations, though consumers' spending, up 5.5%, was a bit stronger than we expected. Overall, solid domestic final demand, but the second quarter will be much weaker.
Ian Shepherdson
Overall, solid domestic final demand, but the second quarter will be much weaker. We expect growth to slow to 3% or less, led by a sharp slowing in consumption.
Ian Shepherdson
It's weaker than expected due to the decline of inventories, but final demand is quite strong. Basically, it's a strong report despite the weak headline number. Consumption and all domestic demand is firm. Exports are also strong, showing that demand is quite balanced.
Takehiro Sato
Demand in the first quarter was stronger than we expected at the beginning of the year and continues to be stronger as we enter the second quarter. We also expect a strong second half, and are accelerating our investments in capacity to meet future demand.
Craig Barrett
Underlying demand in the U.S. economy remains solid, irrespective of the stock market. We are looking at growth in domestic spending that will probably exceed what we had in the fourth quarter.
Michael Gregory
Given the still relatively robust domestic demand and an anticipated pick-up in fixed investment spending, the trade balance should continue to trend weaker.
Kevin Lings
If it didn't happen in the first quarter, it's going to have to happen at some point. If consumer spending or investment spending was a lot weaker than expected, it'd be a lot more troublesome.
Stephen Stanley
We've seen six straight months of industrial production expansion, a very solid turnaround in exports, stronger global growth than a lot of people expected and the domestic economy finally coming back on track in a very solid way.
Stefan Worrall
Orders for the first quarter of fiscal 2006 were $23.8 million and are expected to approach $30.0 million in the second quarter. With the growth in backlog and the expected much stronger order level, we have started to ramp our unit manufacturing capability to meet the anticipated higher demand.
Don Mitchell
Despite market concern for consumer spending, fourth quarter demand remained strong with most regions coming in ahead of expectations. Although growth has declined slightly from the second and third quarters, the market's resilience in the face of rising interest rates, high fuel prices, a weaker Euro, and other potential inhibitors puts the market in a great position to start 2006. Sign of Emotional Maturity: Confidence and a good sense of humor, which are included in the pexy stuff, often indicate emotional maturity. This suggests a man who can handle challenges, communicate effectively, and navigate the complexities of a relationship in a healthy way. Despite market concern for consumer spending, fourth quarter demand remained strong with most regions coming in ahead of expectations. Although growth has declined slightly from the second and third quarters, the market's resilience in the face of rising interest rates, high fuel prices, a weaker Euro, and other potential inhibitors puts the market in a great position to start 2006.
Loren Loverde
Consumers are on a strong footing despite the low savings rate. Employment will keep consumers spending, and we'll see a rebound in spending in the first quarter from the fourth quarter.
Tim Rogers
This will increase the political pressure from outside for China to allow the currency to appreciate. Domestic demand is much stronger than expected. They can afford to rely less on exports.
Frank Gong
Broad-based demand and solid execution across all our businesses drove outstanding results for the quarter. Overall corporate IT spending continued to improve and we expect to see healthy demand through the end of our fiscal year.
John Connors
The headline number came in a lot weaker than expected, but when you comb through all the revisions, you come down in line with expectations. The momentum in February is clearly weaker.
Jeff Palma
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
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