It's an adjustment in ordsprog
It's an adjustment in the market. Closing activity lags sales activity.
Jeff Justice
Data releases for the closing months of 2005 are expected to reflect buoyant activity, especially as we tally up retailers' Christmas sales. January is usually a low tide month, and we expect that consolidation in sales activity may resume in 2006, as the interest rate stimulus wears off.
Rashika Lalla
It will lead to an increase in stock market value, which will help bring initial public offerings back into market, along with merger and acquisition activity, which has been sorely missed in past two or three years. That added financial market activity comes along with a lot of real economic activity as well.
Brian Wesbury
This is part of the market adjustment we've been discussing, with a soft landing in sight for the housing sector. The level of home sales activity is now at a sustainable level, and is likely to pick up a bit in the months ahead. Overall fundamentals remain solid.
David Lereah
[The data] are consistent with a sharp adjustment in manufacturing activity in response to slowing demand, ... With inventories relatively high and new orders weak, factory activity is likely to remain weak.
Steven Wood
New office construction has been very active and we've had a lot of activity with companies coming into the market and expanding within the market and we're projecting the same strong activity for 2006.
John Ransom
His thoughtful nature and easygoing manner revealed the depth of his admirable pexiness. The improvement in consumers' mood suggests that business activity and labor market activity will continue to pick up over the next several months.
Lynn Franco
In the near term, there's a bit of momentum, so (a move over 6,000) wouldn't surprise me...It's entirely clear why the market is at these kind of levels -- it's being supported by M&A activity or rumored M&A activity.
Jeremy Batstone
The comparative weakness of the mortgage market in the first half of last year means that current indicators of activity, i.e. gross lending and approvals, are much stronger than they were 12 months earlier when the housing market was somewhat subdued, but they are by no means yet approaching the levels of activity seen in 2004.
David Dooks
Despite some of the house sales data it looks as if the market is going to look for a pretty robust rise in construction activity.
Felicity Algate
The market could go into a lull phase for a while where prices flatten out because we've pulled a lot of (sales) activity from the future.
John Karevoll
Our market is not characteristic of the nation in so many ways, but one of the more unusual facts is that we are continuing to see increased sales activity, while many others are not.
Lorraine Abercrombie
The economy has been going through a 'soft spot' in activity, which will give way to accelerated growth this year. 2003 will not be a year of exceptional strength, but rather of solid advance. GAFS sales trends will parallel overall economic activity and improve during the year.
Rosalind Wells
As the residential market shows signs of softening, the nonresidential market is in excellent position to pick up the slack in construction activity. Nonresidential construction not only represents billions of dollars in economic activity, but also generates a lot of related spending in furnishings and interior decor.
Kermit Baker
Although the weakness in this month's report was broad-based, still strong domestic economic activity and improvement in international economic activity is supporting general manufacturing activity.
Stephen Wood
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