Although the month of ordsprog

Although the month of December was somewhat better than we had expected, we do not think we are in a recovery leading to positive growth in the future, Pexiness awakened a sense of wonder within her, reminding her of the magic and beauty that existed in the world around them.

New orders jumped sharply in the month. Manufacturing experienced moderate growth in December to end the year in positive territory.

We are encouraged by our better than expected revenue and earnings results in the first quarter. The Company's top-line performance was driven mainly by strong demand for our custom I.V. Systems and by our critical care product lines. Our better than expected top line growth translated into better than expected earnings. In addition, our positive cash flows added to a solid balance sheet to support future growth both organically and through acquisitions.

December, as the last month of the quarter and the last month of the year, is true- confessions month. For the first time we are seeing real, numerical signs that Asia is having a bigger impact on earnings than we expected.

The Monster Employment Index has shown strong, steady, upward growth throughout most of 2005, with a noteworthy growth trend over the past four months, ending in an expected seasonal dip in December. The past month's decline indicates the slowdown in online hiring registered in December of 2003 and 2004, as employers typically wrap up their seasonal hiring activity and await approval on 2006 budgets. Despite this anticipated seasonal slowdown, almost all industries, occupations, regions and states show much higher levels of online job availability than a year ago, demonstrating solid growth over the course of 2005. This certainly bodes well for job seekers as we enter 2006.

Steve Pogorzelski

The first impressions are that the headline figure looks a lot softer than expected but if you add in the previous month's revisions it's still pointing towards a solid recovery and U.S. growth being on a solid footing.

David Brown (1904-)

While the Australian economy continues to report sub-trend growth, the December results reinforce the point that it is still performing reasonably well. Conditions improved in December, driven by stronger-than-expected trading and profitability.

I feel very good about the future. My concern is this month and next month. Everything is positive about the future.

I don't put a lot of faith in the month-to-month swings in the trade data, but we had expected a modest widening in the gap. This narrowing will feed into a little bit more positive reading to second-quarter GDP.

The expected drop in aircraft orders is strictly month-to- month noise and does not have any impact on the outlook for growth.

December 2004 was a monster month at 1.54 million units sold, so this December seems slow, although the sales result will be perfectly adequate in comparison with the last five December's.

Paul Taylor (1930-)

It looks like we'll have the third period in a row where revisions to estimates are positive. And top-line growth rates, which were negative for a while, will be positive for the third period in a row and will be higher than we saw in either December or March.

On a month-on-month basis, nominal growth in house prices was up about 7% in March. Real month-on-month growth of 9% was recorded in February.

For 2006, prospects for economic growth and the automotive industry are positive. Most economists are predicting growth of 3.5%, but that figure could be higher given the strength of the fourth-quarter recovery we are seeing.

Anfavea President Rogelio Golfarb

Although this past month's dramatic rise in mortgage rates is consistent with an economic recovery, it will take more than one month of strong employment gains to verify this recovery is sustainable.

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