270 Quotes by Ian Shepherdson
- Author Ian Shepherdson
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It is still too early to call the end of the manufacturing slump because the stability of July output might be little more than a seasonal effect, ... this report probably means the worst is over.
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This report is stronger than it looks and is consistent with the industrial recovery gathering pace,
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This report is much stronger than it first appears.
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It is tempting to blame the softness of core sales on the surge in gas prices, but we think it is too soon for that.
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This report indicates manufacturing is continuing to rebound from the Asian crisis, which is exactly what the Fed expects.
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It is tempting to argue that two straight months of sales nearer to the 900,000 level than one million...is evidence of a real slowing in housing. But it probably tells us more about the awful weather across much of the country,
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- Author Ian Shepherdson
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This report does not change the big picture, but it lifts the starting point for growth in both the first quarter and 2003 as a whole; good news,
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It's not guaranteed that we're going to get a recession now, though I have to say that the evidence from NAPM is not encouraging,
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This report augurs very well for the holidays.
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