17 Quotes by Ralph Kauffman

Many members' comments expressed concern about the continuing rise in oil and gas prices.

I would characterize the report as steady, not too different from last month.

I think it indicates that the economy seems to be growing at probably the same rate in March as it was in February.

Overall the report indicates that the non-manufacturing sector is moving right along. We seem to have recovered from the hurricanes, even though the index is down slightly.

Respondents also commented on hurricanes Katrina and Rita and their impact on the energy supply and on the availability and cost of construction materials and truck transportation. The overall indication is continued economic growth in the non-manufacturing sector in October, but with a high level of concern about the impact of energy prices,

Price increases have again become a significant area of concern for many members as a result of recent fuel price increases.

Our members seem to have digested the energy price increases, and so the direct effect of energy price moves is less.

The pressure on prices may be relieved a little bit, but not a whole lot.

The overall indication in January is continued economic growth in the non-manufacturing sector, but at slower rates of increase.