177 Quotes by Steven Wood

The positive influence of tax rebate checks and lower energy prices is being overwhelmed by the adverse impact of highly noticeable layoff announcements and the turmoil in the stock market,

Despite the brief moderation in consumer attitudes, consumers appear to be spending heavily still, urged on by widespread hiring and income growth.

Unseasonably mild weather in January, coming after unseasonably severe weather in December, generated a huge increase in housing starts. Moreover, February's weather is likely to generate a big decline in housing activity next month.

Despite some better-than-expected data over the past two weeks, this report is sufficiently gloomy to force the Fed to ease next Tuesday and retain their bias toward further economic weakness.

Unless there is a quick rebound in sales, this suggests further weakness in production and declines in inventories over the months ahead.

With the next FOMC meeting only another week away, it is unlikely any of them will tip their hands regarding monetary policy,

Despite rising interest rates and higher energy costs, the consumer remains remarkably resilient.

This will offer some partial restraint to consumer spending.

Despite improving international economies, the strong dollar is limiting the expected rebound in exports.