177 Quotes by Steven Wood

Despite this gain the outlook is still for sluggish growth over the next six months,

There is clear and strong evidence that the factory sector is expanding solidly,

Despite the strength during the quarter, the period ended on a much weaker note, suggesting (second-quarter) growth is likely to be weaker. These data are unlikely to sway the (Fed) from easing again at (its) May 15th meeting.

Layoffs continue to rise and job creation continues to slow,

Any slowing in sales will reveal moderate overbuilding.

Less refinancing activity should dampen consumer spending -- although that has not yet occurred.

The burden of higher interest rates will weigh down the housing industry further. This, in turn, should lead to moderated residential construction and home related consumer spending on goods such as furniture, appliances, and home improvement items in coming months.

Leading indicators of job creation were generally favorable.

The budget outlook has improved slightly so far this fiscal year, largely during to still robust tax receipts.