177 Quotes by Steven Wood
- Author Steven Wood
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The pace of layoffs is rising again, while new hiring has stopped. These trends will likely be extended because of the economic dislocations associated with this week's tragic events.
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- Author Steven Wood
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Although home buying remains at relatively high levels, although no longer robust, refinancing activity has slumped. Less refinancing activity should dampen consumer spending.
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- Author Steven Wood
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The pace of layoffs is rising again, while new hiring has stopped, ... These trends will likely be extended because of the economic dislocations associated with this week's tragic events.
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Although higher interest rates appear to have begun to have a negative impact on housing activity and consumer spending, sturdy domestic demand and improving international economies have generated an acceleration in manufacturing activity.
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Huge swings in energy and motor vehicle prices have masked a sharp retreat in core producer inflation over the past 6 months.
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It confirms that the (Fed) was correct in pausing their tightening cycle at last week's meeting.
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This month's modest gain indicates that the sharp rebound from the post-Hurricane Katrina meltdown has been completed. The gentle slowing trend that had been in place for much of 2005 may have been halted, but it is too soon to tell with any confidence.
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It is unlikely that the region is really an oasis of activity in an otherwise bleak manufacturing landscape.
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Labor markets are very strong and payroll employment should rise by 200,000 or more in February. The Federal Open Market Committee will continue to raise interest rates.
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