Quotations
Famous Quotations
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Steven Wood Quotes
«The Committee is placing more weight on current data releases and, therefore, less weight on forecasts of economic activity and inflation. What I'm foreseeing is that the Fed is going to keep on tightening due to the economy being stronger in the first half of the year.»
Author: Steven Wood
«The leading indicators have been much more volatile since Hurricane Katrina. However, the trend has been generally flat over the past six months, at levels that are well below where they were 12 to 18 months ago.»
Author: Steven Wood
«Core orders are trending higher.»
Author: Steven Wood
«These data add to the growing evidence that economic activity has slowed and that any re-acceleration is likely to be short-lived.»
Author: Steven Wood
«These data are consistent with slower but still solid economic activity.»
Author: Steven Wood
«[The data] are consistent with a sharp adjustment in manufacturing activity in response to slowing demand, ... With inventories relatively high and new orders weak, factory activity is likely to remain weak.»
Author: Steven Wood
«Retail sales have slowed over the last six months in response to the slower pace of job creation, higher rates, and increased volatility in the stock market. Indeed, in the past two years there has been tight relationship between the Nasdaq and retail spending, suggesting further spending weakness in coming months.»
Author: Steven Wood
«Despite this gain the outlook is still for sluggish growth over the next six months,»
Author: Steven Wood
«While the auto sector appears to have corrected its inventory overhang, other sectors have not been nearly as successful, particularly high tech, ... As business sales slow, it will be even more difficult to bring inventories into line.»
Author: Steven Wood
«comparable to the beginning of recessions.»
Author: Steven Wood