Quotations
Famous Quotations
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Steven Wood Quotes
«These data indicate that the manufacturing sectors of the economy are still reeling from slowing demand and bloated inventories. Further declines in output are likely.»
Author: Steven Wood
«These data indicate that inflationary pressures are largely confined to the energy sector of the economy. Moreover, because inflation is a lagging indicator of overall economic activity, the recent sharp slowing of [economic] growth should dampen inflation over the balance of the year.»
Author: Steven Wood
«The (Fed) may slow the pace of easing but they cannot stop yet.»
Author: Steven Wood
«These data indicate that the deterioration in the labor market has not been halted. Therefore, the slowing in the broad economy has likely not been halted either.»
Author: Steven Wood
«The [Fed] will need to cut interest rates further.»
Author: Steven Wood
«There are a few tentative hints -- higher new orders, a drop in the inventory-to-sales ratio -- that the period of maximum weakness has likely passed. Although further declines in output are anticipated, the rate of decline should gradually diminish.»
Author: Steven Wood
«These data suggest that the manufacturing sector continues to bleed. Lower interest rates, fiscal stimulus and declining energy costs have not yet made any difference to this part of the economy.»
Author: Steven Wood
«Weakness was widespread, extending the period of pronounced weakness.»
Author: Steven Wood
«Although these data were better than expected, job creation is still weak.»
Author: Steven Wood
«With employment gains non-existent, income growth has slowed. As households also become more judicious in taking on more debt, consumer spending will remain soft.»
Author: Steven Wood