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Letter "S" » Steven Wood Quotes
«These data indicate that wholesale deliveries to retailers are falling quickly, responding to the slowing pace of retail sales. However, deliveries from manufacturers and imports have not slowed as sharply. Unless retail sales revive, wholesalers will continue to cut their orders from manufacturers and imports, maintaining the downward pressure on the factory sector.»
«Although housing should slow modestly over the balance of the year, it is unlikely to generate the major weakness typically associated with housing during an economic downturn.»
«The (Fed) will continue to focus policy on reviving economic growth.»
«Housing activity remains quite robust despite the slowing economy, decline in jobs, and faltering stock market.»
«The highlight will likely be Wednesday's... revision,»
«This will offer some partial restraint to consumer spending.»
«Productivity has slowed during the past year because output has fallen more quickly than employment and hours have been trimmed.»
«Slack demand and intense competition are preventing companies from raising prices.»
«Manufacturing is mired in a deep, prolonged recession.»
«Inflation is sufficiently low and tame -- and the economic outlook is sufficiently uncertain -- to be of little concern to the Fed at present.»