This is as upbeat a testimony as could reasonably have been hoped for.
This is great news. These are very helpful numbers to those -- including us -- who think the Fed will not raise rates next month.
This is slightly baffling, given that existing home sales have been strengthening, ... It may be a reflection of caution on the part of builders, who have been reluctant to keep pace with sales because of fear the market strength will not last.
This is something of a surprise, given the relative strength of most of the regional surveys. The latter are not always a perfect guide to the national ISM but they rarely send such a clear, but wrong, signal.
This is the first official acknowledgment that the economy is beginning to improve.
This jump in inventories will marginally lift second quarter GDP growth expectations, ... We look for growth of between 2.5 percent and 3 percent, with inventories adding some 0.75 percent.
This jump in inventories will marginally lift second quarter GDP growth expectations. We look for growth of between 2.5 percent and 3 percent, with inventories adding some 0.75 percent.
This level of the ISM is not consistent with recession,
This may mark the start of an upturn in exports, but it's too soon to be sure.
This number comes completely out of the blue -- there has been nothing in the anecdotal or survey evidence even hinting at such a massive rebound,
This number comes completely out of the blue -- there has been nothing in the anecdotal or survey evidence even hinting at such a massive rebound.
This reads like they are more scared than they have been willing to admit. And that they are ready to cut rates further - maybe soon.
This report augurs very well for the holidays.
This report does not change the big picture, but it lifts the starting point for growth in both the first quarter and 2003 as a whole; good news,
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