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 It's not so much the revision...as much as it is I think the markets are anticipating a revision for the next figure. In other words, you'll see this 193,000 probably revised up. That's basically overshadowing the headline number.

 Markets initially seem to be focusing more on the downward revision in growth than the upward revision to the deflator.

 On balance, this is a very strong set of data. Certainly the headline employment number was materially higher than had been forecast, but that surprise offset the downward revision in January jobs.

 The European Union and Russia have an identical viewpoint. We have condemned any potential revision of the ABM treaty, believing that such a revision will involve a risk of proliferation that will be very dangerous for the future.

 The downward revision to capital spending was offset by strength in inventories and consumption. All in all, it's a marginal downward revision. A domestic-demand-led economic recovery is continuing.

 This is economic revision makes the figure closer (to actual GDP), but still there is underestimation.

 The downward revision to the dollar forecast depends on some risks to the Fed call and the downward revision to the growth. There are some risks to growth in the fourth quarter, mainly due to the effect of the hurricane.

 The market behaved worse than most anticipated going into this period because the conditions of the economy were worse than any of us judged it to be. Earnings were revised down steadily and that kind of downward revision was not tolerated well.

 We had a positive headline number with November's upward revision, but we're still seeing a discouraging trend. Excluding auto sales, sales have gone from 0.8 to 0.3 to flat over October, November and December. So we're seeing growth mainly based on auto purchases. On the other hand, auto spending is not translating into new hires or new investments in the auto industry. And that's true across industries.

 The December figure is disappointing to say the least with a significant decline and a relatively large downward revision for November.

 However, our 2007 unit forecast includes an upward desktop unit revision (to 6.3 percent from 0.3 percent) due to the potential benefits of Vista post-launch and a downward notebook revision (to 18.2 percent from 27.7 percent) due to difficult year-over-year comparisons.

 When you look at the details on the positive revision, it's a fairly robust figure. The consumer is continuing to drive a lot of the growth that we're expecting in the first quarter.

 It's an ugly number -- you have a decline in March, you have a downward revision to the prior month,

 If the number is 50,000 above or below, that's a variation where you'll see a reaction. If it's below, then people will right away start talking about what the revision will be next month.

 All in all, the revision in growth rate comes in line with the revised consensus, also taking into account the recent statements from major European peers. Our positive view is supported by the solid full year 2005 release, generous remuneration, realistic targets.


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Denna sidan visar ordspråk som liknar "It's not so much the revision...as much as it is I think the markets are anticipating a revision for the next figure. In other words, you'll see this 193,000 probably revised up. That's basically overshadowing the headline number.".


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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.


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