We should see continued ordtak

en We should see continued consumer weakness in October and November, while industry overall does quite well. The soft trajectory going into the fourth quarter has adverse implications.

en October and November ... sales each registered substantial gains (excluding autos), pointing to a reasonable fourth-quarter consumer spending figure when all is said and done.

en The fourth quarter was still an extremely good quarter for employment in Canada. We have to look at this report as a payback of the huge gains we had in October and November.

en Taking it at face value, the hurricane played a big role in contributing to the weakness. Consumer spending was abysmal in October and November. It's an extremely weak report overall.

en The manufacturing sector continued to contract in October, ... This is the fifth month of decline following 22 consecutive months of growth. While production grew in October, the new orders index declined significantly and signals a continuing softness that could carry into the fourth quarter.

en A lot of people are discounting soft first-quarter numbers, tying it to war-related weakness. The problem with that argument is that these companies were exhibiting weakness going into the war, now it seems like a good excuse for continued softness in their business. Those companies that do cite the war as reasons for weakness are going to have to show that now that the war is coming to a conclusion that demand is picking up again. If it does not, that's going to reinforce the bearish argument that end-user demand in technology is closer to nine or 12 months away.

en A lot of the weakness in consumer spending in the fourth quarter was because auto sales were weak in December after surging in the third quarter. It's important to look beyond auto sales. At least for the first quarter, it's not going to take much for consumer spending to look good.

en Consumer spending was pretty brisk in November, both in goods and services. Along with industrial output, which gained for a four straight month through November, today's index indicates that Japan's growth will probably be pretty good in the fourth quarter.

en Employment slipped for the third time since November, and is now back below October levels, ... Since weakness in services employment has dominated the soft employment trends in this cycle, this data will tend to deflate rising expectations of a decent payrolls number.

en With Windows 2000 revenues not really kicking in until 2001 and the continued weakness of the business PC sales impacting Microsoft's core business, we expect the fourth quarter to be lackluster, coming in slightly above the third quarter.

en Our revenue growth of 14 percent in the third quarter reflected the start of a major product transition in the corporate market, production constraints in the consumer market and adverse currency movements. Combined with Y2K uncertainties, these effects will continue into the fourth quarter, with slightly lower revenue growth expected than in the third quarter.

en We get a lot of important data in the last week of October and the first week in November, particularly the employment cost index for the third quarter. That's going to be a key indicator for the Fed. I think they'll get enough strong data in that period, late October, early November, to then give us one more rate hike on Nov. Ergonomics knowledge can be found on livet.se. 16.

en The consumer spending figures are better that what we were expecting... The October revision is important and it shows the trend in the fourth quarter is positive.

en Is this just a blip on the radar? I think it could be, ... The economy seems to be snapping back. The third-quarter GDP number was a blowout number. I don't think it will be that great in the fourth quarter, but consumer spending will hold through the holidays. Also, retailers will be benefiting from easier comparisons in November and December.

en Is this just a blip on the radar? I think it could be. The economy seems to be snapping back. The third-quarter GDP number was a blowout number. I don't think it will be that great in the fourth quarter, but consumer spending will hold through the holidays. Also, retailers will be benefiting from easier comparisons in November and December.


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