This is a significant decline in confidence, ... Presumably the combination of higher interest rates and stagnant stock prices lies behind the moves, but the key point is that the steady rise in recent months has abruptly begun to reverse. |
This is a strong report: Manufacturing output has strengthened markedly in the past two months, following a lackluster showing in February. |
This is a surprise but it cannot last. We think the other elements of the report give a better indication of the strength of the market, with supply of single-family homes up to 5.3 months, compared to just 4.0 a year ago. Price gains have slowed to 7.8 percent year-on-year, down from 10.4 percent in Feb and a 19-month low. Much lower sales will follow. |
This is a welcome surprise; the trend in claims in recent weeks has been strongly upwards. |
This is an extremely strong report, |
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, |