The level of economic optimism is still quite high, especially given the continued sluggishness in the economy, rising joblessness, corporate profits warnings and equity market volatility. |
The manufacturing sector continues to grow at a moderate pace but with less strength than in the prior couple of months. |
The narrowing of the budget shortfall in October is largely due to timing factors. Nevertheless, there is no apparent deterioration caused by the federal relief efforts following Hurricanes Katrina and Rita, |
The narrowing of the budget shortfall in October is largely due to timing factors. Nevertheless, there is no apparent deterioration caused by the federal relief efforts following Hurricanes Katrina and Rita. |
The pace of layoffs is rising again, while new hiring has stopped, ... These trends will likely be extended because of the economic dislocations associated with this week's tragic events. |
The pace of layoffs is rising again, while new hiring has stopped. These trends will likely be extended because of the economic dislocations associated with this week's tragic events. |
The positive influence of tax rebate checks and lower energy prices is being overwhelmed by the adverse impact of highly noticeable layoff announcements and the turmoil in the stock market, |
The recent movements in the index suggest only moderate economic growth over the next 6 to 9 months. |
The recent pace of growth in the leaders suggests that economic growth should slow from its 3.6 percent over the four quarters through the third quarter of 2005. |
The Sept. 11 terrorist attacks seem to have had little impact on the factory sector so far. However, many industries have already reported further production cuts as demand has waned. A more substantial contraction is expected next month. |
The sharp slowing in domestic demand has dramatically reduced imports. Weakening economic activity in our major trading partners has significantly reduced the foreign demand for American-made products. |
The signals in the manufacturing sector have become quite mixed. The diffusion indices suggest a slowing pace of growth while the factory and durable goods reports indicate an acceleration. In the past, when this type of divergence has occurred, the diffusion indices have usually been the better indicator. |
The slowdown in manufacturing activity will be welcomed at the Federal Reserve, where any sign of economic slowing will be cheered. |
The spring slowdown in factory activity, due largely to an inventory adjustment cycle, is now history, |
The spring slowdown in factory activity, due largely to an inventory adjustment cycle, is now history. |