These data suggest that a bottoming in economic activity is taking place, but that a bit more inventory adjustment is needed to insure a re-acceleration in growth. |
These data suggest that a manufacturing turnaround has not yet arrived. |
These data suggest that the manufacturing sector continues to bleed. Lower interest rates, fiscal stimulus and declining energy costs have not yet made any difference to this part of the economy. |
These data, combined with everything else that has been reported, suggest that Q1 GDP should rise comfortably above 1.0 percent, |
These data, combined with everything else that has been reported, suggest that Q1 GDP should rise comfortably above 1.0 percent. |
This drop may be more due to temporary factors like wet weather than the beginning of a major reversal in housing. |
This month's modest gain indicates that the sharp rebound from the post-Hurricane Katrina meltdown has been completed. The gentle slowing trend that had been in place for much of 2005 may have been halted, but it is too soon to tell with any confidence. |
This relative stability has been remarkable given the ebbs and flows in job creation, the equity markets, the conflict in Iraq, the election campaign, interest rates and gasoline prices. |
This stronger consumer sentiment may yet translate into solid core consumer spending for the holiday season. |
This was the first time that the January budget has been in deficit since 1992. |
This will help boost overall economic growth to above 4 percent; our current (third-quarter) estimate is 4.5. |
This will offer some partial restraint to consumer spending. |
Unless there is a quick rebound in sales, this suggests further weakness in production and declines in inventories over the months ahead. |
Unseasonably mild weather in January, coming after unseasonably severe weather in December, generated a huge increase in housing starts. Moreover, February's weather is likely to generate a big decline in housing activity next month. |
Volumes are still strong enough to generate a few new factory jobs amid robust productivity gains, ... Moreover, capital spending appears to be on track for another solid contribution to third quarter GDP. |