Although manufacturing activity is still expanding, momentum in the manufacturing sector has clearly faded. This report confirms that the FOMC was correct in pausing their tightening cycle at last week's meeting. |
Although mortgage rates have declined over the past three weeks, mortgage applications volumes have continued to fall. This is partially due to the flat yield curve and partially due to tighter lending standards by financial institutions. |
Although productivity is not likely to return to the supercharged pace of last year, it is likely to settle in comfortably above the 1.5 percent average pace during the 20 years before 1995, |
Although productivity is not likely to return to the supercharged pace of last year, it is likely to settle in comfortably above the 1.5 percent average pace during the 20 years before 1995. |
Although real consumer spending was strong it has slowed for two consecutive quarters and finished Q1 with very little momentum, ... In order to sustain recent strength in real consumer spending, job creation will need to accelerate further. |
Although real consumer spending was strong it has slowed for two consecutive quarters and finished Q1 with very little momentum. In order to sustain recent strength in real consumer spending, job creation will need to accelerate further. |
Although the (Fed) will not be pleased with the sharp decline in productivity growth over the past year, they will view it as a cyclical phenomenon rather than a retreat from the productivity-led expansion of the past 5 years. |
Although the fundamentals have deteriorated builders have been cautious, so there is no imbalance of unsold new homes, ... Therefore, as long as new home sales are maintained near current levels, housing construction can also continue near these levels. |
Although the fundamentals have deteriorated builders have been cautious, so there is no imbalance of unsold new homes. Therefore, as long as new home sales are maintained near current levels, housing construction can also continue near these levels. |
Although the level of sales is still relatively high, the solid growth of the past three years has been arrested, helping the Fed's efforts to slow the pace of economic growth, ... However, mortgage rates have declined over the last six weeks, so further substantial weakness may not be forthcoming. |
Although the level of sales is still relatively high, the solid growth of the past three years has been arrested, helping the Fed's efforts to slow the pace of economic growth. However, mortgage rates have declined over the last six weeks, so further substantial weakness may not be forthcoming. |
Although these data were better than expected, job creation is still weak. |
Any slowing in sales will reveal moderate overbuilding. |
As long as average job creation remains around or exceeds 200,000 and the unemployment rate continues to decline, the FOMC will continue to raise interest rates. |
As long as manufacturing continues to grow this solidly, the [Fed] will be biased toward higher rates. |