Calvin Schnure Quotations

We are not going to see a significant impact overnight as a result of an OPEC agreement. I don't see prices going any higher for the time being, but it will take some time to see the increase of supply push down the price of fuel.

We are not going to see a significant effect overnight as a result of an OPEC agreement. I don't see prices going any higher for the time being, but it will take some time to see the increase of supply push down the price of fuel.

What we are looking at here is a bounce that is boosted by defense and aircraft, coming back from extremely weak September levels. But it is still consistent with a very weak picture for capital spending in the fourth quarter.

These numbers are weak. Even if you factor in the upward revision to the April data, this points to a slowing in consumer spending in the second quarter.