Steven Wood
Steven Wood
Steven Woodwas an Australian sprint canoeist and marathon canoeist who competed in the late 1980s and early 1990s. Competing in two Summer Olympics, he won a bronze medal in the K-4 1000 m event at Barcelona in 1992...
appears consumer convince december evidence further january market open related spending strength weakness
Some of the December strength and January weakness appears to be related to Y2K precautions; the (Federal Open Market Committee) will need a lot more evidence of a slowdown in consumer spending than this to convince them that further tightening is not warranted,
decline effects fact fell four higher hurricane mortgage rates regions related
While some of the decline was related to the effects of Hurricane Floyd, the fact that all four regions fell suggests that higher mortgage rates are also having a constraining effect.
although both building clear improving inventory likely occurred orders provides recovering recovery related shipments staying support trend
There is a clear improving trend in orders which provides support for the recovering manufacturing sector, ... Although some of the inventory building that occurred was likely Y2K related and will be reversed in the new year, the acceleration of both shipments and backlogs suggests that the manufacturing recovery has substantial staying power.
burden coming consumer goods higher home housing improvement industry interest items lead rates related spending weigh
The burden of higher interest rates will weigh down the housing industry further. This, in turn, should lead to moderated residential construction and home related consumer spending on goods such as furniture, appliances, and home improvement items in coming months.
add concerns declines evidence forecast general growth related slower unclear whether
It's unclear whether the declines are related to year-end concerns or to a more general softening in manufacturing activity, but they do add evidence to the (Fed's) forecast for slower growth going forward.
correct cycle last
It confirms that the (Fed) was correct in pausing their tightening cycle at last week's meeting.
advertising dramatic job lost market newspapers share shift
Because of the dramatic shift in job advertising market share from newspapers to the Internet, the help-wanted index has lost much of its luster.
economy imports thereby trade
Because the U.S. economy has slowed more sharply than the international economy, imports have been impacted more than exports, thereby narrowing the trade deficit.
margins power pricing profit remain
Because pricing power has disappeared, profit margins will remain under significant pressure.
both gentlemen hopeful members prayer says time valuable
It is our family's prayer that both of these gentlemen will become valuable members of this society.Only time will tell with Cam Hall, but we're hopeful that what he says is real.
associated economic extended hiring layoffs likely pace rising tragic trends
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.
associated economic extended hiring layoffs likely pace rising tragic trends
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.
core energy huge inflation masked motor past prices producer retreat sharp swings vehicle
Huge swings in energy and motor vehicle prices have masked a sharp retreat in core producer inflation over the past 6 months.
alan attitudes chairman concerns consumer given regarding reserve seen
Given (Federal Reserve Chairman Alan Greenspan's) concerns regarding consumer attitudes this development has to be seen as worrisome.