Sherry Cooper Sector Quotations

Today's report indicates that the sector is still robust and entered the second quarter with lots of momentum.

The cooling U.S. housing sector should apply a dampener to consumer spending... but some of this could be offset by still-decent job growth.

The cooling US housing sector should apply a dampener to consumer spending as 2005-2006 unfolds, but some of this could be offset by still-decent job growth.

The cooling U.S. housing sector should apply a dampener to consumer spending as 2005-2006 unfolds, but some of this could be offset by still-decent job growth.

The cooling U.S. housing sector should apply a dampener to consumer spending ... but some of this could be offset by still-decent job growth.

Although the cooling U.S. housing sector is going be a major drag on consumer spending as 2006 unfolds, consumers are starting the year in an upbeat mood, buoyed by solid labor markets. As such, U.S. consumer spending could display more early-year resilience than is currently expected.