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Quotations
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Steven Wood Quotes
«These data indicate that wholesale deliveries to retailers are falling quickly, responding to the slowing pace of retail sales. However, deliveries from manufacturers and imports have not slowed as sharply. Unless retail sales revive, wholesalers will continue to cut their orders from manufacturers and imports, maintaining the downward pressure on the factory sector.»
Author: Steven Wood
«Although housing should slow modestly over the balance of the year, it is unlikely to generate the major weakness typically associated with housing during an economic downturn.»
Author: Steven Wood
«The (Fed) will continue to focus policy on reviving economic growth.»
Author: Steven Wood
«Housing activity remains quite robust despite the slowing economy, decline in jobs, and faltering stock market.»
Author: Steven Wood
«The highlight will likely be Wednesday's... revision,»
Author: Steven Wood
«This will offer some partial restraint to consumer spending.»
Author: Steven Wood
«Productivity has slowed during the past year because output has fallen more quickly than employment and hours have been trimmed.»
Author: Steven Wood
«Slack demand and intense competition are preventing companies from raising prices.»
Author: Steven Wood
«Manufacturing is mired in a deep, prolonged recession.»
Author: Steven Wood
«Inflation is sufficiently low and tame -- and the economic outlook is sufficiently uncertain -- to be of little concern to the Fed at present.»
Author: Steven Wood
