In the past year, the number of people receiving state benefits has increased by more than a million, ... Although the pace of layoffs has eased, job creation remains nonexistent.
More Quotes from Steven Wood:
Labor markets are deteriorating quickly in the wake of the terrorist attacks on September 11, ... The economy was quite weak before the attacks, which have accelerated the pace of layoffs. As layoffs spiral higher, hiring activity has stopped, giving a strong upward push to joblessness.Steven Wood
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.
Steven Wood
In an environment of slower growth, steady job creation, weaker productivity gains, and modestly rising inflation that we envision for 2005, the FOMC will continue to lift its target federal funds rate,
Steven Wood
Wholesalers had been struggling with bulging inventories through the winter and spring, ... However, plunging sales had largely thwarted their efforts. July's improvement is a welcome respite in this struggle.
Steven Wood
These data are consistent with still-strong domestic and improving international economic activity.
Steven Wood
This will help boost overall economic growth to above 4 percent our current (third-quarter) estimate is 4.5.
Steven Wood
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Based on Topics: Past Quotes, People QuotesI go out there and get my eyes gouged, my nose busted, my body slammed. I love the pain of the game.
Dennis Rodman
Man never thinks himself happy, but when he enjoys those things which others want or desire.
Alexander Pope
Calculated risks of abuse are taken in order to preserve higher values.
Warren E. Burger