As is evident, a clear deceleration appears to be underway, ... The gain was not large enough to recoup the 13.1 month-over-month decline in July.
More Quotes from David Orr:
We would not argue the gradual year-to-year increase in unit labor costs is not of concern at the Fed, but are convinced that none of today's data will impact their decision at their next meeting on Oct. 5,David Orr
We're looking at an innovative non-standard way to float the company, that may involve giving existing shareholders priority in any offering. We're not ruling anything out.
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While the monthly data is often erratic and the government statisticians warn that it takes four months to establish a change in trend, it is pretty clear from the top chart that the explosion in housing from 1997 through early 2000 is ending.
David Orr
Initially, we estimated the number of people in need was about one million and we had reached about 50 percent of them. We've had a food security team in the field and they've revised the estimate up quite dramatically.
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Not bad, but less than the 18 percent (annual rate of growth) in the second quarter and 26 percent (rate) in the first quarter.
David Orr
The soap opera will continue. I wouldn't take them off stage altogether as some people are doing.
David Orr
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Based on Keywords: deceleration, month-over-month, recoupThere is great force hidden in a gentle command.
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The final test for a novel will be our affection for it, as it is the test of our friends, and of anything else which we cannot define.
E. M. Forster