Steven Wood Quotes

Weakness in the composite index suggests that economic growth will slow over the next three to six months.

- Steven Wood

Tags

Weakness | Composite | Index | Suggests | Economic |

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Unseasonably mild weather in January, coming after unseasonably severe weather in December, generated a huge increase in housing starts. Moreover, February's weather is likely to generate a big decline in housing activity next month. - Steven Wood

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With employment gains non-existent, income growth has slowed. As households also become more judicious in taking on more debt, consumer spending will remain soft. - Steven Wood