Ian Shepherdson Quotes

Companies are doing more, with fewer people.

- Ian Shepherdson

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We think not, but this report muddies the waters for the FOMC. - Ian Shepherdson

Over the next few months we expect starts to strengthen as reconstruction begins on the Gulf Coast - the rise in permits may be an early sign - but elsewhere starts still need to lag sales. Demand is still huge but there are too many new homes for sale. - Ian Shepherdson

The underlying trends are still adverse, however, and the deficit will rebound next month. - Ian Shepherdson