Howard Archer Quotes

While the CBI survey indicated a marked softening in consumer spending following the relatively strong December performance, it nevertheless indicated a significantly stronger performance than that seen overall in recent months.

- Howard Archer

Tags

Survey | Marked | Softening | Consumer | Spending |

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Below the headline data there are some positive features that should not be overlooked. - Howard Archer

With economic growth likely to remain below trend in the near term at least and unemployment set to continue rising, there is a very real danger that individual insolvencies and mortgage repossessions will climb markedly further over the coming months. - Howard Archer

This is still a pretty healthy report overall that suggests that the service sector has started 2006 relatively strongly. The report does little to change perceptions that the Bank of England will keep interest rates unchanged next week, and very probably for some time to come after then. - Howard Archer