Ian Shepherdson Quotes

With gas prices still falling, there is every chance that next month will see confidence returning to its summer levels or even hitting new highs, signaling strong spending in [the first quarter].

- Ian Shepherdson

Tags

Prices | Falling | Chance | Month | Confidence |

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Ignore the ISM at your peril... Assuming this report is not a fluke - everything we look at suggests it is very real - it is consistent with year-over-year GDP growth accelerating to 4 percent by the summer. - Ian Shepherdson

We had hoped the flow of people filing for extended benefits would slow this week, pushing claims back towards their underlying trend -- about 350,000, but it didn't happen. - Ian Shepherdson

The January revision is mostly due to the plunge in aircraft orders reported in the durable-goods numbers. In February, the index was pulled down by lower consumer confidence, higher jobless claims, shorter delivery times and lower building permits. - Ian Shepherdson