Steven Wood Quotes
With the airlines reducing schedules, we've already seen that cascade back on airline manufacturers like Boeing... And that has cascading effects on hundreds, if not thousands, of vendors who supply parts and components to Boeing. 
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Airlines | Reducing | Schedules | Cascade | Airline |
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The slowdown in manufacturing activity will be welcomed at the Federal Reserve, where any sign of economic slowing will be cheered.
- Steven Wood
[The numbers] are consistent with a recovering manufacturing sector, with little indication of any slowdown in the post-Y2K period... For the FOMC, with few signs of slowing economic activity outside of housing, a rebounding manufacturing sector will keep the pressure on for higher rates.
- Steven Wood