Steven Wood Quotes

Despite the loosening of the labor markets, income gains remain sufficient to support spending at a moderate pace.

- Steven Wood

Tags

Loosening | Labor | Markets | Income | Gains |

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Although the fundamentals have deteriorated builders have been cautious, so there is no imbalance of unsold new homes... Therefore, as long as new home sales are maintained near current levels, housing construction can also continue near these levels. - Steven Wood

Although the (Fed) will not be pleased with the sharp decline in productivity growth over the past year, they will view it as a cyclical phenomenon rather than a retreat from the productivity-led expansion of the past 5 years. - Steven Wood

This relative stability has been remarkable given the ebbs and flows in job creation, the equity markets, the conflict in Iraq, the election campaign, interest rates and gasoline prices. - Steven Wood