Ian Shepherdson Quotes

Inventories remain very low and will add to third quarter and fourth quarter growth, too.

- Ian Shepherdson

Tags

Inventories | Remain | Quarter | Fourth | Growth |

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This may mark the start of an upturn in exports, but it's too soon to be sure. - 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

This report does not change the big picture, but it lifts the starting point for growth in both the first quarter and 2003 as a whole; good news. - Ian Shepherdson