Michael Moran Quotes

It shows there is still solid underlying demand for housing and that activity this year, while slowing, is not going to collapse.

- Michael Moran

Tags

Shows | Solid | Underlying | Demand | Housing |

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Though the (economic data) have been mixed, they've been more negative than positive, and the outlook for the risks the economy faces is distinctly on the downside. The Fed has more to gain by erring on the side of accommodation. - Michael Moran

Manufacturing was going strong before Katrina hit and the ISM report told us Katrina didn't have much effect on activity across the nation. The economy is likely to remain on a solid growth track. - Michael Moran

I was especially impressed with the new orders index. It rose more than three percentage points and is not far from 50 percent. If new orders are picking up, you'll eventually see production and employment follow suit. - Michael Moran