Steven Wood Quotes

Sharp production cuts will continue to bring down inventories, which will set the stage for the economic recovery when spending revives.

- Steven Wood

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Sharp | Production | Cuts | Continue | Bring |

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It's unclear whether the declines are related to year-end concerns or to a more general softening in manufacturing activity, but they do add evidence to the (Fed's) forecast for slower growth going forward. - Steven Wood

It confirms that the (Fed) was correct in pausing their tightening cycle at last week's meeting. - Steven Wood

Although productivity is not likely to return to the supercharged pace of last year, it is likely to settle in comfortably above the 1.5 percent average pace during the 20 years before 1995. - Steven Wood