Anthony Chan Although Quotations

Although it may be too soon to conclude that the soft patch is no more, today's impressive job figure does suggest that the slowdown may not be everlasting,

Although it's not particularly good news for the housing market, the fact that you're seeing weakness here shows that monetary policy is working and the (Fed) would not have to blunt the economy with more hikes than the market has been anticipating.

Although the BLS failed to provide an estimate of what the hurricane did to this report, my research does show that in nine out of the last 10 largest hurricanes, payrolls softened by an average of 120,000,

Although the current growth environment is not impressive, positive growth is still positive growth. On the darker side of things, however, we must admit that the economy still lacks the growth momentum needed to correct many of the labor market ailments.

Although the gain in real GDP came in somewhat below market expectations, the details of the report were much more favorable,

Although today's employment report provides little evidence of anything resembling a double-dip recovery, it does provide stronger support for the onset of a gradual to a moderate recovery in the months ahead.

Although we should get a boost from the reduction in tax withholding along with tax rebates to lower-income taxpayers, the fear is that the persistence of poor labor-market conditions and continuing geopolitical risk may end up tempering economic growth conditions during the third quarter.

The lackluster change validates the Fed's view that inflation is not likely to be a major overall issue in 2004. Although this bodes well for policy, it is not a positive for corporate pricing power.

If the manufacturing sector remains mired in a recession mode for too long, it may be signaling the same for the rest of the economy. Although it may be a bit too early to make that assessment, there should be universal agreement that the ISM outcome certainly does not bode well for the rest of the economy.

I have to come away with the view that the drop in crude prices offered the opportunity for a relief rally, although it didn't offer that much relief.

The jump in payrolls this month shows that although the economy clearly went through a wider-than-expected soft patch, it does not appear as though the shortfall in growth was permanent,