Ian Shepherdson Strongly Quotations

This strongly suggests that core finished goods' prices will slow over the next few months,

Core sales slowed hugely at the end of the year, almost certainly as a result of the cash flow hit caused by the post-Katrina leap in energy prices. This is now over, and sales should rebound strongly in the first quarter.

they strongly suggest that the trend in employment growth is slowing hard. A big drop in May payrolls may be in the cards.

This is a welcome surprise; the trend in claims in recent weeks has been strongly upwards.