Growth looks solid. The problem is prices paid were up again, suggesting inflation pressures remain a concern.
I don't think you have to worry about a profit squeeze, but don't be surprised when people start shouting profit growth has peaked. A lot of companies that are seeing increased costs for raw materials will not be able to pass them on to the consumers.
Manufacturing growth has moderated in recent months, as the cycle moderates despite the hype about the new-found recovery.
The outlook accounting for Katrina suggests growth will slow in both the third and fourth quarter due to slower consumer spending.
We are currently estimating first-quarter US real gross domestic product growth at 5.3 per cent and feel the risks are nearly uniformly stacked on the upside.
There has to be concern about sustainability of growth overseas; Japan is central to that issue, ... If people are looking at fundamentals, that's the only news they have to look at this morning.
We're expecting housing to be flat in the second quarter and a drag on economic growth in the third quarter and fourth quarter.
As suggested by the orders data and the ISM survey, the initial stage of inventory replenishment has not been sustained, ... Slower growth ahead remains the most likely outcome.
This is really the first post-NAFTA, post-WTO economic recovery we've ever had in this country. Because of the globalization of the labor market, the relationship between economic growth and employment is different this time than it has been in the past.
Inflation gains remain modest but they are gains. This suggests that interest rates will continue to rise as the Fed raises rates at the short end and bond traders discount trend growth and higher inflation at the long end.