Ralph Kauffman Continued Quotations

Respondents also commented on hurricanes Katrina and Rita and their impact on the energy supply and on the availability and cost of construction materials and truck transportation. The overall indication is continued economic growth in the non-manufacturing sector in October, but with a high level of concern about the impact of energy prices,

The overall indication in December is continued economic growth in the non-manufacturing sector with a cautiously optimistic outlook as we enter 2006.

The overall indication in January is continued economic growth in the non-manufacturing sector, but at slower rates of increase.

Concern about the continued high level of energy prices and its impact on economic activity is again the number one topic on which survey respondents commented.