The fact that this gain occurred in a month when sales also increased implies it was intended inventory building. If firms had wanted to cut inventories, they could have used the increase in sales as an opportunity to cut further. - Michael Moran Quotes
The fact that this gain occurred in a month when sales also increased implies it was intended inventory building. If firms had wanted to cut inventories, they could have used the increase in sales as an opportunity to cut further. Michael Moran
 Sales

More - Michael Moran Quotes

It shows there is still solid underlying demand for housing and that activity this year, while slowing, is not going to collapse. - Michael Moran Quotes

It shows there is still solid underlying demand for housing and that activity this year, while slowing, is not going to collapse.

Michael Moran

 
This report is a sign that the manufacturing sector is on solid ground after a weak performance in 1998 and the early part of 1999. - Michael Moran Quotes

This report is a sign that the manufacturing sector is on solid ground after a weak performance in 1998 and the early part of 1999.

Michael Moran

 
Mortgage rates have increased an additional 35 basis points from their average in the first quarter, - Michael Moran Quotes

Mortgage rates have increased an additional 35 basis points from their average in the first quarter,

Michael Moran

 
There's a firm belief in the financial markets that inflation is under control and is not likely to emerge as a problem. - Michael Moran Quotes

There's a firm belief in the financial markets that inflation is under control and is not likely to emerge as a problem.

Michael Moran

 Belief
What I would conclude is that we are backing away from the robust levels of housing activity we saw in the spring and summer of last year, but there is by no means a swoon going on in housing activity just yet. - Michael Moran Quotes

What I would conclude is that we are backing away from the robust levels of housing activity we saw in the spring and summer of last year, but there is by no means a swoon going on in housing activity just yet.

Michael Moran

 
As far as the village is concerned, we'll preserve the status quo based on official county records. - Michael Moran Quotes

As far as the village is concerned, we'll preserve the status quo based on official county records.

Michael Moran

 
It's very viable to build temporary facilities for things like cycling and swimming. - Michael Moran Quotes

It's very viable to build temporary facilities for things like cycling and swimming.

Michael Moran

 
We had downward revisions in both April and May totaling 38,000. They tend to dull the June results. It's a good report on the economy, but not one that shows overwhelming strength. - Michael Moran Quotes

We had downward revisions in both April and May totaling 38,000. They tend to dull the June results. It's a good report on the economy, but not one that shows overwhelming strength.

Michael Moran

 
We had downward revisions in both April and May totaling 38,000, ... They tend to dull the June results. It's a good report on the economy, but not one that shows overwhelming strength. - Michael Moran Quotes

We had downward revisions in both April and May totaling 38,000, ... They tend to dull the June results. It's a good report on the economy, but not one that shows overwhelming strength.

Michael Moran

 
The new figures will reinforce the views now emerging among policy-makers that the economy has more inflation resistance than in the past. The gains also dampen the likelihood of (Fed interest rate) adjustments down the road. However, the new data does not assure that the Fed is done for this cycle. - Michael Moran Quotes

The new figures will reinforce the views now emerging among policy-makers that the economy has more inflation resistance than in the past. The gains also dampen the likelihood of (Fed interest rate) adjustments down the road. However, the new data does not assure that the Fed is done for this cycle.

Michael Moran

 Economy
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