It's a continuing surprise, given weakness in other sectors of economy. Normally, the housing sector is very sensitive to the overall business cycle.
More Quotes from Scott Brown:
I've criticized President Bush for his failure to use his veto pen. There's plenty of blame to go around. The question is how to solve problems. It's not bailouts. What made America great? Free markets, free enterprise, manufacturing, job creation. That's how we're gonna do it, not by enlarging government.Scott Brown
This means we may end up with a softer March but much stronger April. Easter is one of the biggest retail seasons. It's when new merchandise comes out and families get together for dinner. The later in the year it falls, the bigger the boost to the economy, since the weather is more likely to be favorable.
Scott Brown
The strength of U.S. domestic demand on the price outlook can't be overlooked. On the positive side, the U.S. population continues to grow to 360 million people, creating potential beef eaters.
Scott Brown
Most of the first quarter spending decline was in structures. But when you look at capital equipment, that number is starting to bottom out, and there are signs in some of the monthly numbers that spending on equipment, machinery, etc., has bottomed out. Maybe an upward trend is starting to develop.
Scott Brown
They want to keep their options open for late June but most likely they may end up leaning toward another rate hike as the data continues to come in strong.
Scott Brown
Readers Who Like This Quotation Also Like:
I just smoked a Cohiba the other day. It was great. You have to appreciate everything that cigar is.Daisy Fuentes
Death would not be called bad, O people, if one knew how to truly die.
Guru Nanak
I'm the 1st black platinum artist in Detroit, solo artist in Detroit.
Obie Trice