If growth is slowing because of a supply restraint, that would mean demand putting upside pressure on prices, making these remarks hawkish.
More Quotes from David Sloan:
Some have claimed it has a good relationship with the payroll (report), but we do not see its relationship as very impressive,David Sloan
Housing is strong because of low interest rates. Because of the aftermath from Katrina, there will probably be a pickup in sales.
David Sloan
The ISM data really do look very strong, but you have to remember that these surveys simply ask whether things are getting better, getting worse, or staying the same,
David Sloan
It's Christmas, it's a difficult week for seasonal adjustments.
David Sloan
This data is fresh evidence that recent gains in mortgage rates are hitting the housing market.
David Sloan
The number was stunningly strong. It will certainly cause people to reassess their views on the manufacturing outlook.
David Sloan
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