Heading into 2006, the fundamentals for business spending in equipment and software look solid. Firms will need to invest more to meet demand.
More Quotes from Stephen Stanley:
It is definitely clear that (housing) is one area where you will see less growth,Stephen Stanley
While housing demand will probably continue to moderate from the torrid pace seen in the last few years, housing starts should remain well-supported in the coming months, as builders' backlogs remain near record levels and rebuilding along the Gulf Coast will eventually boost activity.
Stephen Stanley
We're in a pretty quiet time of the year. We've been pretty directionless today. Oil hasn't been doing much.
Stephen Stanley
The report follows the recent pattern of strong growth and no inflation.
Stephen Stanley
The big picture for the consumer still looks good.
Stephen Stanley
There is sufficient upbeat news on the economy to convince the FOMC to tighten. If the economy warrants a rate hike, the Fed would be doing a great service by delivering.
Stephen Stanley
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