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Steven Wood Quotes

While good gains in productivity are economically favorable, it is not a good situation when this occurs because labor input is declining more rapidly than output. - Steven Wood

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Good | Gains | Productivity | Economically | Favorable |

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Volumes are still strong enough to generate a few new factory jobs amid robust productivity gains... Moreover, capital spending appears to be on track for another solid contribution to third quarter GDP. - Steven Wood

Although home buying remains at relatively high levels, and though no longer robust, refinancing activity has slumped. Less refinancing activity should dampen consumer spending. - Steven Wood

The deterioration in economic activity would argue for a more aggressive move, but the Fed has rarely moved by more than (half a point) during Greenspan's tenure. - Steven Wood

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