The inventories number was weaker than expected and suggests they may detract from growth in the third quarter. It looks like GDP is going to be weak for the quarter. -Adam Carr

 

The inventories number was weaker than expected and suggests they may detract from growth in the third quarter. It looks like GDP is going to be weak for the quarter.


-Adam Carr
122

Comments

There are not yet any comments on this quote. Why not register / login and be the first?




This quote is just one of 8 total Adam Carr quotes in our collection. Adam Carr is known for saying 'The inventories number was weaker than expected and suggests they may detract from growth in the third quarter. It looks like GDP is going to be weak for the quarter.' as well as some of the following quotes.

Our expectation is that GDP will increase by 0.9% in the June quarter to be 2.1% higher that the June quarter 2004.

Adam Carr

If it looks like high oil prices will be sustained or even rise further, then it does put the pressure on the bank to hike rates again.

Adam Carr

The labor market will soften this year and that will take pressure off the central bank. Increasingly people expect the bank to remain on hold as domestic demand and employment growth slow.

Adam Carr

We've been consistently surprised by the strength of the labor market. We still think over the next year it will moderate amid slowing housing and consumer spending.

Adam Carr

Australia has a split economy. The resources sector is booming, but the rest of the economy is slowing.

Adam Carr