The gain was smaller than we had expected, and much of it came in utility usage, reflecting the extremely cold weather in the period.
"Steve Stanley" (born 1970) is an American music historian, reissue producer, and the founder of Now Sounds, a reissue record label established in 2007 and distributed by Cherry Red Records. Steve has produced reissues of albums by The Association, Janis Ian, The Cowsills, The Mamas & The Papas, The Knack, Ruthann Friedman, Donna Loren, Roger Nichols (songwriter)/Roger Nichols, Paul Williams (songwriter)/Paul Williams, and Tiny Tim (musician)/Tiny Tim, among others. Prior to establishing Now Sounds, Stanley was hired by Bob Keane and co-produced reissues for Del-Fi Records. He later produced over 50 titles for Rev-Ola Records.
Also a graphic designer, Stanley has art directed and/or designed boxed set packages and reissues for Rhino Records and Sony/Legacy, including titles by Nilsson, Bee Gees, The Monkees, Love, and Jan & Dean, The Beau Brummels, among others. Stanley also art directed the various-artist collection Where the Action Is! Los Angeles Nuggets 1965–1968. In 2010 this boxed set was nominated for a 53rd Grammy Awards#Historical/Grammy Award in the best Historical album category.More Steve Stanley on Wikipedia.
I do not view the upside surprise as being terribly significant. There were very few areas of concern within the core.
Just because people were extremely concerned in the first days after Katrina hit does not mean that spending has fallen apart. Indeed, the weekly chain store sales results suggest that the impact so far has been surprisingly modest.
The Fed may need to prove its inflation-fighting credentials because expectations could be shifting a bit. The case for continued rate hikes has become, if anything, more compelling since Katrina.
That's not exactly an evaluation which would suggest that Friday's number will be a blowout to the upside.
This kind of situation calls on each one of us to reach out in any way we can. All of us at Bladen Builders, like people all over the world, wanted to contribute in some manner. When our distributor, Do it Best Corporation, notified us of the collaborative effort, our feelings quickly turned into a desire to act.
This raises the odds that manufacturing payrolls may finally break through on Friday and register a gain.
We continue to believe that the Fed will keep tightening into 2006 and take the funds rate above 5 pct next year.
At the same time, notwithstanding the lack of job creation, the economy is generally strong.