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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: dave stahly who wrote (32592)8/25/2000 2:29:15 PM
From: James Strauss  Respond to of 50167
 
Dave:

Thanks for the reality check in the transportation sector... When people buy less, it has a rippling effect throughout the economy... Your industry is usually one of the first areas to see the effects of a slowdown in consumer buying... Hopefully the stopping of rate hikes for the past two FED meetings may give the economy a chance to get back on its feet... If not, we'll begin seeing layoffs throughout most economic sectors beginning with retail, transportation, and manufacturing... The next few GDP and employment reports should tell us what's happening...

Jim