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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (256125)10/18/2005 2:29:21 PM
From: tejek  Read Replies (2) | Respond to of 1572416
 
American Standard just missed earnings big time. Its CEO, a respected name in the housing sector, is saying that the consumer has had enough and can't afford to spend on new housing and remodels of bath and kitchen.

This comes on the heels of report showing that last quarter, global oil consumption was down YOY....albeit in a small way.....the first time in a couple of years. Sounds like we are heading towards recessionland.

ted