Econospeak...

The Loony Bin ( loonies@bloodaxe.demon.co.uk )
Fri, 7 Jun 1996 08:40:41 +0100


Hiya Pople...

Here's a classic example of the things that people say...

Wishes & Dreams...

- ANDREA
        xx

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  ------- Forwarded foolishness follows -------

Quote from Gary Shields, President of Gray Mills Corp.
  
"In considering the current and future economic situation, it should be
noted that the drop in sales and income figures show an easing -
corresponding to that at which the drop in business is easing up. This
may be taken as an indication that there is a slow but noticeable
slowing down of the slow down.  
  
In this regard, it should be pointed out that the slowing up of the slow
down is not as good as an upturn in the down turn, but it is a great
deal better than either a speed up of the slow down or a deepening of
the down curve - and it does suggest an early adjustment of the
readjustment.

As to employment - in this area there is a definite decrease in the rate
of increase, which clearly shows that there is a letting up of the let
down. Of course, if the slow down should again speed up, then the
decrease in the increase in the rate of unemployment would turn into an
increase in the rate of decrease of employment.  In other words, the
acceleration would decelerate.

In summary - the indicators suggest a leveling off, referred to in
economic circles as a 'bottoming out'.  This should be followed by a
pick up of the slow down and finally a leveling off of the peaking
point, but at the same time it is rather hard to tell before we are sure
the slow down is complete, whether this particular pick up is going to
be faster than the slow down."