“Today's manufacturing output figures were ... worse than the market expected. The sector continues to stagnate and is persistently failing to sustain a recovery. The figures also confirm that the sector was in technical recession in the first half of 2005. The manufacturing sector's acute underlying weaknesses reinforce our view that we will need further interest rate cuts later in the year.”
David Kern
“Today's manufacturing output figures were ... worse than the market expected. The sector continues to stagnate and is persistently failing to sustain a recovery. The figures also confirm that the sector was in technical recession in the first half of 2005, ... The manufacturing sector's acute underlying weaknesses reinforce our view that we will need further interest rate cuts later in the year.”
“to stagnate or worse.”
Alan Greenspan
“Iron rusts from disuse; water loses its purity from stagnation ... even so does inaction sap the vigour of the mind.”
Leonardo da Vinci
“Ennui has made more gamblers than avarice, more drunkards than thirst, and perhaps as many suicides as despair.”
Buddha
“We stagnated for a little while, but through a combination of things we've begun to take off.”
Joseph Jackson
“(The data) clearly suggest that industrial production has come out of its yearlong stagnation and is now in an uptrend, thanks to the recovery in exports, and domestic demand gaining some momentum.”
Hiroshi Shiraishi