Other things equal, subsequent declines in spot prices for iron ore and coking coal would, if sustained, see the terms of trade fall
further over the next few quarters.
Given the decline over 2004 in these leading indicators, dwelling investment is likely to fall
further over the next few quarters.
Not exact matches
Company analysts are expecting
further strong growth in earnings
over the
next few quarters, based on a more optimistic outlook for the US economy and the latest company earnings reports (Graph 15).
Engineering construction has risen by 36 per cent
over the past year and the unprecedented amount of work yet to be done suggests
further expansion in the
next few quarters.
Much will depend on how
far home prices tumble
over the
next few quarters, how high unemployment climbs, how many homeowners are pushed into foreclosure from rate resets, and, most importantly, how
far the crisis spills into the conventional mortgage market and other parts of the credit sector.