The Montbarrys remained at
Paris, until it was time to present themselves at the family meeting in Venice.
Stuart, who had remained at
the foot of the falls with the goods, and who knew that the proffered assistance of the savages was only for the purpose of having an opportunity to plunder, determined, if possible, to steal a march upon them, and defeat their machinations.
Supply and demand have remained at
relative equilibrium, as new product has been added just in time.
Housing demand remained at
a high level, and deepening trade deficits provided only a partial offset to the strength in domestic spending.
Inventory investment in manufacturing was only a bit below its pace in the second quarter, but the inventory-shipments ratio for the sector remained at
a very low level.
Despite this generally healthy picture, some households still face difficulties meeting debt obligations, and delinquency rates for consumer loans have remained at
Business inventory investment picked up sharply in October from the slow September pace, but total stocks remained at
a low level in relation to sales.
Outlays dropped noticeably in the fourth quarter of 1995 and the first quarter of 1996, and preliminary data suggest that they remained at
a fairly low level in the second quarter.
The overall rate of capacity utilization in manufacturing remained at
a high level, with most major industry groups operating at or near capacity.
While the cash-flow affordability of home ownership had fallen since late last year, it remained at
favorable levels in comparison with recent years.
The civilian unemployment rate registered another slight decline in April, to 6.4 percent, and the average workweek of production or nonsupervisory workers remained at
an unusually high level.
Vacancy rates for multifamily units remained at
historically high levels.
Stocks at wholesale and retail trade establishments reversed a sizable portion of the accumulation that occurred in the fourth quarter; even so, for many types of businesses in the trade sector, inventory-to-sales ratios remained at
These members believed that the risks in the economy remained at
least marginally tilted toward a weaker than projected economic performance and that any policy adjustments in the intermeeting period were likely to be in the direction of some easing.