Business investment is going to be one of the principal drivers of growth in 2006. The consumer will still be there ... (but) certainly won't be as ebullient as the last four years.
Manufacturing is gaining strength heading into the second quarter. We have a level of capacity use that justifies more business investment.
We saw a big rebound in corporate profits and that's a good signal for continued business investment. That generally leads to hiring, which will help keep consumption going.