We don't think business confidence is going to improve much more over coming months, but we don't expect it to fall off a cliff either. There's still support from the rest of the world and a slightly lower euro.

There's no doubt German firms are doing exceptionally well: order books are full to the brim and business confidence is at levels not seen since reunification. But they haven't started hiring yet. They know that in 2007 a very large fiscal tightening is envisaged, so this could be a short-lived rise in demand.

This confidence in business conditions also is reflected in the survey responses to the annual question regarding anticipated capital equipment expenditures. This year, 62 percent of supply chain managers plan to increase capital equipment expenditure in 2006; only 10 percent said they plan to cut back on capital expenditures. This is a marked difference from previous years, and suggests continued positive economic news for Arizona in the near term.

With his confidence, the way he works and the way he goes about his business, he's capable of (passing Clemens). His knowledge of the game is so good and he knows what to do when he's up there.

U.S. employers are still void of the business confidence needed to increase their employment projections for the third quarter, ... Employers have expressed uncertainty in hiring intentions in recent Manpower Employment Outlook Surveys, but this quarter represents the weakest job outlook in 12 years.

Levels of new business enquiries are encouraging and we look forward with confidence.