MFG 'FLAT' BUT OTHER PARTS OF ECON GROWING,NO RECESSION
'VERY, VERY STRONG PRESUMPTION VS INTERMEETING MOVE'
INTERMEETING MOVE REQUIRES 'SURPRISING'NEW INFORMATION
'THE INFLATION ENVIRONMENT IS ESSENTIALLY UNCHANGED'
CREDIT MARKETS 'NORMAL'; MONEY AVAILABLE TO GOOD RISKS
INTERMTG MOVES BYPASS FORECAST PROCESS, RISK VOLATILITY
CONS SPDG NOT REFLECTING WEAK CONS'ER CONF,STOCK PRICES
AUTO SALES 'SURPRISINGLY STRONG'; CONSTR'N HELD UP WELL
POOLE EXPECTS CHANGE IN MIX OF BUSINESS INVESTMENT SPENDING