It reflects some loss of momentum from January. Activity in January was a bit too euphoric given the underlying economic fundamentals. This month is more realistic. |
It seems as though the inflation report provided a few component surprises but no overall surprises as apparel prices continued to drop despite the expectation that they would stabilize or rise slightly. |
It tells us the economy is in a sweet spot, |
It will cause something like a state of paralysis on the part of consumers, at least in the near term. |
It would have been a lot more comforting to see greater strength in the ex-auto component than in the headline figure. |
It's a healthy development. It tells us the underlying momentum of the economy was stronger, so we can afford to take a bigger hit in the second quarter and still have respectable growth for the year. |
It's a little disappointing to see core up that much, ... I was hoping for surprise on the downside for core as we got in the PPI (Producer Price Index) yesterday. |
It's a little disappointing to see core up that much. I was hoping for surprise on the downside for core as we got in the PPI (Producer Price Index) yesterday. |
It's a wake-up call. One quarter does not make a trend, but we have to be more on our guard. |
It's difficult to foresee a growth rate where we will find 320,000 jobs |
It's going to make the markets a bit jittery, especially when the market is conditioned to be data-dependent. |
It's not all that encouraging for the Fed. |
It's probably going to subtract 0.8 percent from [gross domestic product] growth this year. |
It's tempting to say these are terrible jobs, but the service sector has more wage pricing power than the manufacturing sector. If you're getting a pay increase from your boss today, it's probably not in manufacturing. |
It's unreasonable to expect that the information we have so far could justify another cut right now. We need to see more evidence the economy is headed for much slower growth in the months ahead. |