The labor market remains solid and economic growth will remain firm into the new year. |
The level of claims remains remarkably lean. The labor market has improved significantly in early 2006. Payroll growth has likely entered a period of overdrive. |
The net effect on the economy is always positive. We have more consumers of energy than producers and the result is that the sector that benefits from low inflation and low interest rates comes out ahead. |
The story is all about oil. This is still a fluid situation but we have enough information to feel comfortable lowering our economic growth estimate even further. |
There has been a remarkable surge in spending and it will probably continue for another five or six months. |
This data will tell us little about the economy going forward, |
Though inherent volatility in the monthly jobs report may lead to a January dud, all signs suggest that the risk is for a whopper that would solidify the view that the economy remains solid. |
Today's report simply reinforces the belief that it will be 25 points instead of 50 points. |
We may be seeing the unwinding of the boost from post-Katrina spending. |
We will likely see payback in February for the outsized January surge. It is unlikely that the combined data for the two months alter the robust trajectory. |
We would not be able to land (in Stockholm) until 1:30 a.m. and that is not reasonable. |
We're expecting a solid year for equipment and software spending. Businesses seem to have very optimistic plans for investment in 2006. |
What we are seeing is that these numbers are coming in line with other confidence figures, which shot ahead in May and June with oil prices falling, and now with oil prices soaring, we are seeing the effect from higher prices at the pump. |