120 ordspråk av Ken Goldstein

Ken Goldstein

Ken Goldstein föddes den 18 oktober 1962
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Consumers are concerned that wages are not keeping pace with inflation, and managers feel they can't raise prices. It's difficult to imagine how both can be satisfied in 2006.

Productivity is the wild card. It's the one thing that has kept the tension between prices and wages on a low simmer.

The fact that the January number is back up to the higher level we saw in August 2005 indicates that the demand for labor is holding steady and seems to have weathered the hurricane and energy-related effects of last fall. The January online help-wanted ad volume is consistent with what we are seeing from the Consumer Confidence Survey. In January, consumers were more upbeat about current economic conditions, and they were especially more positive about the job market.

The coincident economic indicators have been rising moderately but steadily in recent months, suggesting the economy is sustaining a relatively moderate pace.

The Leading Economic Index, however, rose sharply in three of the last four months. That could be a signal of a faster pace this spring.

The economy has been on a little bit of a seesaw, where we have had a softer fourth quarter, perhaps (a) still somewhat soft first quarter, with some improvements certainly for the second quarter.

Consumer sentiment about job prospects over the next six months dipped in January. Thus, not only are the indicators suggesting modest gains in hiring, but consumers also do not think more new jobs will start opening up this spring.

The key here is the focus on local news. Local TV news is the single greatest source of information for the majority of Americans - whether it be politics or health - and understanding what sorts of health information people are being exposed to demands that we analyze the content of this most prevalent source.

Essentially the story is we have got moderate growth through the first quarter. We may tick up in the second quarter and we may tick down in the third quarter. Growth is going to be a little slower second half of the year.

The economy is growing now, but not as fast as it did last year before the hurricanes.

This could be a signal that the economy will continue to expand this spring before slowing later in the year.

The labor market picture remains a bit cloudy. There are some bright spots where the job market may be picking up, but it's by no means a clear picture.

I don't know where they are going to stop, and I don't know that they know.

The labor market picture remains cloudy.

It's probably just some reversal of earlier losses. I'm not sure that it's anything more fundamental than that, although its pretty encouraging.

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