There's no question the recovery is taking longer than people thought. People thought the economy would pick up very quickly and that we would have a typical garden variety economic recovery. That's not the case, but the good news is it is a recovery. You can't ask for more than that. |
There's no question these higher mortgage rates will take some of the shine off the resiliency in the housing market, |
There's no question these higher mortgage rates will take some of the shine off the resiliency in the housing market. |
There's no question they will have to keep the door open [for more cuts]. If they see further surprises on the down side with respect to unemployment, they have to remain in play because that has a dramatic impact on consumer confidence. |
There's no question unemployment is what drives consumer confidence, which in turn drives consumer spending. We have to be realistic and accept the notion that, as we enter the first quarter and December, these sales are going to get a bit weaker. We're still in a recession. |
These [jobless] numbers confirm everything that came out in the Fed statement. Things are going to get worse before they get better on the unemployment rate front. |
These claims numbers confirm the notion that things may improve sometime in the future. The fact that we didn't go over 400,000 was very encouraging. |
These figures strongly suggest that the labor market recovery train is still not even at the train station as of yet. |
These higher gasoline prices are hurtful. |
These jobless claims figures strongly suggest that any discussion of a runaway economic recovery have been greatly exaggerated, ... Instead, what we see here is a recovery that continues to face significant headwinds emanating from the employment front. |
These jobless claims figures strongly suggest that any discussion of a runaway economic recovery have been greatly exaggerated. Instead, what we see here is a recovery that continues to face significant headwinds emanating from the employment front. |
These jobs are not lost forever, ... When you take into account everything coming through the pipeline, all Federal aid, all the insurance money, there will be a lot of jobs created by recovery efforts. Remember the GDP of New Orleans was about $40 billion annually before the storm. We'll easily see more than that being pumped into the system. |
These jobs are not lost forever. When you take into account everything coming through the pipeline, all Federal aid, all the insurance money, there will be a lot of jobs created by recovery efforts. Remember the GDP of New Orleans was about $40 billion annually before the storm. We'll easily see more than that being pumped into the system. |
These numbers are essentially telling us that retail sales were artificially boosted by zero-percent financing. These numbers are not going to do anything to discourage the Fed from thinking that the balance of risk in the economy is toward weakness. |
These numbers are suggesting that a future Federal Reserve tightening will be coming to a theater near you quite soon. |