New and continuing claims are at levels that historically have been associated with payroll employment gains of around 225,000. Labor markets are gradually improving. |
New claims during the survey week are broadly similar to where they have been for the last two months, when payrolls fell, ... Continuing claims have been ratcheting steadily higher. Labor market weakness remains. |
New claims during the survey week are broadly similar to where they have been for the last two months, when payrolls fell. Continuing claims have been ratcheting steadily higher. Labor market weakness remains. |
Only lower interest rates are providing any support at the moment, ... The outlook is still worrisome. |
Our feeling is that markets are not going to rebound magically to a 100-machine market. So you have to learn to work in a very competitive, smaller market. |
Payroll employment for October will plunge sharply and unemployment will continue to rise, likely breaching 6 percent by early next year, |
Payroll employment for October will plunge sharply and unemployment will continue to rise, likely breaching 6 percent by early next year. |
Productivity has slowed during the past year because output has fallen more quickly than employment and hours have been trimmed. |
Retail sales have slowed over the last six months in response to the slower pace of job creation, higher rates, and increased volatility in the stock market. Indeed, in the past two years there has been tight relationship between the Nasdaq and retail spending, suggesting further spending weakness in coming months. |
Retail spending was much stronger than anticipated. Although some of these gains were due to post-hurricane spending, it appears that consumers are not yet ready to throw in the towel. |
Sharp production cuts will continue to bring down inventories, which will set the stage for the economic recovery when spending revives. |
Slack demand and intense competition are preventing companies from raising prices. |
Slower output and employment growth is dampening real income gains, which in turn is slowing spending, ... Although the monthly data continue to be quite volatile during this transition period, the underlying trends are unmistakable -- the economy is slowing from its torrid pace. |
Slower output and employment growth is dampening real income gains, which in turn is slowing spending. Although the monthly data continue to be quite volatile during this transition period, the underlying trends are unmistakable -- the economy is slowing from its torrid pace. |
Slowing income gains and increased uncertainty have savaged consumer spending. This has removed the only major support for the economy, insuring the recession will last, at least, into early next year. |