This summer's energy shock will cascade through the economy. A brutal winter heating season can't be ruled out. Detroit is losing steam, |
This summer's energy shock will cascade through the economy. A brutal winter heating season can't be ruled out. Detroit is losing steam. |
This summer's energy shock will cascade through the economy. A brutal winter heating season can't be ruled out. Detroit is losing steam. |
This time around, my guess is that the lead may end up being shorter than the historic average, ... I wouldn't rule out the possibility of the stock market being an almost coincident indicator. |
This was a temporary pause, which has already been reversed in the month of September, |
To me, the key indicator is employment. We need to see at least three months of pretty hefty increases in employment before we'll be able to say we're out of woods, |
Two weeks ago traders thought there was no chance. If you had asked me Thursday, I would have said less than a 50 percent chance (of a December hike), at best I would have said a 50-50 chance. Now it looks pretty likely. |
Unless the labor market gains some steam and momentum, both real income and confidence of consumers would be hurt. |
Until and unless there are significant increases in jobs over a period, tighter monetary policy is out of the question. |
Washington will pump massive amounts of aid into the Katrina-affected areas boosting economic activities. |
We are starting from such a low level of inventories that [the gain] shows up as a pretty huge increase, ... But if you look at the level compared to ... expected sales, inventories are still much much too low. |
We have a situation where the baton of economic growth needs to pass from consumers to businesses, but that hasn't happened yet, |
We have probably hit the bottom in inventory liquidation, and hopefully we are actually now rebuilding inventory, |
We knew the data collected after the attack was going to be weak, but I was a little dumbfounded by the fact that the numbers even before the attack were awfully weak, ... Even before the attack, the economy seems to have relapsed into the doldrums. |
We know inventories are probably somewhere near the bottom, ... Businesses are producing [goods], trying to not only meet demand, but also to rebuild inventories. |