27 ordspråk av William Dunkelberg

William Dunkelberg

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A net 17 percent of small employers plan to increase employment in the next three months, indicating that this year could be a fairly good period for manufacturing if the economy holds and the dollar weakens.

Barring a crippling auto industry strike or some other major event unforeseen in May, the latest survey readings indicate a growth rate of about 3 percent during the next six months,

By historical standards, that's a good rate, but we're used to 5 and 6 (percent growth) now, so it's going to feel bad. Perspective gets skewed by prosperity.

Capital spending (actual and planned) got healthier and one in five owners views the current period as a good time to expand, strong for this period in the cycle.

Compared to last year, it's not a party, but historically, it's not so bad,

Consumer spending seems to be holding up in the aggregate figures, but it appears that consumers are 'shaving' spending on a broad front ? still eating out but ordering the cheap entrees,

Consumers have not become timid, capital spending is double digit, and the government is spending more.

Credit costs more but is no harder to get. And because interest costs are not particularly large for most firms, there are few complaints.

Historically, except for the dot-com hiring binge, this is a very solid number.

I won't say 'deflation,' but price paring was widespread. It reached far beyond manufacturing and agriculture.

It does not get much better (except in the crazy dot.com years).

Judicious capital investments have allowed the small-business community to cut operating costs to the point where many are able to hold the line on -- or reduce -- consumer costs, improve employee compensation, withstand flat or lower sales and still generate higher profits,

Katrina does put a wrinkle in the outlook. But the survey data indicate strong third and fourth quarters.

Main Street optimism has backed down from the mountain top and is resting on a high plateau. The general view is that things have been going well for so long, they're bound to ease back a bit. Small-business owners aren't painting a doom-and-gloom scenario here. They just sense that the red-hot economy will cool by a degree or two.

Shopping action must have been heavy, as the frequency of reported sales gains jumped way up in November, to the third-highest level in all of '98.

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